We are excited to announce that we are hiring for a Chief Financial Officer. Please refer to the job listing below:
Position Title: Chief Financial Officer
Position Type: Part-time – .50 FTE
Reports to: President & CEO
Direct reports: Contract bookkeeper
Application deadline: August 9, with candidate interviews starting that week.
Washington Women’s Foundation (WaWF) is a strong and inclusive collective of informed women who together influence community transformation. Since the Foundation’s beginning in 1995, its members have invested more than $20 million in the community through collective and individual grant making.
Commitment to Diversity: WaWF is an equal opportunity employer committed to developing a diverse staff, board, and membership. We strongly encourage applications from individuals who identify as Black, Indigenous, People of Color (BIPOC), immigrants, women, people with disabilities, members of the LGBTQ+ community, and individuals with diverse cultural backgrounds and language abilities. WaWF is committed to providing a work environment free from discrimination and harassment and does not discriminate on the basis of class, race, color, sex, marital status, sexual orientation, gender identity, veteran status, political ideology, age, creed, religion, ancestry, national origin, or the presence of any sensory, mental, or physical disability. Excepting any undue hardship, WaWF will provide reasonable accommodations upon request for candidates taking part in all aspects of the selection process.
Position Purpose: Build and maintain the financial infrastructure and systems necessary to support WaWF growth and to align the Foundation’s management with best practices for public foundations.
- Financial Management
- Budget: Prepare annual operating budget with President & CEO. Prepare annual grant budgets. Track and analyze actual performance to budget.
- Financial Reporting: Work with contract bookkeeper to assure timely and accurate production of monthly and annual financial reports, including reviewing all bank reconciliations, payroll documentation and preparing all monthly financial reports. Present regular analysis of actual performance to budget to President & CEO, Finance Committee, and Board of Directors.
- Financial Systems and Controls: Design and manage systems, policies and processes that provide for accurate, transparent, and timely financial reporting. Update and document financial controls. Provide training to staff and bookkeeper to ensure that financial controls are understood and utilized. Annually review and update all policies and procedures related to finance, accounting, investment, and cash management. Keep current on best practices in financial management for public foundations and nonprofits.
- Cash Management: Analyze cash flows, transfer funds as needed for operations and grant programs; recommend short term investments as needed.
- Annual Audit: Manage annual internal audit by two Finance Committee members in January, prior to regular audit. Oversee annual audit: prepare all requested workpapers for auditors, ensure that financial records are accurate and in compliance with GAAP and that audit is timely and efficient. Maintain regular communication with auditors throughout the year on accounting issues, as needed. Manage audit firm selection process, as needed.
- Taxes: Work with the bookkeeper to ensure timely compliance with all local, state, and federal tax laws. Prepare information for IRS Form 990 completed by outside CPA firm. Manage review of IRS Form 990 by Finance Committee and Board prior to filing.
- Serve as a thought partner and organizational strategist for the President and CEO, offering insights and guidance on operations and business considerations that impact financial performance.
- Cultivate and lead a culture of respect and collaboration within the Foundation team. Ensure timely, thorough, and effective problem solving for issues that arise.
- Board of Directors & Committees: Act as staff support for Finance Committee; coordinate with President & CEO and Finance Committee Chair/Board Treasurer to determine priorities for Committee; prepare and distribute meeting materials; attend all Finance Committee meetings; present financial reports; take minutes; manage work assignments, as needed. Prepare financial reports for Board meetings, attend Board meetings, and support Treasurer/Finance Committee Chair.
- Presentations: Develop spreadsheets, charts, graphs, and other presentations to assist in the communication of financial activities to staff, board, and the membership.
- Financial Service Providers: Manage relationships with banks and Vanguard Institutional Advisory Services (VIAS) to ensure that services are provided as per agreement and consistent with investment policies of the Foundation.
- Personnel: Work with staff to ensure that new employee personnel files are complete. Oversee benefits for small team: health, vision, dental, ORCA passes and matching program to assure compliance with laws and regulations. Manage Vanguard SEP-IRA retirement program. Work with President & CEO to periodically review and update Personnel Manual.
- Risk Management: Monitor and evaluate business-specific risks. Manage all corporate insurance policies and relationships.
The above is a summary of the primary duties and responsibilities of this position. The employee may be requested to perform job-related tasks other than those stated in the job description.
QUALIFICATIONS AND SKILLS
While no one candidate will embody all the qualifications listed below, the ideal candidate will have many of the following professional and personal abilities, attributes, and experiences:
- Five to seven years’ experience in nonprofit finance or accounting.
- Excellent knowledge of nonprofit accounting, operations, controls, and best practices.
- Experience with investment accounting and management.
- Deep understanding of and commitment to the mission, model, and work of Washington Women’s Foundation.
- Strong interpersonal and relationship-building skills with the capacity to work effectively with a wide range of personalities and working styles.
- Excellent organization, writing and verbal communication skills, including strong ability to explain financial concepts to staff and board members.
- Willingness to work flexible schedule.
SALARY RANGE AND BENEFITS – PRORATED TO .50 FTE
Salary: $85,000 – $105,000 ($42,500 – $52,500 at .50 FTE)
Benefits: Three weeks paid vacation with increase to 4 weeks at year 6 and 5 weeks at year 11; 11 paid holidays, including 2 personal holidays; Health, Dental and Vision Insurance, Kaiser Gold plan, $600 deductible; 10 paid sick leave days per year, accrued; Retirement Plan (SEP-IRA) with employer contribution of 3% of annual salary; Match gifts up to $500 annually for charitable contributions; Hybrid in-person/work-from-home office; Metro bus pass provided.
To apply, send a cover letter and resume to email@example.com with your full name and the title of the position (Last Name, First Name: CFO) in the subject line of the e-mail.
Click here to see a PDF version of this position description.