Chief Financial Officer
Finance New York City, New York
New York Public Radio (NYPR) is seeking a Chief Financial Officer (CFO).
Reporting directly to the CEO, the CFO serves as a strategic partner and advisor to the CEO, COO and the Senior Leadership Team (SLT) and is responsible for understanding and shaping the strategic direction of the organization'sfinancial structure and integrity; providing leadership in both short and long-term financial planning.
The CFO is responsible for all aspects of financial plans and accounting practices, including among others, accounting and financial reporting, treasury management, grant accounting, budgeting and forecasts, compliance, audit activities, riskmanagement, accounting policies and procedures and internal controls. They serves as the lead executive interacting with the Finance, Audit and Investment Committees of the Board.
The CFO works collaboratively with the SLT to set financial policy and procedures, while being an active participant, and driver, of the organization's overall financial strategy. They works closely with department heads, banking relationships, key vendors, and outside partners.
While a primary function of the CFO is to look ahead, they must also be able to analyze, and learn from, past financial performance in order to accurately predict, and guide, the organization's financial future.
Responsibilities include but are not limited to:
- Work with the CEO, COO, SLT, and the Board of Trustees on key strategic initiatives such as new programs, real estate planning, affiliate operations, major partnerships and capital structure.
- Inform the CEO and the Board of important activities related to financial and operational performance and changes tointernal and external risks.
- Lead, plan and manage the development of the Finance vision and strategy with focus on financial impact, risk management, infrastructure improvement and operational excellence.
- Participate in the development and implementation of NYPR's overall strategic objectives, priorities, plans and initiatives, including NYPR's strategic plan.
- Partner with the COO on providing financial analysis, models and insights into NYPR's operations and business plans. This includes managing the annual budget process and linking budgets to programmatic goals.
- Oversee the short term and long-term budget planning process in alignment with NYPR's mission and strategic plan.
- Oversee the preparation and approval of all financial reporting materials and metrics used for fund-raising.
- Oversee the preparation of timely internal and external audits.
- Develop performance measures and cash flow projections.
- Manage banking relationships.
- Partner with the Human Resources department to evaluate and oversee all benefit negotiations to provision the most competitive and cost-effective employee benefit package.
- Assess finance and procurement procedures, systems, and processes, and recommend and implement improvements in efficiency, effectiveness and capabilities.
- Develop and direct finance staff, and other related support staff.
- Develop and oversee a centralized procurement process to improve, and measure, vendor service delivery and the procurement of high-quality, cost-effective services/products, while strengthening internal controls.
- Support program areas, and other departments, by providing financial data and information relevant to their functional responsibilities.
- Oversee the issuance of all year-end reporting required for statutory and debt compliance and funders.
- Present financial reports to SLT and Board committee meetings, analyzing financial performance against prior yearand budget.
- Work closely with revenue generating departments including Membership, Development, and Sponsorship toensure accuracy of data, target tracking, and variance analysis.
- Monitor cash flow and debt covenant.
- Manage investments as necessary.
The successful candidate will be a strong, strategic partner to the CEO, COO and SLT. They will have served as CFO and have a record of successful organizational decision-making and experience managing within a complex nonprofit organization.
The ideal candidate will have at least 15 years of broad executive experience in accounting and financial operations and serving as a key liaison with the Finance, Audit and Investment Committees of the Board.
- Seasoned and proactive, with evidence of having worked as a true business partner at the CFO level.
- Demonstrated excellence in managing finance, accounting, budgeting and forecasts, analytics, control and reportingincluding financial statement preparation, and the ability to offer clear insight and
- Ability to examine, develop, re-engineer and recommend financial policies and procedures.
- Strong analytical skills and experience taking a strategic vision into a financial operating model.
- A collaborative and flexible style with strong service mentality. Tactful and flexible.
- A team player who is skilled at proactively providing disciplined financial advice.
- Strong problem-solving skills and the ability to make solid decisions.
- A hands-on manager with a desire to work in a dynamic mission-driven environment.
- An effective communicator with strong oral and written skills.
- Strong commitment to developing finance team members.
- A demonstrated commitment to the social sector with a passion for the organization's mission and purpose.
- Ability to perform the essential functions of the job with or without reasonable accommodations.
- BS and CPA certification, MBA is a plus
- Minimum of 15 years of broad executive experience in accounting and financial operations.
- Big Four background, preferred.
- Unquestioned integrity, credibility and honesty.
- Knowledge of, and comfort with, GAAP.
- Strong technical skills.
- Experience in managing relationships with Finance, Investment and Audit Committees.
- Interpersonal skills to work effectively with the CEO, COO, SLT, board members and a wide range of staff.