Chief Financial Officer

POSITION TITLE: CHIEF FINANCIAL OFFICER

FLSA: EXEMPT

ACCOUNTABLE TO: CHIEF EXECUTIVE OFFICER

Organization Overview

Feeding Texas is a 501c3 nonprofit organization that leads a coalition of 20 regional food banks in a unified effort for a hunger-free Texas. The Feeding Texas network is the largest hunger-relief organization in Texas. Our coalition works collaboratively to ensure equitable access to nutritious food for all Texans, mitigate the root causes of hunger, improve community health and nutrition, strengthen crisis response, and engage all stakeholders in advocating for solutions to hunger. Learn more at www.feedingtexas.org.

Job Summary

The Chief Financial Officer (CFO) is directly responsible for all financial systems and functions of the organization and strategic management of accounting and financial programs. Feeding Texas is primarily funded by state and federal pass-through funds and distributes those funds to food banks across the state. The CFO is responsible for ensuring government grant compliance and oversees funder invoicing, subaward payments, and related reporting and compliance requirements. This position will provide leadership and coordination in the administrative, business planning, accounting, and budgeting efforts for the organization. The CFO reports to the CEO and participates as a member of the organization’s Leadership Team.

Essential Functions

Financial

• Ensures compliance with government grants and oversees appropriate funder invoicing, subaward payments, and related reporting and compliance requirements. 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 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 and Accounting team, including the supervision of 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 our partner organization, 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.
• Processes releases of restricted net assets.
• 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.
• Ensures compliance with local, state, and federal authorities.
• 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.

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.
• Submits required tax filings.
• Provides retirement plan auditors with required information.
• Engages employee benefits expert to ensure the best available benefits.

Qualifications

• Experience with government funding and subawards required.
• Bachelor’s degree in Accounting or Finance preferred.
• Current and valid CPA preferred.
• 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.). Experience with NetSuite preferred.
• 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.

All Feeding Texas staff 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.

Feeding Texas is an Equal Opportunity Employer and strongly encourages people with lived experiences of hunger and members of traditionally underrepresented communities to apply, including people of color, LGBTQ identified people, gender-nonconforming people, individuals with disabilities, and people who speak a language in addition to English.

COMPENSATION

The salary for this position is $142,500. 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.

LOCATION

Feeding Texas operates in a virtual work environment. We provide the necessary technology, equipment, and other supports to ensure a comfortable and conducive home working environment for employees. All staff must be residents of the State of Texas within 30 days of their start date.

TRAVEL: 5% within the state of Texas.

TO APPLY

Please upload your resume and complete a brief questionnaire *at the link below*. The form will close at 11:59 PM on Sunday, March 24. Start date is as soon as possible.

FULL APPLICATION LINK: https://form.jotform.com/Jamie_Olson/feeding-texaschief-financial-office

Job Type: Full-time

Pay: $142,500.00 per year

Benefits:

• 401(k) matching
• Dental insurance
• Employee assistance program
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Parental leave
• Professional development assistance
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Ability to Relocate:

• Austin, TX: Relocate before starting work (Required)

Work Location: Hybrid remote in Austin, TX