Vice President of Finance

Company: Emerge Community Development
Location: Minneapolis
Posted on: May 31, 2025

Job Description:

II. -- -- -- --Job Summary:--The VP of Finance is responsible for managing the fiscal operations of EMERGE, including developing forecasts, budgets, and reports for multiple entities that align with and support EMERGE's strategic goals, mission, vision and values. The VP of Finance will develop, implement and maintain accounting policies and procedures in accordance with generally accepted accounting principles, that ensure financial transparency and stability and supports Agency leaders and managers to effectively manage their programs and budgets. The VP of Finance will lead, develop and support an effective team of professionals and is a key member of the Executive Team and is the staff liaison to the Finance Committee of the Board.--III. -- -- -- Core Job Functions:--The Vice President of Finance performs a wide range of duties including but not limited to the following:Recruit, hire, lead and support a diverse team of qualified, competent staff by providing effective training & supervision that encourages continued professional development and ensures delivery of quality services and continuous progress toward meeting department and agency goals.In collaboration with Executive and other leaders, develop and support short and long-term operational strategies to meet EMERGE's strategic financial goals, including setting and managing of annual finance/accounting department goals.Develop, implement and manage the agency's financial policies, practices and procedures to ensure compliance with applicable laws, generally accepted accounting principles (GAAP) and other accounting standards and best practices, as well as contract and funder requirements to effectively manage the evolving requirements of the agency's social enterprises and maintain alignment with the organization's strategic plan, mission, vision and values.Lead EMERGE's budget and financial planning and management processes by developing financial systems, reports, models, forecasts and projections to develop balanced budgets that incorporate the agency's mix of revenue resources to balance expense with revenue while generating positive cash flow and support and assist managers with fiscal planning and budget management.--Continuously monitor, analyze and report on the agency's financial performance and effectively manage organizational cash flow by working in partnership with Executive and other leadership to--assess the financial efficacy of program operations and make appropriate adjustments when needed.Partner with the President & CEO to communicate and report on the agency's financial health to the Board of Directors and Finance committee, attending all meetings and acting as its staff liaison.Coordinate and lead the annual audit process, liaise with external auditors and board finance committee to ensure the timely and successful completion of annual audits, IRS filings and other mandated reporting to maintain the 501c3 nonprofit status.Oversee all contracts and grants accounting, billing, collections and financial compliance to ensure that expenditures are consistently aligned with contract, grant and program budgets throughout the contract/grant/fund period and all financial reporting materials for government, corporate, and foundation contracts and grants are accurate, complete and prepared in a timely manner.Oversee the day-to-day accounting functions to ensure all accounting transactions are completed correctly and timely, including, but not limited to, accounts payable, billing, accounts receivable, payroll reconciliation, bank reconciliations, fixed assets, collections and debt payments.Manage and track the performance of invested assets in keeping with policies and investment guidelinesDirect the development, distribution and implementation of Finance policies and procedures to ensure department policies and procedures are up to date and consistent with overall agency policies and procedures, coordinating policy review with Human Resources, as needed.Manage the storage of required financial documents to meet compliance standards.Perform any other tasks and duties necessary for the agency to meet its mission. --*Essential Job Function--IV. -- -- -- Position Requirements:--Education and Experience--Bachelor's degree in accounting, business administration or related field, MBA preferred or equivalent combination of education and relevant work experience.--Five+ years' experience in a similar leadership role in a complex non-profit organization with a diverse funding portfolio preferred, for-profit experience a plus. --Previous experience with government contracts, private foundation grants, and individual contributionsDemonstrated experience in financial planning and analysis--Demonstrated success developing and monitoring systems to manage financial, operational and programmatic work that involve high levels of collaborationExperience with developing, supervising and leading successful teams.Skills, Knowledge and AbilitiesDemonstrated skills in Microsoft Office 365, including Word, Excel, PowerPoint, and Outlook.Demonstrated skill and proficiency with financial management software, Blackbaud Financial Edge NXT preferred.Knowledge of nonprofit fund accounting, auditing and tax management--Strong working knowledge of finance law and regulatory standards, including generally accepted accounting principles (GAAP) and federal, state, and local tax compliance and reporting.Ability to translate complex financial concepts to individuals at all levels including finance and non-finance leaders.Keen analytic, organization and problem-solving skills which allows for strategic data interpretationCPA--or CMA designation desirable (active or inactive)Technology savvy with experience selecting and overseeing software installations and managing relationships with software vendors preferred.Ability to work effectively in a mission-driven agency whose clients and staff reflect significant diversity with respect to race, ethnicity, gender, orientation, socio-economic status, nationality and religion.Ability to establish and maintain positive working relationships with others, both internally and externally, to achieve the goals of the organization.Ability to communicate effectively with diverse audiences using appropriate and effective communication tools and techniques.Ability to work cooperatively and effectively with agency managers and leaders to set goals, resolve problems, and make decisions that enhance organizational effectiveness.Ability to assess situations to determine the importance, urgency and risks, and make clear decisions which are timely and in the best interests of the organization. -- -- -- -- -- ----V. -- -- -- --Working Conditions and Environment:--Enterprise: Incumbent will have a private office/designated workspace in a typical office environment. The building is multiple floors and fully accessible and is smoke-free. Work will include regular local travel. Working hours are generally Monday through Friday, 8 am-5:00 pm but will include occasional evening and weekend hours. Some work from home opportunities may be available. The noise level in the work environment is usually low, but sometimes moderate.------Compensation details: 109000-120000 Yearly SalaryPIc1cb63e46f73-25660-37756430

Keywords: Emerge Community Development, Burnsville , Vice President of Finance, Accounting, Auditing , Minneapolis, Minnesota