Frederick Fox

Assistant Vice President of FinancePosition OverviewThe Assistant Vice President of Finance provides strategic leadership and oversight of an organization's financial and accounting operations, ensuring sound financial management, regulatory compliance, and long-term fiscal sustainability. Reporting to senior executive leadership, this role oversees financial reporting, accounting, budgeting, investments, treasury functions, audits, compliance, and fund administration.The Assistant Vice President works closely with executive leadership, governing boards, finance committees, auditors, investment managers, and external stakeholders to support financial strategy, maintain strong internal controls, and ensure responsible stewardship of organizational resources. The ideal candidate brings extensive financial management experience, strong technical accounting expertise, and proven leadership capabilities, preferably within nonprofit, foundation, higher education, or healthcare environments.Key Responsibilities<ul style="margin:0px;padding-left:40px;">
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">
Financial Leadership and Strategy: Lead all financial and accounting operations while advising executive leadership on financial strategy, fiscal sustainability, risk management, budgeting, and operational effectiveness.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">
Financial Planning and Budgeting: Develop, implement, and oversee annual operating budgets, monitor financial performance, analyze budget variances, and provide recommendations to support organizational objectives.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">
Accounting and Financial Reporting: Direct accounting activities, including revenue, gifts, pledges, investments, endowments, trusts, and operating transactions. Ensure accurate and timely monthly, quarterly, and annual financial reporting.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">
General Ledger and Reconciliation: Review and approve journal entries, investment reconciliations, balance sheet accounts, financial analyses, and month-end and year-end closing activities.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">
Fund and Endowment Administration: Oversee the accounting and administration of endowed, restricted, and unrestricted funds. Ensure distributions and spending calculations comply with donor restrictions, established policies, and organizational requirements.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">
Financial Systems Management: Oversee the administration, accuracy, and integrity of financial management systems while identifying opportunities to improve reporting capabilities, processes, and operational efficiency.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">
Board and Committee Support: Serve as Assistant Treasurer to the organization's governing board and provide financial leadership and support to finance and investment committees. Prepare and present financial reports, investment analyses, forecasts, and recommendations.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">
Investment and Treasury Management: Coordinate with investment consultants, financial institutions, custodians, and external advisors. Monitor investment liquidity, cash flow requirements, and financial resources to support organizational operations and distributions.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">
Audit and Regulatory Compliance: Direct annual external audits, serve as the primary liaison with auditors, and oversee the preparation of financial statements, audit schedules, and supporting documentation. Coordinate tax filings, including IRS Form 990, and other regulatory submissions.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">
Risk Management and Internal Controls: Establish, implement, and periodically evaluate financial policies, internal controls, insurance programs, and compliance procedures to mitigate financial and operational risks.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">
Regulatory and Accounting Standards: Ensure compliance with Generally Accepted Accounting Principles (GAAP), nonprofit accounting requirements, applicable federal and state regulations, donor restrictions, and organizational policies.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">
Personnel Leadership and Development: Supervise accounting and finance personnel, establish performance expectations, conduct evaluations, and provide coaching and professional development opportunities.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">
Executive and Organizational Collaboration: Serve as a member of the organization's leadership team, contributing to strategic planning, financial initiatives, and cross-functional projects.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">
Special Projects: Lead or support financial projects and other responsibilities as assigned by executive leadership.</li>
</ul>Qualifications and Core Competencies<ul style="margin:0px;padding-left:40px;">
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Bachelor's degree in Accounting, Finance, Business Administration, or a related field.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">7+ years of progressively responsible experience in accounting, finance, or financial management.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Demonstrated experience overseeing financial reporting, budgeting, audits, investments, treasury functions, and regulatory compliance.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Proven experience managing and developing professional accounting or finance personnel.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Previous experience within nonprofit organizations, foundations, higher education, healthcare, or similarly complex environments is preferred.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Extensive knowledge of GAAP, nonprofit accounting principles, financial reporting, internal controls, and audit procedures.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Strong understanding of endowment accounting, investment reporting, donor-restricted funds, and fiduciary responsibilities.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Ability to analyze complex financial information and translate findings into strategic recommendations for executive leadership and governing boards.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Excellent leadership, organizational, project management, and problem-solving skills.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Advanced proficiency in Microsoft Excel and financial management systems.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Strong written, verbal, and presentation skills, with the ability to communicate effectively with executives, board members, auditors, and external stakeholders.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Ability to exercise sound judgment, maintain confidentiality, and manage multiple priorities in a dynamic environment.</li>
</ul>Preferred Qualifications<ul style="margin:0px;padding-left:40px;">
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Certified Public Accountant (CPA) designation strongly preferred.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Master's degree in Accounting, Finance, Business Administration, Public Administration, or a related field preferred.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Experience with nonprofit accounting, foundation financial operations, endowment management, and donor-restricted funds.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Previous experience supporting governing boards, finance committees, and investment committees.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Familiarity with nonprofit financial management platforms and systems, including Financial Edge, is a plus.</li>
</ul>

Assistant Vice President of Finance

Position Overview

The Assistant Vice President of Finance provides strategic
leadership and oversight of an organization's financial and
accounting operations, ensuring sound financial management,
regulatory compliance, and long-term fiscal sustainability.
Reporting to senior executive leadership, this role oversees
financial reporting, accounting, budgeting, investments, treasury
functions, audits, compliance, and fund administration.

