Assistant Vice President of Finance; Nonprofit

This range is provided by Westhab, Inc.. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

$/yr - $/yr

• Are you a nonprofit finance and accounting leader with expertise in real estate?
• Would you welcome the challenge of running a large finance department, at a leading supportive housing organization in a time of growth and expanding impact?

If this sounds like you, we’d love to hear from you!

PNP Staffing Group is excited to have been retained by Westhab to lead their search for an Assistant Vice-President of Finance.

SALARY RANGE: $175,000 - $185,000

LOCATION:
Yonkers, NY

BENEFITS AND PERKS:

• $1,000 Sign-on and Retention Bonus
• Medical, Dental and Vision after 30-days with up to 85% paid by Employer
• Paid Vacation, Sick and Personal Time
• Tuition Reimbursement Life Insurance
• Pension Plan and Voluntary 403b Plan
• Employee Loan Program
• Free Parking
• Staff Development and Promotional Opportunities

ABOUT WESTHAB

NY State faces a critical shortage of affordable housing. Westhab is a prominent community development organization, providing housing and supportive services for more than 10,000 of the most vulnerable members of our community each year. We have been advancing our mission –Building Communities. Changing Lives. – for over 40 years. With a budget of 220M, we build communities by developing the housing that our community sorely needs and we change lives by delivering services and support so every individual can have the opportunity to thrive.

SUMMARY OF THE ROLE

The Assistant Vice President of Finance is responsible to support the Vice President of Finance in management of the finance, treasury and accounting functions of the company. The AVP Finance will manage the regular financial reporting, timely tax filings, reimbursement cycle of government contracts, and accounts payable.

REPORTS TO:
Vice President of Finance.

SUPERVISES:
Director of Accounting, Manager of Financial Reporting, and through them the finance team of 30 staff.

KEY RESPONSIBILITIES

• Coordinates and manages the financial reporting team to deliver accurate and timely monthly financial statements for all tax credit and other operating companies.
• Responsible for the preparation of the financial reports on Westhab operations to the board quarterly. Drafts the board report, provides analysis and supporting schedules for the VP Finance review.
• Primary responsibility for the preparation of the annual corporate budget. Interacts with other departments to obtain accurate and current information for the preparation of the same. Conducts quarterly reviews and reports significant variances to the VP Finance.
• Primary liaison with the audit team in the timely delivery of the annual audited financial statements and tax returns for Westhab, its affiliates and all tax credit partnerships.
• Responsible to ensure adequate operating cash needs, funding of payroll, recommendations for draws on the credit line. Reports to the VP Finance about any significant shortfalls.
• Responsible for management of the voucher and collection process, working in conjunction with the Director of Accounting and the contracts team to ensure that all contracts are vouchered routinely, and that payment is timely. Reports significant delays or problems to the VP Finance.
• Responsible for the processing of construction disbursements and accurate reporting of monthly transactions; recording transactions from acquisitions, sales of property, construction closings and conversions.
• Responsible for the overall efficiency of the accounts payable cycle, working with the AP Manager to ensure best practices and timely payment of all vendors. Evaluates cash requirements and makes recommendations for credit line needs.
• Responsible for mentoring and leading the members of the finance team, evaluating the need for new staff and for all hiring and training of accounting staff.
• Responsible for developing and regularly updating accounting procedures and instructions to ensure compliance with government and audit standards, and to maintain consistency and accuracy across the portfolio.

EXPERIENC…