Chief Financial Officer
K-LOVE · Franklin, TN · 3 wk ago
FinanceFull-time
About the role
The Chief Financial Officer (CFO) will provide leadership for K-LOVE's financial strategy, operational projects and efficiency, policy and direction while also being a key participant on the Ministry Leadership Team (MLT).
Responsibilities
- Influence our culture, leading by example in demonstrating collaboration, empowerment, innovation, creativity, and service, while being a faithful witness on and off the job of K-LOVE’s mission.
- Contribute to long-term planning and vision implementation through identification of strategic ministry initiatives, collaboration, prioritization, communication, and evaluation of results, while preserving K-LOVE’s reputation for integrity and excellence.
- Engage MLT and as appropriate the Board of Directors on financial issues, trends, and changes in financial models and delivery.
- Affirm MLT and as appropriate the Board of Directors and committees of the Board of Directors on operational issues, trends, and changes in strategic initiatives and delivery.
- Collaborate closely with other departments regarding finance and ministry objectives.
- Oversee strategic planning and implementation for the Finance and Signal Expansion departments, with a focus on goals, timelines, budgets, communication, results tracking, and celebration.
- Assess ministry performance against both annual goals and plans and K-LOVE’s long-term strategy.
- Provide strategic recommendations based on operational analysis, research, and projections, cost identification and allocation, and resource analysis.
- Ensure tools and systems are in place to provide critical operational and project information to the CEO and others and make actionable recommendations on both strategic goals and operational constraints.
- Lead a highly competent and responsive team, ensuring training, risk management, financial best practices, and biblical conciliation go hand-in-hand with creative and entrepreneurial transactions that will best fulfill the ministry’s mission.
- Ensure alignment of finance initiatives with Ministry objectives.
- Assess ministry performance against both annual budget and K-LOVE’s long-term strategy.
- Provide strategic recommendations based on financial analysis and projections, cost identification and allocation, and revenue/expense analysis.
- Ensure tools and systems are in place to provide critical financial information to the CEO and others and make actionable recommendations on both strategy and operations.
- Oversee long-term budgetary planning and cost management in alignment with the ministry’s strategic plan (especially as the ministry considers potential acquisitions), collaboration with external organizations, and management of investments.
- Develop and manage forecast models to ensure financial foresight in new ministry initiatives.
- Maintain oversight of all accounts, ledgers, and reporting systems, ensuring compliance with appropriate accounting principles, best practices, and regulatory requirements.
- Remain current on audit best practices as well as state, federal, and local laws regarding company operations.
- Manage cash flow and forecasting.
- Optimize banking and treasury relationships including banking, cash management, investments, and debt obligations of the ministry; analyze financial implications of proposed capital projects/expenditures.
- Utilize forward-looking models and activity-based analyses to provide financial insight into the ministry’s plans and operating budgets.
- Ensure timeliness and accuracy of financial and management reporting data for donors, MLT, and Board of Directors.
- Increase ministry’s bench strength with development of operational and project management best practices.
- Increase operational efficiencies and ministry agility through systems, policies, practices, and behavior reinforcement.
- Oversight of accounting, treasury, financial planning & analysis, financial modeling, and signal expansion.
Qualifications
- Bachelor’s Degree in Accounting or Finance, CPA/CMA certification required; MBA preferred
- 10+ years of broad finance experience providing strategic and hands-on leadership within a finance function (accounting, budgeting, control, and reporting)
- Experience working as a true business partner to the Chief Executive of a multi-state entity
- Non-profit experience highly desired
- If coming from the for-profit world, experience serving on a non-profit board desired
- Experience working at an Executive Level; proven ability to contribute to global strategic initiatives as well as implementation of relevant cross-departmental goals and objectives, including measurements/metrics and the successful management, mentoring and training of staff
- Significant experience working with external auditors, internal controls, and compliance-related issues
- Strong analytical, reasoning, and problem-solving skills with experience interpreting a strategic vision into financial models
- Skill and experience in examining, developing, reengineering, and recommending financial policies and procedures
- A collaborative and flexible style, with strong service mentality
- Need to be a team player
- A hands-on leader with integrity and a desire to work in a dynamic, mission driven environment
- Excellent interpersonal skills with the ability to develop sincere business/ministry relationships
- Strong written and verbal communication and presentation skills
- Ability to speak in non-financial language, can translate and teach financial literacy, relates well to board of directors and multiple stakeholders
- Demonstrated commitment to the social sector with a passion for our mission and vision