Innovation Works · 3 weeks ago
Chief Financial Officer - Innovation Works, Inc.
Pennsylvania, United States
Full-time
Onsite
Director/ExecutiveInnovation Works, Inc. is seeking a Chief Financial Officer (CFO) to serve as the senior financial leader, responsible for all aspects of financial management and internal operations. The CFO will oversee financial operations, ensure compliance, and provide strategic guidance to support organizational decision-making and sustainability.
Angel InvestmentFinanceFinancial ServicesVenture Capital
Responsibilities
Oversee all financial operations, including accounting, budgeting, cash management, and financial planning
Develop the annual organizational budget and multi-year financial plans
Ensure accurate, timely internal and external financial reporting
Lead all grant administration activities, including compliance with federal, state, local, and private funding requirements
Lead fund administration activities, including cash flow management, financial reporting and regulatory compliance
Oversee financial components of grant proposals, budgeting, tracking, reporting, and closeout
Maintain and strengthen internal controls, financial policies, and risk management processes
Manage payroll, benefits administration, and personnel-related financial processes in partnership with HR
Oversee procurement, contract review, and vendor management
Ensure compliance with all audit, tax, and regulatory obligations; coordinate annual audits and serve as primary liaison with auditors
Prepare and present financial statements, updates, and analyses to the President & CEO and Board of Directors
Oversee administration of restricted and unrestricted funds, ensuring proper allocation, reporting, and stewardship
Supervise and develop finance, accounting, payroll, and related staff; foster a culture of strong performance and accountability
Maintain and safeguard all organizational financial records, contracts, and essential documents
Provide strategic financial guidance to support organizational decision-making, sustainability, and long-term planning
Oversee the management and optimization of financial systems and information technology resources as they relate to finance operations
Qualification
Required
Minimum of a bachelor's degree in Finance, Accounting, Business Administration, or a related discipline; MBA or CPA strongly preferred
Extensive experience in financial and accounting management, preferably within nonprofit organizations and/or the private sector
Demonstrated experience managing federal, state, and private grants, including compliance, reporting, and budgeting
Proven experience developing and managing internal financial controls, policies, and procedures
Experience supervising staff and building effective financial teams
Strong knowledge of nonprofit accounting standards, fund accounting, and cost allocation methodologies
Experience with financial systems, reporting tools, and technology-supported operations
Excellent written and verbal communication skills
Strong leadership qualities with the ability to influence and support organization-wide decision-making
Highest level of personal and professional integrity
Strong analytical, organizational, and problem-solving skills
Ability to manage multiple priorities and deadlines in a fast-paced environment
Commitment to Innovation Works' mission, values, and community impact
Company
Innovation Works
Innovation Works invests capital, business expertise and resources into companies.
Founded in 1999
11-50 employees
Funding
Current Stage
Early StageTotal Funding
$19.68M2022-09-13Grant· $19.68M
Leadership Team
Ven Raju
President & Chief Executive Officer
Terri Glueck
Vice President Communications & Community Development
Recent News
2025-10-25
Company data provided by crunchbase