Vice President of Finance

Job Summary:

The Vice President of Finance plays a key leadership role in supporting AFG’s mission by overseeing the organization’s accounting operations. This position is responsible for financial reporting, maintaining accurate accounting records, and implementing effective internal controls to mitigate risk. The VP of Finance ensures the integrity, transparency, and accuracy of AFG’s financial results while providing strategic financial guidance to advance the organization’s goals

Key Responsibilities:

• Serve as a strategic partner to the CEO and Executive Leadership Team by providing financial insights, forecasting, and recommendations to support organizational goals.
• Develop and implement financial strategies that ensure the sustainability and growth of AFG.
• Oversee the day-to-day operation of the Finance department including staffing, training, people management, budget and reporting.
• Prepare, review, and present timely and accurate monthly, quarterly, and annual financial statements to leadership, Finance Committee, and Board of Directors.
• Ensure compliance with federal, state, and local reporting requirements.
• Create and maintain financial processes, policies, procedures, internal controls and information systems to achieve the agency’s financial goals.
• Supervise the preparation of financial statements, financial reports, special analyses, ensuring they conform to generally accepted accounting principles (GAAP) and satisfy grantor and other funder requirements.
• Supervise the preparation and submission of tax documentation including 990’s, 1099’s, and 941’s.
• Oversee cash flow management including cash receipts and forecasting to ensure adequate liquidity for operations and strategic priorities.
• Manage banking relationships and investment strategies, including endowments, in line with organizational policies.
• Lead, mentor, and develop the finance and accounting team, fostering a culture of accountability, collaboration, and professional growth.
• Ensure the team has the tools, training, and support to succeed.
• Supervise routine transaction processing including accounts payable/receivable and payroll and provide support with monthly journal entries and accruals
• Establish Finance Department goals and monitor progress toward those goals.
• Continuously evaluate department strengths and identify areas for improvement and change.
• Oversee the grant management process. Assist the Program Directors with planning, tracking and documenting spending for programs and grants. Prepare budgets for grant applications, monitor spending, prepare for grant audits and implement auditor recommendations.
• Lead the annual budget for the agency, track revenue and expenses against budget and analyze significant variances.
• Monitor and report on budget-to-actual performance, providing variance analysis and recommendations for corrective action.
• Responsible for audit management. Select the independent auditor firm, prepare records and report needed by the auditors and implement auditor recommendations. Provide financial updates and guidance to the Board of Directors and Finance Committee.
• Collaborate with funders, auditors, and other external stakeholders as needed to support financial transparency and trust.

Demonstrated Abilities:

• Solid organizational, project management and leadership skills
• Ability to set priorities, take initiative, motivate staff and meet deadlines
• Solid analytical skills with the ability to resolve difficult accounting issues
• Financial acumen, including grant and budget development and management

Acquired Knowledge:

• Requires a bachelor’s degree in accounting, finance or business administration (CPA preferred)
• Plus 10-15 years of related experience, including 5-7 years in a supervisor/manager role
• Nonprofit and grant management experience is strongly preferred
• Experience working with various accounting software including QuickBooks is needed
• Knowledge of accounting standards and generally accepted accounting principles (GAAP)