OVERVIEW OF THE POSITION
The Finance Vice President will play a critical leadership role in advancing the organization’s work as the organization grows and implements its strategic plan. This position will lead the organization’s finance and accounting function, including financial planning, financial reporting, treasury management, and supporting the Finance and Audit Committees of the board. Reporting to the President & Chief Executive Officer (CEO), the Finance VP will serve as a strategic thought partner to the CEO, the board, and the rest of the leadership team, and play a critical role in designing and executing strategic initiatives.
KEY RESPONSIBILITIES
Strategic Leadership
Serve as a strategic thought partner to the CEO, the board, and the rest of the leadership team and work collaboratively to design and execute strategic initiatives across the organization
Lead long-term financial planning for the organization, including the development and regular review of operating budgets, financial forecasts, and scenarios
Support the Board of Directors on finance and audit priorities and ensure finance and audit committees are effective; communicate timely, accurate, and insightful information and reports
With the leadership team, cultivate an organizational culture that embodies the organization’s values of student-centeredness, collaboration, optimism, excellence, and innovation
Support the development of the organization’s fundraising strategy and help support relationships with local, state, and national funders
Financial Management
Ensure financial sustainability of the organization through budgeting, forecasting, financial planning and analysis, cash management, and investment strategies
Cultivate strong and deeply collaborative working relationships with program team members, with a focus on providing thought partnership on the financial aspects of current and planned programs
Collaboratively lead the development of grant, programmatic, and project budgets and reporting
Oversee the annual audit process and ensure a clean financial audit, in partnership with the Director of Finance
Partner with the Senior Director of Impact to manage strategic and targeted investments through the innovation fund, fiscal sponsorship, and sub-grants
Establish strong internal controls and ensure compliance with GAAP and all applicable state and federal laws
Operations and Risk Management
Manage the organization's critical financial infrastructure and lead implementation of scalable financial processes and systems
Identify, evaluate, and proactively manage potential financial and legal risks, in close concert with the CEO and leadership team
Manage contractors, vendors, legal, and insurance, closely coordinating with members of the program team when applicable
Ensure that the organization is complying with all applicable state and federal laws and regulations
Team Leadership
Lead a high-performing finance team, including supporting a high performing Director of Finance
Clarify roles and responsibilities; establish and monitor performance goals
Implement professional development to set up employees for success and professional growth and provide regular and targeted coaching to team members
CANDIDATE REQUIREMENTS
Bachelor's degree required; MBA or related graduate degree preferred
At least 7-10+ years of expanding leadership experience in finance or accounting
Experience working in a fast-paced environment; educational, nonprofit, or social enterprise experience preferred
Strong relationship-building and communication skills; ability to engage with stakeholders at all levels, including senior executives
Proven project management skills with the ability to translate strategies from plans to action and to implement them with strong attention to detail
Exceptional analytical and problem-solving skills, as well as strong financial modeling skills
Inspirational and servant leader with experience managing teams