Being able to call on a large team
I wish I’d learned earlier how awesome it is to have a large team to call on.
Before starting Nonprofit CFOs, I’d led large groups, but never a large group focused on finance and accounting-type work.
So, back in those days, we would frequently have finance and accounting-type tasks that weren’t a great match for the anybody’s skills, interests, or capacity. But the work had to get done and somebody had to do it. Sometimes we enjoyed our work. Sometimes it was a real slog.
Today, it’s a totally different picture. I have a team of about a dozen. They all come with different experiences, skills, and preferences. That means that when a new nonprofit approaches us for a potential project, there’s a good chance that we’ll get to make a great match. By great match, I mean that we can connect the nonprofit’s needs to someone who has the relevant skills and experience plus they project is likely to bring them a lot of personal satisfaction and joy.
The team’s superpowers include:
Bank reconciliations (I’m not kidding. I have someone who loves to do these.)
Figuring out new software systems.
Cleaning up messy bookkeeping and making it shine.
Excel wizardry.
Mastery of popular accounting systems like Quickbooks, MIP, Sage, and Netsuite.
Leadership.
Explaining finance and accounting-type concepts in a way that regular people can understand.
Grant management and reporting
Negotiated Indirect Cost Rate Agreements
I feel sort of like the kid who used to have just two or three crayons, which is never enough, and now I have so many different crayons that it makes me smile just to think about it!