Chief Financial Officer

Job Summary:

The Chief Financial Officer (CFO) leads all financial activities of the association, ensuring the financial integrity of financial transactions, financial sustainability, and security of the IASLC’s financial assets. The CFO serves as an officer of the IASLC and carries fiduciary responsibility. The CFO develops and directs a sound overall financial strategy, including financial policy development and implementation, budget planning and execution, risk management and insurance, taxation, short- and long-term forecasting, investments, banking, and management of accounting and financial systems.

The Chief Financial Officer is responsible for ensuring the continuity of the organization’s growth as a successful, well-managed, and financially stable international non-profit organization. The CFO works closely with the Chief Executive Officer (CEO), IASLC Treasurer and Finance Committee, and IASLC Audit Committee to create and implement the IASLC’s strategic and financial goals.

The Chief Financial Officer reports to the Chief Executive Officer and has supervisory and budget responsibility. This full-time, exempt position is based in our Denver office on a hybrid schedule.

Essential Functions:

Strategy, Planning, and Executive Management

• Effectively communicate and present critical financial matters to the CEO, Treasurer, Board of Directors, Executive Committee, Finance Committee, and IASLC senior leadership team (CEO, COO, CDO, CSO, CFO).
• Consult with the CEO on all significant financial decisions.
• Prepare and present regular financial reports, forecasts, and performance metrics to IASLC leadership team, Board of Directors, staff, and IASLC members.
• Establish regular communication with the IASLC Treasurer.
• Interface between the company investment advisor, investment firm, and Finance Committee.
• Implement and maintain policies and procedures for accounting, risk management, internal controls, regulatory and legal issues, business ethics, and coordinate the external, independent audit.
• Review, negotiate, sign, and manage contracts on behalf of the IASLC under the direction of the CEO
• Demonstrates credibility throughout the organization and with the Board of Directors as an effective developer of solutions to business challenges.
• Formulate and document financial policies for the association and recommend the adoption of policy changes, as needed.
• Represent the IASLC’s interests in actions, communications and decisions.

Leadership

• Develop recommendations to strategically advance financial performance and new business opportunities.
• Cultivate strong relationships with IASLC leadership team and the Board of Directors to identify needs, provide financial guidance, and develop a full range of business solutions that benefit the organization and ensure long-term financial stability.
• Create, lead, and sustain Finance as a department of excellence, ensuring that timely, accurate, efficient processes are established and implemented and promoting responsibility for prudent financial stewardship among all staff.
• Manage the performance, evaluation, and development of the Finance team, providing day-to-day direction and coaching, promoting an effective Finance team culture and positive interdepartmental collaboration, and providing a departmental structure that encourages success and accountability.

Financial Analysis, Budgeting and Forecasting

• Analyze and present financial reports in an accurate and timely manner.
• Oversee annual budgeting and planning process in conjunction with the CEO and Treasurer; administer and review all financial plans and budgets; monitor progress and changes and keep CEO and Treasurer abreast of the organization’s financial status.
• Consult with and advise department managers about developing and managing department/project budgets and provide timely financial reports to support budget administration.
• Manage organizational cash flow and forecasting.

Financial Reporting and Compliance

• Analyze and present financial reports in an accurate and timely manner.
• Manage the annual audit process, liaise with external auditors and the Audit Committee of the Board of Directors.
• Complete analysis of financial results and develop recommendations (strategic and tactical) and recommend strategies to improve the Company's financial performance.
• Ensure that required financial reporting occurs on schedule.

Risk Management

• Execute fiduciary responsibility regarding all IASLC financial operations.
• Monitor financial investments to ensure maximum returns, and manage the selection and performance of the IASLC’s designated investment management firm.
• Collaborates with the CEO in reviewing and managing complex business agreements and contract negotiations; acts as an advisor from the financial perspective on any contracts or subcontracts into which the company may enter.
• Provide plan management and oversight of vendors related to tax filings, insurance, banking, 401(k) plan, and investments.
• Work with staff to review vendor performance annually and make determinations for renewal.

