- Do you want to provide financial leadership to the regions’
largest community foundation and help achieve ambitious growth
- Do you thrive in a results-driven, fast-paced, collaborative
culture where diverse ideas are celebrated?
- Can you embrace being the face of the organization with key
donors and community partners?
- Do you want to help create a better future for all in Greater
The Greater Cincinnati
Foundation is hiring a Chief Financial Officer to join their
ABOUT THE GREATER CINCINNATI FOUNDATION
As the region’s leading community foundation, Greater
Cincinnati Foundation (GCF) connects people with purpose in an
eight-county region in Ohio, Kentucky, and Indiana. GCF is leading
the charge toward a more vibrant and equitable Greater Cincinnati
for everyone – now, and for generations to come. A staff of 61
passionate team members steward nearly $1 billion in assets and
made grants of 119 million in 2022 in the areas of human services,
the environment, education, arts and culture and economic
development. GCF is a leader and convenor in advancing community
progress around racial equity, economic mobility, impact investing
and affordable housing.
GCF is seeking an experienced and dynamic Chief Financial
Officer (CFO) to join this prestigious community foundation as a
key member of the executive leadership team. As the CFO, you will
play a critical role in overseeing all financial operations and
providing strategic financial guidance to support the mission of
making a positive impact on the communities we serve. This is an
excellent opportunity for a seasoned financial professional who is
passionate about social responsibility and committed to driving
meaningful change through effective financial management.
Business Partner with the CEO
to Optimize Decision-Making and Strategies
The CFO will be a full business partner with the CEO. It is not
enough to look backwards and record what has happened in the past
and be good at the transactional. The CFO will help drive optimal
decision-making by looking ahead and impacting performance before
it happens. The CFO needs to be a trusted advisor and confidant and
bring impactful issues to the forefront early so that they can be
addressed before they become a problem. Lastly, to be an effective
business partner with the CEO, the CFO must have trust and strong
relationships with the entire leadership team.
Budgeting, Forecasting and Reporting
The CFO will lead the annual budgeting process, working closely
with various departments to ensure budget alignment with strategic
priorities. They will prepare accurate and comprehensive financial
forecasts, highlighting potential risks and opportunities for
informed decision-making. and oversee the preparation of timely and
accurate financial reports, including balance sheets, income
statements, and cash flow statements, for internal and external
stakeholders. The goal is to provide financial analysis and key
performance indicators to aid in understanding financial
performance and inform strategic decision-making. They will also
create financial models to support dynamic community philanthropy
Investment Strategy Ownership and Investment
The CFO will own the investment strategy planning, research,
analysis, and implementation, working closely with the CEO, the
Investment Committee and outside investment partners to drive
optimal outcomes. The CFO will review current strategies and look
for areas of improvement, will benchmark GCF strategies against
best-in-class organizations, and make recommendations to the
investment committee. Success will be driven through the ownership
of the entire process, being thoroughly prepared with facts,
details, and recommendations, and communicating confidently and
effectively with the committee and outside investment partners.
Leadership of the Accounting and Finance
Being an effective leader and driver of the business strategy,
the CFO will be responsible for leading the accounting and finance
team. The CFO will assure that their mission and purpose align with
the strategies and growth plans of the foundation. The CFO will
have fiduciary responsibility for establishing effective controls
and processes. The CFO will be a steward of community assets with
all the responsibilities and legal accountabilities required. They
will also be responsible for developing talent within the team,
monitoring individual performance, and ensuring each of the team
members are in alignment with the culture of GCF.
Provide Innovative and Compelling Donor
The ability of GCF to provide a wide variety of solutions and
strategies for donors is one of the keys to growth. The CFO will be
integral to the analysis and strategic recommendations that need to
be made, taking the lead role in this process. In addition, working
closely with the colleagues on the leadership team, the CFO will be
challenged with taking the overly complex offerings and simplifying
the communication of these offerings to current and potential
THE KEY REQUIREMENTS:
- Bachelor's degree in finance, accounting, business
administration, or a related field. A master's degree and/or CPA
qualification is preferred.
- Proven experience (8+ years) as a CFO or senior financial
executive in a similarly complex and diverse organization.
Experience in the nonprofit sector or with community foundations a
- Strong financial acumen with a track record of strategic
financial planning and analysis.
- Demonstrated experience in investment management and portfolio
- In-depth knowledge of accounting principles, budgeting, and
financial reporting standards.
- Familiarity with nonprofit accounting standards and regulatory
compliance a plus
- Excellent leadership, communication, and interpersonal skills
to work effectively with diverse stakeholders.
- High integrity, ethical decision-making, and commitment to
transparency and accountability.
DESIRED PERSONAL ATTRIBUTES:
- An inspiring relationship-builder
- Confident, decisive, and independent
- Innovative and strategic
- Embraces and cultivates a diverse and inclusive workplace
- Puts the community and the organization ahead of
- Wired for growth and expanding community impact
- Motivates and empowers staff; is not a micro-manager
- Exceptional communicator and listener; can simplify the
- Be a key leader of a reputable, financially sound organization
and help create greater community impact
- Be a strategic partner with a dynamic, experienced community
- Lead a passionate and talented finance and accounting team
- Work with a Board that is supportive, engaged, connected and a
- Help create a city that is more vibrant, equitable and
The target base salary is $250K with the potential for a
performance-based bonus. GCF will provide a comprehensive benefits
package including medical, dental, vision, life, and disability
coverage. There is a 401-K program with an 8% employer match.
Relocation assistance will be provided.
Greater Cincinnati Foundation (GCF) recruits, employs, trains,
compensates, promotes, and celebrates employees of all races,
religions, colors, national origins, sexes, sexual orientations,
disabilities, ages, veteran status and all the other
characteristics that make individuals unique and extraordinary. At
GCF, we have a clear vision: to be an employer of choice where a
diverse mix of talented peopled want to be and can do their best
work. GCF exists exclusively to support our community, and we know
our organization runs on the hard work and dedication of our
passionate and mission-driven employees.
GCF is a Gold Level certified with Ellequate (Formerly Queen City
Certified), which is the first data-informed employer certification
and cohort-based leadership program for gender equity in the U.S.