Volunteer Chief Financial Officer (CFO)
Location: Jersey City, New Jersey
Type: Volunteer (Unpaid)
Organization: MedicZero
About MedicZero:
MedicZero is a New Jersey-based nonprofit dedicated to reducing health outcome inequities and increasing cardiac arrest survival rates by providing free CPR trainings and other emergency medical trainings. Having trained over 7,500 individuals in New Jersey, MedicZero is expanding its reach throughout the state and forming strategic partnerships to further its mission. We are looking for a passionate individual looking to expand their background and experience in non-profit management to help us achieve our mission.
Position Overview:
The volunteer Chief Financial Officer (CFO) will play a pivotal role in shaping and executing the financial strategy of MedicZero. This volunteer position is essential for ensuring the financial health and sustainability of the organization, driving financial planning, and supporting our growth and mission. The ideal candidate will have a background in financial management, strategic planning, and team leadership, preferably within the nonprofit sector.
Key Responsibilities:
· Financial Strategy and Planning: Develop and implement financial strategies to ensure the long-term sustainability and growth of MedicZero.
· Budgeting and Forecasting: Oversee the preparation of annual budgets, financial forecasts, and long-term financial plans. Monitor and report on financial performance against these plans.
· Financial Management: Manage all financial operations including accounting, budgeting, forecasting, and reporting. Ensure compliance with GAAP and other relevant regulations.
· Grant Management: Oversee the financial aspects of grant management, including sourcing, writing, budgeting, reporting, and compliance. Work closely with the grants team to secure and manage funding.
· Fundraising: Collaborate with the fundraising team to develop and execute strategies for diversifying revenue streams, including donor engagement, corporate partnerships, and grant writing.
· Financial Reporting: Prepare and present accurate and timely financial reports to the Board of Directors and key stakeholders.
· Risk Management: Identify and manage financial risks, ensuring robust internal controls and risk mitigation strategies are in place.
· Team Leadership: Lead and mentor the finance team, fostering a culture of accountability, continuous improvement, and professional development.
· Business Development: Engage in business development activities with potential clients, identifying and securing opportunities for partnerships and funding.
· Operational Efficiency: Identify and implement process improvements to enhance operational efficiency and effectiveness within the finance function.
Qualifications:
· Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
· Experience in financial planning, budgeting, and analysis.
· Strong knowledge of nonprofit accounting standards and regulations.
· Proven track record of securing and managing grants and fundraising initiatives.
· Excellent communication, presentation, and interpersonal skills.
· Strong leadership and team management abilities.
· High level of integrity, professionalism, and attention to detail.
· Proficiency in financial management software and tools.
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Job Type: Part-time
Pay: $10.00 per hour
Expected hours: 10 – 15 per week
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Work Location: Remote
