The CFO is a full-time, senior-level, salaried position responsible for fulfilling our mission by developing, maintaining and managing finances, insurance, risk management and human resources of NewTown and its subsidiaries, using policies and procedures approved by the Board of Directors. With limited assistance, the CFO manages all accounts payable and receivable. The CFO works closely with the CEO to develop, implement and run an annual operating budget. In addition, the CFO coordinates all audit activities for the organization. The organization’s revenues average $2.5 million annually, with current assets totaling approximately $10.8 million. This position reports to the President and CEO and works closely with staff and Board members.
The successful employee will be trust-worthy, diligent, organized, detail-oriented with a self-motivated ability to deliver accurate on-time reports. The employee will also be able to communicate complex financial concepts in terms that are easy for staff and volunteers to understand. The employee will have a proven track record of setting priorities and managing budgets, who can strengthen all aspects of our mission by increasing efficiency.
On a daily basis, the CFO is responsible for receiving all income and requests for payment, logging them in QuickBooks Premier Nonprofit 2017, and processing the related payments and deposits. Once a month, the CFO must produce a Generally Accepted Accounting Principal (GAAP) financial statement, along with a manual financial statement of operating activities, tracking unrestricted income and expenses. In addition to the usual non-profit financial management tasks, the CFO also accounts for related activities that NewTown undertakes to fulfill its mission including small business and real estate lending (currently 19 loans totaling more than $6 million), real estate development (including tax credit syndication partnerships), real estate leasing and management (currently 66 tenants), and a self-taxing Business Improvement District (also known as a BID [see O.C.G.A. 36-43]). Based on these diverse activities, the successful candidate will be literate in non-profit, for profit and public accounting best practices.
Bachelor’s degree in business, accounting, management, finance or a closely related field
Three years of experience in a position with relevant responsibilities to this opportunity
Advanced computer literacy, including proficiency with Microsoft Office Suite and QuickBooks
Experience managing finances for a comparable organization
Experience creating and driving analytic framework for planning and managing finances and organizational impact
Experience with legal, audit, compliance, budget, insurance, human resources, risk management and resource development
Additional Salary Information: 13 paid holidays, 20 PTO days, flexible work schedule, health insurance (employer pays 80% of premium), gym membership, short- & long-term disability and 4% retirement match 401k