Job Description
Accounting / Finance - Full-time
***This position is being filled through DickersonBakker:
www.dickersonbakker.com. Please apply at ODBM CFO Opportunity
Position Summary
As a member of the Global Executive Team (GET), the CFO will report to the
President & CEO, and as such is a member of the leadership team that oversees
the ministry’s mission strategy, plan, and execution.
Areas directly supervised and primary day-to-day responsibilities will include
overall financial leadership of the global organization with specific guidance to
the following teams:
- Global Finance including the team in the US and the regional Finance
- Coordinators (FCs) located in Europe, Asia Pacific, Africa, India and Ibero
- Americas and Caribbean (IAC) region.
- Donor Engagement and Grants (US).
- Building and Grounds (US).
- Rights and Permissions (US).
- Print Services, Fulfillment and Supply Chain (US).
Essential Functions and Responsibilities of CFO:
1. Responsible for the ministry’s overall (global) financial strategy, plans and
policies along with its accounting practices and the conduct of its
relationship within each country’s financial community.
2. Directs and maintains the financial philosophy, guidelines, and
policies/procedures for the global work of the ministry.
3. Serves executive leadership with timely analysis, projections and counsel
relative to financial strategy, plans, current status vs annual budget,
revenue trends, expense performance and trends, investments, etc.
4. Assures effective & timely financial reporting and management
tools/systems. Provides leadership in the development for the continuous
evaluation of short and long-term strategic financial objectives.
5. Lead the processes for financial forecasting and annual budgeting of the
Ministry.
6. Direct and oversee all aspects of the finance & accounting functions of the
Ministry.
7. Establish and maintain strong relationships with other senior vice
presidents and executives so as to identify their needs and seek full range
of ministry and financial solutions.
8. Provide executive management with advice on the financial implications of
ministry activities. Provide recommendations to strategically enhance
financial performance and viability vis-à-vis ministry opportunities.
9. Ensure that effective internal controls are in place and ensure compliance
with non-profit accounting standards and applicable regulatory laws and
rules for financial and tax reporting.
10. Lead annual global audit process ensuring that all required audits (approx.
30) are completed and on time for inclusion in the global combined ODBM
audited financial statements and reporting. Assist with the resolution of
significant audit issues raised.
11. Appraise each global entity’s cash and overall financial position and
oversee periodic financial and operating reports. Approve and facilitate
intra-ministry financial support and cash movement.
12. Propose policies for the establishment and maintenance of inventory
levels for raw materials, supplies, material-in-process, and finished goods.
13. Review and facilitate the approval of all capital expenditures, including all
facility improvements, acquisitions, and dispositions.
14. Oversee all aspects of the ministry’s asset risk management including the
insurance program.
15. Engage as a member of the Risk Management Team and participate in
monthly meetings led by Human Resources (HR).
16. Ensure Payment Card Industry (PCI) compliance rules adherence working
the ODBM Chief Digital and Technology Officer (CDTO).
17. Lead the annual confirmation of the ODBM Director, Officer and Employee
Conflict of Interest Certification to the Finance Committee.
18. Assist with the maintenance of the Business Continuity Program
documentation working with HR and regional SVP’s.
19. Engage as a member of the ODBM Benefits Committee with members of
HR, leading the financial analysis of the US ministry’s benefit plans.
20. Review and participate in approving all major contracts that have a
financial impact on ODBM (including contracts for legal services when
necessary, publishing contracts, media contracts, etc.).
21. Oversee the ODBM Foundation and the ODBM 401(k) plan including its
investments (in accordance with ODBM’s investment policy), annuities
and other trust arrangements. Manage the relationship with ODBM third
party investment advisors.
22. Assist the President / CEO and the Executive Leadership team with
various overall business decisions as they pertain to the operations of the
ministry.
23. Building and Grounds: Provide staff in the Grand Rapids, MI office with a
work environment that is safe and conducive to effective ministry
operations. Effectively manage all building projects within budget.
24. Print Services, Fulfillment and Supply Chain: Provide leadership ensuring
that these operations effectively serve internal and external clients in the
most effective and timely manner, focusing on the quality of product,
service, and safety.
25. Staff: Provide an environment where staff effectively contribute to ministry
operations, flourishing on both the professional and personal level via
timely and constructive oversight, feedback, and training.
26. Donor Relations and Grants: Provide leadership that fosters continued
excellence regarding major donor and Foundation efforts and the proper
safeguarding and control over financial investments. Work closely with
marketing to review and modify as needed the overall communication plan
regarding planned giving, including mailings, website, and conference
activities.
27. Participate in GET meetings including taking a leadership role in the
planning and execution of the annual strategic planning and budgeting
meeting held in January.
28. Attend ODBM Board Meetings and related ODBM Finance Committee
meetings, leading finance discussions in partnership with the Finance and
Audit Committee Chairman.
29. Other ad hoc projects as they arise.
Study or Knowledge and Experience Requirements:
- Master’s degree preferred in finance or accounting.
- Ten years experience in finance and accounting, including five years experience as
- a CFO or relative management role in the application of business finance.
- Experience in a not-for-profit organization is preferred.
- International finance experience desired.
- CPA or CMA exam success desired.
- Public Accounting firm experience desired.
- Strive to live a life consistent with biblical principles; and demonstrate continued
- growth and spiritual development; and read, reflect on, and respond to Scripture on
- a regular basis.
Internal Work Environment:
Extensive internal communication with ministry-wide management, project teams,
ODBM Finance Committees, and the ODBM Board of Directors (both in the US and
Canada). Position also holds various trustee and board positions for ODBM entities
and is a member of the GET. Topics are complex and sensitive.
External Communication Requirements:
Extensive communication with various vendors, audit firms, government agencies,
financial institutions, attorneys, and the ministry’s constituents/donors. Topics are
complex and sensitive.
Leadership Responsibility:
Responsible for the overall financial leadership of the global organization with specific
guidance to the Finance and Foundation Teams. Position is also responsible for certain
critical operations and functions in Grand Rapids, including Print Services; Fulfillment
and Supply Chain Management; Buildings and Grounds; and Rights and Permissions.
Total staff under supervision exceeds 75 individuals including eight direct reports and
functional supervisory reporting lines with five non-US based FCs.
Stewardship of Resources:
Responsible for the ministry’s overall financial plan, policies, accounting procedures,
and the investment of over $40 million in donor provided funds and the 401(k) benefit
plan holdings.
Miscellaneous Factors:
International travel required (three-to-five trips per year).
Based on biblical principles, our statement of faith and the richness of our
organization’s history, we will strive to reflect our commitment to diversity by honoring
the ministry’s mission, vision, values/ethos and guiding principles.
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