TechnoServe seeks an experienced, strong and effective Chief Financial Officer (CFO) who will provide strategic and day-to-day financial leadership, ensuring that proper financial systems, processes and controls support our complex global organization. Operating in 29 countries, TechnoServe is a nonprofit leader dedicated to harnessing the power of the private sector to help people lift themselves out of poverty.
TechnoServe works with enterprising men and women in the developing world to build competitive farms, businesses, and industries. We help grow strong markets that create income and jobs in poor communities. By linking people to information, capital, and markets, we have helped millions to create lasting prosperity for their families and communities. With nearly 50 years of proven results, we believe in the power of private enterprise to transform lives by connecting people to information and market opportunities.
Our four core values embody our deepest beliefs and our highest aspirations – they serve as the guiding principles that drive and inform our organization at every level:
Collegiality: We share responsibility, ideas and tools in a spirit of connection, collaboration and candor.
Integrity: We hold ourselves to high ethical standards, respect the rule of law and behave honestly and openly.
Resourcefulness: We are problem solvers who think creatively, act boldly and learn from our mistakes.
Results: We are accountable for lasting, measurable impact.
Our Vision: We will be the most effective catalyst and partner for transformative, on-the-ground, market-based solutions to poverty. To achieve our vision and mission, TechnoServe focuses on market systems in the developing world that have:
A clear opportunity – an unmet demand for a product or service
The potential for inclusive growth that benefits poor people in their roles as producers, entrepreneurs, employees or consumers
The potential for scale – impacting significant numbers of families
We’ve grown exponentially over the past decade, designing interventions for greatest impact and striving to ensure that the farmers and businesses we work with continue to reap financial benefits long after a TechnoServe project ends. Our 2016 Impact Results tell our story:
$196M in increased revenue and wages generated as a result of TechnoServe’s work
594,000 people and businesses who saw increased financial benefits as a result of our work, positively impacting the lives of 2.9 million people
$35M in loans and equity provided to farmers and businesses by the private sector with TechnoServe’s facilitation
TechnoServe’s success in creating business solutions to poverty is due in large part to our talented and highly committed team. Governed by a 28-member international Board of Directors, we employ over 1400 people, 90% of whom are host-country nationals working in the field including Latin America, Africa, and Asia. Headquartered in Washington, DC, our 2018 budget is $86M. TechnoServe works with over 140 active donors, including domestic and foreign government funding, private sector partners, finance sector funders, and foundations. For more information about TechnoServe, see www.technoserve.org .
Reporting to the CEO, the CFO provides strategic and daily financial leadership to the organization, ensuring program quality and financial integrity for this complex organization through appropriate management, planning, contracting, accounting and financial reporting, audit, and control/compliance functions. The CFO is a member of TechnoServe’s C-Suite Team (CEO, COO, CHRO, CFO) and the 12-person Executive Team, which includes the CEO, COO, CFO, CHRO, SVP, 3 VP’s and 4 Regional Directors. With four direct reports, the CFO will oversee a team of 24 finance professionals in the US and work closely with 22 directors and controllers around the globe.
Key Priorities and Responsibilities
Working with the CEO, members of the Executive Team, the finance department, and other staff at TechnoServe, the CFO will focus on the following priorities:
Understand TechnoServe’s complex business model and the systems, functions, and procedures that support finance and accounting operations in our Washington, DC headquarters and our in-country field offices.
Build effective working relationships with key board committees, directors and staff in all departments, and staff in the finance department.
Lead financial systems improvements to build a current financial systems architecture that aligns with TechnoServe’s complex global business, supports real time integration between HQ and field offices, and integrates finance and accounting capacity to sustain future growth.
Ensure high levels of consistency and compliance across HQ and field offices that support programmatic excellence.
Remain current with new accounting, tax, and other regulations.
In addition to these key priorities, the CFO is responsible for the following:
Finance & Treasury
Oversee cash, investment, and asset management
Manage cash flow planning
Steward banking relationships & oversee financing strategies and activities
Develop and utilize predictive models, forecasting, and financial analyses to inform planning and operational decision-making
Planning & Policy
Lead annual budgeting process, including coordinating development and monitoring of country, departmental and corporate budgets
Develop financial business plans and forecasts
Participate in corporate policy development
Engage with the Audit and Finance Committees of the Board of Directors
Represent the organization to financial partners
Accounting & Administration
Lead and support effective initiatives to ensure consistent and high standards of excellence in accounting execution across field offices and HQ
Identify and execute activities to improve and maintain accounting systems and functions that support TechnoServe’s current global business model and anticipated future growth
Oversee appropriate internal controls, financial procedures, and accurate accounting for TechnoServe’s global time, facilities, travel and procurement
Ensure timely, accurate, and useful financial and management reporting for multiple audiences including Board of Directors, CEO/Executive Team, donors/funding sources, etc.; oversee preparation and communication of monthly and annual financial statements
Coordinate management requirements and responses for external, internal and project audits
Prepare and deliver reports on TechnoServe’s financial condition and financial and control issues to appropriate Committees and the Board of Directors
In collaboration with General Counsel and the COO, support the continued evolution and maintenance of TechnoServe’s branches and affiliates throughout the world
Oversee reporting preparation and submission for government and regulatory purposes in the US and abroad
TechnoServe uses a variety of tools to support its operations: Microsoft Dynamics NAV accounting software at HQ and in field offices, ADP payroll, proprietary timekeeping software, Google Office Suite, and SalesForce CRM. The CFO position also provides the opportunity to travel abroad to Latin America, Africa, and Asia.
Experience and Attributes
Highly qualified candidates will share our commitment to mission and will embody our core values of collegiality, integrity, resourcefulness and results. Successful candidates will bring a range of skills and experiences including (and not limited to):
15+ years of broad financial experience, including 5+ years managing the finance function of an international development or donor-funded organization
Management experience with international rules and regulatory environments affecting DfID, US grants/cooperative agreements, currency exchanges, etc.
5+ years serving as member of senior leadership team and/or serving as a proactive and collaborative business partner to the CEO
Strong analytical skills and experience interpreting a strategic vision into an operational model
Tech-savvy with an understanding of finance systems that support and meet complex organizational and finance needs
Significant experience building new systems and implementing policies and procedures in line with Cost Accounting Standards, Federal Acquisition Regulations, NICRA calculations, and related compliance requirements across US and foreign government funding agreements
Extensive experience with donor and external audits
An effective communicator at all levels in the organization, with strong oral and written skills and a willingness to share information
Advanced degree in Accounting or Finance; MBA and/or certification in contract management preferred
CPA or Chartered Accountant certification preferred
Willingness to travel internationally; current passport
US citizenship or permanent US residency required
To apply, e-mail resume, cover letter and salary requirements to: TechnoServeCFO@raffa.com (e-mail applications are required). For other inquiries, contact James Sunshine at firstname.lastname@example.org . Resume reviews begin immediately.
TechnoServe encourages diversity in all levels and across all facets of our organization. With this commitment to diversity, we are proud to be an equal opportunity employer and do not discriminate on the basis of gender, race, color, ethnicity, religion, sexual orientation, gender identity, ages, HIV/AIDS status, protected veteran status, disability and all other protected classes.
Additional Salary Information: Salary will be competitive and commensurate with experience.