Vice President of Finance

at  First Place for Youth

First Place For Youth-Join Our Team Video!
Are you dedicated to empowering and supporting youth, regardless of their background? We’re searching for passionate individuals to make a positive impact on the lives of foster youth. Become an integral part of their transformative journey and join the First Place for Youth team.
About First Place for Youth We’re a leading non-profit organization dedicated to supporting foster youth in their transition to adulthood, with a focus on education, employment, and housing. We believe that all young people deserve the opportunity to thrive and lead successful, independent lives. Our comprehensive programs empower foster youth to overcome the unique challenges they face and build the skills, confidence, and connections they need to succeed.

Why Work at First Place For Youth:

• Meaningful Impact: Help to transform the lives of foster youth on the cusp of adulthood. Your role will support them in their journey to conquer challenges, achieve independence, and fulfill their aspirations.
• Innovative Approach: We thrive on innovation, pushing the boundaries of foster care support. Your voice here matters, and you’ll contribute to programs that redefine the futures of these young lives.
• Collaborative and Supportive Environment: Embrace a dynamic and supportive workplace, where every team member is valued. Together, we’re a force dedicated to uplifting youth. Expect professional growth, fueled by teamwork and collaboration.
• Comprehensive Benefits: We value the well-being of our employees and offer a comprehensive benefits package. From health and wellness benefits to retirement plans, we ensure that our team members are taken care of so they can focus on their important work supporting foster youth.
• Culture of Diversity and Inclusion: We celebrate diversity in every form. At First Place for Youth, inclusivity reigns, creating a workplace where all voices are heard, respected, and empowered.

POSITION SUMMARY: The VP of Finance leads the organization’s Finance Department and is responsible for all the organization’s accounting and finance operations. We are looking for a forward looking and flexible thinker to lead a team of eight employees. The ideal candidate is a seasoned and strategic financial professional with nonprofit experience and demonstrated success establishing financial policies and procedures for scale.

Essential Duties and Responsibilities: Include the following. Other duties may be assigned.

• Lead all accounting functions including accounts payable, accounts receivable, banking, payroll, and general ledger management.
• Develop and maintain internal controls including policies, procedures and systems to ensure safety of income, accurate reporting of transactions, timely payment of accounts, safeguarding of assets, and compliance with audit and legal requirements.
• Manage the overall month-end close process ensuring an accurate and timely close.
• Ensure compliance with US GAAP, First Place accounting policies and procedures, and all applicable government contract rules.
• Ensure cost allocations are up to date and accurate to ensure correct billing for government contracts and private revenue grants.
• Ensure all balance sheet accounts are reconciled on a monthly basis and all balances are current and valid.
• Work with the Finance Team and the business to ensure balances are kept current at all times.
• Produce financial reports for the Executive Team and Finance Committee to effectively monitor the organization’s financial health.
• Produce insightful and user-friendly financial reports for budget managers to allow them to effectively manage their department or project budget.

Audits

• Lead the annual fiscal audit. Act as the organization’s key point of contact for the audit and preparation of the audited financial statements.
• In partnership with the external auditors oversee the preparation of the organization’s annual tax returns. Ensure accurate and timely filings.
• Lead the 401k Plan annual audit.
• Oversee all government agency audits. Ensure all audit requests are dealt with efficiently and within the specified timelines. Develop and monitor action plans to address any audit findings.

Essential Duties and Responsibilities: Include the following. Other duties may be assigned.

• Lead all accounting functions including accounts payable, accounts receivable, banking, payroll, and general ledger management.
• Develop and maintain internal controls including policies, procedures and systems to ensure safety of income, accurate reporting of transactions, timely payment of accounts, safeguarding of assets, and compliance with audit and legal requirements.
• Manage the overall month-end close process ensuring an accurate and timely close.
• Ensure compliance with US GAAP, First Place accounting policies and procedures, and all applicable government contract rules.
• Ensure cost allocations are up to date and accurate to ensure correct billing for government contracts and private revenue grants.
• Ensure all balance sheet accounts are reconciled on a monthly basis and all balances are current and valid.
• Work with the Finance Team and the business to ensure balances are kept current at all times.
• Produce financial reports for the Executive Team and Finance Committee to effectively monitor the organization’s financial health.
• Produce insightful and user-friendly financial reports for budget managers to allow them to effectively manage their department or project budget

Qualification and Requirements: include the following. Other duties may be assigned.

• Bachelor’s degree in Accounting or Finance and a current CPA.
• 7-10 years of supervisory experience in a finance role with both accounting and FP&A responsibilities. Experience working in a nonprofit organization and knowledge of government contracts highly desirable.
• Commitment to cultural competency and diversity – Deep commitment to social justice and systems change that addresses barriers based on race, ethnicity, sexual orientation or gender identity