VP of Finance and CFO

3 weeks ago

Washington, United States TriSource Staffing Solutions Full time $150,000 - $210,000
Job DescriptionJob Description

Vice President of Finance and Chief Financial Officer

A company in Washington DC is looking for a VP of Finance and CFO to join their team. This position will report to the President and will serve as a key member of the management team. This individual will be responsible for oversight of all finance, accounting, and reporting systems and activities, including functional responsibility over accounts payable, accounts receivable, payroll, budget development and analysis, and grants administration and compliance. They will lead all day-to-day finance operations and supervise a three-person finance and accounting team.

 

Responsibilities include:

  • Direct and oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements
  • Manage all financial, project/program, and grant accounting; ensure that expenditures are consistently aligned with grant and program budgets throughout the grant/fund period
  • Prepare, review, and submit financial reports for government, corporate, and foundation grants
  • Manage federal award cash flow and maintain internal financial reporting systems; provide oversight of all federal expenditures and develop and maintain electronic data filing system
  • Provide guidance to staff on federal funding and other donor requirements, cost principles, audit requirements, and reporting
  • Manage preparation and support of all external audits, including annual Proforma 990.
  • Maintain internal control and safeguards for receipt of revenue, costs, and program budgets, and actual expenditures
  • Develop the process and lead in the execution of the annual budgeting and planning process
  • Communicate monthly, quarterly, and annual financial statements; monitor progress and changes and keep senior leadership informed of  financial status.
  • Establish and maintain strong relationships with the Board’s Finance and Audit Committee and work closely around issues and trends in financial operating models
  • Manage organizational cash flow forecasting by working in partnership with Department heads; continuously collaborate with management team and Department heads to assess the financial efficacy of program operations and establish finance and administrative systems to support program operations.
  • Collaborate and coordinate finance, audit, and accounting activities with various offices, with some international travel required.
  • Provide assistance to overseas offices in budgeting, budget analysis, and identifying funding gaps and needs
  • Determine accountabilities; communicate and enforce values, policies, and procedures; implement recruitment, selection, orientation, training, coaching, counseling, and disciplinary programs; planning, monitoring, appraising, and reviewing job contributions; and planning and reviewing compensation strategies.
  • Staff the Board Budget and Finance Committee, and ensure strong support and service to that group
  • Manage and track the performance of invested assets in keeping with policies and investment guidelines
  • Comply with federal, state, and local financial requirements by studying existing and new legislation, enforcing compliance, and taking actions where necessary
  • Work with Human Resources to ensure appropriate legal compliance

Qualifications:

  • Bachelor's degree required; Master's degree preferred
  • Active CPA 
  • Minimum 12+ years of experience in a financial leadership role with increasing responsibility, preferably in the non-profit sector.
  • Solid experience coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, payroll, and accounting for investments.
  • Knowledge of accounting standards for U.S. non-profit organizations, A-133 federal audit requirements, and Uniform Guidance Standards.
  • Experience in overseas grants management, as it relates to compliance and reporting of government, corporate, and foundation grants
  • Experience with federal grant/contract management preferable U.S. State Department, USAID/BHA, and/or Department of Homeland Security funding
  • Experience selecting and overseeing software installations and managing relationships with software vendors
  • Advanced knowledge of accounting and reporting software (preferable Sage Intacct or other similar accounting software).
  • Experience with recruiting, mentoring, training, and retaining a diverse team
  • Strong interpersonal and communication skills; experience in effectively communicating key data, including presentations to senior management, the Board, and other partners
  • Ability and desire to translate complex financial concepts to individuals at all levels including finance and non-finance managers

 

 

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