Chief Financial Officer

WaterAid America
  • Location
    New York, New York
  • Sector
    Non Profit
  • Experience
    Mid Career / Advanced
  • Apply by
    Mar-31-2017
  • Posted
    Feb 27

Position description

The fact that 1 in 10 people in the world today don't have clean water is an outrage, and we need you to help change that. We're the #1 international nonprofit exclusively focused on clean water, hygiene and sanitation, and there are 650 million reasons we do what we do. That daunting figure is the number of men, women and children who have yet to see, taste and enjoy safe clean water.

This is an excellent opportunity to join the world's leading NGO dedicated to water, sanitation and hygiene education, while doing your part to stop a neglected killer that steals more lives than malaria and AIDS combined.

Job Purpose:

The Chief Financial Officer (CFO) will play a critical role in overseeing WaterAid's business functions and guiding its strategic growth and business processes. The CFO is responsible for all financial and fiscal management aspects of WaterAid America's operations. The position is based in New York City and requires limited (10-15%) travel.

The role requires a problem-solving leader with strong influencing, communication and interpersonal skills, and the flexibility to think and act across multiple levels of the organization simultaneously. The ideal applicant will be highly motivated and energetic, demonstrate a commitment to honest and ethical practices, able to find appropriate solutions for a growing organization, and able to work effectively with diverse cultures and adapt personal style to get the best out of others. We desire someone with enough experience in a similar role to be able to identify the potential for long-range problems—and solutions—and to provide organizational leadership in addressing them.

As a member of WaterAid's Global Finance Executive, the CFO serves as WAA's advocate and representative, contributing to setting financial standards and practice across the federation.

Reporting to the CEO and serving as a key member of the Leadership Team (CEO, Director of Strategic Partnerships, Director of Policy and Advocacy and Regional Representative for LAC) the CFO will direct the business side of the organization.

Specifically, the CFO will lead in the following areas:

Financial Leadership, Planning and Management

  • Define the organization's financial strategy in three year increments, manage financial reporting (revenue and expense), and communicate financial requirements and implications of business decisions to Leadership Team, CEO and Board
  • Develop and lead the annual budget process; monitor budget implementation and provide high quality and timely reporting and analysis accessible to staff and Board members with varying levels of financial expertise and experience
  • Work closely with Fundraising Team to have accurate revenue forecasts and pipeline; include revenue with expense to have complete financial picture
  • Manage cash flow to country programs
  • Develop a financial strategy to build cash reserves
  • Oversee the approval and processing of revenue, expenses, the general ledger; account maintenance and data entry
  • Lead and manage the annual external audit in the US and support country audits
  • Analyze cash flow, cost controls, expenses and investment; provide guidance and analysis to ensure accuracy and credibility of monthly and quarterly spend estimates
  • Benchmark insurance, IT, banking, and other providers annually and change vendors when appropriate
  • Update and revise the Chart of Accounts when needed
  • Ensure accounting system is fit for purpose and meets business needs
  • Ensure compliance with all regulatory tax filing and audit requirements, including federal lobbying requirements;
  • Implement and improve adherence to fiscal policies and procedures (internal controls);

Operations, Risk and Compliance

  • Ensure proper operational controls, administrative, and reporting procedures to meet operational and financial targets
  • Effectively manage banks, suppliers and other financial relationships
  • Review major grants and agreements
  • Oversee IT
  • Maintain continuous lines of communication, keeping CEO informed of all critical issues
  • Develop key performance indicators for tracking financial progress
  • Oversee and guide grants management, strengthen monitoring of cost recovery, financial reporting and contract compliance.
  • Work with Strategic Partnerships Team to ensure high-quality reporting of funder-specific budgets and reports in compliance with diverse donor requirements (foundations, bi-lateral and multi-lateral donors);
  • Lead a cost-recovery initiative, guide the development of cost-recovery policies
  • Maintain constructive working relationships with stakeholders and partners to enhance financial processes related to restricted income and program expenses
  • Ensure the completion of quarterly desk audit reviews of LAC programs and adherence to internal controls;
  • Oversee the implementation of fiscal policies and procedures
  • Protect the organization by ensuring it is legally protected, and properly insured and by ensuring compliance with all applicable laws and policies
  • Ensure that Global Standards are implemented and practiced
  • Establish internal control processes to protect fiscal and physical assets and ensure compliance with GAAP. Support Leadership Team in risk analysis and active discussions and updates of risk register.
  • Create and implement a financial risk management policy
  • Support in internal audit, health/safety/security program and respond to any internal audit findings

Team Leadership:

  • Lead a small but high-functioning multidisciplinary team of three finance, operations and administrative staff and support finance staff in LAC country programs.
  • Contribute as a key member of the Leadership Team (LT), acting as a strategic leader in matters related to overall organizational performance and
  • Demonstrate leadership and high level contributions in the WaterAid international Global Finance Executive
  • Liaise with the global counterparts within the WaterAid international federation regarding strategic financial planning, management and oversight to ensure that WAA meets WAi accreditation and any other inter-member requirements

Qualifications

  • Master's degree in finance, accounting, business or equivalent experience; CPA preferred.
  • 10+ years of senior finance and accounting experience, with several years in an international development organization operating in multiple countries; non-profit financial experience essential
  • Experience managing a finance team as well as other business functions, (IT, HR, Legal, etc.)
  • Demonstrated track record collaborating with senior leadership, board members, and other key internal and external stakeholder groups
  • Experience in strategic business planning and execution, contracting, negotiation, and change management
  • Experience in implementing internal systems for budget development, cost controls, and long-range financial forecasting;
  • Ability to analyze financial data and prepare financial report, statements, and projections as well as communicate them to non-financial audiences is essential
  • Desire to work in a highly collaborative environment with a focus on producing work of excellence and influence, comfortable working with staff regardless of position or hierarchy;
  • Strong interpersonal and communication skills with proven ability to lead, develop, and mentor staff during organizational development and transitions;
  • Proficiency/ experience with Adagio, SUN Systems and/or QuickBooks.
  • Ability to travel domestically and internationally with varied work hours, including some evening and weekend commitments;
  • Spanish proficiency preferred.

Application instructions

Please email with your CV and cover letter and use "CFO" as the subject line.

*Please be sure to indicate that you saw this position on Globaljobs.org*

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