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Feeding Texas
Flexible, Texas, United States
2 days ago

Description

POSITION TITLE: CHIEF FINANCIAL OFFICER

FLSA: EXEMPT

ACCOUNTABLE TO: CHIEF EXECUTIVE OFFICER

Application Deadline: February 4, 2022; Ideal start date of March 15, 2022 

Organization Overview

Feeding Texas is a 501(c)3 nonprofit organization that supports a statewide network of food banks. Our mission is to lead a unified effort for a hunger-free Texas. We work collaboratively to ensure adequate nutritious food for our communities, improve the health and financial stability of the people we serve, and engage all stakeholders in advocating for hunger solutions.

Job Summary

The Chief Financial Officer (CFO) has primary responsibility for all aspects of Feeding Texas’s financial planning and reporting, strategic management of accounting and financial programs, and oversight of employee benefits and information technology resources. This position will provide leadership and coordination in the administrative, business planning, accounting, and budgeting efforts for the organization. Reporting to the CEO and serving as a member of the Leadership Team, this position provides leadership for all aspects of the organization's financial functions.

Essential Functions

Financial

  • Ensures the annual audit is completed in a timely manner and without findings. 
  • Manages the fiscal budgeting process and collaborates with Senior Leadership Team to prepare a budget that meets the strategic goals of Feeding Texas. 
  • Provides monthly financial statements and budget reports for program management.
  • Assists staff in understanding and using their budgets in line with organizational priorities and grant/funding requirements.
  • Serves as staff liaison for the quarterly meetings of the Finance Committee and Audit Committee.
  • Manages the Finance Department, including the supervision of two accountants.
  • Ensures financial and accounting systems are operating in accordance with accounting standards.
  • Ensures Feeding Texas is financially solvent.
  • Ensures financial systems and controls are adequate to protect the assets and reputation of the organization.
  • Oversees the financial management of the Collaborative for Fresh Produce (CFP), which provides produce sourcing and logistics services to the food banks.
  • Monitors bank activity daily for any ACH positive pay decisions.
  • Ensures all previous month purchase orders are closed in time to meet the grantor billing deadline.
  • Communicates month-end close schedule with accountants.
  • Communicates monthly credit card activity to staff and sets deadlines for staff to complete their expense reports.
  • Ensures staff complete their timesheets and expense reports in a timely and accurate manner to meet month-end close deadlines.
  • Records monthly cost allocations: (a) compensation, (b) occupancy, and (c) overhead.
  • Processes releases of restricted net assets.
  • Manages grantor contracts and reimbursement requests and maintains comprehensive files of all paperwork to support billings and other record keeping required in grants and contracts. 
  • Ensures compliance with local, state, and federal authorities.
  • Develops, maintains, and monitors all accounting systems and procedures for the recording of all revenue transactions, recommending and implementing system improvements.
  • Develops, maintains, and directs systems for purchasing and paying for goods and services using standard business practices (inclusive of approving bills set up for payment, ensuring payment of monthly benefits and cell phones).
  • Files IRS Form 1099.
  • Maintains all records, in accordance with generally accepted accounting procedures, as required or needed by the organization.
  • Reconciles general ledger asset, liability, and select revenue and expense accounts monthly.
  • Maintains fixed asset and depreciation records of the organization.
  • Follows up on overdue accounts receivable each month.
  • Improves the operational systems, processes, and policies in support of Feeding Texas’s mission.

Information Technology

  • Ensures information technology infrastructure is adequate to meet the needs of the organization. 
  • Assesses and plans for technology needs (e.g., hardware, software, network and internet, phone system, intranet).
  • Engages information technology experts to assist Feeding Texas in meeting its goals.

Risk Management

  • Oversees insurance policies.
  • Engages insurance brokerage experts to provide the right insurance coverage.
  • Resets workers compensation rates annually and works with workers comp auditor.

Human Resources

  • Processes payroll.
  • Maintains employee files.
  • Submits required tax filings.
  • Manages employee benefits plans, including the annual open enrollment for health insurance, remittance of retirement contributions, and dependent care flexible spending account.
  • Provides retirement plan auditors with required information.
  • Engages employee benefits expert to ensure the best available benefits.

Qualifications

  • Bachelor’s degree in accounting or finance from a college or university accredited by an organization recognized by the Council for Higher Education Accreditation (CHEA).
  • Current and valid CPA.
  • Ten years of progressive, full-time, wage-earning experience in financial management, non-profit accounting experience. Ideally, 5 years controller experience or experience with big-4 public accounting firm.
  • Experience in distribution industry with inventory experience (preferred).

Skills and Attributes

  • Demonstrated knowledge in financial management, government grants management, risk management, and planning and forecasting.
  • Strong analytical and organizational skills.
  • Demonstrated proficiency in various modular based accounting software. (NetSuite, Quickbooks, MIP, Sage, Great Plains, etc.).
  • Excellent written, oral, and interpersonal communication skills. 
  • Ability to work independently with minimal supervision to achieve deadlines.
  • Strong ethical character, good judgment, and discretion. Capable of handling confidential and financial information.
  • Ability to juggle multiple projects with attention to detail and accuracy and adhere to deadlines.
  • Ability to work effectively with other food bank and Feeding America's financial staff.
  • Deep commitment to organization’s mission to end hunger.

Applicants should be committed to social and racial justice, with a belief that improving outcomes for all Texans—regardless of their race, place, or class—requires intersectional solutions that correct injustices and promote equity.

COMPENSATION 

The salary for this position is $130,000. Feeding Texas offers a competitive benefits package. Feeding Texas's leadership team strives to provide non-cash benefits that encourage a work-life balance and promote physical, mental, and financial health of our employees and their families.  

LOCATION

This position is located in Texas. All Feeding Texas staff are currently working remotely. When it is safe to do so, Feeding Texas staff plans to re-open the Austin office and offer the flexibility to work in the office or from home with the expectation of occasional in-person meetings and collaborative work. The CFO will need the ability to travel in Texas. Feeding Texas’s physical office is located at 1524 S IH 35 Frontage Road, Suite 342, Austin, TX 78704. 

TRAVEL: 5-10% in the state of Texas, 5% outside the state

This search is being run by NRG Consulting Group. Contact [email protected] with any questions. 



Job Information

  • Job ID: 61082746
  • Location:
    Flexible, Texas, United States
  • Position Title: Chief Financial Officer
  • Company Name: Feeding Texas
  • Organization Type: Advocacy Group (501c3 / 501c4 / PAC)
  • Job Function: Executive
  • Salary: $129,999.00 - $130,000.00 (Yearly Salary)
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