Job
New
Published 22 days ago

Chief Financial Officer

Code for Science and Society
On-site, Work must be performed in or near Portland, OR

Details

Job Type:Full Time
Education:Master's Degree Required
Experience Level:Mid-level
Salary:USD $180,000 - $210,000 / year

Description


Chief Financial Officer


Code for Science & Society

Remote


About Code for Science & Technology


Code for Science & Society (CS&S) is a US-based 501(c)(3) nonprofit dedicated to advancing open collaboration in public interest technology. Our core mission is fiscal sponsorship, providing essential support to sustainable open source, open data, open science, and open infrastructure projects. Fiscal sponsorship is the heart of our organization, enabling us to foster innovation and drive impactful change in the world.


In addition to fiscal sponsorship, CS&S engages in various programs that align with our mission, equipping projects with the resources and infrastructure they need to succeed. Our commitment to these initiatives reflects our dedication to building a more equitable, inclusive, and collaborative digital ecosystem.


Our Mission


We work to advance the power of data to improve the social and economic lives of all people through public education, scientific research, and technology development and deployment. We aim to improve the public's ability to find, collect, and share the open data they use to make more informed decisions in the benefit of the public interest.


Our mission steers CS&S to examine the context surrounding how data can improve the social and economic lives of all people through public education, scientific research, and technology development and deployment. Our commitment to service guides our work. Through engagement with ideas and conversations around data, our mission guides how we engage with data, research, education, and tech communities, including people who have been historically excluded from these fields.


Through fiscal sponsorship, we work with initiatives that partner data, research, and technology with community, governance, and equity to make knowledge and knowledge production more accessible. By partnering with collaborators in scientific research, open data, data science, AI and machine learning, free/libre/open source software, open access, open scholarship, and digital infrastructure, we aim to advance equitable access to knowledge and education. We have also partnered with nonprofits, funders, universities, and other stakeholders to explore community governance and develop participatory funding programs.


What We Value


Addressing systemic inequality: We exist in a time and place in our world where vast systemic inequality has been brought to the fore through Black Lives Matter, the COVID-19 Pandemic, and Climate Change. With the inability for many to opt-out, we must consider how our day-to-day work furthers these inequalities. CS&S's approach is detailed in our Commitment to Meaningful Equity and Inclusive Organizational Practices.


Commitment to service: At CS&S, we are dedicated to providing the enabling infrastructure necessary to support leading open source, open data, open science, and open infrastructure projects that drive change in the world. Our mission is not just about advancing technology but also about fostering a culture of service and support to empower communities and promote transparency.


You can learn more about our strategic plan here.


The Opportunity


A senior executive role reporting to and working in partnership with the Executive Director and President (ED), the Chief Financial Officer (CFO) will be a crucial leader in shaping the financial future of our organization. The CFO will be a strategic thought partner to the ED and the Board, aligning financial strategies to sustainable organizational growth strategies. The CFO will also serve as the Board Treasurer and work in close collaboration with the Board of Directors and the Finance and Audit Committees.


This is a unique opportunity to oversee all financial and operational responsibilities for both the organization and its fiscally sponsored projects. The CFO will be instrumental in ensuring robust financial processes and policies are in place, implementing quantitative measures of the programmatic work, and driving system upgrades for greater efficiency and transparency across CS&S and our 14 fiscally sponsored projects. The CFO will be responsible for assessing organizational need and building a dynamic and comprehensive Finance & Ops team over the next five years, enabling CS&S to be at the forefront of financial innovation and growth and make a significant impact on the organization's success and sustainability.


Candidate Profile


The ideal candidate will have the following professional competencies:


Strategic Insight, Executive Partnership & Board Support

  • Collaborate with ED and Board to consistently provide best in class fiscal sponsorship services.
  • Partner with ED and Board to develop and implement multi-year strategic plans and annual plans to ensure alignment between long-term and short-term budgetary planning and cost management.
  • Partner with ED and Board to address organizational sustainability including business model viability, pricing, and the pursuit of new revenue streams.
  • Engage the Board Finance and Audit Committees around issues, trends and budgets and cost management. Set agendas, work with Board members and engage outside consultants appropriately.
  • Participate in policy development as a member of the senior management team.
  • Represent the company to financial partners, including financial institutions, investors, foundation executives, auditors, public officials, etc.
  • Work closely with other senior leaders to ensure cross-functional teamwork and delivery of excellent customer service to fiscally sponsored projects.

