Chief Financial Officer

Company: Community Connections, Inc.
Location: Washington
Posted on: June 1, 2025

Job Description:

SALARY RANGE: $170,000-$240,000 depending on experiencePOSITION SUMMARYThe Chief Financial Officer (CFO) is responsible for all financial matters of Community Connections and its affiliated organizations, Community Connections Real Estate Foundation and Romark. The CFO will report to and work closely with the President & CEO. In addition, the CFO will partner with the senior leadership and the board of directors to develop and implement strategies across the organizations. The CFO will oversee all compliance and recognition for government (federal and state) contracts/grants and private grants, including fee for services. They must be able to adapt to a continually evolving environment and thrive in an autonomous and deadline-oriented workplace while managing a finance staff of seven.Finance

• Oversee cash flow planning and ensure availability of funds as needed
• Oversee cash, investment, and asset management
• Oversee financing strategies and activities, as well as banking relationships
• Develop and utilize forward-looking, predictive models and activity-based financial planning analysis to provide insight into the organization's operations and business plansPlanning, Policy, and Funder Relations
  • Coordinate the development and monitoring of budgets
  • Develop financial business plans and forecasts
  • Participate in corporate policy development as a member of the senior management team
  • Engage in finance committee of the board of directors to develop short-, medium-, and long-term financial plans and projections
  • Represent the organization to financial partners, including financial institutions, funders, foundation executives, auditors, public officials, etc.
  • Remain up to date on not-for-profit audit best practices and state and federal law regarding not-for- profit operations
  • Ensure ongoing compliance with bank covenants and loan agreements
  • Serve along with additional management team members, as a trustee of Community Connections, Inc. 403(b) Retirement PlanAccounting and Administration
    • Oversee the accounting department to ensure proper maintenance of all accounting systems and functions; supervise Community Connections and affiliates' finance staff
    • Ensure maintenance of appropriate internal controls and financial procedures
    • Ensure timeliness, accuracy, and usefulness of financial and management reporting for federal and state funders, foundations, and the board of directors; oversee the preparation and communication of monthly and annual financial statements
    • Coordinate audits and proper filing of tax returns
    • Ensure legal and regulatory compliance regarding all financial functions
    • Analyze the financial needs of the organization and assist in the implementation of strategies with the Leadership team
    • Responsible for all financial aspects of federal contracts assuring compliance with the OMB Uniform Guidance for Federal Awards - 2 CRF Part 200
    • Oversee and coordinate the 403(b)-retirement plan audit and preparation of Form 5500 and supporting schedules
    • Ensure the indirect cost rate proposals are submitted accurately and in compliance with federal requirements
    • Work closely with Talent Management to ensure ongoing integrity between Talent Management and Finance best practices
    • Manage/oversee the Organization's insurance programs, including property, liability, D&O and Workers CompensationSupervisory Responsibilities:
      • Mentor and develop an indirect and direct team of seven employees responsible for accounts payable, accounts receivable, payroll, client accounting, property management accounting, fixed assets, medical billing, financial reporting and grant administration and complianceEducation and CertificationsMBA and/or CPA requiredExperienceAt least ten years' experience as CFO or equivalent, preferably in a not-for-profit organization with a budget of at least $20 millionExperience in a senior financial-management role, partnering with executive staff, resulting in the development and implementation of creative financial management strategiesSignificant experience in or knowledge of not-for-profit accounting, including sophisticated grant accounting, fees for services, compliance and reportingExperience in a senior financial-management role, partnering with executive staff, resulting in the development of creative financial management strategiesExperience working with information technology staff to manage finance and accounting software packagesSkillsKnowledge of general accounting principles accepted in the United States (US GAAP)Deep knowledge and understanding of single audits, Uniform Guidance for Federal Awards 2 CFR Part 200, indirect costs, federal grants and contracts, fees for services/revenue cycleDemonstrated leadership ability, team management and interpersonal skillsDemonstrated strengths in organization development, strategic planning and problem solvingStrong written and oral communications skillsKnowledge of Accounting and Property Management Software (SAGE-300) and Yardi Voyager, desirable),Proficient with Microsoft Office applicationsQualificationsSkillsBehaviors:Motivations:EducationRequiredBachelor's Degree or better.ExperienceLicenses & CertificationsEqual Opportunity Employer
        This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.
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Keywords: Community Connections, Inc., Rockville , Chief Financial Officer, Accounting, Auditing , Washington, Maryland