Chief Financial Officer

Job Type


Full-time

Description

The Chief Financial Officer (CFO) is a key member of HACU's Executive Leadership Team, providing strategic leadership in financial planning, compliance, and organizational operations. The Chief Financial Officer (CFO) provides executive leadership in financial strategy, long-range planning, and organizational stewardship to support sustainable growth and mission achievement. This role serves as a strategic thought partner to executive leadership and the Board, driving data-informed decision-making, innovation, and forward-thinking financial planning across the association. The CFO is a member of the senior leadership team and reports to HACU's Chief Operating Officer. The CFO shapes the association's financial strategy, including accounting, budgeting, investments, and the audits, while ensuring adherence to federal, state, and grant requirements. Beyond financial stewardship, the CFO collaborates with the Chief Operating Officer to manage and oversee the various aspects of HACU's real estate, property management, insurance, and information technology to strengthen organizational infrastructure and ensure operational excellence and long-term sustainability. This role calls for a results-oriented leader with proven nonprofit financial expertise, exceptional analytical skills, and the ability to foster collaboration, accountability, and mission alignment across the organization.


HACU'S MISSION:

To Champion Hispanic Success in Higher Education

HACU fulfills its mission by:

• promoting the development of member colleges and universities;
• improving access to and the quality of post-secondary educational opportunities for Hispanic students; and
• meeting the needs of business, industry and government through the development and sharing of resources, information, and expertise.

HACU programs and services are available to all students, faculty, and staff at HACU-Member Institutions.

BENEFITS

• HACU offers a friendly work environment and a generous company-paid benefits plan. Compensation is commensurate with qualifications and experience.
• 16 company paid holidays.
• Employer-paid Parental Leave, Group-Term Life, AD&D, Long-Term and Short-Term Disability benefits
• Generous employer-paid contributions toward healthcare plan expense
• 403(b), employer contributions (no match required) starting at six months of service.
• Employee Assistance Program
• Optional Dental, Vision, Legal and Identity protection, and optional Accident, Cancer, Hospital Indemnity, and Dependent Life Insurance plans.

EDUCATION and/or EXPERIENCE

• Bachelor's degree from an accredited institution in accounting, finance, or business administration required; MBA, MPA, or higher degree in a related field preferred.
• Active CPA certification preferred. Highly experienced candidates without an active CPA may be considered if they demonstrate equivalent expertise, credentials, and experience. If hired with an active CPA, maintaining the CPA license in good standing is a requirement of the position.
• Minimum of 10 years of progressive experience in financial management and operations, including at least 5 years in a senior executive role.
• Strong knowledge of nonprofit budgeting and accounting principles , including GAAP, governmental accounting, auditing, and federally funded programs.
• Expertise in financial planning, forecasting, and analysis.
• Demonstrated experience working effectively with diverse populations.
• Proven leadership skills with the ability to collaborate across teams, coach and develop staff, and foster a culture of accountability, cooperation, and mission alignment.
• Experience participating in strategic planning and organizational development in an executive leadership position.
• Excellent oral, written, and presentation skills; Spanish proficiency desirable.
• Ability to analyze and interpret technical journals, financial reports, and legal documents.
• Proficiency in applying mathematical concepts such as probability, statistical inference, fractions, percentages, ratios, and proportions to practical situations.
• Strong analytical skills with the ability to interpret financial reports, legal documents, and technical publications; apply statistical and mathematical concepts; and solve complex problems.
• Ability to work independently and collaboratively in a fast-paced environment while managing multiple priorities with accuracy and attention to detail.
• Adhere to high standards of integrity and confidentiality.
• Advanced proficiency in Microsoft Office Suite (with emphasis on Excel), database management, data analysis tools, and virtual meeting platforms (e.g., Teams, Zoom).
• Ability to travel as required.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


