Pact is an international nonprofit that works in nearly 40 countries building solutions for human development that are evidence-based, data-driven and owned by the communities we serve. Founded in 1971, Pact works with partners to build resilience, improve accountability, and strengthen knowledge and skills for sustainable social impact.
Department Chief Financial Office (CFO) - Pact strives for a world where all people are heard, capable, and vibrant. The Financial Planning & Analysis helps realize this objective by: Providing financial forecasting, analyses, and strategic oversight; Developing business models and financial reports, coordinating the annual corporate budget process; Facilitating strategic decision-making through focused, relevant research, analyses, and communication; Applying organizational policies and regulatory compliance appropriately and consistently; Implementing innovative financial management tactics and methodologies; Contributing to the organization's ability to think and act strategically; Inspiring and spreading our desired organizational culture across the global enterprise.
Position Overview
The Chief Financial Officer is an officer of the corporation, a member of Pactโs executive leadership team, and is responsible for the overall financial health and fiscal integrity of Pact. The CFO has oversight responsibility for the financial, accounting, treasury, payroll, insurance, travel, facilities, and technology operations of the organization, ensuring the seamless operational delivery of Pact projects.
Key Responsibilities
- In conjunction with the Boardโs Finance and Audit Committee and outside investment advisors, oversee the organizationโs financial investments.
- Provide staffing support to Finance and Audit Committee of the Board and serve as Corporate Treasurer.
- Serve as signatory for the corporation as Treasurer and CFO, to include both external and internal documents.
- Partner with the CEO and other members of the executive leadership team in the overall success of the organization, its mission, and its
- Provide direction and leadership for the Finance, Accounting, IT, and Organizational Operations and Administration functions of the organization.
- Develop and manage the financial modeling and planning necessary to ensure financial success of Pactโs strategic plan and projects.
- Develop and manage Pactโs annual budget in coordination with all teams and manage yearโend forecasting for regular reporting to Board, senior leadership and staff.
- Ensure fulfillment of all fiduciary aspects of the organization including compliance with state and federal requirements, donor rules and regulations, and Board mandated policies and procedures.
- Manage the organizations liability insurance portfolio.
- Ensure the delivery of all accounting and finance functions including cash management, accounts payable and receivable; the preparation of the annual financial statement audit and Uniform Guidance / Incurred Cost audit, annual taxes and filings; internal and external financial reports; and the development and enforcement of global policies and procedures.
- Enable the efficient, operational integrity of Pact, driving continuous operational improvement across the organization to ensure the organization is able to accomplish its strategy and mission.
- Ensure the organization has the necessary technical resources and support to deliver on their work through system development, maintenance, and user support.
- Support high quality program through the provision of program operational support including budget management and oversight, overseas operational support, donor and organizational compliance monitoring, and grant and contract administration.
- Work with Business Development and program teams to ensure that new programs are financially and operationally structured for successful implementation.
- Responsible for organization-wide approach to facilities management, including management of Pactโs two leases in Washington DC.
- Supervise all Department staff, building a strong, cohesive team. Activities include regular staff meetings, goal setting and performance reviews against these goals, and encouragement of learning and educational opportunities for staff development.
- Lead the Department staff in strong cross-center communications, encouraging staff to work closely and provide support to all program delivery activities.
All other duties as assigned.
Basic Requirements
- Masterโs degree and 15+ years relevant experience or equivalent combination of education and experience, including 12 years of management experience. Bachelor's and 17 years of experience including 12 years of management expereicne.
- An accomplished, senior financial leader with significant experience gained in a large, multi-country non-profit or corporate entity, including oversight of external reporting, compliance, internal audit and control, risk assessment, treasury, currency hedging, international and domestic accounting, and tax.
- A demonstrated ability to plan and develop budgets for, and manage, large, complex, multi-disciplinary, geographically-dispersed, financial systems/programs/initiatives.
- Solid knowledge of USAID regulations and other donor (multilateral and bilateral) financial requirements.
- Proven ability to develop creative and effective financial and operational strategies.
- Ability to lead and build a diverse group of staff from different cultural/racial/ ethnic backgrounds and strong interpersonal skills appropriate for operating effectively in a multicultural, international environment.
- Demonstrated experience as a highly effective manager; a team player with effective communication skills; a hard worker, flexible and creative in accomplishing assignments, and a person of the highest personal integrity.
The salary for this position is determined based on a wide variety of factors including but not limited to an individuals skill sets, experience, training, certifications, education, as well as business needs and internal equity. At Pact, employees are typically not hired at the top of the range for their role and compensation decisions are made based on the aforementioned circumstances. A reasonable estimate of the current range is $200,000-280,000