The Episcopal Diocese of Western North Carolina is the community of Episcopalians in the 28 counties of the westernmost portion of the state, with more than 15,000 members worshiping in 63 year-round congregations, six summer chapels, and two conference centers. The Chief Financial Officer (CFO) will manage, supervise and control all financial and business aspect of the diocesan operations. The CFO reports to the Bishop and works as part of the senior administrative team. The CFO works collaboratively with coworkers and committee officers. S/he also interacts with representatives of member parishes and institutions throughout the Diocese.
Specific Areas of Responsibilities
• Report and be accountable to the Bishop of the Diocese of Western North Carolina.
• Demonstrate a thorough understanding of accounting for non-for-profit organizations according to Generally Accepted Accounting Principles and applicable Financial Accounting Standards Board pronouncements, particularly FAS 117-1. Responsibilities include oversight of the financial activities of the diocesan office, including, but not limited to, preparation of monthly financial statement, management of cash flow, the receipt of contributions, acknowledgement of those contributions according to IRS standards, payroll and attendant tax filings, accounts payable, accounts receivable, other general ledger accounting, debt structure, maintenance of real property schedules, proper recording of investment activities in short-term and long-term funds, including board designated, restricted, and endowment and quasi-endowment funds.
• Properly account for all restricted funds including recording of purpose and nature of all funds and gifts to those funds. Reporting of fund balances, available funds, and appropriations, and ensuring that all grants and distributions follow fund guidelines.
• Develop and facilitate the budgeting process in conjunction with the Bishop, Staff, Fiscal Ministries, Diocesan Committees, and Executive Council.
• Monitor annual parochial reports from the parishes and submit diocesan report to The Episcopal Church.
• Supervise software for financial component of computer system and, in conjunction with Office Coordinator, serve as the vendor liaison for ACS computer system decisions.
• Co-ordinate the annual independent audit, as required by the Canons.
• Monitor parish audits.
• Co-ordinate with representatives of the Church Insurance Agency in matters pertaining to risk management, property and casualty insurance, directors and officer’s coverage, and workers’ compensation for the diocese and parishes and missions within the diocese.
• Provide information and support to parishes and conference centers, priests and parish administrators and volunteers, regarding proper accounting for issues.
• Coordinate for congregations health and life insurance and property and casualty insurance and related administrative issues.
• Support the development officer of the diocese on the financial aspect of development needs as they relate to capital campaigns, annual fund, major gift and planned giving issues.
• Provide staff support for the Bishop, Fiscal Ministries, Trustees, Executive Council, Camp Henry Board and Lake Logan Board and their meetings.
• Assist the Chancellor (diocesan attorney) of the diocese in matters pertaining to debt, property, loans or other issues which may arise.
• Prepare training instruction & relevant current information topics for the financial component of the Annual Diocesan Warden’s and Treasurer’s Day.
• Oversight of enrollments, changes and terminations for diocesan health, dental, life, disability insurance policies for employees of the diocesan office as well as well eligible participating clergy and laity in parishes and missions of the diocese.
• Responsible for all of the accounting and finance for Camp Henry, an annual summer camp operated by the Diocese. This includes payroll, accounts payable, budgeting/projections.
• Oversight of Lake Logan Conference Center’s financial processes including; budgeting/projections, review of accounting and general ledger entries, board financial representative, and ad hoc analyses including cost study.
• Assist parishes with financial issues.
o Perform audits for small parishes
o Perform ad hoc financial assistance and troubleshooting
o Currently responsible for all of the accounting for La Capilla, St. Georges and St. Thomas parishes.
• Perform other matters for the Bishop, as assigned
Qualifications and Requirements
• Professional trained in matters of finance, administration and accounting
• A Bachelor’s degree in accounting, finance, business, or related field is required. A CPA designation is strongly preferred.
• Strong analytical, computer (Word, Outlook, Internet) spreadsheet (Excel) and communication skills.
• Common sense experience in the world of non-profit business, finance, insurance and property management. This could be through participation on a board of a non-profit or church organization.
• Basic familiarity with the Episcopal Church and its polity regarding congregations, or a willingness to gain this familiarity.
• Experience in budget oversight, i.e. developing and reading budget reports, and anticipating material variations from projected results.
• Ability to respond to questions and communicate information with clarity.
• Ability to look forward and make recommendations about how the diocese may achieve its financial goals, particularly in role as advisor to Bishop.
• Ability to speak in front of groups and make presentations.
• Ability to multi-task and respond in a timely manner to a variety of different situations from budget application, investment strategies, property management, financial crisis management, and dealing with parish church concerns.
• Experience with the promotion of Stewardship and Planned Giving in a Christian context, would be ideal.
• Experience and willingness to work collaboratively, as well as ability to work independently and as a self-starter.