Requirements

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Work collaboratively and strategically in a team environment with all levels of professional, technical, and administrative staff to ensure the fulfillment of HACU's mission, goals, and objectives.
• Oversee and direct treasury, budgeting, audit, tax, accounting, grants, contracts, purchasing, real estate, and insurance activities for the organization.
• Manage all accounts, ledgers, financial software, and reporting systems, ensuring compliance with established policies, standards, and regulatory requirements.
• Collaborate with HACU's internal investment oversight committee to monitor investment and cash management accounts to maximize return on HACU's financial resources, including custody of funds, securities, and assets.
• Analyze financial data and present accurate, timely reports; communicate monthly, quarterly, and annual financial statements to senior leadership, highlighting progress, trends, and risks.
• Conduct and oversee studies of economic, business, and financial conditions to inform organizational policies and operations.
• Collaborate with external auditors to prepare audit schedules and review annual audit reports.
• Consult with legal counsel as required and ensure compliance with all federal and state laws, including timely filing of required reports and documents.
• Ensure financial management practices align with grant and contract requirements in coordination with senior staff.
• Oversee logistical support for headquarters and regional offices, including facilities, real estate, technology resources, and contract negotiations.
• Evaluate internal operations regularly and provide summary reports to the Chief Operating Officer on a bi-weekly basis or as requested.
• Define and monitor responsibilities, authorities, and accountability of all direct reports to ensure effective execution.
• Coordinate with property management vendors to oversee facility operations, including maintenance, leasing, renovations, and vendor/service provider coordination in accordance with the management service agreement.
• Under the supervision of the COO, the CFO will coordinate with IT and property management, ensuring oversight of budget, performance and service delivery expectations, ensuring the timely resolution of operational and IT issues. providers to ensure adherence to
• Work with executive leadership to plan, budget, and manage upgrades, renovations, and infrastructure improvements for facilities and IT systems as required.
• Maintain accurate records of maintenance schedules, IT inventories, and operational performance metrics.
• Monitor industry trends and technological advancements to enhance financial and operational efficiency.
• This job description provides a brief overview but doesn't encompass all responsibilities. Additional duties may be assigned depending on the specific role and organizational needs.

SUPERVISORY RESPONSIBILITIES


This both directly and indirectly oversees Finance Department staff. The responsibilities are to be carried out in accordance with the organization's policies and applicable federal and state laws. Responsibilities would include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.


PHYSICAL DEMANDS & WORK ENVIRONMENT

• The employee will work a standard of 40 hours a week; however, longer hours may be necessary at times. This is an exempt position and is not eligible for overtime pay.
• Conferences and events may take place in hotel and/or convention center settings and require longer hours of work on a constantly changing schedule, including work on weekends and evenings.
• Working conditions are in a hybrid work environment.
• Occasionally moves items weighing up to 25 pounds.
• Occasionally requires employee to squat, kneel, bend at the waist, and reach for items.
• Constantly operates a computer and other office productivity machinery.
• Must have reliable high speed internet service sufficient to support video conferencing, remote system access, and all technological tools needed to perform the essential functions of the role during scheduled remote work hours, including, but not limited to, HACU's voice over internet protocol (VOIP) system.
• Must maintain a remote workspace that is reasonably safe, secure, and suitable for performing assigned job duties, reasonably free from distractions, and accessible during scheduled work hours.
• Remote workspace must allow for the protection of confidential and sensitive information, in compliance with HACU's data security and privacy requirements (for example, privacy during calls, secure handling of documents, if applicable).
• Position requires the ability to participate in video and phone meetings and to work at a computer for extended periods, whether onsite or remote.
• Must be able to remain in a stationary position for extended periods of time.
• Maintains and ensures security of HACU-issued equipment, software, data, and supplies.
• Occasional out-of-town travel may be required to perform essential functions.
• Must be able to pass a criminal background check.

REASONABLE ACCOMMODATION

In accordance with the ADA and other applicable laws, reasonable accommodation will be provided to enable a qualified individual with a disability to perform the essential functions of the job.

Relocation assistance is not available for this position.

EEO STATEMENT

The Hispanic Association of Colleges and Universities (HACU) is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, sex, religion, national origin, ancestry, age, marital status, pregnancy, medical condition including genetic characteristics, disability, veteran status, gender identification and expression, sexual orientation, genetic information, or any other characteristic, status, or trait protected by law. The Hispanic Association of Colleges and Universities (HACU) believes that equal opportunity for all employees and applicants is important for the continuing success of our organization. HACU will not discriminate against any employee or applicant for employment because of race, color, sex, religion, national origin, ancestry, age, marital status, pregnancy, medical condition including genetic characteristics, disability, veteran status, gender identification and expression, sexual orientation, genetic information, or any other characteristic, status, or trait protected by law and will ensure that applicants are offered employment and employees are treated during employment without regard to these characteristics, or any other characteristic protected by applicable federal, state, or local laws and ordinances.

ADA STATEMENT


The Hispanic Association of Colleges and Universities is committed to employing and advancing qualified individuals with disabilities and disabled veterans in all aspects of employment, including the recruitment process. If you feel you require a reasonable accommodation to apply for a position at HACU, please contact the HR department at View phone number on click.appcast.io or email at View email address on click.appcast.io.

When making your request, please include the position you are applying for and the details of the accommodation needed. A member of our HR team will respond by the next business day. HACU will provide reasonable accommodations to qualified applicants and employees unless doing so would impose an undue hardship. For more information, please refer to the Americans with Disabilities Act.