Associate Vice President of Finance
MATERNITY CARE COALITION INC
•Posted 1 day agoJob Overview
Job Description
Organizational Summary
Maternity Care Coalition (MCC) is a community-based nonprofit organization serving Pennsylvania and Delaware with over four decades of commitment to improving maternal and child health and early care and education. MCC’s mission is to improve the health and well-being of pregnant women and parenting families and enhance school readiness for children ages 0-3. We achieve this through direct service, advocacy, and research, in collaboration with individuals, families, providers, and communities. We envision a future where parents impacted by racial and social inequities can birth with dignity, parent with autonomy, and raise babies who are healthy, growing, and thriving.
Position Summary
The Associate Vice President of Finance (AVP of Finance), plays a critical role in safeguarding the financial health and sustainability of MCC. Working in close partnership with the Executive Vice President of Programs and Operations (EVP), the AVP collaborates with executive and senior leadership to provide strategic financial guidance. The AVP exercises strategic financial judgment and provides recommendations in close partnership with the EVP and the President and CEO. This role does not operate independently, but supports executive decision making related to budgeting, audit oversight, financial risk management, and Board communications.
This position oversees financial and accounting operations, including budgeting, reporting, and compliance, and serves as a key liaison to the Finance Committee and Board of Directors. The AVP is responsible for providing timely updates to the Executive Team, ensuring full transparency related to agency financials.
Working closely with the Finance Committee, Board of Directors, Executive Committee, and Early Head Start (EHS) Board Committee, the AVP of Finance contributes to strategic planning, fiscal management, and operational oversight. Additionally, this role supervises Finance and Accounting department leadership and collaborates with the Leadership Team to support the effective execution of internal and external operations.
Core Functional Responsibilities
Financial Accounting and Reporting
- Provides leadership in the development of the evaluation of short and long-term strategic financial objectives.
- Provides executive management with advice on the financial implications of agency activities.
- Ensures credibility of Finance Team by providing timely and accurate analysis of budgets, financial trends, and forecasts.
- Leads the development of the annual budget in partnership with the Executive Vice President and Executive Team and provides analysis and recommendations to support final approval by the President and CEO and Board of Directors.
- Exercises independent judgment in developing budget assumptions, financial scenarios, and recommendations, with authority to approve budget adjustments up to thresholds established by the Executive Vice President.
- Manages and coordinates the annual independent audit, 990, and BCO filings in partnership with the Executive Vice President, serving as a primary staff liaison to auditors and supporting executive and Board review.
- Provides financial stewardship, compliance oversight, and reporting for federal, state, and city contracts, grants, and awards, ensuring timely, accurate submissions and escalation of material issues to executive leadership.
- Ensures that effective internal controls are in place and ensures compliance with GAAP and applicable federal, state, and local regulatory laws and rules for financial and tax reporting.
- Prepares and distributes regular financial reports to department leaders, highlighting spending trends, variances, and areas of concern.
- Ensures optimal use of financial and accounting data systems and collaborates with other departments to share data.
- Ensures all final financial decisions with agency-wide impact are made in accordance with MCC’s executive authority structure and Board governance policies.
- Applies independent judgment and discretion on matters of financial significance, including financial risk assessment, forecasting, compliance interpretation, and escalation of material issues to executive leadership.
- Ensures proper maintenance of financial records and documents and supports compliance with federal, state, and local laws and regulations.
Management Duties
- Provides financial leadership and strategic support in partnership with the Executive Vice President and executive leadership team.
- Supports the Finance Committee alongside the Treasurer, who also chairs the Committee.
- Participates in the Board of Directors, Executive and Early Head Start (EHS) Board committees.
- Partners with the EHS Fiscal Officer.
- Liaison to auditors, financial consultants, and suppliers.
- Directly supervises Finance department managers and senior staff, including responsibility for performance management, work direction, and professional development.
Qualifications
Education
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field is required.
- CPA (Certified Public Accountant), CMA (Certified Management Accountant), or MBA in Finance is strongly preferred.
Experience
- Minimum of 8-10 years progressive experience in finance and or accounting positions with at least 3 in a leadership role.
- Proven experience preparing and overseeing financial statements, developing complex multi program budgets, and conducting dynamic financial forecasting and modeling.
- Demonstrated expertise in non-profit financial management, including fund accounting; the compliance and reporting requirements pertaining to government grants, especially federal; IRS Form 990 preparation; and the preparation of audited financial statements in accordance with GAAP.
