CFO Job at The HR Source, New Carrollton, MD

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  • The HR Source
  • New Carrollton, MD

Job Description

– Family Services Foundation

Key Res

Budgeting & Grant Compliance

· Oversee the development and management of the annual budget, ensuring alignment with programmatic and operational needs.

· Ensure compliance with state and federal grant requirements, including accurate financial reporting and audits.

· Provide financial reports and analysis to grantors, funders, and government agencies as required.

Financial Reporting & Internal Controls

· Prepare and present financial statements, reports, and key performance metrics to leadership and the Board.

· Maintain strong internal controls and financial policies to safeguard the organization’s assets.

· Ensure compliance with Generally Accepted Accounting Principles (GAAP) and nonprofit financial regulations.

· Manage cash flow to ensure financial stability and operational efficiency.

Audit & Compliance

· Oversee annual financial audits and coordinate with external auditors to ensure timely and accurate reporting.

· Ensure compliance with all regulatory requirements, including IRS filings (Form 990), state grant reporting, and other financial disclosures.

· Identify and mitigate financial risks, ensuring the organization meets all legal and ethical standards.

Operational & Leadership Support

· Supervise and mentor one direct report, ensuring the finance function operates effectively.

· Serve as a key financial advisor to the CEO on financial sustainability and resource allocation

ponsibilities

Financial Strategy & Oversight

• Serve as the organization’s financial strategist, working with the CEO to d evelop and implement financial

strategies aligned with FSF’s mission and long - term growth goals.

• Assess financial risks and opportunities, making recommendations to improve financial sustainability.

• Lead financial forecasting, budgeting, and financial planning processes to ensure the organization can meet

short and long - term financial obligations.

Budgeting & Grant Compliance

• Oversee the development and management of the annual budget, ensuring alignment with programmatic and

operational needs.

• Ensure compliance with state and federal grant requirements, including accurate financial reporting and audits.

• Provide financial reports and analysis to grantors, funders, and government agencies as required.

Financial Reporting & Internal Controls

• Prepare and present financial statements, reports, and key performance metrics to leadership and the Board.

• Maintain strong internal controls and financial policies to safeguard the organization’s assets.

• Ensure compliance with Generally Accepted Accounting Principles (GAAP) and nonprofit financial regulations.

• Manage cash flow to ensure financial stability and operational efficiency.

Audit & Compliance

• Oversee annual financial audits and coordinate with external auditors to ensure timely and accurate reporting.

• Ensure compliance with all regulatory requirements, including IRS filings (Form 990), state grant reporting, and

other financial disclosures.

• Identify and mitigate financial risks, ensuring the organization meets all legal and ethical standards.

Operational & Leadership Support

• Supervise and mentor one direct report, ensuring the finance function operates effectively.

• Serve as a key financial advisor to the CEO on financial sustainability and resource allocation. CFO – Family Services Foundation

Key Responsibilities

Financial Strategy & Oversight

• Serve as the organization’s financial strategist, working with the CEO to d evelop and implement financial

strategies aligned with FSF’s mission and long - term growth goals.

• Assess financial risks and opportunities, making recommendations to improve financial sustainability.

• Lead financial forecasting, budgeting, and financial planning processes to ensure the organization can meet

short and long - term financial obligations.

Budgeting & Grant Compliance

• Oversee the development and management of the annual budget, ensuring alignment with programmatic and

operational needs.

• Ensure compliance with state and federal grant requirements, including accurate financial reporting and audits.

• Provide financial reports and analysis to grantors, funders, and government agencies as required.

Financial Reporting & Internal Controls

• Prepare and present financial statements, reports, and key performance metrics to leadership and the Board.

• Maintain strong internal controls and financial policie

Requirements

· Bachelor’s degree in Accounting, Finance, Business Administration, or a related field (Master’s degree or CPA preferred).

· 10+ years of progressive financial leadership experience, preferably in a nonprofit organization receiving state funding.

· Strong knowledge of nonprofit financial management, including grant accounting and compliance.

· Experience with financial software, accounting systems (e.g., QuickBooks, Sage, or similar), and financial reporting.

· Familiarity with state and federal grant regulations, including Uniform Guidance (2 CFR Part 200).

· Exceptional analytical, strategic thinking, and problem-solving skills.

Job Tags

Temporary work,

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