Position: Chief Financial Officer (full-time, remote in OR, WA, CA or HI)
Background on SFP: Founded in 2006, Sustainable Fisheries Partnership (SFP) is a marine conservation organization working toward a world where the oceans are healthy, all seafood is produced sustainably, and everyone has access to sustainable seafood. We leverage the power of seafood buyers and retailers in every part of the seafood supply chain to rebuild depleted fish stocks, reduce the environmental impacts of fishing and fish farming, address social issues in fishing, and advance economic opportunities for fishers and their communities. Our Supply Chain Roundtables (SRs) allow seafood suppliers to work together in a pre-competitive environment to promote and support improvements in fishery and aquaculture practices, management, and policy. Visit us at www.sustainablefish.org and follow us on Facebook, Twitter, and LinkedIn.
Employee Position Summary:
SFP’s growth requires a continued evolution of roles & responsibilities. With that in mind, the CFO position is designed to strategically and functionally strengthen the organization. The CFO is expected to provide new capabilities in: strategic planning; fee-for-service accounting; for-profit activities planning and spinoff; and meeting a growing number of development agency related requirements, while bolstering existing Finance & Accounting and Operations capacity and effectiveness. The CFO will play a leading role in assessing needs, improvement, or replacement, of systems, software and tools, as well as in proposing structural changes necessary to best position SFP for the future.
The CFO reports to the COO, participates in strategic planning for the organization, and is responsible for target setting and management of Finance & Accounting, HR, Contract Administration, and IT. The CFO will be supported by an experienced Finance Director, to whom many aspects of traditional CFO responsibilities, such as financial operations, budgeting and reporting, have been delegated. This will allow the CFO the ability to focus on strategic and priority initiatives. We are looking for someone with strong finance & accounting, and operational and strategic planning skills to help SFP plan for, and implement its conservation mission.
Key Responsibilities and Activities:
Strategic Planning & Priority Initiatives (45%)
- Establish and sustain financial and operational direction for the organization to ensure continued growth and sustainability.
- Advise and collaborate with senior leadership to advance long-term financial strategy and institutional priorities, including corporate governance.
- Lead, participate in, or provide strategic support for priority initiatives, such as
- Lead needs assessment, search, procurement, and implementation of comprehensive accounting and financial reporting system(s) (e.g. time tracking, expense reporting, budgeting, etc.) that provides a timely financial reporting tool for division heads, program leaders, and the COO and CEO.
- Participate in needs assessment, search, procurement, and implementation of a replacement project reporting system.
- Participate in the design and development of accounting systems, policies and procedures for a for-profit start-up/spinoff from SFP’s nonprofit financial operations.
- Adapt current financial practices, procedures, policies, and reporting to better align with and support the requirements of Development Agency funders.
- Lead directors in identifying strategic needs and vision for operations resources (e.g. systems, software, staff structure), and participate in research, negotiations, and implementation as needed.
General Management (30%)
- Lead, motivate, mentor, and coach the Finance and Operations teams (Finance & Accounting, HR, IT, Contract Administration) to ensure they are well-managed, meeting objectives, serving the organization’s current needs, and positioned to meet future needs.
- Develop and direct implementation of Finance and Operations strategies, objectives, and annual work plans.
- Oversee and assess the effectiveness of operations resources (finance & accounting, time tracking, expense reporting, etc.) and other systems and tools to ensure alignment with strategic needs and vision.
- Review, prioritize and improve existing or proposed practices, procedures, and policies associated with Finance and Operations functions, especially considering those that impact the organization at large.
Financial Oversight, Budgeting, Reporting, and Compliance (25%)
- Engage with the CEO, COO, Finance Director, and division directors to create and manage budgets and financial plans.
- Oversee the Finance team’s work between the Development team and Programs division directors with regards to preparing budget proposals and donor reports, and evaluating new funding opportunities.
- Work with the Advisory Services Director to design, plan and budget long and short-term requirements of SFP’s fee-for-service operations.
- Work with the Finance Director to establish, maintain and ensure that best-practice financial controls and audits, tax reporting, policies, procedures, and documentation are implemented (i.e., GAAP and applicable federal, state, and local regulations.
- Oversee preparation and presentation of timely and accurate analysis of financial statements, budgets, financial trends, and forecasts, and provide regular reports of the organization’s financial status and health to SFP’s senior leadership.
- Together with the Finance Director, engage with relevant board committees (Finance & Development Committee and Audit Committee) to provide regular reports to the Board on SFP’s financial status and health, including short and long-term cashflow/financial outlook, tax issues, financial sustainability, etc.
- Work with the Finance Director to manage current and projected cashflows, maintain appropriate safeguards associated with cash management, reserve accounts, and future investment portfolios.
- Supervise and provide leadership for direct-reporting positions and related teams:
- Finance Director (and a team of 6)
- HR Director (and a team of 2)
- IT Director (and a team of 1)
- Contracts Administrator
Essential Qualifications and Skills:
- BS or equivalent in Accounting or Finance, or an MBA
- CPA or CMA
- At least fifteen (15) years of professional experience in management, finance, and operations of a high-growth company or organization
- At least seven (7) years of nonprofit finance & accounting experience
- Strategic thinker with strong leadership skills
- Experienced in development agency grant accounting requirements and audits
- Experienced in for-profit accounting
- Experience with financial accounting software
- Extremely strong financial and evaluation skills
- Experienced in planning and managing organizational change in a highly entrepreneurial organization.
- Excellent interpersonal skills, coupled with strong English language written and oral communication, and experience collaborating in a multi-disciplinary, diverse, and dynamic team.
- Personal qualities of integrity, credibility, and a commitment to SFP’s mission.
- Flexibility to effectively balance independent initiative with team collaboration
- Ability to work within a framework of responsibilities, objectives, and deadlines without (or with limited) in-person supervision
- Ability to work comfortably and effectively in a mostly or fully online environment: work-from-home arrangements, strong practical knowledge of productivity software and/or platforms (i.e., Word, Excel, email & other common business communication tools), ability to learn new technology with ease, etc.
- Cultural awareness to work and communicate effectively with diverse colleagues
- Scheduling flexibility to facilitate interactions with globally dispersed colleagues
Additional/Desirable Qualifications and Skills:
- Experience with for-profit start-ups, budgeting, accounting, legal, and tax issues.
- Experience working for a global organization, across varied cultures and time zones.
- Experience in project reporting, and with project management systems.
Level of Effort: This is a full-time employee position. Level of Effort is expected to be 40 hours per week. The anticipated start date is 3 October 2022.
Compensation: $140,000 – $160,000/year, based on experience & qualifications
Application: The deadline is 31 August 2022. All inquiries will be kept in the strictest confidence.
Qualified candidates should submit the following via our posting on www.idealist.org:
- Letter of interest that includes the following:
- explain why you want this job & what drives you
- describe what conditions make you a success
- share your approach to navigating complexity
- help us understand what motivates & demotivates you