Chief Financial Officer

Vermont Foodbank is partnering with Dragonfly Central to find a Chief Financial Officer (CFO) to guide the financial operations of this valuable nonprofit. This is an exciting opportunity for an accomplished leader to partner with the CEO in all financial aspects of the organization. This position requires a candidate who possesses critical thinking and relationship building skills, and balances big-picture vision with detail.

Vermont Foodbank opened its doors in 1986. Our mission is to gather and share quality food and nurture partnerships so that no one in Vermont will go hungry. Our vision is that everyone in Vermont has equitable access to enough nourishing food to thrive. There are hundreds of thousands of our Vermont neighbors including children, seniors and working families, who are unable to put enough food on the table.

Visits to their local food shelves can help with this shortfall, and that’s where the Foodbank comes in. The food we share is donated or purchased, from sources including local Vermont farms and food producers, nationwide food producers, federal food sources, grocery stores, and small food retailers. Vermont Foodbank is the state’s largest hunger-relief organization and only food bank, providing nourishing food by partnering with 300 network and community partners: food shelves, meal sites, senior centers, after-school programs, schools, and hospitals.

Vermont Foodbank, a member of Feeding America, provides more than 14 million pounds of food annually to people throughout Vermont. Vermont Foodbank employs 75 people and has a volunteer network of close to 900 people. The current budget is about $38M, which includes food and financial donations, grants and other income. For more information about Vermont Foodbank, see vtfoodbank.org.

Reporting to the CEO, the CFO provides strategic and daily financial leadership to the organization, ensuring program quality and financial integrity for this complex organization through appropriate management, planning, contracting, accounting and financial reporting, audit, and control/compliance functions. The CFO is a member of Vermont Foodbank’s executive leadership team, which includes the Chief Executive Officer, Chief of Staff, Chief Operations Officer, Chief Equity People and Culture Officer, Chief Community Impact officer and Chief Philanthropy Officer.

The CFO will oversee a team of 3 finance professionals, which includes a Senior Manager Staff Accountant, Finance Coordinator, and a Finance Specialist. The CFO plays a role in the future growth and development of the organization by providing input on a broad range of strategic, operational, and financial issues. The CFO is responsible for the financial well-being of the organization by overseeing accounting functions;

safeguarding the assets of the organization; and ensuring compliance with Federal, State, and local laws, regulations, and contractual requirements. The CFO is also responsible for risk management, investments management, cash flow, general ledger entry, account analysis, inventory accounting, preparation of financial statements and reports, the year-end audit with an eye to continuously developing and improving systems. The CFO shall consistently communicate accurate financial information to the CEO.

This position is responsible for ensuring that the Foodbank carries out its financial obligations in an ethical manner.

• Work with executive leaders to achieve budgetary goals through program cost analysis, and develop, implement, and maintain all internal controls.
• Generate monthly financial reports for executive leaders, finance committee, and board meetings.
• Oversee all aspects of the organization’s financial management including accounting functions, cash flow management, accounts payable/accounts receivable, banking practices, financial reporting, inventory purchases, financial transactions, account monitoring, reconciliation, and investment monitoring in partnership with professional investment advisors.
• Create and implement the annual budget planning and cost management process in alignment with the strategic…