Chief Financial Officer

Position: Chief Financial Officer

Reports to: President/Chief Executive Officer

Job Summary: As a critical member of the Executive Management team, the Chief Financial Officer is accountable for the oversight and management of financial and IT functions. (Grantmaking and investment oversight is held with the COO and CIO respectively.)

Job Classification: Full-time, exempt

Salary Range: $220,000- $250,000

(Dependent on Experience)

ABOUT THE FOUNDATION

Founded in 1937 with a mission to enhance, encourage and promote the current and future well-being of the people of Colorado, El Pomar Foundation is one of the largest private foundations in the state, contributing over $25M annually in grants and programs to support Colorado nonprofits. El Pomar staff fulfills this mission, as set forth by our founders Spencer and Julie Penrose, through our grant making, leadership development programs, and our historic properties where people convene and connect to address current issues and learn about the past. Employees at El Pomar are part of a culture that seeks to help people live better lives and empower communities and individuals to make meaningful collective impact. For more information about El Pomar and its impact across Colorado, visit www.elpomar.org.

WORKPLACE CULTURE

We are committed to our values of respect, integrity, teamwork and excellence, and work hard every day to lift each other up and make a difference in the lives of our grantees, their communities and the sector. Much is expected of our staff in pursuit of this mission, and much is received in return.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Executive Team:

• Serve as a member of the Executive Management team: participate in key decision making, maintain in-depth relations with team members, ensure staff expertise and productivity in areas of responsibility, and participate in special projects as needed.
• Serve as an officer of the Foundation, provide staff support to the Board's Finance Committee, and attend all Board of Trustee meetings.
• Serve as the Plan Administrator of the 403(b)-retirement plan.
• Serve as Trustee of the Foundation's medical plan/trust.
• Serve as the Registered Agent of the Foundation.
• May serve as an officer of or member of other related/affiliated organizations or entities.

Finance & Information Technology Departments:

• Oversee and manage financial operations: maintain banking protocols, oversee cash management, monitor retirement plan compliance, oversee payroll and vendor transaction approval and processing, manage internal and external reporting regarding financials and taxes, evaluate and update financial systems, monitor and update procedures/controls/best practices, ensure audit compliance, ensure compliance with organizational and departmental document retention and destruction policies, monitor the organization's financial condition and compliance with IRS and other government directives, interface with transaction processing in various departments, provide guidance and review of annual budget development, compensation analysis and reasonableness reviews.
• Risk Management: participate in Foundation risk management assessment and decision-making, oversee the Foundation's insurance portfolio, and be the primary contact for the review and execution of contracts within the organization, in consultation with legal department as needed.
• Oversee and manage IT operations: ensure efficient computer operations and availability of effective technology tools for users, oversee project planning and prioritizing, ensure adequate cyber security, ensure compliance with organizational and departmental document retention and destruction policies, approve capital acquisitions and computer applications, oversee budget development, monitor service staff and user training, interface with outsourced support vendors, and provide strategic oversight on security and threats.
• Provide supervision and leadership of direct reports within Finance and IT Departments, including responsibility for: assigning and scheduling work, training, appraising performance, promotions and transfers, salary recommendations, interviewing and hiring, disciplinary discussions and termination of employment.

Team/Collaboration:

• Coordinate and work with various departments and programs within the Foundation.
• Collaborate with and provide strategic support and guidance to the Human Resources department and Grants department on the financial aspects of their respective operations.
• Support the organization and its departments with document management and retention, in collaboration with the legal department.
• Maintain effective relationships with relevant third parties: participate on external nonprofit Boards, maintain critical vendor/professional relationships, attend professional development courses, and participate in external convening opportunities.
• Support the Regional Partnerships program as a regional staff member in at least one region, providing strategic direction and direct supervision of regional Fellows.

KNOWLEDGE, SKILLS AND ABILITIES

• A strong understanding of the fundamentals in finance
• Experience partnering with an executive team
• The ability to originate and develop very complex ideas in new and undefined ways
• Proactive, strategic approach to seeking out ways to enhance the Foundation's ability to complete and extend its goals through your areas of program responsibility
• Singular accountability and responsibility for all job elements
• Advanced organizational and management skills, strategic thinking, capacity to see both the larger picture and the detailed steps needed to achieve it
• Excellent verbal and written communication skills
• Proficiency in Microsoft Office products
• Ability to multi-task and solve problems under sometimes short or conflicting deadlines
• Strong interpersonal skills and the ability to work independently, as well as a contributing member of a team
• Strong attention to detail
• Proactively seek to develop new skills to enhance overall job and department effectiveness

PHYSICAL DEMANDS AND LEADERSHIP CHARACTERISTICS/QUALITIES

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. A successful candidate must be able to work in a fast-paced environment with exceptional multi-tasking skills. Well-developed organizational, analytical and problem-solving skills are required. Applicants should be honest, confident, personable and professional.

This position requires the ability to work in a courteous professional manner with the public and honor the Foundation's recognized values of respect, integrity, teamwork and excellence.

The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

MINIMUM QUALIFICATIONS

• A successful candidate must have a bachelor's degree, be a Certified Public Accountant or have received a master's in business administration with a Finance concentration and have at least fifteen (15) years of relevant experience with progressing levels of responsibility.
• Experience in investment or endowments is preferred. Experience in nonprofit financial accounting management in a private foundation is preferred.
• Candidates must be able to travel within the State of Colorado.
• Hiring is subject to passing an employment pre-screening (background check).

REMOTE WORKING:

This position does qualify for remote working per the policy in the Employee Handbook.

CURRENT BENEFITS:

Paid Time Off

• 15 days of vacation, 10 days of health and wellness and 2 floater holidays per year (vacation time increases with years of service)
• Options to roll-over and year-end cash-out
• 10+ holidays per year
• Paid FMLA (must meet FMLA requirements to qualify)
• Paid FAMLI - administered by State of Colorado and must meet requirements to qualify - this benefit does not provide 100% wage replacement

403(b)

• Employees may contribute pre-tax earnings immediately upon employment
• After one year of employment, 100% match by Foundation on up to 6% of employee deferral

Medical, Dental, Vision, Direct Primary Care and Supplemental Insurance

• Direct primary care provided by One Medical at no cost to employees (must carry Foundation's medical insurance plan). No co-pays for office visits and access 24/7.
• Foundation pays 95% of medical, dental and vision premium for employees and their dependent(s)
• Foundation pays all but $30 of the cost for supplemental insurance and identity theft protection
• Foundation pays 100% of long-term care

Other Benefits:

• 100% employer paid Basic Life, AD&D, and Long-Term Disability Insurance
• AAA Membership
• Tuition reimbursement
• Childcare reimbursement

HOW TO APPLY:

We encourage all qualified candidates to apply by submitting a cover letter and resume no later than 5:00pm on Tuesday, May 13, 2025 (MST) to nmagic@elpomar.org.

Successful candidates will be contacted no later than May 20, 2025 to schedule an interview. Interviews will take place on June 18 and June 20, 2025.

If you have any questions, please email Nicole Magic, VP of Human Resources, at nmagic@elpomar.org.