Merit America · 3 hours ago
Interim Chief Financial Officer
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Responsibilities
Partner with leaders across departments to deeply understand their operational needs, challenges, and growth objectives, translating these insights into comprehensive financial strategies and solutions
Establish and implement financial objectives and strategies that support Merit America's growth plan while balancing the needs of different organizational functions
Serve as a strategic advisor to department heads, helping them optimize resource allocation and make data-driven financial decisions for their teams
Develop tools and systems to provide critical financial and operational information to the executive team and board
Track progress and assess organizational performance against the annual budget and Merit America’s long-term growth model–with a specific focus on our revenue targets
Ensure alignment of administrative functions with overall organizational goals.
Collaborate with the Executive Team to inform and execute company-wide strategies.
Provide financial insights and education to champion prudent decision-making across the organization
Oversee financial planning, budgeting, and forecasting processes in collaboration with the Director of Revenue Operations and Controller.
Partner with our Controller to oversee all accounts, ledgers, and reporting systems; maintain internal control safeguards and help oversee all audit activities
Proactively ensure compliance with all financial regulations, staying ahead of changes to find new opportunities while maintaining strong internal controls
Optimize resource allocation and cost management across all departments.
Shepherd the Board Finance & Audit committees and serve as the main financial point of contact to the Board of Directors.
Oversee Merit America’s financing partnerships and operations, including our $45M partnership with Google and loan servicer Ascent Funding.
Help secure low-interest financing for the $100M+ Opportunity Fund we are co-raising with America’s Frontier Fund, building on the Google Career Certificates Fund success.
Monitor the funds and learner progress against goals, ensuring we are set up to exceed all targets and draw down the full financing available.
Oversee, direct, and organize the work of the finance and accounting teams.
Supervise, develop, and coach direct reports.
Promote a culture of measurable high performance and continuous improvement across the organization.
Identify and mitigate potential risks across all managed departments and broadly support organizational risk mitigation.
Implement org-wide policies and procedures to ensure operational efficiency and compliance.
Lead cross-functional initiatives to streamline processes and enhance collaboration.
Qualification
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Required
Proven experience in a senior leadership role overseeing the finance function.
Strong financial acumen and experience in strategic financial management.
Exceptional analytical and financial modeling skills.
Excellent leadership and team management skills, with the ability to motivate and develop high-performing teams.
Strategic thinking and problem-solving skills, with the ability to navigate complex organizational challenges.
Strong communication and interpersonal skills, with the ability to influence and collaborate across all levels of the organization.
Committed to Merit America’s mission to pave pathways to family-sustaining careers, break the poverty cycle, and create upward mobility for low-wage workers.
Demonstrated history of embodying our values, which inform our work and drive our organization's culture.
Shared sense of responsibility and ownership for our collective work in making a positive impact on the community we support, true to our value of Win & Lose Together.
Committed to continuous learning and growth in understanding and addressing issues of diversity, equity, and inclusion.
Passionate about fostering a workplace culture that embraces and values individual differences, aligned with our core value of inclusivity.
Preferred
MBA or relevant advanced degree in Business Administration, Finance, or related field.
Experience leading finance and administrative functions in a rapidly growing organization or start-up environment.
Experience with annual audits in a nonprofit context.
Experience with data analytics and its application in driving organizational performance.
Experience in change management and organizational development.
Benefits
4-day work week (Fridays are an operating day if there is a holiday closure during the week)
Medical, Dental, and Vision insurance (100% Paid Employee Only Coverage)
Flexible Spending Account and Health Savings Account
Dependent care Flexible Spending Account
Health Reimbursement Account fully funded by Merit America
Education reimbursement & personal development stipend
Short and long-term disability
Unlimited vacation (after a 90-day introductory period)
Paid Parental Leave and Adoption benefits (after one year of employment)
11 federally recognized holidays
1-week office closure in July (week of July 4th)
2-week holiday office closure in December/January
401(k) retirement plan with automatic Merit America contribution
Wellness Benefits/Wellness Resources
Discount perks at work program
Phone/technology stipend
Home office setup stipend
Company
Merit America
Merit America provides adults without a bachelor's degree a path to skilled careers.
Funding
Current Stage
Growth StageTotal Funding
unknown2021-01-01Series Unknown
Recent News
Draper Richards
2023-11-06
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