Chief Financial Officer (Washington, DC or Remote in United States)
- Employer
- Internews
- Location
- District of Columbia, United States
- Salary
- Salary Commensurate with experience
- Posted Date
- Nov 27, 2023
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- Position Type
- Executive, Administrative, Accounting and Finance
- Fields
- International
- Employment Type
- Full Time
ABOUT THE OPPORTUNITY
The Chief Financial Officer (CFO) is responsible for executive leadership and vision for the financial activities and controls of the organization. This includes oversight of policies and practices for all finance and accounting activities and systems of the organization, including accounting, financial reporting and analysis, compliance, internal controls, and audit support, financial risk assessment and management, banking and cash management, department budgeting and cost management, fixed asset inventory and control, payroll processing, and general accounting. Additionally, the CFO provides oversight of the Financial Planning and Analysis and the Grants and Contracts teams.
The CFO leads a global finance and accounting team of approximately 30 individuals, as well as dotted line oversight of all country based financial staff. The CFO works with other senior leaders of the organization to ensure accounting practices are efficiently integrated with other departments and address changing or unique operating and program needs. The CFO presents financial analysis and reports to the CEO, the executive team, and Board of Directors, and ensures that all financial functions are in legal and regulatory compliance.
The CFO is both an officer of the US Board of Directors and a member of the Internews executive team.
LOGISTICS
Internews has US offices in Arcata, CA and Washington, DC which support a hybrid workforce with staff working remotely, fully in-office, or partially remote. This may be a remote-based role, and candidates based anywhere in the United States will be considered. Candidates based near the Arcata, CA or Washington, DC area who would prefer a fully in-office or hybrid position should feel free to express this preference during the interview process.
Applications will be reviewed on a rolling basis, so candidates are encouraged to apply soon. The preference is to fill this position as an internal hire within Internews.
OUR COMMITMENT TO FOSTERING A CULTURE OF BELONGING
We are an organization of dynamic, mission-driven individuals who are passionate about our core values and about supporting positive change in the world. we pride ourselves on our commitment to innovation and flexibility. We believe that diverse teams are strong teams and work to support an ethic of belonging, dignity, and justice for all people. Our current team includes a mix of genders, parents and non-parents, and people of multiple races, nationalities, ages, sexual orientations, and socioeconomic backgrounds. We are an EEO employer and encourage candidates of all races, genders, ages, orientations, ethnicities, and national origins to apply, and welcome those with alternative backgrounds and experiences.
DAY-TO-DAY TASKS will include:
- Strategic Leadership – Develop a strong, operational partnership with the CEOs, the executive team, direct reports, staff, Board, and external partners; and serve as Treasurer and Officer of the Board, leading the Finance Committee. Build alignment and consensus within the team around organizational goals and change management. Demonstrate leadership and collaboration across the organization.
- Funding and Financial Acumen – Responsible for ensuring that finance and accounting practices maintain and strengthen robust financial management systems in accordance with US (and UK, as needed) regulations, while prioritizing the availability - and usability -of real-time financial data for country programs. Ensure that financial systems, processes, and approaches meet the fundamental needs of the organization and address the complications inherent in working across 100 countries. Streamline and integrate financial management systems across Headquarters offices. Explore avenues to ensure that systems and cost structure are able to satisfy the requirements for a variety of funding sources, as well as respond to and attract a more diversified funding base. Advise on solutions to global financial and banking challenges that are part of working on a global operational scale.
- General Ledger (G/L) Accounting and Operations – Responsible for all General Ledger accounting and operations functions including account reconciliations, G/L close (month-end, quarter-end, and year-end), accounts payable, accounts receivable, payroll, credit card processing, fixed assets, etc.
- Program and Regional Accounting – Support programmatic and regional accounting needs, including identifying and implementing processes adapted for unique or challenging situations without sacrificing financial control efficacy.
