What are the responsibilities and job description for the Chief Financial Officer position at Vaco by Highspring?
Location: New Brunswick, NJ - Onsite, 5 days/week
Salary: $275,000 - $300,000 bonus
Reports To: President & CEO
A growing mission-driven organization is seeking a strategic and results-oriented Chief Financial Officer to lead all aspects of its financial operations. The CFO will partner with the President and executive team to drive financial strategy, ensure reporting integrity, manage capital and liquidity, and optimize resources across the organization and its affiliates. This is an executive-level role with significant visibility to the Board of Trustees and key stakeholders.
Key ResponsibilitiesStrategic Leadership
Partner with the President and executive team to implement the strategic plan.
Contribute to organizational strategy, assessing financial and operational performance to achieve goals.
Financial Management
Oversee all financial operations, including banking, accounts payable/receivable, and cash management.
Produce monthly, quarterly, and annual financial statements for internal and external use.
Ensure appropriate interfaces exist with all lines of business for efficient transaction processing.
Budgeting & Capital Planning
Lead the annual operating budget and capital planning process in alignment with strategic goals.
Determine investment and operating capital needs and implement strategies to raise funds.
Ensure timely submission of reports and information for grants, investments, and regulatory purposes.
Cash Management & Liquidity
Monitor cash flow, liquidity, and resources necessary to fund operations and investments.
Ensure compliance with investment policies.
Compliance & Risk Management
Maintain policies, procedures, and controls to mitigate risk.
Oversee audits, ensure regulatory compliance, and monitor investor covenants.
Participate in credit and risk committee meetings and manage non-performing assets and reserves.
Board & Stakeholder Relations
Serve as primary finance liaison to the Board of Trustees, Audit, and Finance Committees.
Present financial statements and organizational performance analyses at board meetings.
Team Leadership
Manage, mentor, and develop finance team members.
Establish professional development plans and provide timely feedback to direct reports.
Bachelor's degree required; CPA license with at least 10 years of current experience.
Minimum 5 years in a senior financial management role.
Strong knowledge of FASB and GAAP procedures and financial systems.
Experience in community development or mission-driven finance preferred.
Demonstrated ability to build high-performing teams and work collaboratively.
Excellent oral and written communication skills.
High level of confidentiality, flexibility, and results-oriented leadership.
Willingness to travel as required.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual's skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.
Salary : $275,000 - $300,000