Opportunity Details

Chief Financial Officer Search
Posted: 03/14/2024
Client name: Client Name Text
Job Function: Finance
Source: Source Text
Location: Atlanta, Ga
Posted: 03/14/2024
Description

About RICE The Russell Innovation Center for Entrepreneurs (RICE) is a business generator serving metro Atlanta, created to support RICE Stakeholders in overcoming the unique barriers they face in building thriving businesses. At 54,000 square feet, RICE is the largest center of its kind in the United States. Their BIG IDEAS model meets every business owner where they are on their journey, fortifying them with a community of support, increasing access and exposure, and focusing on transformational change. RICE honors the legacy and visionary leadership of one of the greatest RICE Stakeholders the city of Atlanta ever produced, the late great Herman J. Russell. The Position The CFO (Chief Financial Officer) is responsible for managing the financial operations of the organization, ensuring the organizations financial health and sustainability. This role will oversee all financial reporting, budgeting, forecasting, financial analysis, and compliance requirements. The CFO will work closely with the CEO, Board of Directors, and Finance Committee to develop and implement financial strategies that support the organizations mission and goals. Primary Responsibilities Financial Management Develop and implement financial strategies that support the organizations mission and goals. Manage and oversee all financial operations, including accounting, budgeting, forecasting, and financial analysis. Ensure the accuracy and completeness of financial records, including the general ledger, accounts payable and receivable, payroll, and other financial systems. Prepare and present financial reports to the CEO, Board of Directors, and Finance Committee providing analysis and recommendations as needed. Ensure compliance with all financial reporting and regulatory requirements, including tax filings, audits, and other reporting requirements. Manage relationships with external partners, including banks, auditors, and other financial service providers. Budgeting and Forecasting Develop and oversee the annual budgeting process, working closely with program managers and other stakeholders to develop realistic and achievable budgets. Monitor actual performance against budget and provide regular updates and analysis to the Executive Director and Board of Directors Develop and maintain financial forecasting models that support long-term financial planning and decision-making. Strategic Planning and Leadership Work closely with the CEO and senior leaders to develop and implement strategic plans and goals that support the organizations mission and vision. Be a member of the Finance Committee, collaborating with other committee members to provide strategic financial guidance and support to the organization. Provide leadership and mentorship to the finance team, fostering a culture of continuous improvement and professional development. Collaborate with other senior leaders to develop and implement strategies that support the organizations mission and goals. Board Relations and Reporting Report on the financial performance of the organization to the Board of Directors, including regular updates on-budget performance, forecasts, and financial risks and opportunities. Collaborate with the CEO and Board of Directors to develop and implement financial policies and procedures that align with the organizations values and strategic goals. Represent the organization at internal and external events and meetings, providing financial guidance and support as needed. Tax Filing and Compliance Oversee all tax filings and compliance requirements, ensuring that the organization is in compliance with all relevant laws and regulations. Manage relationships with external auditors and other financial service providers to ensure compliance with all reporting and regulatory requirements. Operations Identify, recommend, and implement new processes, technologies, and systems to improve and streamline organizational processes and use of resources and materials. Ensure that departmental decisions and project plans such as those for staffing, development, organization, material efficiency, hardware acquisitions, and facilities are in line with the organization's business plan and vision. Establish, communicate, and implement operations-related policies, practices, standards, and security measures to ensure effective and consistent support and execution. Review and approve cost-control reports, cost estimates, and staffing requirements for projects Candidate Profile Bachelors degree in accounting, finance, or related field; MBA or CPA strongly preferred. At least 10 years of progressively responsible experience in financial management, with at least 5 years in a nonprofit organization Proven track record of successful financial management, including experience developing and implementing financial strategies, managing budgets, and overseeing financial reporting and compliance. Strong leadership and management skills, with experience building and leading high-performing teams. analytical, problem-solving, and decision-making skills Strong communication and interpersonal skills, with the ability to communicate financial information to non-financial stakeholders. Passionate interest in mentoring others and working as a team. Passion for RICE's mission to support entrepreneurs and innovators in the community.

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