Chief Financial Officer

About COL :

Center of Life is a 501c(3) nonprofit organization located in the neighborhood of Hazelwood in Pittsburgh, PA. Under the leadership of Center of Life's CEO, COL's programs focus on music and arts, athletics, education and community empowerment. Its mission is to provide families and youth with the life-skills, education, training, and resources necessary to be strong and to make their communities strong. Its vision is to empower and equip families to bring economic revitalization to their communities. COL believes that its objectives are best achieved by building sustainable partnerships locally, nationally, and internationally. Our foundational value is "everything is about people".

Job Description :

COL is seeking a competent and detail oriented financial professional with extensive nonprofit experience and excellent communication and relationship skills to provide financial oversight to the organization. This individual reports directly to the CEO and is part of the organization's leadership team. They are responsible for managing cash flow, providing financial guidance and statements to the Board of Directors at Board Meetings, and overseeing various audits. They will also play a significant role in the monitoring, supervision, and tracking of a capital campaign and construction campaign. This individual will be a vital part or the COL management team and will supervise 1-2 staff members.

Essential Job Functions

The Chief Financial Officer is responsible for all aspects of financial management and will oversee the following key functions.

Income Management

Track all revenue that the organization receives including, foundation grants, corporation grants, individual gifts, government grants, fee for service contracts, and tax credits. This will require working collaboratively with the Development Director.

Expense Management

Track and approv e all expenses and liabilities inc luding, salaries and wages, employee benefits, fixed costs, unrestricted and restricted grants / deferred revenue and discretionary expenses. This will require working collaboratively with the Director of Development, Director of Operations, and Program Managers.

Cash Flow / Budget / Forecasting Management

Manage and track the organization's budget and cash flow and provide timely reports to the CEO and Board of Directors. This includes, but is not limited to, preparing financial statements (Including - Statement of Activities, Statement of Financial Position, Statement of Cash Flows, Fixed Assets, Budget vs. Actual, etc.). Additionally, the CFO will provide budget forecasts and data analysis to guide decision making for a budget that is currently $3 Million.

Compliance / Audit Management

Develop financial and audit statements that ensure the organization is in financial and regulatory compliance. This includes annual financial a udit p reparation and processing , federal compliance with IRS (990's / BCO-10), state and local compliance e.g. business privilege tax, overseeing w orkers c ompensation and compliance audit, monitoring of unemployment compensation claims, etc.

Capital Campaign / Construction

The CFO will play a key role in the accounting of capital contributions made as part of a multi-million dollar campaign. In addition, they will monitor and account for expenditures related to the construction of a $45 million dollar facility.

Desired Experience / Knowledge

The Chief Financial Officer will need to possess the following background.

• 5-10 Years of nonprofit financial management experience
• 3-5 Years of managing audit compliance
• Ability to provide data and financial analyses / forecasts
• Prior supervisory experience
• Bachelor's Degree in Accounting or Financial Management. Masters degree preferred with relevant training and certificates to accompany.
• CPA Preferred but not required.
• Proficiency in Quickbooks, Excel, and Word.