- Alliance Accounting – Lead/support efforts to streamline and simplify alliance accounting across the Internews US (IUS) and Internews EU (IEU) organizations. Collaborate with applicable colleagues across IUS and IEU to identify and establish uniform policies and practices to the extent feasible while adhering to the independence of both entities and ensuring compliance with each entity's laws, regulations, and funder requirements.
- Financial Reporting and Analysis – Oversee the financial planning and analysis (FP&A) team members. Provide monthly, quarterly, and annual financial reports to assist the CEO, executive team, and management in performing and fulfilling their responsibilities. Present quarterly and annual financial reporting and analysis to the Board Finance Committee.
- Budgeting – Support the FP&A in developing and leading annual indirect budgeting and regular budget reporting, including regular revenue projections.
- Rates and Operating Reserves – Lead/support the management of our rates and monitor the report on our operating reserves on a regular basis to the CEO, executive team, and the Board.
- Banking and Cash Management – Oversee and manage all local, regional, and global banking relationships and manage the organization's cash flows to always ensure adequate liquidity.
- Treasury and Investments – Oversee and manage our treasury and investment activities with the advice of our investment advisor and fund administrator and report results to the internal management investment committee as well as to the Finance Committee of the Board.
- Compliance and Internal Controls – Ensure internal controls and compliance with laws, regulations, and accounting standards. Ensure that policies and practices are documented and updated annually for all key finance and accounting functions. Establish and support fraud prevention. Conduct and support ethics investigations related to finance-related matters as warranted.
- Audit Support – Support the Enterprise Risk team with annual, program, and internal audits and ensure appropriate preventative and detective controls are in place to limit exposure to material weaknesses and significant deficiences as needed.
- Grants and Contractors – Support the organization's grants and contracts team. Assure Internews' systems are responsive and compliant with a growing and diversifying set of donor systems.
- Risk Assessment and Problem Solving – Assess financial risks and provide solutions and policy approvals and/or exceptions based on established policies and risk appetite.
- Supervisory Responsibilities – Encourage next-level leadership by leading through example and mentoring employees, assigning accountabilities, setting objectives, establishing priorities, and monitoring and evaluating results. Carry out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training department employees; planning, assigning, and directing work; interpreting policy; appraising performance; addressing complaints and problem-solving.
- Staff Mentoring and Development – Mentor and develop staff by empowering and delegating as needed to foster a learning and growth culture.
- In all duties, uphold Internews' Core Values and demonstrate commitment to fostering a culture of Belonging, Dignity, and Justice.
QUALIFICATIONS WE'RE LOOKING FOR
- 10+ years' experience in financial management, ideally with a $50+ million organization.
- Broader practical experience across multiple professional disciplines within the organization.
- CPA license strongly desired.
- Bachelor's degree in accounting, finance, or relevant field required. Master of Business Administration degree preferred.
- International non-profit (INGO) experience required with focus in international media development preferred.
- Experience with USAID, foreign aid assistance, and USG cooperative agreements required. OMB rules, regulations, and allowability knowledge and experience required, with potential to become the organization expert.
- Demonstrated mission-centric leader with track record of initiative and creativity.
- Proven business management and financial analysis skills, including the ability to explain financial terms and results to all stakeholders.
- Diplomatic skill to facilitate and manage a wide range of stakeholder relationships, establishing rapport and cultivating relationships across all levels of the organization.
- Values and fosters a collaborative working environment, exhibiting outstanding communication skills and emotional literacy with demonstrated authenticity, honesty, and integrity.
- Ability to manage with flexibility and poise in a dynamic, multicultural environment with a collaborative and service-oriented mindset.
- Demonstrated experience running a sizable and innovative financial department, with the ability to ensure financial and data oversight is of the highest caliber.
- Proven experience in global budgeting, strategic forecasting and planning, and in overseeing financial, accounting, compliance, and risk management of a complex international organization.
- Skilled at presenting information in a clear, confident fashion to a range of constituents with varying levels of expertise.
- Strategic budgeting and fund accounting experience.
- Strong computer skills, accounting software experience (Unit4 or Oracle system knowledge a plus).
- Willing and able to travel both domestically and internationally up to 15% of the time.
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