Society for Science & the Public
Washington, District Of Columbia
Field of Interest
Founded in 1921, Society for Science & the Public is a non-profit 501(c) (3) membership organization headquartered in Washington, D.C. The Society's mission is to engage the public in science. Our vision is to promote the understanding and appreciation of science and the vital role it plays in human advancement: to inform, educate, and inspire.
SSP, with approximately 65 staff members, is best known for its world class science competitions including the Intel Science Talent Search, the Intel International Science and Engineering Fair, and the Broadcom MASTERS. SSP also owns a family of media properties, including the award-winning magazine Science News.
Society for Science & the Public (SSP) seeks a seasoned Chief Financial Officer to guide its financial activities, policy and direction while also being an active participant in the organization's overall strategy. S/he will lead all financial administration, business planning, and budgeting while providing leadership and implementing financial strategies consistent with SSP's strategic plan, resulting in financial success for the organization.
As a member of the senior leadership team, the CFO reports directly to the CEO/President of SSP and will work closely with a motivated and engaged finance and audit committee of the SSP Board of Trustees.
The ideal candidate will be a seasoned and mature leader with at least ten years of broad finance experience, significant experience gathering and evaluating financial information, making actionable recommendations to senior leadership and leading implementation teams to turn agreed upon recommendations into reality. S/he will ideally have experience managing finance (accounting, budgeting, control, and reporting) for a national nonprofit. The top candidate will demonstrate an alignment with SSP's mission and a commitment to supporting that mission: advancing public understanding and engagement in science.
Primary Responsibilities - Financial Management and Oversight
- Operate and maintain the financial programs and supporting information systems of the organization. This includes oversight of all related management activities executed in furtherance of the organization's financial objectives.
- Ensure that SSP and staff maintain financial record systems in accordance with Generally Accepted Accounting Principles, and monitor the use of all funds to ensure they are spent in accordance with any donor restrictions or management strategic plans.
- Monitor day-to-day cash and investment operations, ensuring policies and practices are in place to maximize cash flow and interest earnings on excess cash.
- Oversee the review and approval process, as well as the documentation for all revenues, expenditures, and other financial control mechanisms. Ensure compliance with all federal, state and local financial and other reporting requirements. This will include filing of all needed tax documents.
- Develop (as needed) and implement all financial, accounting, payroll, billing and auditing procedures.
- Review, develop, and implement improvements to SSP's automated financial management systems (real-time budgeting, invoicing, etc.) towards a goal of a seamless interface with leadership, staff, sponsors and donors.
- Oversee and maintain all required donor and contract reporting documents.
- Establish and maintain appropriate internal control mechanisms.
- Develop and manage processes for the development of the SSP annual budget, collaborating with senior SSP management under the overall direction of the CEO/President.
- Serve as the primary contact with auditors.
- Oversee the banking and investment relationships of the organization. This will include the development of reporting mechanisms and maintaining relationships with applicable bank and investment consultants.
- Manage relationships with all insurance brokers for the organization and staff.
- Review all contractual documents (vendors, real estate, employee, freelance, etc.) being considered by the organization, including oversight of necessary outside legal advice as needed.
- Oversee issues of trademark, copyright and copyright infringement, including pursuing legal options for copyright violations.
Primary Responsibilities - Strategy and Leadership
- Assist in the development of short and long range senior management operating goals, policies and operation procedures. Once established, assess the organization's performance against short / long term goals as well as the organization's budget, and establish and measure financial benchmarks for the organization.
- Set the organization's tone, in conjunction with the CEO/President, to ensure all financial policies and procedures are properly implemented and adhered to by all SSP staff.
- Advise, inform, and hold accountable senior management on matters affecting financial planning, results and reporting.
- Participate actively in all planning and policy-making committees, as requested by the CEO/President.
- Interact with senior managers and provide the CEO/President and the Board with financial management information, analyses, reports and recommendations. Present this information as required.
- Serve as the financial liaison to the Board of Directors and primary staff liaison to the Finance and Audit Committees and effectively communicate and present critical financial matters at all governance meetings.
- Supervise and mentor all staff within the Finance Department and ensure effective performance measure objectives are set for each member of the department.
- Maintain relationships with outside financial institutions and investment advisors. Work with outside investment advisors and the Investment Committee of the Board to develop appropriate Investment Guidelines for investment and reserve funds and ensure asset allocations are in accordance with established investment policy guidelines.
- Analyze new business initiatives to provide insight to the CEO/President and senior management team.
- Bachelor's degree and CPA designation required. Master's degree in business administration, management or relevant degree encouraged.
- At least ten years of proven finance and management experience with the day-to-day financial operations of an organization with more than 60 employees.
- Extensive experience in nonprofit financial and tax reporting, including related to publishing.
- Experience in real estate accounting negotiations, practices and management desired.
- Demonstrable ability to create financial models, including discounted cash-flow and forecasting.
- Understanding of compliance issues and best practices with nonprofit ranking groups, including Charity Navigator and Guidestar.
- Strong analytical skills and experience transforming a strategic vision into an operational model as well as working with all staff to create appropriate goals, action plans and key performance indicators that will measure the performance of achieving those stated goals.
- Strong oral and written communication skills. Ability to communicate and present results to different audiences at various levels throughout the organization.
- Collaborative and flexible leader, with a strong commitment to developing best accounting practices at both the staff and organizational levels.
- Hands-on manager with integrity and a desire to work in a dynamic, mission-driven environment.
- Team player committed to enabling the success of the organization's programs and publications.
Send a cover letter, resume, and salary requirements to email@example.com. No phone calls please.
To learn more about Society for Science & the Public, please visit www.societyforscience.org.
September 2, 2014