Website Vision To Learn
We provide vision care so kids can succeed in school and in life
About the job
Love your work! Vision To Learn (VTL) is a Los Angeles-based nonprofit providing free glasses to kids in 22 regions nationwide. We are seeking a senior finance executive with a systems mindset, startup energy, and a strong nonprofit background to join our award-winning team of social entrepreneurs changing kids lives. This individual will be responsible for all tactical and strategic finance and accounting functions supporting our growing annual budget (currently about $20 million). The position requires hands-on involvement in implementing and integrating financial management systems (including extensive management of philanthropic and government grants), automating processing, and providing efficient and actionable reports.
In addition to managing a finance team of two other individuals to complete all monthly and annual financial reports, budgets, audits, financial administration of grants, compliance, and other accounting functions, this individual will work with our Senior Leadership Team to develop and implement an overall financial strategy and will present financial information and analysis to the Board of Directors.
The successful candidate must be an experienced and skilled financial professional, CPA highly preferred, with demonstrated strong skills in financial systems integration, compliance, budgeting, communications, analysis and reporting. Substantial nonprofit experience, including revenue recognition and grants management is required, and experience with Medicaid or other government program revenue cycle management is a highly preferred. Desire and ability to work closely with colleagues in a small, fast-paced, mission-driven environment is essential.
This is a full-time, hybrid position, with in-office presence in West Los Angeles required at least 3 days per week.
DUTIES & RESPONSIBILITIES:
Responsible for all Finance Department functions, including without limitation financial planning, financial operations (treasury, accounting, reporting, payroll, grants management, procurement, etc.), and completing annual audit and budget processes.
Analyze, interpret, and communicate financial results and make appropriate recommendations.
Develop and manage an effective finance team, currently including a staff accountant and an open position for a grants accounting manager.
Review contracts and other proposals and analyze their potential financial impact.
Ensure appropriate fiscal policies are in place and in compliance.
Work with the Development team to select, implement, and integrate grants management and revenue cycle management software to effectively manage diverse and quickly growing revenue streams.
Work with the Development team on project budgets and reports to successfully obtain and grow funding.
Collaborate with Operations and Development teams to efficiently process all government payments (such as Medicaid, CHIP, and contracted revenue), and maintain compliant financial records and reports.
Financial Systems Development and Maintenance:
1. Complete implementation of Sage Intacct accounting software, and integration of this system with complimentary systems or modules, such as grant tracking and management, payroll and time tracking, and collaborate with developer team linking VTL’s proprietary Electronic Health Records system to Sage for revenue cycle management.
2. Design and implement timely and effective reporting of actionable information.
3. Implement an accurate and efficient grants management accounting process.
4. Evaluate, eliminate, or improve manual or low-tech procedures that impede efficiency.
5. Identify and mitigate financial risks, assess controls, and maintain compliance with GAAP, governmental accounting standards and VTL’s bylaws and policies.
Facilitate discussions between VTL leadership and regional managers to create goals and develop organizational policies integrating operations and finance, and optimize resources across VTL.
Represent the Finance Department at Board and leadership meetings.
Work with the Senior Leadership Team to develop and implement overall financial strategies.
Analyze cash flow and prepare budgets, forecasts and projections.
Manage VTL’s employee benefits plans, in collaboration with HR, seeking innovative offerings and cost savings.
Manage business relationships with banking, credit, financial, insurance, investment, and other services and suppliers.
Maintain files of all contracts, leases, insurance policies, bonds, and other relevant documents.
Positively represent VTL and act ethically and in the best interest of VTL.
Communicate with tact and discretion, maintaining strict confidentiality.
Demonstrate cultural sensitivity.
Perform other duties as assigned.
Bachelor’s or graduate level degree or significant course work in Finance or Accounting. C.P.A. highly preferred.
Expert in Microsoft Office, and an ERP or financial management software (preferably Sage Intaact), knowledgeable and familiar with other finance-related digital tools (such as grants management software/functionality, expense reporting and payroll), able to integrate systems.
Five or more years of experience in the finance function of a nonprofit, preferably in a leadership position, including experience with Experience in administration of federal contracts is a strong plus.
Understanding of general business administration including employment laws.
Excellent organization and follow through skills. Ability to work in an interdisciplinary environment.
Strong written and verbal interpersonal communication skills.
Mission-driven: energized and excited about working with a team to change kids’ lives.
KEY SUCCESS FACTORS
Start-up mindset: Innovative, versatile, flexible, hands-on, and willing to work with constantly changing priorities.
Systems focus: Skilled and driven to use technology to automate, systematize, and optimize processes.
Commitment to excellence, high standards, and results.
Ability to effectively recognize and assess priorities.
Strong organizational, problem-solving and analytical skills.
Team player with strong interpersonal skills.
Excellent judgment: able to make timely and sound decisions.
NOTE TO APPLICANTS
Please be advised a pre-employment Drug Test and a Department of Justice Fingerprinting clearance, and proof of COVID 19 vaccination will be required as a condition of employment.
Salary: $125,000 to $155,000.
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