- Experience working with board of directors and executive leadership teams to inform strategic decision-making.
- Ability to collaborate with external agencies, volunteer advisors, funders and strategic partners.
- Demonstrated experience in financial scenario planning to assess potential risks and opportunities and inform strategic decision-making.
- Ability to develop and present solutions related to funding for positions, including cost analysis, sustainability planning, and alignment with organizational priorities.
Knowledge, Skills & Abilities
- Demonstrates a highly analytical mindset, thrives in complex environments, and excels at developing tools and strategies to drive clarity and informed decision-making. Excellent analytical, problem-solving, and decision-making skills, with a strategic mindset.
- Comprehensive knowledge of financial principles, accounting standards (e.g., GAAP), and applicable laws and regulations.
- Strong understanding of non-profit funding streams, including government grants, private contributions, and earned revenue.
- Proficiency in nonprofit financial management systems and tools such MIP, and advanced Microsoft Excel skills.
- Familiarity with financial audit processes and experience leading successful audits.
- Experience with financial software implementation or optimization projects is preferred.
- Demonstrated ability to ensure transparency in financial reporting and effectively communicate financial insights, risks, and opportunities to the executive leadership team to support strategic decision-making.
- Exceptional leadership and interpersonal skills, with a proven ability to manage and develop a high-performing finance and accounting team.
- Strong written and verbal communication skills, with the ability to present complex financial information clearly to diverse audiences.
- Demonstrated dedication to diversity, equity, inclusion, and belonging, aligned with MCC's mission and values.
- Strong commitment to MCC's mission, vision, and core values, focused on improving maternal and child health and well-being through collaboration with individuals, families, providers, and communities.
Leadership Competencies
The Associate Vice President of Finance is expected to model the following leadership competencies within the Finance function and as a member of the organizational leadership team, reflecting the values and priorities of MCC:
Strategic Leadership
- Visionary Leadership: Inspires and guides the organization toward long-term success by anticipating challenges and opportunities.
- Strategic Decision-Making: Utilizes critical thinking, data, and collaboration to make informed decisions and recommendations that align with organizational goals.
People Leadership
- Inspiring People: Motivates and empowers individuals to achieve their best while fostering a culture of inclusivity, respect, and shared purpose.
- Relationship Development: Builds and nurtures trust-based relationships with internal and external stakeholders, promoting collaboration and teamwork.
- Conflict Resolution: Addresses and navigates differing perspectives constructively to strengthen teams and achieve mutually beneficial outcomes.
Values-Driven Leadership
- Leading by Example: Models integrity, accountability, and alignment with MCC’s mission, values, and goals to inspire trust and confidence.
- Effective Communication: Conveys information clearly, concisely, and with sensitivity to diverse audiences, fostering understanding and engagement.
- Community-Centered Leadership: Engages with external stakeholders to strengthen partnerships and advance MCC’s mission.
Operational Excellence
- Driving Results: Delivers measurable outcomes through innovative solutions, accountability, and a focus on continuous improvement.
- Strength-Based Leadership: Leverages the talents and assets of individuals, teams, and communities to build capacity and drive success.
- Data-Driven Decision-Making: Integrates data and analytics into strategic planning and performance evaluation.
Other Position Factors
The other position factors described here are representative of those that must be met by an employee to successfully perform the essential tasks of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Maternity Care Coalition operates as a hybrid organization. The assigned work arrangement for this position may include a combination of remote and onsite work and will be determined based on operational needs, role responsibilities, and performance. Work arrangement expectations may be modified over time to meet organizational or programmatic requirements. Staff working remotely are responsible for maintaining a safe and appropriate workspace.
- Ability to engage in extended periods of sitting, computer work, and sustained concentration to complete financial analysis, reporting, and related tasks.
- Ability to occasionally bend, reach, lift, carry, push, or pull training materials or equipment, generally not exceeding 30 pounds.
- Possession of a valid driver’s license issued by the state of residence and the ability to successfully pass a motor vehicle record check, where driving is an essential function of the role.
- Ability to travel occasionally to attend conferences, seminars, and professional meetings.
- Ability to work non-traditional hours on an occasional basis based on operational needs.
- Employment is contingent upon the successful completion of required post-offer pre-employment background clearances, as well as any additional post-hire background, compliance, or programmatic clearances required by the organization, funders, or applicable regulations.
- This role supports compliance for regulated funding streams, including Early Head Start, through timely financial reporting, audit readiness, and escalation of material risks to executive leadership.
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