Thank you for your interest in joining the North Texas Community Foundation team.
Please view the current job opportunities for information on how to apply.
Location: Fort Worth, Texas
Reports to: President & CEO
Deadline: May 17, 2021
About North Texas Community Foundation
North Texas Community Foundation strengthens the community by helping donors make impactful charitable investments in the community they love – during and beyond their lifetimes. The Foundation holds $422M in assets and serves more than 250 local individuals, families and businesses.
About the Position
The Chief Financial Officer (CFO) will play a critical role in leading the financial functions of North Texas Community Foundation. Reporting to the President & CEO, the CFO will manage a team of three; partner with colleagues on the senior leadership team of three; and oversee budgeting, forecasting, reporting, financial analysis and accounting. The CFO will also be responsible for Investment Management, in conjunction with the President & CEO, Board of Directors and relevant committees of the Board. This is an exciting opportunity for an experienced, collaborative and results-oriented financial leader who is committed to our vision of strengthening our community and motivated by working with an organization experiencing significant growth and change.
- Financial Management
- Develops financial strategy and models to support NTxCF’s mission
- Oversees all finance and accounting functions, including financial reporting, audits and tax preparation
- Works closely with the Board’s Audit Committee and Senior Staff
- Develops and manages dynamic financial and business planning models and metrics
- Manages and anticipates opportunities and challenges related to financial systems
- Establishes strong external relationships with auditors, attorneys, vendors, service providers and other financial entities
- Ensures all financial audits and related filings are completed on deadline and that NTxCF remains in good financial standing
Strategic Investment Management
- Reviews and monitors strategic investment strategies for the President & CEO and Board of Directors
- Directs and provides oversight of investment management activity, working closely with Investment Advisors, the Board’s Investment Committee and Senior Staff
- Serves as primary point of contact on all aspects of executing investment decisions approved by the Board of Directors
- Maintains records of all investments and is responsible for reporting investment performance to the Board
- Manages a team of four experienced team members across the Finance and Accounting functions
- Leads the team to achieve ambitious results while supporting a high standard of excellence, service delivery and accountability
- Builds team culture and supports team members’ learning and professional development
- Provides strategic and financial guidance on all matters related to the President & CEO and various Board Committees
- Serves as a member of NTxCF’s Senior Leadership Team
- Partners with the Board and the Senior Leadership Team on key strategic issues and decisions, informed by rigorous financial analysis and risk assessment
- Contributes to an organization-wide culture of financial accountability that empowers leaders to take ownership of their team’s budget and financial needs
Required Skills and Competencies
The ideal Candidate will have the following qualifications:
- An MBA, CPA or both
- A minimum of 7-10 years of Senior-Level Financial Management and/or Investment experience in the non-profit or philanthropic sector
- Exceptional analytical skills, including financial planning, forecasting and modeling
- Demonstrated experience with banking and investment industries
- Proven financial systems literacy to evaluate and enhance current systems and processes
- Demonstrated team management and organizational leadership experience as a results-oriented leader who collaboratively develops data-driven, innovative and effective solutions
- Experience hiring and managing legal counsel and consultants
- Experience negotiating contracts, lease and general corporate agreements
- Familiarity with fund accounting and multiple giving vehicles in philanthropy, including trust and legacy gifts
This position offers competitive compensation and excellent benefits, in line with the field of philanthropy.
How to Apply
To apply, email a cover letter, resume and list of three references (candidates will be notified in advance of any outreach to your references) to email@example.com on or before 5:00 p.m. CST on May 17, 2021. Use the subject line: CFO Search. Submission via one combined PDF or Microsoft Word file is preferred. Resume review begins immediately.
Questions or Nominations?
North Texas Community Foundation does not discriminate in employment opportunities or practices on the basis of race, ethnicity, religion, national origin, age, sex, sexual orientation, marital status, disability, or any other characteristic protected by law and is an employment-at-will company. NTxCF is an equal opportunity employer.
