VP, Finance (Remote)

Full Time
Remote
Posted
Job description

About Benetech

Benetech is a nonprofit dedicated to reducing social and economic inequity in partnership with the communities we serve through software for social good. Our initiatives are transforming how students, jobseekers, and older adults across the globe read, learn, and work. We believe that access to information is a human right, and no person should encounter barriers to education, literacy, or employment due to differences or ability. Through our Bookshare initiative, the world’s largest online service for accessible ebooks and materials, we’ve delivered over 20 million ebooks to nearly 1,000,000 people across 94 countries. To learn more, visit us at https://benetech.org/.


Founded over two decades ago, a current budget of $13 million, and an 80-person domestic and global team, we are dedicated to Benetech’s truths: https://benetech.org/about/our-truths/

Attracting Candidates From All Backgrounds

Our Benetech team reflects the diversity of the people we impact. We hire great people from a wide variety of backgrounds, including members of historically marginalized or oppressed communities because it makes our organization stronger.


Research shows that individuals only apply to jobs if they meet all of the qualifications. We know there are great candidates who might not check all of the boxes and possess important skills we haven’t thought of. If that’s you, apply and tell us about yourself.

The Opportunity

The Vice President is responsible for all financial reporting and planning of the organization and managing finance staff. We are seeking a special finance leader who is highly motivated to help us make a positive social impact and enjoys a continually evolving, fast-paced environment.


You will join a seasoned Finance team, reporting to the CEO and operating in a new Finance systems environment that has recently gone through a transformation. This will be a remote position.

Key Responsibilities

This is a very hands-on role, but the variety is great and scales from the basics to key finance disclosures. We receive major Federal grants and strong government accounting experience is a must.


Budgeting, Finance, and Accounting

  • Oversee and lead annual budgeting process in conjunction with the Program and Department managers. Administer and review all department financial plans and budgets; monitor progress and changes; and keep leadership abreast of the organization’s financial status.
  • Develop and monitor budgets for government and non-government contracts and grants.
  • Prepare annual indirect rate submission to Department of Education. Maintain fiscal compliance with all government and private funding sources as well as local, state, and federal agencies.
  • Oversee regular reporting to appropriate staff on the financial status of all restricted grants. Coordinate with appropriate staff to ensure that all grant-reporting is accurate, complete and submitted on time.
  • Ensure financial management system, finance-related policies and processes include all appropriate controls to maintain the fiscal integrity of the organization.
  • Lead the annual financial audit process and tax preparation. Manage year end closing, pre-audit reconciliations, and audit field work. Review audit reports and annual tax returns.


Administration

  • Supervise Finance team who have responsibility for all transaction processing, bank reconciliations, and reporting.
  • Supervise semi-monthly payroll for exempt and non-exempt employees and bi-weekly payroll for non-exempt employees in a multi-state environment (both semi-monthly for exempt and non-exempt.
  • Represents Finance in senior leadership meetings. Present financial matters to Board, Audit and Finance Committees. Work with Committee members on recommendations and approvals.
  • Ensure all periodic national, state and local filings are completed (e.g., annual tax filings, workers' compensation and unemployment and insurance filings, tax exemption filings, non-profit and fundraising registrations).

Qualifications and Core Competencies

The ideal candidate will be passionate about the mission of Benetech and have at least 10 years of professional experience:

  • Experience with nonprofit financial reporting and audit coordination
  • Ability to translate financial concepts to, train, support, and collaborate with programmatic and fundraising colleagues without finance backgrounds.
  • Knowledge of and ability to apply 2 CFR 200 Uniform Guidance regulations to specific grants. Familiarity with direct and indirect costs, assessing these costs, and preparing indirect cost rate calculations.
  • A successful track record in setting priorities; keen analytic, organization and problem-solving skills that support and enable sound decision-making.
  • Supervisory experience required
  • Excellent communication and relationship building skills with an ability to prioritize, negotiate, and work with a variety of internal and external stakeholders.
  • Team player, creative problem-solver, entrepreneurial spirit, genuine passion for Benetech’s mission.
  • Operations and systems savvy: continuous improvement mindset to maximize efficiencies in our Intacct and Paycom environment. You will be the lead Intacct Sage administrator.
  • Commitment to diversity, equity and inclusion, as well as a high level of cultural competence.

Travel Obligations

Travel for this position may be up to 5%.

Physical Demands and Working Environment:

The bullet points below are representative of the physical demands and working environment that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made for individuals with disabilities to perform the essential job functions.

  • Standard / Remote office setting; proximity to office equipment that includes electronic devices.

  • Must remain at a workstation for at least 50% of the time; will need to use equipment that includes electronic devices.

  • Perceive and interact with text, media, and people.

  • Communicate and accurately exchange information with text, media, and people.

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