Remote 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