Vice President of Business Services & CFO

The Vice President of Business Services & Chief Financial Officer serves as the senior executive responsible for the management of all financial activities of the organization. This role is responsible for overseeing cash flow planning; preparing and reviewing budgets; creating forecasting models; and, tracking operational metrics (KPIs.) The Vice President of Business Services & Chief Financial Officer also works under the direction of the Chief Executive Officer to prepare accurate financial documents for review by the Board of Directors.

Job Duties

Manage and prepare all monthly, quarterly and annual financial documents including budget, projections and analysis of actual results. Provide analysis and recommendations to the finance committee and the full board of directors, as appropriate and under the direction of the Chief Executive Officer. Prepare and analyze all financial statements including Income Statement, Balance Sheet and Cash Flow. Ensure accounting procedures and practices are in accordance to Generally Accepted Accounting Principles. Ensure appropriate financial policies and procedures are available and accessible to all employees. Ensure all necessary schedules and reporting requirements for audits are accurate and complete. Work directly with the external auditor regarding audit, IRS (990) and State filing. Work with all departments to provide budget management assistance. This includes leading the planning activities with the OLC Executive Team. Manage all cash transactions including financial investments. Prepare all documents required to seek loans or other sources of funding, as appropriate. Prepare financial and summary documents for funding sources. Present monthly, quarterly and annual financial statements to executives and board of directors. This includes providing monthly forecasting to the CEO’s Cabinet. Inform key stakeholders of financial status and investment plans Establish and maintain appropriate internal control safeguards. Manage accounting and purchasing functions of OLC ensuring policies and procedures are followed and updated as needed. Evaluate all contracts and memorandums of agreement for compliance. Supervise finance team. Responsible for all areas of payroll and 401k program.  Negotiate and obtain necessary insurance policies (general liability, directors and officers, event cancellation, etc.) for OLC and ensure all policies are current. Analyze product and service areas using cost accounting methodology, review pricing and feasibility, make change recommendations as needed. Provide ROI analysis and make recommendations for all new/proposed large scale initiatives. Assistant Treasurer of the OLC Board of Directors and Member of the Finance Committee.

Minimum Qualifications

Master’s degree in Accounting or MBA with a concentration in Accounting or Finance. 7-10 years experience in accounting, preferably as a controller or CFO Knowledge of data analysis, risk management and forecasting methods Hands-on experience with accounting and financial management software Expertise in MS Excel Analytical skills Ability to explain financial terms in simple language Excellent time management skills A successful track record in setting priorities; keen analytic, organization and problem solving skills which support and enable sound decision making Excellent communication and relationship building skills with an ability to prioritize, negotiate, and work with a variety of internal and external stakeholders A multi-tasker with the ability to wear many hats in a fast-paced environment

Preferred Qualifications

Prior experience in a non-profit or higher education  CPA (Certified Public Accountant) designation Experience with grant financial management
• Familiarity or experience with the goals and mission of the Online Learning Consortium 

Timeline and Application Information

Application Closing Date: April 22, 2021

Start Date: June 1, 2021

Required Application Materials

• Cover letter
• Resume
  
• Diversity Statement
   Please include a brief statement (no more than 500 words) addressing your past and/or potential contributions to diversity, equity, and inclusion through service, leadership, teaching, research, and other professional activities.