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Vice President of Finance

5 months ago

Saint Paul, United States The Sanneh Foundation Inc Full time
Job DescriptionJob Description

ABOUT THE SANNEH FOUNDATION

The Sanneh Foundation (Sanneh) is a Saint Paul, Minnesota based 501(c) (3) created to serve the holistic youth development needs of the increasingly diverse Twin Cities metro. Sanneh is a youth-oriented organization with a dual track model focusing on participants (clients) and providers (organizational staff) to support both populations with learning and development opportunities to create a more equitable and inclusive community.

THE SANNEH FOUNDATION MISSION

The mission of The Sanneh Foundation is to Empower youth, Improve lives, and Unite communities.

THE SANNEH FOUNDATION CORE VALUES

  • Building community
  • Caring & Compassion
  • Diversity & Inclusion
  • Education
  • Integrity
  • Inspiring Excellence
  • Innovation & Leadership
  • Fun
  • Character Building

JOB OVERVIEW:

As a key member of the Senior Leadership Team, the Vice-president of Finance and Administration provides strategic insight and directly oversees the daily operations of finance and accounting, office administration, human resources and information technology. They represent the Sanneh Foundation in meetings and presentations to the Board of Directors, staff and external stakeholders. They have primary responsibility for driving a culture of teamwork, fiscal responsibility and growth.

Key Responsibilities:

Financial Management

  • Maintain internal control and safeguards for receipt of revenue, costs, program budgets, and actual expenditures.
  • Ensure compliance with appropriate GAAP standards and regulatory requirements.
  • Coordinate all audit preparation activities.
  • Consistently analyze financial data and present financial reports in an accurate and timely manner; communicate weekly, monthly, quarterly, and annual financial statements; monitor progress and changes and keep senior leadership abreast of the foundation’s financial status.
  • Assist foundation leadership in the annual budgeting and planning process; administer and review all financial plans and compare to actual results to identify, explain, and correct variances as appropriate.
  • Provide insight into business operations and growth opportunities with predictive financial modeling to support leadership decision making.
  • Oversee all financial, project/program, and grants accounting; ensure that expenditures are consistently aligned with grant and program budgets throughout the grant/fund period; produce financial reporting materials for government, corporate, and foundation grants.
  • Prepare and manage organizational cash flow forecasting, assess the financial efficacy of program operations, and establish finance and administrative systems to support program and organization operations.
  • Attend Finance Committee meetings.

Human Resources

  • Ensure the consistent use of effective staff management processes including:
    • Recruitment, selection, and onboarding.
    • Performance evaluation, improvement, promotions and terminations.
    • Rewards and recognition.
    • Disputes and investigations.
  • Perform compensation planning and analyses in accordance with organizational goals.
  • Evaluate benefit options and oversee benefits administration.
  • Evaluate and manage employee leave policies.
  • Manage occupational health and safety procedures and communications.
  • Serve as a plan administrator on the 403B account.
  • Oversee the hiring of a diverse staff, representative of the communities being served.
  • Oversee adherence to applicable employment laws and regulations.

Administration

  • Oversee the development of and adherence to office policies and procedures.
  • Oversee the utilization and maintenance of the main office facilities.
  • Oversee and optimize the use of in-house and contracted business services including accounting and information technology.
  • Oversee the execution, documentation and management of contracts and external agreements.
  • Solicit legal advice when needed to ensure compliance with applicable government rules and regulations.
  • Oversee management of unemployment insurance.
  • Ensure all business insurance policies are evaluated and renewed on an annual basis.
  • Ensure organization wide compliance with document and data management regulations.

REQUIRED SKILLS:

  • Strong knowledge of GAAP accounts and principles.
  • Financial investment principles and strategies.
  • Non-profit audit experience and financial statements.
  • Excellent mathematical and analysis skills.
  • Ability to lead departments and individuals.
  • Verbal and written communication skills in creating reports for leadership and the Board of Directors.
  • Extensive knowledge of and experience with financial software .(e.g. Quickbooks, Sage)
  • Strong creative skills in developing new and innovative solutions.
  • Ability to create and deliver unbiased budget expectations for different departments.
  • Extensive knowledge and experience with Microsoft Office and Google Workspace.
  • Administrator level experience in Bill.com (or similar AP/AR applications).
  • Intermediate or advanced skills in Excel.
  • Experience gathering, evaluating, presenting, and reporting financial information to the Board of Directors and leadership of the organization.
  • Excellent skills in developing forward-looking predictive models and financial analyses.
  • Ability to clearly present financial reports to audiences with limited financial backgrounds.
  • Ability to effectively collaborate with programmatic and fundraising staff.
  • Strong integrity, credibility, and unwavering commitment to The Sanneh Foundation’s mission.
  • Proactive, solution-focused strategic thinker.
  • Solid experience coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, payroll, and overall accounting.
  • A track record in grants management, as it relates to compliance and reporting of government, corporate, and foundation grants, is essential.
  • Management of positive relationships with external stakeholders, such as donors, investors, customers, and suppliers.

Required Qualifications:

  • Bachelor’s degree, preferably in business administration, accounting, finance or other degree with comparable work experience. MBA or CPA preferred.
  • 5 or more years of experience in financial management, with a track record of success in managing complex organizations.
  • 3 or more years’ experience in management of human resources, technology and administrative services.
  • Experience in business development and strategic planning.
  • A track record in grants management.
  • Personal qualities of integrity, credibility, and dedication to the mission of Nonprofit.