Chief Financial Officer

Job Description

THE OPPORTUNITY:
The Roman Catholic Diocese of Raleigh seeks a Chief Financial Officer (CFO).
The CFO is the principal advisor to the diocesan bishop in matters of finance in cooperation with the diocesan finance council and is responsible for developing and implementing financial strategy to fund ministry aligned with the bishop's priorities. This includes the growing importance of utilizing data and financial analysis to anticipate trends and maximize current opportunities. The CFO is responsible for administering the temporal goods of the diocese under the authority of the bishop, in accordance with the plan of the diocesan finance council, and to make those payments from diocesan funds which the bishop or his delegates have legitimately authorized.
The CFO is responsible for ensuring that the diocese, and its parishes and other institutions, operates with financial integrity, with a focus on service to its parishes and parishioners, and with an eye towards future financial planning for the needs of the diocese.
The CFO is a member of the bishop's executive staff, the senior leadership team of the diocese. The CFO serves as a key resource person to the parishes and schools and other diocesan entities, assisting them in achieving their mission through prudent use of financial resources.
Reporting to the bishop, the CFO is responsible for the overall financial strategy and operations for the diocese. This includes financial planning & analysis; accounting; tax; treasury; internal audit; insurance and risk management. Specifically, this executive will be responsible for ensuring that all financial systems and controls reflect best practices, as well as implementing financial controls and programs that enable ongoing growth opportunities for the diocese. This executive will also be responsible for the information technology function for the diocese.

DUTIES AND RESPONSIBILITIES:
• Supervision of a team of 36, including 6 direct reports:
Controller, Director of FP&A, Parish Audit Manager,
Chief Technology Officer, Director of Property and
Construction, and Administrative Specialist.
• Serve as financial advisor to the bishop and to the bishop's
leadership team, the executive staff.
• Oversee the annual diocesan budget process for a $20
million central office budget, ensuring, along with the
Diocesan Finance Council, a prudent and achievable
budget that reflects the strategic priorities of the diocese.
• Provide oversight for $200 million in annual parish and
school budgets.
• Oversee the management of a $100 million Deposit and
Loan Fund, the internal bank for diocesan parishes and
schools, including setting deposit and loan rates and
working with the Diocesan Loan Committee on parish
loan requests.
• Serve as key staff person to the Diocesan Finance Council
and the Diocesan Investment Committee.
• Oversee the annual external audit of the diocese and
associated entities.
• Provide excellent service to the priests and the parishes of
the diocese.

REQUIREMENTS:
• Undergraduate degree in accounting, finance, or business.
• Practicing Catholic in good standing with the Church.
• Demonstrated experience and results in overseeing the finance
and administration at a major for profit or not for profit
entity.
• Demonstrated results in providing excellent service to
"customers" in an organization.
• Demonstrated strategic focus on financial management of a
complex entity.
• Experience working with boards and advisory bodies.
• Hard-working, results-oriented individual with the ability to
work in a fast-paced, team-oriented environment.
• Must be self-directed and goal oriented, proactively advising
the bishop and executive staff team
• Must be forward thinking and have the creative vision to
recognize strategic opportunities and have the skills to exploit
them from existing and new resources for the diocese.
• Able to engage in open and thoughtful discussion and
consultation with key members of the diocese, including the
College of Consultors, the Diocesan Finance Council, the
Presbyteral Council and the Pastors of the diocese.
• Outstanding leadership skills with the ability to manage both
professional and support staff.

About the Employer

The Roman Catholic Diocese of Raleigh encompasses 54 eastern counties of North Carolina, covering 33,088 square miles and serving a population of over 5 million (2020 census). Nearly 500,000 Catholics call the diocese home, representing a richly diverse community that includes growing Hispanic, African, and Asian Catholic populations; only about 5% of Catholics in the diocese are native North Carolinians.
Pastorally, the diocese is organized into eight deaneries and includes 80 parishes, 17 missions, and four campus ministry centers, supported by 147 active diocesan and religious order priests.