Maymont Foundation - Chief Financial Officer

Gilder Search Group; Richmond (VA); On-site; USD 120,000 - 180,000; Full time

Job summary

A historic estate in Richmond, Virginia, is seeking a Chief Financial Officer (CFO) to lead financial strategies and operations. The CFO will collaborate with the leadership team to enhance organizational sustainability and align financial goals with Maymont's mission. This role requires strong leadership, financial acumen, and the ability to inspire confidence among stakeholders.

Qualifications

• Minimum of 10 years relevant experience in non-profit or cultural institution preferred.
• Experience providing leadership to human resources with knowledge of employment law.

Responsibilities

• Develop and advance Maymont’s mission through financial and operational objectives.
• Oversee the annual audit, tax filings, and compliance with laws.
• Manage the organization’s insurance relationships and regulatory compliance.

Skills

Financial Planning

Communication

Project Management

Analytical Skills

Education

Bachelor’s Degree

Advanced Degree in Business

Tools

Blackbaud

Job description

Tagged: Client Opportunities - Finance & Accounting

Fahrenheit Advisors is assisting our client, Maymont Foundation, in the search for a Chief Financial Officer (CFO). Maymont is a 100-acre historic estate and park, located in Richmond, Virginia.

The Maymont Foundation is seeking a dynamic and results-focused Chief Financial Officer (CFO). As a key member of the senior leadership team, the CFO will work closely with the President/CEO, Board of Directors, and other stakeholders to develop and advance Maymont’s mission and overall strategy through financial, human resources, and business operations objectives. This position is a visible and collaborative leader both internally and externally with strong interpersonal, presentation, and relationship-building skills.

The CFO works closely with the President/CEO and Board of Directors as well as the senior leadership team and other stakeholders to develop the organization’s 3-5 year strategic plan and the alignment of annual operating plans with strategic goals. The position is a key driver for developing new initiatives aligned with the organization’s mission and goals, and manages the teams responsible for Maymont’s finance and accounting, human resources, risk management, and IT functions, as well as high profile community events and facility rentals. This position reports to the President and CEO.

Essential Functions:

Financial Strategy:

• Collaborate with President/CEO, Board of Directors, and senior leadership to set, implement, and monitor the organizational financial strategy including annual operating, capital and restricted project budgets
• Foster a business mindset across departments through collaboration on financial goals, strategies, and tactics to support organizational sustainability and alignment of activities with business strategy
• Monitor financial performance through regular reporting, analytics, and ongoing communication of KPIs providing insightful analysis and recommended alternatives, as appropriate
• Ensure maintenance of comprehensive accounting and finance procedures and policies documentation, internal controls, cross-training and plans to protect business continuity
• Lead treasury activities including cash management, line of credit activities, loan renewals, investment activities, and withdrawals as directed by the Finance Committee
• Regularly review financial procedures, processes and systems, and revise as needed to improve efficiency and usefulness for internal and external stakeholders
• Serve as a key support role to the Board of Directors, Finance Committee, and Executive Committee to ensure strong fiduciary governance
• Oversee the annual audit, tax filings, state/local business and charitable registrations

Business Operations:

• Provide strategic leadership to Maymont’s revenue generating areas and opportunities, including oversight to the community events and events sales teams
• Drive data-informed decision-making working collaboratively with senior leadership to anchor priorities and activities in a shared understanding of measurement tools and anticipated results.
• Work with senior leadership to enhance organizational strategy through expanded engagement with guests and supporters, increased brand awareness, and revenue growth
• Work closely with the Director of Special Events & Event Sales to formulate short- and long-term community events and event sales strategies aligned with Maymont’s strategic plan and goals
• Facilitate coordination with administrative and financial team on contracts and agreements, billing, insurance, permitting and other legal and administrative matters

Human Resources & Administrative Services:

• Work closely with the President/CEO and senior leadership to determine organizational workforce needs according to overall business strategy focusing on leveraging and aligning human capital with visitation and seasonality trends
• Oversee talent acquisition and retention by ensuring consistent best-practices in hiring and recruitment across departments
• Lead compliance efforts ensuring human resource practices follow applicable employment laws, internal policies, and best-practices
• Lead efforts to maintain market competitiveness in employee compensation and benefits through ongoing monitoring of internal and external comparisons, prioritizing adjustments as necessary
• Develop ongoing strategies for staff training and development to build capacity and align skillsets with organizational priorities
• Oversee the bi-weekly payroll process to ensure accuracy, funding, and compliance with laws and regulations
• Lead benefit administration negotiating annual renewals with outside vendors
• Partner with the Board of Directors and professional advisors including insurance, auditors, banks, legal, and other professional advisors to anticipate, mitigate, manage, and respond to risk and exposures
• Manage the organization’s insurance relationships including liability, property, and business insurance ensuring adequate coverage to current and future risk
• Manage and guide the organization’s regulatory and legal compliance
• Oversee internal contractual review process and ongoing compliance with contractual obligations

Information Technology and Digital Support:

• Work with internal IT staff and outside vendor to oversee management of network, hardware and software systems, and provide advice, consultation and support for business goals with technology
• Manage software, hardware and business machines to support business functions
• Work collaboratively with marketing, operations and content areas, as well as outside professionals to conceptualize, develop and maintain technology-based projects
• Provide support for integration of digital technologies into financial, human resource, marketing, development, customer service and programming activities

Core Competencies:

• Proven effective financial planning, control, and analysis in a complex operating environment
• Excellent verbal, written, and inter-personal communication skills and an ability to inspire confidence among peers and work cooperatively in a collaborative, fast-paced work environment
• Ability to provide timely and clear information, communicate complex concepts effectively, both verbally and in writing, and present to various stakeholders including the Board of Directors, donors, and community partners
• Ability to anticipate future consequences and trends accurately, with broad knowledge and perspective, and able to create competitive and breakthrough strategies and plans
• Strong project management, organizational, and leadership skills, including managing a team and overseeing vendors, suppliers, and consultants
• Advanced digital literacy including proficiency in systems and software supporting accounting, finance, data analytics, and human resources, with experience in Blackbaud preferred
• Strong attention to detail and organization with analytical and problem-solving skills
• Demonstrated ability to analyze outcomes and results and recommend and implement new policies and practices

Education & Experience:

• Minimum Bachelor’s Degree with advanced degree in business, non-profit management, accounting or related field preferred
• Minimum of 10 years relevant experience, non-profit or cultural institution preferred
• Experience providing leadership to human resources with knowledge of employment law and best- practices