What are the responsibilities and job description for the Treasurer position at Vaco by Highspring?
About the Role:
Our client is seeking an experienced Treasurer to lead enterprise-wide liquidity management and oversee financial reporting for their asset-based nonprofit organization.
Reporting directly to the CFO, you will play a highly visible, strategic role in ensuring operational stability, managing a complex multi-entity structure, and driving capital strategy. You will serve as a key partner in maintaining the balance between our mission-driven objectives and our long-term financial health.
Key Responsibilities
Liquidity & Capital Management
Cash Flow Strategy: Develop and maintain robust weekly, monthly, and annual cash flow models to ensure long-term operational viability.
Reporting & Compliance: Deliver high-level liquidity reporting to the Board of Directors and manage critical debt covenant reporting and lender relations.
Risk & Portfolio Management: Oversee the investment of excess cash while mitigating credit, counterparty, and interest rate risks.
Strategic Growth: Cultivate new on- and off-balance-sheet liquidity sources, including banking partners, foundations, government entities, and private investors.
Cross-Functional Collaboration: Partner with lending and portfolio teams to synchronize asset-liability management and refine internal liquidity oversight tools.
Fund Stewardship: Oversee the precise tracking and reporting of restricted versus unrestricted net assets.
Grant & Capital Deployment: Manage the timely release of temporarily restricted funds and ensure all capital deployment adheres strictly to donor and funding mandates.
Lifecycle Tracking: Provide oversight of the full grant and investment lifecycle across departments to ensure transparent financial stewardship.
Audit & Regulatory Leadership: Direct annual audits and tax filings, including entity-specific requirements (e.g., Form 1120).
Operational Accounting: Oversee core accounting functions, including journal entries, intercompany accounts, and balance sheet reconciliations.
Variance Analysis: Provide actionable budget-to-actual variance analysis to inform executive decision-making.
Real Estate & Lending Focus: Manage specialized accounting for real estate, including sub-ledger reconciliation (rental income, escrow balances) and property management fee oversight.
Internal Controls: Maintain a rigorous internal control environment across the entire multi-entity structure.
Experience: 10 years of progressive leadership in treasury, financial management, and accounting.
Sector Expertise: Deep knowledge of nonprofit accounting standards, specifically regarding restricted/unrestricted net asset structures.
Industry Focus: Demonstrated expertise in asset-based, real estate, or lending environments is strongly preferred.
Technical Acumen: Advanced modeling and forecasting capabilities; familiarity with debt covenant compliance and sophisticated lender relationship management.
Professional Credentials: CPA, CFA, or MBA preferred.
Leadership Style: Ability to thrive in a mission-driven, collaborative environment while providing clear, analytical, and authoritative financial guidance.
Highspring LLC (d/b/a Vaco by Highspring) and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") are committed to the full inclusion of all qualified individuals 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 applicable law. The company is also committed to ensuring that persons who need them are provided with reasonable accommodations; if an accommodation is needed to participate in the job application or interview process, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
Representation Notice
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. Additionally, you agree to be included in our talent pool for future hiring for similarly qualified positions. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. Lastly, you 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.
For residents of Ontario, Canada only: to the extent the position for employment is not with Highspring or not otherwise noted as vacant above, candidate should be informed that this role is to replace a presently employed person at Vaco by Highspring's client.
Privacy Notice
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 and UK GDPR may access our policies here.
Additionally, submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. More details about Vaco by Highspring's use of AI can be found here (https://www.highspring.com/ai-use-notices/). Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco by Highspring does not know and cannot opine on if its client's use of AI products in hiring.
Pay Transparency Notice
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; and
· 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 and/or participation in medical, dental, and vision benefits as well as the company's retirement plan (or similar retirement benefits).
Salary : $175,000 - $185,000