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Chief Financial and Administrative Officer (CFAO)

Company Name: Village Capital
Company Location: United States
Work Type: Fully-Remote
Employment Status: Full-time
Salary Range: USD 160,000 - 175,000
Date Posted: January 23, 2025
Apply By: February 15, 2025

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: 

  • Financial Leadership
  • 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.
  • Operational Oversight
  • 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.
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