Vice President Finance

CANDIDATE PROFILE

The successful candidate will demonstrate a strong leadership presence balanced with a flexible approach, a bias for both precision and action, a record of accomplishment in excellent judgment and decision-making skills, and a style that is approachable embodying a culture of genuine connection and ability to positively influence and interact with all levels of employees and stakeholders. The ideal candidate will bring in depth knowledge of corporate financial law, tax reporting, investments, and risk management practices along with the ability to develop business and financial acumen of others.

The Vice President will hold a strong commitment to Little League's mission and have the ability to think critically and make decisions while balancing alignment with the purpose, vision, mission, values, and goals of the organization.

ROLE EXPECTATIONS

• Ensure the financial health and sustainability of the organization to enable the implementation of key goals and objectives by creating and overseeing the annual operating budget that is aligned with our vision, mission, and strategic plan.
• Maintain an appropriate system of policies, internal controls, accounting standards, and procedures under the GASB (General Accounting Standards Board).
• Develop and monitor the implementation of short- and long-range financial goals and set targets for organizational financial growth.
• Manage investment portfolios and advisors.
• Build and maintain strong trusting relationships with the Executive Leadership Team, International Board of Directors (BOD), managers, employees, partners, and stakeholders.
• Have a solid understanding of how Little League’s revenue streams and expenses work and support all revenue functions of the organization.
• Collaborate with EVP/Chief Marketing and Business Relationship Officer to evaluate revenue streams, support current partnership strategies, and identify opportunities for growth and development. Ensure collaborative approach to business or operational partnerships and support / use of relevant products and services.
• Ensure all appropriate systems and processes are in place to fully support the implementation of philanthropy and social impact initiatives including but not limited to general fundraising support and financial information, financial categorization for storytelling, filing and adherence to tax and IRS requirements, financial reporting to public entities, financial tracking, restricted funds and gifts, and other required documentation.
• Analyze internal facility operations, both Williamsport and Regional offices, and continuously identify areas of process improvement and cost efficiencies.
• Create realistic and well-planned budget processes that lead to cost-effective budgets reflecting the budget maximization needs of senior management and departments.
• Provide effective training for leaders and managers not only in the budget process but in all applicable finance functions for their specific areas of responsibility.
• Develop and provide financial training and guidelines for field and league officials to manage budgets effectively.
• Set budget priorities while providing a strong culture of stewardship of resources.
• Collaborate with Senior Leadership across all departments and BOD along with senior leadership team in setting and driving financial strategies and create the appropriate financial reports to measure success.
• Partner with the VP of Philanthropy & Social Impact to enable the function i.e., structuring it appropriately financially, ensuring appropriate laws and philanthropic requirements are met through the financial process, reporting, recordkeeping, etc.
• Contribute to the development of revenue generation and growth planning involving multiple revenue channels.
• Through knowledge, support, and collaboration, play an integral part in building business cases for new initiatives, capital investments, and partnerships.
• Assist with cost analysis and depreciation when acquiring new capital equipment.
• Provide recommendations in partnership with Chief Legal Officer regarding opportunities in risk management, insurance programs, and resource allocation.
• Identify and implement sound investment strategies in consultation with the Investment Committee and External Investment Advisors aligned with BOD’s directives and Investment Policy.
• Forecast multi-year capital, facilities, and staff requirements; identify monetary resources; and develop appropriate action plans.
• Monitor financial performance by measuring and analyzing results, initiating corrective actions, and minimizing the impact of variances.
• Lead quarterly financial reviews with department leaders/managers to build and sustain financial and business acumen.
• Administer the preparation of all financial statements, including income statements, balance sheets, tax returns, and government agency reports.
• Oversee annual audit and work with auditors to ensure compliance with all applicable tax, financial, accounting, and regulatory requirements, using best practice standards; ensure a system of strong internal controls.
• Work with local leagues in the education and process framework for a successful financial model.
• Provide leadership, management, and professional development to both the Finance Department and the Facilities Department ensuring compliance with relevant regulatory entities (i.e., OSHA).
• Develop a high-performing, collaborative team which is trusted and respected throughout the organization by communicating expectations to the team and providing constructive feedback in a timely manner.
• Responsible for the strategic guidance, professional development, and performance of direct reports.
• Lead all efforts associated with facilities master planning in partnership with Little League Leadership, the Board, and Property Committee.
• Oversee large-scale capital improvement projects for the facilities to include leading the RFP and bid process and working with contractors and third-party vendors for construction planning and design.
• Serve as the primary contact for all financial, banking, and investment managers as well as the primary contact for all facilities public hearings, zoning, etc.
• Serve as management liaison to the BOD Investment and Property Committees and attend all BOD meetings.
• Able and willing to travel and work outside normal business hours, including on weekends, as needed.

REQUIRED EDUCATION & EXPERIENCE

• Licensed CPA.
• Master’s degree in accounting, Finance, Business Administration, or industry-relevant equivalent preferred.
• Minimum of 8-10 years of proven experience in accounting and financial management practices with significant financial planning and analysis exposure (FP&A).
• Solid understanding of GAAP and accounting reporting standards.
• Highly skilled in the use of MS Office, especially Excel, and financial management software.
• Project management experience.
• Knowledgeable in all areas of not-for-profit accounting developed from working for a non-profit in financial oversight and accounting.
• Budget development and implementation.

PREFERRED EDUCATION & CERTIFICATIONS

• Experience with grant accounting and pledge receivables preferably with a non-profit organization.
• Knowledge of interior and exterior facilities management.
• Experience or detailed understanding of the construction of large-scale capital projects and how those projects relate to planning design activities.
• Experience volunteering in youth sports.

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