Chief Financial Officer
Reports to: Executive Director Payroll type: salary (exempt)
Days/hours work: Available Monday-Friday (8:00-4:00 PM), 40 hours per week
Desired timing of hire: November 2024 - February 2025
Job Posting date: Nov 14, 2024
Location: La Soupe, 915 E McMillian St, Cincinnati, OH 45206
About La Soupe: La Soupe is a 501(c)(3) nonprofit organization located in the Cincinnati neighborhood of Walnut Hills. It is the largest chef-led initiative in Ohio that bridges the gap between food waste and insecurity. We partner with volunteers and over 150 local grocers, farms, restaurants, manufacturers, and distributors to rescue an average of 25,000 lbs of fresh food weekly. Our team of chefs expertly transforms these rescued ingredients into restaurant-quality soupes and meals that are shared with community partners who feed the food insecure. La Soupe has rescued over 6 million pounds of food and shared over 3.5 million restaurant-quality servings since its inception. While La Soupe chefs and volunteers are addressing the immediate needs of food waste and food insecurity, La Soupe dietitians, teachers, and advocates are dedicated to creating sustainable change through our programs that educate and empower communities to waste less and live healthier.
Summary: Seeking a full time Chief Financial Officer (CFO) to oversee and manage all financial, accounting, HR, purchasing, and legal aspects of La Soupe, ensuring fiscal health and compliance. With a staff of 43 employees, La Soupe is currently executing an annual operating budget of $3.5 million, plus approximately $4 million of in-kind donations of rescue food and volunteer labor. The CFO serves as an active member of the Executive Management team reporting to the Board of Directors and helps develop and implement the
organization’s vision and mission.
Job Responsibilities:
● Direct and oversee all financial activities of La Soupe, including accounting, budgeting, financial reporting, and forecasting.
● Manage and develop the finance team, including the accountant, who manages in the day-to-day accounting for accounts payable, invoicing, point of sale (POS) activity, and fundraising, including ensuring proper classification for each entry.
● Oversee HR functions in collaboration with the Executive Director, including employee benefits and payroll which are managed internally, and outsourced HR support including risk, employee lifecycle, and performance management systems.
● Support the Philanthropy team with timely reports for foundation and government grant reporting through fund accounting practices.
● Manage procurement processes and vendor relationships.
● Ensure legal and regulatory compliance in financial, HR, and operational matters.
● Develop and implement financial strategies to support La Soupe’s mission and growth.
● Create and manage annual budgets by program/cost center, including for new or expanded programs.
● Accountable for the reconciliation all month-end reporting systems, including Quickbooks, donor software (Little Green Light), POS systems (Stripe and Toast), Paypal, and payroll system
● Responsible for the financial education of La Soupe department heads to manage their resources. Work closely with Program Directors to address budget questions and interpret results.
● Analyze financial results and present to the Executive Director, Board Chair, and Board of Directors.
● Manage banking relationships and oversee cash management strategies, including investment management activities and recommendations.
● Implement and manage procedures for bank reserves and funds.
● Develop, strengthen and manage accounting control systems to ensure the accurate and timely production of accounting information and financial reports.
● Lead the annual financial audit process and serve as the primary liaison with external auditors.
● Conduct ongoing risk analysis and manage La Soupe’s liability insurance program.
● Additional duties may involve review and guidance with business plans of external non-profit organizations and potential oversight and administration of designated pass-through funding from government agencies to these other non-profits.
● Participate in strategic planning and decision-making as a member of the Executive Management Team.
● Manage priorities effectively to meet deadlines and demonstrate multitasking skills.
● Assimilate new information and technology.
● Foster and cultivate business opportunities and partnerships.
Skills and Education:
● Bachelor’s degree required, Master’s preferred in Business Administration, Accounting, or Finance.
● Minimum of 7-10 years of progressive experience in financial leadership roles, preferably in non-profit organizations.
● Strong knowledge of GAAP with specific emphasis on fund accounting, non-profit accounting, and IRS regulations for 501(c)(3) organizations.
● Certified Public Accountant (CPA) designation is a plus.
● Preferred progressive experience in Human Resources management
● Experience in financial, accounting and payroll software, including QuickBooks, payroll systems, and donor management software. Comfortable with Google Suite and Microsoft Office Suite
● Ability to translate complex financial concepts to individuals at all levels.
● General accounting and financial reporting procedures in accordance with GAAP and guidelines designated by the Federal Government, the State of Ohio, and other reporting requirements designated by guidelines prescribed by grants and donors with specific reporting requirement attachments.
● Employee benefits experience, including the management of health care and retirement plans.
● Ability to understand the needs of the organization when representing La Soupe while seeking HR, Legal and IT support for the organization.
Ideal Characteristics:
● Strategic thinker with the ability to see the big picture while managing details.
● Strong leadership and team management abilities - Collaborative team player with excellent interpersonal skills.
● Outstanding communication skills, both verbal and written.
● Self-motivated with a passion for La Soupe’s mission - Food enthusiast with a desire to help others.
● Highly ethical and transparent.
● Adaptable and flexible in a dynamic non-profit environment.
Compensation and Benefits:
● Commensurate with experience. Range: $75,000 - $110,000 annually.
● 11+ Paid Holidays, Free Lunch, Free parking
● Health Insurance with company contribution. Family health insurance, employee vision, and dental are provided at employee cost.
● 401(k) plan - no match, life insurance and AD&D
● 5 Paid Sick days accruing annually and 4 weeks annual PTO available after 90 days of employment. Parental paid leave policy after 6 months employment.
● Opportunity to work with the best crew in the city while helping communities
La Soupe is committed to work-life balance and will consider candidates interested in hybrid, and other flexible arrangements that meet the needs of both the agency and the candidate.
Please send a cover letter and resume to Emmy Schroder, Executive Director: emmy@lasoupe.org
Applications will be accepted on a rolling basis until the position is filled.
Physical Demands and Work Environment:
Must be able to meet routine office physical demands including climbing stairs, carrying up to 20 pound objects and possessing the dexterity and vision to operate office computers and equipment. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. While performing the duties of this job, the employee is occasionally exposed to humid conditions, fumes, airborne particles, and outside weather conditions. The noise level in the work environment is usually moderate.
Equal Opportunity:
La Soupe, Inc. values a diverse and inclusive work environment where every team member matters. All qualified applicants for this position will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.