Chief Financial Officer, Gulfport • General Information o Job Title: Chief Financial Officer o Employee Type: Exempt o Job Category: Executive, Management, Executive o Industry: Non-Profit, Retail o Minimum Experience: 5 Years o Required Degree: 4 Year Degree o Travel: 10% o Manage Others: Yes • Job Description Reports To: Chief Executive Officer Beyond being part of an organization that offers free job training and education to the community, you'll find working for us has its benefits for you too! We offer a comprehensive health plan (medical, dental and prescriptions), dental and life insurance, available supplemental life, accident, illness and disability coverage, 403(b) Retirement Savings program, paid vacation and sick time, employee discounts. We seek to play a pivotal role in building and harnessing the community’s collective energy, determination, commitment and resources to make South Mississippi a healthy and thriving community for all its residents to live, learn, work and raise a family. Through the goodwill of others, we create the pathway to a better future for all by helping those who desire self-sufficiency. Our core values are Passion, Respect, Integrity, Dedication, and Excellence (PRIDE). Position Overview The Chief Financial Officer (CFO) will report to the President and CEO (Chief Executive Officer) and will provide strategic, tactical and operational leadership in the following core areas: Controllership - These make up the backward-looking parts of the CFO's job. Controllership holds the CFO responsible for presenting and reporting accurate and timely historical financial information. Every stakeholder in the organization relies on the accuracy and timeliness of this information. It is imperative that the information reported by the CFO is both accurate and timely, as many time-sensitive and critical decisions are based on it. Treasury – The CFO is responsible for the organization's present financial condition, so he or she must decide how to invest the organization's money, taking into consideration risk and liquidity. In addition, the CFO oversees the capital structure of the organization, determining the best mix of debt, equity and internal financing. Addressing the issues surrounding capital structure is one of the most important duties of the CFO. Economic Strategy and Forecasting - Not only is the CFO responsible for the company's past and present financial situation, they’re also an integral part of a company's financial future. The CFO must be able to identify and report what areas of the organization are most efficient and how the company can capitalize on this information. This aspect of the CFO's duties also includes economic forecasting and modeling - in other words, trying to predict (given multiple scenarios) the best way to ensure the organization's success in the future. The CFO will also have operational responsibility for the following functions of the organization: Finance, Payroll, Information Systems, Risk Management, Retirement Plan Administration (403(b) and 457(b)), Insurance, Loss Prevention and Safety. The CFO will be both a transformational and servant leader who genuinely cares about staff, volunteers and all people in our community and will be expected to:
- Build a Culture of PRIDE. Maintains high standards of Passion, Respect, Integrity, Determination, & Excellence. - Deliver Results. Builds a high-performance environment focused on achieving or exceeding goals. - Develop & Manage People Effectively. Establishes a team in which people are motivated to excel. - Focus on the Customer. Committed to continuously improve service to customers / clients. - Understand the Business. Leverages knowledge of the business, vision & mission to achieve results. - Model Personal Leadership. Is a role model; Leads by example. • Requirements Minimum Qualifications (Education, Experience, Skills): Must possess required knowledge, skills, abilities and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed. o Minimum of five years of experience in a senior financial role, preferably a CFO role, partnering with executive staff. o Bachelor’s Degree in Accounting, Finance, or Business Administration (required). CPA and/or MBA (strongly preferred). o Knowledge of accounting and financial practices, including Generally Accepted Accounting Principles (GAAP) and Generally Accepted Auditing Standards (GAAS). o Minimum of five years of planning and analysis experience in building financial models. o Demonstrated ability to recognize, assess and resolve financial issues. o Ability to create, implement and execute financial plans. o Possess strong ethical standards, honesty, and integrity. o Proven ability to develop staff through effective communication. o Demonstrated ability to manage complex financial issues. o Exceptional relationship building skills across all stakeholders. o Adaptable and able to manage multiple priorities, while remaining calm in high-stress situations. o Exemplary oral and written communication skills. o Proficient in statistical analysis and evaluation. o Ability to formulate effective policies and procedures. o Ability to maintain complete confidentiality. • Summary Essential Duties and Responsibilities: o Directs the development of a comprehensive annual operating and capital budget for all departments facilitating the review and approval by the Finance Committee and the Board. o Manages the financial resources, through effective planning, forecasting and analysis, in order to maintain annual compliance with bond covenants. o Serves as primary liaison for the Finance Committee of the Board of Directors. o Establishes and enforces corporate financial and accounting systems and controls. o Prepares monthly, quarterly and annual financial, accounting and operating reports to meet the varying needs of the organization and provides additional statistical or analytical data as requested. o Prepares the financial information necessary to support the development of the Strategic Plan. o Supervises the Finance Department, to ensure timely and accurate execution of all departmental operations with appropriate separation of accountabilities. o Assesses the organizations insurance needs and secures and maintains all insurance and other risk management coverages, to ensure optimum protection at lowest premium costs. o Develops and implements all treasury policies and practices including functions such as cash management, credit issuance and accounts payables/receivables management.
o Manages financial institution relationships, including investing, borrowing, debt management and debt compliance reporting. o Manages the preparation for the annual audits and supports the designated auditing firm in its efforts to conduct the audits and produce management reports. o Analyzes the general economic, business and financial conditions to determine and/or anticipate their impact on the organization’s financial performance, policies and operations. o Manages the departments’ purchasing activities to ensure competitiveness of vendors and accuracy of inventory. o Evaluates, implements and maintains vendor supplied financial or accounting packages. o Promotes within the Finance department effective workflow, high morale, active communication, and strong staff development. o Evaluates, in conjunction with the Chief Operating Officer, employee benefits package and policy manual annually and make appropriate recommendations to the President. o Manages all tax and not-for-profit tax reporting requirements including reports to the IRS and any other local, state or federal agencies o Serve as Plan Administrator for the company’s retirement plans and perform all duties required of that position. o Lead the company’s Safety and Loss Prevention Programs. o Design, develop and implement information systems planning to ensure users’ needs are met and data is processed according to company specifications and requirements. o Define user information requirements by conferring with users and analyzing functions. o Recommend and develop computer-based business solutions. o Evaluate effectiveness of programs and offers solutions to enhance effectiveness. o Responsible for the development, maintenance and testing of the disaster recovery plan o Research and make recommendations on hardware and software purchases; to include negotiating with vendors on behalf of the company to ensure cost-effective purchasing decisions. o Improve existing software programs and develops new applications to meet future business needs. o Keep up-to-date on information and technology affecting functional areas to increase innovation and ensure compliance. o Performs other duties as assigned by the President and CEO.