Chief Financial Officer
$220k - $280kJVS Boston
About JVS: Jewish Vocational Services Inc. (JVS) is a mission-driven non-profit organization dedicated to empowering individuals and strengthening communities. With an annual operating budget exceeding $20 million and diverse funding streams-including government contracts, private grants, and philanthropic support, JVS provides comprehensive employment, education, and training services to thousands of individuals annually. Position Overview: Reporting to the CEO, the Chief Financial Officer (CFO) serves as a key member of the executive leadership team and the organization's senior financial strategist. Reporting directly to the President & CEO and working closely with the Board of Directors, the CFO provides strategic financial leadership and oversight for all aspects of financial management, planning, reporting, and compliance. This executive role requires a visionary financial leader who can balance long-term strategic planning with operational excellence. The CFO plays a critical role in driving financial sustainability, supporting organizational growth, and ensuring the highest standards of fiscal stewardship and transparency. Key Responsibilities Strategic Financial Leadership: Serve as the chief financial strategist and trusted advisor to the CEO and Board of Directors on all financial matters
- Develop and execute comprehensive financial strategies that support organizational mission, sustainability, and long-term growth
- Lead multi-year strategic financial planning and scenario modeling to inform organizational priorities and resource allocation
- Provide strategic financial analysis and recommendations on major organizational initiatives, partnerships, and program expansion
- Identify and assess financial risks and opportunities, developing mitigation strategies and contingency plans
- Partner with executive leadership to align financial resources with strategic priorities
- Lead the development and execution of the annual organizational budget aligned with strategic priorities and mission impact
- Develop advanced financial models and forecasting tools to support data-driven decision making
- Create and maintain rolling forecasts and scenario planning models
- Establish a comprehensive KPI framework to monitor organizational financial health and performance
- Oversee capital planning and major financial commitments
- Drive the budget development process with department leaders to ensure alignment and accountability
- Ensure accurate, timely, and comprehensive financial reporting for internal stakeholders, the Board of Directors, funders, and regulatory agencies
- Present financial reports, analysis, and recommendations to the Board of Directors and the Finance & Audit Committee
- Ensure compliance with GAAP, non-profit accounting standards, and all applicable laws and regulations
- Maintain strong internal controls and financial policies to safeguard organizational assets
- Oversee cash flow management, banking relationships, and treasury operations
- Manage the organization's investment portfolio in alignment with Board-approved investment policies
- Develop and monitor cash flow projections to ensure ongoing liquidity
- Manage debt obligations, lines of credit, and financial institutional relationships
- Oversee insurance coverage and enterprise risk management strategies
- Drive continuous improvement of financial systems, processes, and infrastructure
- Champion optimization and full utilization of financial technology platforms, including NetSuite and financial planning tools
- Lead evaluation, selection, and implementation of financial system enhancements
- Ensure efficiency and integration across financial systems
- Establish standardized financial processes and documentation across the organization
- Provide strategic leadership, mentorship, and professional development for the finance function
- Build and sustain a high-performing, collaborative finance team culture focused on service excellence
- Directly supervise senior finance leadership, including the Controller and senior financial staff
- Foster strong cross-functional partnerships with programmatic and administrative teams
- Develop succession planning and a strong talent pipeline within the finance function
- Bachelor's degree in accounting, Finance, Business Administration, or related field required
- MBA, CPA, or CMA required; CPA strongly preferred
- Master's degree in a relevant field preferred
- Minimum of 15 years of progressive financial leadership experience
- 7-10 years in an executive-level CFO or equivalent senior finance role
- Experience managing finances of organizations with $20M+ budgets and complex funding streams
- Deep expertise in non-profit financial management, compliance, and reporting
- Proven experience with government contracts and/or foundation grants
- Demonstrated success leading financial transformations and system implementations
- Expert knowledge of GAAP and non-profit accounting principles
- Advanced financial modeling, forecasting, and scenario planning skills
- Strong experience with ERP systems; NetSuite experience highly preferred
- Advanced Excel and financial planning/analysis tool proficiency
- Strong understanding of regulatory and compliance requirements, including Uniform Guidance
- Ability to identify systemic issues and implement scalable solutions
- Executive presence with exceptional communication and influencing skills
- Ability to translate complex financial data into clear, actionable insights
- Proven ability to build, develop, and lead high-performing finance teams
- Strategic thinker with strong judgment and organizational awareness
- Collaborative leadership style with strong relationship-building skills
- Prior CFO experience in non-profit human services, workforce development, or social services
- Experience with financial planning platforms such as Workday Adaptive Planning or Solver
- Experience with indirect cost rate development and negotiations
- Knowledge of workforce development or vocational services programs
- Public speaking or external presentation experience
- Strategic Vision: Aligns financial strategy with mission and long-term impact
- Executive Leadership: Operates effectively at the highest organizational levels
- Financial Expertise: Applies deep technical knowledge to complex challenges
- Innovation: Drives modernization and continuous improvement
- Mission Alignment: Leads with commitment to JVS's purpose and community impact
- Collaboration: Integrates financial and programmatic perspectives
- Integrity: Demonstrates the highest standards of ethics and stewardship
- Adaptability: Thrives in a dynamic, complex environment
- Results Orientation: Delivers outcomes with accountability and discipline
Vacancy posted 3 days ago
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