Organization: Relief International
Country: United States of America
Closing date: 08 May 2016
Position: Chief Financial Officer (CFO)
Location: Washington, DC
About RI: Relief International (RI) is a leading global humanitarian organization and home to teams of humanitarian activist-professionals committed to transforming adversity into renewal for the world’s most vulnerable populations. By partnering with beneficiaries and communities on the front-lines, RI innovatively bridges the gap between immediate relief and long-term community development.
Position Summary: The Chief Financial Officer (CFO) is responsible for all of RI’s financial planning, financial management, and accounting functions, including those of RI’s affiliate organizations. The CFO is a member of RI’s Senior Management Team (SMT). The CFO plays a critical role in advising RI division heads and affiliate members on financial planning and economic modeling. S/he is responsible for overseeing all fiscal and fiduciary obligations of the organization, in conjunction with the CEO, SMT, the Board of Directors and the Finance, and Audit committees of the Board.
Reports To: The CFO reports to the CEO, but engages regularly with SMT and also has a reporting requirement to the Board of Directors via the Audit and Finance Committees of the Board.
Essential Responsibilities & Duties:
- Oversee all accounts, ledgers, and reporting systems, ensuring compliance with appropriate Generally Accepted Accounting Principles, regulatory requirements, donor requirements, and the US Office of Management and Budget as well as UK, EU and UN donor audit requirements.
- Maintain all necessary internal control safeguards
- Manage cash flow and forecasting.
- Ensure timely, accurate and satisfactory reporting on all project expenditures internally as well as to donors.
- Lead and coordinate all audit activities; prepare for and manage all external audits.
- Mentor and develop a team of direct reports; manage work allocation, coach and train, collaboratively problem-solve, conduct regular performance evaluations, and build an effective team dynamic; guide larger, cross-departmental teams outside of direct span of control that are part of RI’s field offices and affiliates.
- Identify, design, and implement innovative results-based approaches to conducting business.
- Maintain an environment of excellence and a “can do” culture that facilitates RI’s success.
- Provide routine assessments of organizational performance against both the annual budget and RI’s long-term strategy.
- Engage the board finance and audit committees around relevant issues, trends, and changes in the operating model(s) and operational delivery.
- Assume a key role in annual planning/budgeting and in monitoring revenue and expenditure against budget.
- Continuously update/improve accounting and financial tools and systems to provide critical financial and operational information; make actionable recommendations on both strategy and operations.
- Streamline and automate financial process and supporting systems, refining processes, developing user-friendly manuals and training programs, and deploying supporting technology.
- Participate in establishing yearly objectives and meeting agendas, and selecting and engaging outside consultants as needed (auditors, investment advisors).
Accounting / Reporting
- Oversee RI’s accounting operations to ensure proper maintenance of all accounting systems and function; supervise RI’s accounting staff.
- Ensure timeliness, accuracy, and usefulness of project based financial reporting for internal management and external use according to donor guidelines (US Federal, various foreign government, private foundations, etc.)
- Oversee the preparation of monthly, quarterly and annual financial statements.
- Coordinate and manage all US and international audits and proper filing of tax returns.
- Ensure legal and regulatory compliance with regard to all financial functions domestically and internationally.
- Oversee cash flow planning and ensure availability of funds as needed.
- Oversee cash, investment, and asset management.
- Oversee financing strategies and activities, as well as banking relationships.
- Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans.
- Ensure continuous upgrade and maintenance of appropriate internal financial controls and procedures worldwide.
Planning, Policy, and External Relations
- Develop financial business plans and forecasts.
- Engage the finance committee of the board of directors to develop short-, medium-, and long-term financial plans and projections.
- Represent the company to financial partners and auditors.
- Remain up to date on nonprofit audit best practices and state and federal law regarding nonprofit operations.
- Conduct negotiations on financial management elements of agreements with donors and partners.
Qualifications and Requirements:
The CFO will be a seasoned and mature leader with at least 10 years of broad finance experience. S/he will ideally have experience managing finance (accounting, budgeting, control, and reporting) for a complex international nonprofit organization with multiple funding sources including US government, other government, UN, foundations, etc. (federal). The CFO will have the following experience and attributes:
- A CPA and/or MBA
- At least five years’ experience as CFO or equivalent in an international nonprofit organization with a budget of $25-$100 million.
- Experience in a senior financial-management role, partnering with executive staff, resulting in the development and implementation of creative financial management strategies.
- Significant experience in or knowledge of nonprofit accounting, including sophisticated fund and grant accounting, compliance, and reporting.
- Experience streamlining and automating financial processes, including refining processes, developing user-friendly tools and training programs, and deploying suitable technology.
- Deep knowledge and understanding of the Office of Management and Budget Circular A133 audit.
- Experience working with information technology staff to manage finance and accounting software packages.
- Extensive knowledge of and experience working with international donors, specifically RI’s donors, USAID, DfID, EU, UN, etc. as well as donor grant and contract management, budgeting.
- Experience with rules and regulations of multilateral donors.
- Strong knowledge of and ability to run and supervise accounting systems software. Familiarity with the MIP System is a plus.
- Strong leadership ability, presentation skills, and ability to translate financial terms into understandable terms for managers, SMT and Board of Directors.
- Excellent written and oral communication skills.
- Demonstrated leadership ability, team management, maturity of judgment, and interpersonal skills.
- Proven problem solving skills, and ability to work under pressure in highly complex and demanding environments.
- Excellent analytical and abstract reasoning skills, plus excellent organization skills.
- Strong management, planning and leadership skills with senior level management experience in a similar sized INGO.
- Willingness and ability to travel overseas when required.
Salary: Commensurate with experience and qualifications.
We uphold the Humanitarian Principles: humanity, neutrality, impartiality, and operational independence.
We affirmatively engage the most vulnerable communities.
- Transparency and Accountability
- Agility and Innovation
How to apply:
Application Procedure: To be considered for this recruitment, please visit our career page and submit a cover letter, resume, salary history, with contact information for three professional supervisory references.
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