Posted: Nov 5, 2024

Chief Financial Officer

Worcester Community Action Council - Worcester, Massachusetts
Full-time
Salary: $125,000.00 - $150,000.00 Annually
Application Deadline: Dec 6, 2024
Nonprofit

Our vision is to break the cycle of poverty one neighbor at a time. Through safety-net services and asset building solutions, Worcester Community Action Council (WCAC) creates economic mobility opportunities for tens of thousands of people annually through programs such as energy assistance, early education and care, financial empowerment, positive youth development, and career pathways. WCAC serves 45 towns in Central and South-Central Massachusetts with offices located in Worcester, Southbridge, Webster, East Brookfield, and Leicester. We are a team of 145 employees and an annual budget of approximately $40 million. We are committed to a workplace culture with a shared passion for our vision that promotes teamwork, respect, and the opportunity to make a difference. 

WCAC is seeking a Chief Financial Officer (CFO) to serve as a strategic partner to the Chief Executive Officer (CEO) and senior leadership team, supporting our mission and vision through effective financial management. The CFO will be accountable for the overall financial health and compliance of the organization. The financial functions of the CFO include oversight of accounting, financial cycle, fiscal policies and procedures, cash flow planning, insurance (liability and cyber), internal controls, budget, auditing, payroll, and tracking/reporting on financial and related operational metrics. The CFO is responsible for empowering the finance team through coaching and strong communication to ensure they have the resources and professional development needed for them to successfully support WCAC’s operations. As a trusted liaison to the Audit and Finance Committee of the Board of Directors, the CFO will provide the leadership and vision necessary to maintain high-performing teams and effective financial controls.

 Qualifications:
Research shows that women and people of color are less likely to apply to jobs unless they meet every single qualification. At WCAC we are dedicated to building a diverse, equitable, and inclusive workplace so if you are excited about this position, but don't meet all of the qualifications, we encourage you to apply anyways. 

  • Bachelor’s degree in Finance or Accounting required.
  • CPA Certification required.
  • Seven years of senior level financial management experience, preferably in a non-profit organization.
  • Experience with federal and state financial reporting for a non-profit organization.
  • Knowledge of GAAP and financial statement preparation required with the ability to present information in a variety of ways.
  • Experience managing payroll, grant funding, AP/AR, and IT services with a strong aptitude for technology.
  • Deep understanding and Experience with federal OMB circulars and guidelines essential to success.
  • Proficiency in Microsoft Office especially Excel and Word. Ability to learn other software applications used within the Agency.
  • Excellent interpersonal skills with the ability to relate to people at all levels of an organization. 
  • Excellent communication skills both written and verbal, and ability  to communicate complex processes with consistency and fidelity. 
  • Ability to analyze, interpret and communicate relevant financial trends, providing sound recommendations to senior management including the identification of potential risks and opportunities.
  • Sound technical skills, good judgment, and a strong operational focus.
  • Excellent negotiation skills with experience in procurement and contracting.
  • Excellent project management and organizational skills.
  • Excellent management and supervisory skills inclusive of accounting staff and grants contracts staff.