*Exciting Opportunity!* VPQHC is on the lookout for a dynamic individual to join our team as Director of Finance! As the Director of Finance, you'll play a pivotal role in ensuring the financial health and sustainability of VPQHC, a leading organization dedicated to improving healthcare quality in Vermont. This is your chance to make a real impact in the healthcare sector while utilizing your expertise in finance. Hybrid work option, excellent benefits package, compensation commensurate with experience.

Full-time, Exempt

Organizational Standards

• Embrace ownership role of VPQHC.
• Accept empowerment to think creatively.
• Communicate thoroughly and professionally.
• Demonstrate respect, empathy, and collaborative teamwork.
• Demonstrate a commitment to diversity, equity, and inclusion through continuous development, modeling inclusive behaviors, and proactively managing bias.

Basic Functions

The Director of Finance is responsible for managing the financial operations of the organization, ensuring the organization’s financial health, and organizational sustainability. This role will oversee all financial reporting, budgeting, forecasting, financial analysis, and compliance requirements. The Director of Finance will work closely with the Executive Director, Board of Directors, and VPQHC program staff, to develop and implement financial strategies that support the organization’s mission and goals, and to ensure efficient tracking of project budgets.

Characteristic Duties and Responsibilities

Financial Management

• Develop and implement financial strategies that support the organization’s mission and goals
• Manage and oversee all financial operations, including accounting, budgeting, forecasting, and financial analysis
• Ensure the accuracy and completeness of financial records, including the general ledger, accounts payable and receivable, payroll, and other financial systems
• Prepare and present financial reports to the Executive Director and Board of Directors, providing analysis and recommendations as needed
• Ensure compliance with all financial reporting and regulatory requirements, including tax filings, audits, and other reporting requirements
• Manage relationships with external partners, including banks, auditors, and other financial service providers
• Supervises and works with bookkeeper to ensure accurate and timely financial records are maintained.
• Oversees preparation of payroll and records payroll accurately in the General Ledger
• Prepares and transmits timely invoices to funders and other clients that meet contractual requirements
• Maintenance of general ledger

Tax Filing and Compliance

• Oversee all tax filings and compliance requirements, ensuring that the organization is in compliance with all relevant laws and regulations
• Manage relationships with external auditors and other financial service providers to ensure compliance with all reporting and regulatory requirements

Budgeting and Forecasting

• Develop and oversee the annual budgeting process, working closely with program managers and other stakeholders to develop realistic and achievable budgets
• Monitor actual performance against budget and provide regular updates and analysis to the Executive Director and Board of Directors
• Provide monthly reports to program managers on budgeted versus actual expenditures for VPQHC projects; coordinate with program staff to ensure reporting meets program management needs; make adjustments to reports as necessary
• Work closely with program staff to develop budgets for all VPQHC proposals and projects
• Develop and maintain financial forecasting models that support long-term financial planning and decision-making

Board Relations and Reporting

• Report on the financial performance of the organization to the Board of Directors, including regular updates on budget performance, forecasts, and financial risks and opportunities
• Collaborate with the Executive Director and Board of Directors to develop and implement financial policies and procedures that align with the organization’s values and strategic goals
• Represent the organization at internal and external events and meetings, providing financial guidance and support as needed

Supervision Received

Supervision is received from the Executive Director.

Qualifications

• Bachelors Degree in Accounting, Finance, or related field; MBA or CPA strongly preferred
• 8 years of progressively experience in nonprofit financial management that includes expertise in understanding, developing, and utilizing allocation methodologies
• Proven track record of successful financial management, including experience developing and implementing financial strategies, managing budgets, and overseeing financial reporting and compliance
• Proficient in QuickBooks, Excel, Microsoft Suite, Zoom and other videoconferencing platforms
• Experience in preparing for, and meeting requirements of, annual independent financial audits including Federal Single Audits
• Strong leadership and management skills
• Excellent analytical, problem-solving, and decision-making skills
• Strong communication and interpersonal skills, with the ability to communicate financial information to non-financial stakeholders
• Passion for the mission and work of the organization
• Passionate interest in mentoring others and working as a team

Work Atmosphere

This job is performed within a professional office environment, with option to work remotely. The position may require attendance at occasional evening or weekend meetings; and may require occasional extended work hours. Job may be stressful throughout different periods of the year, mostly relating to meeting and budget preparation. This description illustrates the type of work that characterizes the position and is not an all-encompassing statement of the specific duties, responsibilities and qualifications of individuals who fill the position.

Job Type: Full-time

Pay: $85,000.00 - $105,000.00 per year

Experience level:

• 8 years

Ability to Relocate:

• Montpelier, VT 05602: Relocate before starting work (Required)

Work Location: Hybrid remote in Montpelier, VT 05602