Vice President of Finance
Chabad on Campus International (COCI) is seeking a Vice President of Finance to manage all accounting, finance, and fiscal reporting functions for the organization.
Chabad on Campus International is an entrepreneurial organization at the forefront of Jewish life on campus, supporting the sustainability and success of Chabad Houses on campuses worldwide. At COCI you will have a rewarding work experience, will be appreciated for the value you bring to the team, and will get to work in a cohesive and friendly environment. The position is based in NYC and open to partial work-from-home candidates.
Reporting to the Chief Operating Officer (COO), the Vice President of Finance (VP) will be responsible for oversight of all finance, accounting and reporting activities. As the head of finance, the VP will be involved in supporting presentations to the board, finance/audit committee, and will work closely with the senior leadership team. As a member of the senior leadership team, the VP will be an advisor to all department VP’s, evaluating and assisting them with their financial plans and economic modeling. S/he will be responsible for overseeing all fiscal and fiduciary responsibilities for the organization in conjunction with the COO, and the board of directors, as well as the finance, audit, and investment committees of the board.
As a true business partner to the CEO, COO, and CSO, and department VP’s, the VP of Finance will assess organizational performance against both the annual budget and Chabad on Campus’ long-term strategy. Develop tools and systems to provide critical financial and operational information to the COO, make actionable recommendations on both strategy and operations, and execute flawless audits. Engage the board finance, audit, and investment committees around issues, trends, and changes in the operating model(s) and operational delivery. Assist in establishing yearly objectives and meeting agendas, and selecting and engaging outside providers.
The VP will also lead all day-to-day finance operations of a steadily increasing $10 million budget and supervise the finance team, including functional responsibility over accounting, accounts payable, accounts receivable, payroll, and grants and donor administration. The VP will work closely with program leaders and their teams, not only to educate them regarding finance and accounting procedures but also to explore how the finance function can support program operations.
In addition, she or he will partner with the COO, senior leadership, and information technology (IT) staff to enhance and better integrate finance, HR, and IT functions.
Oversee all accounts, ledgers, and reporting systems, ensuring compliance with appropriate Generally Accepted Accounting Principles, and regulatory requirements.
Maintain internal control safeguards and coordinate all audit activities.
Communication with, and engagement of, the Board of Directors and Donors, including Institutional Donors.
Preparation of Budgets, and responsibility for managing the process, so as to monitor progress and present financial metrics both internally and externally. This will include reviewing and ensuring compliance, as well as providing recommendations.
Manage cash flow and forecasting.
Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
Responsible for delivering accurate financial statements, both internally and externally, and obtaining timely audits.
Collect, interpret, and report financial data needed throughout the organization.
Monitor and confirm financial performance by conducting internal reviews.
Ensure fiscal accuracy by ensuring General Ledger maintenance and reconciliation.
Guide financial decisions by establishing, monitoring, and enforcing policies and procedures.
Protect assets by establishing, monitoring, and enforcing internal controls, including expense management and purchase approval systems.
Prepare reports for management and oversight boards by collecting, analyzing, and summarizing information and trends.
Ensure compliance with federal, state, and local legal requirements by studying existing legislation, anticipating future legislation, enforcing adherence to requirements, filing financial reports, and advising management on needed actions.
Maintain, mentor and develop the finance staff, managing work allocation, training, problem resolution, performance evaluation, and the building of an effective team dynamic.
Protect operations by keeping financial information and plans confidential.
Required Education, Experience, Skills
-Demonstrable passion for Chabad on Campus’ mission; a hands-on manager with integrity and a desire to work in a dynamic environment.
-Mature and proactive, with evidence of having worked as a true business partner to the CEO/COO of a multi-divisional organization.
-A collaborative and flexible style with a strong service mentality.
-Bachelor’s degree in accounting or finance; CPA a plus.
-10+ years progressive accounting experience.
-Budgeting leadership experience.
-Financial reporting experience for internal, corporate, and donor requirements.
-Solid computer skills, including experience with Excel, Quickbooks, and data management.
-Ability to meet deadlines with minimal supervision.
-Organized self-starter who is able to prioritize workload.
-Attention to detail, flexibility and independence.
-Excellent communicator with strong oral and written skills; ability to manage and interact professionally across the organization, including with internal team and external Board leadership.
-Compensation & Benefits
-Competitive salary commensurate with experience.
-Closed all Jewish holidays, paid vacation days.