Boys & Girls Clubs of Sonoma-Marin · 3 months ago
Vice President of Finance
Boys & Girls Clubs of Sonoma-Marin is seeking a Vice President of Finance to lead their financial strategy and management. This role involves overseeing financial planning, analysis, reporting, and compliance to ensure fiscal responsibility and alignment with the organization's mission.
Non-profit Organization Management
Responsibilities
Provide strategic financial guidance to the executive team and Board of Directors to support decision-making and drive organizational growth
Develop and implement financial plans, policies, and procedures to ensure effective financial management and accountability
Monitor key financial metrics and performance indicators, identifying opportunities for improvement and risk mitigation
Lead the annual budgeting process, working closely with department heads to develop realistic budgets aligned with organizational priorities
Conduct financial forecasting and scenario analysis to support long-term planning and resource allocation decisions
Monitor budget-to-actual performance and variance analysis, recommending adjustments as needed to achieve financial targets
Oversee the preparation of accurate and timely financial statements, reports, and disclosures in compliance with Generally Accepted Accounting Principles (GAAP) and regulatory requirements
Coordinate external audits, tax filings, and compliance reviews, ensuring adherence to legal and regulatory standards
Maintain internal controls and procedures to safeguard assets, prevent fraud, and ensure financial integrity
Provide regular financial updates and insights to the CEO, Board of Directors, and other stakeholders
Manage cash flow, liquidity, and investments to optimize financial resources and minimize risk
Develop cash flow forecasting models to support operational needs and capital planning
Monitor banking relationships and recommend strategies to enhance efficiency and reduce costs
Oversee grant and contract accounting processes, ensuring compliance with funding requirements and reporting obligations
Work closely with Development staff to track grant revenue, expenses, and outcomes
Provide financial analysis and support for grant proposals, negotiations, and reporting
Qualification
Required
Bachelor's degree in Accounting, Finance, Business Administration, or related field
Significant experience in financial management, including leadership roles in nonprofit organizations or relevant sectors
Deep understanding of nonprofit accounting principles, regulations, and best practices
Proven track record of strategic financial planning, budgeting, and forecasting
Strong analytical skills and attention to detail, with the ability to interpret complex financial data and communicate insights effectively
Excellent leadership, interpersonal, and collaboration skills, with the ability to build and motivate high-performing teams
Proficiency in financial software and systems, such as QuickBooks or comparable platforms
Expert in Excel
Preferred
MBA, CPA, or CMA strongly preferred