Vice President of Finance Business Operations
Vice President of Finance Business Operations
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Job Description
Fahrenheit Advisors is assisting our client Maymont Foundation in the search for a Vice President of Finance & Business Operations. Maymont is a 100acre historic estate and park located in Richmond Virginia.
The Maymont Foundation is seeking a dynamic and resultsfocused Vice President of Finance & Business Operations (VPFBO). As a key member of the senior leadership team the VPFBO will work closely with the President/CEO Board of Directors and other stakeholders to develop and advance Maymonts mission and overall strategy through financial human resources and business operations objectives. This position is a visible and collaborative leader both internally and externally with strong interpersonal presentation and relationshipbuilding skills.
The VPFBO works closely with the President/CEO and Board of Directors as well as the senior leadership team and other stakeholders to develop the organizations 35 year strategic plan and the alignment of annual operating plans with strategic goals. The position is a key driver for developing new initiatives aligned with the organizations mission and goals and manages the teams responsible for Maymonts finance and accounting human resources risk management and IT functions as well as high profile community events and facility rentals. This position reports to the President and CEO.
Essential Functions:
Financial Strategy:
- Collaborate with President/CEO Board of Directors and senior leadership to set implement and monitor the organizational financial strategy including annual operating capital and restricted project budgets
- Foster a business mindset across departments through collaboration on financial goals strategies and tactics to support organizational sustainability and alignment of activities with business strategy
- Monitor financial performance through regular reporting analytics and ongoing communication of KPIs providing insightful analysis and recommended alternatives as appropriate
- Ensure maintenance of comprehensive accounting and finance procedures and policies documentation internal controls crosstraining and plans to protect business continuity
- Lead treasury activities including cash management line of credit activities loan renewals investment activities and withdrawals as directed by the Finance Committee
- Regularly review financial procedures processes and systems and revise as needed to improve efficiency and usefulness for internal and external stakeholders
- Serve as a key support role to the Board of Directors Finance Committee and Executive Committee to ensure strong fiduciary governance
- Oversee the annual audit tax filings state/local business and charitable registrations
Business Operations:
- Provide strategic leadership to Maymonts revenue generating areas and opportunities including oversight to the community events and events sales teams
- Drive datainformed decisionmaking working collaboratively with senior leadership to anchor priorities and activities in a shared understanding of measurement tools and anticipated results.
- Work with senior leadership to enhance organizational strategy through expanded engagement with guests and supporters increased brand awareness and revenue growth
- Work closely with the Director of Special Events & Event Sales to formulate short and longterm community events and event sales strategies aligned with Maymonts strategic plan and goals
- Facilitate coordination with administrative and financial team on contracts and agreements billing insurance permitting and other legal and administrative matters
Human Resources & Administrative Services:
- Work closely with the President/CEO and senior leadership to determine organizational workforce needs according to overall business strategy focusing on leveraging and aligning human capital with visitation and seasonality trends
- Oversee talent acquisition and retention by ensuring consistent bestpractices in hiring and recruitment across departments
- Lead compliance efforts ensuring human resource practices follow applicable employment laws internal policies and bestpractices
- Lead efforts to maintain market competitiveness in employee compensation and benefits through ongoing monitoring of internal and external comparisons prioritizing adjustments as necessary
- Develop ongoing strategies for staff training and development to build capacity and align skillsets with organizational priorities
- Oversee the biweekly payroll process to ensure accuracy funding and compliance with laws and regulations
- Lead benefit administration negotiating annual renewals with outside vendors
Risk Management:
- Partner with the Board of Directors and professional advisors including insurance auditors banks legal and other professional advisors to anticipate mitigate manage and respond to risk and exposures
- Manage the organizations insurance relationships including liability property and business insurance ensuring adequate coverage to current and future risk
- Manage and guide the organizations regulatory and legal compliance
- Oversee internal contractual review process and ongoing compliance with contractual obligations
Information Technology and Digital Support:
- Work with internal IT staff and outside vendor to oversee management of network hardware and software systems and provide advice consultation and support for business goals with technology
- Manage software hardware and business machines to support business functions
- Work collaboratively with marketing operations and content areas as well as outside professionals to conceptualize develop and maintain technologybased projects
- Provide support for integration of digital technologies into financial human resource marketing development customer service and programming activities
Core Competencies:
- Proven effective financial planning control and analysis in a complex operating environment
- Excellent verbal written and interpersonal communication skills and an ability to inspire confidence among peers and work cooperatively in a collaborative fastpaced work environment
- Ability to provide timely and clear information communicate complex concepts effectively both verbally and in writing and present to various stakeholders including the Board of Directors donors and community partners
- Ability to anticipate future consequences and trends accurately with broad knowledge and perspective and able to create competitive and breakthrough strategies and plans
- Strong project management organizational and leadership skills including managing a team and overseeing vendors suppliers and consultants
- Advanced digital literacy including proficiency in systems and software supporting accounting finance data analytics and human resources with experience in Blackbaud preferred
- Strong attention to detail and organization with analytical and problemsolving skills
- Demonstrated ability to analyze outcomes and results and recommend and implement new policies and practices
Education & Experience:
- Minimum Bachelors Degree with advanced degree in business nonprofit management accounting or related field preferred
- Minimum of 10 years relevant experience nonprofit or cultural institution preferred
- Experience providing leadership to human resources with knowledge of employment law and best practices
Required Experience:
Chief
Employment Type
Full Time
