Lucile Packard Foundation for Children's Health · 21 hours ago
Vice President of Finance
Palo Alto, CA
Full-time
Hybrid
Director/Executive
$265K/yr - $280K/yr
10+ years expThe Lucile Packard Foundation for Children's Health is dedicated to transforming health for children and families through philanthropy and innovation. The Vice President of Finance will provide strategic financial leadership, oversee the Foundation's financial functions, and ensure alignment with organizational goals to support long-term growth.
Health Care
Responsibilities
Lead, mentor, and develop a high-performing finance team (currently four staff), ensuring excellence in accounting operations, reporting, and compliance
Collaborate with senior leaders across the organization to align financial resources with fundraising strategies and Foundation priorities
Evaluate and improve financial processes to enhance efficiency, accuracy, and scalability, leveraging technology and AI tools where appropriate
Uphold the highest standards of internal controls, financial rigor, and stewardship to safeguard the Foundation’s resources
Oversee internal and external audits and ensure timely and accurate tax preparation and filings
Build strong, trusted partnerships with colleagues at Stanford University, the Stanford School of Medicine, and Lucile Packard Children’s Hospital
Lead financial modeling and long-range planning to analyze resource needs in support of long-term revenue growth goals
Oversee the annual operating budget and deliver monthly financial reporting and analysis to the Executive Leadership Team
Direct the monthly financial close, including review and approval of investment valuations, financial statements, and budget analyses
Serve as the Foundation’s lead resource for evaluating accounting treatment of significant or unusual transactions, ensuring GAAP compliance and appropriate disclosure
Manage all investment, bank, brokerage, and trust accounts
Partner in staffing and supporting the Audit and Investment & Finance Committees
Prepare and present financial and investment materials for Board committees
Provide clear, consistent reporting on financial performance, investment results, and emerging risks to support sound financial governance
Manage the relationship with the Foundation’s external investment advisor to ensure effective implementation of investment strategies and directives
Monitor portfolio performance and asset allocation, ensuring adherence to investment policies
Develop and implement cash management strategies to maintain liquidity and optimize deployment of idle cash
Participate in annual trust and 401(k) investment reviews
Oversee maintenance of investment cost basis and calculations related to net investment income and deferred tax liabilities
Execute investment manager agreements, trust and estate documents and related regulatory filings, and tax forms
Actively engage in the enterprise risk management (ERM) program, ensuring proactive identification, assessment, and mitigation of financial and operational risks
Review and approve annual insurance applications and policy renewals
Serve as the finance representative on the Gift Acceptance Committee
Partner with Gift Planning to evaluate accounting, tax, regulatory, and investment implications of charitable trusts, gift annuities, and complex gifts
Oversee financial and compliance review of contracts and coordinate legal review when appropriate
Qualification
Required
CPA required
Bachelor's degree in Accounting, Finance, or related field required
Minimum 10 years of progressively responsible financial leadership experience, preferably in the nonprofit, higher education, or philanthropic sector
Strong knowledge of GAAP, nonprofit accounting, financial budgeting and reporting, nonprofit and investment tax, and cash management
Demonstrated experience with audits, board committee support, and financial governance
Experience managing external investment advisors and oversight of institutional investment portfolios
Experience with fund accounting and management of restricted and unrestricted funds
Excellent communication skills, with the ability to present complex financial matters to a variety of audiences
High integrity, sound judgment, and commitment to the mission of philanthropy and donor stewardship
Preferred
MBA or CFA a plus
Benefits
Generous leave, including PTO, holidays, Summer Fridays, and a sabbatical (after 7 years of employment)
Annual bonus opportunity
Retirement plan + employer match
Premium Medical and Dental coverage
FSA + dependent care FSA
Employer-paid life insurance
Legal services plan
Commuter Benefits, including CalTrain “Go Pass” Program
4-week paid maternity and paternity leave for new parents
Stipend for home office and mobile phone
Company
Lucile Packard Foundation for Children's Health
Our Vision: Resources never stand in the way of the best possible health for all kids and moms.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Kathy Coulbourn
Chief Financial Officer and Interim Vice President of Programs and Partnerships
Dylan Pace
Founder of Take a Slice at Cancer
Recent News
2025-06-13
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