Position Vice President for Finance
Classification P.C. 01-04 ($76,765 - $82,362 - $88,070- $93,859)
Hours 40/wk
Supervisor President
Essential Function of the Job
The Vice President for Finance (VP for Finance) is a key leadership role on the Executive Management Team of a complex multi-million-dollar nonprofit corporation. The VP for Finance is expected to assist the President in ensuring quality programs that aim to reduce and eliminate poverty. The VP for Finance plans, organizes, and directs the financial planning of the Agency; oversees and directs accounting, auditing, budget, payroll, risk management, internal controls, and represents the Agency with other organizations and government agencies while performing a variety of complex fiscal and analysis assignments.
Examples of Work
(Any one position may not include all of the duties listed, nor do the listed examples include all tasks which may be found in the positions of this class.)
- Plan, organize and direct all aspects of EightCAP’s Finance Department including the development and administration of policies on finance, accounting, internal controls, budget, auditing, and payroll.
- Design, implement, and monitor fiscal systems to maximize effectiveness and efficiency of operations; ongoing analysis and research alternative fiscal/payroll systems to maintain the most effective systems.
- Prepare year-end financial statements and all work documents required by auditors.
- Ensure EightCAP meets all internal and external financial requirements and report deadlines by maintaining an efficient and up-to-date accounting system for disbursements, receipts, cash flow, payroll, purchasing, and account reconciliations; by maintaining an accurate record keeping system; and by providing direct supervision of fiscal staff.
- Ensure that the President, Governing Board, Head Start Policy Council, and funding sources are informed of the fiscal status of the agency by providing timely financial statements.
- Ensure the fulfillment of the overall agency mission by participating, as a member of the executive management team, in the planning and decision-making process of the agency.
- Direct the management and planning processes of the agency by developing
Agency budgets, budget revisions, analyses, and budget alternatives.
- Assist Program Managers and Department Heads in preparation of their budgets. And ensure that programs maximize their budgets by providing interim reports, technical assistance, and expenditure guidance. Provide coaching and mentorship to facilitate continual improvement of the budgeting process through education to managers and department heads on financial issues impacting budgets.
- Apply Office of Management and Budget Circular rules, Uniform Guidance rules, and other applicable laws and administrative rules to EightCAP activities, processes, procedures, expenditures, and operations.
- Ensure the corporate, legal, and fiscal integrity of the agency by maintaining up to date insurance policies, by preparing and monitoring sub-contracts and leases, and by coordinating all external audit activity.
- Provide strategic financial input and leadership on decision making issues affecting the organization, e.g., evaluation of potential grant opportunities or real estate matters. Review and provide comments on Contracts and Agreements.
- Approve equipment purchases, equipment maintenance, procurements, inventory, and fixed assets schedules.
- Assist, when necessary, in the day-to-day operation of the Fiscal Office. Assist, when necessary, with the posting of the accounting records. Monitor cash flow including collection of receivables and payment of expenses.
- Develop and maintain professional expertise by attending agency trainings, meetings, conferences, and trainings as appropriate and available.
- Suggest and participate in professional development activities and team meetings.
- May serve as Acting President in the absence of the President unless otherwise decided by the Board Chairperson.
- Perform related work as required.
Requirements of Work
- Ability to analyze and interpret fiscal records and implement problem solving procedures.
- Ability to advise, train and supervise others relative to corporate business affairs.
- Ability to establish and maintain effective working relationships with employees, Governing Board members, and the public.
- Ability to express facts orally and in writing.
- Ability to understand and apply principles of fund accounting.
- A satisfactory review of Criminal History Check and fingerprinting.
Desirable Minimum Training and Experience
- Bachelor’s degree in accounting, finance, business, or public administration, and five years related experience or an equivalent combination of training and experience. Master’s degree or CPA desired.
- Experience with accounting and financial management software, preferably in Abila MIP.
- Prior work experience in a non-profit organization or with fund accounting and/or management-level experience with grants.
