Chief Financial Officer

The Guild is a non-profit agency in Bay Ridge, Brooklyn, serving adults and children with Developmental Disabilities for 65 years. We are currently seeking a candidate for the role of Chief Financial Officer.

The Role of Chief Financial Officer

Provides executive direction regarding all financial planning and accounting practices. Establishes overall accounting, budgeting, and financial reporting policies and procedures to ensure effective controls are in place and to satisfy the informational requirements of GEC management, the Board of Directors, independent auditors, government and other contracting agencies, and customers.

Essential Functions

• Oversees the development of and adherence to appropriate internal control systems. Develops, maintains, and disseminates fiscal policies and procedures for the organization in conjunction with the Chief Executive Officer (CEO). Periodically reviews policies and procedures to ensure compliance
• Prepares quarterly financial statements and variance reports for the GEC Board of Directors, senior management, and cost center managers, including balance sheets, statement of revenues and expenses, cash flow statements, and supporting schedules
• Works with the executive management team to prepare and present the annual budget to the Board of Directors. Serves as the principal financial advisor to the Board of Directors and the Executive Director in the areas of budgeting, reporting, and planning
• Oversees the recording and processing of all income, accounts payables, payroll, and receivables. Ensures timely completion of all bank reconciliations
• Develops and oversees the implementation of long-term financial plans to ensure GEC’s financial objectives are met
• Develops and maintains a system for managing fixed assets. Establishes and maintains business relationships with banks and other financial institutions
• Works with external auditors to ensure proper filing and preparation of taxes (federal, state & local) and other financial reports, including the 990 report. Manages the annual audit, including the preparation of all schedules, records, and reports required to assist independent auditors in the preparation of the annual audited financial statements
• Manages cash, working capital, and fundraising accounts
• Assists program directors in the timely and accurate submission of all relevant financial management and reporting documents to ensure correct payment of invoices/bills and cash flow
• Maintains open communications with superiors, subordinates, and representatives of other departments to keep them informed of events and happenings that have a financial impact on the Agency as a whole and/or specific departments
• Anticipates and influences the impact of new legislation, regulations, and other trends that may affect GEC in the short and long run. Ensures compliance with and keeps abreast of changes to generally accepted accounting principles and in business in general through involvement in professional associations, reading materials, seminars, etc.
• Attends all Finance Committee and Board of Directors meetings and manages short-term agency funds in concert with the Board Treasurer
• Ensures appropriate financial management of short and long-term planning of GEC’s facilities (including financial oversight of facility renovations) and information technology through oversight of respective department management staff
• Works closely with the Director of Development in preparing financial schedules and reports
• Works closely with the Director of Human Resources regarding payroll issues, fringe benefit plans, i.e., health insurance, workers’ compensation, 403(b) retirement plan administration, etc.
• Works with brokers and oversees other insurance policies, i.e., vehicle insurance, liability insurance, etc.
• Hires, directs, evaluates, and develops staff to ensure their growth and development and high productivity and motivation. Reviews the structure of the finance division and staffing to ensure continual improvement of the efficiency and effectiveness of the department
• Assumes other special responsibilities as assigned by the CEO and/or Board of Directors and attends Agency functions as required

• Master’s degree in Business Administration, Public Administration, or a related field. CPA preferred
• Ten (10) years of accounting experience, five (5) years of supervisory experience, and three (3) years of experience in a not-for-profit, government, charitable or healthcare organization. Prior OPWDD and/or SED experience preferred

OR

• An equivalent combination of related education and experience

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