Organizational Finance & Accounting Management

  • Ensure that all accounts, ledgers, and reporting systems comply with appropriate Generally Accepted Accounting Principles, regulatory and audit requirements, and tax filings. Ensure internal control safeguards are in place and oversee all audit activities.
  • Manage cash flow and forecasting for the organization and projects.
  • Monitor progress against the budget and financial metrics both internally and externally.
  • Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization's operations and business plans.
  • Monitor changes in legal, regulatory, and administrative environments, implementing changes in procedures as needed to maintain compliance, while maximizing operational and financial results.
  • Optimize banking relationships to ensure strong financial and operational management.
  • Remain up to date on nonprofit audit best practices and state and federal law regarding nonprofit operations and fundraising.
  • Oversee annual audit; build redundancies, transparency, and oversight into financial processes to maintain our outstanding record of clean audits year over year.
  • Determine optimal accounting treatment and revenue recognition for conditional and unconditional revenue, contracts, earned income or memberships and the different accounting implications.
  • Manage investments, including the monthly review of short-term treasury bills and rollovers.
  • Manage the relationship and oversee the work of contract bookkeeping firm.


Support of Fiscally Sponsored Projects

  • Provide detailed financial management and oversight for fiscally sponsored projects, including budget development, financial reporting, and monitoring of expenses.
  • Contribute to the grant application process for fiscally sponsored projects, including proposal review, submission, and compliance monitoring.
  • Identify and mitigate potential risks associated with fiscally sponsored projects through proactive monitoring and the implementation of robust control measures.
  • Maintain regular communication with project leaders and stakeholders to ensure alignment, address concerns, and provide updates on project progress and financial status.
  • Ensure that all fiscally sponsored projects adhere to legal and regulatory requirements, including tax filings and audit readiness.
  • Develop and track key performance indicators (KPIs) to measure the success and impact of fiscally sponsored projects.
  • Prepare comprehensive reports and documentation to support the accountability and transparency of fiscally sponsored projects.
  • Provide tailored support to meet the unique needs of each fiscally sponsored project, ensuring they receive the necessary guidance and resources to succeed.
  • Explore New Product & Service Opportunities
  • Conduct thorough market research and analysis to identify emerging trends and opportunities for new products and value-added services.
  • Create compelling business cases for new products and value-added services, including market potential, revenue projections, and strategic fit.
  • Conduct thorough cost analysis and develop pricing strategies that align with organizational mission.
  • Foster a culture of continuous improvement by regularly reviewing and refining new products and services based on feedback and performance data.
  • Allocate resources effectively to support the development and launch of new products and services, ensuring optimal use of organizational assets.
  • Ensure all proposals comply with regulatory requirements and assess potential risks associated with new contracts.


Explore New Product & Service Opportunities

  • Conduct thorough market research and analysis to identify emerging trends and opportunities for new products and value-added services.
  • Create compelling business cases for new products and value-added services, including market potential, revenue projections, and strategic fit.
  • Conduct thorough cost analysis and develop pricing strategies that align with organizational mission.
  • Foster a culture of continuous improvement by regularly reviewing and refining new products and services based on feedback and performance data.
  • Allocate resources effectively to support the development and launch of new products and services, ensuring optimal use of organizational assets.
  • Ensure all proposals comply with regulatory requirements and assess potential risks associated with new contracts.


Staff Infrastructure Development & Team Management

  • Assess current structure to ensure efficient and effective processes and procedures and cross-training for all positions.
  • Develop intermediate and long-term solutions for department scalability and staff continuity:
  • Structure department for optimal performance and cost-effective growth.
  • Ensure that additions and departures of fiscally sponsored projects can be readily accommodated within a reasonable time.
  • Create and maintain desk manuals for each position to ensure that job and institutional knowledge is retained when individual staff members depart.

  • Provide overall leadership, management and coaching of the Finance and Accounting Team. Including but not limited to managing work allocation, identification of professional development opportunities,
  • Plays a leadership role in hiring and termination of processes for the Finance and Accounting Team, ensuring that staffing decisions align with the organization's mission, values, and strategic priorities while adhering to legal and ethical standards.
  • Conduct and oversee annual work planning and team performance evaluations, and build an effective team dynamic.


