Chief Financial Officer

Posted on 13 April 23 by Mat Peisert

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Job Description

POSITION PROFILE: Chief Financial Officer (CFO) – Girl Scouts River Valleys

kpCompanies is leading the search for the next Chief Financial Officer for Girl Scouts River Valleys. This candidate will be an inspiring leader with the vision to move Girl Scouts River Valleys forward while building on over 100 years of success. The Chief Financial Officer will guide the organization, supported by a talented staff and a committed Board. Key areas include financial analysis, business analytics, strategy development, information technology support, asset management, and team development.

 

THE ORGANIZATION: Girl Scouts River Valleys

Girl Scouts River Valleys provides a supportive environment where 30,000 girls across Minnesota and Wisconsin are developing the skills they need to reach their full potential. Our exceptional results are made possible by more than 9,000 volunteers and 125 staff members across 49 counties, three service centers, six retail locations, four resident camps, and two program centers. We’re one of the top Girl Scouts councils in the nation, with a reputation for being a pioneer in volunteer management, youth development, and program innovation.

 

POSITION:

The River Valleys Chief Financial Officer (CFO) is a change agent that is a key advisor and can look at a situation from a new/different perspective who works closely with the board of directors, chief executive officer, and senior leadership team to develop and implement council financial strategies and overall direction of the organization. In partnership with the CEO, Treasurer, and Board Committee Chairs, the CFO provides overall financial leadership and direction to the council, and is also responsible for providing effective stewardship, control, and oversight of the organization’s finances. The CFO leads the accounting function and financial statement preparation in accordance with generally accepted accounting principles, industry practices, and tax-exempt regulations.

 

JOB DUTIES AND RESPONSIBILITIES:

 

Finance and Accounting 

  • Lead the development of the organization’s strategic financial plan for capital,   investments, and operations. Update as necessary. 
  • Lead the development of the general operating, capital, and all other necessary budgets and present to the council’s board of directors for approval. Also, administer, monitor, and report on budget activity. 
  • Collaborate with the CEO in advising the council’s board of directors and several related board committees/task groups regarding all matters pertaining to finance policy to ensure that financial strategies, decisions, and functions effectively work toward the achievement of council goals. 
  • Drive overall council effectiveness by providing critical information, metrics, and staff support to committees and task forces established by the council’s board of directors, particularly the finance committee, audit committee, and the investment subcommittee. 
  • Advise the CEO in the formulation of overall fiscal policies and plans regarding both short- and long-term financial matters related to the council • Ensure internal controls are in place to protect the council’s net assets of approximately $40 million. 
  • Ensure financial transactions are processed accurately and timely, and are recorded in keeping with generally accepted accounting standards and principles. 
  • Prepare and issue timely and accurate financial statements, analyses, and reports. 
  • Manage the council’s relationship with the local financial community, including financial institutions. 
  • Oversee financial and governmental audits, identify opportunities for improved efficiencies, and supervise the implementation of improvements to internal controls and/or operating procedures recommended in the management letter.
  • Oversee and direct insurance activities for the council. 
  • Ensure that all council financial operations are carried out in compliance with local, state, federal, and not-for-profit regulations, guidelines, and laws. 

 

Analysis, Business Analytics, and IT support 

  • Develop and maintain timely, accurate, and easily understood tools and comparative metrics to provide critical business information to the executive team as well as individual departments to aid in planning, decision making and execution. 
  • Direct the financial and strategic analyses of new initiatives and core business drivers to best assist the CEO and senior leadership team in planning, policy determination, decision-making and goal execution. 
  • Optimize and manage the use of technology to balance capital and operating expenditures with management information, employee productivity and information security. 
  • Manage enterprise management systems necessary to ensure efficient and effective daily operations, and to maintain proper records, services, and reporting capabilities. 

 

Asset Management 

  • Collaborate with the property committee to provide strategic direction regarding the portfolio of council-owned and leased properties to optimize girl, volunteer, and staff experiences. 
  • Recommend property utilization and improvements to optimize girl, volunteer, and staff experiences as part of the capital budgeting process.
  • Ensure the acquisition and disposition of fixed assets, construction, improvements, and maintenance are managed to budget and schedule.
  • Ensure all property and fixed assets have proper legal title and are insured at the required levels. Other 
  • Responsible for oversight of Finance Committee, Audit Committee and Investment Committee 
  • Requires strong collaboration with committee chairs to ensure: 

1) Relevant information or decisions are being discussed and decided,  with recommendations to the GSRV Board of Directors, and 

2) Policies and Charges are being maintained and/or updated as necessary

 

 

Other accountabilities include:

  • Collaborate with colleagues across the council. Actively participate in All Staff meetings, staff inservice training, and other meetings. 
  • When representing the council to both internal and external audiences, articulate GSRV’s desired image and position to all audiences 
  • Support the council’s commitment to diversity of girls, volunteers, and staff and conduct all activities with a high degree of cultural competency. 
  • Contribute to building a cohesive, flexible, and productive staff environment that demonstrates the values and mission of Girl Scouts and delivers high-quality customer service. 
  • Subscribe to the principles of the Girl Scout Movement
  • Become a registered member of GSUSA.

 

 

REQUIRED QUALIFICATIONS:

Below are some typical requirements for a Chief Financial Officer. We recognize that skill sets can be a complex combination of experiences. If your background does not precisely match these requirements, but you have a passion for our work, we would love to hear from you, and we recognize the value of transferable skills.

  • Bachelor’s degree (master’s preferred). Equivalent experience accepted in lieu of a degree/formal education.
  • Minimum of 10 years of directly relevant work experience, preferably in a nonprofit organization, demonstrating progressively increasing responsibility and accountability, as well as overall functional success.
  • Seven (7)+ years of non-profit management experience; experience working with a non-profit Board of Directors.
  • Evidence of having worked as a true business partner to a CEO, including a proven willingness to share information.
  • Experience partnering with departments across the organization, as functionally necessary, as well as supervising finance and/or accounting staff.
  • Demonstrated ability to articulate a genuine passion for the Girl Scout mission and vision.
  • Demonstrated history of operating with a strong code of ethics.
  • Currently residing or willing to relocate to the GSRV region.

 

HOW TO APPLY

Girl Scouts River Valleys has partnered with kpCompanies in this search.  Interested candidates should submit a cover letter, resume, and salary expectations (PLEASE COMBINE RESUME AND COVER LETTER INTO 1 DOCUMENT TO UPLOAD)  no later than 9:00 pm on Sunday, May 14th, 2023. All submissions are received in the strictest confidence. 

 

You can apply by submitting your application online here:  https://evoportalus.tracker-rms.com/kpCompanies/apply?jobcode=1092

 

Equity & Salary Disclosure

We believe in practices that create real equity and pay parity regardless of background or identity. We freely discuss compensation with all qualified candidates the first time we interview them. Saving the salary discussion for the first conversation allows us to fully understand the needs of each candidate and to ensure that qualified candidates, even those who’ve historically been overlooked and/or underpaid, don’t self-select out of the processes based on salary alone, as our experience and research suggest. In addition to those who opt out because they fear the salary may be out of reach for them, we equally don’t want to miss out on conversations with candidates who are slightly over the range when in some cases, the total compensation, including factors such as bonuses, flexibility, and better health benefits, etc. may exceed expectations. Finally, as a search firm – we are always looking for top-notch talent to introduce to our clients. Should the salary or any other requirement not be a fit, there is often a chance that someone on our team is working on another position you may be a better fit for. If you would like to discuss your qualifications for this role and salary and compensation - just give us a call, and we’d be happy to discuss.

Job Information

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Our Reference

JOB-1092

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