Chief Financial Officer

Posted: 10/09/2024

You have achieved financial goals for your firm. You have overseen the financial planning and managed the financial risks for your organization. You have poured over accounting and financial data and presented it interpretively. You have collaborated with organizational executives in shaping the overall strategic plan for your entity. You have managed the incoming of grants and their allocations in a non-profit setting. Apply your skills and experience to make Westmoreland County a better tomorrow!

Westmoreland Community Action (WCA), a non-profit and pillar in the community, is seeking our next Chief Financial Officer. Since 1980, WCA has made Westmoreland County a better place to live by helping struggling families improve their standard of living and become more self-sufficient. Through housing programs, emergency services, mental health programs, workforce development programs, community services, children and family services, financial services, and a social enterprise, we have helped thousands of Westmoreland County’s disadvantaged residents.

Position Summary

You will be responsible for overseeing and directing all financial, accounting, and investment activities in support of Westmoreland Community Action’s mission and strategy. You will ensure sound financial management practices that support organizational growth, financial stability, and community impact goals by directing the internal support systems necessary to assure financial and administrative accountability and managing accounting, purchasing, and cash management and banking negotiations.

Responsibilities

Financial Management & Strategy

  • Develop and implement long-range financial plans in conjunction with the Chief Executive Officer and Board Finance Committee including financial forecasting for the agency.
  • Prepare monthly and quarterly financial statements and analyses and routine expenditure reporting.
  • Oversee annual budgeting process to include senior management in preparation of draft for submission through Agency Chief Executive Officer to Board of Directors.
  • Works with Vice Presidents and senior management to monitor adherence to annual budget throughout the year.
  • Manage relationships with banks, investment managers, and other financial partners.
  • Work with Staff Accountant on policies and procedures governing relations with vendors, contractors, suppliers, providers, etc. regarding goods and facilities.
  • Research and propose community investment approaches that advance organizational goals.

Accounting & Compliance

  • Develop and maintain internal financial and cash management policies and procedures and monitors adherence to those procedures.
  • Ensure compliance with all applicable financial, accounting, legal, and regulatory requirements.
  • Responsible for establishing and maintaining all accounting records and reports.
  • Oversee annual audit process and work with Audit Committee.
  • Manage risk for the organization, including insurance coverage.
  • Negotiates for procurement of goods and non-personal services for Agency.
  • Responsible for internal control procedures to ensure protection of Agency.
  • Assures all Financial and Administrative Systems are correct according to contract and audit requirements.
  • Maintain compliance with HIPAA regulations, in regard to accessing Protected Health Information, according to the Table of Access contained in the HIPAA Policy and Procedure Manual. Employees access is on a “need to know” basis.
  • Any and all other job-related duties as assigned by the Chief Executive Officer.

Leadership & Administration

  • Serve as a key member of the senior leadership team.
  • Supervise and develop finance and accounting staff including developing the management abilities of assigned staff by setting goals, providing necessary training, monitoring and evaluating performance.
  • Oversee costs related to employee benefits programs.
  • Coordinates activities between county representatives in regard to all fiscal matters in regard to contract negations and agreements.
  • Provides support or guidance to senior management teams on best fiscal practices and standards and budgeting procedures and works with the teams to understand financial reports and status of programs.

Investment Oversight

  • Lead the Finance Committee to ensure compliance with Board-approved investment policies.
  • Oversee and steward agency endowment relationships and planned giving income.
  • Ensure timely reporting of investment activity to donors and fundholders.
  • Work with Chief Executive Officer and senior management on evaluation of potential physical property investments, financial cost of these investments, and in developing maintenance reserve funds for these investments

Board Relations

  • Develop strong working relationship with the Governing Board and partner with the chair of the Finance Committee on establishing agendas and reports
  • Present financial reports and strategic initiatives to the Board for approval
  • Collaborate with Board committees on financial and investment matters

Qualifications:

  • CPA Required.
  • Bachelor’s degree in accounting required, MBA preferred.
  • Minimum of 10 years of progressive experience in financial management, with at least five (5) years in nonprofit organizations.
  • Knowledge of technology, accounting and management information systems required.
  • Strong leadership, strategic, and communication skills related to nonprofit finance, accounting and investment principles, practices, and systems.
  • Experience in design and implementation of financial procedures and controls required.
  • Knowledge of purchasing and office services procedures preferred.
  • Must have good communication skills and ability to relate well with staff.
  • Experience with charitable giving products and approaches.
  • Demonstrated commitment to diversity, equity, and inclusion.
  • Familiarity with the southwestern Pennsylvania philanthropic landscape preferred.
  • Must be able to obtain child abuse, state police, fingerprint-based criminal background check, and sex offender registry clearances.
  • Valid driver's license required and must carry $15,000/$30,000 bodily liability car insurance.

Benefits:

  • 100% Employer paid dental, vision, life insurance, short-term disability, and long-term disability polices,
  • ICHRA health plans – Using an allowance, choose the best plan for you,
  • 16 paid holidays,
  • 10 days of vacation in first year of employment,
  • 8% retirement match after 1 year and 1000 hours of service,
  • Mileage reimbursement.

Annual salary starts at $118,456.00 - $132,600.00 with benchmarked adjustments based on experience.

Westmoreland Community Action (WCA) is committed to recruiting and retaining a diverse workforce that reflects our community and those that we seek to serve. If you, in good faith, believe that you are qualified to succeed in this position, we encourage you to apply. Please include a cover letter to tell us about your unique qualifications for the position. Our hiring manager will review your application and, if interested, will contact you regarding next steps.

* REQUIREMENTS NECESSARY TO SAFELY PERFORM THE ESSENTIAL FUNCTIONS OF THE POSITION, CHIEF FINANCIAL OFFICER.

Physical requirements - Push/pull, lift/move up to 10 pounds.

Manual dexterity - Perform moderately difficult manipulation - typing, writing, filing.

Coordination - Perform tasks which require foot and/or hand/eye coordination - driving a car, computer entry.

Mobility - Walk, stand, sit for prolonged periods of time, drive.

Speech - Articulate with extreme accuracy.

Vision - Read small print, drive a car.

Hearing - Able to receive verbal information with some background noise.

Concentration - Able to concentrate on moderate to fine detail with constant interruption.

Attention Span - Able to attend to task function for more than 60 minutes at a time.

Conceptualization - Able to understand and relate to theories behind several related concepts.

Memory - Able to remember multiple verbal and written task-assignments given at beginning of a period extending over long period of time.

Environment Conditions - Indoor work.