Chief Financial Officer Job Summary
The Chief Financial Officer (CFO) is the primary financial strategist for Coastal Community Foundation, the Frances P. Bunnelle Foundation, Waccamaw Community Foundation, and the Jewish Endowment Foundation (i.e. the Foundations). The CFO provides consultation on long-range financial forecasting for the President and Boards and ensures that the Foundations’ system of internal controls safeguards the Foundations’ assets. The CFO develops and manages key relationships with professional advisors, investment managers, and the CCF Investment Committee in order to ensure that the investment objectives of financial investment portfolios are realized. The CFO also manages the impact investing portfolio to achieve the social and financial returns specified. The CFO will provide oversight of human resources and information technology programs and planned gift and other financial and investment-related analysis to support development efforts.
The following competencies reference foundational knowledge, skills, traits, and attitudes necessary for success in the role of Chief Financial Officer for the Coastal Communication Foundation of South Carolina.
- Positive and Influential Leader
Generate enthusiasm, build confidence, encourage adaptability, and lead change by creating and sustaining strong and respected relationships with the CCF team, board members, affiliates, donors, volunteers, potential partners, and the community. Clearly articulate, support, and cultivate the CCF mission while remaining openminded and approachable, modeling exemplary behaviors, and patiently collaborating and engaging with others.
- Effective Communicator
Demonstrate the ability to clearly, thoughtfully, appropriately, and effectively communicate verbally and in writing. Ensure respectful, authentic, proactive, and intentional communication with the CCF team, board, affiliates, donors, and other external entities. Listen carefully, ask questions for understanding, share information, and consistently foster an environment of open communication.
- Financial and Business Expertise
Possess broad business and financial experience, strong business operational knowledge, extensive financial knowledge and skills, an investment management acumen, and an understanding of non-profits, foundations, and endowments. Exhibit a high degree of learning capacity in order to digest and apply relevant changes and trends in the laws and industry and to thoroughly understand CCF endowments and potential funding sources.
- Relationship Builder
Achieve organization-wide goals by creating and sustaining strong, cooperative, collaborative, and respected relationships with the board, staff, affiliates, potential donors, and the Charleston, Georgetown, Pawleys Island, and Murrells Inlet communities and leaders.
- Cultural Agility
Demonstrate adaptability, situational awareness, and flexibility toward individual work styles and methods while holding to necessary systems and controls that improve efficiency and mitigate risks.
- Creative Problem Solver
Demonstrate strong reasoning and problem-solving abilities coupled with creative and practical thinking to innovatively solve daily issues and meet strategic goals. Critically analyze the feasibility of new CCF opportunities and focus on what is best for the organization, team, donors, and community.
Key Areas of Responsibility
- Oversee the development and execution of the annual budget and financial plans for the Foundations.
- Manage the investments of the Foundations including the financial investment and impact investing portfolios.
- Maintain responsibility for risk management programs, organizational systems, and technology integrations and maintenance.
- Manage the human resources and talent management functions for the Foundations.
Finance and Accounting Management
- Maintain control of the general ledger.
- Prepare timely and accurate financial statements and maintain an effective system of internal financial controls.
- Manage the annual audit process and oversee tax and regulatory compliance for the Foundations.
- Prepare the annual organizational operating budget and monitors departmental budgets. Generate monthly budget reports and departmental expense reports.
- Recommend cost control measures and long-term forecasting.
- Oversee vendor management practices including the review of quotes, contracts, and insurance. Consider diversity and inclusion efforts in vendor management.
- Serve as the staff liaison to the Finance and Audit Committee for CCF, as well as for each Foundation’s Board of Directors.
Talent and Team Development
- Handle challenges and conflicts with self-control and balance.
- Empower and develop teams with diverse skills sets to competitively strive for improved operational solutions and sustainable growth.
- Cultivate a culture of positivity.
- Diligently monitor organizational goals and hold each team member accountable for reasonable growth and change.
- Strengthen recruitment initiatives, ensuring that individual/team skill and character requirements are clearly identified and evaluated prior to hiring.
- Cultivate buy-in, commitment, and teamwork through alignment, accountability, and rewarding team accomplishments.
- Demonstrate an ability to manage conflict, build consensus, and facilitate problem-solving and collaboration among various parties.
- Execute CCF’s pooled investment portfolio policy. Coordinate the efforts of the investment consultants, custodians, and individual managers. Balance the investment portfolio and facilitate the sale of securities and real estate gifted to the Foundation.
- Manage the impact investment portfolio. Evaluate investment opportunities according to social and financial return parameters. Coordinate the efforts of the Impact Investment Committee, volunteers, and other partners in the sourcing and managing of the investments.
- Oversee the accuracy and security of the underlying fund financial information including statements of account and the calculations of endowment spendable amounts, fees, and portfolio returns.
- Act as staff liaison to the Investment Committee and the Impact Investing Committee.
- Provide oversight of the human resources function to ensure compliance and adherence to organizational policies and procedures. Focus on retaining high performing staff members, preserving the stability of operations, and keeping operational costs in line with budgets and market information.
- Oversee the information technology strategy to ensure best in class IT systems are in place for security, safety, and accessibility of the Foundations’ data.
- Perform risk management and mitigation reviews through assessments of key internal controls, insurance programs, personnel policies and procedures, and information technology systems.
Development and Stewardship Goals
- Provide donors and prospects with information regarding CCF Investment performance, financial position, and business operations as necessary.
- Support fundraising and programmatic needs by providing revenue forecasts and budget implications analysis for new initiatives and events.
- Attend events and social engagements and lead professional meetings and conferences (many of which occur in the evenings and on weekends).
- Possess knowledge of charitable trusts and estate planning techniques from a financial/fiduciary perspective.
Soft Skill Requirements
- Executive presence coupled with a strong commitment to organizational values and mission.
- Results-driven and focused on creating a culture of authenticity and accountability.
- Engaging verbal, written, and presentation skills and the ability to communicate at all levels of the organization.
- Strong sense of personal and professional integrity, judgment, commitment, and perseverance.
- Resolute confidentiality and judgement.
- Demonstrated adaptability with the ability to understand, incorporate, and successfully work within and between various cultural contexts.
- Model the right behaviors in the areas of hard work, imagination, resourcefulness, creativity, and independent thinking.
- Strategic and critical thinking skills and decision-making abilities.
Required Education and Experience
- Bachelor’s degree required; graduate degree preferred.
- CPA certification preferred.
- CFA and familiarity with investments desirable.
- 5 or more years of experience in nonprofit accounting required; 3-5 years auditing experience preferred.
- Working knowledge of financial management software.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
- Ability to sit at a computer terminal for long periods of time.
- Ability to be physically in attendance at workstation at designated company office location during normal business hours designated for the position.
- While performing the duties of this job, the employee is regularly required to talk, hear, handle, and feel.
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The Coastal Community Foundation is an Equal Opportunity Employer EOE/M/F.
For confidential consideration, please email your cover letter and resume to Robyn Ezzell: firstname.lastname@example.org.