Chief Financial Officer

The Nautical Group; Winterville (NC); On-site; USD 150,000 - 230,000; Full time

Job summary

The Nautical Group, retained by Boys & Girls Clubs of the Coastal Plain, is leading the search for its next Chief Financial Officer. The CFO will serve as the senior financial executive, partner with the CEO and Board, and oversee GAAP-compliant financial operations, budgeting, audits, and grants management.

This hands-on, executive leadership role requires strategic thinking, strong accounting expertise in nonprofit environments, and the ability to build effective cross-functional relationships

Qualifications

• Bachelor's degree in Accounting/Finance or related field; CPA preferred.
• 8+ years of progressively responsible accounting and finance experience.
• 5+ years leading finance operations and supervising staff.
• Experience managing nonprofit accounting operations and audits.
• Ability to communicate financial concepts to non-financial audiences.

Responsibilities

• Provide financial leadership to CEO and Executive Leadership Team.
• Lead annual operating and capital budgeting and rolling forecasts.
• Oversee accounting operations: AP, AR, payroll, cash, fixed assets.
• Ensure GAAP compliance, internal controls, and audit coordination.
• Prepare financial reports for Board and Finance Committee.
• Manage grants and reporting; optimize financial performance.

Skills

Executive leadership

Financial analysis

GAAP knowledge

Budgeting & forecasting

Regulatory compliance

Education

Bachelor's degree in Accounting/Finance/Business

CPA preferred

Tools

Paycom

Sage Intacct

Martus

MIP Fund Accounting

Job description

The Nautical Group, an executive search firm, has been retained by Boys & Girls Club of the Coastal Plain to lead the search for its next Chief Financial Officer.

POSITION OVERVIEW:

The Chief Financial Officer (CFO) serves as the senior financial executive and strategic business partner to the President & CEO and Executive Leadership Team. The CFO is responsible for the overall leadership, strategic direction, financial stewardship, and operational management of the Finance Department, ensuring the long-term fiscal sustainability of Boys & Girls Clubs of the Coastal Plain.

This is a hands-on executive leadership position that combines strategic financial leadership with direct oversight of the organization’s accounting operations. Unlike larger organizations that maintain separate Chief Financial Officer and Controller positions, this role encompasses both executive financial leadership and operational financial management. Depending on organizational needs and staffing, the CFO may directly perform or oversee day-to-day accounting functions while ensuring strong internal controls, financial integrity, and operational excellence across the Finance Department.

The CFO fosters a culture of accountability, continuous improvement, and collaboration while building strong relationships with leadership, department managers, funding partners, financial institutions, auditors, and the Board of Directors to ensure sound stewardship of organizational resources.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Executive Leadership & Strategic Finance

• Serve as a member of the Executive Leadership Team, providing financial leadership and strategic guidance that supports organizational growth, sustainability, and mission impact.
• Serve as the organization’s principal financial advisor to the President & CEO, Executive Leadership Team, Finance Committee, and Board of Directors.
• Develop long-term financial strategies that align with the organization’s Strategic Plan and operational priorities.
• Lead financial modeling, scenario planning, and multi-year forecasting to support organizational decision-making.
• Evaluate financial opportunities and risks associated with new initiatives, capital investments, expansion efforts, and strategic partnerships.
• Develop financial performance measures and organizational dashboards that support data-driven decision making.
• Participate in organizational strategic planning and operational planning initiatives.
• Direct all accounting operations and ensure the timely preparation of accurate monthly, quarterly, and annual financial statements in accordance with Generally Accepted Accounting Principles (GAAP).
• Prepare and present financial reports, forecasts, and key financial indicators to the President & CEO, Executive Leadership Team, Finance Committee, and Board of Directors.
• Interpret financial results and provide meaningful analysis and recommendations to support executive and Board decision-making.
• Monitor organizational financial performance and recommend corrective actions as needed.
• Maintain an accurate general ledger and ensure timely month-end and year-end closing processes.
• Oversee all balance sheet reconciliations and financial reporting activities.

Budgeting, Forecasting & Financial Planning

• Lead the development of the organization’s annual operating and capital budgets in partnership with executive leadership and department leaders.
• Monitor budget performance throughout the fiscal year and provide variance analysis and financial projections.
• Develop rolling financial forecasts and long-range financial plans.
• Partner with department leaders to improve budget accountability and financial understanding throughout the organization.

Accounting Operations, Financial Stewardship & Internal Controls

• Provide leadership and oversight of all accounting functions, including:
• Accounts Payable
• Accounts Receivable
• Payroll oversight
• Cash Management
• Fixed Assets
• Develop, implement, and continuously improve accounting policies, procedures, and internal controls.
• Ensure appropriate segregation of duties and strong financial controls to safeguard organizational assets.
• Identify opportunities to automate and improve financial processes and reporting efficiencies.
• Maintain responsibility for the integrity of the general ledger, including direct involvement in accounting operations as needed.

