TheRole
The Vice President Finance will lead the strategic treasury and Financial Planning and Analysis (FP&A) functions for &AdministrativeOfficer. Theywillberesponsibleforbudgeting team will provide insights and recommendations to senior management enabling informed decision-making. They will oversee capital structure optimization liquidity and cash management lender and rating agency relationships strategic growth particularly in the community development finance space.
Keyresponsibilitiesoftheroleincludebutarenotlimitedto:
StrategicFinancialPlanning&Analysis
- DrivestrategicfinancialplanningbyintegratingtreasuryoperationswithFP&Ainsights.
- Leadlong-termfinancialmodelingandscenarioplanningforliquidityandcapitalneeds.
- Evaluateinterestratesensitivityandmarketriskstoenhancefinancialdecision-making.
- Developstrategiesforcapitalallocationtomaximizenetassets.
- Aligntreasuryinitiativeswithcorporatefinancialstrategyandgrowthobjectives.
- Providedata-drivenrecommendationsformergersacquisitionsanddivestitures.
- BudgetingandForecasting:Developingandmanagingtheannualbudgetandperiodicforecasts ensuring alignment with the organizations strategic objectives.
- FinancialReporting:Preparingandanalyzingfinancialreportsincludingvarianceanalysisto monitor performance against budget and forecasts.
- StrategicPlanning:Collaboratingwithvariousdepartmentstodeveloplong-termfinancialplansandstrategies that support the organizations growth and profitability.
- DataAnalysis:Utilizingfinancialdatatoidentifytrendsrisksandopportunitiesandproviding actionable insights to improve financial performance.
- Performance Management: Establishing key performance indicators (KPIs) and metrics to measure and track the organizations financial and operational performance.
StrategicDebtandLenderRelationshipManagement
- Developlong-termcapitalstructurestrategiestooptimizefundingcostsandfinancialflexibility forlendingand programs.
- ActastheprincipalrelationshipmanagerforLIIFslendinginstitutionsandnegotiatefavorable terms.
- MaintainstrongrelationshipswithcreditratingagenciesandensureLIIFsinvestment-graderating.
- Implementadvanceddebtmanagementstrategiesincludingevaluatingrefinancingand hedging opportunities.
- Assessandexecuteinnovativefinancingsolutionsincludingprivateplacementsandsecuritizations.
- Analyzeandforecastdebtcovenantcompliancetomitigatefinancialrisks.
- Leadscenarioanalysisfordebtrestructuringandliquidityoptimization
LiquidityandCashFlowManagement
- Developacomprehensiveliquidityriskframeworktoalignwithstrategicbusinessneeds.
- Implementautomatedcashmanagementsystemstoenhancereal-timevisibilityintocashflows.
- Overseeforecastingmodelsforworkingcapitalneedsandliquiditystresstesting.
- Monitormacroeconomictrendsandfinancialmarketconditionstoadjustliquiditystrategiesproactively.
- Establishkeyperformanceindicators(KPIs)forefficientcashutilizationandbenchmarking.
- Analyzetheimpactofmarketchangesoncashflowandrecommendcountermeasures.
- Driveinitiativestooptimizeworkingcapitalandreduceidlecash.
Investment Portfolio Oversight- DevelopandmanageLIIFsstrategicinvestmentpolicytobalanceliquidityandreturns.
- Optimizeinvestmentportfolioallocationtoalignwithriskappetiteandreturnexpectations.
- Monitorperformanceofexternalassetmanagersandensurecompliancewithinvestment guidelines.
- Assessalternativeinvestmentopportunitiesforexcesscashreserves.
- Implementrisk-adjustedperformanceanalyticstoevaluateportfolioreturns.
- Managecollateralizedlendingarrangementsensuringadequateliquiditybuffers.
- Lead periodic evaluations to ensure adequacy of investment broker or initiate replacement.
FinancialCompliance&Governance
- Developagovernanceframeworkfortreasuryriskmanagementandpolicycompliance.
- Leadeffortsinensuringfullcompliancewithbankingregulationsfinancialreportingandaudit requirements.
- Conductperiodicstresstestingoffinancialpositionstoprepareforeconomicdownturns.
- Enhancetransparencyintreasuryactivitiesbyimplementinginternalcontrolsandauditprocesses.
- Serveasakeyadvisoronfinancialcomplianceandriskmitigationtoexecutiveleadership.
- Review covenants and credit rating and support forecasting of major trends.
TreasuryTechnology&Innovation
- Spearheadautomationinitiativestoimprovetreasuryefficiencyandreportingaccuracy.
- Evaluateandimplementtreasurymanagementsystems(TMS)forenhanceddataanalytics.
- LeverageAI-drivenforecastingmodelsforcashflowandliquiditymanagement.
- Streamline reconciliation processes through digitization and advanced analytics.
