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Chief Financial Officer

Legal Aid of NorthWest Texas
life insurance, sick time, retirement plan
United States, Texas, Fort Worth
600 East Weatherford Street (Show on map)
Dec 19, 2024

POSITION ANNOUNCEMENT

Position: Chief Financial Officer- (Full- Time Position)

Closing Date: Position Immediately Available and Closed When Filled

Location: Hybrid/Remote - Fort Worth, Texas (Administration)

OVERVIEW: Legal Aid of NorthWest Texas (LANWT) seeks a highly motivated and experienced CFO who will be responsible for the financial management of and strategy for LANWT. The CFO will supervise the accounting staff, currently comprised of 5 employees. The CFO is an integral member of the firm's senior management team. The position requires demonstrated knowledge and experience in business and financial management and government grant fund accounting. The successful CFO candidate should have a passion for achieving equal access to justice for the poor through the provision of high-quality legal advocacy to individuals and community groups eligible for our services.

DESCRIPTION: LANWT is a non-profit public interest law firm that provides high-quality free civil legal services to low-income persons and communities in 114 counties in North and West Texas. LANWT has 20 branch offices and several community-based locations throughout its service area. LANWT has over 250 employees and operates an annual budget of over $20 million compromised of federal and state grants, private and public foundation funding, and corporate and individual donations. The Chief Financial Officer (CFO) will be based in LANWT's administrative office located in Fort Worth, Texas. Fort Worth is ranked the 16th largest and one of the fastest growing cities in the nation and is the second-largest city in the Dallas-Fort Worth-Arlington metropolitan area.

REPORTING RELATIONSHIP: Reports directly to the Chief Executive Officer (CEO). The CFO will also report information directly to the LANWT Board of Directors upon request.

DUTIES AND RESPONSIBILITIES: The CFO is responsible for the financial management of the organization and assists with all strategic and programmatic matters as they relate to budget management, fiscal compliance and oversight, cost benefit analysis, forecasting needs and operating as the chief financial spokesperson within the organization. This position requires strong technical financial skills and planning, decision-making, excellent communication skills and prior supervisory experience. The CFO is expected to recommend and implement high-level system changes, as appropriate, be responsible for finances and budgeting, be knowledgeable about the day-to-day fiscal issues, and supervise, train and evaluate the accounting staff. The CFO will advise the CEO, senior management staff and the Board of Directors on financial and budgeting issues related to the management of the firm. Other responsibilities include, but are not limited to:

  • Develop, review, test and implement internal financial control procedures.
  • Prepare essential reports using accounting software. Ability to review and recommend updates to or improved accounting software.
  • Knowledgeable of and monitoring adherence to accounting rules and regulations, financial regulations of the Legal Services Corporation (LSC), and all other applicable regulations and rules for grants.
  • Assist CEO in obtaining pre-approval from LSC on purchases over $25,000.
  • Prepare the annual and mid-year budgets for CEO and Board of Directors review and approval.
  • Attend all Board of Director meetings and meetings of the Board's Budget, Finance and Audit Committee and prepare financial statements and narratives on LANWT's financial position.
  • Prepare request for proposals for selection of new auditors and assist the Board's Audit Committee with the selection process.
  • Responsible for preparing, coordinating and assisting in independent and external audits, including preparing information for auditors, responding to inquiries, and reviewing and verifying all information in the audit reports.
  • Responsible for the review and preparation of worksheets for the IRS Form 990 and the timely filing of same.
  • Assist in coordinating the flow of information and reporting between the various departments that interact with the accounting department.
  • Review and approve cash flow statements, journal entries, general ledger entries, the accounting reports prepared by branch office administrative secretaries.
  • Responsible for reviewing and approving bank reconciliations for all LANWT bank accounts, including those of all branch offices.
  • Maintain communication and relationships with LANWT banking centers.
  • Review and approve purchase orders and review and sign checks, as appropriate.
  • Review and approve charges to corporate credit card.
  • Review reconciliations of grant billings, collections, receivables, revenues, and expenses with the general ledger.
  • Undertake variance analysis on revenues and expenses.
  • Review and approve fund balance reconciliations.
  • Provide supporting financial information for grant applications. Assist with preparation of grant reports and grant compliance.
  • Responsible for researching and assisting with firm investments.
  • Assist with the oversight of vendor services and contracts, including periodic request for proposals.
  • Responsible for researching and presenting proposals for various insurance liability coverage.
  • Assist with analysis of employment benefits.
  • Oversee, review and approve inventory of furniture and equipment. Review and approve of the disposal of assets.
  • Review and approve reconciliation of all asset accounts and accumulated depreciation.
  • Other duties which may from time-to-time be assigned by the Chief Executive Officer.

QUALIFICATIONS:

  • Licensed Certified Public Accountant (CPA) is preferred. Master's degree in business or finance is required.
  • 7-10 years of progressive experience in financial management with an organization of at least 100 employees with demonstrated experience with fund accounting.
  • Experience working within a complex financial environment with the ability to produce impactful financial reports and key metrics, including cost benefit analysis, as well as, forecasting reports.
  • Demonstrated experience working with accounting and financial management systems, methods and tools.
  • Recognize and be responsive to the diverse needs of the organization, including the ability to interact professionally and courteously with funding organizations, the Board of Directors, local community advocates, vendors, applicant/clients, employees and other professional contacts.
  • Ability to maintain confidentiality, unimpeachable integrity and both personal and professional ethics.
  • Ability to engage in occasional work-related travel relevant to job responsibilities.

COMPENSATION: Competitive salary dependent upon qualifications and experience.

BENEFITS: Excellent benefits package that includes paid sick leave, vacation and holidays; a retirement plan; health, dental, vision and life insurance.

Please submit a cover letter expressing interest, a resume, and three professional references during the application process.

LEGAL AID OF NORTHWEST TEXAS IS AN EQUAL OPPORTUNITY EMPLOYER

VETERANS ARE ENCOURAGED TO APPLY

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