Vice President of Finance

ABOUT VERNER

For over 20 years, Verner Center for Early Learning has been a leader in more ways than one: our commitment to developing the youngest among us, our thorough support for families and communities, and our investment in the development of educators. Verner’s centers provide a supportive, inclusive work environment, with a strong emphasis on one-on-one mentorship. Verner staff are expected to foster the inclusive, play-based, interactive and reflective learning atmosphere that families have come to expect of us. Our unique benefits package includes tuition assistance, paid training, and comprehensive mental health support.

JOB DESCRIPTION

The VP of Finance is responsible for the fiscal operations of the organization. The VP oversees the finance, accounting, reporting, and budgeting of the organization. Financial audits and cash management are also part of the VP’s responsibility. The VP of Finance reports to the President and CEO, is the liaison for the governing bodies, and is part of the Verner Senior Leadership Team.

RESPONSIBILITIES

• Accounting
• Maintain the Chart of Accounts

Reporting

• Prepare monthly financial statements for governing bodies and management
• Comply with all federal and state reporting requirements
• Report on restricted and endowment funds as needed
• Present and explain financial statements to governing bodies as requested

Budgeting

• Prepare the EHS grant application budget sections
• Prepare the annual organizational budget in collaboration with appropriate personnel
• Revise budgets as needed
• Enter budget data into Abila MIP and show on monthly reports

Supervision

• Supervise the Business and Financial Services Coordinator and any other accounting personnel
• Coordinate work with staff responsible for payroll and benefits

Cash Management

• Draw EHS funds in a timely manner
• Oversee recording of cash receipts
• Maintain documentation of all cash transactions
• Reconcile all bank statements and investment accounts

Accounts Receivable

• Monitor Accounts Receivable from grants and contracts

Non-Federal Share (NFS) of EHS Grants

• Oversee gathering of data to support “in-kind” and NFS income
• Continually explore additional ways of generating NFS income
• Ensure maintenance of complete and accurate records supporting this income

Fixed Assets

• Maintain complete and accurate fixed asset records including identification of those assets purchased with federal funds
• Maintain depreciation schedule and record expense
• Keep files of leases and contracts
• Oversee recording of inventories

Purchasing and Accounts Payable

• Assure compliance with EHS regulations
• Review authorization process
• Maintain appropriate cost allocation policies

Audits

• Prepare for the annual financial audit
• Work with auditors and the Audit Committee
• Review and interpret audit results as requested
• Prepare for and participate in all grant monitoring reviews

Other Duties

• Work with a Diversity, Equity, Inclusion, and Belonging (DEIB) lens in all aspects of the role.
• Perform other duties as assigned.
• Oversee the appropriate allocation of costs
• Assure timely and correct recording of invoices and preparation of checks
• Enter journal entries as necessary
• Protect the integrity of restricted and endowment funds
• Prepare year-end accruals and closing entries

QUALIFICATIONS

• Required: Bachelor's degree in accounting, business, fiscal management, or a related field
• Preferred: CPA
• Required: Strong written, oral, organizational, and analytical skills and the ability to work under pressure and meet continuous deadlines
• Preferred: 5 years or more accounting experience in financial management for a non-profit organization
• Preferred: Federal/State grant budgeting experience
• Preferred: Fund accounting experience with multiple funding sources
• Preferred: Solid computer and accounting software skills with a working knowledge of MIP/Albia and Excel

**The position is open until filled. Applications received by January 3, 2025 will be given priority consideration.

**Please submit a cover letter along with your resume.

Verner Center for Early Learning is an Equal Opportunity Employer.

All Verner centers embrace DEIB (Diversity, Equity, Inclusion and Belonging) as organizing principles to foster safe and inclusive workplaces.