Chief Financial Officer

Job Description

Job Description

Position: Chief Financial Officer

Location: EPG Corporate Office

Employment Type: Full-time

Work Arrangement: Hybrid

Salary: $160,000 - $180,000

Benefits: Health, Life, and Dental Insurance, Paid time off, and 401(k)

Employ Prince George’s is committed to empowering job seekers with the skills and training necessary to excel in high-demand industries. We collaborate with businesses, community organizations, and workforce partners to strengthen employment opportunities and support economic growth.

Position at a Glance

The Chief Financial Officer (CFO) is a vital member of the Executive Leadership team of Employ Prince George’s (EPG). The CFO serves as the principal staff member who leads all financial aspects of the EPG, ensuring fiscal sustainability, regulatory compliance, and transparent reporting to stakeholders. This role supports EPG’s mission by budgeting, accounting, grant management, and strategic financial planning while partnering with the executive team to drive long-term impact. Finally, the CFO works closely with the CEO and Executive Vice President (EVP) in formulating and administering the organization’s long-term financial strategy.

With an innovative and entrepreneurial mindset, the CFO will collaborate with the Executive Leadership team to create and execute growth and financial stability. Reporting to the EVP, the CFO directly supervises the director and the Financial Division Associate.

Roles and Responsibilities

Strategic Financial Leadership

• Vision and Strategy: Collaborate with the CEO, board, and executive team to shape and implement long-term financial strategies that align with the mission and goals of the company.

• Financial Forecasting: Provide financial forecasts and scenario analyses that guide strategic decision-making and company growth.

• Innovation and Revenue Generation: Identify and implement new opportunities and initiatives that can advance EPG’s impact. Work with executive leadership to identify potential revenue streams to support the goals of the organization.

Financial Management and Reporting

• Budgeting and Planning: Oversee the creation and monitoring of budgets, ensuring resources are allocated efficiently to meet strategic priorities.

• Financial Reporting: Oversee day-to-day financial operations, including accounting, cash flow management, and financial controls. Ensure timely and accurate financial reporting accordance with nonprofit GAAP, preparing reports for Board, donors and regulatory agencies.

• Performance Metrics: Develop and monitor key performance indicators (KPI) to track the company’s health and operational efficiency.

• Regulatory Compliance: Ensure all financial practices comply with legal, tax, and regulatory requirements. Oversee internal and external audits.

Capital and Investment Management

• Capital Structure: Manage the company’s capital structure, including debt, equity, and working capital, to optimize financial performance.

• Investment Strategies: Evaluate and oversee investment opportunities, mergers, acquisitions, and divestitures, ensuring alignment with strategic goals.

• Funding Strategies: Secure financing when necessary, maintaining strong relationships with banks, funders, and other financial institutions.

Operational Efficiency

• Process Improvement: Implement financial systems and processes that streamline operations and enhance efficiency, to include contracts operatons.

• Technology Integration: Leveraging financial technology to improve data accuracy, reporting speed, and overall financial management

• Technology Implementation: Collaborate with IT to deploy tools that enhance program tracking, analytics, and reporting.

Stakeholder Relations

• Investor Communication: Maintain transparent and effective communication with investors, analysts, and other stakeholders regarding financial performance and strategic direction.

• Partnership: Build and nurture relationships with financial partners, auditors, regulators, and industry peers to support the company’s objectives.

Leadership and Team Development

• Team Management: Lead, mentor, and develop the finance team, fostering a culture of accountability, continuous improvement, and innovation.

• Cross-Functional Collaboration: Work closely with other departments to integrate financial insights into broader business strategy and operations.

Contract Operations Oversight

• Provide executive oversight of the organization's contract management and procurement functions.

• Develop policies and procedures governing contract administration, procurement, purchasing, and vendor management.

• Ensure contracts comply with applicable federal, state, local, grant, and funding requirements.

• Review and approve high-value, high-risk, and strategically significant contracts and agreements.

• Oversee the contract lifecycle, including solicitation, negotiation, execution, monitoring, modification, renewal, and closeout.

• Ensure timely execution and administration of contracts to support organizational operations and program delivery.

• Monitor contract performance, deliverables, expenditures, and compliance requirements.

• Implement systems and controls to minimize contractual, financial, legal, and operational risks.

• Collaborate with legal counsel regarding contract terms, disputes, and regulatory requirements.

• Ensure proper maintenance of contract records and documentation.

Procurement and Vendor Management

• Oversee procurement activities to ensure transparency, fairness, and compliance with procurement regulations.

• Establish procurement strategies that promote cost-effectiveness and operational efficiency.

• Lead vendor selection, evaluation, and performance management processes.

• Monitor supplier relationships and negotiate favorable pricing, terms, and service levels.

• Promote supplier diversity and compliance with organizational procurement goals.

• Ensure procurement activities align with budgetary constraints and strategic objectives.

Selection Criteria

• A bachelor’s degree in Accounting, Finance, or a related field, an advanced degree (MBA, MPA), or CPA certification preferred.

• Proven ten (10) years of experience in financial management, with significant experience in a nonprofit setting.

• A minimum of five (5) years of supervisory experience. A minimum of three (3) years of experience driving process improvements, developing procedures, establishing Key Performance Indicators (KPIs), and metrics.

• Deep knowledge of nonprofit financial regulations, GAAP, grant accounting, and donor compliance.

• Strong analytical skills, strategic thinking, and attention to detail.

• Excellent leadership, communication, and interpersonal skills.

• Proficiency with financial software and systems commonly used in the nonprofit sector.

NOTE: This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities, or working conditions associated with the position.

In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.

Equal Opportunity Employer