Chief Financial Officer (CFO)

Overview

Reporting to the President & CEO, the Chief Financial Officer directs River Bend Food Bank’s financial operations and serves as a pivotal member of the Executive Team. The CFO ensures GAAP-compliant financial reporting and provides strategic input to sustain the organization’s financial stability.

Compensation and Location

Salary Range: Low $98,300; Mid $126,700; High $150,980. Location: Davenport, IA 52802.

Essential Duties and Responsibilities

• Develop and maintain strong relationships with hunger-relief partners, staff, volunteers, donors, and the public.
• Act as a strategic advisor for both short-term and long-term financial planning, goals, and policies.
• Oversee financial reporting, forecasting, and analysis of income, expenses, and earnings.
• Present quarterly financial reporting, forecasts, and analyses to the Board Treasurer and Finance Committee; maintain Finance Committee meeting minutes. Support the Board Treasurer and CEO by attending Board meetings and addressing financial questions as needed.
• Manage cash flow in line with cash management and investment policies to optimize earnings for short- and long-term cash investments.
• Maintain strong internal controls, ensuring proper segregation of duties by updating accounting policies, procedures, and manuals to support successful independent audits.
• Lead the Finance Team, ensuring timely reconciliations, accurate reporting, and adherence to organizational standards outlined in the accounting policy and procedural manual.
• Oversee the annual and single audits; coordinate with external auditors, promptly resolve findings, and implement improvements. Collaborate with tax professionals to prepare and review the Form 990 filing.
• Direct the annual budget process with department leaders and the finance team; ensure budgets are correctly entered into the financial system. Present results to the Finance Committee.
• Provide and validate data for Feeding America’s compliance requirements through timely and precise submission of all financial reports and data. Calculate dollars-per-meal using Feeding America guidance at least every three years.
• Maintain current knowledge of regulatory requirements for Iowa and Illinois to ensure timely preparation and filing of all financial information.
• Ensure proper recording and tracking of all grants, including lifecycle stewardship, compliance, drawdowns, and reporting to support strategic initiatives.
• Assess and recommend insurance coverage to mitigate risk in collaboration with the organization’s brokers.
• Oversee Human Resources policies and benefits, including payroll and employee benefits, to ensure cost-effective plans.
• Manage IT operations in partnership with third-party providers; supervise equipment inventory, approve purchases, and ensure cybersecurity training compliance.
• Review vendor contracts with the CEO to ensure alignment with River Bend Food Bank’s objectives and identify potential cost-saving opportunities.

Qualifications

• Bachelor’s degree in accounting with a minimum of 10 years of experience, or an equivalent combination of education and experience. CPA or Master’s in accounting strongly preferred.
• Proficiency in Microsoft Office (Excel, Outlook, Word) and accounting software; ability to learn new systems used in food banking.
• Strong organizational, communication, and interpersonal skills.
• Ability to present information effectively to staff, Board members, and the public.
• Capability to manage multiple priorities and meet deadlines.
• Detail-oriented with strong typing and data-entry skills.
• Commitment to the mission of ending hunger.
• Valid driver’s license and insurable driving record.
• Successful completion of background check, credit check, and drug screening.

Physical Demands

The role requires regular use of hands, with frequent standing or sitting, walking, and reaching. Occasional bending, stooping, kneeling, or crouching may be