Chief Financial Officer

Our Mission

We’re fighting for a country where all communities can support themselves and their families. Through collaboration and commitment, we break cycles of poverty and injustice to create a more just society. For everyone.

Our Vision

To be an equalizer for poor communities by providing quality education and training through a national network of local affiliates. We believe investing in people is the answer to addressing the national labor shortage. We know we can ensure people of all races and all backgrounds are successful for the good jobs America’s employers need to fill.

Position Summary

As the Chief Financial Officer (CFO), you will play a pivotal role in ensuring the financial health, stability, and long-term sustainability of OIC of America’s mission-driven work. You will provide strategic financial leadership to oversee the financial operations and guide decision-making processes.

In this role, you will be responsible for developing and executing financial strategies that align with our mission and long- term goals. Your expertise will be critical in establishing sound financial policies and procedures that support operational excellence, efficient resource allocation, and transparent financial reporting.

As the steward of our financial resources, you will lead the preparation and management of the annual budget, working closely with department heads to gather inputs, analyze financial data, and make informed recommendations on resource allocation. Your ability to balance financial discipline with the needs of our diverse programs will be instrumental in maximizing their impact.

Reporting directly to the CEO and collaborating closely with the Board, you will provide strategic financial guidance, oversee all aspects of financial operations, and contribute to decision-making processes that shape OIC’s mission.

The CFO will be one of OIC’s senior transformation agents, taking the lead in building the internal capacity to help create pathways to economic freedom and prosperity.

Our mission is to be an equalizer for poor communities by providing quality education and training through a national network of local affiliates. We believe investing in people is the answer to addressing the national labor shortage. We know we can ensure people of all races and all backgrounds are successful for the good jobs America’s employers need to fill.

OICA requires candidates who are creative, nimble, and generous with their energy, time, and talent. OIC seeks accomplished leaders with a passion for both justice and tangible results. If you are a strategic financial leader driven by a passion for making a difference, we invite you to apply for the role of CFO. Your expertise and commitment will help shape our organization's financial future and enable us to continue creating meaningful changes in our community.

Key Responsibilities:

Financial Strategy, Planning & Analysis

• Lead financial planning, including annual budgets, long-term financial forecasts, and capital expenditure plans.
• Monitor and analyze financial performance; assess performance, identify areas for improvement, and recommend optimization strategies.
• Develop cash flow forecasts, implement investment strategies, and provide financial solutions to support long-term stability.
• Translate complex financial data into actionable insights to guide decisions on resource allocation, program development, and strategic partnerships.
• Conduct reforecasting meetings monthly with executive team to ensure fiscal stewardship.

Internal Controls, Compliance & Risk Management

• Ensure compliance with financial regulations, laws, and reporting requirements.
• Maintain accurate financial records; oversee audits and manage relationships with external auditors and regulators.
• Implement and maintain strong internal controls, safeguard assets, and mitigate financial risks.
• Oversee management and reporting of restricted funds, grants, and contracts in compliance with donor requirements and nonprofit accounting principles.
• In collaboration with VP, Human Resources ensure payroll process has internal controls in place.

Reporting, Communication & Governance

• Provide regular reports to the CEO, Executive Team and Board on financial trends, risks, and key insights.
• Participate in board meetings and committees; ensure clear communication of financial matters.
• Provide leadership and guidance to the finance team and CFO direct reports.
• Ensure timely payments to partners, affiliates, vendors and consultants.

Strategic Leadership & Organizational Impact

• Collaborate with cross-functional teams to drive financial literacy and build a culture of financial accountability.
• Guide the organization’s growth strategy, program expansions, and stakeholder collaborations.
• Stay current on industry trends and best practices; foster continuous learning and adaptation to change.
• Mentor and develop finance staff, creating clear pathways and succession planning.

Contract & Grant Oversight

• In collaboration with Chief Development Officer (CDO), manage and monitor government contracts and ensure proper execution of agreements.
• In collaboration with the CDO, ensure proper stewardship of grant funds through effective fund management procedures.
• In partnership with the Development team, develop financial models and reporting for funders, donors, foundation and federal government.

Technology & Systems Oversight

• Evaluate and implement financial systems and technologies to improve efficiencies, accuracy and scalability
• Ensure financial systems support real-time data reporting and integration with programmatic and operational data.

