Assistant Chief Financial Officer

Company Overview
Ohio Valley Opportunities, Inc. (OVO) is a dedicated Community Action Agency committed to empowering low-income households and fostering community development across multiple counties. Since its founding in 1965, OVO has been a leader in delivering innovative, outcome-driven programs that promote self-sufficiency, improved living conditions, and strong family support systems.

Ohio Valley Opportunities is seeking an Assistance Chief Financial Officer(ACFO) for our Madison, Indiana office. The ACFO is a mission-critical leadership position responsible for safeguarding the integrity, accuracy, and strategic value of OVO’s fiscal operations.

This position is a critical part of the compliance-driven aspects of non-profit fund accounting. The ACFO manages complex cost allocations across multiple federally funded programs and provide the financial insights that guide organizational growth and sustainability.

Essential Duties & Responsibilities

• Demonstrate mastery of GAAP and 2 CFR 200 Uniform Guidance.
• Execute and monitor complex cost allocation plans to ensure accurate distribution of expenses across multi-funded programs.
• Conduct monthly reviews of all general ledger accounts, maintaining clear audit trails that uphold OVO’s commitment to transparency.
• Assist with preparation for annual independent audits and program-specific federal/state monitoring visits.
• Apply advanced financial modeling and budget forecasting techniques.
• Collaborate with the CFO and Program Directors to develop and refine annual budgets aligned with OVO’s outcome-based mission.
• Provide real-time financial analysis to support data-driven decisions by the CFO, Executive Director, and Board of Directors regarding program expansion, sustainability, and resource allocation.
• Maintain rigorous oversight of onsite accounting activities to ensure adherence to OVO’s internal fiscal policies.
• Oversee accounts payable, accounts receivable, and payroll processing, ensuring strong internal controls and prevention of errors or duplication of services.
• Verify data accuracy in specialized systems, including GMS (Grants Management System) and advanced Excel-based models.
• Translate complex financial data into clear, actionable insights for non-financial stakeholders.
• Serve as a technical mentor to the fiscal assistant, offering guidance on payroll taxes, bank reconciliations, and routine fiscal processes.
• Communicate effectively with external consultants, vendors, and federal/state funders to maintain OVO’s reputation as a highly accountable community partner.

Qualifications

• Advanced proficiency in Microsoft Excel, including complex formulas and modeling.
• Deep understanding of the regulatory environment governing Community Action Agencies and federally funded programs.

Education

• Bachelor’s degree in Accounting, Finance, or a related field required.
• Master’s degree or CPA credential preferred.

Experience

• Proven experience in non-profit or governmental accounting.
• Demonstrated success managing multiple federal grants such as CSBG, LIHEAP, Head Start, or similar programs.

OVO is an equal opportunity employer and provider.

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid time off
• Professional development assistance
• Retirement plan
• Vision insurance

Work Location: In person