Vice President of Finance

Description

Title: Vice President of Finance

Reports to: Chief People & Administration Officer

Supervises: Staff accounts and Senior Accountant 

Position: Full-time, Salaried

Location: Leadership Center, Tampa, FL / Hybrid

Position Overview

The Vice President of Finance serves as a strategic financial leader responsible for overseeing all aspects of the organization's financial operations, ensuring fiscal integrity, and supporting mission-driven decision-making. This role combines financial expertise with collaborative leadership to advance the organization's impact while maintaining the highest standards of transparency and accountability.

Job Accountabilities

• Financial Leadership & Strategic Planning
• Develop and implement comprehensive financial strategies aligned with organizational mission and strategic goals
• Lead annual budgeting process, working collaboratively with department heads and program managers
• Provide strategic financial analysis and recommendations to the CEO and Board of Directors
• Oversee long-term financial planning, including scenario planning and sustainability modeling
• Monitor financial performance against budget and strategic objectives, providing regular reporting and analysis

Financial Operations & Compliance Management

• Ensure accurate and timely preparation of financial statements in accordance with GAAP and nonprofit accounting standards
• Oversee accounts payable, accounts receivable, payroll, and general ledger operations
• Implement and maintain robust internal controls and financial policies
• Coordinate annual independent audit and manage relationships with external auditors
• Ensure compliance with federal, state, and local tax requirements, including Form 990 preparation
• Manage cash flow, investments, and banking relationships

Grants & Funding Oversight

• Oversee grant compliance and financial reporting requirements for all funding sources
• Collaborate with development team on grants and donations, providing financial projections and budget narratives
• Monitor restricted fund accounting and ensure proper allocation of resources
• Implement systems for tracking and reporting on program-specific financial performance
• Support fundraising efforts through financial analysis and donor stewardship activities

Risk Management & Insurance Administration

• Develop and maintain comprehensive risk management framework
• Oversee all organizational insurance programs including general liability, directors & officers, property, cyber liability, and employment practices liability
• Conduct annual insurance reviews, manage broker relationships, and ensure adequate coverage levels
• Coordinate insurance claims processes and maintain detailed claims documentation
• Support Board Finance Committee with regular financial reports and analysis
• Maintain transparency in financial operations and donor stewardship
• Oversee procurement processes and vendor management

Team Leadership & Staff Development

• Lead and mentor a team of three staff accountants, fostering professional growth and development
• Create inclusive, collaborative work environment that values diverse perspectives
• Establish clear performance expectations and provide regular feedback
• Promote cross-functional collaboration and knowledge sharing
• Champion continuous improvement and innovation in financial processes
• Delegate effectively while maintaining oversight of complex accounting functions
• Support team members' professional development through training and certification opportunities

Essential Functions

Technical Expertise

• Expert knowledge of nonprofit accounting principles and GAAP
• Proficiency with nonprofit financial management software (e.g. NetSuite)
• Raisers Edge experience is a plus
• Advanced Excel skills and experience with financial modeling
• Knowledge of grant compliance and reporting requirements
• Understanding of Form 990 preparation and tax-exempt regulations
• Experience with audit processes and internal controls
• Budget development and variance analysis expertise

Leadership Capabilities

• Exceptional communication skills, both written and verbal
• Ability to translate complex financial information for diverse audiences
• Strong analytical and problem-solving capabilities
• Collaborative leaders