Learning Independence for Tomorrow (LiFT)
Chief Financial Officer (CFO)
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Job Description
Chief Financial Officer (CFO)
Position Summary
The Chief Financial Officer is a strategic member of the executive leadership team responsible for the financial stewardship, long-term sustainability, and operational excellence of LiFT. This position provides leadership in financial planning, accounting, budgeting, treasury management, compliance, risk management, and strategic decision-making while ensuring the organization's resources support its mission of serving students and families.
The CFO partners closely with the Chief Executive Officer, Board of Directors, Finance Committee, and senior leadership to develop and execute financial strategies that support organizational growth and long-term sustainability.
Essential Responsibilities
Strategic Leadership
- Serve as a strategic advisor to the CEO and Board on financial performance, growth opportunities, and organizational sustainability.
- Develop long-term financial plans, forecasts, and financial models.
- Present financial results, key performance indicators, and strategic recommendations to the Finance Committee and Board of Directors.
- Evaluate new initiatives, capital investments, and financing opportunities.
Financial Management
- Direct all accounting and finance operations, including:
- General ledger and financial reporting
- Accounts payable and receivable
- Payroll oversight
- Monthly and year-end close
- Cash management
- Fixed assets
- Ensure timely and accurate monthly financial statements.
- Oversee annual operating budget.
- Develop and maintain cash flow forecasts and liquidity strategies.
- Monitor organizational financial performance and recommend corrective actions when necessary.
- Oversee accounting and reporting for grants
- Ensure appropriate internal controls and segregation of duties.
- Monitor financial policies and recommend updates as needed.
- Promote cross-functional collaboration with Operations, Development, Human Resources, and Academic
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