Vice President Finance and Controller

Transcription

1 Vice President, Finance & Controller? Help To Apply: Position Title: Location: Department: Reports to: Vice President Finance and Controller Washington, DC Finance CFO Position Summary: Reporting to the CFO, the Vice President/Controller will lead accounting and financial management operations for SOI s consolidated global operations. The position is responsible for the accurate and timely compilation of all organizational financial information and will ensure that SOI maintains appropriate policies, systems, and controls that support accountability, stewardship, and compliance with all regulatory and private/public sector funding requirements. He/she is responsible for the development and supervision of 15 professional staff in HQ. The VP/Controller will also work closely with SOI s programmatic services and support departments in providing strategic financial analysis, business decision support, and professional training to improve organizational effectiveness. Responsibilities: Accounting and Financial Management Leadership Direct and control all accounting and financial reporting functions for the organization which includes corporate headquarters and seven regional offices; Assess and implement required policies, procedures and internal controls in alignment with accounting standards and principles (GAAP and other requirements); Direct and coordinate the work of specialized accounting functions including payroll, treasury operations, accounts payable & receivable, general ledger, inventory management, investments, and grants/contracts management; Ensure the integrity of all financial transactions, coordinate consistent and compliant recording of transactions throughout monthly/closing periods, and oversee the implementation and effectiveness of internal controls; Prepare monthly consolidated GAAP financial statements and other internal financial reporting as required by SOI management and Board of Directors; Design SOI s procedures, controls, and capacities to ensure effective compliance with dynamic local, state and federal grant and contract requirements;

2 Lead Finance staff in preparing financial statements and related reporting for SOI s diverse donor base including corporations, government agencies, foundations, and other donors; Coordinate the preparation and support for SOI s annual financial statement audit, government compliance audit, IRS Form 990 compilation, and other regulatory reporting requirements; Prepare and negotiate SOI s indirect cost rate proposal with the federal government; Assess, document, and implement procedures for effective allocation of organizational resources; Provide a variety of ad-hoc financial reports and analysis for internal decision support as requested; Direct ongoing business process assessments and implement improvements to procedures, controls, and tools that result in greater operating efficiencies and cost savings; Manage balance sheet exposure to ensure liquidity, maintain optimal working capital deployment, and position for financing opportunities; Develop and implement a plan to effectively manage any foreign exchange exposure; Working with IT staff and external vendors, coordinate required system upgrades and other enhancements to SOI s accounting, budgeting, expense reporting, and other financial systems; and Serve as SOI s primary contact for banking and audit relationships. Budgeting, Cash Flow Management and Forecasting Manage operational aspects of SOI s annual budgeting & planning process; lead Finance team in the comprehensive review of HQ and Regional Office budget submissions and guide units in budget maintenance and monitoring procedures; Continually update SOI s budget process, tools and software to reflect changes in business requirements and improve the accuracy and effectiveness of organization wide budgets; In coordination with the Director, Budgeting & Financial Reporting, regularly monitor Department and Regional actual performance to budget targets and assure compliance with budgetary limits and grant/contract obligations; Ensure compliance with SOI s Restricted Funds Budgeting policy and champion the organization s recovery of all costs related to restricted funds management; Develop enhanced tools and procedures to maintain effective rolling cash forecasts that accurately project future cash receipts and disbursements; Ensure timely and accurate draws against the Federal Letter of Credit; Manage SOI s annual financial forecasting process and prepare periodic updates;

3 Working with the CFO, define and monitor appropriate key performance indicators (KPIs), dashboard summaries, ROI assessments, trend analysis, and other required financial and business analysis; Evaluate financial performance data on a routine basis and summarize activities and recommendations to inform business decisions; and Assist in developing appropriate presentation documentation for SOI s Leadership Team, Audit & Finance Committee, and Board of Directors. Team Leadership & Training Build a highly effective client-focused team through training, mentoring, and development; Design and facilitate required accounting and financial management training for SOI/HQ and Regional Office staff; Leverage strengths of Finance team members by clarifying roles and responsibilities and engaging training programs that help staff excel in individual and organizational goals; Provide leadership by strengthening internal communications with staff at all levels throughout the organization; create and promote a positive and supportive work environment; Work closely with Departments and Regions to continuously assess the financial efficacy of program operations and establish systems and controls that optimally support program operations; Provide guidance, technical support, and training for HQ and Regional staff in budgeting, forecasting, procurement, and other aspects of financial management and grant compliance; Contribute to the development and decisions supporting SOI s Global Strategic Plan implementation; Actively participate on cross-departmental committees tasked with improving operational efficiency and continually explore ways that Finance can better support programmatic service and support departments; and Other duties as assigned. Required Qualifications: This is an extraordinary opportunity for a dynamic leader with ten plus years of progressively responsible accounting and financial management experience. The successful candidate will have extensive experience in accounting and audit operations as well as skill leading decision support analysis and evaluation for executive teams, board members, and external stakeholders. Other qualifications include: 10+ years of progressive accounting and financial management experience, preferably within a large non-profit organization with international operations and multiple donor-funded programs.

4 Bachelor s degree in accounting or related field; CPA required; Advanced degree in accounting or finance preferred. An equivalent combination of education and experience may by accepted as a satisfactory substitute for the specific education and work experience listed above. Strong business analysis, performance monitoring, compliance management, and financial reporting skills. Proven ability to effectively recruit, develop, mentor, and lead diverse financial management teams. Annual planning and organizational budgeting experience. Extensive experience coordinating audit activities and managing reporting, budget development, accounts payable/receivable, general ledger, payroll, and accounting for investment portfolios; government auditing standards experience preferred. Experience managing the financial reporting and compliance aspects of a diverse grants and contracts portfolio including government, corporate, foundation, and major donor funding. Knowledge of uniform administrative requirements, cost principles, and audit requirements for federal awards. Advanced knowledge of accounting and reporting software and experience with system conversions; technology skills including experience defining requirements, business case development, RFP processes, and overseeing vendor software installations. Exceptional analytic, organization and problem solving skills enabling strategic data interpretation and forecasting. Strong interpersonal and communication skills with ability to clearly convey complex financial issues to different audiences; experience providing presentations to senior management, board members, and partners. Preferred experience with Microsoft Dynamics Nav (Navision) and Prophix; advanced proficiency in MS Office Suite, including Excel, Word, and PowerPoint. Other Characteristics: Exceptional client service orientation and ability to build that strength across the Finance team. Exceptional verbal and written communication skills. Active listening, negotiation, facilitation, and reasoning skills. Ability to effectively supervise, delegate, and train individuals and teams; demonstrates flexibility and change management skills. Ability to work effectively under pressure and consistently manage multiple priorities. Demonstrates the maturity, savvy, and good humor necessary to meet the challenges of a fast-paced work environment. Willingness and ability to work outside normal business hours.

5 Ability and willingness to travel on an occasional basis within the U.S. and overseas. Commitment to Special Olympics mission and goals, with an understanding of and commitment to the power and importance of persons with intellectual disabilities, the unique role and power of sports, and a vision of a more understanding, inclusive, and just world. Special Olympics, Inc. is an equal opportunity employer and is dedicated to the goal of building a culturally diverse staff committed to working in a multicultural environment. Applications from women, minorities, individuals with disabilities and covered veterans are welcomed and encouraged. Employment with Special Olympics is at-will.