Chief Financial Officer

The Organization

• Identify opportunities for innovation through continuous monitoring of shifts in the marketplace and philanthropy, assessing and adapting the Foundation’s models, systems, practices, and stewardship policy for best use of the organizational resources and maximum community impact.
• Develop and refresh new or updated policies and systems to support the strategic decisions of the organization including impact funding and investment portfolio engagement.
• Enable effective decision-making and accountability by delivering clear, accurate and timely information and insights to the CEO, leadership, and staff.
• Responsible for Board reporting including developing presentations to support strategic governance engagement and reviews on corporate modernization efforts of the organization.
• Strengthen the organization’s internal capacity to operationalize strategic decisions including accounting systems and policies, assist with impact investing and diversified funding.
• In partnership with the CEO and executive leadership team, support strategic development resulting in actionable plans and operations that fulfil the organization’s mission, vision and values.

• Develop and execute the financial strategy and operational plan for both the organization and department. Establish goals, objectives, policies and procedures in alignment with the purpose plan and vision for the organization.

• Drive financial modelling and forecasting, ensuring financial sustainability for major initiatives, impact, programs and investments.
• Collaborate with the leadership team to plan and implement diversification of financial structures and practices for long-term sustainability; Seeks to understand the impact goals and creates and clears financial pathways towards such goals.
• Steward the day-to-day operations, systems enhancement, and continuous improvement of the budgeting, finance, accounting and related functions.
• Oversight of the gifts and grants administration team (impact operations) responsible for efficient processes, communications and systems planning for funding distribution to community partners.
• Establish processes to streamline funding vehicles, ensuring compliance, transparency and sustainability.
• Provide strategic thought partnership with team on evolution of policies and procedures for accounts receivable and contracts.
• Ensure effective internal controls, internal and external audits, mechanisms to detect and mitigate risk and protect the organization from asset losses and internal and external fraud.
• Ensure regulatory compliance, manage financial risks and provide effective and responsive oversight of finances, audit, and impact operations/partner funding strategies.
• Oversee accounting control systems and internal audits, the accurate and timely production of accounting and impact funding information and financial reports.
• Ensure the capacity of internal teams to meet growing demands for innovative financial strategies to support complex investments, detailed impact funding, strategic advocacy and overall purpose plan alignment.
• Oversee the relationships and communication with the audit firm and external legal counsel, keenly surveying, assessing and mitigating significant risks to the organization.

Relationships:

• 15 years of significant financial management experience in related fields including at least 10 years of deep and progressive leadership and management experience
• Strong analytical skills and expertise translating a strategic vision into an operational model that aligns with financial goals, planning and analysis
• Ability to drive decisions in a quickly evolving, dynamic environment
• Demonstrated strong financial strategy, forecasting, and scenario planning capabilities
• Superior ethics and integrity; the person will be well respected within their community, not only for technical skills, but also for credibility and high standards of professional conduct
• Deep understanding of 501(c)(3) and (c)(4) regulations, with demonstrated success in leveraging philanthropic capital
• Familiarity with impact investing, lending and fund management
• Expertise in building and managing adaptive systems to respond to changing financial landscapes
• Ability to operationalize innovative business models while ensuring alignment with organizational values
• Complex auditing experience. Skilled in preparing, reviewing, and analyzing operational and financial reports
• Entrepreneurial mindset with a collaborative approach to leadership and teaming across all levels of the organization
• Comfort navigating ambiguity and creatively solving complex financial problems
• Proven leadership skills with an ability to inspire when dealing with multiple constituencies and challenges; must be committed to a collaborative process, while exhibiting determination to drive an agenda needed to attain high performance.
• Exceptional interpersonal, written and verbal communication skills; with the confidence and maturity to articulate complex financial issues to an audience with varying levels of financial expertise
• Excellent diplomatic, meeting facilitation, negotiation, and conflict resolution skills
• Connection to mission of health equity
• Bachelor’s degree required; MBA or CPA, strongly preferred