Confidential Search & Selection
HIGHLY CONFIDENTIAL - The information in this position description is highly confidential. Please consider that this email contains confidential and/or privileged information. Any unauthorized copying, disclosure or distribution of the material in this email is strictly prohibited. Candidate shall not disclose to any person any confidential information concerning this position. If you are not the intended recipient (or have received this document in error) please notify the sender immediately and destroy this document.
World Wide Search World Class Leaders US Partner of IMD International Search
CLIENT:
The New York City Rescue Mission
ROLE:
Chief Financial Officer
LOCATION:
New York, New York
REPORTS TO:
Chief Executive Officer
WEBSITE:
www.nycrescue.org
ITUATION OVERVIEW psen Fuller Group has been engaged to recruit a Chief Financial Officer for New York City Rescue Mission, a Christian faith-based 501(c)3 non-profit rescue mission for the homeless. The New York City Rescue Mission has been serving the poor, hungry and homeless of New York City since 1872.
BOUT THE NEW YORK CITY RESCUE MISSION he New York City Rescue Mission is in the business of giving hope. Founded in 1872 as The Helping Hand and later renamed as the well-known McAuley Water Street Mission, it is the oldest rescue mission in the United States. In 2000, the McAuley Water Street Mission became the New York City Rescue Mission and today provides over 220 beds to the city’s hungry, homeless, and hurting. n addition to meeting the physical needs of those it cares for, the organization addresses their deeper emotional and spiritual issues to help them transform their lives and reconnect with the world. A Christian, faith-based organization dedicated to healing and recovery, New York City Rescue Mission daily meals, overnight stays, as well as a 9-12 month Recovery Program for inpatients that incorporates work therapy, relapse prevention, job readiness, nutrition, anger management, Bible study, and more to empower men and women to overcome substance abuse and other life-controlling and debilitating issues. he attention to the whole person - body, mind and soul - is restorative in its approach and life changing in its impact.
US Partner of IMD International Search
Our foundation is Hope
Purpose The New York City Rescue Mission exists to provide help and hope to the hungry, homeless and hurting men and women of New York City.
The confident expectation that a life can change.
Our spirit is Love Purposeful commitment to sacrificial action for one another. Our character is Excellence Who we are and how we serve.
Our attitude is Community Unity brings strength.
Outcomes 96,252
39,761
Dinners
13,664
4,868
Lunches
50,072 Pieces of Clothing
17,945
Men sheltered
Breakfasts
31,108
Snacks
35,483
Work therapy hours
8,433
Women sheltered
Pantry meals
4,974
Learning center hours
1,192
Counseling hours
2,542
Social Service Visits
243
Clinic Visits
“The New York City Rescue Mission is a place where you can see lives change right before your very eyes.�
World Wide Search. World Class Leaders
Chief Financial Officer
Watch the Effie Award Winning Short Film
Make Them Visible, reveals a different perspective by which to think about those who are homeless. The film was honored for giving the viewer an unexpected experience and paradigm shift in just three and a half minutes. The New York City Rescue Mission, in partnership with Silver + Partners, originally produced this as a social experiment, geared at revealing how we, as a society, see our homeless neighbors. Every experiment must have an outcome - so the Make Them Visible Foundation was born.
US Partner of IMD International Search
ENIOR MANAGEMENT Craig Mayes, Ph.D. Chief Executive Officer Craig spent eight years as professor in counseling/psychology and eighteen years as a pastor at two churches. He worked at the Detroit Rescue Mission and in a halfway house during his younger years. Craig’s major legacy has been his work in a large mission overseas in India, where there is now an orphanage, hospital, elderly home, school, service for widows and more. “Over the years my heart for the poor has continued to grow. Now I have the great opportunity to lead this historic institution in NYC (142 years and counting!). I also have the privilege of leading a great team of men and women on our staff who are committed to using their abilities and passions to help the poor. Together we are committed to bring the best that we can offer to the “least” in our community.”
