Position Description

Under general direction with a high level of autonomy, the Chief Financial Officer (CFO) uses extensive knowledge and skills obtained through education and experience to direct the business operations of Planned Parenthood of Michigan 501(c)3 and Planned Parenthood Advocates of Michigan 501(c)4. The CFO has primary responsibility for all aspects of PPMI’s and PPAM’s planning and reporting, strategic management of accounting and financial programs, and oversight of Treasury, Accounting, Budgeting, and Financial Analysis functions. This role leads major projects, programs, or processes with significant business impact involving cross-functional teams. Reporting to the Chief Executive Officer (CEO), the CFO influences strategic direction, develops tactical plans and completes complex assignments independently and in collaboration with others, evaluating outcomes against goals and objectives.  The CFO works closely with senior level leadership, board members, external agencies, and vendors. This leader will fully embody a commitment to race equity; evidenced in all interactions with PPMI colleagues, external stakeholders and in their supervision of staff.

Essential Functions

Leadership

• Actively participates as a member of PPMI’s Executive Leadership Team.
• Leads team members using a performance support process that includes goal setting, routine feedback, and ongoing development.
• Empowers staff to deliver assigned responsibilities and manage their functions.
• Provides regular development feedback to team and accountability related to practices including, but
  not limited to, equity.
• Continuously maintains professional growth and learning by attending conferences, seminars, etc.
• In conjunction with other senior leaders, identifies, plans, tracks, and drives strategic initiatives supporting the mission.
• Works collaboratively on the strategic plan.
• Provides strategic and financial leadership and clear communications to the Executive Team in the areas of treasury, budgeting, audit, tax, accounting, short-term and long-term forecasting, and strategic financial modeling.
• Works closely with the Chief Experience Officer to plan for salary and wage adjustments, and with union negotiation support.
• Prepares reports and presentations for the Executive Leadership Team regarding the organization’s business activity and financial position for all organizations including ancillaries.

Finance

• Ensures that financial and accounting systems are operating using all FAS accounting standards and financial systems and controls are adequate to protect the assets and reputation of the organization.
• Leads development of annual operating budget that meets the agencies’ strategic goals. Monitors budgetary compliance throughout the fiscal year.  Develops updated forecasts as needed.
• Prepares monthly financial statements and budget reports for management, assisting team members in understanding and using their budgets.
• Prepares quarterly and annual financial statements and progress reports for the boards of directors. 
• Ensures that PPMI and PPAM are financially solvent.
• Staffs Finance, Investment, and Audit Committees.
• Prepares external reports to funders, donors, directors and government/legal entities.
• Recommends revenue enhancement strategies and expenditure controls.
• Reviews proposals and recommends capital expenditures for inclusion in the annual budget.
• Arranges and acts as the primary contact