Chief Financial Officer

Department: Finance

Employment Type: Permanent
- Full Time

Location: Downtown Boston
- Tremont Street

Compensation: $210,000 - $240,000 / year

The Chief Financial Officer (CFO) is responsible for the management of all finance, accounting, budget, payroll, treasury and related areas of ABCD. This is a hands on role within a fast-paced and complex organization comprised of multiple government and private funding sources.

• Overseeing ABCD's fiscal team to:
  • Establish and implement policies and procedures for all financial management functions, ensuring appropriate controls and compliance with generally accepted accounting practices (GAAP) and other applicable state and federal regulations.
  • Oversee the process for identifying and evaluating opportunities for improved financial operations, recordkeeping, and reporting.
  • Maintain appropriate financial procedures and internal controls for cash, banking activities, and investments to ensure adequate liquidity as well as sound investment decisions and performance.
  • Develop and maintain a comprehensive cost allocation plan and recordkeeping system, ensuring compliance with donor requests, federal and state regulations, generally accepted accounting practices, and contractual requirements.
  • Ensure all assets are maintained and accounted for, including an inventory of all fixed assets.
  • Lead the external audit process, serving as the primary interface with the independent auditors and ensuring accuracy of financial statements, including Form 990.
  • Manage and supervise the financial side of the human resource function, including payroll processing.

• Oversee the organization's budget planning process, collaborating with the fiscal staff and program leadership to develop annual income and expense projections.
• Provide comprehensive monthly reporting of financial results against budget and provide recommendations for actions necessary to maintain the fiscal health of ABCD.
• Work with departmental leadership to develop, track, and report key performance indicators and trends.
• Work with the relevant departments to support donor/grant solicitation and reporting, including monitoring contributed funds to ensure all donor restrictions are met.

• Manage, review, and mentor ABCD's fiscal staff, providing appropriate professional development opportunities.
• Set comprehensive goals for performance and growth for employees within the CFO's direct areas of responsibility.
• Build a positive team environment, ensuring that all fiscal staff act with a customer service attitude in support of all ABCD employees.

• Support ABCD's senior leaders to ensure decision making is well-informed by fiscal considerations and to provide creative, yet realistic, scenario planning and financial analysis, all with the goal of ensuring resources are optimally used to achieve ABCD's mission.
• Participate actively in the senior leadership team and strategic activities and initiatives.
• Attend board meetings and serve as a liaison to the board's Finance Committee to provide fiscal and operational insight.

• Represent the organization to external financial partners such as banks, insurance companies, and benefit companies.
• Support administration to procure adequate insurance coverage, including workers' compensation, property, and liability coverage.
• Develop and negotiate overhead rates with federal agencies.

• Ten to fifteen years of senior fiscal leadership with prior experience in a CFO role.
• Experience at a social service agency or other nonprofit at ABCD's scale and with diverse revenue streams,…