Small firm in the health and science arena is looking for a part-time CFO who is well-versed with NIH principles and grant accounting to join their team
Company: Specializing in health science and research
Hours/Schedule: 10 hours/week
Job Type: Contract, on-going
Location Requirements: Hybrid, work will be done remotely with some very occasional onsite meetings in their Arlington, Va. office
Rate: $70-$85, based on experience
Job Description: The CFO plays a pivotal role in overseeing the comprehensive accounting functions of this small non-profit. Over ten years of experience in a similar role is required, with proficiency in QuickBooks online and Microsoft 365. Extensive knowledge of grant accounting, NIH cost principles, and rate proposals is crucial.
Responsibilities:
- Oversight of all general ledger activities and the reconciliation of drawdowns with financial management software.
- The CFO advises the President and Vice President on critical financial matters, actively participating in strategic discussions and board meetings to present financial reports and strategies.
- Close collaboration with external consultants for the accurate submission of personal property taxes, pension plans, business licenses, and workers' compensation insurance.
- Oversee the accountant/office manager who handles essential financial operations including monthly project status reports, accounts payable and receivable, check writing, payroll processing, and management of petty cash, property, and equipment.
- A specialized segment of the CFO’s responsibilities is dedicated to managing financial operations related to grants, particularly those from the National Institutes of Health (NIH).
- This includes preparing for and managing annual NIH audits, negotiating and monitoring annual rates, and preparing comprehensive financial reports for grant projects.
- The CFO acts as a liaison for auditors, ensuring all documentation is accurate and queries are promptly addressed
- Bachelor’s degree in accounting or finance, CPA a plus.
- Over ten years of experience in a similar role is required, with proficiency in QuickBooks online and Microsoft 365.
- Experience with Payment Management Services(PMS), (a plus )
- Extensive knowledge of grant accounting, NIH cost principles, and rate proposals is a must.