Senior Vice President for Finance (CFO)
RBC Ministries - Grand Rapids, MI

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RBC MINISTRIES JOB POSTING

Job Title: Senior Vice President for Finance (CFO)

Job Code: Exempt

Reports to: President/CEO

Work Team: Executive/Finance

Position Summary:

Assume a strategic role in the overall management of the Ministry’s global work. Primary day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the Ministry.

Essential Functions and Responsibilities:

1. Responsible for the Ministry’s overall (global) financial strategy, plans and policies along with its accounting practices and the conduct of its relationship within each country's financial community.

2. Directs and maintains the financial philosophy, guidelines, and policies/procedures for the global work of RBC.

3. Serves RBC's executive leadership with controls that provide timely analysis, projections and counsel relative to financial strategy, plans, current status & health of financial revenue and expense performance, investments, etc. Assures effective & timely financial reporting and management tools/systems. Provides leadership in the development for the continuous evaluation of short and long-term strategic financial objectives.

4. Direct and oversee all aspects of the finance & accounting functions of the Ministry.

5. Establish and maintain strong relationships with other senior vice presidents and executives so as to identify their needs and seek full range of ministry and financial solutions.

6. Provide Executive Management with advice on the financial implications of Ministry activities.

7. Manage processes for financial forecasting, budgets and consolidation and reporting to the Ministry.

8. Provide recommendations to strategically enhance financial performance and viability vis-à-vis ministry opportunities.

9. Ensure that effective internal controls are in place and ensure compliance with non-profit accounting standards and applicable regulatory laws and rules for financial and tax reporting.

10. Oversee finance directors in providing and directing procedures and systems necessary to maintain proper records and to afford adequate accounting controls and services.

11. Appraise each RBC global entity's financial position and oversee periodic financial and operating reports. Direct and coordinate the establishment of corporate budget planning and control programs.

12. Propose policies for the establishment and maintenance of inventory levels for raw materials, supplies, material-in-process, and finished goods.

13. Oversee all aspects of the Ministry's asset risk management including insurance program in coordination with the Senior Vice President for Ministry Services.

14. Review and participate in approving all major contracts that have a financial impact on RBC Ministries (including contracts for legal services when necessary).

15. Oversee as the President of the RBC Ministries Foundation - its investments (in accordance with RBC investment policy), annuities and other trust arrangements.

16. Assist the President / CEO and the Executive Management team with various overall business decisions as they pertain to the operations of RBC Ministries.

17. Has specific responsibility for assuring that the necessary and appropriate accounting and statistical data for all departments of the ministry are provided as needed.

Study or Knowledge and Experience Requirements:

Bachelor’s Degree in Finance or Accounting.

Ten years experience in finance and accounting, including five years experience as a CFO or management role in the application of business finance.

Experience in a not-for-profit organization is preferred.

International Finance experience desired.

RBC Ministries - 16 months ago - save job - block
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