Dan Benson Chief Operating Officer Dan spent the last 20 years as the COO at a healthcare company growing the organization he founded (and later divested) to 15,000 employees, located in 85 locations, and with an annual revenue of just under $1 billion. Dan has a passion for the homeless and has recently fulfilled a lifelong goal of transitioning from a large for-profit organization into serving the poor in a leadership capacity of a non-profit organization. He has also served for the last 8 years as the Chairman of the Board for New York City Relief, which is an Alliance partner of the NYC Rescue Mission. Dan earned his BA Degree in Business from Taylor University and an MBA from Indiana Wesleyan University and is married with seven children, two of whom were adopted from an orphanage in Ethiopia.
Vanita Boswell, Ph.D. Chief Advancement Officer Prior to joining NYCRM, Vanita was the Founder and CEO of VALO Group, LLC, a social impact firm headquartered in New York City, whose clients include NYCRM, Girls Who Code, Oxfam, and Make Them Visible Foundation. As a thought leader and veteran fundraiser with 20 years of development experience, Vanita has led conversations at the United Nations Status on Women, recently received a Service Award for National Women’s History Month from the FBI, honoring women in Public Service and Government. Vanita is also the Executive Producer of the film Rooting for Roona, a documentary chronicling the plight of children in India suffering from birth defects and the impact on their families. Vanita has also served with Girl Scouts of the USA, United Nations, Acumen Fund and other impactful social change agencies. Vanita holds a MS in Counseling Psychology and a PhD in Sociology.
World Wide Search. World Class Leaders
Chief Financial Officer
COMPELLING OPPORTUNITY ith the success of a recent $11M capital campaign, resulting in a significant expansion in ability to serve both male and female clientele, and future plans for the addition of a new family shelter to enable servicing the children of homeless mothers, the New York City Rescue Mission is seeking a Chief Financial Officer to partner with the Chief Executive Officer in spearheading the strategic direction of the organization and ensure its continued positive growth trajectory.
OSITION eporting directly to the Chief Executive Officer (CEO) and with close interface with the governance committee of the Board of Trustees, the Chief Financial Officer (CFO) is a member of the senior management team and has overall responsibility for the capital structure, financial reporting, accounting, treasury management, human resources, technology, and administrative systems of NYCRM. he CFO collaborates with the CEO and Chief Advancement Officer (CAO) developing and implementing the organization’s strategic plan in order to meet its near and long-term goals. The CFO directs and implements the financial strategy, enhances and improves financial and administrative systems and processes, monitors and analyzes business plan results, manages donor relations and ensures compliance with all donor covenants, government regulations and industry best practices. The CFO will also work closely with the Board of Trustees and the Audit and Finance Committees to manage the business and financial matters and assure financial and reporting compliance.
Scope of Accountabilities Strategy
Together with the CEO, develops the strategy to ensure that the organization has the financial resources needed to achieve its current and future goals;
Together with the CEO develops and implements strategies to recognize and mitigate financial, operational, and reputational risks;
Oversee long-term budgetary planning and cost management in alignment with the New York City Rescue Mission’s strategic plan;
Engage the Chief Advancement Officer to align financial management with short and long-term financial planning and projections;
US Partner of IMD International Search
Engage the board finance and investment committees around issues, trends, and changes in the operating model and operational delivery;
Develop and maintain effective working relationships with board of trustees, finance and audit committee members, funders, investors, partners, borrowers, consultants, vendors, and other staff.
Capital Structure & Management
Represent NYCRM to external funding sources, regulatory agencies, and lending partners as it relates to financial reporting and take lead to negotiate terms and structure of capital;
Collaborate with the CEO to seek and acquire new sources of loan capital from a variety of sources that results in a strong financial position for NYCRM and appropriate capital for continued growth;
Assure that all financial obligations are comprehensively monitored for compliance, including balance sheet, operating, reserve and other covenants.
