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Company | Scion Staffing |
Address | Ottawa, Ontario, Canada |
Employment type | FULL_TIME |
Salary | |
Category | IT Services and IT Consulting,Non-profit Organizations,Staffing and Recruiting |
Expires | 2023-06-10 |
Posted at | 1 year ago |
Scion Nonprofit has been engaged to conduct an immediate search for a VP of Finance, on behalf of an amazing nonprofit dedicated to advancing racial and economic equity. This exciting opportunity offers the ability to significantly impact building a future where all people regardless of their race and class have power, choice, and ownership over the economy. This role is 100% remote and offers a 4-day work week with Fridays off.
- Responsible for oversight of completeness and accuracy of accounting and financial reporting.
- Review internal and external financial reporting and forecasting reports.
- Oversee budgeting and financial reporting in collaboration with the Director of Financial Reporting & Analysis.
- Directly manage external consultants that support accounting and financial reporting.
- Directly manage Internal Finance Team (2 people currently, one Director and one Manager, with the potential to add a 3rd Associate later in FY 2023).
- Indirectly support Investment Operations team members on compliance and process related matters, as well as team reciprocity to integrate Finance and Investment Ops processes effectively.
- Work collaboratively with the full Finance Team to manage team workflow and to communicate with colleagues outside of the Finance team.
- Keep abreast of the latest developments in the accounting/finance field by reading available written resource materials, attending appropriate meetings and workshops, and engaging in other valuable methods to maintain up-to-date policies and procedures.
- Cooperate with independent auditors to ensure the timely completion of the annual group audit and consolidated financial statements. Coordinate and prepare audit schedules for the year-end audit.
- Lead coordination with the Finance Committee and Board as needed.
- Cooperate with independent auditors to ensure the timely completion of the annual group audit and consolidated financial statements. Coordinate and prepare audit schedules for the year-end audit.
- Lead coordination of the audit and 990 filings across all entities.
- Oversee tax planning and compliance with all IRS, federal, state, and local regulations, including 990 returns, payroll and other applicable taxes. Prepare state and federal tax return information to support the auditor.
- Work with the Director of Investment Operations and external Compliance Officer to ensure compliance with organizational investment activities.
- Work with the Finance Team to build and maintain a ?financial management system and automated record keeping system to match the organizations growing needs and new initiatives while ensuring maintenance of appropriate internal controls, financial policies and procedures, and auditable fiscal structure.
- Oversee all accounts, ledgers, and reporting systems, ensuring compliance with appropriate GAAP and nonprofitaccounting standards and IRS regulatory requirements.
- Lead financial compliance - oversee all financial policies and procedures across multiple entities.
- Oversee the integrity, and integration of financial systems, including QuickBooks Online, Ramp Expense Management, and online banking permissions.
- Lead finance team process/system improvement - new systems, developing process, ad hoc as necessary, etc.
- Manage investment portfolio for the Strategic Opportunity Fund (5-10 investment holdings including mix of debt and equity investments).
- Support the growth and long term sustainability of the mission by supporting pricing analysis work and other considerations on fee for services.
- Coordinate supporting analysis with the Director of Financial Planning & Analysis.
- Support investment due diligence on new acquisitions, mergers, and strategic investment opportunities.
- Monitor bank service charges by providing industry standards vs. current charges.
- Coordinate with depository institutions to ensure FDIC insurance and liquidity considerations are balanced with organizational goals to invest funds strategically.
- Lead all banking relationships, allocations, rebalancing, and signatory changes.
- Monitor relevant interest rates and evolving investment opportunities.
- Coordinate to ensure check deposit and disbursement processes are compliant.
- Lead the adaptation and alignment of resources of Internal Treasury Management Policy.
- Lead team building and strategic activities for the Finance Team.
- Collaborate across management and teams to achieve goals together.
- Participate in in person retreats 2-4 times per year onsite across the U.S.
- Experience with various financial instruments and financial contracts, including investments.
- CPA degree or CFA preferred.
- Experience with QuickBooks Online and Microsoft Excel required.
- Strong interpersonal and communication skills; experience in effectively communicating key data, including presentations to senior management and other outside partners.
- Entrepreneurial style, with enthusiasm for working in a dynamic, fast-paced environment, for a mission-first organization focused on racial equity.
- Experience with banking and treasury management.
- Experience managing remote teams, ideally in a geographically dispersed context, with a high standard of excellence and accountability.
- Keen analytic, organization, and problem-solving skills, which allow for strategic financial analysis versus conventional nonprofit reporting.
- Experience with Google Sheets, a variety of Expense Management Software Platforms (e.g., Ramp), Airtable, Notion and/or Salesforce preferred; strong ability to learn and implement new systems and technology.
- Experience with project based financial analysis work, including pricing strategy or due diligence on strategic investments or mergers and acquisitions.
- Experience selecting and overseeing cloud financial software installations and managing relationships with software vendors; advanced knowledge of cloud accounting and cloud reporting software.
- Nonprofit, association, or foundation audit experience coordinating audit activities and managing reporting, ?nancial analysis, accounts payable and receivable, general ledger, and payroll.
- Experience with multi-entity structures and consolidated financial reporting.
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