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Ohio Means Jobs Cleveland Cuyahoga County is sourcing for a Chief Financial Officer position for a local non-profit organization.  Position Summary The Chief Financial Officer (CFO) is responsible for leading, planning and overseeing all financial and fiscal management aspects of the organization's operations including directing the overall accounting, finance treasury, information technology, risk and liability management fora not-for profit corporation. The CFO is a highly skilled and strategic leader who works with President & CEO and senior management to develop and plan the financial goals, objectives and strategies of the organization. Serving on the CEO's senior leadership team, the CFO plays a pivotal role in ensuring financial stability, facilitating growth, and effectively navigating the dynamic nonprofit environment. The CFO's expertise is essential in driving financial strategies, supporting progressive endeavors within the organization, managing resources, building financial sustainability, and prudent fiscal management to safeguard and steward the organization's assets in alignment with Mission, Vision and Values. Essential Job Responsibilities Financial Strategy and Planning • Provide financial information and support to the President & CEO and the Board in the formulation and execution of financial strategies that align with the organization's mission, vision, values • Lead the annual budgeting process, working closely with senior leaders to develop realistic and accurate financial plans • Prepare financial statements and analyze financial performance, identify areas for improvement, and recommend strategies to optimize revenue generation, cost control, and operational efficiency. • Prepare forecasts for business growth and general economic outlook • Monitor financial indicators and market trends to identify potential risks and opportunities, ensuring proactive decision making to adapt to market changes • Create long range financial plans for fulfilling operating and capital budget needs based on strategic plans and initiatives. Financial Management and Reporting • Oversee all financial activities and personnel including accounting, budgeting, revenue cycle, financial analysis, and reporting • Create and implement policies and procedures for the accounting/finance department in order to streamline workflows, improve efficiencies, and stay in compliance with federal regulations, and Generally Accepted Accounting Principles (GAAP) • Ensure financial statements are prepared in accordance with GAAP, and oversee the preparation of the annual audit and the Form 990 • Establish robust financial internal controls, policies, and procedures to safeguard assets, ensure compliance with regulations, and maintain accurate financial records • Provide accurate and timely financial reports, statements, and analysis to inform senior leadership and the Board of Directors on the organization's financial health, performance and risks • Collaborate with external auditors, government agencies, and funding sources to ensure compliance, optimized revenue cycle, and transparent financial reporting Resource Optimization and Sustainability • Optimize resource allocation by assessing priorities, evaluating the effectiveness of the systems, and identifying opportunities for cost savings and/or revenue expansion without compromising service quality • Complete financial analyses of organizational cash flow, investment strategies, banking relationships, debt management, etc. • Drive initiatives to enhance revenue cycle management, billing practices, and reimbursement strategies • Manage cash flow forecasting for cash needs and maintain appropri