Financial & Operational Management
Oversee operational budgeting, capital management, long-range forecasting, investment and cash management, audit, accounting, purchasing, and insurance activities, while monitoring progress and presenting operational metrics both internally and at the Board level;
Represent NYCRM with key vendors including contractors, consultants, human resources, benefits and insurance coverages;
Administer, monitor, and recommend improvements to internal financial policies and procedures, personnel policies, and investment policies to maintain adequate controls and service levels;
Ensure that finance staff maintains accurate financial record systems if high integrity, directing all financial, project-based, and departmental accounting;
Proactively manage and monitor cash flow, forecasting, and transaction levels assuring funds are available at optimal levels;
Ensure the controls are appropriately documented and review the control processes to ensure controls are operating effectively;
Oversee the preparation and approval of all financial reporting materials, including direct monthend close, account reconciliations, and assembling the month-end close binder;
Prepare and communicate monthly, quarterly, and annual financial statements as well as budget to actual results on a timely basis and discuss results with the CEO and the New York City Rescue Mission’s Board of Trustees;
Prepare additional analytical reports in support of operations, capital campaigns and other special projects, extracting data from the internal database and financial system(s);
Prepare and review donation data and metrics for funding organizations for analytical review, including evaluation of historical trends in order to ensure the future success of all programs;
Coordinate all annual audit activities, preparing required supporting documents and financials to assist the external auditors; additionally, complete required annual audits associated with all insurance policies, retirement plan(s), etc.
World Wide Search. World Class Leaders
Chief Financial Officer Board and Committees
Lead staff in coordinating activities of the finance committee including scheduling, developing agendas and providing reports on financial, funding, investment and organizational performance to committee members in a well-organized, accurate and timely fashion;
Attend all Board, Audit and Finance committee meetings;
Participate in annual and strategic planning processes.
Human Resources
Evaluate and oversee all benefits negotiations, thus providing the most competitive packages for New York City Rescue Mission’s employees;
Review all formal HR related procedures, processes, and administration, recommending improvements to the systems in place and managing the systems going forward;
Maintain and update all employee related files;
Prepare bi-monthly payroll, process and submit 401(k) contribution payments and transit benefit payments; Track employee time off including vacation, paid time off and sick days;
Act as liaison to employees for benefits and payroll matters.
Team Management
Develop, mentor and manage a direct staff of 4 and guide larger multi-disciplinary teams outside of direct span of control;
Engage other members of the senior management team - the Chief Operational Officer and the Chief Advancement Officer - to facilitate cross-department collaboration, nurturing a supportive and collaborative environment, and ensuring all policies and processes positively support the New York City Rescue Mission’s evolving strategy, operational delivery, and data collection needs.
ESIRED QUALIFICATIONS he Chief Financial Officer will be a highly seasoned financial professional who demonstrated success in leading and building value within the finance, accounting and controllership functions of a non-profit operation. ell versed in the art of building strong relationships, this individual must possess excellent communication skills, an executive presence, and the ability to influence and work effectively up and down the organization, from the Board to senior management, staff and of course, the mission’s guests, as well as externally in the community at large.
US Partner of IMD International Search
Professional Experience & Skills Required
A Bachelor’s Degree in Accounting or Finance, and a minimum of 10 years of professional/public accounting experience; CPA and/or an MBA would be a plus;
Experience as the senior finance and administration person, with evidence of having worked as a true business partner to the chief executive, preferably in the charitable, nonprofit sector; if coming from the for-profit world, nonprofit board experience is a must;
Demonstrated excellence in managing finance, accounting, budgeting, control, and reporting;
Skill in examining, developing, reengineering, and recommending financial and HR policies and procedures;
Strong analytical skills and experience interpreting a strategic vision into an operational model;
Tech savvy/adept new technologies with high degree of proficiency in Microsoft Office Excel, Word and Outlook; experience with financial accounting software;
Excellent attention to detail and the ability to analyze data, and then communicate the results in a concise and effective format; innovative thinking regarding analysis and insight is highly valued.
Behavioral Competencies Required
Demonstrated commitment to the social sector with a passion for the organization’s mission to the poor and homeless is essential;
An inspirational and ambitious senior executive who operates as a ‘player-coach’ by rolling up his/her sleeves, leading by example, while placing a premium on flawless delivery on the promise of the legacy and principles of the company;
Particularly energetic and enthusiastic, responding with a quick sense of urgency, while setting genuinely ambitious, challenging goals and creating a high-energy and results-oriented culture;
Organized, strong project management skills with ability to set and meet deadlines;
A team-builder with a collaborative approach, comfortable with mentoring and empowering his/her team while focusing on the big picture, and a proclivity for innovative approaches;
An outgoing and friendly demeanor, a positive attitude with ability to operate comfortably in our Christian, faith-based organization coupled with a true desire to serve our community.
