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Job: Vice President of Finance

JOB PROFILE
Location: New York-New York City Education: Masters Degree
Posted: 09-09-2024 Experience: 10+ to 15 Years
Category: NonProfit/Organization Job Type: Full Time
Job Shift: First Shift Salary Range: Above 90K
Company Name: Comunilife Website: https://comunilife.org/
Contact Information : HR HR Contact Email : hr@comunilife.or
JOB DESCRIPTION
Comunilife Inc. is lookihg for an experienced Vice President of Finance to join its Finance team. Reporting to the CFO, the VP of Finance provides hands on direction and supervises all activities of the Finance Department, the Office of Government Contracts, General Accounting, and Reporting, Payroll, Account Receivables and Accounts Payable. Responsible for all financial planning, accounting systems and practices, reporting and control systems; and provides direction to subordinate managers and staff. Oversees the organizational and affiliate budgeting process; internal audits of petty cash and Metrocards; and, creating and executing fiscal policies and procedures. Prepares all financial statements for Comunilife and affiliates. Takes a lead role in forecasting and strategic planning. Direct role in managing all agency financial audits.This position is eligible for Comunilife's generous benefits and paid time off package.


Essential Duties:


+ Hands on managing of day-to-day all financial activities and accounting functions;


+ Under the CFOs supervision, serve as the in-house financial advisor for the President/CEO and senior management, in the areas of resources, expense, budgeting, planning and reporting, including all revenues;


+ Develop and oversee the implementation of short-term and long-term financial plans to achieve agency objectives;


+ Develop the annual budget in conjunction with the Budget Director and the Assistant Director of Grants and Contracts;


+ Develop the annual budgets of the Comunilife Affiliates with the Real Estate Accountant;


+ Design and implement a cash management system, evaluating the need for obtaining credit.


+ Manage relationships with agencys lenders/investors and banking institutions;


+ In conjunction with Assistant Director of Grants and Contracts, produces timely and accurate program budget variance reports on a quarterly basis.


+ Manages the month-end close process and all financial reporting, ensuring accurate and timely preparation and distribution of internal and external financial reports.


+ Appraise the agencys financial position and issues on a monthly and ad hoc basis and prepares operating reports to senior managers as well as the CFO and President, and with the CFO provide quarterly reports to the Board of Directors;


+ Oversee the agency-wide grants and contracts management system, including all cost allocation plans, integrating agency budget and restricted contract funding, monitors budget modification processes, contract reporting and revenue vouchering and collection processes;


+ Ensure that fiscal requirements for grants and contracts are identified, realized and monitored;


+ Formulate, recommend and implement sound fiscal policies, procedures and internal controls;


+ Oversee the housing development, property management and asset management function of the finance department with a firm understanding in the low income housing tax credit (LIHTC) partnerships and tax accounting practices. With the CFO provide support for the real estate development in capital projects through budget preparation and financial analysis for debt and equity funding;


+ Manage all agency financial audits Comunilife, subsidiaries, affiliates, retirement plans (IRS-990, Char 500, and A133 compliance).


+ With the CFO manage investments and other assets of the agency;


+ Oversee accounting, accounts payabable, accounts receivable and procurement process.






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