Chief Financial Officer

Chief Financial Officer

The Foundation

The Miami Foundation is a home base for generosity and impact focused on building a Greater Miami where everyone can thrive. Since 1967, The Foundation has invested over $772M to strengthen our community in partnership with more than 1,000 fund holders and 50,000 donors. By accelerating leadership, generosity, and a sense of belonging across Miami, we inspire people to become changemakers, and we create ways for donors, nonprofits, leaders, and locals to work together on solutions for our community.

At The Miami Foundation, everyone has a role they can play in creating a thriving Greater Miami. The Foundation is committed to helping individuals, families, and corporations deepen the impact they make through philanthropy. It does so by tracking key quality of life issues, shaping Greater Miami’s vitality and educating and mobilizing donors and community leaders around this data with the aim of leveraging resources and holistically shaping a better city.

In recent years, the Foundation has also developed a policy agenda and advocacy strategy on issues central to Miami’s resilience. The Miami Foundation has several income streams:

• Fees for managing, investing, and deploying philanthropic assets on behalf of individuals, families, groups, and corporations through various philanthropic funds or strategic initiatives.

• Endowment and Reserve Fund management for major cultural and other non-profit organizations.

• Project management for programs such as the Knight Arts Challenge and the Miami Fellows, an endowed leadership program.

• Unrestricted donations primarily made from estate gifts.

The Miami Foundation is a vibrant community foundation that has a strong, well-connected and highly professional Board of Trustees. Through sound financial management, increased community awareness and strong staff performance, the Miami Foundation has doubled its assets over the last 10 years and aims to repeat that in the next 5 years. This is a unique opportunity for someone to be part of a thriving organization in a community that is growing and truly international.

Position Overview

The Chief Financial Officer (“CFO”) has executive responsibility for the Foundation’s accounting, financial management, budgeting, audit, tax, investment and general operations. The CFO supports the Foundation’s mission by providing leadership and supporting excellent service to internal and external constituents, with a focus on efficiency and excellence. The CFO is in charge of the Foundation’s relationship with investment managers and reconciliation of all investment funds and relationships managed by the Foundation.

The CFO is a strategic financial leader who serves as a key member of the Foundation’s leadership team and provides investment expertise to existing and potential donors in partnership with the Foundation’s development team. The CFO will provide financial knowledge and counsel and work closely with the President and CEO, Board of Trustees and with the Investment and Audit Committees, all with the goal of ensuring that the organization is poised for growth.

Aside from the financial aspects of the position, the CFO needs to be part of creating a changing community spirit and see him/herself as a leader in the community, identifying issues and helping people establish their legacy.

Specific

Responsibilities Include:

Financial Planning and Analysis

A CFO must be a master of financial foresight. This competency encompasses the ability to develop robust budgets, create dynamic financial models, and conduct performance analyses that inform strategic decisions. At The Miami Foundation, this means not only ensuring fiscal responsibility but also aligning financial planning with the organization’s mission and long-term goals. The CFO must anticipate financial trends, identify risks, and provide actionable insights that empower leadership to make informed choices.

Investment Oversight and Management The CFO plays a critical role in stewarding the Foundation’s investment portfolio, particularly through oversight of an Outsourced Chief Investment Officer (OCIO). This requires a sophisticated…