Vice President of Finance

Summary

Join Centering Healthcare Institute as their Vice President of Finance and lead the organization's financial strategy and operations during a period of significant growth. This role involves building and strengthening the finance and accounting functions, overseeing a team of professionals, and leading a complex multi-year technology migration. The successful candidate will be a strategic leader with extensive experience in nonprofit finance, a proven ability to manage complex projects, and a commitment to CHI's mission. The position offers a competitive salary, comprehensive benefits, and the opportunity to work remotely from anywhere in the continental U.S. The Vice President of Finance will report to the fractional CFO and have a dotted line to the CEO, playing a key role in the executive team.

Requirements

• 8-10 years of financial leadership, ideally as a Vice President of Finance or Chief Financial Officer, in financial planning and analysis and accounting, or other executive level finance role for a national, complex, nonprofit organization with an operating budget of $10 million or more; experience as a Controller is a plus
• Demonstrated experience with reengineering an accounting department and leading systems change, including strong project and change management skills and a proven ability to communicate with stakeholders and train staff on new systems
• Experience leading multi-year finance migrations for nonprofit organizations required
• Demonstrated knowledge of and experience with GAAP, IRS codes, Internal Controls, and financial reporting and analysis
• Advanced technical experience in ASC 606 revenue recognition standards, earned-revenue, grants/contract management, nonprofit accounting, modern financial reporting, and frameworks
• Demonstrated leadership ability, team management, and interpersonal skills; must be an innovative and empowering mentor who embraces ethical practices by providing accurate, responsive, detail-oriented financial results and goals, as well as a high level of personal integrity, good judgment, and emotional maturity
• Brings a collaborative, internal partnership, values-based approach, with a strong service mentality; a team player who is committed to continuous professional development for themselves and their staff
• A high level of change leadership is required with a flexible and adaptable style
• Demonstrated resourcefulness in setting priorities, proposing new ways of creating efficiencies, and guiding investment in people and systems
• Strong analytical skills and experience interpreting a strategic vision into an operational model through abstract reasoning and organizational skills; proven skills in developing complex strategic business models and revenue streams
• Demonstrated success as an astute driver of strategy, including managing teams and peers through strategic pivots and changes, and interdependent systems and processes; ability to build and simultaneously manage up, down, and laterally to develop thriving teams of professionals at various levels of career toward executing finance strategies and procedures and achieving goals
• Entrepreneurial, highly motivated, and creative thinker who takes pride in their work and goes above and beyond to ensure planned results with an excellent attention to detail and organization while overseeing several time-sensitive and concurrent projects
• Strong communicator with an ability to build teams and meaningful relationships with diverse constituencies, including existing and prospective Board members, supporters and partners

Responsibilities

• Build and strengthen CHI’s organizational finance and accounting functions and the team of finance professionals to sustain the department’s goals and activities, as well as its strategic needs
• Supervise the Finance department, including directors, managers, accountants, and analysts
• Execute and develop key financial processes focused on growing, scaling, measuring, and articulating CHI’s reach, revenue, and value proposition
• Oversee CHI’s financial operations, accounting, revenue management, financial performance, budgeting, financial planning, and analysis
• Lead CHI’s migration process, a complex 3-5 year build out that will require expert training, project and change management with stakeholders, staff, and vendors
• Ensure all accounting operations are compliant with GAAP, internal accounting controls are maintained for data integrity, compliance, and risk, and quality analyses for organizational decisions are provided
• Support financial strategy and leadership and work to enhance efficient financial operations and assist in Centering Healthcare Institute's compliance with relevant tax and finance laws, regulations, and filings
• Advise CHI’s CEO, its Executive and Leadership teams, and board members, on all financial matters regarding the company and its entities, collaborating with the Chief Development Officer, Fractional Chief Financial Officer, and the Chief Executive Officer on critical financial decisions and evaluating and advising on impact of financial initiatives, including, short, mid and long-term strategies for CHI
• Maintain an adequate system of internal accounting controls throughout the company, ensuring implementation and maintenance of appropriate segregation of duties and financial procedures
• Participate in strategic planning and develop Finance team priorities, including the development of financial KPIs
• Support CHI’s sustainability and growth efforts through the direction and management of the its financial planning and analysis work, with a critical eye on cyclical financial processes, revenue processes, compliance and reporting
• Collaborate and provide direct leadership across the organization to support the knowledge base around financial processes, budgeting and the monthly review process
• Maintain and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans
• Support staff in accurate expense allocation and proper classification and record keeping of financial transactions, implementing changes when appropriate
• Assess, recommend, and implement updates to the grants management function, processes and systems, financial analysis and reporting, net asset schedules, investment strategy and fiscal and grant budgeting process
• Oversee the provision of ongoing treasury activities, cash management, cash flow, forecasting and variance analysis to senior management; implement a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs
• Assist the Operations team with relevant quarterly and annual filings
• Ensure timeliness, accuracy, and usefulness of financial management reporting for funders, foundations, and contractors
• Serve as the liaison to the Board’s Finance committee; effectively communicate and present critical financial matters at the Board of Directors and committee meetings by managing all board-related Finance committee materials, dashboards and presentations, and Board engagement related to financial matters
• Build an operating model for a successful finance function, working across organizational functions (e.g. development, human resources etc.), keeping compliance and generally accepted accounting principles at the forefront
• Lead the organization’s multi-year migration, integration, and upgrades for all financial technology; manage the flow, use and utilization of cloud-based technology such as Sage, Salesforce, Ramp and bill.com, exploring new technology and dashboarding options as necessary
• Improve and strengthen the integrity of data and the systems to track and manage it
• Bring audits into compliance and lead timely and successful audits going forward
• Maintain accuracy and completeness of revenue and disbursements reported
• Provide ongoing strategic financial direction and develop policies and procedures, manuals, training, and toolkits
• Monitor and advise on the financial health of the organization, assets, holdings, investments and reserves
• Ensure the organization remains in excellent financial standing, and monitor changes that may impact financial reporting
• Partner with finance staff to oversee the organizational budget
• Support the development of business continuity and contingency plans to strengthen financial modeling and scenario planning
• Develop financial materials, training, narratives, presentations and visuals to support financial resource development and resource/tool building
• Identify and implement process improvement to streamline workflow with a strong focus on incorporating new technology and systems
• Determine the right team structure and necessary professional skills to staff a full team
• Develop and grow a Finance team and its roles over time, in line with the organization’s needs and evolving administrative priorities
• Operationalize, at an org-wide level, the findings from the business process assessment and and lead subsequent systems change and implementation and enhanced cross-communication and workflow
• Provide management to the Accounting/Finance team
• Oversee the financial operations, ensuring a best-in-class office and high-performing team
• Partner with external consultants, vendors and stakeholders to achieve results for the organization, including financial consultants, financial system vendors, investment accountants, tax accountants, legal counsel, and Board members

Preferred Qualifications

Experience with bill.com, Sage Intacct Cloud-Based Accounting, Salesforce, ramp.com, and Concur Expense Management highly preferred

Benefits

• Health, dental and vision insurance
• 14 paid holidays
• 401(k) retirement plan with a 100% matched employee contribution of up to 6%
• Flexible vacation time (unaccrued vacation time that full-time eligible staff can utilize after three months working with CHI)
• Many other health and wellness offerings
• The organization’s headquarters office is in Boston, MA and all of CHI’s team works remotely nationally. This role can be based anywhere in the continental U.S