North Texas Community Foundation is a Fort Worth-based 501(c)(3) nonprofit organization dedicated to strengthening our 11-county region through effective philanthropy and civic leadership to address key community issues. We serve local individuals, families and corporations by helping them achieve their charitable goals in a meaningful way – during and beyond their lifetimes.
The Community Foundation is privileged to work in collaboration with our fundholders, their trusted professional advisors, nonprofit partners and civic leaders to make sure North Texas is strong for generations to come.
North Texas Community Foundation currently holds net assets over $350 million.
North Texas Community Foundation recently completed a 5-year strategic plan that identified significant opportunity to expand the Foundation’s reach and enhance its suite of philanthropic services to effect positive change in our community. The Board of Directors unanimously approved the plan and allocated the financial resources necessary to position the North Texas Community Foundation as the first and best choice for donors, a focal point for local philanthropy, and a financially sound, sustainable organization with the capacity to serve our region today, tomorrow and forever.
Reporting to the Chief Philanthropy Officer (CPO), the Director of Philanthropic Services will be responsible for increasing financial contributions to the Foundation by engaging professional advisors and their clients, as well as working with individuals and families to establish funds and expectancies.
Generating charitable opportunities requires a highly motivated and reliable professional who possesses excellent communication and organizational skills. The Director is responsible for working closely with the CPO to cultivate leads and prospects who would benefit from having a fund at the Community Foundation. The Director will often work with legal, financial, and accounting professionals as they serve their clients; thus, prior employment with legal or financial industries is a plus.
This position participates on the development team which also includes donor relations and communications, but will integrate with all aspects of the Community Foundation.
It’s important to note that experience with contemporary teambuilding strategies with a diverse generational team is important.
Duties and Responsibilities
- Partnering and cultivating relationships with professional advisors to raise awareness of the services and benefits NTxCF can provide for their clients.
- Identifying, meeting and cultivating potential fundholders and inspiring them to become partners with the Foundation.
- Represents the Foundation externally with prospects, donors, professional advisors, charitable organizations, professional groups, and the community.
- Works with senior management, marketing/communications/events staff and consulting professionals to guide the Foundation’s strategic development.
Ideal experience and skills
- Education: Bachelor’s Degree is required.
- Graduate studies or certification in finance, law or planned giving preferred, but will consider business, development, or other relevant field experience.
- Career experience: (7 years minimum)
- Has a proven track record of raising funds, building/maintaining relationships, increasing customer bases or similar development work.
- Has a working knowledge of charitable gift vehicles.
- Stays current with legislative and regulatory developments.
- Experience with community foundations is a plus.
- Related Experience:
- Excellent communication skills (verbal, written, presentation), strong interpersonal skills and the ability to build trust with others.
- Knowledge and understanding of philanthropic interests, charitable motivators, and financial relationships in the context of working with high net worth individuals.
- Data management software (CRM), a thorough understanding of how to use it in a development application.
- Proficient in Microsoft Office applications. FIMS software knowledge a plus.
- Knowledge of legal and regulatory compliance issues related to charitable gifts, community foundations, and nonprofit grantmaking a plus.
Ideal personal profile
The ideal candidate will have a background of working successfully with professional advisors and high net worth individuals. The candidate should be energetic, engaging and able to build strong relationships and gain client respect by knowing and communicating the positive attributes of a relationship with the Community Foundation. We are looking for a polished, personable, and well-informed individual with the knowledge, demeanor, maturity, and ethics to represent the foundation effectively. Must be a team player with the desire to work with other staff to make a meaningful impact on the community. As a professional, he/she must be self-directed, able to manage multiple complex projects with competing deadlines in an accurate and timely manner, with strong attention to detail. The selected candidate will be a respected individual with strong philanthropic principles and a demonstrated commitment to community service.
A resume and cover letter should be directed to Laura McWhorter, CFRE at firstname.lastname@example.org.