Chief Financial Officer (CFO)

Job Description

Job Description

Description:

Our vision is to break the cycle of poverty one neighbor at a time . Through safety-net services and asset building solutions, Worcester Community Action Council (WCAC) creates economic mobility opportunities for tens of thousands of people annually through programs such as energy assistance, early education and care, financial empowerment, positive youth development, and career pathways. WCAC serves 45 towns in Central and South-Central Massachusetts with offices located in Worcester, Southbridge, Webster, and East Brookfield. We are a team of 135 employees and an annual budget of approximately $35 million. We are committed to a workplace culture with a shared passion for our vision that promotes teamwork, respect, and the opportunity to make a difference.

What we offer:

WCAC offers on-the-job training and professional development opportunities, along with a comprehensive benefits package with no waiting period that includes health, dental, vision, life/LTD, and a 403(b) retirement plan. Employees enjoy a generous paid holiday calendar plus vacation, wellness, and sick time. We are committed to fair and transparent pay practices and provide an additional pay differential for bilingual employees. Eligible positions also offer a hybrid schedule with up to two remote workdays per week.

Position Summary:

The Chief Financial Officer (CFO) provides strategic and operational leadership for all financial functions of a $35+ million nonprofit organization, overseeing financial reporting, budgeting and forecasting, general ledger management, internal accounting controls, and compliance policies. Long-range business planning is a core and ongoing responsibility of this role.

As a key member of the Senior Management Team, the CFO serves as a strategic partner to the Chief Executive Officer (CEO) across business systems, financial policies and procedures, and grant contract management and compliance. The CFO also plays an active role in advancing WCAC's strategic plan objectives — particularly its commitment to being a model employer and building the timely, relevant infrastructure needed to support staff and clients. In partnership with the CEO and Board of Directors, the CFO works through the Audit Finance Committee to offer strategic recommendations on the management, sustainability, and growth of WCAC's cash assets. For more information, please view the full job description here, Chief Financial Officer Job Description.pdf

Research shows that women and people of color are less likely to apply to jobs unless they meet every single qualification. At WCAC we are dedicated to building a diverse, equitable, and inclusive workplace so if you are excited about this position, but don't meet all of the qualifications, we encourage you to apply anyways.

• Bachelor’s degree in finance or accounting.
• CPA Preferred.
• Seven years of senior level financial management experience, preferably in a non-profit organization.
• Experience with federal and state financial reporting for a non-profit organization.
• Knowledge of GAAP and financial statement preparation required with the ability to present information in a variety of ways.
• Experience managing payroll, grant funding, AP/AR, and IT services with a strong aptitude for technology.
• Deep understanding and Experience with federal OMB circulars and guidelines essential to success.
• Proficiency in Microsoft Office Suite (Word, Excel, Outlook, PowerPoint) required. Demonstrated ability to learn and adapt to new software, databases, and technology.
• Excellent interpersonal skills with the ability to relate to people at all levels of an organization.
• Excellent communication skills both written and verbal, and ability to communicate complex processes with consistency and fidelity.
• Ability to analyze, interpret and communicate relevant financial trends, providing sound recommendations to senior management including the identification of potential risks and opportunities.
• Sound technical skills, good judgment, and a strong operational focus.
• Excellent negotiation skills with experience in procurement and contracting.
• Excellent project management and organizational skills.
• Excellent management and supervisory skills inclusive of accounting staff and grants contracts staff.
• Embraces and promotes diversity, equity, and inclusion initiatives.

Worcester Community Action Council, Inc. is committed to a policy of equal employment opportunity to all qualified employees and applicants for employment without regard to race, color, sex, age, national origin, religion, physical or mental ability, pregnancy or pregnancy related condition, sexual orientation, gender identification, genetic information, membership in the uniformed services or any other classification which is protected under state or federal law.