Investment & Asset Management

• Oversee the management of investments and reserves, ensuring alignment with organizational financial policies as directed by President & CEO and Board of Directors
• Develop and recommend investment policies in collaboration with Budget & Finance Committee

Qualifications:

• Proven experience (minimum 10 years) as a financial leader, preferably in a non-profit organization or a similar setting.
• Strong understanding of non-profit financial management, including fund accounting, grant management, and restricted funds.
• Proven knowledge of financial compliance to ensure that financial activities adhere to applicable laws, regulations, and industry standards.
• Demonstrated ability to develop and manage complex budgets and financial forecasts.
• Excellent analytical and problem-solving skills, with the ability to interpret and communicate financial data effectively.
• Sound knowledge of financial regulations, accounting principles, and best practices.
• Experience working with diverse stakeholders, including board members, executive leadership, donors, and auditors.
• Exceptional leadership and team management abilities, fostering a culture of collaboration, accountability, and continuous improvement.
• Excellent communication skills, both verbal and written, with the ability to present financial information to non- financial stakeholders.

A bachelor’s degree in finance, accounting, or a related field. MBA or CPA designation is highly preferred or an equivalent combination of education and experience and at least ten years of finance experience in the nonprofit sector is preferred for this role. OIC of America will consider candidates with a broad range of backgrounds. If you are excited about this role and feel that you can contribute to OICA’s transformation agenda, but your experience does not exactly align with every qualification listed above, we encourage you to apply.

The above statements are intended to describe the general nature and level of work being performed by the individual(s) assigned to this position. They are not intended to be an exhaustive list of all duties, responsibilities, and skills required. Management reserves the right to modify, add, or remove duties and to assign other duties, as necessary.

Compensation & Benefits:

The salary range for this position is $200,081-$225,000 based on a 37.5-hour work week for this exempt position. Salary offered may vary depending on relevant factors as determined by OIC of America, which may include, but are not limited to, background and experience, knowledge, skills and abilities, certifications and licensures internal salary ranges, geographic location and other organizational needs.

OIC of America offers a comprehensive package of benefits including 401(k) plan with 5% employer contribution vested immediately following the successful completion of a 90-day introductory period. Subsidized group health including medical and dental with employer paid vision coverage for the employee; healthcare flexible spending account; caregiver support program; wellbeing resources; commuter benefits program.

Location:

This is a hybrid position based in Philadelphia, Pennsylvania. The Chief Financial Officer will routinely rely on virtual meetings to conduct business, complemented by regular in-person meetings with executive leaders, staff, and partners in communities across the country. This position requires up to 30% travel to meet with staff, affiliate leaders, investors, partners, and to engage in professional development opportunities.

ADA Specifications:

• Ability to communicate information and ideas so others will understand.
• Ability to learn/translate/refer to technical material and produce extensive written communications.
• Ability to travel to external meetings both locally and nationally, including periodic overnight travel.
• Normal work requires frequent use of the telephone and computer (monitor, keyboard, mouse).
• Ability to be mobile at meetings and events.
• May be required to move about frequently in the office to access file cabinets, office equipment, attend meetings, etc.
• May require standing/sitting for prolonged periods of time during meetings and conferences.
• Must be able to communicate in large gatherings and conduct information sessions with technology so others will understand.

Applicants in need of special assistance or accommodation during the interview process or in accessing our website may contact us by sending an email to kpasquarella@oicofamerica.org. In your email, please include your name and preferred method of contact, and we will respond as soon as possible.

We are an equal opportunity employer committed to attracting and maintaining a diverse work force. All qualified candidates will receive consideration for employment without regard to race, color, religion, sex, age, sexual orientation, gender identity or expression, national origin, ancestry, citizenship, genetic information, registered domestic partner status, marital status, status as a crime victim, disability, protected veteran status or any other characteristics protected by federal and Philadelphia and Pennsylvania state laws.

About OIC of America

OIC of America is fighting for economic freedom for all forgotten poor people in America.

In 1964, Reverend Leon H. Sullivan founded the first OIC training center in an abandoned jailhouse in North Philadelphia. The dilapidated building was renovated using donations from people in the community and an anonymous grant. What was once a place of condemnation and restriction had become a place of hope and opportunity, hence the name Opportunity Industrialization Centers (OIC).

Forged during the struggles of the 1960’s Civil Rights protests, the OIC of America and its affiliate network have played a distinctive role in attacking racial discrimination in the workplace while securing decent jobs for hundreds of thousands of poor people, mostly African Americans.

Given the current labor crisis and a national call to attack long-standing inequities and racial injustices, the OIC network is well-positioned to be agents for stability, opportunity, and economic prosperity for people left out and left behind). OIC provides job and life skills training and matches its graduates with the employment needs of local businesses.

OIC has a nationwide training network to prepare many more poor people in rural and urban America for living wage jobs in information and technology, banking, financial services, building trades, and food production.

As a trusted partner in our communities, we believe in making big impacts. We now run over150 programs throughout the United States. Our network of 25 affiliates in 19 states and the District of Columbia represents and supports the underserved. Helping People Help Themselves through a value system focused on the hand-up rather than a hand-out approach, we are building the middle class.