Vice President, Finance

FLSA STATUS: EXEMPT

SUMMARY

Reporting to the chief financial officer (CFO), the Vice President will be responsible for the day-to-day financial operations of a $115M budget and supervise a team of staff members in Accounting, Payroll and Grants Management based in Washington DC, Kazakhstan, Kyrgyzstan and Poland.

The Vice President oversees the daily accounting operations and functions (including A/R, A/P, payroll, financial statements/grants and management reports), supervises the accounting staff and manages the completion of assignments required for the preparation of quarterly financial statements and the annual audit.

In addition, The Vice President will implement financial policies and procedures, direct the accounting processes, and be involved in preparing presentations to the Board of Trustees and Audit & Finance Committee.

This position will also ensure that American Councils has the systems and procedures in place to support flawless audits. The Vice President will also work with program leaders and their staffs, not only to educate them regarding finance and accounting procedures but also to explore how the finance function can support program operations. This position will partner with the CFO, senior leadership, and the human resources (HR) and information technology (IT) staff to enhance and better integrate finance, Business Development, HR, and IT functions.

This position is slated to promote to CFO as part of the succession plan.

KEY RESPONSIBILITIES/OUTCOMES (INCLUDE BUT ARE NOT LIMITED TO)

• Provides overall leadership of full accounting operations including, but not limited to revenue, expenses/payables, reporting, analysis, grants management/compliance and audits.
• Supervise Finance staff (A/P, G/L, P/R, Field office exp reports and Grants Management).
• Develop and maintain accounting policies, procedures, and controls in accordance with GAAP, sound accounting principles and applicable regulations and laws.
• Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate (GAAP and Uniform Guidance) standards and regulatory requirements.
• Direct quarterly accounting close-out process at appropriate time intervals and prepare required quarterly financial statements and reports.
• Assists with the preparation of Finance Committee and Board of Directors materials.
• Actively leads, motivates, develops, and provides support to team members to meet and exceed established goals and timelines. Provides thorough and timely performance evaluations.
• Perform cash management function and act as liaison with banks.
• Coordinate and prepare work papers for the annual audit and serve as liaison with external auditors.
• Oversee and assist with the annual budgeting and planning process.
• Oversee and assist in managing risk and liability insurance portfolio in coordination with the CFO
• Other duties as assigned by the CFO

QUALIFICATIONS

• Bachelor’s Degree, preferably in Accounting, Finance, or a related field
• CPA, CMA, and/or MBA, or equivalent advance degree/certification preferred.
• 5+ years’ experience in accounting, preferably in the nonprofit sector
• Strong Leadership, Management, planning, and organizational skills are a must.
• Experience with federal cost regulations and standards under Uniform Guidance (CFR 200)
• Experience with development and management of Indirect Cost Rates;
• Data and Technology savvy: able to evaluate new ways to leverage technology to improve processes, and to leverage and model data to inform decision making (data analysis)
• Experience in Microsoft Business Central is Highly Desirable.
• Demonstrated management skills and supervisory experience.

BENEFITS

This position is eligible for healthcare benefits.

EQUAL EMPLOYMENT OPPORTUNITY

American Councils is committed to taking affirmative steps to enhance employment opportunities for minorities, women, veterans, and people with disabilities, and strives to ensure that meaningful employment and promotional opportunities are maintained for everyone. American Councils’ commitment to equal employment opportunity is based not only on federal requirements, but also on a longstanding commitment to maintaining a diverse workforce reflective of the communities in which we operate.

PAY TRANSPARENCY NONDISCRIMINATION PROVISION

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.