Demo

Chief Financial Officer

Norwescap
Phillipsburg, NJ Full Time
POSTED ON 12/9/2025 CLOSED ON 1/8/2026

What are the responsibilities and job description for the Chief Financial Officer position at Norwescap?

Norwescap, a nonprofit organization serving tens of thousands of low-income individuals and families in Northwest NJ, seeks a dynamic, savvy, innovative, and ethical leader to serve as our Chief Financial Officer. As a vital member of the Executive Leadership Team, the Chief Financial Officer reports to the Chief Executive Officer and assumes a strategic role in the overall management of the organization.


The CFO has primary day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the organization. This includes direct responsibility for accounting, finance, forecasting, financial planning, job costing, deal analysis and negotiations, program compliance and private and institutional financing. The CFO also oversees the Human Resources, Facilities, and IT functions of the organization.


Essential Functions:

  • Responsible for direction of all accounting and finance functions of the organization and its subsidiaries and related entities.
  • Provide Chief Executive Officer and Board of Trustees with all financial data needed for proper management decisions.
  • Work as a team with Chief Executive Officer, Executive Leadership, and Program Directors to assess and evaluate financial implications of operational and programmatic decisions.
  • Establish and maintain up-to-date fiscal controls to ensure proper use of all funds, compliance with all grant obligations and timely reporting. Ensure that effective internal controls are in place to ensure compliance with GAAP and applicable Federal, State and Local regulations, laws and rules for financial reporting and fiscal management.
  • Develop agency annual budget, with input from the CEO and agency Executive Leadership for Board approval prior to the agency fiscal year.
  • Develop annual program and departmental budgets in conjunction with the leadership Chief Program Officer, Program Officer, and Program Directors.
  • Prepare monthly/quarterly/annual program financial statements, special analyses and other reports as required. Ensure that the financials are timely, accurate and in compliance with GAAP. Prepare monthly financial statements for review by the Board's Finance Committee and approval by the full Board.
  • Work closely with the Chief Development Officer to appropriately track, account for, and report on, fundraising and earned income efforts.
  • Direct and supervise all accounting team members.
  • Supervise the Facilities, Human Resources, and IT Directors. Top level oversight of the management of all three departments, including development of an annual capital budget.
  • Primary oversight of risk management functions, including liaison with liability insurance broker and approval of applicable contracts.
  • Manage the relationship with an external audit firm and serve as liaison to the audit firm for development of annual financial statements, and the agency 990 filing.
  • Close agency books on a monthly basis.
  • Continuous evaluation of short and long-term strategic financial objectives.
  • Serve as member of Benefits/Pension Committee.
  • Attend all Board and Board Finance Committee meetings. Serve as lead staff liaison to Finance Committee chair.
  • Remain current on all changes/updates with regulatory and compliance implications and advise leadership accordingly.

 

Education and Experience:

  • Bachelor's degree in accounting, finance, or related field required. 
  • Minimum of five years' experience in a senior financial managerial position in a non-profit organization required.
  • CPA or MBA required.
  • Proficiency in MS Office (including Word and Excel required).
  • Proficiency in AccuFund or similar accounting systems, government reporting systems, and financial tracking/software systems required.

 

Competencies:

  • Project Management
  • Integrity and Leadership
  • Creativity and Curiosity
  • Discipline and Resourcefulness
  • Spoken and Written Communication
  • Strategic Thinking
  • Hands-on Approach


Norwescap provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status,  sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws


This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Salary.com Estimation for Chief Financial Officer in Phillipsburg, NJ
$253,885 to $423,158
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