Chief, Finance and Operations

Organizational Overview

Our Client is a citywide organization composed of public, business, higher education, nonprofit, community, and philanthropic leaders. They serve as a catalyst for organizing efforts and resources around a shared vision: all Baltimore City youth will travel a safe, healthy, and successful educational path from cradle to career. Our Client uses data to report outcomes for children from birth through their early careers to understand the complex needs of our city’s children.

They promote a data-based approach to program and policy design - one that is informed by context and lived experience of the communities affected and conducted with the participation of all stakeholders. Recognizing enduring inequalities resulting from persisting racism, ethnocentrism, sexism, and the intersections thereof, we employ a race equity lens to all aspects of data collection, analysis, interpretation, and presentation.

Position Summary

Our Client is seeking a Chief, Finance and Operations to serve as a senior financial officer and a member of the C-Suite, responsible for the integrity of our financial systems, reporting, compliance, and internal controls. This is a hands-on, multi-faceted leadership role, a strategic partner to the CEO office and fellow C-Suite for financial strategy and enterprise risk management; operator ensuring the books, budgets, and audits are airtight; and responsible for the transition from fiscal sponsorship to fiscal agency to an independent multi-entity structure.

The Chief, Finance and Operations will directly supervise the Director of Operations and oversee the transition of the finance function from external to internal, which includes building a team to match the organization’s growing needs.

• Financial Strategy & Leadership
  Partner with the CEO and executive leadership on long-term financial sustainability, financing, reserves, infrastructure investment, staffing affordability, cost allocation, earned revenue, grant profitability, and indirect cost recovery.
• Lead financial risk management, including scenario planning, liquidity analysis, stress testing, contingency planning, and financial KPIs.
  
• Develop and maintain strong internal controls, fiscal policies, and financial procedures.
  

• Oversee day-to-day accounting operations, including general ledger, AP/AR, payroll, monthly close, and financial controls.
  Lead the annual independent audit and manage external auditor relationships.
• Oversee treasury operations, banking relationships, cash management, credit, payment approvals, and short- and long-term cash-flow forecasting.
  
• Anticipate funding and reimbursement timing gaps and develop strategies to maintain adequate liquidity.
  

Budgeting, Reporting & Grants

• Partner with the CEO and C-Suite to develop and monitor annual budgets and organizational financial plans.