Chief Financial Officer

Position Announcement

Chief Financial Officer

Location: Fort Worth, Texas

Reports to: President & CEO

Deadline: May 17, 2021

About North Texas Community Foundation

North Texas Community Foundation strengthens the community by helping donors make impactful charitable investments in the community they love – during and beyond their lifetimes. The Foundation holds $422M in assets and serves more than 250 local individuals, families and businesses.

About the Position

The Chief Financial Officer (CFO) will play a critical role in leading the financial functions of North Texas Community Foundation. Reporting to the President & CEO, the CFO will manage a team of three; partner with colleagues on the senior leadership team of three; and oversee budgeting, forecasting, reporting, financial analysis and accounting. The CFO will also be responsible for Investment Management, in conjunction with the President & CEO, Board of Directors and relevant committees of the Board. This is an exciting opportunity for an experienced, collaborative and results-oriented financial leader who is committed to our vision of strengthening our community and motivated by working with an organization experiencing significant growth and change.

Core Responsibilities

• Financial Management
• Develops financial strategy and models to support NTxCF’s mission
• Oversees all finance and accounting functions, including financial reporting, audits and tax preparation
• Works closely with the Board’s Audit Committee and Senior Staff
• Develops and manages dynamic financial and business planning models and metrics
• Manages and anticipates opportunities and challenges related to financial systems
• Establishes strong external relationships with auditors, attorneys, vendors, service providers and other financial entities
• Ensures all financial audits and related filings are completed on deadline and that NTxCF remains in good financial standing

Strategic Investment Management

• Reviews and monitors strategic investment strategies for the President & CEO and Board of Directors
• Directs and provides oversight of investment management activity, working closely with Investment Advisors, the Board’s Investment Committee and Senior Staff
• Serves as primary point of contact on all aspects of executing investment decisions approved by the Board of Directors
• Maintains records of all investments and is responsible for reporting investment performance to the Board
• Manages a team of four experienced team members across the Finance and Accounting functions
• Leads the team to achieve ambitious results while supporting a high standard of excellence, service delivery and accountability
• Builds team culture and supports team members’ learning and professional development

Organizational Leadership

• Provides strategic and financial guidance on all matters related to the President & CEO and various Board Committees
• Serves as a member of NTxCF’s Senior Leadership Team
• Partners with the Board and the Senior Leadership Team on key strategic issues and decisions, informed by rigorous financial analysis and risk assessment
• Contributes to an organization-wide culture of financial accountability that empowers leaders to take ownership of their team’s budget and financial needs

Required Skills and Competencies

The ideal Candidate will have the following qualifications:

• An MBA, CPA or both
• A minimum of 7-10 years of Senior-Level Financial Management and/or Investment experience in the non-profit or philanthropic sector
• Exceptional analytical skills, including financial planning, forecasting and modeling
• Demonstrated experience with banking and investment industries
• Proven financial systems literacy to evaluate and enhance current systems and processes
• Demonstrated team management and organizational leadership experience as a results-oriented leader who collaboratively develops data-driven, innovative and effective solutions
• Experience hiring and managing legal counsel and consultants
• Experience negotiating contracts, lease and general corporate agreements
• Familiarity with fund accounting and multiple giving vehicles in philanthropy, including trust and legacy gifts

Compensation

This position offers competitive compensation and excellent benefits, in line with the field of philanthropy.

How to Apply

To apply, email a cover letter, resume and list of three references (candidates will be notified in advance of any outreach to your references) to sninemire@northtexascf.org on or before 5:00 p.m. CST on May 17, 2021. Use the subject line: CFO Search. Submission via one combined PDF or Microsoft Word file is preferred. Resume review begins immediately.

Questions or Nominations?

Email sninemire@northtexascf.org

North Texas Community Foundation does not discriminate in employment opportunities or practices on the basis of race, ethnicity, religion, national origin, age, sex, sexual orientation, marital status, disability, or any other characteristic protected by law and is an employment-at-will company. NTxCF is an equal opportunity employer.