Accounting/Financial Operations

• Direct all financial operations, including the daily financial management, financial statement preparation, and the development and execution of the annual budget of the IASLC.
• Create and implement robust financial processes, policies, and procedures for the Finance department to streamline workflows, improve efficiencies, and ensure compliance with federal regulations and GAAP.
• Collaborate with the Controller to oversee and manage all accounting functions, including accounts payable, accounts receivable, payroll, revenue cycle management, and grants management.
• Update and implement all necessary business policies and accounting practices; improve the finance department’s overall policies & procedures.
• Collates financial reporting materials, and oversee all financial, project/program and grants accounting.
• Oversees and manages the Company's relationships with banking institutions.
• Supervise, evaluate, develop and mentor employees in the Finance department, ensuring that their job performance aligns with organizational values and provides excellent service to members.
• Manage and ensure proper and timely administration of all day-to-day finance-related tasks, including accounts payable, billing, investments (in conjunction with investment management firm), facilitating annual budget processes, tax and audit processes, foundation financial administration, financial risk management and financial operational controls.
• Collaborate with Human Resources Director on payroll administration, payroll taxes, 401(k) Plan Reviews and administration, and annual employee benefit renewals.

General Operations

• Lead and oversee office operations and administration, including purchasing functions, office support and maintenance contracts, and software contracts and purchases.
• Drive strategic initiatives to enhance operational efficiency, scalability, and profitability across all business segments.

Minimum Qualifications:

• Master’s degree in Finance, Accounting, Business Administration, or closely related degree from an accredited college or university.
• Active Certified Public Accountant (CPA) with Colorado licensure.
• Minimum of 10 years of relevant executive experience in finance for organizations or corporations with budgets/assets over $8 M.
• 5 years of financial experience in nonprofit organizations or associations.
• International professional work experience.
• Demonstrated leadership experience and final responsibility for the quality and content of all financial data, reporting and audit coordination for a division or midsize organization.
• Personal qualities of integrity, credibility, and dedication to the mission of IASLC.

Preferred Qualifications:

• Professional or volunteer leadership experience in nonprofit or philanthropic organizations such as service on the executive, board or committee member.

Knowledge, Skills and Abilities:

• Personal qualities of integrity, credibility, and a commitment to the IASLC Mission.
• Current and comprehensive knowledge of accounting, finance, tax, and non-profit management.
• Ability to lead, influence, direct and motivate staff to provide quality services according to the plan, budget and mission.
• Expert knowledge of, and ability to apply, diversified financial management principles and accounting and budgeting principles and best practices.
• Solid knowledge of management principles, payroll systems and procedures, and regulations governing the operations of nonprofit associations.
• Demonstrated ability to communicate effectively and collaborate effectively across all levels of the organization.
• Ability to make complex business decisions, analyze and solve problems, and synthesize ideas into actionable items in alignment with organizational mission and strategy.
• Ability to effectively disseminate and articulate complex financial information and principles to educate and inform stakeholders at all levels.
• Strong organizational, project management and time management skills required, working to challenging and dynamic deadlines.
• Excellent written and verbal communications and strong organizational skills; ability to work under pressure and meet constant deadlines.
• Versatility, flexibility, and a proactive approach to dynamic priorities and constraints.
• Champion and promote the IASLC core values and a positive, healthy organizational culture.
• Strong multicultural awareness and sensitivity and ability to build cross-cultural consensus.
• Professional written and oral communications skills; high degree of written literacy and oral proficiency in English for communicating with audiences at all levels.

Physical Demands:

• Ability to sit at a computer workstation or desk for extended periods.
• Ability to lift/move 25-40 pounds on an occasional basis.
• Ability to travel domestically and internationally, as required.

Work Environment:

• Open office environment with computer workstations.
• Frequent use of computer, phone, and videoconferencing.
• Moderate noise level.
• Hybrid work schedule.

Compensation: $200,000-$225,000 annually, depending on relevant expertise and work experience.

Benefits:

Health insurance (medical, dental, vision), life insurance, 401(k) with generous employer match, long- and short-term disability, EAP, flexible spending accounts, paid vacation and sick time, cell phone stipend, 12 paid holidays.

We believe the best solutions come from diverse teams. We strive to have an environment where everyone has an opportunity to be successful regardless of their race, color, religion, gender, national origin, ancestry, age, disability status, military or veteran status, sexual orientation or gender identity, or other lawfully protected status.