Vice President of Finance

Position Summary: The Vice President (VP) of Finance is a mission-aligned executive who ensures financial stability, organizational compliance, and operational effectiveness across the company. The role is pivotal to sustaining and expanding OIC’s work within the community, through both OIC-SFL and OIC Strategic Integration (OIC-SI). As a trusted partner to the Chief Executive, Chief Operating and Chief Program Officers the VP leads the organization’s financial activities, driving financial strategy, annual budget planning and reconciliation, and accountability to ensure fiscal compliance with all applicable regulations, board and executive directives, organizational policies and procedures and contract and grant requirements.

Essential Duties and Responsibilities: Owns all fiscal operations for OICSFL and OICSI, to include budgeting, forecasting, audit preparation and response, accounting, invoicing (AR and AP) and grant and contract financial reporting. Manage cash flow, liquidity and working capital, overseeing banking relationships, investment and credit accounts and debt obligations. Maintain strong internal controls aligned with GAAP and OMB guidelines, while leading the annual audit process and coordinating all activities with external resources to ensure unqualified audits. Oversee the timely and accurate financial reporting for company executives, board committees, funders and customers, to include preparation and presentation of routine financial updates, and quarterly board packages. Oversee grant and contract fiscal compliance activities, ensuring proper fund management, budget preparation and management, cost tracking and expense compliance, periodic reconciliations, and individual allocations against both restricted and unrestricted funds. Review biweekly payroll and staff allocations. Lead close out and yearend process for grants and contracts. Provide insights into tax obligations and liabilities, prepare and submit IRS Form 990, and oversee the creation of annual tax returns. Drive financial activity efficiency, ensuring proactive talent selection, development and mentoring, while evaluating the effectiveness, interoperability and scalability of financial tools, processes and systems. Lead the development and maintenance of organizational performance and financial management visualization tools (e.g., MS Power BI) that provide realtime access to key organizational health data and supports risk identification and mitigation, opportunity identification and action planning, and timely executive, director and manager decisionmaking. Partner with COO and CPO to build financial literacy, transparency and accountability across the organization and at all levels of management. Own the annual budget planning cycle, ensuring compliance with agreed upon timelines, providing the necessary training and support to managers and directors, and supporting reconciliation discussions to ensure alignment across all programs and organizational functions. Develop sound pricing strategies to inform grant and contract proposals, preparing and submitting annual indirect cost rates, developing wrap rates (i.e., fringe, overhead, G&A, and margin) for both OICSFL and OICSI, and providing reviews of all submissions prior to CEO signature. Support fundraising and business development activities, to include grant and contract opportunity evaluation, pipeline development and maintenance, waterfall (sustainability) projections, and proposal creation and review as necessary. Ensure alignment between fiscal strategies and program and line of business growth objectives, conducting profitability assessments and evaluating partnership opportunities. Perform market analysis and financial modelling for proposed and existing lines of business, assessing the feasibility and potential return on investment of new opportunities. Identify and propose mitigation strategies for financial, operational and compliance risks associated with new program and grant, and line of business and contract opportunities.

Requirements: Master’s degree in Business Administration, Finance, Accounting, Economics, or related fields.812 years of progressive finance or accounting experience. Proven leadership experience managing finance teams. Proven ability to manage finances in both nonprofit and forprofit operating environments. Expertise in GAAP, fund accounting, federal grant regulations (e.g., 2 CFR Part 200).Proficiency in accounting software (e.g., Abila Fund Accounting, Safe Intaact, QuickBooks, Blackbaud, NetSuite) and advanced MS Excel competency. Strong strategic and analytical thinking, attention to detail, oral and written communication skills, and ability to interpret and manage complex financial data. Experience leading audits, ensuring financial compliance, and managing risk across diverse funding sources. Experience in workforce development, social enterprise, or governmentfunded initiatives.

Additional Information: Performing the duties of this position requires the ability to walk, sit, stand, reach, talk, hear and lift presentation materials, including equipment. This position may require independent travel between agency resource centers and other venues as required by position. Must maintain valid DL and insurance coverage on personal vehicles at all times during employment.

Competitive Benefits Package: Health plan that includes medical, dental and vision; three employerpaid benefits: Short Term / Long Term Disability, ADD/Life; 403B retirement/investment savings plan. Employment is contingent upon available funding and the successful completion of a background investigation.