CFO

Client: Non Profit Development Organization Role: Chief Financial Officer Salary: $275,000 - $300,000/annually + BonusLocation: New Brunswick, New Jersey (*5 days a week onsite*)Role Overview As a key member of the executive leadership team, you will partner directly with the President to drive the organization's strategic vision and financial sustainability. You will oversee all aspects of financial management, from high-level capitalization strategies and board relations to the rigorous oversight of accounting operations, regulatory compliance, and risk mitigation.Core ResponsibilitiesExecutive Strategy & LeadershipStrategic Planning: Collaborate with the President and executive team to develop, implement, and assess the organization's long-term strategic plan.Organizational Growth: Identify and execute tactics to facilitate organizational success and ensure objectives are met.Board & Committee Relations: Lead the Audit and Finance Committees; present comprehensive financial statements and performance analysis to the Board of Trustees.Financial Operations & AccountingFull-Cycle Accounting: Direct all monthly accounting functions, ensuring the timely delivery of financial statements for the parent company, subsidiaries, and managed entities.Operational Excellence: Oversee banking, accounts payable, and cash receipts; ensure efficient transaction processing interfaces across all lines of business.Audit Management: Lead the annual audit process and Uniform Guidance audits. Act as the primary liaison for external auditors to ensure accurate and timely financial reporting.Capitalization & Cash ManagementCapital Strategy: Determine investment and operating capital needs; establish and implement strategies to raise necessary capital.Grants & Investment Management: Maintain critical information for grant applications and meet all periodic reporting requirements for investors.Liquidity Oversight: Monitor cash flow and available resources to fund ongoing operations and investing activities while ensuring compliance with internal investment policies.Budgeting & Risk MitigationAnnual Budgeting: Lead the organizational budget process to develop annual operating and capital plans that align with strategic goals.Risk Management: Develop and maintain financial operating policies; participate in Risk Rating and Credit Committee meetings.Asset Monitoring: Track the impact of non-performing assets, write-downs, and charge-offs, ensuring adequate reserves are in place to mitigate potential impact.Regulatory Compliance & ReportingInvestor Relations: Monitor compliance with financial covenants and direct the preparation of reports required by grantors and investors.Tax & Regulatory Oversight: Ensure strict adherence to tax regulations, NMTC (New Markets Tax Credit) investment reporting, and evolving financial updates.Team Development & SupervisionMentorship: Manage and mentor direct reports, providing consistent feedback through both informal check-ins and formal performance reviews.Professional Growth: Assist staff in establishing professional development plans to foster internal growth and organizational capability.Key CompetenciesStrategic Vision: Ability to link financial performance to long-term organizational goals.Technical Expertise: Strong background in GAAP, Uniform Guidance, and complex capitalization structures (e.g., NMTC).Communication: Exceptional ability to present complex financial data to non-financial stakeholders and Board members.Integrity: High standard of ethics in managing compliance, audits, and regulatory reporting.Equal Opportunity NoticeHighspring LLC (d/b/a Vaco by Highspring) and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") are committed to the full inclusion of all qualified individuals and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by applicable law. The company is also committed to ensuring that persons who need them are provided with reasonable accommodations; if an accommodation is needed to participate in the job application or interview process, please contact HR@vaco.com .Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.Representation NoticeBy submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. Additionally, you agree to be included in our talent pool for future hiring for similarly qualified positions. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. Lastly, you agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.For residents of Ontario, Canada only: to the extent the position for employment is not with Highspring or not otherwise noted as vacant above, candidate should be informed that this role is to replace a presently employed person at Vaco by Highspring's client.Privacy NoticeVaco by Highspring respects your privacy and are committed to providing transparent notice of our policies.California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.Virginia residents may access our state specific policies here.Residents of all other states may access our policies here.Canadian residents may access our policies in English here and in French here.Residents of countries governed by GDPR and UK GDPR may access our policies here.Additionally, submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. More details about Vaco by Highspring's use of AI can be found here (https://www.highspring.com/ai-use-notices/). Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco by Highspring does not know and cannot opine on if its client's use of AI products in hiring.Pay Transparency NoticeDetermining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:· the individual's skill sets, experience and training;· licensure and certification requirements;· office location and other geographic considerations; and· other business and organizational needs.With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses and/or participation in medical, dental, and vision benefits as well as the company's retirement plan (or similar retirement benefits).