Senior Vice President of Finance

Senior Vice President of Finance

May Institute, Inc seeks an experienced financial executive for the role of SVP of Finance. Reporting to the CFO, the SVP of Finance will be responsible for all facets of the Finance Department, including general accounting, accounts payable, purchasing, accounts receivable, financial reporting and analysis, and budgeting. 

Responsibilities:

• Coordinate development of annual operating, capital, and program budgets, as well as reporting for the same
• Ensure cash flow is compatible with operations by overseeing day-to-day accounting, recording, reporting, and internal-control activities of the organization
• Maintain relationship(s) with financial institutions and auditors
• Develop and implement best practices and tools to ensure a well-controlled yet flexible organization that has strong fiscal management, project coordination, cross-team communications, and workflows
• Comply with all national, state, and local financial requirements by studying existing and new legislation and taking appropriate action
• Work with senior managers to efficiently develop budget proposals, provide access to project finance information, and ensure contract/grant compliance and reporting
• Ensure financial reports are accurate and distributed on a timely basis.
• Research revenue opportunities and economic trends, analyze internal operations, and identify areas for cost reduction and process enhancement
• Perform risk management through analysis of company liabilities and investments, and evaluate and manage capital structure and fundraising initiatives
• Responsible for P&C and liability insurance programs
• Monitor business performance with tracking tools, establish corrective measures as needed, and prepare detailed reports for the management team, and the rest of organization, including  financial statements and forecasts.
• Manage finance personnel and oversee financial IT systems, ensuring compliance with relevant regulatory entities (ex: Financial Accounting Standards Board, state funding agencies, etc)
• Analysis of M & A opportunities as they arise

Qualifications:

• 20+ years of accounting and finance experience, with at least 10 years in a leadership role or Director level.
• Certified Public Accountant (CPA) is required
• Non-Profit experience helpful, but not required
• Understanding of regulatory reporting requirements
• Capable of compiling and analyzing data to guide strategic decisions and planning
• Knowledge of financial analysis and financial software tools
• Ability to create and deliver unbiased budget expectations for different departments/programs
• Ability to read contracts and understand the implications of the contracts on both a cash basis and an accrual basis