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CHIEF FINANCIAL OFFICER - Washington DC
Company: Calibrated Search, LLC Location: Washington, DC
Posted On: 11/21/2024
About American Rivers For over 50 years, American Rivers has been a leader in protecting and restoring rivers throughout the country. With climate change, unnecessary dams, water pollution, floods, outdated policies, and lack of stakeholder awareness, our rivers are in crisis. American Rivers tackles these challenges head on. American Rivers takes a practical, inclusive approach, which starts with collaboration and delivers results that improve people's lives and nature's health. The work is based on the following pillars: - National expertise with local presence
- Solution-oriented innovation
- A comprehensive, integrated approach
- Collaboration and trust They aim by 2050 to protect one million miles of river, remove 30,000 harmful dams, ensure clean water for every community, and champion a powerful river movement. -In achieving their mission, American Rivers is guided by four core values. These core values are the foundation for the work and inform all of interactions and communications both inside and outside of the organization. The values are:
- Lead with collaboration and trust
- Infuse equity and justice
- Deliver results
- Ensure staff and volunteers thrive They envision a nation of clean, healthy rivers that sustain and connect us. The Opportunity As a national 501(c)(3) and an affiliated 501(c)(4) with offices across nine regions, American Rivers is on a significant growth trajectory. In the last three years, the budget has more than doubled, bringing the organization to a $50MM+ operating budget and 100 employees. Under the North Star of a new strategic plan and a $100MM, four-year comprehensive fundraising campaign to meet ambitious goals therein, American Rivers is actively searching for a strategic, forward-thinking Chief Financial Officer (CFO) to manage the financial and administrative functions through a significant period of growth and complexity. This leadership position presents an extraordinary opportunity to propel a 50+ year, national -nonprofit organization into its next chapter of impact. As a member of the executive team, the CFO will report to the President & Chief Executive Officer, manage a team of six (Controller, Director of Grants Management & Financial Analysis, Director of Facilities and Technology, Senior Staff Accountant, Staff Accountant, Data Analyst, part-time payroll specialist and dotted line to a California-based finance staff member), and collaborate across field offices and departments to ensure high quality, timely financial and administrative compliance and best practices. In addition, the CFO will work closely with the Board of Directors' finance committee (with subcommittees of investment and audit) and will be responsible for preparing, interpreting, and effectively communicating financial information and long-term, strategic analysis to the executive team and select Board members to facilitate sound financial decisions. Responsibilities will include, but are not limited to:
- Oversee all financial operations and activities of the organization.
- Develop and implement financial strategies, plans, and policies to ensure the organization's financial health and growth.
- Create financial models to evaluate potential new development or investment opportunities. Models include project and portfolio level performance and structured finance.
- Oversee cash & investments to appropriately balance risk, return and liquidity in alignment with American Rivers mission and values.
- Monitor and analyze financial performance, including profit and loss statements, balance sheets, and cash flow statements and projections.
- Manage the organization's financial forecasting and budgeting process while ensuring compliance with federal and state laws and financial regulations.
- Oversee grant, contract, and funding management, ensuring compliance and effective administration.
- Evaluate and enhance financial policies, procedures and systems.
- Innovate and implement financial policies and technological improvements that increase efficiency.
- Oversee regular audits to ensure the accuracy and integrity of financial records.
- Collaborate with other departments to develop and implement strategies for revenue and resource management.
- Oversee the financial-related work of the People & Culture department.
- Ensure timely and accurate payroll processing and compliance with payroll regulations.
- Stay updated on changes in accounting standards, regulations, and best practices, including nonprofit GAAP.
- Prepare and present financial reports to the executive team and Board of Directors.
- Provide strategic recommendations and counsel to the President & CEO, executive team and Board of Directors on financial matters.
- Oversee the organization's risk and compliance management framework.
- Provide consistent and empowering leadership to the Finance & Administrative team, fostering cross-departmental collaboration.
- Help guide the newly launched American Rivers Action Fund to develop and manage efficient, legally appropriate fiscal systems to help grow the organization.
- Oversee enterprise-wide administrative and technological operations, including the development and execution of IT strategy aligned with American Rivers' business objectives.
- Supervise IT management, vendor relationships and tech solutions.
- Coordinate with external accounting firms and consultants regarding annual audits and regulatory reporting.
- Infuse equity into finance and administrative policies and promote diversity, equity, inclusion, and justice within the organization. Candidate Profile While no one candidate will possess every quality outlined for this position, strong candidates will bring many of the following professional qualifications and personal attributes: Financial Acumen The CFO will have deep experience leading finance in a complex environment. They will also have the technical abilities and confidence to ensure that American Rivers' financial oversight is of the highest caliber. A strategic finance leader with the tactical ability to "deep dive" with their staff into the details with strong quantitative and analytical skills, this leader will be able to transition seamlessly between the "big picture" and minutia. They will bring a high level of intellectual horsepower with a collaborative, inventive, and service-oriented mindset. Moreover, the CFO must have proven experience in budgeting, strategic forecasting, and planning, and in overseeing the financial, accounting, compliance, and risk management of a complex and growing organization. Systems Builder and Results-Driven Management The CFO will bring deep experience in effectively leading change management efforts, with a thoughtful, intentional approach to stewarding new initiatives and implementing systems that increase efficiency across the organization. As a result, they will be skilled at quickly establishing rapport, cultivating relationships, building confidence, and strengthening trust across all levels of the organization. A strong believer in leading by example, the CFO will also have an entrepreneurial spirit, a track record of fostering successful innovation, a willingness to roll up their sleeves, and a comfort with taking calculated risks. They will also exhibit strong management skills, including the ability to foster collaboration among team members, empower managers, act as an advocate for their team, foster adaptability and build systems of accountability. Most importantly, the CFO will also bring the skills necessary to build bridges across departments. Strategic and Tactical Leadership Key to success in this role, the CFO will have a proven track record of converting strategy into effective execution by leading with curiosity. This individual will bring a deep appreciation for complex business challenges, and excitement to be part of a team focused on identifying strategic and innovative solutions. To this end, the CFO will be a catalyst for change and growth, inspiring others to think entrepreneurially and inject new ideas. Moreover, the CFO will be an intelligent self-starter and finisher who is resourceful and innovative, while maintaining a collaborative, team-oriented approach. As a financial leader who plans for the future, they will also bring a tactical approach to their work, strong data and analysis orientation, and a proven ability to use metrics to drive decisions. Values Alignment Along with other members of the executive team, the CFO will help inspire and motivate others to push the organization's vision forward. An empathic, confident leader, the CFO will treat others with respect and will understand that at times, empathy is an essential quality. The ideal candidate will have a passion for the mission and will also have an eye constantly focused on the future, including how to best adapt American Rivers to a changing environment. Most importantly, the CFO will be an individual of unquestioned integrity and ethics; someone who can be trusted and lives American Rivers' values without reservation. -Education and/or Experience
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