Vice President of Finance
At PAI, we are motivated by one powerful truth: A woman who is in charge of her reproductive health can change her life and transform her community. PAI is a global organization that works with policymakers in Washington, D.C. and our network of global partners to advocate for accessible, quality health care and advance the sexual and reproductive rights of women, girls and other vulnerable groups. PAI champions progressive policies and funding that make sexual and reproductive rights a reality for all. We fight to remove the policy barriers between women, girls and other vulnerable groups and the quality care — including contraception and safe abortion — they need and deserve.
We achieve excellence not by simply representing different identities, but by listening to, understanding and making room for others to thrive. Diversity, equity and inclusion (DEI) goes beyond representation, and we’re committed to creating an inclusive and equitable workplace.
PAI is seeking a dynamic individual that embraces leadership, collaboration and problem-solving to lead the day-to-day accounting operations and financial management of the organization. This is an extraordinary opportunity for a leader with seven to ten years of accounting and finance experience, ideally beginning in accounting and audit, followed by experience gathering, evaluating, presenting and reporting financial information to internal executive teams, boards of directors and external stakeholders. With an annual budget of $17 million, PAI is a nonprofit with multiple programs primarily funded by foundations. The ideal candidate will have several years of nonprofit experience working with and reporting on foundation grants. PAI is not supported by U.S. government grants.
- At least seven years of experience in nonprofit accounting and sound knowledge of reporting standards
- Experience leading audit activities, project budgeting and reporting, ad hoc analysis, accounts payable and receivable, general ledger, payroll, fixed assets and accounting for investments
- Knowledge and experience using Intaact, Concur and Bill.com
- A track record in grants management as it relates to compliance and reporting of foundation grants, as well as with grant budgeting, is essential
- Experience with awarding and accounting for subgrants to recipient organizations located outside of the United States
- Minimum of a bachelor’s degree in accounting; CPA and/or MBA, or equivalent experience; preferred
- Ability to work with board of directors and senior leadership team, providing strategic advice on organizational financial status and long-term financial planning
- Lead, mentor and motivate staff finance department
Essential Duties and Responsibilities
- Lead, direct and review the accounting team operations (including, but not limited to, cash reconciliations, investment account reconciliation, accounts receivable transactions, fixed asset activity, accounts payable transactions, recording of revenues and expenses, etc.)
- Manage a cohesive finance team (currently 3 full-time staff in addition to the vice president of finance) that strives for continuous improvement of accounting processes, systems and procedures
- Develop and maintain internal control policies and procedures consistent with nonprofit best practices
- Provide direct support to the development (fundraising) team on proposal budgets, foundation financial reporting, charitable revenue reconciliation and strategic guidance
- Lead the month-end and annual closing processes by preparing recurring journal entries and monthly balance sheet account reconciliations (prepaid, advances, accrued expenses, deferred rent, etc.) and maintain all supporting schedules for accuracy
- Produce monthly, quarterly and annual financial statements and ad hoc reports for the executive team and board, ensuring completeness and that all revenues and expenses are recorded in accordance to GAAP
- Lead the annual audit and 990 effort ensuring the timely delivery of PBC items to auditors
- Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements
- Develop relationships with key project managers by providing value added guidance to assist with financial reporting
- Ensure that the investment accounts are properly aligned with the approved investment policy statement and related performance activity is accounted for each month on a timely basis, within established standards
- Consistently analyze financial data and present financial reports in an accurate and timely manner, meeting monthly reporting standards
- Maintain the organization’s primary forecasting and budget development tools. Initiate the annual budget development process and present, analyze and finalize the annual budget
- In collaboration with the treasurer and the chair of the audit committee, prepare board committee (audit and budget and finance) meetings, financial reports and analyses
- Ensure accuracy and timeliness of monthly project/program reports; ensure that expenditures are consistently aligned with grant and program budgets throughout the grant/fund period
- Manage organizational cash flow forecasting and manage assets between PAI bank accounts
PAI believes it is strengthened by the diversity of its staff, and welcomes such diversity, including race, gender identity or expression, sexual orientation, age, educational attainment, disability, and veteran status. PAI welcomes applications from people of all cultures, backgrounds and experiences, and strongly encourages people of color and persons with disabilities to apply. PAI actively cultivates an institutional culture that reflects the values of respect, equity and inclusion that it seeks to amplify in its work. PAI offers a flexible workplace and a competitive benefits package.
Salary Range: $150,000 – $170,000
PAI offers a comprehensive benefits package that includes health, dental and vision care, direct contribution 403(b) retirement plan, flexible spending account, tuition reimbursement and personal professional development funds. PAI observes all federal holidays and employees receive 12 days medical leave per year, 19 days of vacation leave for the first three years of employment and parental leave with 12 months of continuous employment.
Please submit a cover letter and resume to firstname.lastname@example.org with “Vice President of Finance” in the subject line. This announcement will remain posted on PAI’s website until the position is filled.