Chief Financial Officer
United Way of Tarrant County, Fort Worth, TX, United States
Executive Vice President and Chief Financial Officer
United Way of Tarrant County (UWTC) is seeking a strategic, data-driven, and forward-thinking leader to serve as our next EVP and Chief Financial Officer (CFO). From shaping financial strategy to overseeing all financial compliance, this role oversees the employees of the finance department and the overall work of UWTC in a continually evolving environment across Tarrant County.
The CFO is responsible for all financial matters of the organization, including financial strategy, accurate financial reporting, and risk management. The CFO will report to and work closely with the President and CEO and will partner with the senior leadership and the board of directors to develop and implement financial strategies across the organization. The CFO will oversee all compliance and recognition for government (federal and state) contracts and private grants. The CFO must be able to adapt to a continually evolving environment and thrive in an autonomous and deadline-oriented workplace while managing the entire finance department and staff.
Essential Duties and Responsibilities
Finance
Ensure the operation of the organization within the board-approved budget
Report financial conditions and results of the operations through an accounting system that conforms to the requirements of applicable accounting standards
Oversee cash flow planning and forecasting and ensure availability of financial resources in a timely manner
Oversee cash, investment, and asset management and ensure the maximum income is earned through investments
Manage endowment and pension plan investments through third party institutions
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
Foster organizational relationships throughout the County through board service and representing UWTC through attendance at community events
Planning, Policy, and Investor Relations
Coordinate the development and monitoring of budgets
Develop financial business plans and forecasts
Participate in corporate policy development as a member of the senior management team
Engage the Audit and Finance committee of the board of directors to develop short-, medium-, and long-term financial plans and projections
Represent the company to financial partners, including financial institutions, investors, foundation executives, auditors, public officials, etc.
Remain up to date on nonprofit audit best practices and state and federal law regarding nonprofit operations in order to manage the external audits and required reporting
Accounting and Administration
Oversee the accounting department to ensure proper maintenance of all accounting systems and function and supervise the finance staff
Ensure maintenance of appropriate internal controls and financial procedures
Ensure timeliness, accuracy, and usefulness of financial and management reporting for federal and state funders, foundations, and the board of directors; oversee the preparation and communication of monthly and annual financial statements
Coordinate audits and proper filing of tax returns
Ensure legal and regulatory compliance regarding all financial functions
Management and supervision of facilities management of five service center buildings
Staff representation of Audit and Finance Committee in reporting quarterly financial results of operations
Staff representation of Investment Committee in reporting and reviewing quality and performance of investments
Coordination of annual audits of financial statements by external independent auditors
Assistance to member agencies for improvement of accounting systems and business management techniques
Identify, manage, and mitigate organizational risk
Ensure adequate organizational insurance coverage
Additional duties as requested by the President and CEO
Essential Knowledge, Skills, and Abilities
The Chief Financial Officer (CFO) will be a seasoned and mature leader with at least 15 years of broad finance experience, ideally beginning in audit, followed by experience gathering and evaluating financial information and making actionable recommendations to senior leadership. The candidate will ideally have experience managing finance (accounting, budgeting, control, and reporting) for a complex nonprofit with multiple funding sources including government (federal and state) contracts and an affiliate structure with diverse program areas delivered nationally.
Must be eligible to work in the United States (No Sponsorship)
At least 15 years of broad finance experience, preferably in a nonprofit organization with a budget of at least $20 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
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
Technologically savvy with advanced knowledge of accounting and reporting software and MS Office
Keen analytic, organization and critical thinking skills which allows for strategic data interpretation versus simple reporting
Excellent verbal and written communication skills
Demonstrated leadership ability, team management, and interpersonal skills
Excellent analytical and abstract reasoning skills, plus excellent organization skills
Educational Requirements
Must have a degree in Finance or Accounting. MBA or a Master-level degree or CPA strongly preferred.
Personal Skills and Attributes
Excellent leadership, team building, interpersonal and time management skills
A high energy, results-oriented leader and must be an initiative-taker with little supervision required
An individual with the utmost professional and personal integrity
Outstanding collaboration skills through effective communication
Business savvy with the ability to engage, influence, access risk, issues, and priorities
Personal values consistent with United Way mission
Work Hours/Environment
Traditional work hours (Monday-Friday 8 a.m. 5 p.m.) are standard with occasional weekend, late night, or early morning hours. Although remote work is permitted for this position, the individual must reside primarily in North Texas and work from the office on a regular basis.
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Normal office conditions prevail.
About United Way of Tarrant County
United Way of Tarrant County, a nonprofit leader in North Texas, mobilizes our community to action so all can thrive. We identify critical needs, foster collaboration, and invest in solutions that drive change. Through our four impact areaseducation and youth opportunity, community health, financial security, and community resiliencyour programs serve nearly 400,000 individuals annually. United Way of Tarrant County employs approximately 75 people dedicated to our mission. After celebrating our 100th anniversary in 2022, we remain committed to empowering Tarrant County residents for generations to come.
