Vice President of Finance and Operations
The Greater New Orleans Foundation (www.gnof.org) has been a trusted philanthropic leader in the 13-parish Greater New Orleans region for nearly 100 years, bringing together passionate people from philanthropy, business, nonprofits, and government to strengthen our communities and address our region’s greatest challenges. With a mission to drive positive impact through philanthropy, leadership and action, the Greater New Orleans Foundation works to create a vibrant sustainable and just region for all.
As a community foundation, we manage assets in excess of $350 million comprised of over 900 charitable funds that have been established by individuals, businesses and organizations with a passion for charitable giving and a deep commitment to the Greater New Orleans region. We have ambitious plans to grow our assets to $500 million by the Foundation’s centennial anniversary in 2023. In addition to supporting the philanthropic aims of our fundholders, we manage our own discretionary grant-making, attract resources to initiate innovative philanthropic programs, and provide critical governance and management training through our nonprofit leadership and effectiveness program. As a civic leader, we bring together the people, ideas, and resources to address our region’s greatest challenges.
The Foundation is an inspiring, engaging, challenging, diverse, and dynamic environment for professional and personal growth. We pride ourselves on attracting high-quality staff members and investing in them to enhance their skills and talents while they contribute their unique capabilities and perspectives to help our organization best meet its goals and fulfill its mission. Our workplace environment nurtures a diverse team resulting in a broad base of staff knowledge, experience, and talent.
The Greater New Orleans Foundation is seeking a dynamic leader who is committed to community philanthropy and the Foundation’s core values of stewardship, responsiveness, innovation, collaboration, equity, and inclusion as its next Vice President of Finance and Operations.
The Vice President of Finance and Operations is an executive level position responsible for driving internal organizational priorities and ensuring the organization remains highly-effective and accountable in the areas of finance and operations.
The Vice President of Finance and Operations will actively seek opportunities for collaboration and cross-area work under the supervision of the President & CEO and in partnership with the President & CEO and other Foundation senior staff. This position is expected to have both: 1) a broad understanding of all areas in which the Foundation provides funding to ensure accurate and up-to-date maintenance of all Foundation financial records and 2) a process management orientation to support the President & CEO in ensuring that the Foundation operates as efficiently and effectively as possible.
The Vice President of Finance and Operations will maintain the financial and operational integrity of the Foundation by leading across a range of responsibilities, including financial planning and accounting, investment planning, budgeting, reporting, acceptance of complex gifts, HR, legal, IT,
facilities, and process management.
- Partners with the President & CEO and senior Foundation leadership to develop financial management strategies and to ensure all funds are administered and accounted for in the proper manner.
- Manages general accounting policies and procedures to ensure all Foundation transactions are accurately executed in accordance with Foundation policy and compliant with US GAAP and tax laws applying to nonprofit 501(c)3 public charities.
- Serves as primary contact for Foundation’s external audit firm.
- Works with the President & CEO and external advisors to ensure compliance, segregation of duties, and financial controls are in place.
- Defines and manages protocols and procedures to ensure appropriate response for all financial-related inquiries from fund holders, donors, grantees, outside audit firms, vendors, investment managers, trust officers, and board members.
- Partners with senior staff and other relevant team members to define and oversee the Foundation’s process for evaluating, accepting, valuing, and processing complex gifts including, but not limited to trusts, real estate, privately held business interests, and other alternative gifts.
- Ensures timely and accurate disbursement processes for grants, donor statements, and other externally-facing financial activities.
- Ensures the development of annual grant and operating budgets, manages financial processes organization-wide, and provides ongoing fiscal and budgetary management.
- Manages iterative development of the annual operating budget for recommendation to the Finance Committee and the Board of Directors in collaboration with the President & CEO, senior leadership.
- Leads the organization’s revenue and expense forecasting process.
- Manages preparation and timely-filing of relevant federal and state reporting documents in collaboration with internal and external accounting professionals.
- Oversees preparation of all necessary and requested financial reports to the Board of Directors, Finance Committee, Investment Committee, Audit Committee, funders, special projects, and other relevant parties.
- Attends all quarterly meetings of the Board of Trustees, Finance Committee, Investment Committee, Audit Committee, and relevant Supporting Organizations to present financial matters.
- Works together with the Special Assistant to the President & CEO to maintain accurate records of decisions of the Board and to prepare Board updates.
- Provides executive oversight for proposals to national funders, ensuring that overhead and staffing is correctly allocated.
- Collaborates with independent financial advisors to supervise the investment of Foundation funds, ensuring investments are managed effectively within the established objectives and risk tolerance parameters.
