Chief Financial Officer

Description:

Are you ready to make a profound impact by guiding the financial future of a mission-driven organization? Goodwill Industries of New Mexico is seeking an exceptional individual to join our team as Chief Financial Officer (CFO). As CFO, you will lead our organization’s financial strategy, driving initiatives that ensure sustainability and growth. Your expertise will be instrumental in overseeing budgeting, forecasting, revenue diversification, and financial systems that safeguard our assets and deliver accurate, timely reporting.

If you are passionate about making a difference, possess strong leadership skills, and thrive in a dynamic environment, we invite you to apply and help us shape a brighter future.

Strategic and Financial Planning:

• Support GINM’s strategic plan through financial management, modeling, planning and analysis.
• Collaborate with the CEO and Executive Team to guide strategic planning, strengthen organizational culture, and ensure financial decisions reinforce GINM’s mission.
• Develop and execute, with approval from the CEO, the strategic plan for the development of new business growth and diversification of revenue, including financial planning, budgeting, and forecasting.
• Responsible for agency financial planning, business plan and broad range vision.
• Contributes to organizational effectiveness by identifying short-term and long-term issues and goals that must be addressed, providing information and commentary pertinent to deliberations, recommending options and courses of action, implementing directives.

Investment and Financial Reporting:

• Research, recommend, and review long-term and short-term investment strategies to ensure financial stability in the future.
• Ensure timeliness, accuracy, and usefulness of financial and management reporting for funders, management staff, and the board of directors; oversee the preparation and communication of monthly and annual financial statements and ensure their timeliness and accuracy.
• Coordinate the annual audit and other agency audits as appropriate; direct the preparation of requested accounting schedules and other financial documents and reviews for accuracy prior to submission.
• Develop and utilize performance measures, forward-looking predictive models, and activity-based financial analyses to provide insight into GINM’s operations and business plans that support GINM’s strategic direction.

Internal Controls and Compliance:

• Maintain a proper system of internal accounting controls to ensure that all procedures are performed with respect to payroll, accounts payable, accrued liabilities, accounts receivable, sales inventory adjusting entries, and fixed assets etc. Expenses are posted in the proper period and all accounting records and files are secure.
• Ensure that risk management approaches are appropriate.
• Ensure compliance with all applicable laws and regulations, as well as ethical and professional standards.

Business Development and Relationship Management:

• Provide financial leadership and due-diligence support for new business opportunities across all organizational divisions and business activities ensuring each venture is structured correctly and aligned with organizational goals.
• Oversee the financial setup, integration, and ongoing operational performance of new business lines, ensuring accurate reporting and appropriate roll-up into GINM’s consolidated financials as appropriate.
• Develop financial models, implement plans, and timelines for new initiatives

Partner with the President/CEO and leadership to assess feasibility, risk, and mission alignment for all potential ventures.

• Lead and manage a team of professionals in GINM’s multiple business lines.

Representing GINM to financial partners, including financial institutions, investors, and auditors.

• Develop and maintain relationships with key funders and investors, foundations, corporations, and high-net-worth individuals.
• Lead and support cross-functional teams involved in launching or scaling new business activities, ensuring financial accountability and operational readiness.

Serve as the primary financial representative to external partners, including lenders, investors, auditors, and strategic collaborators.

Networking and Industry Involvement:

• Develop and maintain a network of industry contacts and keep up to date on industry trends and best practices. This includes attending conferences, networking events, and other relevant gatherings.

Obtain and maintain membership in networking groups not only in a local capacity but in areas that can help drive growth. Represent the organization in public forums and act as an advocate for its mission and values.

Collaboration and Teamwork:

• Contributes to the organization’s effectiveness by offering information and opinion as a member of the Executive team, integrating objectives with other functions, accomplishing related results as required.
• Ensure effective communication and collaboration across departments. This includes fostering a culture of open communication and collaboration, as well as implementing processes and tools to facilitate effective communication.

Work collaboratively with other departments to obtain and maintain grant funding by providing accurate financial information that meets or exceeds grant requirements.

Operational Responsibilities:

Responsible to compile, review, and prepare and present the annual budget to the President/CEO, Finance & Audit Committee, and Board of Directors.

• Coordinate and resolve insurance claims in conjunction with the President/CEO.
• Monitors monthly operating expenses and, when necessary, recommends timely corrective action to President/CEO to ensure cost-effective operation of supervised departments.

Direct the coordination of all information for the ASR and MSR report to be submitted to Goodwill Industries International (GII).

• Organize and maintain corporate records including document destruction.

Requirements:

The requirements listed below are representative of the knowledge, skills, and or abilities required for the position. Individuals must be able to successfully pass a criminal background check, financial credit report, and drug test. Individuals must have a valid New Mexico driver’s license, liability insurance, insurability under the agency insurance carrier, dependable vehicle and a clean driving record.

Education and/or Experience: CPA or MBA degree in business, finance or accounting. Five years’ experience with two years of senior management experience, or an equivalent combination of education and experience may be considered. Five years’ experience in nonprofit cost accounting, grant accounting, etc. with revenue above $30 million. Advanced skills in Excel, Power BI and prior experience with Microsoft Dynamics preferred.:

Personal Characteristics:

This position requires excellent abilities to solve problems, prioritize work assignments and work well under pressure and deadlines. This position will interact with customers (internal and external), vendors, community partners, the President/CEO and members of the Board of Directors. In addition, the position involves responding to and effectively managing many sensitive and confidential matters affecting the operations of the agency. This position is classified as Executive Management and thus requires additional mental effort involved in performing the job satisfactorily and may require extra hours beyond a regular workweek. Individuals must:

• Communicate a compelling and inspired vision of GINM’s mission and make the vision real and “shareable” by everyone. Be strategically agile, accurately anticipating future consequences and trends.

Be approachable and gracious and build rapport easily and well. Can motivate many kinds of direct reports and invites input from each person while sharing ownership and recognition. Know how to manage conflicts, seeing them as opportunities, hammer out tough agreements and settle disputes equitability. Negotiates well, settling differences with minimum noise and without damaging relationships. Build effective teams and task forces when necessary, defining success in terms of the whole team.

Action oriented and enjoy hard work with the ability to make decisions on imperfect information. Deal with ambiguity, effectively manage change and handle risk and uncertainty. Make good decisions based upon a mixture of analysis, wisdom, experience and judgment. Have organizational skills and the ability to multi-task and marshal resources to get the job done. Use logic, honest analysis and consultation with others to solve difficult problems with effective solutions.

Be results oriented and can be counted on to meet and/or exceed goals successfully. Know how business works in the marketplace as well as know the competition. Dedicated to meeting the expectations and requirements of internal and external customers. Get first-hand customer information and use it to improve services.

Bright and intelligent dealing comfortably with concepts and complexity. Set clear objectives and measure progress against results. Develop schedules and task/people assignments. Good at determining the processes necessary to get things done. Committed to continuous quality improvement through management by data. Know what to measure and how to measure it.

Politically savvy and can maneuver through complex political situations effectively and quietly.