Chief Financial Officer

Summary

Join Nonprofit Finance Fund as Chief Financial Officer to oversee NFF’s financial strategy, accounting and tax functions, financial planning and analysis, treasury, and capital raising. As a member of the executive team, you will co-create a shared vision for NFF’s mission delivery and operational health.

Requirements

• Minimum of fifteen years of professional work experience with progressive financial leadership, preferably in the CDFI or financial services industries or in a large, complex nonprofit
• One or more of MBA, Masters in Accounting, CPA, or CMA
• Deep expertise in financial strategy, planning, analytics, treasury, GAAP accounting, controls, compliance, and capital raising
• Experience leading strategy, setting objectives, taking calculated risks, and meeting organizational goals
• Managed a diverse set of revenue sources, including restricted grants, Federal funding, and fee-for-service
• Experience coaching and developing leaders
• Systems thinker with experience improving upon financial systems to drive efficient processes
• Exceptional communication skills and ability to explain financial data and concepts to all stakeholders in an accessible manner
• Strong relationship-building approach with the ability to center the needs of both internal and external stakeholders
• Thought and industry leader, able to represent NFF’s work and vision externally
• Maintain a high level of integrity and handle sensitive information in a confidential manner
• Embody NFF’s mission, core values, and commitment to equity

Responsibilities

• Serve on the executive team, creating a shared vision for NFF’s mission delivery and operational health
• Advise the executive team on financial implications and risks of business decisions
• Set a financial vision, financial strategies & operations, and financial policies that support NFF’s long-term financial health and risk management
• Hire, develop, and oversee finance staff, maintaining a culture of high performance and ethical behavior
• Represent NFF externally by sharing how NFF builds equitable prosperity through capital, consulting, and advocacy; partnering with funders, investors, and peers to advance NFF’s goals; and contributing to overall field-building by sharing NFF’s work and learnings
• Communicate NFF’s financial position and performance to all stakeholders (Board of Directors, leadership, staff, external parties), offering analysis and insights to inform understanding and decision-making
• Support development of organizational strategy through financial analysis of new and existing business models
• Oversee multi-year financial planning, the annual budgeting process, budget performance, forecasting, and scenario-planning
• Oversee capitalization strategy and management of an increasingly diverse capital stack which supports a balanced approach to meeting client needs, mitigating risk, and maximizing NFF’s earning potential
• Maintain strategies and policies regarding cash management, liquidity, and capitalization—promoting a high standard of care for funds and prudent risk management
• Raise lending capital to meet NFF’s portfolio growth goals
• Maintain relationships with banking and investor partners
• Provide executive leadership on NFF’s asset-liability committee (ALCO), giving insight into how NFF manages risks related to liquidity, asset-liability matching, portfolio losses, and interest rate margin
• Establish investment policies and work with investment advisors as needed
• Oversee all accounting and financial reporting processes, ensuring strong internal controls across the enterprise
• Oversee annual audit and tax for NFF and related entities (including programmatic LLCs and New Market Tax Credit entities)
• Set vision and strategy for the Finance Team
• Develop and support a diverse team of finance professionals

Benefits

• Up to 18 paid holidays
• 3 floating holidays
• Unlimited vacation time off
• Health insurance with NFF funded health reimbursement account on medical plan
• Employer contributions toward retirement plan
• Flexibility to work remotely and access to a “work from home” fund
• Flexible spending accounts including medical, commuter, and childcare benefits