Chief Financial Officer
Job Description
Would you like a job where you absolutely know at the end of the day that you made a difference? Roadrunner Food Bank is seeing unprecedented demand not only from people living with food insecurity every day, but also from families that are newly in need. You can be part of the solution by helping us continue to provide food and hope to hundreds of thousands of New Mexicans experiencing hunger.
We are seeking a Chief Financial Officer. This highly visible senior leadership role establishes, directs, and oversees the financial activities of Roadrunner Food Bank. The Chief Financial Officer (CFO) develops and monitors financial policies, procedures, controls, and reporting systems to ensure legal and regulatory compliance and the protection of financial assets. The CFO also directs the preparation of financial reports and summaries, creates forecasts, and provides financial analysis. As a member of the senior leadership team, the CFO reports directly to the President/CEO and regularly collaborates with other members of the senior leadership team, as well as employees, the board of directors, financial committees, and external partners.
Financial Monitoring and Analysis
- Performs and/or oversees strategic, broad-impact financial analysis and reporting
- Conducts financial management analysis of complex, interrelated processes such as budgetary, financial, procurement, and fixed asset management functions
- Establishes and monitors system for measuring progress toward the annual operating and capital budgets
- Gathers and analyzes information to make financial recommendations regarding special projects
- Monitors and evaluates accounts receivable, pledges receivable, accounts payable, and payroll
- Monitors inventory processes and tracking to ensure consistency with financial accounting records and funding streams
- Monitors board-designated reserves and makes recommendations for use or designation
- Regularly evaluates cash position and makes recommendations for managing and improving cash flow on both a short and long-term basis
- Monitors and evaluates investments and makes recommendations in conjunction with the investment advisory committee
- Provides analysis and recommendations regarding equipment financing and other major purchasing decisions
- Performs or directs the completion of credit applications and other financing documents
- Ensures appropriate staffing of the Finance Committee and the Investment Advisory Committee
Financial Reporting
- Collects, interprets, and reports key financial data to the President/CEO, Board of Directors, Finance Committee, Investment Advisory Committee, and other stakeholders
- Ensures an effective process for tracking grant activity that integrates with the accounting system, departments charged with executing the grants, and reporting requirements
- Provides financial data and reports as required
- Supports the Treasurer in reporting financial information to the Board of Directors
Liability and Compliance
- Oversees all financial transactions including deposits and disbursements
- Ensures compliance with GAAP and audit regulations, implementing new standards when required
- Monitors and enforces internal financial control systems
- Arranges and directs the preparation of the annual independent audit
- Ensures financial compliance and reporting with federal, state, and local legal requirements, including Single Audit
- Ensures financial compliance with all grants and contracts
- Oversees and ensures General Liability and other packaged coverages are in place to create a thorough plan of protection for property, equipment, employees, workers compensation, and overall operations
- Oversees purchasing function, ensuring compliance with policies and conformance with Uniform Guidance
- Oversees allocation of costs to key programs that supports the internal review of financial performance, creation of the Statement of Functional Expense, and completion of 990 schedules
- Coordinates across departments to ensure financial compliance and appropriate integrated processes
Strategy and Planning
- Directs the annual budget and capital budget creation process and presents the budget to the Board of Directors for approval
- Participates with senior leadership and the Board of Directors in setting and implementing the strategic direction for the organization
- Creates, monitors, and updates financial policies and guidelines
- Ensures that succession planning and emergency backup plans are in place for mission-critical financial functions
- Monitors the Feeding America network and similar resources to identify financial trends, best practices, and opportunities
Employee Management, Culture, and Safety
- Hires, trains, and develops Finance management team and employees, ensuring all positions are well-trained and accountable for achieving performance objectives and deadlines
- Ensures that the Finance department fully supports and adheres to food bank Core Values
- Promotes leadership and development of team management skills and sharing of best practices
- Assesses employee performance and provides regular coaching to ensure results
- Encourages department participation and engagement in interdepartmental projects and activities
- Actively contributes to the development of a phenomenal organization culture and community
- Ensures Finance employees are trained on routine safety and risk management procedures
- Responds or assists as needed in emergency situations on-site or at organization events
Supervisory Responsibilities
This position supervises the Senior Accounting Manager and Finance Manager and oversees department staff. May supervise volunteers or temporary staff working in the Finance Department.
Qualifications
- CPA with a bachelor’s degree in accounting, finance, or a related field
- Ten years of progressively responsible experience managing the accounting function in a comparably sized organization, including creating, managing, and directing an annual budget
- Experience in non-profit financial management, including sound knowledge of the principles, practices, and methods of non-profit accounting and auditing
- Seven years of employee management experience
- Federal grant and special revenue experience
- Expertise with general ledger accounting software
- Experience/familiarity with Uniform Guidance
- Knowledge of database principles and computerized accounting applications
- Skilled at ensuring effective internal controls are in place and that the organization complies with GAAP (Generally Accepted Accounting Principles) and applicable federal, state, and local laws and regulations
- Exceptional interpersonal communication, presentation, mentorship, and leadership skills
- Professionalism, maturity, and an understanding of how to handle sensitive and confidential information
- Strong work ethic coupled with an enthusiastic and passionate approach to work
- Respectful; multicultural sensitivity; promotes inclusion and diversity
- Ability to create and maintain effective internal and external business relationships
- Ability to evaluate and advise on the impact of long-range planning for new programs and strategies
- Strong financial acumen and analytical ability
- Able to express complex financial matters in a simple way with meaningful insight
- Impeccable judgment and problem resolution expertise
- Detail oriented with exceptionally strong organization and planning aptitude
- Excellent computer skills including Microsoft Office suite including Word, Outlook, Office 365, Teams, and PowerPoint
Preferred Qualifications
- Experience with food bank operations through employment or volunteering
Employment Requirements
- Successful Background Clearance
Physical Environment
- Primarily an office environment
- Occasional exposure to extreme temperatures through trips to the warehouse or assignments located outside
- Extensive computer operation with repeated finger motions
- Filing and minimal lifting (5 to 15 pounds)
- Must be able to move around the office and get to equipment and filing cabinets
- Noise level is usually moderate
Cover letter and resume are required. Currently interviewing - please apply as soon as possible.
Roadrunner Food Bank is an equal opportunity employer