City Fund
Vice President of Finance
Beaverton, Oregon, United States · Exec · Full-time
Sponsorship not specifiedDetected 9 days ago
Financial AnalysisAccountingBudgetingAuditingLeadershipCommunicationProblem SolvingPublic SpeakingAdaptabilityOrganizational SkillsGAAPFinancial ReportingInternal Audit
About the role
- WHAT WE DO In the United States, too few students can access effective, high-performing public schools.
- You are equally comfortable setting our investment strategy and rolling up your sleeves to do the detailed day-to-day work.
- This role calls for someone who can both think big and execute in the details.
Responsibilities
- We support 18 cities across the country and hope to eventually reach most American cities.
- Familiarity with (or ability to quickly develop expertise in) grants management operations, including grantmaking compliance, grants management systems, and the intersection of grants and finance workflows.
- Strong analytical and problem-solving skills, with the ability to translate complex financial information for diverse audiences including the Board, partners, and senior leaders.
- Excellent organizational skills and attention to detail, paired with the ability to manage competing priorities and drive work forward in a lean, high-functioning team.
- A service-oriented approach to finance leadership, building the infrastructure, reporting, and tools that allow senior leaders and partners to make strategic decisions with confidence, rather than positioning yourself as the primary strategic decision-maker.
Requirements
- Deep knowledge of nonprofit finance and accounting best practices, including multi-entity (c3/c4/527) structures, GAAP, and compliance frameworks.
- Willingness and ability to think big and engage in the details across the finance and grants and contracts verticals.
Nice to have
- Proficiency with modern financial systems (Sage Intacct strongly preferred) and comfort adopting new technology to improve organizational effectiveness.
Skills
- As Vice President, Finance, you will report to the
- COO & General Counsel and be responsible for the following:
- Ensure accuracy and compliance across the financial treatment of our 501(c)(3), 501(c)(4) and 527 entities.
- Present regular financial reports to multiple audiences with clarity and appropriate context.
- Oversee Form 990 compliance and filing for all three entities.
- Ensure budget tracking and accounting for the 501(c)(3), 501(c)(4) and 527 are accurate and compliant with applicable tax laws.
- Support department leads in budget planning and management.
- ACCOUNTS RECEIVABLES AND PAYABLES Ensure timely receipt and tracking of contributions and payment of liabilities.
- Ensure grant and contract payments are within budget and tracked in compliance with generally accepted accounting principles (GAAP).
Compensation
- The salary for this role is $290,700.
- Because we deeply value internal pay equity, City Fund does not currently differentiate starting salary offers based on years of experience, degree level, or employee geographic location.
Benefits
- At City Fund, we work to increase educational opportunities for students and families by partnering with city and state leaders to create innovative public school systems.
- City Fund provides financial support and expertise to local leaders seeking to improve educational opportunities in their cities.
- Experience leading and developing teams, with a management style that sets clear expectations, provides meaningful feedback, and fosters a culture of accountability and continuous learning.
- A belief in educational equity, innovative school models, and the power of parents to choose schools that work best for their children.
- As we make decisions about total rewards, we will be guided by the following values: highly competitive pay, equitable pay, clarity, and transparency.
- City Fund offers a competitive total rewards package.
- For full-time roles, this includes 100% employer-paid health insurance, flexible PTO, 5% 401K match, 6 months of paid parental leave, and a host of other benefits.
Company info
- In the United States, too few students can access effective, high-performing public schools.
- We believe that public schools do best when educators have the power to make decisions that meet the diverse needs of their students, families are provided the information and access to choose the best schools for their children, and schools are held accountable for helping all students succeed.
- We focus on supporting: High quality, innovative K-12 schools with nonprofit governing structures and diverse leadership City leaders, including civic leaders and nonprofits that are working to build innovative public education systems Advocacy organizations that build the political power of families to shape education in ways that work for them WHAT YOU WILL DO As Vice President, Finance, you are responsible for the financial operations, compliance, and reporting of City Fund, City Fund Action, and City Fund Action Political Fund.
- You will manage the full arc of our financial function, from day-to-day accounting and grants management to long-range financial planning and board reporting.
- You will lead a team that spans finance and grants & contracts, serving as the operational engine behind City Fund's financial function and equipping senior leadership and partners with the analysis, tools, and processes they need to make sound strategic decisions.
- You will drive the continued maturation of our financial systems and infrastructure as the organization grows in scope, size, and complexity.
- As Vice President, Finance, you will report to the COO & General Counsel and be responsible for the following: FINANCIAL ADMINISTRATION, COMPLIANCE AND OVERSIGHT Translate organizational priorities into financial plans and operational infrastructure, ensuring senior leadership and partners have accurate, timely information to guide strategic decisions.
- Define and track key financial performance indicators, reporting results to the leadership team and Board.
- Manage a banking and investment strategy to maximize commercially reasonable returns to the organization, while ensuring compliance with tax laws.
- Lead the Finance vertical and manage the accounting team setting expectations, supporting growth, and ensuring strong execution against annual goals and service level agreements.
- Together with the Impact team and partners, develop and manage a financial model to evaluate returns on city and state investments.
- MONTHLY CLOSE AND FINANCIAL REPORTING Own and manage the monthly close process, ensuring accuracy and timeliness.
- Develop and maintain reporting frameworks for City Fund, City Fund Action and City Fund Action Political Fund audiences, including their boards of directors, senior leadership, partners and department budget leads.
- ANNUAL BUDGET PLANNING AND ACCOUNTING Lead the annual budget planning cycle, ensuring department leads and partners have the models, templates, and guidance needed to own their budget decisions.
- Manage cash flow, monthly close, and data integrity within financial systems.
- Ensure budget alignment with the grants management system (Fluxx) for approval purposes, in close coordination with the Grants & Contracts function.
- Maintain a multi-year forecast of contributions and grant/contract obligations in Sage, in partnership with the Development and Grants & Contracts teams.
- GRANTS & CONTRACTS OVERSIGHT Provide strategic leadership and oversight to the Grants & Contracts function, including management of the Grants & Contracts Systems Administrator.
Equal opportunity
- City Fund is an equal opportunity employer.
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