Chief Financial Officer
The Chief Financial Officer provides strategic leadership and oversight of financial, investment, and administrative operations while ensuring fiduciary integrity and operational excellence.
Organization Overview
Foellinger Foundation is a private, charitable foundation that invests in organizations, programming, and initiatives that serve Allen County residents with the greatest economic need and least opportunity. The Foundation was created in 1958 by Helene Foellinger, The News-Sentinel publisher from 1936 to 1981, and Esther Foellinger, her mother.
Position Summary
Since 1958 the Foellinger Foundation has proudly supported Allen County nonprofit organizations that are mission driven, well-governed, and results oriented. Due to a upcoming retirement the Foundation is seeking a Chief Financial Officer who will be responsible for the strategic leadership and oversight of the financial, investment, and administrative operations. This role is critical to ensure fiduciary integrity, operational excellence, and alignment with the Foundation’s vision and mission and long-term sustainability.
Position Specifics
Key Responsibilities:
Strategic/Organizational
- Actively engage in the Executive Team and the Foundation’s strategic direction.
- Lead long-term financial planning and scenario modeling to support strategic initiatives.
- Champion data-informed decision-making across departments.
- Serve as internal consultant to the CEO on financial, investment, and administrative matters.
- Foster a culture of innovation and continuous financial and system improvements.
- Stay current with market/investment, accounting/financial, tax and philanthropic trends.
- Manage, develop, and present the annual financial and capital budget.
Financial and Investment
- Directly support the Investment and Finance Committee, and Audit (Tax) Committee in the development and monitoring of the Foundation’s investment strategy and policies.
- Ensure outside investment manager compliance with Foundation investment policies.
- Direct all aspects of the accounting, finance, investment and administrative functions.
- Drive the development of processes that increase efficiency and effectiveness.
- Oversee the treasury function.
- Ensure timely and accurate financial reporting.
- Develop and maintain multi-year financial forecasts and models.
- Monitor and refine the system of internal controls to safeguard foundation assets.
- Serve as liaison with professional advisors.
- Coordinate and manage the annual audit and tax return filing.
Administration
- Oversee Foundation human resources, payroll and employee benefit programs.
- Oversee technology systems.
- Lead efforts to digitize and streamline administrative workflows.
- Ensure all legal and regulatory responsibilities are met.
- Oversee Foundation risk management.
- Oversee financial, investment and administrative contracts.
- Manage the financial review of grant applicants, summarizing results for the Program Team.
- Organize Investment & Finance Committee and Audit Committee meetings.
- Mentor and manage one direct report.
Qualifications
Ideal Candidate Profile:
- Bachelor’s or master’s degree in accounting or finance; CPA and/or MBA desirable.
- Minimum of five (5) years of experience in a significant financial/accounting position
- Knowledge of philanthropy and non-profit accounting preferred
- Experience with compliance and regulatory oversight; nonprofit regulations preferred
- Strong analytical research and problem-solving skills
- Experience with investment management and engaging investment advisors a plus
- Experience leading or actively participating in strategic planning efforts
- Excellent computer skills and knowledge of current technology
- A commitment to the Foellinger Foundation mission and its values to carry on the tradition of Helene and Esther Foellinger
- Strong interpersonal skills and ability to work effectively in a collaborative and transparent manner
- Strong organizational, written, verbal, and presentation skills
- Capacity to plan and direct multiple projects simultaneously
Salary & Benefits
What you will like about this role:
- Comprehensive benefits package, including medical coverage starting the first day of the month following your start date.
- Two investment opportunities: 401(k) with employer match and a profit-sharing plan contributing 10% of your base salary annually.
- The option to work remotely 6 days a month.
- A supportive, collaborative culture that is mission-driven.
Relocation assistance offered.