Chief Financial Officer

FLSA:
Exempt

General Description::
The Chief Financial Officer (CFO) is responsible for the overall financial operations and strategy for the diocese and for fostering the diocesan mission as a professional, honest, and prudent resource. The position is appointed by the Bishop to fulfill the particular financial affairs of the diocese as specified under the Code of Canon Law, as well as to perform other duties designated by the Bishop.Under the authority of the Bishop, it is for the CFO to administer the goods of the diocese in accord with the budget determined by the Diocesan Finance Council (DFC) and, from the income of the diocese, to meet expenses which the Bishop or others designated by him have legitimately authorized (cf. can. 494, §3).Along with being governed by civil employment regulations, the position of Chief Financial Officer is an ecclesiastical office governed by the provisions of the Code of Canon Law.

Duties and Responsibilities:
Under authority of the Bishop, directs, manages, and supervises the financial operations of the diocesan administrative officesEnsures that financial goals and objectives, based on the diocesan mission as determined by the Bishop, are met and are in accordance with canon law, established diocesan policy and procedure, and civil and governmental regulationsOversees the administrative and financial functions of the Diocesan Finance Office while delegating duties and maintaining a formal means of accountability for the staff of the Finance OfficeAssists the DFC in establishing a budget of the income and expenditures which are foreseen for the entire governance of the diocese in the coming year by overseeing, in conjunction with the Bishop and the Moderator of the Curia, the preparation of the annual budget of the diocesan administrative offices (cf. can. 493).Monitors the financial execution of the diocesan administrative offices annual budget, makes recommendations as to available resources and financial limitations, implements sound internal accounting controls, and ensures effective communication of these controlsEnsures preparation of monthly, quarterly, and annual financial statements for diocesan administrative offices, diocesan officials, DFC (cf. can. 494, §4), and appropriate external organizationsProposes internal policies and procedures to be enacted for the execution of the budget of the diocesan administrative offices, as well as policies and procedures for the acquisition, administration and alienation of goods pertaining to the diocese and its entities; ensures effective communication and implementation of the policies and procedures enacted.Oversees all receipt and disbursement activity for the diocesan administrative officesOversees the diocesan centralized payroll systemOversees Chancery information system managementOversees risk management for all diocesan entities Oversees internal audit program for all diocesan entities, ensuring that financial internal controls are adequate and functioningServes as staff to and works in collaboration with the DFC, committees of the DFC, and other consultative bodies established by the Bishop and Canon Law as requiredOversees, monitors, and manages all investments of the diocese, including the acquisition and disposal of real property, stocks, bonds, and other financial instrumentsManages the diocesan self-insured insurance and benefit program loss fundsDevelops and maintains liaison relationships with investment managers and bank custodiansServes as liaison with the third-party commercial insurance broker and oversees the diocesan commercial insurance programCoordinates the annual diocesan audit process in conjunction with the Financial Controller and outside accounting firmAnalyzes parish/school financial information for construction/renovation projects presented to the Bishop, College of Consultors, and diocesan Finance CouncilMaintains a high level of contact with entities throughout the diocese, especially with Pastors and their parish staffs and finance councils.Engages and interacts with legal counsel on issues pertaining to diocesan financial and administrative affairs and represent the diocese regarding financial matters with government agencies

Minimum Qualifications:
Bachelor’s degree in a business-related field, finance, and/or accounting from an accredited institutionCertified Public Accountant (CPA) with current credentials desiredMinimum of six years of executive level experience in financial management or related work experience, preferably in a non-profit/religious environmentPracticing Catholic in good standing with the ChurchExpert in financial affairs and absolutely distinguished for honesty (Canon 494, Code of Canon Law)Possesses a valid drivers’ licenseCreative and quick intellect, coupled with strong business judgmentAbility to maintain absolute confidentialityAdvanced knowledge of budgeting principles and practices, accounting principles, investment and financial reporting methodologiesStrong organizational, administrative, interpersonal, and leadership skillsKnowledge of and experience in current office-related computer system(s), including but not limited to WORD, EXCEL, OUTLOOK programs. Ability to clearly communicate and interact with the many different persons who will be in contact with the office, both internally and externallyMaintains up-to-date personal certification for the diocesan Safe Environment program