Nonprofit Remote Digest - Issue #691
Feeding Texas leads a unified effort for a hunger-free Texas. We move millions of hungry Texans toward food security through a statewide network of food banks; strengthen the collective response to hunger through collaboration and scaling success; and lead the public conversation needed to solve hunger in Texas.
Chief Financial Officer (Remote, Location Dependent)
POSITION TITLE: CHIEF FINANCIAL OFFICER
ACCOUNTABLE TO: CHIEF EXECUTIVE OFFICER
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.
The Chief Financial Officer (CFO) has primary responsibility for all aspects of Feeding Texas’ 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.
Ensures that the annual audit is completed in a timely manner and without findings.
Manages the fiscal budgeting process to prepare a budget that meets the strategic goals of Feeding Texas.
Provides monthly financial statements and budget reports for program management, assisting staff in understanding and using their budgets.
Serves as staff liaison for the quarterly meetings of the Finance Committee and Audit Committee.
Manages the Finance Department, including the supervision of a two accountants. Ensures that:
Financial and accounting systems are operating in accordance with accounting standards.
Feeding Texas is financially solvent.
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 that 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 and sets deadlines for staff to complete their expense reports.
Ensures that staff complete their timesheets and expense reports in a timely and accurate manner to meet month-end close deadlines.
Records monthly cost allocations: compensation, occupancy, and 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 recordkeeping required in the 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 improvements to systems.
Develops, maintains and directs systems for purchasing and paying for goods and services, utilizing standard business practices, approving bills set up for payment, as well as benefits and cell phone billings. 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.
Follow up on overdue accounts receivable each month.
Improves the operational systems, processes, and policies in support of Feeding Texas’ mission.
Ensures that information technology infrastructure is adequate to meet the needs of the organization.
Assesses and plans for technology needs (hardware, software, network and internet, phone system and intranet).
Engages information technology experts to assist Feeding Texas in meeting its goals.
Oversees insurance policies.
Engages insurance brokerage experts to provide the right insurance coverage.
Resets workers compensation rates annually and works with workers comp auditor.
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.
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) required.
Current and valid CPA required.
10 years of progressive, full-time, wage-earning experience in financial management, non-profit accounting experience preferred. Five years’ Controller experience or five years’ experience or experience with Big-4 public accounting firm required.
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, in particular the ability to understand and organize detailed information and to write about or talk extemporaneously on that information.
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 while adhering to deadlines in a high-energy, fast-paced environment.
Ability to work effectively with other food bank and Feeding America 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.
The salary for this position is $130,000. Feeding Texas offers a competitive benefits package. We strive to provide non-cash benefits that encourage a work-life balance and promote the physical, mental, and financial health of our employees and their families.
This position is located within Texas. All Feeding Texas staff are currently working remotely. When it is safe to do so, we plan to re-open our 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 as needed, and the ability to travel within Texas. Feeding Texas’ physical office is currently located at 1524 S IH 35 Frontage Rd Suite 342, Austin, TX 78704.
TRAVEL: 5-10% within the state of Texas, 5% outside the state