VP of Finance

The VP of Finance is responsible for managing all financial functions including: accounting, payroll, financial operations, internal controls, policies & procedures, insurance coverage and contract review.

APPLY HERE:  https://recruiting.paylocity.com/recruiting/jobs/Apply/2212771/Boys-and-Girls-Club-of-Hartford-Inc/VP-of-Finance

• Establish and implement policies and procedures for all financial management functions, ensuring appropriate internal controls and compliance with generally accepted accounting practices.
• Develop and communicate agency wide commitment to integrity and ethical values, internal controls and risk assessment, monitoring and remediation.
• Participate in key decisions pertaining to strategic initiatives, operating model and operational execution.
• Act as the staff liaison for the Board Finance Committee.
• Mentor and develop finance team, managing work allocation, training, problem resolution, performance evaluation, and the building of an effective team dynamic.

• As a business partner to the CEO and senior leadership, assess organizational performance against both annual budget and BGCH’s long-term strategy.
• Develop tools and systems to provide critical financial and operational information to the CEO and make actionable recommendations on both strategy and operations
• Oversee the process for identifying and evaluating opportunities for improved financial operations, recordkeeping and reporting, working with external auditors to prepare and review audit schedules, audited financial statements and 990.
• Engage the Board Finance Committee around issues, trends and changes within the organization. As well as in developing short and long-term financial plans and projections.
• Assist in establishing yearly objectives and meeting agendas, and selecting and engaging outside consultants/services (auditors, investment advisors).
• Oversee long-term budgetary planning and cost management in alignment with strategic plan, especially as the organization considers large-scale improvements or advancements.

• Seek and secure financial support and resources by managing: a) All Boys & Girls Club assets and investments, including property, endowment investments and short-term investments. b) Preparation of grant budgets in partnership with the Director of Grants; ensure proper spending, labor allocations, reporting and billing.
• Agency wide compliance with government grant allowable cost and financial recordkeeping requirements.
• Represent the organization to financial partners, including financial institutions, donors, grantors, auditors, etc.
• Coordinate audits and proper filing of tax returns, including 990.

• Prepare and maintain regular financial planning reports; Monthly profit and loss forecast (vs. budget); Cash flow forecast.
• Complete analysis of financial results; Develop recommendations (strategic and tactical).
• Develop and execute analysis of various business initiatives (e.g., opening new Clubs, asset acquisition, new service launches).
• Develop and maintain capital budget.
• Develop relationships with and participate in calls with lenders and vendors.
• Oversee cash flow planning and ensure availability of funds as needed.
• Oversee cash, investment, and asset management.
• Oversee financing strategies and activities, as well as banking relationships.
• Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans.
• Oversee the finance department to ensure proper maintenance of all accounting systems and functions. Including researching and implementing a new accounting software.

• Remain up to date on nonprofit audit best practices and state and federal law regarding nonprofit operations.
• Ensure legal and regulatory compliance regarding all financial functions.
• Manage the organizations insurance program (i.e. liability).
• Manage the company’s real estate affairs together with the CEO and VP of Operations.

APPLY HERE:  https://recruiting.paylocity.com/recruiting/jobs/Apply/2212771/Boys-and-Girls-Club-of-Hartford-Inc/VP-of-Finance

• A minimum of ten years of progressively responsible work experience managing the accounting functions in a nonprofit agency, or equivalent experience.
• Diverse work experience, in both nonprofit and corporate settings is preferred.
• Bachelor's degree from an accredited college or university in accounting, finance, or business administration.
• Experience in a senior financial-management role, partnering with executive staff, resulting in the development and implementation of creative financial management strategies.
• Experience working with IT staff to manager finance and accounting software systems and packages.
• Significant experience in and knowledge of nonprofit accounting, including sophisticated fund and grant accounting, compliance and reporting.
• Demonstrated leadership ability, team management and interpersonal skills.
• Excellent written and oral communication skills.
• Excellent analytical and abstract reasoning skills, plus excellent organization skills.
• Excellent judgement and creative problem-solving skills, including negotiation and conflict resolution skills
• Ability to build positive relationships with people at all levels, maintain confidentiality and engender trust.
• Strong mentoring, coaching experience to a team with diverse levels of expertise
• Proven ability to be flexible, collaborative and proactive; a team leader who can positively and productively impact both strategic and tactical finance and administration initiatives.
• Experience with a capital campaign and bond management is preferred.
• Experience managing investments is a plus.

DISCLAIMER:

The information presented indicates the general nature and level of work expected of employees in this classification. It is not designed to contain, nor to be interpreted as, a comprehensive inventory of all duties, responsibilities, qualifications and objectives required of employees assigned to this job.