Nonprofit Chief Operating Officer Job Description
Nonprofits typically hire a chief operating officer (COO) to oversee the organization's strategic operations. Skilled in nonprofit management, budget and resource development, and strategic planning, a COO enhances internal processes to ensure that the organization performs at an optimal level.
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Job Duties
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Specific duties of a COO may include strategic planning, liaising with the board of directors, overseeing risk management and legal activities such as legal compliance, negotiating contracts and agreements such as leases, reviewing and analyzing financial reports, leading the operational budgeting process and identifying methods to reduce costs. A COO may also oversee human resources functions that include ensuring optimal staffing levels and the administration of benefits.
Qualifications & Skills
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Many nonprofits may prefer candidates with a master's of business administration and 5 to 10 years experience in operational management, financial planning, organizational development, personnel management and/or strategic planning. Other personal attributes employers may seek include strong communication, problem-solving skills, strategic thinking and dedication to the nonprofit's mission.
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Salary Information
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According to the website PayScale, the average salary of a nonprofit COO can range from $69,000 to $127,000 as of July 2010.
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