Chief Financial Officer

Purpose

This person is responsible for directing the fiscal functions of the corporation and subsidiaries in accordance with GAAP and other regulatory organizations, and in accordance with financial management techniques and practices appropriate within the industry. This person is also responsible for banking regulatory oversight and reporting related to the corporation’s subsidiaries. 

Qualifications:

1. Master’s degree or equivalent; or 4 to 10 years of related experience and/or training; or equivalent combination of education and experience.

2. CPA preferred; accounting, finance or related 4-year degree required.

3. Experience working with external auditors, compliance and regulatory oversight

4. Excellent analytical, communication and presentation skills

5. Must be adept at use of MS Office Suite, especially Excel. Experience with financial systems desired.  

6. Experience with grant compliance and reporting strongly preferred. 

Responsibilities: 
 
1. Manage the organization’s finance and treasury functions, including accounting, budgeting, compliance, internal controls, reporting, cash management and forecasting.  

2. Evaluate and advise on the impact of long-range planning, introduction of new programs/strategies and regulatory interaction.  

3. Maintain credibility for the finance group by providing timely and accurate analysis of budgets and financial reports that will assist the president, the board and other senior managers in managing their responsibilities.

 4. Enhance and/or develop, implement and enforce policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the corporation.  

5. Establish credibility throughout the organization and with the board as an effective problem solver; be viewed as approachable and as a mentor on financial issues.

 6. Continual improvement of the budgeting process through system improvements and education of department managers on financial issues affecting their budgets.

7. Provide strategic financial input and leadership on decision-making issues affecting the organization, e.g., evaluation of potential alliances acquisitions and/or mergers. 

8. Support accounting, general ledger and operations functions, ensuring that systems are in place to guarantee timeliness and accuracy.

9. Ensure MMCDC meets critical regulatory, banking and legal compliance benchmarks.

10. Evaluate the finance division structure and organizational plan for continual improvement of the efficiency and effectiveness of the group as well as providing individuals with professional and personal growth opportunities.

11. Manage all employees of the department and accept responsibility for the performance management and hiring of the employees within that department.

12. May be asked to be responsible for management of the company in the absence of the President/CEO. 
 

 

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