Chief Financial Officer

New York, United States | Full-time

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Report to: CEO

Language Requirement: English fluency; French language skills preferred

Travel: frequent travel to myAgro countries

Application deadline: February 29, 2020

 About myAgro

myAgro is an award-winning non-profit social enterprise based in West Africa. myAgro has pioneered a mobile savings model that allows farmers to invest their own funds in high-quality seed, fertilizer, and training and increase their harvest and income by 50-100%. myAgro’s North Star is to help 1 million farmers increase their incomes by $1.50 per day by 2025 and lift themselves out of poverty. Learn more from myAgro’s founder here. 

About This Role

myAgro seeks to hire an experienced and highly qualified Chief Financial Officer (CFO) with a proven track record of leading and managing global finance teams within medium-sized or large dynamic organizations. The selected individual is expected to lead our core finance functions of Corporate Finance /Fund Raising, Financial Control & Audit, Financial Operations and Financial Planning & Analysis. S/he will own the strategic plan for capital raising, deployment and management. The individual will drive the creation and lead execution of a strategic finance roadmap to significantly grow the core business metrics.  

As a member of the Executive Team, the CFO will be an advisor to the Country Directors by assisting and evaluating their financial and operating plans. S/he will be responsible for overseeing all fiscal and fiduciary responsibilities for the organization, in conjunction with myAgro’s Board of Directors and Finance Committee. S/he must be able to adapt to a continually evolving environment and thrive in an autonomous and deadline-oriented workplace while managing a finance team of 5 to 8 members.

Responsibilities

Finance Strategy and Risk Management

  • As a member of the Executive team, make a key contribution to the formulation of the company’s short and long-term financial strategies to drive business growth.
  • Work closely with the CEO to provide strategic financial analysis and advice to support program and model decisions.
  • Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans.
  • Responsible for planning, implementation, managing all the finance activities of myAgro, including business planning, budgeting, forecasting and investor and donor relations.
  • Construct and monitor reliable control systems and ensure that record keeping meets the requirements of auditors and government authorities.
  • Report risk issues to the finance & audit committee of the board of directors.

Finance Operations

  • Oversee all operations including but not limited to Financial Control, Audit, Treasury & Finance Operations, Tax and Financial Planning & Analysis.
  • Drive myAgro’s financial planning, budgeting and forecasting.
  • Support fundraising and working capital facility; collaborating with the Chief Strategy Officer and CEO.
  • Optimize cash flow and short-term cash management /treasury operations.
  • Ensure compliance with all regulatory tax laws and company policies in each of our countries of operation.
  • Work with the team to prepare regular management accounts and financial reports and provide financial results to the board of directors.
  • Improve finance operations and develop a roadmap to implement rigorous processes to professionalize and digitize operations. 
  • Establish and enforce policies, processes and standards across the organization.
  • Oversee all the company’s transaction processing systems including but not limited to the Accounting System, Inventory Management System, Business Planning System, Grant Reporting System, etc.
  • Coordinate audits and proper filing of tax returns.
  • Ensure timeliness, accuracy, and usefulness of financial and management reporting for federal and state funders, foundations, and myAgro’s board of directors; oversee the preparation and communication of monthly and annual financial statements.

Leadership and Team Development

  • Ensure, on an ongoing basis, that current and planned finance operations are aligned with company business objectives.
  • Work with team to prepare and monitor operational budgets that meet prevailing company objectives and constraints.
  • Develop, evaluate and retain a highly-qualified team of finance professionals.
  • Foster a culture of transparency and accountability in the Finance department.
  • Ensure that the organization has strong control systems with clear policy violation guidelines.
  • Partner with business unit leaders and other functional heads to create and execute robust business plans that significantly expand the business to reach our goal of 1 million farmers.
  • Create, implement and maintain a continuous improvement and control plan for overall business operations, while supporting the finance teams to meet business needs.
  • Oversee the accounting department to ensure proper maintenance of all accounting systems and functions.

Required Qualifications

  • CPA license required; previous experience as CFO or VP of Finance.
  • 10+ years of progressively responsible financial management experience in a fast-growing organization with a budget of at least $10 million and preferably in an emerging market and /or agribusiness.
  • Led and managed Finance teams in multiple countries and operations.
  • Significant experience in or knowledge of nonprofit accounting, including fund and grant accounting, compliance, and reporting.

Success Factors

  • Highly analytical mindset with excellent problem-solving skills and strong business acumen.
  • Experience partnering with executive staff and board of directors, resulting in the development and implementation of creative financial management strategies.
  • Strong interpersonal and communication skills (both oral and written) with an ability to articulate ideas to both finance and non-finance audiences.
  • An entrepreneurial mindset coupled with an ability to inspire confidence and create trust while working under pressure.
  • Strategic, with experience funding activities in ways that both cover costs and generate operating margins.
  • An experienced forward thinker - hiring ahead, being able to help myAgro improve financial data management at all levels.   
  • Likes to have fun, travel frequently (15-20% of time) 

myAgro provides equal employment opportunities to all employees and applicants without regard to race, colour, religion, sexual orientation, marital/parental status, national origin, age, disability, political opinion, social status, veteran status, and genetics. myAgro complies with all applicable federal, provincial and local laws governing nondiscrimination in employment.