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7. In consultation with and subject to the approval of the Executive
Committee and the Finance Committee, development of an Accounting
Policies and Procedures Section to be included in the Finance Committee
Policies and Procedures Manual adopted by the Council of Bishops;
8. Responsibility for the preparation and presentation of financial statements
in accordance with GAAP. Further, the CFO shall cooperate fully with the
external auditors in the auditing of the financial statements;
9. Responsibility for the preparation of monthly interim financial statements
and other reports, which shall be provided to the Finance Committee, the
Council of Bishops, and Global Ministry Center departments;
10. Reporting any financial irregularities or questionable transactions to the
General Superintendent and the Finance Committee Chairman;
11. Reporting at each regular meeting of the Finance Committee;
12. Review of HR and IT-related procedures, processes, and administration,
recommending improvements to the systems in place and managing the
systems going forward;
13. Evaluation and oversight of all benefits negotiations thus providing the
most competitive packages for employees;
14. Oversight of the risk management program in a manner that fulfils the
mission and strategic goals of the ministry;
15. Other duties as assigned by the Executive Committee and/or the Finance
Committee of the Council of Bishops.
Supervision and Line of Authority:
The CFO shall be primarily amenable to the Executive Committee and
secondarily amenable to the Council of Bishops through the Finance Committee
of the Council of Bishops.
Qualifications
The CFO will be a seasoned and mature leader with at least 12-15 years of
broad finance experience, ideally beginning in audit, followed by experience
gathering and evaluating financial information and making actionable
recommendations to senior leadership. The CFO will ideally have significant non
profit experience managing finance (accounting, budgeting, control, and
reporting), HR, and IT.
The CFO will have the following experience and attributes:
• A minimum of a BS, an MBA would be a plus.
• A Certified Public Accountant is preferred.
• Mature and proactive, with evidence of having worked as a true
business partner to the chief executive of a multi-state and networkbased
entity. If coming from the for-profit world, nonprofit board
experience preferred.
COB Meeting July 19-20, 2010