Chief Financial Officer

Company: Democratic Governors Association
Location: Washington
Posted on: November 13, 2024

Job Description:

As a member of senior-level staff, this position reports to the Executive Director and is responsible for strategically aligning the financial operations of DGA and its associated state PACs, Federal PACs, 501(c) organizations, and Independent Expenditure organizations to its political and organizational goals. The Chief Financial Officer is expected to provide regular advice and analysis on the organization's financial status to inform strategic spending decisions at the highest levels of the organization.Primary Responsibilities

• Create, actively manage, and provide regular reporting to the Executive Director on a $300 million+ organizational cycle budget;
• Regularly provide short-term and long-term cash flow projections to inform political spending decisions for the Executive, Political, and Independent Expenditure teams;
• Closely collaborate with other department directors to understand and manage budget changes and expectations;
• Oversee the facilitation of coordinated-side political payments with the Political department;
• Oversee the facilitation of independent-side political payments with the Independent Expenditure department;
• Receive deposits to all entities through various fundraising programs while ensuring all campaign-finance reporting obligations are met;
• Align multiple types of revenue streams to meet organizational needs during any given election cycle, in collaboration with the National Finance Director, Digital Director, Political Directors, and legal counsel;
• Closely manage compliance vendor relationships and relationships with banks;
• Appropriately manage financial risk across the organization by creating a culture of close collaboration, documentation, and strong accountability;
• Oversee the DGA's Compliance, Accounting, and Budgeting departments to manage national and state level reporting requirements across all entities to file complete campaign finance reports on time and in close collaboration with the Political, IE, and Communications departments;
• Oversee Quarterly/Annual IRS and tax filings for all associated organizations in collaboration with accounting and legal firms;
• Oversee annual, external audit across all organizations;
• Manage other special projects, assignments, and tasks across the entire organization as assigned by the Executive Director.Minimum Qualifications
  • At least 10 years of combined experience managing multi-million-dollar, multi-account, and multi-department budgets for a committee, political organization, and/or a national non-profit/advocacy organization;
  • At least 10 years of combined experience facilitating payments and receiving contributions for multiple PACs and/or an organization with federal and state campaign finance reporting obligations - experience with both federal and state level organizations required and significant experience with nonfederal committees strongly preferred;
  • At least 4 years of experience working collaboratively with senior leaders across an organization to execute organizational goals in a timely manner.
  • At least 4 years building and managing a staff of 4 or more people directly as well as successfully managing outside consultants, lawyers, and accountants.
  • A strong understanding of the different functions and reporting requirements for nonfederal committees, Federal PACs, 527 organizations, state-registered PACs, 501(c) organizations, and experience managing financial operations for these types of organizations;
  • Strong experience providing short-term and long-term expense forecasts, and managing cash flow across multiple fundraising streams;
  • Strong experience using QuickBooks accounting software and NGP VAN software;
  • Demonstrated expertise with generally accepted accounting principles and collaborating with auditors to ensure financial health of multiple organizations;
  • Experience managing equipment, technology, and/or software among a large group of people by serving as an administrator of accounts;
  • Experience managing external relationships related to an organization's financial operations;
  • Experience managing a productive relationship with external accounting firm and legal counsel;
  • Knowledgeable of who the nation's Democratic Governors are and how they fit within the Democratic Party;
  • Must be comfortable with long, irregular hours during peak seasons.Diversity PracticesThe DGA recognizes that its continued success requires a staff of hardworking, intelligent people from diverse backgrounds. The DGA is committed to ensuring equal opportunity employment regardless of race, color, religion, national origin, sex, sexual orientation, marital status, age, disability, or veteran status.The DGA strongly encourages individuals with a diverse background to apply to this position and to share why your demonstrated commitment to diversity and experience working in diverse communities makes you a strong applicant as part of your cover letter.ClosingThe DGA offices are based in downtown Washington, DC. The DGA will work with potential candidates to schedule remote interviews and process onboarding procedures remotely, if necessary, though the CFO will be based in Washington DC.This position comes with 100% employer-paid health care for employee + spouse/partner + dependents, up to 4% 401(k) matching program, employer paid phone bill and other employee benefits.
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Keywords: Democratic Governors Association, Potomac , Chief Financial Officer, Accounting, Auditing , Washington, Maryland