Leadership&OrganizationalAlignment
- Serveasathoughtleaderonfinancialmarketsliquiditystrategiesandcorporatefinancetrends especially around CDFIs.
- Developcross-functionalpartnershipstoaligntreasurygoalswithbusinessobjectives.
- Providestrategicinsightstotheexecutiveteamonmacroeconomictrendsandfinancialimpacts.
- Mentoranddeveloptreasuryprofessionalsfosteringahigh-performanceculture.
Candidate Profile
LIIF is seeking a strategic leader to build on the successes of the current finance organization. The successful candidatewillhaveablendoftechnicalexpertiseand knowledge in a clear collaborative manner that supports organizational decision-making. They will be highly collegial and will nurture a strong culture including retention motivation and development of a top performing team. Drawing from a range of professional experiences the Vice President Finance will be adept at successfully working in fast- paced environments and building partnerships.
The successful candidate should bring a track record in corporate finance capital markets and liquidity risk they should bring strong knowledge of financial modeling risk analytics and scenario managingandnegotiatingwithcreditratingagencies;proficiencyintreasury technology and AI-driven forecasting tools.
Aminimum of 10years of provenexperience in economicsmarkets and/orarelevantfinancialfield is required. The successfulcandidateshouldhaveaneducationalbackgroundinfinanceaccountingorbusinessadministrationand an MBA and/or relevant certification is highly desirable.
Intermsoftheperformanceandpersonalcompetenciesrequiredforthepositionwewouldhighlightthe following:
SettingStrategy
- Anadvisoryorientation;theabilitytoinfluenceexecutivedecisionsthroughdata-drivenfinancialinsights
- Theabilitytoclearlyarticulateandbuildbuy-inforambitiousstrategies
- Creativityandresourcefulnessduringtimesofchange; anabilitytothriveinfast-pacedenvironments
- A risk-taker who seeks data and input from others to foresee possible threats or unintended circumstances from decisions; someone who balances pragmatism with innovation
InfluenceandRelationshipBuilding
- Anapproachofservantleadership;afocusonlisteningpartnershipandelevatingtheworkofothers
- Provensuccessforgingandmaintainingmutuallyproductiverelationshipswithotherinstitutionsand/or individuals to further organizational impact
- ThenecessaryskillstoserveasanambassadorforLIIFacrossawidearrayofsettings
- A high degree of emotional intelligence and an ability to communicate clearly and persuasively
ExecutingforResults
- Theabilitytosetclearandchallenginggoalswhilecommittingtheorganizationtoimprovedperformance; tenacious and accountable in driving results
- Comfortablewithambiguityanduncertainty;theabilitytoadaptandleadothersthroughcomplexsituations
- A leader who is viewed by others as having a high degree of integrity and forethought in their approach to makingdecisions;theabilitytoactinatransparentandconsistentmannerwhilealwaystakingintoaccount what is best for the organization
- The ability to develop strong implementation plans and to execute strategies effectively
TeamLeadership
- Ademonstratedabilitytoretainempowerrecruit anddeveloptoptalentwhilenurturingastrong organizational culture; widely regarded as a developer of others
- Anattitudeofself-reflection;anopennesstofeedbackandorientationtowardsleadingbyexample
- Theabilitytodelegateeffectivelyandensureproperallocationofresourcestoaccomplishloftygoals
- Proven experience effectively leading a team of relevant scope and scale
Mission-AlignmentandPersonalCharacteristics
- FluencyinFP&Aand/orTreasurycombinedwithastrongmissionorientation/beliefinthepowerofLIIFswork
- AnunderstandingofexternalfactorsfacingCDFIsandrelatedorganizationsthecuriositytoengagein conversations around the future of the field
- Warmthcollegialityhumilityandahighdegreeofemotionalintelligence
- Aself-starterwiththeabilitytothriveinafast-pacedenvironment
Contactand Compensation
to be in the range of approximately $190-220K. That said the final salary and total compensation of the candidate selected for this role will take into consideration various factors including but not limited to scope of role level of experience stature in the industry professional accomplishments internal equity the organizations budget and will besubjecttoFair LIIFs standard benefit package. Additional details regarding benefits are available upon request. The approximated range listed is a good faith determination of potential base compensation as a component of the total compensation for the role at the time of this job advertisement and may be modified in the future.
Russell Reynolds Associates has been exclusively retained for this search and prospective candidates are invited to contact Russell Reynolds Associates directly at Applicants should include a resume and brief expression of interest. All inquiries and discussions will be considered strictly confidential.
OliviaStam
RussellReynoldsAssociates 2001 K St NW Suite 300
WashingtonDC20006
T:
JamieHechinger
RussellReynoldsAssociates 2001 K St NW Suite 300
WashingtonDC20006
T:
Bea Constable
Russell Reynolds Associates OnePostOfficeSquareSuite 4000 Boston MA 02109
T: