Exciting Opportunities with Share Food Program! We are looking for an Chief Financial Officer to add to our team!
Share Food Program (“Share”) is the leading hunger relief organization in the Greater Philadelphia region and one of the largest independent food banks in the nation. Food insecurity is a crisis in our communities. The ripple effects of the pandemic, record rates of inflation, and critical cuts to government assistance benefits have plunged even more people into hunger and poverty. Today, Share feeds hundreds of thousands individuals each month—more than half of whom are children and seniors.
Position Overview:
Under the direction of the Executive Director, the Chief Financial Officer (CFO) will manage oversee all financial, human resources, and IT aspects of the organization. The CFO responsibilities include overseeing cash flow planning, directing the preparation of current financial reports and summaries, and create forecasts predicting future growth. To be successful in this role, the candidate should have in-depth knowledge of risk management methods and the ability to create forecasting models in collaboration with senior staff. The successful candidate should also be mission-driven and understand how their performance is an integral part of the work we do as an organization. Ultimately, the CFO will ensure we manage our resources in the most beneficial way and help maximize our funding and advance our organization’s mission.
Core Job Functions and Responsibilities:
Financial management
- Directs the preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.
- Compares actual outcomes to forecasts and budgets. Makes or oversees any necessary adjustments.
- Works with Department heads and stakeholders to develop annual departmental budgets.
- Ensure all financial operations comply with federal and state laws.
- Oversees annual audit and 990 filing,
- Works with the Executive Director, the Board of Directors, and other executives to coordinate planning and establish priorities for the planning process.
- Oversees investment of funds and works with investment bankers to raise additional capital required for expansion.
- Forecast return on investment for current and future programs.
- Track KPIs and analyze trends.
- Manage payroll process
- Manage financial requirements for grants
- Develop and manage the financial requirements for capital campaign in conjunction with fundraising and construction management
- Represent the organization to investors and public officials.
- Oversees accounting functions, budget preparation, and audit functions.
Organizational improvements
- Reviews finance processes and systems, makes recommendations, and implements changes.
- Reviews planning process and suggests improvements to current methods.
- Studies long-range economic trends and projects their impact on future growth.
- Identifies opportunities for expansion into new program areas.
- Works with other department heads to monitor each department and make recommendations.
Leadership
- Manages a small team of finance and gifts processing professionals.
- May oversee human resources staff and compensation/benefits packages
- May manage IT contractors and staff
Additional duties as required.
Required Skills/Abilities:
- Excellent management and supervisory skills.
- Excellent analytical, risk management, forecasting, and organizational skills.
- Proficient in database and accounting and financial computer application systems (ex. NetSuite).
- Expertise in MS Excel.
- Commitment to diversity, equity, and inclusion
- Ability to build and maintain relationships with internal and external stakeholders
- Excellent written, verbal, and presentation communication skills.
- Ability to explain financial terms in simple language.
Competencies
- Action oriented -- Full of energy for the things he/she sees as challenging; not fearful of acting with a minimum of planning; seizes more opportunities than others
- Problem solving -- Uses rigorous logic and methods to solve difficult problems with effective solutions; probes all fruitful sources for answers; can see hidden problems; is excellent at honest analysis; looks beyond the obvious and doesn’t stop at the first answers.
- Listening -- Practices active and attentive listening; has the patience to hear people out; can accurately restate the opinions of others even when they disagree
- Managing through systems -- Can design practices, processes and procedures which allow managing from a distance; is comfortable letting things mange themselves without intervening; can make things work through others without being there; can impact people and results remotely.
- Perspective -- Looks toward the broadest possible view of an issue or challenge; has broad ranging personal and business interests and pursuits; can easily pose future scenarios; can discuss multiple aspects and impacts of issues and project them into the future
- Building effective teams -- Blends people into teams when needed; creates strong morale and spirit in their team; shares wins and successes; fosters open dialogue; lets people finish and be responsible for their work; defines success in terms of the whole team; creates a feeling of belonging in the team
- Peer relationships -- Can quickly find common ground and solve problems for the good of all; can represent their own interest and yet be fair to others; can solve problems with peers with a minimum of noise; is seen as a team player and is cooperative; gains trust easily; encourages collaboration
- Conflict management -- Steps up to conflict seeing it as an opportunity; reads situations quickly; can hammer out tough agreements and settle disputes equitably; can find common ground and get cooperation with minimum noise
- Strategic agility -- Sees ahead clearly; can anticipate future consequences and trends accurately; has broad knowledge and perspective; is future oriented; can articulately paint credible pictures and visions of possibilities and likelihoods; can create competitive and breakthrough strategies and plans.
- Drive for results -- Can be counted on to exceed goals successfully; is constantly and consistently one of the top performers; very outcome focused; steadfastly pushes self and others for results.
Education and Experience:
Requirements
- Master’s degree in Business Administration, Accounting, or Finance—or equivalent experience--required.
- Eight to ten years of experience in financial management required.
Preferred
- Non-profit experience preferred
Job Type: Full-Time, Exempt
Share Food Program is an equal employment opportunity employer and does not discriminate based on race, ethnicity, religion, national origin, age, sex, gender or gender expression, marital status, sexual orientation, parental status, age, disability, genetic information, or any other category protected by law. In addition to federal law requirements, Share Food Group complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
Share Food Program will make every effort to accommodate an individual when made aware of a necessary accommodation to fulfill job duties. If necessary, the organization will make a determination on reasonable accommodations on a case-by-case basis in accordance with ADA law.
The above statements reflect the general duties and responsibilities considered necessary to perform the essential functions of the job and should not be considered as a detailed description of all the work requirements of the position. The company may change the specific job duties with or without prior notice based on the needs of the organization.
