Job Type
Full-time
Description
Position Overview:
The Chief Financial Officer serves as the senior executive responsible for the financial leadership, enterprise risk management, and long-term fiscal sustainability of the Sorority's national organization. As a key member of the Executive Leadership Team, the CFO provides strategic direction, ensures regulatory compliance across all entities, and safeguards the organization's tax-exempt status.
The CFO oversees national financial operations, multi-fund accounting, chapter financial governance, housing corporation oversight, and financial infrastructure modernization. This role partners closely with the International President & CEO, Board of Directors (Board), and senior leaders to advance mission-aligned priorities, strengthen financial stewardship, and support the Sorority's membership, programs, and national initiatives.
Duties and Responsibilities:
Strategic Financial Leadership
• Serve as a strategic advisor to the International President & CEO and Board, shaping long-term organizational strategy and ensuring financial alignment with mission, membership growth, and national program priorities.
• Lead enterprise-wide financial planning, multi-year forecasting, scenario modeling, and sustainability analysis.
• Translate complex financial data into clear, actionable insights for executive leadership and the Board.
• Develop financial models that support membership economics, dues structures, retention trends, and program viability.
• Drive modernization of financial systems, automation, and analytics to enhance organizational performance.
Enterprise Financial Management & Operations
• Direct all corporate accounting operations, including general ledger, accounts payable/receivable, payroll, treasury, and cash management.
• Oversee multi-fund accounting across General, Life, Boule, Leadership, Regional, Special, Housing, and COIP funds.
• Ensure accurate monthly, quarterly, and annual financial statements and reporting packages.
• Maintain strong internal controls, segregation of duties, and financial integrity across all departments.
• Manage banking relationships, investment strategies, and reserve policies in alignment with Board-approved guidelines.
• Lead Enterprise Resource Planning (ERP) modernization, financial system integration, and data governance initiatives.
Budgeting, Forecasting and Financial Reporting
• Lead the annual budgeting process in collaboration with corporate office departments, programs, and regional leadership.
• Monitor organizational performance against budget, providing timely analysis and recommendations.
• Oversee rigorous cash flow management to ensure liquidity for current and future programs.
• Deliver monthly financial dashboards, Key Performance Indicators (KPIs), and executive reporting to the Finance Committee and Board.
• Evaluate Return on Investment (ROI) and mission impact for existing and proposed initiatives.
Compliance, Regulatory Oversight & Governance
• Ensure full compliance with federal, state, and local nonprofit regulations, including IRS requirements for 501(c)(7) entities.
• Monitor and enforce adherence to the 35/15 IRS gross receipts rule and manage unrelated business income (UBIT) exposure.
• Oversee preparation and filing of IRS Form 990, 990-T, and all required chapter-level filings.
• Manage multi-state charitable registration, sales tax compliance, payroll compliance, and grant reporting obligations.
• Maintain governance alignment with Finance, Audit, Investment, and Risk Committees.
• Ensure Payment Card Industry (PCI) compliance, data privacy protections, and secure financial information systems.
Chapter & Regional Financial Governance
• Establish financial governance frameworks for chapters, including policies, training, audits and corrective action processes.
• Oversee chapter financial reviews, risk assessments, and compliance monitoring.
• Provide tools, training, and support to regional directors, chapter treasurers, and volunteer financial officers.
• Ensure consistent financial practices across all chapters and affiliated entities.
Grant, Sponsorship & Contract Management
• Oversee accounting, tracking, and reporting for government contracts, corporate sponsorships, and private grants.
• Ensure compliance with Uniform Guidance, grant restrictions, and reporting requirements.
• Manage contract review, procurement standards, and vendor financial risk assessments.
• Maintain strong relationships with external auditors, banking partners, and funding agencies.
Enterprise Risk Management
• Lead the organization's enterprise risk management (ERM) program, identifying and mitigating financial, operational, reputational, and compliance risks.
• Oversee insurance strategy, including D&O, cyber, event liability, property, and housing corporation coverage.
• Implement fraud prevention systems, internal audit processes, and financial risk controls.
• Partner with IT to strengthen cybersecurity, data protection, and business continuity planning.
• Assess financial risk for national conferences, events, housing operations, and major initiatives.
Leadership & Organizational Development
• Lead, mentor, and develop the finance and accounting team, fostering a culture of accountability, excellence, and service.
• Champion cross-functional collaboration with Membership, Programs, Housing, Technology, and Operations.
• Demonstrate executive presence and communicate effectively with volunteer leaders, members, and staff.
• Model integrity, transparency, and commitment to the Sorority's mission, values, and sisterhood.
• Partner with the International President & CEO, International Treasurer, executive director, and board to present financial statements and guide strategic choices.
Requirements
• Bachelor's degree in accounting, finance, business administration, or related field; CPA or MBA strongly preferred.
• 7+ years of progressive financial leadership experience, including 3-5 years in a senior executive role within nonprofit, membership, or multi-entity organizations.
• Deep expertise in nonprofit GAAP, fund accounting, 501(c)(7) compliance, and UBIT management.
• Experience overseeing multi-state regulatory compliance, audits, grants, and complex financial operations.
• Advanced proficiency with ERP systems, automated financial tools, and analytics platforms.
• Exceptional communication skills with the ability to present financial concepts to non-technical audiences.
• Demonstrated commitment to mission-driven leadership and values-based stewardship.
Leadership Attributes
• Strategic thinker with strong business acumen and enterprise-level perspective.
• Executive presence with the ability to influence, advise, and partner with senior leaders and the Board.
• Transparent communicator who builds trust across staff, volunteers, and membership.
• Skilled change leader who drives modernization and organizational transformation.
• Ethical steward of resources with unwavering integrity and accountability.
• Collaborative partner committed to member service, operational excellence, and long-term sustainability.
Salary Description
$160,000 - $210,000
