General Summary:
The Vice President of Finance & Operations oversees all aspects of YoungArts finances and operations. Operations includes IT and facilities management (engineering, custodial, landscaping, security, and general property management). Reporting to the President & CEO and serving as a key member of senior leadership, the Vice President will be responsible for advancing YoungArts approach to financial and operational management and executing on YoungArts strategic direction during a period of high growth and national expansion. The Vice President will manage a team of ten staff and oversee relationships with a number of external vendors and consultants. This is a great opportunity for a proven leader with strong analytic, finance, and operational skills to contribute to a mission-driven organization in the arts.
Essential and Other Responsibilities: (performs other duties as assigned)
Strategy, Vision and Leadership
- Advise the President & CEO and other key members of the executive leadership team on financial planning, budgeting, cash flow, investment priorities, and policy matters.
- Serve as the management liaison to the board, real estate task force, finance & investment and audit committees; effectively communicate and present critical financial matters at select board of trustees and committee meetings.
- Contribute to the development and execution of strategic goals, objectives and KPIs as well as the overall management of the organization.
- Maintain continuous lines of communication, keeping the President & CEO informed of all critical financial and operational issues.
- Represent the organization externally, as appropriate, particularly in banking and negotiations.
- Play a strong strategic role in designing and implementing processes, frameworks, systems and reporting that allow us to capture and utilize timely and accurate data across the business to make better decisions.
- Contribute to key strategic decisions, including how and whether to pursue opportunities to extend YoungArts work, helping to chart and model out potential economic models for different options.
- Demonstrate a strong commitment to diversity, equity, and inclusion, both in interactions internally and in approaches to processes such as vendor selection.
Team Development/Leadership
- Provide leadership and direction to the Finance, IT, and Operations teams, ensuring alignment with organizational goals.
- Promote a culture of high performance and continuous improvement that values learning and a commitment to quality.
- Ensure staff members receive timely and appropriate training and development as it relates to finance and operations practices.
- Establish and monitor staff performance and development goals and KPIs, assign accountabilities, set objectives, establish priorities, conduct annual performance appraisals, and administer salary adjustments.
- Mentor and develop staff using a supportive and collaborative approach: monitor and evaluate results.
Operations
- Work to continually assess and upgrade YoungArts approach to internal controls, compliance with accounting standards, and other relevant finance policies and practices.
- Ensure that YoungArts is adhering to the strategic plan, delivering status reports to the President & CEO and board.
- Provide analytical support to the internal management team including development of internal management reporting capabilities.
- Improve administrative and accounting services such as treasury management, grants payment processing and accounts payable.
- Oversee all financial operations including the annual budget process, forecasting, financial reporting, and auditing, ensuring the accuracy and integrity of financial data.
- Oversee the preparation of GAAP compliant quarterly comparative financial statements with variance analyses for review and discussion at quarterly Finance Committee meetings.
- Oversee the completion of the monthly closing of internal financials and the preparation of departmental P&Ls.
- Work closely with the Advancement department to support contract negotiations and revenue.
- Manage relationships with external auditors, tax professionals, corporate tax planning professionals, payments and record keeping vendors.
- Manage corporate liability, property and workers comp insurance policies.
- Direct information technology for the organization, overseeing relationship with IT vendors and implement IT strategies that support the organizations plans for a nationally distributed workforce across multiple U.S. cities.
- Oversee the management of IT infrastructure, ensuring reliability, security, and scalability to facilitate programmatic expansion, in-person and virtually.
- Collaborate with the Senior Director, Organizational Growth and Development to:
- Strategically plan for and identify locations for future work hubs across multiple U.S cities and allocate required resources.
- Evaluate and quantify the impact of growth and change initiatives.
- Mitigate risk by ensuring compliance with all employment laws and regulations.
- Ensure accurate payroll administration and 401(k) account management.
- Work closely with legal support for contract review and management.
- Ensure the campus and facilities are operational and safe.
Safety Responsibilities
- Adhere to all policies pertaining to physical safety and security.
- Report any potential or actual violations to Security.
Qualifications and Experience Requirements:
To be successful in this role, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
- Commitment to diversity, equity, and inclusion as key strategies toward creating and supporting safe spaces that promote empathy, a sense of belonging, and humanity to foster the greatest potential for innovation, creativity and collaboration across all teams.
- Minimum 10 to 15 years experience in a senior management role ideally with both external audit and in-house financial management experience gained in a high-growth organization
- Experience either as an employee or board member of a nonprofit organization preferred; must be familiar with nonprofit finance and accounting regulations
- Proven track record of success facilitating progressive organizational change and development within a growing organization
- Excellent judgment and creative problem-solving skills including negotiation and conflict resolution skills
- Strong mentoring, coaching experience to a diverse team with varying levels of expertise
- Entrepreneurial team player who can multitask
- Superior management skills; ability to influence and engage direct and indirect reports and peers
- Self-reliant, good problem solver, results oriented
- Exceptional written, oral, interpersonal, and presentation skills and the ability to effectively interface with senior management, board of trustees, and staff
- Ability to operate as an effective tactical and strategic thinker
- Proficient in Blackbaud systems and Excel
- Passion for the YoungArts mission
Education and/or Credentialing Requirements:
- Business or Accounting degree mandatory; an MBA and/or CPA are required
- Experience beyond requirement will be considered in lieu of education requirement
Working Conditions:
This position is hybrid/remote with the potential to be fully virtual. Some travel will be required.
#J-18808-Ljbffr
