!NEW! Chief Financial Officer (CFO) - contingent
About the role
Position Summary
MCD Global Health has entered a period of significant growth and seeks a Chief Financial Officer who will strategically scale-up financial operations to meet the increasingly complex needs of the newly expanded organization. The CFO will report directly to the President & CEO and serve as a member of the Executive Leadership Team. The CFO will ensure that the organization is compliant with all fiduciary, legal, and statutory requirements and has the proper internal controls, processes, and systems in place to effectively manage the organization and mitigate risks and contribute to the achievement of the mission. The CFO will serve as the primary staff liaison to the Board of Directors’ Finance Committee. The CFO will manage a Finance team of seven.
Essential Job Functions
Financial Planning & Analysis
- Set the long-term financial direction for the organization and model the cost of ongoing and future programs and operations, with a particular focus on treasury management. Support decision-making by providing insight into MCD’s financial performance and future outlook.
Budgeting and Forecasting
- Ensure transparency, accountability, and proper budget management. Lead the annual budgeting process through Board of Directors’ approval. Oversee the twice annual budget reforecasting process.
Financial Reporting and Grant Management
- Prepare monthly financial statements as well as budget reports for all project and overhead accounts, making sure that funds are spent as per donor intent. Ensure timeliness, accuracy, and usefulness of regular and ad hoc financial information provided to staff members, Board of Directors, funders, and regulatory agencies. Work closely with programs staff to ensure that MCD’s projects achieve >90% of spending to budget/forecast.
Compliance and Risk
- Ensure that MCD follows U.S. Government/IRS and donor regulations. Manage annual external audit and submission of the Form 990. Periodically review and update financial policy, procedure, and controls to maximize effectiveness and mitigate risk. Work together with the Chief Operating Officer to ensure programs are compliant with national, state, and local regulations in all jurisdictions where MCD Global Health operates, both domestically and internationally.