SCOPE OF ROLE
The Vice President of Finance reports directly to the Chief Operating Officer (COO) and serves in a key organizational leadership role by managing the finance, accounting, and operations responsibilities for the organization. The VP will be committed to the mission of the Financial Health Network and possess a desire to positively impact the trajectory of a highly-impactful, national nonprofit. The VP will be responsible for financial planning and budgeting, forecasting, accounting and fiscal operations, financial reporting, and general operations activities, and will serve as a key advisor to the COO, a member of the VP leadership team, and will have two direct reports. The ideal candidate is a strong people leader who cultivates an inclusive and equitable work environment that fosters teamwork and collaboration and empowers and motivates employees to deliver their best.
EDUCATION
Bachelor’s degree in finance, accounting, or related field; MBA or CPA is a plus.
LOCATION
Chicago
PROPOSED SALARY RANGE
$154,000 – $180,000 (Annual)
The skills and experience of qualified candidates will determine the compensation.
QUALIFICATIONS
Strong financial and business acumen with a deep understanding of financial planning, analysis, and forecasting, as well as strong knowledge of generally accepted accounting principles (GAAP), particularly as they relate to nonprofit entities
Understanding of nonprofit fundraising workflows; experience with evaluating and increasing operational efficiencies and consulting with internal stakeholders to optimize and streamline end-to-end engagements
Demonstrated ability to use technology to ensure efficient, timely and accurate processes and reports for internal stakeholders
Excellent verbal and written communication skills; ability to work in a collaborative manner with project leads across the organization and skilled at exercising influence without direct authority
Demonstrated commitment to embedding Diversity, Equity, and Inclusion across all internal and external stakeholder relationships, with the ability to effectively collaborate with a diverse set of stakeholders at all levels
Highly effective presentation skills; an ability to communicate with influence and motivate multiple audiences
Dynamic leader with strong collaboration, persuasion and influence, talent development, and communication skills, with the ability to set priorities, solve problems, and flex between strategic and tactical priorities
Vaccination Required: This role requires occasional in-person attendance for company and all staff events. The incumbent is required to be fully vaccinated against COVID-19 and provide proof of vaccination status at the time of hire. (A person is considered “fully vaccinated” two weeks after receiving the last required dose of the COVID-19 vaccine.
RESPONSIBILITIES
In partnership with the COO, direct and manage the organization’s financial strategy and outlook in order to support informed decision making and long-term thinking
Serve as a financial thought leader and advisor to business leaders, ensuring alignment of financial management with the organization’s mission and financial objectives
Collaborate with the COO to set annual financial targets and guidance aligned with the organization’s strategic and financial objectives
Develop the annual budget and revised quarterly forecasts in coordination with internal stakeholders, develop high-level multi-year forecasts, analyze variances and key drivers of performance, create qualitative and quantitative reporting to the Board of Directors, and engage with colleagues to develop a multi-year forecasting view
Assess and analyze opportunities for business development and operational efficiency; advise on financial impacts, outcomes, and risks
Oversee cash management and investment policies, procedures, and controls, including the development of and adherence to internal control policies
Serve as the liaison and key point of contact to the external auditors and oversee the year-end close process to ensure accurate financial statements are prepared and filed, and are corporate tax filings are completed, including forms 990, 1120, and payroll taxes
Lead the Accounting team and oversee accounting activities (in collaboration with our outsourced accounting service provider), including general ledger, accounts payable, accounts receivable, and reporting
Lead the Operations team and oversee activities relating to capacity management, information technology, contracts, board management, and administrative support; identify and implement opportunities to streamline and/or integrate operational workflows to increase efficiency or impact
ABOUT THE FINANCIAL HEALTH NETWORK
Make an impact in the financial lives of millions with our growing organization. The Financial Health Network is the leading authority on financial health. We envision a future where all people, especially those who are most vulnerable, have the day-to-day financial systems they need to be resilient and thrive. We are a trusted resource for business leaders, policymakers and innovators united in a mission to improve the financial health of their customers, employees and communities. Through groundbreaking research, advisory services, measurement tools, and opportunities for cross-sector collaboration, we advance awareness, understanding and proven best practices in support of improved financial health for all. The Financial Health Network is a highly collaborative environment, seeking people who share our values.
Financial Health Network’s commitment to Diversity, Equity, and Inclusion is central to our talent acquisition approach and processes. Our mission to improve financial health for all can only be accomplished through a diverse population of employees at all levels who are representative of the many communities we seek to impact. We strive to recruit, hire, develop, empower, and retain talented individuals at all levels across various dimensions of diversity and intersectionality including, but not limited to, race, ethnicity, sexual orientation, gender identity, gender expression, religion, age, neurodiversity, disability status, veteran status, and citizenship. We welcome and need your unique voice and look forward to having you join our team!
We will provide equal employment opportunities to all applicants without regard to an applicant’s race, color, religion, sex, sexual orientation, gender identity or expression, gender, genetic information, uniformed service, national origin, age, veteran status, disability, pregnancy, or any other status protected by federal or state law. We will provide reasonable accommodations to allow an applicant to participate in the hiring process (e.g., accommodations for a job interview) if so requested.
TO APPLY
Our mission is very important to us, and we would like to know why you would like to be a part of the Financial Health Network. Please submit a compelling cover letter and resume with your application.
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