Village Capital is seeking a versatile and transformational Chief Financial and Administrative Officer (CFAO) to lead its financial and administrative operations. This is a unique opportunity to be part of an organization that blends innovation, entrepreneurship, and mission-driven impact, as it forges towards bold 2030 goals to reach 50,000 impact-creating entrepreneurs and catalyze $50B in capital.
Reporting to the CEO and serving as a key member of the leadership team, the CFAO will be crucial to maintaining the organization’s financial health, ensuring compliance and driving operational excellence, and will play a pivotal role in shaping financial and operational strategies that advance Village Capital’s mission. This will include:
- Oversee financial management, reporting, and compliance, ensuring timely and accurate data analysis and reporting and forward-looking projections.
- Lead budgeting, financial planning, audits, and tax filings and compliance processes, including program-specific audits.
- Manage cash flow, restricted assets, and grant budgets to optimize financial health.
- Impact Investment Integration
- Support investment administration and align impact investment activities with overall financial frameworks.
- Collaborate with the Impact Investments team on grants, regrants, and fund administration.
- Team Leadership and Culture
- Build and lead a high-performing finance and administration team.
- Work with other leadership team members as well as managers to create, update, and implement systems, structures, policies and procedures that support operational efficiency and compliance.
- Foster collaboration and communication across teams to promote a positive workplace culture.
- Be an active participant in VilCap’s participatory governance system to promote and embody the principles of transparency, inclusion and equity and perform other duties as assigned.
- Compliance and Risk Management
- Maintain robust internal controls and ensure compliance with regulatory requirements.
- Oversee contract reviews, legal services, and financial recordkeeping.
- Manage third-party providers for financial systems, ensuring service quality and alignment with organizational needs.
- Oversee procurement, cross-functional processes, and financial reporting for VilCap entities.
- Board and Committee Support
- Serve as a liaison to the Board of Directors, co-leading the Finance & Audit Committee.
- Prepare and present financial reports and dashboards for quarterly board meetings
Ideal Profile
The ideal candidate is a versatile leader who excels at balancing strategic financial management with hands-on administrative oversight. We are looking for a finance and operations expert with experience in nonprofit and for-profit accounting to lead our unique approach, combining diversified revenue models with mission-focused financial strategies. Here are the traits we are looking for:
- Financial Expertise: Proven mastery of nonprofit finance, financial planning, and operational management, with the ability to navigate complex financial systems and compliance requirements.
- Strategic Thinking: Strong analytical and problem-solving capabilities, enabling the development of forward-looking projections and actionable strategic insights.
- Operations Architecture: Creativity and ability to design and manage integrated processes and frameworks to drive organizational efficiency, accuracy, and scalability. Comfort with adopting new technologies and tools.
- Effective Communication: Ability to present complex financial and operational concepts to diverse audiences, including boards and non-finance professionals.
- Collaborative Leadership: Demonstration of the ability to foster a positive organizational culture through strong leadership and cross-functional collaboration.
Qualifications
- Bachelor’s degree in finance, accounting, or a related field; CPA, CFA, or MBA preferred.
- Minimum 8 years of experience in financial management, including 5 years in nonprofit finance.
- Proven expertise in nonprofit accounting, compliance, and reporting for diversified revenue streams.
- Strong leadership experience with a history of building and managing high-performing teams.
- Knowledge of GAAP for nonprofits and experience with fund accounting, multi-currency transactions, and alternative investments.
- Proficiency in financial software and data management systems.
- Excellent communication skills with the ability to present complex financial concepts clearly.
What’s on Offer?
- A culture that values innovation, initiative, performance, and continuous improvement while fostering belonging for all team members.
- Remote and flexible work environment.
- Annual performance bonus program.
- Generous holiday and flexible paid time off policy.
- Benefits package including medical, dental, vision, 401k and more.
- Annual professional development and wellness reimbursement program.