Arena Careers

Reports to: Chief Operating Officer

Staff reporting to this position: Finance team

Department: Administration

Position classification: Exempt, full time; Nonunion - Level 11

Compensation range: $200,000–$230,000 per annum

Work site: On-site (Washington, D.C., office)

Summary

American Progress is seeking a Chief Financial Officer (CFO) to serve as the senior finance officer of two tax-exempt, mission-driven organizations: the Center for American Progress and the Center for American Progress Action Fund, known together as American Progress. The CFO will serve as a member of the Executive team and a resource and ally across the organization, helping guide and implement the strategic vision and planning of American Progress.

Responsibilities:

• Manage financial operations with keen grasp of the budget at all times.
• Manage the day-to-day operations of a diverse Finance team, including fostering an environment of collaboration, personal investment, accountability, and knowledge sharing.
• Evaluate, optimize, and execute accounting and payroll practices for a complex, multientity operation to help encourage cross-department work.
• Deliver accurate and regular reporting to senior leadership, the boards of directors, and key funders.
• Optimize and maintain a financial operating environment that manages and mitigates risk across American Progress through proactive and regular assessment and continuous improvement.
• Oversee development of project and grant budgets and status reports to grant managers and donors. Develop easy-to-use systems that foster seamless cross-team collaboration on projects.
• Oversee financial audits, tax, and other filings, ensuring appropriate accounting treatment.
• Monitor investment portfolio performance and ensure adherence to short-term investment policy by working with and reporting to the governing boards regarding investment strategy.
• Perform other duties as assigned.

Requirements and qualifications:

• Bachelor’s degree in business, accounting, or a related field is required. A certified public accountant and related graduate degree are strongly preferred.
• Approximately 10 years of experience in a senior financial role. Significant nonprofit grant management experience is strongly preferred.
• Experience working with an organization with both a 501(c)(3) and a 501(c)(4) affiliate is a plus.
• Demonstrated experience in financial statement preparation and responsibility over financial reporting for an organization with an annual budget larger than $40 million.
• Experience with a range of high-end accounting software is desired; proficiency with Microsoft Excel is required.
• Familiarity with negotiating and understanding office and equipment leases and purchases.

American Progress offers a full and competitive benefits package. Candidates from diverse backgrounds are strongly encouraged to apply. This position has a salary range of $200,000–$230,000.