The Assistant Vice President works closely with executive
leadership, governing boards, finance committees, auditors,
investment managers, and external stakeholders to support
financial strategy, maintain strong internal controls, and ensure
responsible stewardship of organizational resources. The ideal
candidate brings extensive financial management experience,
strong technical accounting expertise, and proven leadership
capabilities, preferably within nonprofit, foundation, higher
education, or healthcare environments.

Key Responsibilities

* Financial Leadership and Strategy: Lead all financial and
accounting operations while advising executive leadership on
financial strategy, fiscal sustainability, risk management,
budgeting, and operational effectiveness.
* Financial Planning and Budgeting: Develop, implement, and
oversee annual operating budgets, monitor financial performance,
analyze budget variances, and provide recommendations to support
organizational objectives.
* Accounting and Financial Reporting: Direct accounting
activities, including revenue, gifts, pledges, investments,
endowments, trusts, and operating transactions. Ensure accurate
and timely monthly, quarterly, and annual financial reporting.
* General Ledger and Reconciliation: Review and approve journal
entries, investment reconciliations, balance sheet accounts,
financial analyses, and month-end and year-end closing
activities.
* Fund and Endowment Administration: Oversee the accounting and
administration of endowed, restricted, and unrestricted funds.
Ensure distributions and spending calculations comply with donor
restrictions, established policies, and organizational
requirements.
* Financial Systems Management: Oversee the administration,
accuracy, and integrity of financial management systems while
identifying opportunities to improve reporting capabilities,
processes, and operational efficiency.
* Board and Committee Support: Serve as Assistant Treasurer to
the organization's governing board and provide financial
leadership and support to finance and investment committees.
Prepare and present financial reports, investment analyses,
forecasts, and recommendations.
* Investment and Treasury Management: Coordinate with investment
consultants, financial institutions, custodians, and external
advisors. Monitor investment liquidity, cash flow requirements,
and financial resources to support organizational operations and
distributions.
* Audit and Regulatory Compliance: Direct annual external audits,
serve as the primary liaison with auditors, and oversee the
preparation of financial statements, audit schedules, and
supporting documentation. Coordinate tax filings, including IRS
Form 990, and other regulatory submissions.
* Risk Management and Internal Controls: Establish, implement,
and periodically evaluate financial policies, internal controls,
insurance programs, and compliance procedures to mitigate
financial and operational risks.
* Regulatory and Accounting Standards: Ensure compliance with
Generally Accepted Accounting Principles (GAAP), nonprofit
accounting requirements, applicable federal and state
regulations, donor restrictions, and organizational policies.
* Personnel Leadership and Development: Supervise accounting and
finance personnel, establish performance expectations, conduct
evaluations, and provide coaching and professional development
opportunities.
* Executive and Organizational Collaboration: Serve as a member
of the organization's leadership team, contributing to strategic
planning, financial initiatives, and cross-functional projects.
* Special Projects: Lead or support financial projects and other
responsibilities as assigned by executive leadership.
Qualifications and Core Competencies

* Bachelor's degree in Accounting, Finance, Business
Administration, or a related field.
* 7+ years of progressively responsible experience in accounting,
finance, or financial management.
* Demonstrated experience overseeing financial reporting,
budgeting, audits, investments, treasury functions, and
regulatory compliance.
* Proven experience managing and developing professional
accounting or finance personnel.
* Previous experience within nonprofit organizations,
foundations, higher education, healthcare, or similarly complex
environments is preferred.
* Extensive knowledge of GAAP, nonprofit accounting principles,
financial reporting, internal controls, and audit procedures.
* Strong understanding of endowment accounting, investment
reporting, donor-restricted funds, and fiduciary
responsibilities.
* Ability to analyze complex financial information and translate
findings into strategic recommendations for executive leadership
and governing boards.
* Excellent leadership, organizational, project management, and
problem-solving skills.
* Advanced proficiency in Microsoft Excel and financial
management systems.
* Strong written, verbal, and presentation skills, with the
ability to communicate effectively with executives, board
members, auditors, and external stakeholders.
* Ability to exercise sound judgment, maintain confidentiality,
and manage multiple priorities in a dynamic environment.
Preferred Qualifications

* Certified Public Accountant (CPA) designation strongly
preferred.
* Master's degree in Accounting, Finance, Business
Administration, Public Administration, or a related field
preferred.
* Experience with nonprofit accounting, foundation financial
operations, endowment management, and donor-restricted funds.
* Previous experience supporting governing boards, finance
committees, and investment committees.
* Familiarity with nonprofit financial management platforms and
systems, including Financial Edge, is a plus.

Assistant Vice President

About the role

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