Chief Financial and Operations Officer (CFOO)

The Shul of Bal Harbour
Job Title: Chief Financial and Operations Officer (CFOO)
Job Description:
Position Overview:
The Chief Financial and Operations Officer (CFOO) will oversee and manage all financial activities, strategic planning, and back-office operations for the Shul, ensuring efficient financial management and operational support to maintain and grow the organization’s mission. This role will be key in supporting the Shul's leadership and clergy, fostering the growth of the community and its institutions, including the pre-school, college, and other programs.
The CFOO will serve as the primary financial strategist and will manage the financial operations of the Shul, including budgeting, accounting, reporting, and financial analysis. In addition, the CFOO will be responsible for overseeing the back-office staff and ensuring smooth administrative operations, which support the Shul's day-to-day activities, pre-school, college, and community programs.
Key Responsibilities:
Financial Management:
•Financial Reporting: Prepare and present accurate and timely financial statements, reports, and forecasts to the Shul's leadership and board.
•Budgeting: Develop, monitor, and manage the annual budget for the Shul, pre-school, and college, ensuring alignment with the organization’s goals and financial sustainability.
•Cash Flow Management: Monitor and manage the Shul's cash flow, including revenue from donations, tuition, and events, and expenses related to operations, staffing, and programs.
•Strategic Planning: Work closely with the Shul’s leadership to develop long-term financial strategies to support the continued growth of the community.
•Audit and Compliance: Ensure adherence to financial regulations, tax filings, and compliance with relevant laws. Coordinate audits and liaise with external auditors when necessary.
•Donor and Grant Management: Oversee the management of restricted and unrestricted funds, including grants and donations, ensuring accurate tracking and reporting.
Operations and Administrative Oversight:
•Back-Office Management: Direct and manage the back-office staff responsible for payroll, human resources, accounting, and general administration.
•Staff Development: Provide leadership, mentorship, and performance management to back-office personnel, promoting a collaborative and efficient work environment.
•Technology Oversight: Ensure that appropriate technology and systems are in place to support financial management, communication, and operational efficiency.
•Event and Program Support: Support logistical and operational aspects of community events, programs, and activities organized by the Shul.
Strategic Planning:
•Growth Initiatives: Collaborate with the Shul's leadership to develop financial models and operational plans for future growth initiatives, including the expansion of educational programs, building renovations, or other community projects.
•Risk Management: Identify potential risks (financial or operational) and develop strategies to mitigate them.
Qualifications:
•Education: Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. A Master’s degree or CPA is preferred.
•Experience: Minimum of 7-10 years of experience in financial management, operations, or a similar leadership role, preferably within a non-profit, educational, or religious institution.
•Leadership: Strong leadership and managerial skills with the ability to lead a diverse team and work collaboratively with clergy and community leadership.
•Technical Skills: Proficiency in financial management software (e.g., QuickBooks, Sage) and advanced Excel skills. Familiarity with donor management and accounting systems is a plus.
•Communication: Excellent written and verbal communication skills, with the ability to present financial information clearly to non-financial stakeholders.
•Interpersonal Skills: Ability to engage effectively with staff, clergy, community members, and donors.
•Strategic Thinking: Demonstrated ability to think strategically and develop long-term financial plans to support organizational growth.