As a member of the Community Foundation’s leadership team, the Vice President of Finance and Operations is responsible for advancing the mission of the Community Foundation primarily by retaining the confidence of our stakeholders by ensuring good stewardship of the funds entrusted to the Foundation, growing endowment for future generations, and sustaining high-caliber customer service.  The Vice President leads the Finance Department and is accountable for business strategy, sound financial and investment management, and highly effective operations.  The role requires extensive knowledge of and experience in non-profit accounting practices, budgeting, financial analysis, managing risk and compliance, investment and endowment management, employee benefits and experience working with volunteer advisory committees and Boards.  As a member of the leadership team, the Vice President must embrace YCCF’s mission and values and collaborate with other departments to develop organizational plans and policies, problem-solve and build a high-performing team that demonstrates a commitment to diversity, equity, and inclusion throughout its practices.

Reports to:  President/CEO

Location: Currently operating in a hybrid capacity

Supervisory responsibilities:  Supervises the Controller and Financial Administrator. The Controller supervises an Accountant, who rounds out the department.

Position Responsibilities

Financial Stewardship and Operations (60%)

• Oversee and be fully knowledgeable of Finance Department functions including fund management, financial statements, payroll, employee benefits, accounts payable, purchasing, spending policy calculations and month-end investing
• Implement a system of policies, internal controls, and procedures to maximize efficiencies, comply with legal and regulatory standards and best practices in the field

• Plan, coordinate and execute the annual budget process and secure approval from the Finance Committee and Board of Directors
• Conduct regular financial projections and analysis to advise the President, committees and Board of Directors

• Maintain personnel policies in compliance with industry standards and labor laws and coordinate revisions with the President and Personnel Committee
• Administer employee benefits program and evaluate annually

• Coordinate and document processes among functional areas including Finance & Administration, Development, Grants Management and Communications proactively seeking increased efficiency
• Manage all banking relationships and functions for maximum efficiency and to generate maximum returns
• Identify and develop strategies to manage organizational risks
• Manage YCCF’s technology needs and operations and maintain good working knowledge of how technology is used by staff and opportunities for improvement

• Lead and manage YCCF facility needs, rental agreements and capital improvements
• Oversee and negotiate contracts with external vendors

• Coordinate the renewal of the Council on Foundation’s National Standards certification
• Serve as the staff liaison to the Finance and Audit committees.  Work with the committee chairs to develop agenda, present proposals for approval, make recommendations to the Board, recruit committee members and engage them in the mission of the Foundation
• Lead, motivate, evaluate and develop a high-performing team

Building Endowment for Future Generations (30%)

• Maintain relationships with investment fund managers to ensure compliance with YCCF’s investment policy
• Oversee internal processes for investment of new assets and authorize transactions
• Serve as the staff liaison to the Investment Committee
• Research and monitor market trends to inform the investment strategy and identify potential threats and opportunities

Engaging Donors (10%)

• Assist in promoting the Foundation by confidently communicating Foundation products, services and investment performance in presentations to fundholders and donor prospects
• Build positive relationships with donors in coordination with the Development Department by engaging donors at YCCF and community events
• Assist in identifying donor prospects by being actively engaged in the community

Providing Community Leadership (5%)

• Represent the organization externally, as necessary, particularly in investment and banking matters
• Assist in identifying community issues and philanthropic trends that impact YCCF’s mission

Investing in High-Impact Initiatives (5%)

• Identify and assist in building relationships and opportunities with organizations that can advance the Foundation’s priorities
• Support financial reporting to grants committees as needed

Education and Prior Experience

• Business or Accounting degree mandatory, a Master’s in Business Administration /CPA preferred
• Minimum of seven years of experience in a senior management role
• Experience with nonprofit finance and accounting regulations desirable
• Proven track record of success driving progressive organizational change and development within a growing organization

Skills Required

• Excellent working knowledge of accounting principles and investment strategy
• Strong analytical skills and ability to operate as an effective tactical and strategic thinker
• Excellent judgment and creative problem-solving skills, including negotiation and conflict resolution skills
• Initiator and self-reliant decision-maker
• Ability to evaluate processes and implement strategies to optimize effectiveness
• Exceptional supervisory, mentoring, coaching skills
• Strong written, oral, interpersonal and presentation skills with diverse audiences
• Working knowledge of Microsoft Office products including Word, PowerPoint and Excel and experience working in databases and accounting software
• Collaborative team player who is willing to roll up their sleeves to help
• Unimpeachable ethical standards, confidentiality, and personal integrity
• Passion for YCCF’s mission and commitment to organizational values
• Awareness of personal strengths, challenges, and bias, and commitment to self-improvement