United Way of Tarrant County (UWTC) is seeking a strategic, data-driven, and forward-thinking leader to serve as our next EVP and Chief Financial Officer (CFO). From shaping financial strategy to overseeing all financial compliance, this role oversees the employees of the finance department and the overall work of UWTC in a continually evolving environment across Tarrant County.
The CFO is responsible for all financial matters of the organization, including financial strategy, accurate financial reporting, and risk management. The CFO will report to and work closely with the President and CEO and will partner with the senior leadership and the board of directors to develop and implement financial strategies across the organization. The CFO will oversee all compliance and recognition for government (federal and state) contracts and private grants. The CFO must be able to adapt to a continually evolving environment and thrive in an autonomous and deadline-oriented workplace while managing the entire finance department and staff.
Essential Duties and Responsibilities
Finance
Ensure the operation of the organization within the board-approved budget
Report financial conditions and results of the operations through an accounting system that conforms to the requirements of applicable accounting standards
Oversee cash flow planning and forecasting and ensure availability of financial resources in a timely manner
Oversee cash, investment, and asset management and ensure the maximum income is earned through investments
Manage endowment and pension plan investments through third party institutions
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
Foster organizational relationships throughout the County through board service and representing UWTC through attendance at community events
Planning, Policy, and Investor Relations
Coordinate the development and monitoring of budgets
Develop financial business plans and forecasts
Participate in corporate policy development as a member of the senior management team
Engage the Audit and Finance committee of the board of directors to develop short-, medium-, and long-term financial plans and projections
Represent the company to financial partners, including financial institutions, investors, foundation executives, auditors, public officials, etc.
Remain up to date on nonprofit audit best practices and state and federal law regarding nonprofit operations in order to manage the external audits and required reporting
Accounting and Administration
Oversee the accounting department to ensure proper maintenance of all accounting systems and function and supervise the finance staff
Ensure maintenance of appropriate internal controls and financial procedures
Ensure timeliness, accuracy, and usefulness of financial and management reporting for federal and state funders, foundations, and the board of directors; oversee the preparation and communication of monthly and annual financial statements
Coordinate audits and proper filing of tax returns
Ensure legal and regulatory compliance regarding all financial functions
Management and supervision of facilities management of five service center buildings
Staff representation of Audit and Finance Committee in reporting quarterly financial results of operations
Staff representation of Investment Committee in reporting and reviewing quality and performance of investments
Coordination of annual audits of financial statements by external independent auditors
Assistance to member agencies for improvement of accounting systems and business management techniques
Identify, manage, and mitigate organizational risk
Ensure adequate organizational insurance coverage
Additional duties as requested by the President and CEO
Essential Knowledge, Skills, and Abilities
The Chief Financial Officer (CFO) will be a seasoned and mature leader with at least 15 years of broad finance experience, ideally beginning in audit, followed by experience gathering and evaluating financial information and making actionable recommendations to senior leadership. The candidate will ideally have experience managing finance (accounting, budgeting, control, and reporting) for a complex nonprofit with multiple funding sources including government (federal and state) contracts and an affiliate structure with diverse program areas delivered nationally.
Must be eligible to work in the United States (No Sponsorship)
At least 15 years of broad finance experience, preferably in a nonprofit organization with a budget of at least $20 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
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
Technologically savvy with advanced knowledge of accounting and reporting software and MS Office
Keen analytic, organization and critical thinking skills which allows for strategic data interpretation versus simple reporting
Excellent verbal and written communication skills
Demonstrated leadership ability, team management, and interpersonal skills
Excellent analytical and abstract reasoning skills, plus excellent organization skills
Educational Requirements
Must have a degree in Finance or Accounting. MBA or a Master-level degree or CPA strongly preferred.
Personal Skills and Attributes
Excellent leadership, team building, interpersonal and time management skills
A high energy, results-oriented leader and must be an initiative-taker with little supervision required
An individual with the utmost professional and personal integrity
Outstanding collaboration skills through effective communication
Business savvy with the ability to engage, influence, access risk, issues, and priorities
Personal values consistent with United Way mission
Work Hours/Environment
Traditional work hours (Monday-Friday 8 a.m. 5 p.m.) are standard with occasional weekend, late night, or early morning hours. Although remote work is permitted for this position, the individual must reside primarily in North Texas and work from the office on a regular basis.
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Normal office conditions prevail.
About United Way of Tarrant County
United Way of Tarrant County, a nonprofit leader in North Texas, mobilizes our community to action so all can thrive. We identify critical needs, foster collaboration, and invest in solutions that drive change. Through our four impact areaseducation and youth opportunity, community health, financial security, and community resiliencyour programs serve nearly 400,000 individuals annually. United Way of Tarrant County employs approximately 75 people dedicated to our mission. After celebrating our 100th anniversary in 2022, we remain committed to empowering Tarrant County residents for generations to come.