CFO

Get AI-powered advice on this job and more exclusive features. “Every day, we work to support and build inclusive, powerful, and healthy communities characterized by racial equity and economically just systems.” With this as our purpose, Health Forward Foundation is building the future of our region by grasping the issues that cause health injustice at their roots. Health Forward’s mission is to achieve health equity and secure a fair and just region through leadership, advocacy, and resources. We support direct services and systems change for healthy people, community power, and equitable and just places. We support and partner with community-based and cross-sector organizations to improve health on all fronts through our purpose plan. Our work includes supporting equitable health services; working to advance safe and affordable housing, pathways to home ownership and broadband access; amplifying the power that exists in our communities through civic engagement; and increasing the effectiveness of small community-based nonprofits. We also support organizations in their practice of race equity, changing narratives and amplifying personal experiences. Purpose of the Position The Chief Financial Officer (CFO) for the Health Forward Foundation is an adaptive, forward-thinking financial strategist and enterprise leader. The CFO uses deep finance and accounting skills with the ability to quickly gather and synthesize clear and accurate information and insights. They will serve as a teammate, leader and manager with Health Forward, the finance and administrative staff, executive leadership team and organization board to drive rigorous planning, forecasting and decision-making. Key Responsibilities The Chief Financial Officer provides partnership to the CEO and leadership team, proactively addressing issues and strategic opportunities and making recommendations supported by rigorous financial analysis and review, scenario modeling, and assessment of risk, and due diligence. They lead and manage a team of seven (three direct reports including administrative support) and are a leader in the organization, representing the organization at a senior level and embodying the mission, vision and values of Health Forward. They provide strategic advice and counsel around options for how the organization can diversify financial structures (e.g., LLCs, 501(c)(4)s) to navigate regulatory constraints and enable flexibility and long-term sustainability for the Foundation. Strategic Business Leadership, Financial Leadership and Implementation Identify opportunities for innovation through continuous monitoring of shifts in the marketplace and philanthropy, assessing and adapting the Foundation’s models, systems, practices, and stewardship policy for best use of the organizational resources and maximum community impact. Develop and refresh new or updated policies and systems to support the strategic decisions of the organization including impact funding and investing portfolio engagement. Enable effective decision-making and accountability by delivering clear, accurate and timely information and insights to the CEO, Board, leadership, and staff. Strengthening the organization’s internal capacity to operationalize strategic decisions including accounting systems and policies, impact investing and diversified funding. In partnership with the CEO and executive leadership team, support strategic development resulting in actionable plans and operations that fulfil the organization’s mission, vision and values. Financial Function Oversight, Management, and Organizational Planning Develop and execute the financial strategy and operational plan for both the organization and department. Establish goals, objectives, policies and procedures in alignment with the purpose plan and vision for the organization. Drive financial modelling and forecasting, ensuring financial sustainability for major initiatives, impact, programs and investments. Collaborate with the leadership team to plan and implement diversification of financial structures and practices for long-term sustainability; Seeks to understand the impact goals and creates and clears financial pathways towards such goals. Steward the day-to-day operations and continuous improvement of the budgeting, finance, accounting, impact operations and related functions. Establish processes to streamline funding vehicles, ensuring compliance, transparency and sustainability. Ensure effective internal controls, internal and external audits, mechanisms to detect and mitigate risk and protect the organization from asset losses and internal and external fraud. Ensure regulatory compliance, manage financial risks and provide effective and responsive oversight of finances, audit, and impact operations/partner funding strategies. Oversee accounting control systems and internal audits, the accurate and timely production of accounting and impact funding information and financial reports. Responsible for Board Committee reporting including reporting and collaborating with Board members and Chairs on a regular basis. Ensure the capacity of internal teams to meet growing demands for innovative financial strategies to support complex investments, detailed impact funding, strategic advocacy and overall purpose plan alignment. Oversee the relationships with the audit firm and external general counsel, keenly surveying, assessing and mitigating significant risks to the organization. Relationships : The CFO reports to the President and CEO and partners closely with the board of directors, specifically the Finance & Investment Committee, the Audit Committee, and the executive leadership team. As the executive responsible for stewardship, reporting and controls of the financial resources of the organization, they will provide leadership, including direction to internal teams of financial, accounting and impact operations professionals, and collaboration with external partners, specifically the audit firm and legal counsel, to influence desired outcomes. The successful candidate possesses a clear understanding of our ecosystem, purpose, and intended impacts and has a desire to serve as an organizational leader. They will provide leadership within the organization, embracing and modeling the organization’s purpose and values. They will also leverage and share best and promising practices within the philanthropic financial officer’s community. The Candidate Experience and Professional Qualifications 15 years of significant financial management experience in related fields including at least 10 years of deep and progressive leadership and management experience Strong analytical skills and expertise translating a strategic vision into an operational model that aligns with financial goals, planning and analysis Ability to drive decisions in a quickly evolving, dynamic environment Demonstrated strong financial strategy, forecasting, and scenario planning capabilities Superior ethics and integrity; the person will be well respected within their community, not only for technical skills, but also for credibility and high standards of professional conduct Familiarity with impact investing, lending and fund management Expertise in building and managing adaptive systems to respond to changing financial landscapes Ability to operationalize innovative business models while ensuring alignment with organizational values Complex auditing experience. Skilled in preparing, reviewing, and analyzing operational and financial reports Entrepreneurial mindset with a collaborative approach to leadership and teaming across all levels of the organization Comfort navigating ambiguity and creatively solving complex financial problems Proven leadership skills with an ability to inspire when dealing with multiple constituencies and challenges; must be committed to a collaborative process, while exhibiting determination to drive an agenda needed to attain high performance. Exceptional interpersonal, written and verbal communication skills; with the confidence and maturity to articulate complex financial issues to an audience with varying levels of financial expertise Excellent diplomatic, meeting facilitation, negotiation, and conflict resolution skills Connection to mission of health equity Bachelor’s degree required; MBA or CPA, preferred

PERSONAL QUALITIES:

Must believe in and practice trust, partnership, learning, stewardship, accountability, creativity, collaborative decision-making, employee empowerment, equity/inclusion and anti-racism. COMPENSATION: The targeted base salary range for this position is $240,000 – 300,000. Health Forward Foundation offers its employees a comprehensive benefits package including medical, dental and vision insurance, a retirement plan, group life insurance, paid time off and a hybrid work environment. NON-DISCRIMINATION: Health Forward Foundation firmly supports the principle and philosophy of equal opportunity for all individuals, regardless of age, race, gender, sexual orientation, creed, national origin, disability, veteran status, or any other protected category pursuant to applicable federal, state, or local law

SE# 436828

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