iCommons Treasurer/CFO

The CFO directs the financial and economic affairs of the organization and is responsible for the company’s financial plans and policies, its accounting practices, implementation of controls, the relationships with various banking institutions, the maintenance of its fiscal records, and the preparation of financial reports. Additionally, the CFO reports regularly on financial performance to the board, helps to with strategic planning, and investigates various growth avenues for the company, outside of geographies and including commercial services. The CFO performs all financial due diligence on major programs, ventures, and business relationships.

Major duties and responsibilities:

1. Ensure financial policies, procedures and processes are implemented with feedback mechanisms.

2. Establish and document policies that support the company’s financial processes.

3. Provide recommendations to functional heads and CEO to achieve budgeted results.

4. Define and improve financial processes and ensure they are documented.

5. Implement and manage a standard budgeting process (guidelines, rules, and timing).

6. Review, manage, and control expenditures vs. budget and provide reports to measure actual results vs. budget.

7. Implement a formal forecast process (guidelines, timing, and review) and facilitate forecast review meetings with functional departments.

8. Maintain, consolidate, and report forecast to ED.

9. Ensure Legal and Finance are communicating to support tax-exemption obligations.

10. Review and approve tax returns.

11. Deliver timely and accurate reports that communicate financial, operational, and cost center results to the board of directors, the ED and functional heads.

12. Review and approve reconciliation for payment to vendors and contractors.

13. Conducts cash transfers.

14. Conducts receivable collection.

15. Oversees closing of books at end of month.

16. Oversees General Ledger corrections and journal entries.

17. Oversees document production for independent audits.

18. Performs all financial due diligence on major programs, ventures, and business relationships.

19. Works on developing new and existing revenue generating business models, including business and economic analysis.

20. Works with Development Coordinator and/or Community Developer to initiate relationships with new foundations, grantors, and corporate sponsors

21. Works with Executive Directors to pitch new relationships to for-profit and not-for-profit companies.

22. Supervision of bookkeeping and accounting staff.

23. Supports all others in business development efforts.

24. Perform other duties as assigned

25. Establishes banking and credit services as directed by the board.

Additional duties and responsibilities:

1. Ensure that outside CPA firms are managed and utilized appropriately for tax preparation work and that the firms receive adequate support for audit work.

2. Communicate with consultants and outside vendors as necessary.

3. Communicate with outside agencies (e.g. regulatory agencies, etc) as necessary.

4. Provide developmental and training opportunities for team members; monitors on-going performance; communicates expectations and results on a regular basis; communicates and interprets changes in guidelines, policies, procedures and other related matters.

5. Provide analytical support for projects.

6. Provide informational support for the Audit Committee, as needed.

Requirements:

1. Minimum five years experience within Accounting and Finance.

2. Minimum two years experience with responsibility for general accounting, financial reporting, and budgeting, preferably with a charitable organization.

3. Familiarity with UK accounting and auditing practices.

4. Charter/licensure as appropriate.