Cash Management, Banking & Investments

• Manage organizational cash flow, liquidity, and working capital to ensure ongoing financial stability.
• Develop short-term and long-term cash flow forecasts.
• Maintain banking relationships and oversee all treasury management functions.
• Monitor investments, reserve funds, and debt obligations as applicable.
• Recommend strategies to maximize financial resources while minimizing organizational risk.

Audit, Compliance & Risk Management

• Serve as the primary liaison with external auditors and oversee completion of the annual financial audit.
• Coordinate preparation of audit schedules and supporting documentation.
• Ensure timely completion of IRS Form 990 and all required federal, state, and local financial filings.
• Ensure compliance with GAAP, Uniform Guidance, IRS regulations, state requirements, and nonprofit accounting standards.
• Monitor changes in accounting standards and regulatory requirements.
• Develop and maintain enterprise financial risk management strategies.
• Report significant financial risks, compliance concerns, or internal control issues to executive leadership and the Board as appropriate.
• Oversee all financial aspects of public and private grants.
• Ensure compliance with federal, state, and private grant requirements, including Uniform Guidance where applicable.
• Review grant budgets, reimbursement requests, financial reports, and allowable cost allocations.
• Partner with program leadership to maximize grant utilization and ensure fiscal compliance.
• Support development staff by providing financial information for grant applications and funding proposals.

Board & Executive Relations

• Prepare quarterly and annual Board financial reports, dashboards, and presentations.
• Present financial reports and recommendations during Finance Committee and Board meetings.
• Assist the Board in understanding organizational financial performance, trends, and strategic opportunities.
• Support Finance Committee activities as assigned by the President & CEO.
• Provide leadership, supervision, coaching, and professional development to Finance Department staff.
• Establish departmental goals and performance expectations aligned with organizational priorities.
• Foster a collaborative, customer-service focused Finance Department.
• Lead continuous improvement initiatives that increase efficiency, accountability, and service excellence.
• Promote cross-functional collaboration between Finance and all organizational departments.

Technology & Process Improvement

• Lead implementation and optimization of financial systems, reporting tools, and financial technology solutions.
• Develop dashboards and automated reporting tools that improve organizational visibility into financial performance.
• Evaluate opportunities to improve operational efficiency through technology and process redesign.

Stakeholder Relations

• Develop and maintain productive relationships with:
• Financial institutions
• Granting organizations
• Insurance brokers
• External consultants
• Represent the organization in financial matters with external stakeholders as assigned.

Additional Responsibilities

• Participate in organizational leadership meetings, strategic initiatives, and special projects.
• Attend Board of Directors and Finance Committee meetings.
• Support organizational fundraising initiatives through financial analysis and reporting.
• Perform other duties as assigned by the President & CEO.

MINIMUM QUALIFICATIONS

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field.
• CPA designation strongly preferred.
• Minimum of 8 years of progressively responsible accounting and finance experience.
• Minimum of 5 years leading finance operations and supervising professional staff.
• Experience managing nonprofit accounting operations.
• Demonstrated experience preparing and presenting financial information to executive leadership and governing boards.
• Strong knowledge of GAAP and nonprofit financial reporting requirements.
• Experience managing organizational budgets, forecasting, cash flow, and internal controls.
• Experience leading annual financial audits.
• Experience managing grant compliance and restricted funding.
• Advanced proficiency with Microsoft Excel and financial management software.
• Excellent analytical, organizational, and communication skills.
• Ability to communicate complex financial concepts to non-financial audiences.
• Ability to maintain confidentiality and exercise sound professional judgment.
• Must successfully complete all required background screening and drug testing prior to employment.

PREFERRED QUALIFICATIONS

• Master’s degree in Accounting, Finance, Business Administration, or related field.
• Certified Nonprofit Accounting Professional (CNAP) or similar credential.
• Experience with Boys & Girls Club organizations or other youth-serving nonprofits.
• Experience managing multi-location nonprofit organizations.
• Experience with federal grant compliance and Uniform Guidance.
• Experience implementing financial systems and reporting automation.
• Knowledge of nonprofit tax reporting, including IRS Form 990.
• Experience with Board governance and Finance Committee presentations.
• Experience using Paycom, Sage Intacct, Martus, MIP Fund Accounting, or similar ERP systems.

ENVIRONMENT & WORKING CONDITIONS

This position primarily works in an office environment with periodic travel to Club locations, community meetings, conferences, and Board meetings.

This position requires:

• Prolonged periods of sitting and computer work.
• Ability to occasionally lift up to 25 pounds.
• Ability to travel throughout the organization’s service area as needed.
• Occasional evening attendance at Board meetings or organizational events.

DISCLAIMER

This job description is intended to describe the general nature and level of work performed by employees assigned to this position. It is not intended to be an exhaustive list of all responsibilities, duties, and qualifications. Management reserves the right to revise or assign additional duties as organizational needs evolve.