Job Title: Chief Financial Officer
Location: Remote/Virtual within the continental US
Reports to: CEO
Position type: Full-Time Employee
Pay Band: $147,000 – $245,000
About Blue Star Families
We’re a growing non-profit (Military Service Organization (MSO)) with a history of delivering innovative solutions. We’re the team that senior DoD leaders seek out when they want ground truth on issues facing our military families. Our team members are motivated individuals who help each other do remarkable things for military families to bridge the civilian-military divide every day. We deliver first-class solutions that transform the military experience for military family members. We operate in an agile arena where great minds come together to make life better for military members and their families. We focus on data-driven insights while understanding the value of spirited storytelling. We do all this in a highly flexible, virtual environment with unlimited PTO, time off for military moves, paid holidays, 403b match, and benefits! Our diverse and inclusive environment fosters a sense of belonging among our team resulting in innovative and creative decision-making.
Are you ready to make a difference for the families of those who serve our great nation? We are the ideal match for the innovator, the out-of-the-box, strategic thinker who understands the value of social impact. You are self-motivated, curious, and have a passion for doing good. Challenging objectives, pivoting priorities, and the ability to react to an ever-changing environment that allows your true strengths to shine.
General Position Description
Reporting to and partnering with the Chief Executive Officer (CEO), the Chief Financial Officer (CFO) will play a critical role in developing and implementing the national strategy for Blue Star Families. As a member of the senior leadership team, the CFO will be an advisor to the Chief Operating Officer, Chief Transformation Officer (CTO), and executive team, evaluating and assisting them with their financial plans and economic modeling. S/he will be responsible for overseeing all fiscal and fiduciary responsibilities for the organization, in conjunction with the Board of Directors, inclusive of the Finance, Audit, and Investment committees of the board. The CFO will supervise a team of three.
Key Job Functions
+ Will assess organizational performance against both the annual budget and BSF’s long-term strategy
+ Develop tools and systems to provide critical financial and operational information to the CEO and make actionable recommendations on both strategy and operations
+ Develop new revenue models
+ Analyze the organization’s business model, identify opportunities for efficiencies and plan for growth
+ Engage the board finance and investment committees around best practices, issues, trends, and changes in the operating model(s) and operational delivery
+ Assist in establishing yearly objectives and meeting agendas, and selecting and engaging outside consultants (auditors, investment advisors, etc.)
+ Oversee long-term budgetary planning and cost management in alignment with BSF’s strategic plan, especially as the organization considers sponsorships, potential acquisitions, and collaborations with external organizations
Financial & Operational Management
+ Oversee all accounts, ledgers, and reporting systems, ensuring compliance with appropriate Generally Accepted Accounting Principles, regulatory requirements, and Office of Management and Budget audit requirements. Maintain internal control safeguards and coordinate all audit activities
+ Maintain a strong system of financial controls and ensuring compliance with all tax and accounting requirements to support 501c3 status (responsible for the completion of the 990)
+ Partner with the Vice President of Business Analytics and Information Technology (IT) to procure specialized finance IT systems that meet the needs of the organization.
+ Manage cash flow and forecasting
+ Develop a reliable cash flow projection process and reporting mechanism that includes a minimum cash threshold to meet operating needs
+ Optimize the handling of banking relationships and initiate appropriate strategies to enhance cash positions
+ Oversee budgeting and the implementation of budgets so as to monitor progress and present financial metrics both internally and externally
+ Manage and track the performance of BSF’s investments in keeping with the policies and investment guidelines established by the investment committee
Required Experience, Skills, Background
The CFO will be a seasoned leader with at least 10-12 years of broad finance experience, ideally beginning in accounting, followed by experience gathering and evaluating financial information and making actionable recommendations to senior leadership. S/he will have experience managing the finance function (accounting, budgeting, control, and reporting).
+ Bachelor’s degree in a related field, MBA preferred
+ Certified Public Accountant preferred
+ Demonstrable passion for BSF’s mission; a hands-on manager with integrity and a desire to work in a dynamic environment
+ Mature and proactive, with evidence of having worked as a true business partner to the CEO
+ Strong analytical skills and experience interpreting a strategic vision into an operational model
+ Experience successfully partnering with IT staff to manage critical financial management systems
+ An effective communicator at all levels in the organization, with strong oral and written skills and a willingness to share information
+ A collaborative and flexible style, with a strong service mentality.
+ Creativity, with experience funding activities in ways that both cover costs
+ Occasional out-of-town, overnight travel is required
+ May be required to work nights, weekends, and holidays as necessary to carry out key job functions
Desired Experience, Skills, Background
+ Experience with nonprofits
+ Experience working in a fast-paced dynamic environment
+ Cultural competence in the military and Veteran space
More About Blue Star Families
Blue Star Families empowers military and Veteran families to thrive by connecting them with their civilian neighbors – both people and organizations – to create strong communities of mutual support. We believe we’re all stronger when we take care of one another.
Our groundbreaking research is raising the nation’s awareness of the unique challenges of military family life. With the help of neighbors across the country, Blue Star Families is overcoming the isolation and alienation of frequent moves, deployments, and reduced support from the government. Our innovative programs are solving specific challenges for military families, including fighting economic insecurity with resources that foster spouse career development, creating family strength with rich family programming, and providing critical peer support for caregivers, whose numbers are only increasing.
Blue Star Families is a registered 501(c)(3) nonprofit organization.
Blue Star Families is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.
Why Blue Star Families?
+ Virtual/remote nonprofit organization that moves with you (position specific)
+ Career growth opportunities
+ Excellent benefits (403(b) with matching, Flexible Spending, Life Insurance, Short-Term Disability, Communications Allowance, and more)
+ Permanent Change of Station (PCS) Leave for Active Duty Military Spouses
+ On-the-job professional development training
+ Front-line opportunity to positively impact the military experience
+ Competitive salaries
+ Workplace flexibility