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Chief Financial Officer

Company: World Challenge, Inc.
Location: Colorado Springs
Posted on: June 19, 2022

Job Description:

SnapshotDenomination: Non-DenominationalLocation: Colorado Springs, ColoradoThe Role: Chief Financial OfficerMeet World Challenge Inc.:World Challenge, Inc. was founded by Reverend David Wilkerson in 1971 and served as a corporate umbrella for his worldwide crusades, ministers' conferences, book and tract publication, video production, street evangelism, literature distribution, church planting, drug and alcohol rehabilitation centers, and many charitable outreaches. Today, World Challenge Inc. shares the message of the gospel through mission outreaches and literature distribution. Sermons from David Wilkerson and his son Gary are shared monthly through the Pulpit Series newsletter to hundreds of thousands of people. The numerous mission outreaches of World Challenge to the poor include orphanages, overseas widows' funds, emergency/disaster relief, healthcare/clinics, community development, and feeding centers. Gary Wilkerson became president of World Challenge in 2010 and continues to move forward with the same heart and vision as his father.About the Chief Financial Officer:The Chief Financial Officer serves on the executive leadership team to provide financial insight on strategic development and supporting operational requirements. The role is accountable for the financial operations and risk management of the organization. This candidate develops the financial strategy and operational metrics supporting the organizational strategy. The role is responsible for the development and monitoring of control systems designed to preserve organization assets, report accurate financial results, and ensure compliance with non-profit regulations.The Chief Financial Officer's Responsibilities Include: Planning

  • Assist executive leadership team in formulating strategic direction and supporting tactical initiatives.
  • Monitor and direct the implementation of strategic business plans.
  • Develop financial strategies and metrics supporting organizational objectives.
  • Manage the capital request and annual budgeting processes.
  • Analyze revenue streams to highlight growth opportunities and evaluate expenses to ensure effective use of donor funds. Financial Management
    • Oversee development of timely and accurate financial statements and reports in accordance with generally accepted accounting principles (GAAP).
    • Ensure compliance with internal policies and procedures.
    • Manage annual financial audit preparation and liaise with external auditors.
    • Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash.
    • Maintain banking relationships; reconcile bank and investment accounts.
    • Manage relationships with investment advisors ensuring compliance with portfolio guidelines and sufficient cash flow to support operations.
    • Manage the acquisition of capital assets and ensure proper recording, amortization, and disposition.
    • Interface with the board of directors to share financial results and support strategic discussions through financial analyses.Operations Management
      • Evaluate technology that meets financial data processing, control, and reporting requirements.
      • Advise on appropriate technology that meets the organization's information requirements and financial resources.
      • Manage relationships with outsourced third parties (i.e., donations processing, online store, investment advisors, attorneys, etc.).
      • Oversee the organization's transaction processing systems.
      • Implement operational best practices.
      • Advise/support Human Resources on employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package and positioning WCI as a preferred employer.
      • Oversee the management of all leases, contracts, and other financial commitments. Risk Management
        • Understand and mitigate key elements of an organization's risk profile.
        • Monitor legal issues involving the organization, and legal issues affecting the industry.
        • Construct and monitor reliable control systems.
        • Maintain appropriate insurance coverage.
        • Ensure that the organization complies with all non-profit legal and regulatory requirements.Manage Finance Staff
          • In consultation with the Chief Operations Officer, define role requirements, recruit, interview, and select well-qualified staff.
          • Develop training plans to enhance staff skills, increase their breadth of scope, and continuously grow the capability of the departments.
          • Regularly evaluate/collaborate with each staff member on personal performance and development; ensure they are engaged in organizational success and aware of how they contribute.What You Bring: Education & Experience
            • A University degree in accounting or business administration is required.
            • A minimum of 10 years of executive management experience is required.
            • Corporate experience for a major company or division of a large corporation is preferred.
            • An MBA in Finance and Certified Public Accountant designations are preferred.Knowledge, Skills, and Abilities
              • Knowledge of non-profit accounting and compliance requirements.
              • Knowledge of human resource management and project management is a plus.
              • Strong interpersonal skills, with the ability to supervise and motivate staff.
              • Strong analytical and problem-solving skills.
              • Sound computer skills including word processing, presentation applications, and database management (experience with Microsoft applications in a MAC environment a plus).
              • Knowledge of Blackbaud CRM (RE) and Financial (FE) software is a plus.Personal Characteristics & Qualifications
                • Alignment with the World Challenge Statement of Faith.
                • Willingness to take initiative.
                • Willingness to reward good performance and use positive reinforcement.
                • Relatable and approachable.What it's Like to Live in Colorado Springs, Colorado: Colorado Springs is, without a doubt, one of the most breathtaking cities in the nation. With beautiful weather and its majestic mountains, Colorado Springs is a gem of a city. From the modern appeal of new establishments to the city life downtown and the timeless roads of Old Colorado City, Colorado Springs offers much to those looking for a move. It provides many enjoyable neighborhoods that a new resident would love to call home.What attracts many people to Colorado Springs is that it has a relatively affordable cost of living. Additionally, it is only about an hour away from Denver, making it convenient for those who prefer to live in Colorado Springs and commute to work every day.Above all else, the city's quality of life is probably one of the most significant aspects of living here. Because of great weather year-round, people can be outside frequently and enjoy all of the activities that come with that, such as bicycling, running, and hiking. These are popular forms of exercise here in Colorado Springs, and it keeps residents both happy and healthy. Colorado Springs is also commonly listed as one of the cities with the cleanest air, and the residents would heartily agree. Overall, this city is well-rounded, happy, and healthy, and with the great weather, high quality of life, and affordable housing - what's not to love?

Keywords: World Challenge, Inc., Colorado Springs , Chief Financial Officer, Executive , Colorado Springs, Colorado

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