Chief Financial Officer en Good Shepherd Food Bank

Description

Job Title: Chief Financial Officer 

Pay Grade & Annualized Salary Range: 13 | $115,000 - $147,000

Location: Auburn or Hampden, ME; Hybrid 3 Day In Office

Designation: Exempt | Salary  

Position Summary

Good Shepherd Food Bank seeks a strategic and mission-driven Chief Financial Officer (CFO) to lead financial planning, operations, reporting, and organizational evaluation. As a key member of the Executive Team, the CFO will serve as a trusted advisor to the President and Board of Directors, driving financial strategy, risk management, and data-informed decision-making. This role also oversees the Research & Evaluation Team, ensuring client data is leveraged to guide strategy and deepen understanding of food insecurity across Maine.

Key Responsibilities

Strategic Leadership & Financial Planning

• Develop and execute financial strategies aligned with organizational goals and mission.
• Lead long-term financial forecasting, modeling, and scenario planning.
• Advise the President and Board on financial implications of strategic decisions.
• Collaborate with senior leaders to integrate financial insights into organizational planning.

Research & Evaluation Leadership

• Lead the Research & Evaluation body of work - collecting and analyzing client data through surveys and other tools.
• Use insights from data to inform strategic decision-making, program development, and resource allocation.
• Ensure data integrity, privacy, and ethical standards in all evaluation efforts.
• Collaborate with cross-functional teams to translate findings into actionable strategies that address food insecurity across Maine.

Financial Operations & Compliance

• Oversee all financial functions including accounting, budgeting, payroll, and reporting.
• Ensure compliance with GAAP, IRS, state and federal regulations, and audit requirements.
• Lead the annual budgeting process and monitor performance against budget.
• Manage cash flow, financial controls, and risk mitigation strategies.

Reporting & Analysis

• Prepare and present timely, accurate financial reports to the Executive Team and Board.
• Provide actionable insights through financial analysis and performance metrics.
• Support grant reporting and ensure alignment of expenditures with funding requirements.

Team Leadership & Collaboration

• Lead and mentor the finance team, fostering a culture of excellence and continuous improvement.
• Serve as liaison to the Finance, Audit, and Investment Committees.

External Relations

• Manage relationships with auditors, banks, and financial service providers.
• Represent the organization at external meetings and events, providing financial expertise.

30-Day Milestones: Orientation & Assessment

Goal: Build foundational understanding and relationships.

• Meet with the President, Executive Team, and Board members to understand strategic priorities.
• Review current financial systems, reporting structures, and compliance processes.
• Assess the Finance Team’s structure, capabilities, and development needs.
• Begin relationship-building with external partners (auditors, banks, etc.).
• Review current budgets, forecasts, and grant reporting processes.
• Understand the scope and methodology of the Research & Evaluation Team’s work.
• Familiarize with Oracle NetSuite and other financial tools in use.
• Attend internal and external meetings to observe organizational culture and operations.

60-Day Milestones: Strategic Alignment & Early Impact

Goal: Begin shaping financial strategy and operational improvements.

• Present initial observations and recommendations to the President and Board.
• Begin refining financial forecasting models and budget planning processes.
• Collaborate with Development to align revenue metrics, forecasting, and reconciliation.
• Evaluate internal controls and risk management strategies; identify gaps.
• Begin integrating Research & Evaluation insights into financial planning and strategic discussions.
• Support grant reporting and ensure expenditures align with project budgets.
• Establish regular financial reporting cadence for Executive Team and Board.
• Begin mentoring Finance Team members and identifying professional development opportunities.

90-Day Milestones: Execution & Influence

Goal: Drive strategic initiatives and demonstrate leadership impact.

• Lead development of the next fiscal year’s budget in collaboration with department heads.
• Implement improvements to financial reporting, forecasting, and compliance processes.
• Launch or refine cash flow projection and monitoring systems.
• Present strategic financial insights to the Board, including risks and opportunities.
• Align Research & Evaluation outputs with organizational strategy and program development.
• Strengthen cross-functional collaboration across organization.
• Establish a roadmap for Finance Team growth and succession planning.

Requirements

Qualifications

• CPA or master’s degree in accounting, Finance, or Business Administration (or equivalent experience).
• Minimum 8 years of progressive financial leadership, including 4+ years in a nonprofit setting.
• Experience managing budgets of $50M+, capital projects, and high-turn inventory environments.
• Strong technical skills in financial systems; Oracle NetSuite preferred.
• Proven ability to communicate complex financial concepts to diverse audiences.
• Demonstrated success in building high-performing teams and fostering collaboration.

Preferred Experience

• Nonprofit financial management and grant compliance.
• Participation in investment and retirement plan committees.