OMPENSATION he successful candidate will receive a salary commensurate with experience, education and credentials. Salary and structure will be based on the verified earnings history of the candidate selected. Benefits package includes 401k contribution and optional 401k matching, 15 vacation days, medical, dental and vision.
World Wide Search. World Class Leaders
Chief Financial Officer
OCATION he position is located in lower Manhattan, just below Canal Street, bordering the Tribeca, and SoHo neighborhoods. SoHo is well known for its wide variety of shops and art galleries, while Tribeca hosts the famous Tribeca film festival every year.
NTERVIEW PROCESS psen Fuller Group provides our client companies with a best-in-class hiring process the foundation of which is our Performance Based AssessmentSM methodology, designed to guarantee the best fit for everyone involved, i.e., candidates and clients. We believe finding the individual best suited for a role involves closely matching performance, skills and attributes of candidates to the highly specific needs of our clients. ur entire process is built around providing a superior outcome for our clients. To this end, our assessment process is thorough and measures not only skills and business acumen but cultural fit as well. Our interview process has been carefully discussed with our client and will include:
1) 2) 3) 4)
Initial Qualifying discussion with Epsen Fuller Group;
5) 6) 7)
Face-to-Face interviews with the Finalists and Client hiring team;
Presentation of Short List Candidates to Client for approval; Face-to-Face Interviews with Epsen Fuller; Finalists will then complete the McQuaig Behavioral Survey to compare individual traits to those sought for the role; the Finalists will also submit written answers to a brief series of SAR (Situation-Action-Result) questions to highlight performance synergy with the client’s position; Offer Presentation with Epsen Fuller Group; Candidate Acceptance and start.
All inquires are kept strictly confidential
US Partner of IMD International Search
BOUT EPSEN FULLER GROUP Epsen Fuller Group, is a Top-20 executive search and leadership consulting firm headquartered in New York, and with offices in New Jersey and San Francisco as well as in major markets and business centers throughout the world, providing instant access to a world-class executive talent pool driving the global economy.
For nearly 20 years, clients have trusted Epsen Fuller Group to deliver top leadership talent around the world. Using a proven, data-driven Performance Based AssessmentSM process, Epsen Fuller delivers a dynamic experience, outstanding service, and exceptional value in Executive & Board Search as well as Leadership, Governance, and Private Equity Advisory services.
Thomas Fuller CEO & Managing Partner tfuller@epsenfuller.com +1 212.392.4842 An NACD Certified Board Governance Fellow, Mr. Fuller is an Independent Director and Chair of the Compensation and Nominating/Governance Committees for Tingley Rubber Corporation, a leader in the PP&E industry. He is also a Board Director, and America’s Council Treasurer of the Association of Executive Search Consultants (AESC), Director of the NACD NJ Chapter, and former Board Director of IMD International Search. Mr. Fuller is the founder of Epsen Fuller Group, a leading executive search, board and leadership consulting firm, and has served as its Managing Director & CEO since 1997. He has delivered over 300 board and leadership projects for Fortune 500 and SME’s, as well as private equity or venturebacked and non-profit clients.
Equal Employment Opportunity Epsen Fuller Group shall provide equal employment opportunity to all qualified candidates, and will refer candidates without regard to race, color, religion, national origin, sex, age, disability, veteran status or any other legally protected basis. Epsen Fuller Group shall comply with all applicable laws, rules and regulations in the performance of duties pursuant to this project, including but not limited to, Title VII of the Civil Rights Act, the Age Discrimination in Employment Act, the Americans with Disabilities Act, and state and local anti-discrimination laws to the extent applicable.
World Wide Search. World Class Leaders
AMERICAS EUROPE MIDDLE EAST ASIA PACIFIC
NEW YORK | NEW JERSEY | SAN FRANCISCO
. EXECUTIVE & BOARD SEARCH BOARD ADVISORY PRIVATE EQUITY ADVISORY LEADERSHIP ADVISORY
Epsenfuller.com