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Location and Job Title:
Chief Financial Officer
JCC of Greater New Haven
360 Amity Rd
Woodbridge, CT 06525
Principal Responsibilities:
Overall Responsibility:
Reporting to the Chief Executive Officer, CFO requires the skill of an exceptional, hardworking leader, with demonstrated success to execute on the organization's vision, mission, and philosophy. The CFO must employ a thoughtful and respectful style to lead by example.
The CFO will provide the leadership, management, and oversight necessary to ensure that the organization has the appropriate operational controls, reporting procedures and systems in place to strengthen the organization, while maintaining excellence and ensuring financial strength and operating efficiency. As a member of the organization's leadership team, the CFO will participate in decision-making processes necessary for the successful attainment of the Federation's mission.
The CFO oversees a team of 3 employees. This person must be a hands-on leader capable of rolling up his/her sleeves and getting involved in the details as needed to provide supervision and support to the Finance Department. The CFO is the primary agency contact for all contractual matters, proposals for new or extended programs and new business development. The CFO serves as an active member of the Executive Management Team helping to develop and implement the agency's vision and mission.
Minimum Qualifications:
Key Areas of Responsibility:
- Works collaboratively with lay leadership, the executive staff and appropriate staff teams to create, manage and maintain Jewish Federation & Jewish Cemetery Association finances, budget, cash flow and accounting.
- Provides thought partnership, forecasting, short, medium and long range planning anticipating trends in support of the CEO and Finance CommitteeRecommend, evaluate, and provide strategic financial leadership on the impact of short- and long-range planning, introduction of new programs/strategies and other efforts/issues affecting the organization.
- Develop and provide timely and accurate analysis of budgets, financial reports, and financial trends in order to assist the President/CEO, the Board of Directors, various Committees, and the executives of the Federation in performing their responsibilities.
- Manage cash flow and forecasting; provide direction and oversight for all financial, project based and departmental accounting.
- Serves as primary liaison for lay leader fiscal reporting and facilitation.
- Ensure the accounting staff maintain records in accordance with GAAP.
- Develops and oversees the budget, including budget revisions as needed.
- Maintain relationships with key organization partners, including auditors, banking institutions, insurance and investments partners.
- Review and manage, and establish as needed, internal systems and controls, operations, processes and financial procedures to ensure the integrity of financial information and reporting.
- Communicate with staff and lay leaders to provide financial updates and overviews, create and support a strong culture of financial oversight and strengthen staff and board fiscal literacy.
- Ensure continual improvement of the budgeting process through education of department managers on financial issues impacting their budgets.
- Manage the agency's liability insurance program, including ongoing risk analysis.
- Review efficiency/effectiveness of employee benefit programs, seeking approaches to lower costs where possible and consistent with required quality levels.
- Stay abreast of trends and regulations to ensure effectiveness and compliance for the finance organization.
- Build, develop, and manage a finance team capable of carrying out needed initiatives.
- Review bi-weekly payroll development.
- Track important KPIs and analyze trends.
- Oversees invoicing and processing of payments for Jewish Federation, JCC and Jewish Cemetery Association; manages collection process.
- Analyze and solve problems effectively and efficiently.
- Work closely with Development staff, tracking proper documentation of donations, pledge payments, gift designations as well as providing aging and donor reports as needed for campaign, endowment, and other fundraising efforts for JFGC and related entities
- Perform other related duties as assigned by the CEO.
- Prepare, analyze and present monthly and year-end financial reports for the agency, its programs, and activities.
- Supervise annual audit of the Federation, retirement plan, tax filings, state law compliance for nonprofits, and workers compensation.
Qualifications and Competencies:
- Knowledge of general accounting and financial reporting procedures in accordance with the State of Connecticut and GAAP.
- State of Connecticut contract/grant budgeting/reporting procedures and requirements.
- Human Resources related laws, regulations and practices.
- Payroll reporting and processing of payroll taxes.
- Employee benefits, including the management of health care and retirement plans.
- Current nonprofit sector environment and trends.
- General office software, particularly Google Suite, Microsoft Suite, CRM systems, ADP and accounting software packages
- Must possess 7-10 years of executive and/or senior level leadership and management experience in a nonprofit environment or similar, including the areas of organizational development, operations and finance as described above.
- Minimum Bachelor's degree in Finance or related field from an accredited college or university.
- Advanced degree or Certified Public Accountant designation a plus.
- Demonstrated ability to be analytical, capable of building trust and working in partnership with staff to achieve results with a proven ability to promote collaboration and inclusion.
- Ability to interact with and provide white-glove service to key stakeholders.
- Ability to explain financial terms in simple language
- Advanced skills in Microsoft Excel; experience with Blackbaud CRM, & Quickbooks.
- Up-to-date on trends in non-profit financial reporting and management.
- Superior verbal and written communication skills.
- Honesty, a sense of humor, and common sense are essential, as is the ability to maintain confidentiality.
- Passion for making positive social change in the world.
- Understanding of HR processes.
Salary:
$105,000 - $120,000
Agency Information:
Located in Woodbridge, CT, a picturesque suburb of New Haven, the Jewish Federation, Foundation and JCC of Greater New Haven is an integrated operation situated on a 54-acre campus featuring a 106,000 square foot community center and campground. The Federation is an approximately $8 million operation that serves people of all ages across a 30 town geography.
As a community-driven organization, the Jewish Federation of Greater New Haven is committed to taking care of the needs of the Jewish People in Greater New Haven, in Israel, and worldwide. We unite a diverse Jewish community, inspiring each person's actions to strengthen Jewish life in greater New Haven and around the world.
We are seeking a candidate with a diverse range of experience, nonprofit organizational background a plus, who enjoys managing complex situations and who has the initiative, skills, and sensitivity needed to manage complex systems that increase organizational effectiveness while supporting the Jewish Federation/JCC culture and values.