- Oversees direct investments of unrestricted and donor-directed funds in the Greater New Orleans region as part of the Foundation’s pilot Impact Investment Fund in partnership with independent financial advisors, investment committee members, and relevant Foundation staff.
- Manages cash for the Foundation and transfers funds to maximize earnings.
- Implements the fiscal policies and procedures as developed by the Board of Directors and advises the President & CEO of needed changes to such policies.
- Monitors and evaluates internal processes and controls in partnership with the President & CEO.
- Manages relevant Foundation team members to ensure successful execution of all business functions necessary to keep the Foundation running effectively.
- Works to align the Foundation’s human resources practices and policies to attract and retain a motivated, high quality, diverse, and mission-driven workforce, including: personnel policies, payroll processing, performance evaluation, professional development, compensation and benefits, as well as recruiting, selecting, hiring, and onboarding new staff.
- Manages and works to keep the Foundation up-to-date and highly-secure with its information technology systems including, but not limited to accounting, customer relationship management, and grant reporting system in partnership with the Special Assistant to the President & CEO and Foundation staff.
- Oversees and provides guidance around the Foundation’s physical plant, including facilities, operations, and maintenance.
- Provides administrative leadership and supervision for the use of facilities, including drawing contracts and monitoring income and expenses related to rentals.
- Ensures content management systems are defined and implemented, including access to relevant department files, historical assets, and accounting records.
- Oversees organizational risk management function and provides guidance as to insurance policy management, including adequate coverage, renewals, and financial considerations.
- Acts as liaison with Foundation legal resources to review and manage risk, including, but not limited to gift acceptance, grants management, and contract review.
- Leads and manages Finance and Operations department team members, providing ongoing direction, and evaluation of staff performance.
- Partners with the Special Assistant to the President & CEO and other senior staff to ensure continued progress against the Foundation’s strategic framework and to develop and execute timelines and implementation schedules for core projects.
- Collaborates with the President & CEO, Special Assistant to the President & CEO, and other relevant Foundation staff to identify opportunities to engage with key stakeholders including fund holders, business and governmental leaders, foundation and corporate partners, and other stakeholders critical to the Foundation’s success.
- Provides proactive, creative, cross-functional thinking and ideas to enhance philanthropic services.
- As necessary, works with relevant Foundation team members to support and provide oversight for special projects and initiatives in other Foundation departments.
- Maintains working knowledge and expertise around relevant strategic topics to the Foundation by staying apprised of new regulations, participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations.
- Provide regular, clear, and reliable advice to the President & CEO on trends in IT/Software, Human Resources, and tax law, to ensure the organization remains cutting-edge.
- Excellent oral and written communication skills;
- Demonstrated leadership ability, confidence, and executive presence;
- Strong people management skills – and ability to delegate and empower;
- Strong interpersonal skills and the ability to build relationships and interact with a broad range of stakeholders and staff with different interest and needs;
- Ability to work independently as well as collaboratively with leadership team and staff;
- Ability to multi-task and prioritize high impact activities;
- Ability to apply a strategic and analytical approach to advance organizational priorities.
- An effective problem-solver, oftentimes in collaboration with others and under time pressure;
- An information seeker with a high level of curiosity and commitment to continuous improvement and customer service;
- Ability to perform with a high-level of accuracy and attention to detail;
- Trustworthy and able to handle confidential information with extraordinary discretion;
- Professional and positive attitude, ability and flexibility to maintain composure in a high-energy, fast-paced work environment.
Education & Experience
- A Master of Business Administration (MBA), comparable graduate degree, or relevant experience; CPA preferred.
- At least ten years of experience in a leadership role in finance, accounting, budget, and general operations.
- Exemplary financial planning and analytic skills.
- Expertise in operations.
- Strong computer skills, including fluency with financial accounting systems, MS Office, Excel, and database management systems.
- Working knowledge of community foundations, nonprofit accounting, and tax laws related to charitable contributions of cash, property, and securities is helpful.
- Salary and benefits package for this position are very competitive and will be commensurate with experience.
- Please submit your application to email@example.com. Applications will be accepted on a rolling basis, with an initial deadline of June 12th. Applications should include the following:
- Cover Letter
- Target Compensation
The Greater New Orleans Foundation is an equal opportunity employer. There is no discrimination with regard to hiring, assignments, promotion or other conditions of staff employment because of race, creed, color, religion, veteran status, national origin, age, gender, marital status, sexual preference or disability.