Scion Executive Search has been retained to conduct the search for Chief Financial Officer (CFO) for our client, Caritas of Austin, located in Austin, TX. Founded in 1964 with the understanding that all people deserve to have their basic needs met, Caritas of Austin has made it its mission to prevent and end homelessness for those in the Greater Austin community. Caritas (pronounced CARE – it – ahs) means love or charity in Latin, and it is with this humility, support, and commitment to their values that they serve people daily. Using proven methods with high rates of success, their innovative, personalized, and proven approach to building well-being and ending homelessness creates a more vibrant Austin for all.

POSITION SUMMARY:
Reporting to and partnering with the President and Chief Executive Officer, the Chief Financial Officer (CFO) will lead the Finance and Accounting Team. The CFO will assess the organization’s performance against both the annual budget and the long-term growth plan. They will set financial policy and direction while also being an active participant in, and driver of, the organization’s overall strategy. They will lead all financial administration, business planning, and budgeting for the organization along with any community collaborations led by Caritas as the fiscal agent. As a leader on the Executive Team and the Leadership Team, the CFO will work closely with the Chief Operations Officer, Chief Programs Officer, and Chief Development Officer. The CFO coordinates the Finance and Monitoring Committee of the Board of Directors. The person for this role must be able to adapt to a continually evolving environment and thrive in an autonomous and deadline-oriented workplace while managing direct reports. The CFO role requires working on-site.

DESCRIPTION OF DUTIES AND RESPONSIBILITIES:

Organizational Leadership & Strategy

• Serve as a resource to board leadership and staff executive leadership; providing strategic recommendations based on financial analysis and projections, cost identification and allocation, and revenue/expense analysis.
• Participate in the ongoing strategic planning process as an integral member of the executive team.
• Oversee long-term budgetary planning and cost management in alignment with the strategic plan.
• Educate leaders on developing and adhering to department budgets and holding them accountable to the budgets.
• Engage with development to align financial management with short- and long-term financial planning and projections.
• Engage the board finance and monitoring committee in planning for the ongoing and future financial stability of the organization.

Financial Management and Compliance

• Ensure that finance staff maintains financial record systems in accordance with Generally Accepted Accounting Principles, regulatory requirements, and Office of Management and Budget audit requirements and monitor the use of all funds.
• Direct and coordinate the development, implementation, and monitoring of budgets.
• Regularly report key performance indicators to staff, board, and collaborative leaders.
• Ensure that Caritas financial systems and controls are adequate to protect the assets and reputation of the agency.
• Implement and provide continued oversight for financial compliance with all funders. Regularly review and update process and practice to ensure ongoing compliance.
• Oversee the preparation and approval of all financial reporting materials and metrics for funding organizations and the Board of Directors.
• Prepare and present monthly, quarterly and year-end financial statements.
• Develop, recommend, and maintain financial policies in conjunction with the Board Finance and Monitoring Committee.
• Manage cash flow and forecasting.
• Direct all financial, project-based, and departmental accounting tasks.
• Coordinate all audit and tax preparation activities.
• Evaluate and oversee all benefits negotiations to provide the most competitive packages for employees, with the Chief Operations Officer.
• Review all formal finance procedures, processes, and administration, recommending improvements to the systems in place and managing the systems going forward.
• Manage banking relationships and initiate appropriate strategies to enhance cash positions.
• Ensure that the agency’s investment policy is followed while obtaining the highest possible return on investments.
• Assist the Chief Operating Officer in properly ensuring the organization’s assets (i.e. general liability, D&O, etc.) meet regulatory requirements while also safeguarding the organization’s people and property.

Team Management

• Provide direct oversight of the Controller, leading them to develop and manage direct staff in the finance and accounting functions.
• As needed, guide larger multidisciplinary teams outside of direct span of control.
• Engage other members of the executive team to facilitate cross-department collaboration that ensures all finance and accounting functions are effectively supporting Caritas of Austin’s immediate and evolving strategies.
• Offer support for attracting, developing, and retaining employees.

MINIMUM REQUIREMENTS & SKILLS:

• Bachelor’s Degree in accounting and/or finance required along with a strong preference for a CPA and/or CMA from an accredited educational institution.
• Master of Business Administration (MBA) preferred.
• Minimum of eight (8) years of experience in senior financial management and leadership role in a nonprofit organization(s) strongly preferred.
• Experience managing a budget of at least $5 million.
• Demonstrated excellence in managing finance, accounting, budgeting, internal controls, and reporting.
• Strong analytical skills.
• Strong leadership skills with a willingness to “roll up their sleeves” to get the work completed.
• Experience with compliance and financial management of federal, state, and local government grants.
• Experience with grants from City of Austin, HUD, and/or the VA is a plus.
• Effective communication skills; confidently and clearly conveying information and the rationale for decisions.
• Ability to professionally communicate and relate well with all levels of personnel.
• Detects problems and is a visionary for developing workable alternatives.
• Astute in conflict resolution, leadership, and establishing relationships with all stakeholders and constituents.
• High ethical standards, emotional intelligence, client-centered orientation, trauma-informed.
• A hands-on, approachable leader with integrity and a desire to work in a dynamic, mission-driven environment.
• Abila MIP Fund Accounting experience preferred or experience with other larger ERP systems (i.e. NetSuite, Financial Edge NXT, or Sage Intacct).
• Advanced computer skills are required, including proficiency in MS Office.
• Advanced Excel skills are required.

WORKING CONDITIONS:
Caritas of Austin is an exciting and inspiring workplace where there’s never a dull moment.

SALARY AND BENEFITS:
The salary range is $130-150k annualized based on experience and is a full-time, exempt position. Our client also offers a comprehensive, employer-paid benefits package. Other benefit perks include: 13 paid holidays, 4 weeks of PTO to start, 401k matching, discounted gym and legal service memberships, a monthly phone stipend, mileage reimbursement, and paid parking for days spent in the downtown Austin office.

HOW TO APPLY:

Scion Executive Search has been retained to lead this search. For immediate consideration please send your resume/curriculum vitae and cover letter in Word.docx or PDF format to: www.scionstaffing.com/job/8639 
 

ABOUT OUR FIRM:
Scion Executive Search is a retained executive search firm connecting executive nonprofit leadership to nonprofit organizations and educational institutions across the country. Cultivated in the nonprofit sector, we provide expert search strategies and leadership for your organization. Our executive candidates are true agents for change, and we are experts at matching their talents, motivations, and passions to your organization’s mission. Scion Executive Search has led hundreds of successful executive searches.

Scion Staffing and Scion Executive Search are listed in Forbes 2021 America's Best Professional Recruiting Firms list and Forbes 2021 America's Best Executive Recruiting Firms list. Scion Staffing is honored to be on the 2021 Inc. 5000 Fastest-Growing Private Companies in America. Additionally, we have been recognized as a recruitment leader by ClearlyRated, as well as a top recruitment firm by The Business Times for over ten years running. More information about Scion Executive Search can be found online.  

Scion Executive Search is an Equal Opportunity Employer and does not discriminate based on race, age, religion, gender, gender identity, national origin, citizenship status, sexual orientation, disability, political affiliation, or belief. We are committed to the principles of Equal Opportunity Employment and are dedicated to making employment decisions based on merit and value, for ourselves, our client companies, and for the candidates we represent.