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Vice President of Finance
2 months ago
Employer Overview:
A Dallas/Fort Worth based non-profit organization dedicated to fostering equality and inclusiveness while combating poverty in underprivileged communities is in search of a Vice President of Finance. This role is pivotal in supporting the organization's mission-driven programs and fundraising initiatives. If you are passionate about making a difference and driving economic equality, we invite you to explore this opportunity.
Role Overview:
The Vice President of Finance is a senior leadership position responsible for managing the financial health of the organization, guiding strategic planning, and ensuring long-term viability. This executive will collaborate closely with the CEO, Board of Directors, and other leaders to propel strategic initiatives, secure financial sustainability, and enhance overall organizational performance. A strong visionary leader with a commitment to financial excellence is essential for this role.
Key Responsibilities:
1. Strategic Leadership:
- Formulate and execute financial strategies that align with the organization's mission and vision.
- Provide strategic insights to the CEO, Board of Directors, and senior leadership based on financial assessments and forecasts.
- Facilitate the strategic planning process to ensure alignment with the organization's goals.
- Conduct market analyses to inform strategic decisions and identify growth opportunities.
- Lead the financial planning cycle, including budgeting and forecasting.
- Encourage a culture of innovation and accountability.
- Supervise all financial operations, including accounting, budgeting, and reporting.
- Guarantee timely and accurate financial reporting to stakeholders.
- Manage cash flow and investment activities to maintain financial stability.
- Utilize data-driven insights to guide decision-making and improve outcomes.
- Ensure compliance with legal and regulatory requirements.
- Ensure adherence to all relevant regulations and internal policies.
- Oversee risk management initiatives, including the development of internal controls.
- Maintain adequate insurance coverage and risk management practices.
- Work with the development team to identify funding opportunities and diversify revenue sources.
- Provide financial support for grant applications and fundraising efforts.
- Assist in ensuring compliance with internal and external policies.
- Deliver financial reports to support the development team's objectives.
- Promote a collaborative environment that fosters teamwork.
- Inspire and mentor the finance team, encouraging a culture of excellence.
- Support professional development within the finance team.
- Act as a thought leader, contributing to the organization's strategic direction.
- Represent the organization at external events, advocating for financial health and sustainability.
Education: Bachelor's Degree in Finance, Accounting, Business Administration, or a related field required; MBA and/or CPA preferred.
Experience: A minimum of 10 years in financial management, with at least 5 years in a senior leadership role. Proven experience in strategic financial planning within a non-profit context is essential. Strong knowledge of non-profit accounting standards and regulatory requirements is necessary. Excellent analytical, organizational, and problem-solving skills are required. Exceptional communication and interpersonal skills are essential for engaging stakeholders at all levels. Demonstrated ability to lead and develop high-performing teams is critical.
Core Competencies:
Strategic thinker with a results-oriented approach. Proactive and able to meet deadlines. Strong organizational and time management skills. Adaptable and resilient in challenging situations. Ethical and transparent with high integrity. Passionate about the mission and community impact.