Chief Financial Officer - Washington, United States - PROGRESSIVE LIFE CENTER

Description

Job Description

Progressive Life Center, Inc. (PLC) is a Black-led organization, providing culturally-sensitivity human services to children, youth and families in the District of Columbia and surrounding Maryland, throughout Greater Philadelphia, and in most of Delaware. PLC's array of community-based services includes foster care and adoption, independent living for youth aging out of foster care, family preservation, juvenile diversion, and parenting skills training. For more than two decades, PLC has earned accreditation from the prestigious Council on Accreditation (COA) for its demonstration of excellence in the delivery of services and achievement of outcomes. Learn more at

Position Responsibilities

• Provide effective and inspiring leadership.
• Establish and monitor staff performance and development goals, assign accountability, set objectives, and conduct annual performance evaluations.
• Overall responsibility for all fiscal matters.
• Prepares organizational objectives, strategies, planning and operational issues with respect to the utilization of financial resources.
• Provides professional expertise or exercises control relative to the anticipation of potential revenue enhancement or risk, program or overall organizational financial viability and financial control systems.
• Prepares organizational budget and budgets for funding proposals, contracts, and negotiations.
• Prepares and maintains chart of accounts, complete with description of each account.
• Prepares cash flow reports and other management reports as required by the President, PLC management team, PLC Board of Directors and other stakeholders.
• Reviews and approves journal entries.
• Prepares month-end and year-end journal entries (depreciation, year-end accrual, deferred revenue, etc.).
• Reviews and signs bank reconciliation prepared by the Director of Finance.
• Monitors compliance with financial requirements of various contracts.
• Prepares financial statements.
• Responsible for the measurement and effectiveness of all processes internal and external.
• Identify best practices and improve internal systems with a focus on future needs and budget realities.
• Develop capacity in strategic analysis, planning, and program budgeting. Work closely with Regional Directors to manage departmental expenditure within agreed budgets.
• Provide timely, accurate, and complete reports to the President/CEO on the operating conditions of the Agency.
• Assist, as required, with the fundraising initiatives.
• Prepares annual corporate taxes – Form 990; Annual State of Maryland Property Tax Returns and Annual Employee Pension Benefit Returns – Form 5500
• Analyze PLC Health Insurance Invoice and print and attach allocation sheet to Expense Request Voucher to be processed by staff accountant(s).
• Conduct internal audits on a quarterly basis.
• Coordinate the annual external audit process.
• Review all accounting entries for proper accounting treatment prior to posting into PLC Accounting System.
• Sign checks.
• Manage contract matters relating to finances.
• Assist in revenue development for local operations.
• Familiarity with local child welfare regulations.
• Plan and conduct local staff meetings.
• Act as plan administrator for PLC Pension Plan and prepare all required annual returns including Form 5500.
• Create, review, and revise accounting policies and procedures.
• Ensure accounting policies and procedures are compliant with COA Financial Management Standards.
• Other duties as assigned.

Qualifications

• Bachelor's degree in accounting and a CPA certification with several years of professional accounting experience in a not-for profit/non-profit organization or a master's degree in business administration.
• Minimum 7 to 10 years of experience in a senior management role.
• Financial management experience in a non-profit setting is preferred.
• Certification by the American Institute of Certified Public Accountants preferred.
• Thorough knowledge of generally accepted accounting principles, practices, procedures, and theories and ability to apply that knowledge in the day-to-day operations of the organization.
• The ability to conceptualize the effects of transactions entering the accounting controls on the overall accounting system.
• Must have thorough knowledge and understanding of the issues involved in the accounting for a "not-for-profit" entity as it relates to government contracting and ability to apply the above requirement to that type of operation.
• Professional experience in supervisory administration in public/non-profit organizations.
• Excellent verbal, written, interpersonal, presentation and communication skills and ability to formulate and present financial information to all levels of management.
• Demonstrated experience in effectively leading a non-profit organization with an array of programs with the ability to leverage strengths across program areas.
• Ability to operate as an effective tactical and strategic thinker.
• Ability to prioritize and communicate to staff objectives and tactics necessary to achieve organizational goals.
• Experience successfully mentoring and coaching a team of diverse staff.
• Excellent judgment and creative problem-solving skills including negotiation and conflict resolution skills.
• Ability to remain focused in difficult situations and deliver against timelines.
• Experience in managing projects.

Benefits

We offer exceptional benefits package with an opportunity for personal and professional growth, which include the following:

• Fringe Benefits – health, dental, vision, retirement fund, and more
• Paid Time Off
• Training
• Hybrid Schedule (must work on-site 3 days a week)

Physical Demands

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Must be able to remain in a stationary position 50% of the time.
• The person in this position needs to occasionally move about inside the office to access file cabinets, office machinery, etc.
• Constantly operates a computer and other office productivity machinery (i.e., a calculator, copy machine, and computer printer); Manual dexterity needed for using a calculator and computer keyboard.
• Must be able to position self to stoop, kneel, crouch, or crawl.
• Must have ability to navigate stairwells.
• The person in this position frequently communicates with employees/customers/clients; and must be able to exchange accurate information by perceiving the nature of sound, near and far vision, depth perception, providing oral and written information.
• Has the ability to read and comprehend simple instructions, short correspondence, and memos.
• Has the ability to write simple correspondence.
• Has the ability to effectively present information in one-on-one and small group situations to customers and other employees of the organization.
• Has the ability to add, subtract, multiply, divide, and calculate figures.
• Has the ability to analyze financial results from operations, complete financial and cash flow forecasts.
• Has the ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
• Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
• Frequently move files weighing up to 20 pounds throughout the office space.
• Must be able to participate in fire drills or other drills during an emergency.

Work Environment

Normal office environment

Equal Opportunity Employer

PLC is an equal opportunity employer. PLC does not discriminate in employment on account of race, sex, color, religion, sexual orientation, parental status, national origin, age, disability, genetic information, political affiliation, military status, or other non-merit-based factors.