Financial Systems

  • Partner with the ED and the Senior Director of Operations to identify, ensure organization is ready for and implement the next level of information technology and financial systems that support the growth of specific programs and the organization overall.
  • Implement and utilize technology solutions to streamline the management and oversight of fiscally sponsored projects.


Qualifications

  • Demonstrated success leading and managing the strategic, financial, and business operations of a high-impact nonprofit organization with an annual budget of at least $15m at the level of CFO, Controller, or Department Director.
  • Experience with complex environments such as a fiscal sponsor, a multi-faceted nonprofit with multiple revenue streams or reporting for multiple constituents, and/or providing service to multiple clients.
  • Knowledge of GAAP and FASB accounting standards that pertain to nonprofits, grant and fundraising rules and reporting requirements.
  • Ability to serve as a strategic thought partner and engage in creative, entrepreneurial thinking as well as the ability to execute and operationalize strategies and new initiatives.
  • Experience translating nonprofit financial information and data into insights and strategic recommendations that are aligned with organizational vision and mission; ability to measure nonprofit financials and operational performance.
  • Proven track record as an impactful negotiator and relationship builder.
  • Experience with financial technology infrastructure, including GL systems (e.g., Zero, RAMP) and systems upgrades (e.g., Intact, NetSuite) is preferred.
  • Experience with risk management and insurance liability issues, and in contracting and reporting processes.
  • Experience leading a systems upgrade process.
  • Experience aligning growth strategies to staffing plans and building out a staffing model to address evolving needs.
  • Excellent people-management skills and a proven ability to mentor, motivate, and support through inclusive leadership practices and collaborative problem solving.
  • Demonstrated resourcefulness in setting priorities, proposing new ways of creating efficiencies, and guiding investment in people, systems and facilities.
  • High degree of integrity and dependability.
  • MBA or Masters in Finance preferred.
  • CPA is preferred, but not required.


Compensation & Benefits


This is a full-time, exempt position and reports to the Executive Director. We offer a competitive starting salary between $180,000-210,000 and generous benefits including medical, dental, vision, life insurance, 401k with 4% employer match, unlimited paid time off (we encourage a minimum of one week off per quarter for all employees). Our employee handbook can be found here.


This is a remote, full time position with an expected start date of November 2024. CS&S is a remote-first organization with staff members including contractors based around the world. An ideal candidate will have availability for synchronous meetings between 10am and 2pm Pacific (UTC -7 to UTC -8).


Application and Timeline


Please submit a letter of interest and resume.


The application deadline is August 2nd, 2024 and applications received by that date will be given priority but we will accept applications until the position is filled. Zoom interviews with the Koya team will take place through August. Zoom and in-person interviews with the Code for Science & Society hiring committee will take place through September and October and we anticipate making an offer by the end of October/early November.


Koya Partners, the executive search firm that specializes in mission-driven search, has been exclusively retained for this engagement. Karen Yetman Rea and Nikki Lynch of Koya Partners are leading the search. Express interest in this role by filling out our Talent Profile All inquiries and discussions will be considered strictly confidential.


Koya Partners is committed to providing reasonable accommodation to individuals living with disabilities. If you are a qualified individual living with a disability and need assistance expressing interest online, please email NonprofitSearchOps@divsearch.com. If you are selected for an interview, you will receive additional information regarding how to request an accommodation for the interview process.


About Koya Partners


Koya Partners, a part of Diversified Search Group, is a leading executive search and strategic advising firm dedicated to connecting exceptionally talented people with mission-driven clients. Our founding philosophy—The Right Person in the Right Place Can Change the World—guides our work as we partner with nonprofits & NGOs, institutions of higher education, responsible businesses, and social enterprises in local communities and around the world.


For more information about Koya Partners, visitwww.koyapartners.com.



To apply, visit: https://diversifiedsearchgroup.com/search/21076-code-for-science-and-society-chief-financial-officer/



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Chief Financial Officer


Code for Science & Society

Remote


About Code for Science & Technology


Code for Science & Society (CS&S) is a US-based 501(c)(3) nonprofit dedicated to advancing open collaboration in public interest…

Location

On-site
Portland, OR, United States

How to Apply

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