Job Description
Vice President of Finance and Accounting
Division 700
About Goodwill SOLAC:
Goodwill, Southern Los Angeles County (SOLAC) is a 501(c)(3) nonprofit organization that transforms donated goods into job training, education, and placement services for individuals with barriers to employment. Goodwill SOLAC serves 22 cities and communities throughout Southern Los Angeles County.
Our skills training, education, job preparation, and placement programs build lives, families, and communities—one job at a time. Placing individuals in productive and competitive employment fills them with the value, joy, and dignity of a paycheck. We believe that putting people to work benefits the individual and the community’s economic vitality through taxes, spending power, real estate values, quality of life, and relief from social services and welfare systems.
Goodwill SOLAC is one of 154 independent Goodwill’s with membership in Goodwill Industries International. Goodwill SOLAC’s campus in Long Beach houses its administrative offices, training programs, processing operations, transportation fleet, LiNKS Sign Language & Interpreting Services, retail store, and e-commerce operations.
Goodwill is a culturally diverse and inclusive organization. We are a proud equal-opportunity employer. We are committed to fair hiring practices and creating a welcoming environment for all team members. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, familial status, or veteran status.
Role Overview:
The Vice President of Finance and Accounting plans and oversees all aspects of the organization's financial processes and establishes overall direction and strategic initiatives. Develops and administers financial organization policies and develops long-range goals and objectives. Provides leadership and oversees key operational and financial processes and decisions for the finance team to improve efficiency and performance. The Vice President of Finance and Accounting is under the general direction and supervision of the President & CEO.
Exemplary Duties / Responsibilities:
- Oversees all operations concerning financial matters, including preparation of monthly financial statements, accounts receivable, accounts payable, payroll, reconciliation of accounts, and auditing.
- Trains and supervises division team members; develops and initiates systems, operating policies, the financial accounting manual, and procedures for transacting financial matters by Board of Trustees policy.
- Ensures that the financial system is accurate and efficient by professional accounting practices, government regulations, national Goodwill standards, and the Commission on Accreditation of Rehabilitation Facilities (CARF) requirements.
- Develops and implements the division goals, projects, policies, procedures, methods, and controls; directs general accounting activities, including maintenance of general ledgers, analysis of financial statements, and review of payroll records.
- Prepares monthly and close-out reports as required by California and Federal regulations, profit-loss statements, annual corporate tax and not–for–profit returns/statements, and special financial reports, studies, and analyses.
- Develops and maintains the internal audit control system and develops and administers the Goodwill cash management and capital expenditure program.
- Provides data, reports, and other information to assist and support the division leaders and President/CEO in preparing the annual budget and monthly reports utilized in the financial management of all divisions.
- Forecasts revenues, expenditures, year-end balances, cash positions, and cash flows; plans, designs, implements, and modifies the data processing system; prepares and revises the fiscal operations procedure manual.
- Coordinates with other operating divisions concerning short- and long-range fiscal needs, plans, and reporting formats; responds to requests for information; supervises daily accounting operations, especially the verifying and signing payroll, cash disbursements, and the payable register.
- Selects, trains, supervises, and evaluates division team members and demonstrates a commitment to empowering other Directors in the financial management of their divisions.
- Partners with contract finance agencies to carry out the supplemental needs of finance functions.
Vice President of Finance and Accounting Qualifications:
- Bachelor’s Degree in Accounting, Finance, or Business Administration with an Accounting concentration from an accredited college or university.
- Ten (10) years’ progressively responsible experience in accounting.
- Eight (8) years of experience in accounting leadership.
- Experience in a Non-Profit environment is a plus.
- Experience in a multi-unit/ multi-location business.
Knowledge
The Vice President of Finance and Accounting shall possess knowledge of:
- The principles, practices, and methods of Generally Accepted Accounting Principles (GAAP) and auditing.
- The principles and practices of financial administration, including budgeting and reporting.
- Financial office practices, procedures, methods, and systems.
- The current principles and practices in operating procedures and data processing.
- Data processing is used to maintain accounting records and financial administration.
- Budget preparation, program analysis, and revenue/expense forecasting.
- The organization, administration, budget, and management principles and practices.
- The reporting requirements of government, funders, and various other regulators.
Skill
The Vice President of Finance and Accounting shall be able to possess the following skill set and abilities:
- Mid-level experience with Microsoft Office, including Excel, and experience using formulas and pivot tables.
- Experience presenting to boards and committees.
- Planning, coordinating, and directing a complex financial operation with multiple lines of business.
- Developing, revising, and installing accounting systems and procedures.
- Interpreting and applying appropriate laws and regulations.
- Preparing varied financial statements, reports, and analysis.
- Communicating clearly and concisely verbally and in writing.
- Selecting, supervising, training, and evaluating assigned staff.
- Demonstrating leadership competencies in building a high-value organization.
Licenses
The Vice President of Finance and Accounting must possess a valid California motor vehicle operator’s license and be willing to use their personal vehicle during employment.
Desirable Qualifications:
The Vice President of Finance and Accounting should possess a Certified Professional Accountant (CPA) Certificate, preferred.
Core Competencies II:
To perform the job successfully, an individual should demonstrate the following competencies:
Confidentiality – Understands and adheres to high-level confidentiality in all work-related information discussions and information sharing in all board meetings and by the senior leadership team.
- Ethics and Values – Adheres to Goodwill core values and beliefs during times of strength and opportunities and acts in line with those values.
- Problem-Solving – Identifies and resolves problems promptly; gathers and analyzes information skillfully; develops alternative solutions; works well in group problem-solving situations; uses reason even when dealing with emotional topics, people, and situations
- Task Management –Communicates changes and progress; completes projects on time and budget.
- Technical Skills – Pursues training and development opportunities; strives to build knowledge and skills continuously; shares expertise with others
- Customer Service – Responds promptly to customer needs; solicits employee feedback to improve service; responds to requests for service and assistance; meets commitments.
- Interpersonal Skills – Listens to others without interrupting; keeps emotions under control; remains open to others’ ideas and tries new things
- Verbal Communication – Speaks clearly and persuasively in positive or negative situations; listens and gets clarification; responds well to questions; demonstrates group presentation skills effectively; participates in meetings.
- Teamwork – Balances team and individual responsibilities; exhibits objectivity and openness to others’ views; welcomes feedback; contributes to building a positive team spirit; promotes inclusiveness; puts team success above own interests; supports everyone’s efforts to succeed.
- Diversity –Shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes a harassment-free environment. Must be able to work with diverse cultures and those with barriers to employment, including disabled populations.
This job posting should not be construed to imply that these requirements are the exclusive standard of the position. Incumbents will follow any other instructions and perform any other related duties as may be required by their supervisor.
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Revised: 5/18/24