Employment Opportunity: Vice President – Finance & Stewardship
The VP – Finance & Stewardship oversees the Scranton Area Foundation’s financial activities, investment activities, and administers charitable fund vehicles. This is a senior level position, and reports directly to the President & Chief Executive Officer.
Salary: $55,000 to $65,000 depending on qualifications and experience. Generous benefits package including health, dental, life insurance, retirement contribution, and paid time off.
The Scranton Area Foundation
This new position is an opportunity to be part of the The Scranton Area Foundation, a growing community foundation in Lackawanna County with a 62 year history of managing charitable giving vehicles and providing grants to support community causes. The Foundation is in a period of growth and community engagement, with over $33 million in assets under management, and an additional $30 million in assets in contracted administrative relationships with other Foundations.
Qualifications and Experience
- Bachelor’s degree required, with a specialization in finance, accounting, business or a related field. Advanced degree and/or related certifications highly preferred
- A minimum of 7 years of relevant experience, with a proven track record in areas of financial management, accounting, banking, personal finance, gift planning, and/or trust management.
- At least three years of experience in staff management.
- High level of financial and analytical skills.
- Excellent interpersonal, verbal, listening and written communication skills.
- Collaborative, team-oriented work ethic.
- Proficiency with computer technology and its use in communication, information gathering and management
- Extensive experience with MS Office as well as Excel or comparable software; experience with financial management software required.
- Problem-solving abilities.
- Management skills.
- Willingness to work some evenings and weekends when needed.
- Excellent organizational skills and strong attention to detail.
- Oversees all accounting and financial activities and reporting for the Foundation.
- Directly manage all financial transactions and reconciliations.
- Develops, implements, and maintains effective accounting policies and internal controls.
- Develops the annual budget and monitors performance throughout the fiscal year. Ensure that expenditures are consistently aligned with grant, operational, and program budgets.
- Provides timely, accurate, informative, and user-friendly financial information, analysis and projections as needed for the Foundation’s Board, staff and fund holders.
- Produce monthly, quarterly and audited year-end consolidated financial statements for the Foundation and its affiliated, contracted foundations.
- Produces individual fund statements in conjunction with current staff
- Serves as a liaison to the Foundation’s independent auditors and serves as primary staff for the Audit Committee.
- Ensures that all required state and federal reports are filed in a timely manner.
- Updates and maintains investment, financial and charitable gift acceptance policies.
- Recommends and implements improvements in financial procedures, donor reporting, and donor tracking and prospecting software.
- Serves as the intermediary and liaison for the Foundation’s CIO, Investment Managers, and Medallion Partners.
- Monitor progress and changes for both SAF assets and foundations that are managed on a contractual basis.
- Provides regular investment-related reports to the CEO, Investment & Finance Committee, and Leadership Team.
- Coordinates the work of the Investment Committee.
- Reviews balances of investments, bank and custodial accounts regularly.
- Coordinates reporting for separately managed foundations held outside of the Foundation’s investment pool, contracted administrative relationships.
- Keeps abreast of current and emerging trends in the sector.
Gift Planning & Stewardship
- Plan and implement short and long term objectives for a highly productive planned gifts program, in conjunction with the Director of Philanthropy.
- Increase range of giving vehicles offered by the Foundation, by establishing a Charitable Gift Annuity program and expanding the variety of trusts and related giving options.
- Serve as an institutional resource for complex charitable planning vehicles. Work with staff to provide donors with technical expertise on how best to plan for their financial future through the use of life-income gifts.
- Responsible for managing the administration of all life-income and bequest gifts.
- Serve as an institutional resource for the best ways in which gifts can be made with maximum benefit to the donor and foundation.
- Establish an Educational Improvement Tax Credit (EITC) program.
- Conduct reports as needed for Foundation leadership.
- Other projects and responsibilities when directed by President & CEO.
Please submit resume, cover letter, and three professional references to firstname.lastname@example.org. Deadline date to apply for the position is February 15. No calls please.