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Vice President of Finance
$192k-265k (estimate)
Full Time 6 Months Ago
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The Greater Boston Convention and Visitors Bureau is Hiring a Vice President of Finance Near Boston, MA

Description

Meet Boston (formerly Greater Boston Convention and Visitors Bureau) is seeking a Vice President of Finance to provide strategic expertise and financial leadership. This individual will be responsible for planning, directing, and controlling the financial activities of Meet Boston. The VP of Finance will employ a thorough knowledge of public finance, budgeting, and Generally Accepted Accounting Principles (GAAP) and will ensure the responsible fiscal stewardship of the organization. The position will be reporting to the Executive Vice President. The VP of Finance has 3 direct reports: Director of Finance, Staff Accountant, and Accounts Receivable.

Essential Functions of the Vice President of Finance:

  • Create, implement, and manage full departmental structure: operating processes, policies, and workflow to optimize the overall financial function with efficiency and accuracy while ensuring internal controls and reflecting industry best practices.
  • Along with Human Resources Manager, oversee 401k, insurance policies, and benefits administration and ensure the company is following industry and market best practices.
  • Assist with the grant application and reporting requirements.
  • Prepare/review monthly financial statements and analyze expenditures by line item accounts to determine unusual fluctuations.
  • Work with staff and board leadership to develop and manage the agency's investment strategy and policies. Monitor cash flow, account transfers, lines of credit, interest earnings, and merchant accounts.
  • Work with independent auditors to ensure that sound accounting principles are followed in association operations and oversee the production of the annual audit reports for all GBCVB accounts.
  • Research and implement software systems to support primary finance and accounting practices and functions. Ensure that Meet Boston Point of Sales systems supports payments, accurate accounting of inventory, and associated reporting.
  • Reconcile grant funding to ensure adherence to the terms of the grant and overall best practices.
  • Expand and streamline the chart of accounts to fully allow the representation of accurate coding of expenses across departments and funding sources.
  • Develop monthly financial statements for presentation to senior leadership, finance committee, executive committee, board of directors, and other relevant committees as designated.
  • Design and implement a process for monthly departmental budget reporting.
  • Formalize the annual budget development process: create unified templates, timelines, and instructions for managers to participate in the process and formal presentation for committee and board approval.
  • Ensure that all financial transactions in accounts and journals, from invoices, checks, and purchase orders, are fully verified.
  • Manage fixed assets and depreciation schedules.
  • Manage finance and accounting staff and verify the integrity of their work.
  • Coordinate audit activity and prepare all schedules.

Job Type:

  • Full-time, Monday to Friday
  • Hybrid work schedule – 3 days in office / 2 days remote, subject to change in the future
  • COVID-19 considerations: All staff are required to submit proof of having received a COVID immunization.

Requirements

  • Nonprofit experience is required (501(c)3 and 501(c)6.
  • Minimum of Bachelor's in Finance, accounting required, Master's preferred.
  • 15 years of accounting and finance experience, with at least 5 years in a leadership role or Director level.
  • Certified Public Accountant (CPA) is required.
  • Experience in the areas of accounting, auditing, management, and best practices.
  • Demonstrated leadership, interpersonal, presentation, and organizational skills.
  • The ability to handle multiple projects/tasks, prioritize work and meet deadlines.
  • Strong problem-solving and decision-making skills.
  • Demonstrated effectiveness in written and verbal communication.
  • Strong presentation skills.
  • Expert level proficiency with accounting and finance systems.
  • Ability to be flexible, self-directed, motivated, and able to interact with employees at all levels.
  • Capable of compiling and analyzing data to guide strategic planning.

Meet Boston offers a comprehensive benefits package including health and dental plans, 401(k), vacation, PTO and sick time, company-paid life and disability coverage, flexible work arrangements, and an exciting, collegial work environment.

To apply, please submit a cover letter detailing specific qualifications for the position and salary expectations as well as a resume.

Meet Boston is the primary private sector marketing and visitor services organization charged with the development of meetings, conventions, and tourism-related business. Comprised of over 1,200 member companies in Boston, Cambridge and across New England, our goal is to enhance the economy of the region. Meet Boston is a not-for-profit, membership-driven sales and marketing organization.

Meet Boston is proud to be an equal opportunity and affirmative action employer. We value diversity and are committed to creating a workplace that reflects this commitment. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Job Summary

JOB TYPE

Full Time

SALARY

$192k-265k (estimate)

POST DATE

10/29/2022

EXPIRATION DATE

03/30/2024

The job skills required for Vice President of Finance include Accounting, Leadership, CPA, Problem Solving, Finance and Accounting, Planning, etc. Having related job skills and expertise will give you an advantage when applying to be a Vice President of Finance. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Vice President of Finance. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Vice President of Finance positions, which can be used as a reference in future career path planning. As a Vice President of Finance, it can be promoted into senior positions as a Chief Financial Officer that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Vice President of Finance. You can explore the career advancement for a Vice President of Finance below and select your interested title to get hiring information.

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