Chief Financial Officer

MISSION/PURPOSE

Goddard Riverside Community Center (Goddard Riverside) strives toward a fair and just society where all people can make choices that lead to better lives for themselves and their families.

ORGANIZATIONAL OVERVIEW

Goddard Riverside, one of New York City’s preeminent community-based organizations, seeks a highly qualified Chief Financial Officer (CFO) to oversee and participate in all aspects of its financial operations and affiliate organizations.

Goddard Riverside was formed in 1959 when two historic settlement houses – Riverside Community House, founded in 1887, and Goddard Neighborhood Center, founded in 1892 –merged. The agency’s roots extend back to the beginning of the settlement house movement in the late 19th century.

Today, Goddard Riverside annually serves more than 25,000 people across 34 locations in Manhattan and Queens. Goddard Riverside works with individuals and families across their life span, providing early childhood education, after-school tutoring and enrichment, summer camp, community arts programs, college access and success services, home-delivered meals, a Senior Center, legal assistance to low-income tenants, homeless outreach and supportive housing, entitlements counseling, and a variety of other community activities. Goddard Riverside is considered a thought leader in the settlement house community and works every day to help create a fair and just society.

Goddard Riverside has an operating budget of approximately $75 million that includes its five housing subsidiaries and its affiliates – Lincoln Square Neighborhood Center and the Stanley M. Isaacs Neighborhood Center.

POSITION DESCRIPTION

The CFO will report directly to the President and will staff the Board of Directors Audit and Finance and Investment Committees. S/he will play a key leadership role in setting policy and managing the overall financial and other operational requirements of the organization.

The CFO will lead/manage the Finance Department. S/he will oversee all compliance and recognition for government (city, state, and federal) contracts and private grants. S/he must be able to adapt to a continually evolving environment and thrive in an autonomous and deadline-oriented workplace.

Specifically, the CFO will be responsible for the following areas of Goddard Riverside’s operation.

Accounting and Administration

• Accounting systems and functions.
• Maintenance of appropriate internal controls and financial procedures.
• Timeliness, accuracy, and usefulness of financial and management reporting for city, state, and federal funders, foundations, and boards of directors; oversee the preparation and communication of monthly, quarterly and annual financial statements.
• Coordinate audits and proper filing of tax returns in a timely manner.
• Legal and regulatory compliance regarding all financial functions.

 Finance

• Cash flow planning and ensuring availability of funds as needed.
• Cash, investment, and asset management.
• Financing strategies and activities, as well as banking relationships.

 Planning, Policy, and External Relations

• Coordinate the development and monitoring of budgets.
• Develop financial business plans and forecasts.
• Participate in policy development as a member of the senior management team.
• Engage the Audit and Finance Committees of the Board to develop short-, medium-, and long-term financial plans and projections.
• Represent the agency to financial partners including financial institutions, auditors, public officials, etc.
• Remain up to date on nonprofit audit best practices and state and federal laws regarding nonprofit operations.

 In addition, the CFO will:

• Oversee the preparation of financial statements and balance sheets.
• Spearhead annual audits (including A-133 and Early Childhood programs) and tax returns.
• Maintain corporate financial records.
• Monitor treasury functions including endowment performance and policies.
• Work with housing staff and managing agent on intercompany transactions and reporting on limited partnership issues.
• Serve as staff representative to the Finance, Audit, and Investment Committees of the Board of Directors.
• Monitor liability, D & O and related corporate insurance.
• Maintain corporate financial records.

QUALIFICATIONS

The CFO will be a seasoned and mature leader with at least 10 years of broad financial experience, ideally beginning in audit and followed by experience gathering and evaluating financial information and making actionable recommendations to senior leadership. S/he will ideally have experience managing finance (accounting, budgeting, control. and reporting) for a complex nonprofit with multiple funding sources and an affiliate structure with diverse program areas.

More specifically, the CFO will have the following experience and attributes.

• CPA (highly desirable).
• At least five years’ experience as a CFO or equivalent, preferably in a nonprofit organization with a budget of at least $10 million.
• Experience in a senior financial-management role – leading staff, partnering with executive staff, and resulting in the development and implementation of up-to-date financial management strategies.
• Significant experience in or knowledge of nonprofit accounting including sophisticated fund and grant accounting, compliance, and reporting.
• Deep knowledge and understanding of the Office of Management and Budget Circular A133 and the New York State UPMIFA regulations.
• Direct experience and ability to manage finance and accounting software packages (Intaact specifically).
• Excellent communication skills – written, verbal, and presentation.
• Demonstrated leadership ability and team building, management, and interpersonal skills.
• Excellent analytical and abstract reasoning skills, plus excellent organizational skills.
• Must have strong sense of ownership of departmental functions and be a hands-on manager with impeccable integrity and judgment.
• Able to work with autonomy and as a member of a team.
• Committed to working collaboratively as part of a diverse team of peers and work with leaders of all program areas, Board of Directors, and Finance Committee.
• Experience in government-assisted housing/tax credit projects desirable.
• Potential candidates must have ability to problem solve, plan, organize, think strategically, and work as part of a diverse senior leadership team.

SALARY AND BENEFITS

The estimated annual salary for the position of CFO is $250,000 to $300,000. Goddard offers a comprehensive and competitive benefits package.

Goddard Riverside is an equal opportunity employer and seeks a diverse pool of candidates. The agency does not discriminate on the basis of race, color, gender, socioeconomic status, marital status, national or ethnic origin, age, religion or creed, disability, or political or sexual orientation. Diversity is celebrated as a strength at Goddard Riverside.

Applications, including cover letters and resumes, and nominations should be sent to the attention of Paul Spivey at GoddardRiversideCFO@PhillipsOppenheim.com.

The intent of this job description is to provide a representative summary of duties and responsibilities that will be required of this position and title and shall not be construed as a declaration of the specific duties and responsibilities of any particular position. Employees may be requested to perform job-related tasks other than those specifically presented in this description. This job description does not constitute an employment agreement between the employer and employee and is subject to change by the employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.