CHIEF FINANCIAL OFFICER at The Midnight Mission

JOB Summary

The Chief Financial Officer (CFO) at The Midnight Mission (TMM) is responsible for the strategic and operational oversight of all financial activities, ensuring compliance with federal and state regulations, and safeguarding the financial integrity of the organization. The CFO will lead the finance team in developing and managing processes and policies that support accurate financial reporting, effective audit preparation, and the responsible stewardship of TMM’s resources, including gift-in-kind donations. Reporting to the CEO, the CFO will collaborate closely with other department directors to support organizational goals and sustainable growth.

Key Responsibilities

1. Financial Management & Oversight
   1. Direct all aspects of TMM’s financial management, including budgeting, forecasting, cash flow management, financial analysis, and reporting.
   2. Oversee the preparation, accuracy, and timely completion of monthly, quarterly, and annual financial reports.
   3. Lead annual audit preparation and work with external auditors to ensure accuracy and compliance with applicable standards.
   4. Ensure the responsible management of all assets, including cash, receivables, investments, and gift-in-kind donations.
   5. Assure processes and procedures are in place to optimize reimbursement from and compliance with government contracts. Specifically oversee the cost reimbursement techniques and cost allocation accounting underlying government contract billing.
2. Compliance & Reporting
   1. Oversee and ensure compliance with all federal, state, and local financial and tax regulations, including required filings.
   2. Maintain a strong internal control environment to protect organizational assets and prevent fraud.
   3. Ensure TMM’s financial policies and procedures meet regulatory and legal standards and reflect best practices.
3. Leadership & Departmental Management
   1. Manage and mentor the finance team, including an Associate Controller, Senior Accountant, AP Clerk, and Materials Handling Specialist.
   2. Set clear goals, develop performance metrics, and provide professional development opportunities for team members.
   3. Collaborate with the Associate Controller and Senior Accountant to ensure accurate and efficient financial operations and reporting.
4. Collaboration & Strategic Planning
   1. Work collaboratively with other department directors to align financial strategies with organizational priorities.
   2. Serve as a financial advisor to the executive leadership team on critical decision-making processes.
   3. Assist in developing long-term financial strategies that support TMM’s mission and vision.
5. Resource Stewardship
   1. Oversee all aspects of gift-in-kind financial accounting, including proper valuation, record-keeping, and reporting.
   2. Provide financial insights to optimize resource allocation across departments and support responsible, mission-aligned spending.

Qualifications

1. Bachelor’s degree in Finance, Accounting, Business Administration, or a related field (Master’s degree or CPA preferred).
2. Minimum of 10 years of progressive experience in financial management, including experience at a leadership level.
3. Proven experience in nonprofit financial management and knowledge of nonprofit accounting standards is highly desirable.
4. Strong knowledge of federal, state, and local tax regulations, including nonprofit-specific compliance requirements.
5. Demonstrated experience with financial audits and internal control best practices.
6. Excellent leadership, communication, and interpersonal skills, with the ability to work collaboratively with diverse teams.
7. Proficiency in financial software and Microsoft Office Suite, especially Excel.

Personal Attributes

1. Commitment to TMM’s mission of serving the homeless community.
2. High level of integrity and ethics, with a strong commitment to transparency.
3. Ability to navigate complex financial scenarios and provide actionable insights.