drjobs Chief Financial Officer (CFO)

Chief Financial Officer (CFO)

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1 Vacancy
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Job Location drjobs

Boston - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Road Scholar is the nonprofit world leader in educational travel for older adults. Our mission is to inspire adults to learn discover and travel. With thousands of programs across the globeincluding in-person online and on the waterwe believe curiosity is the key to a well-lived life.

At Road Scholar we are committed to fostering a culture of inclusivity and belonging. We believe that by valuing a wide range of perspectives and experiences we create a stronger more innovative organization that reflects the communities we serve.

In addition we are dedicated to bringing an environmentally sustainable organization. From the way we design our programs to how we operate as a team we are striving to reduce our environmental impact and create a positive legacy for future generations.

About the role...

Road Scholar is seeking an experienced mission-driven Chief Financial Officer (CFO) to lead our financial strategy and steward the organizations long-term fiscal health. Reporting directly to the CEO the CFO will serve as a key member of the executive team-- managing financial policy contributing to strategy decisions and aligning resources to advance Road Scholars mission and goals. Backed by a highly capable finance and analytics team of approximately 50 individuals the CFO will lead the organizations financial strategy and risk management collaborating with senior leaders to ensure financial controls policies and priorities are integrated across business operations.

The ideal candidate is open curious honest dedicated and kind; is passionate about Road Scholars mission; takes a thoughtful supportive approach to leadership; exercises sound judgment with reasonable professional skepticism; and is able to apply their expertise to the operation of the organization and to its strategic planning.

The expected base salary is $325000 plus performance bonus. Final compensation may vary based on experience leadership capabilities and alignment with strategic goals.

In this role you will provide...

Strategic Financial Leadership:

  • Serve as a trusted advisor to the CEO contributing to the development and execution of the organizations short and long-term strategic plans.
  • Lead the organizations financial strategy including capital planning resource allocation investment strategy and funding initiatives.
  • Provide high-level financial insights forecasts and scenario planning to inform strategic decisions and drive sustainable growth.

Risk Management Treasury & External Relations:

  • Oversee cash flow strategy liquidity management and investment management and banking relationships to ensure financial stability and operational flexibility.
  • Lead risk mitigation strategy across areas such as foreign currency exposure investment diversification insurance and contracting.
  • Apply and recommend enhancements to the investment policies approved by the Board of Directors work with investment managers and advisors and monitor and evaluate investment performance.
  • Manage relationships with external financial partners including auditors banks and investment advisors.

Tuition and Revenue Management:

  • Lead revenue optimization strategies with a primary focus on program tuitionthe organizations principal income stream. Provide executive guidance to ensure pricing strategies are aligned with long-term financial and strategic objectives. Balance competitiveness and value to ensure tuition pricing supports both enrollment goals and revenue targets.
  • Direct strategic inventory planning across short- and long-term horizons working closely with cross-functional teams to manage program capacity and scheduling. Oversee the governance process for go/no-go decisions on program departures ensuring they are financially sound and operationally viable based on data-driven performance metrics.
  • Ensure effective use of data analytics to generate and deliver accurate reports identify trends and support the coordination with the Marketing Analytics and Inventory Management teams to ensure the development of campaigns that drive growth in program revenue and enrollment.
  • Steer the Financial Planning & Analysis (FP&A) function through all budget and forecasting cycles ensuring rigorous financial modeling variance analysis and scenario planning. Provide executive direction on the development of financial reports performance dashboards and strategic insights that inform decision-making at the highest levels of the organization.

Organizational Oversight & Governance:

  • Provide executive oversight of all financial and accounting functions ensuring they are executed effectively by a strong internal team.
  • Maintain accountability for financial performance and integrity including internal controls audit readiness and regulatory compliance.
  • Oversee vendor contracting function and vendor relationships ensuring competitive contract rates and compliance with Road Scholars contractual terms.
  • Partner with Human Resources and Operations to support compensation planning international payroll strategy and resource modeling.
  • Oversee compliance with the many U.S. regulatory requirements of a non-profit organization operating internationally.

Qualifications were seeking...

  • 15 years of senior financial leadership experience not-for-profit experience a plus.
  • Masters or bachelors degree in accounting finance or related field required.
  • Demonstrated ability to drive strategic financial planning and resource alignment at an organizational level.
  • Proven success in guiding financial governance investment oversight and risk management in complex or international environments.
  • Excellent communication and leadership skills with the ability to communicate and collaborate internally and externally with investment managers bankers attorneys and members of the Board finance and audit committees.

Why join the Road Scholar Team...

We offer a competitive compensation and benefits package!

Employment Type

Full-Time

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