Chief Financial Officer Legal Aid of North Carolina

Job Description

Career Opportunity

Legal Aid of North Carolina seeks an experienced strategic leader to serve as its next Chief Financial Officer (CFO). The ideal candidate serves as a strategic partner to the Chief Executive Officer (CEO) and a key member of the executive leadership team responsible for guiding the organizations overall financial strategy and performance. This role oversees all financial operations including budgeting forecasting financial reporting and the development and maintenance of robust financial systems. The CFO ensures full compliance with Generally Accepted Accounting Principles (GAAP) and applicable government regulations while upholding the highest standards of accuracy and transparency in financial reporting. Additionally the CFO leads the organizations risk management and insurance programs implementing comprehensive internal controls to safeguard assets mitigate risk and support sustainable growth. Through proactive leadership and analytical insight the CFO plays a critical role in driving sound financial decisionmaking and supporting the longterm health of the organization.

Mission: Legal Aid of North Carolina is a statewide nonprofit law firm that provides free legal services in civil matters to low-income people in order to ensure access to justice and remove legal barriers to economic opportunity.

Reporting Structure: The CFO reports directly to the CEO and leads a team of eight. The CFO has four direct reports including the Director of Grants Accounting Director of Payroll and Treasury Director of General Accounting and the Director of Support Services.

Total Staff and Budget: 304 staff members and an annual budget of $34 million.

Working Environment/Location: The CFO is expected to work in LANCs office located at 319 Chapanoke Road Suite 104 Raleigh NC 27603 with some hybrid flexibility available.

Key Responsibilities of the Chief Financial Officer

Financial Planning Reporting & Operations

• Ensure timely financial statements for management/board accurate budgets and close monitoring of budget vs. actual (especially for restricted grants).
• Drive the firms annual budget process (operating expenses capital expenditures and grant/program budgets).
• In conjunction with the Director of Payroll & Treasury and Chief Human Resources Office staff ensure timely payroll processing and necessary payroll changes.
• Review and approve procurements ensuring compliance with LANC policies.
• Assume ownership of the LANC Accounting Manual and ensure adherence to procedures.

• Maintain responsibility for grant accounting for 100 restricted grants. Ensure staff time and all applicable expenses (including overhead and indirect allocations) are properly allocated; manage grants receivables and deferred revenue.
• Ensure timely grant financial reporting; create budgets for new grant applications; collaborate with program staff to submit required financial data to funders.
• Maintain close monitoring of budget vs. actual for all restricted grants to ensure funds are expended per grant terms and conditions.

• Develop and implement improved financial systems policies and accounting controls; ensure compliance with policies separation of duties GAAP and applicable regulations.
• Serve as the board liaison for finance matters (Finance Committee Audit Committee and as required by the Executive Committee).
• Participate in and provide staff support to the Audit and Finance Committees; attend Board meetings.
• With team support review the annual financial statement audit Form 990 preparation/filing and any other statutory financial reporting.
• Ensure the successful completion and timely filing of the annual Form 5500 retirement plan audit.

• Participate as the finance lead with HR on annual self-insured health benefit plan renewals; evaluate organizational cost impact.
• Work with CEO COO and CHRO on compensation changes; set budget for merit increases and discretionary 401(k) contribution accruals.
• Coordinate annual application cost evaluation and placement of insurance policies (GL fiduciary lawyers professional liability directors & officers employer practices liability insurance workers comp property vehicle cyber/crime) with CEO COO and General Counsel.

• Manage the Finance Accounting and Support team. Ensure leaders have work plans priorities education and accountability for controls.
• Monitor required staffing levels according to grant volume/complexity and firmwide revenue.
• Participate in and support the CEO in regular leadership and/or firm-wide meetings providing relevant information as needed.

The Ideal Candidate Profile

The ideal candidate will possess the following qualifications:

• Bachelors degree in accounting finance business management or related field. Masters degree preferred.
• MBA and/or CPA preferred.
• 8 years of finance experience within a complex nonprofit organization preferably a government-funded nonprofit.
• Extensive knowledge of GAAP accounting principles including nonprofit fund accounting government accounting cost allocation and treasury/cashflow management.
• Advanced financial operations expertise including budgeting forecasting financial analysis financial statement preparation reporting and account reconciliations.
• Handson operational skills including accounts payable/receivable management and a commitment to accuracy detail and supporting monthly quarterly and annual close activities.
• Proven ability to manage multiple priorities meet deadlines adapt to organizational needs and support a collaborative serviceoriented learning-focused team environment.
• Effective communication and relationshipbuilding skills with the ability to write and speak clearly negotiate consensus engage diverse stakeholders and project confidence in public settings.
• Technologically proficient with strong Microsoft Office skills and extensive experience using various accounting software platforms and financial systems.
• Alignment to the mission vision and core values of LANC.

About Legal Aid of North Carolina

Legal Aid of North Carolina (LANC) is a statewide nonprofit law firm that provides free legal services in civil matters to low-income people to ensure equal access to justice and to remove legal barriers to economic opportunities. Legal Aid is an innovative creative progressive and efficient civil legal service provider to the poor working towards an inclusive justice system of equal access. All voices are valued heard and respected.

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Benefits

Legal Aid of North Carolina provides a well-rounded benefits package that supports employees health financial security and overall wellbeing. Fulltime staff receive competitive medical dental and vision coverage taxadvantaged flexible spending options immediate eligibility for retirement plan contributions and income protection through short and longterm disability. Employees also benefit from generous paid time off that grows with tenure; mental health and wellness resources; life insurance and voluntary Aflac programs; professional development support; and flexible or hybrid work arrangements that promote balance and long-term success.

How To Apply

Join Legal Aid of North Carolina and play a critical role in shaping its future while driving impactful change in the community.

To apply scroll to the bottom of this page. You will see instructions for uploading your compelling cover letter resume and salary requirements. Please provide all requested information to be case of any technical problems contact No phone calls please and no applications will be accepted by email or directly from third-party posting sites.