Position: Vice President of Finance
Job Type: Full-time, Exempt
Location: Remote
Hours: 9a - 5p
Reports To: Chief Executive Officer
Travel Requirement: 25%
Salary: $180,000 - $195,000
At EforAll (Entrepreneurship for All), we believe everyone should have the opportunity to turn their dream of starting a business into a reality. Dedicated to empowering underrepresented entrepreneurs since 2010, our mission is to accelerate economic and social impact in communities nationwide through inclusive entrepreneurship.
In our work, EforAll partners with local champions, dedicated volunteers and generous funders to encourage growing and thriving local economies. Our EparaTodos program was designed to support Latinx entrepreneurs specifically, with programs run entirely in Spanish. The success of our programs inspires us each and every day: Over 1,700 startups launched; 76% women-owned, 74% BIPOC owned, and 34% immigrant-owned; 70% of EforAll businesses are still operating after 3 years; and $56 million in alumni revenue and 2,277 jobs were generated in 2023.
We are constant cheerleaders for our communities. We connect deeply with the people we serve because a majority of our staff are proud and active members of these communities. We also recognize and celebrate our team’s own personal and professional growth and accomplishments. Embracing a culture of celebration heightens morale and profoundly connects us all as members of the EforAll community.
We invite you to join us on our journey towards creating equitable opportunities for all.
Position Overview:
The Vice President of Finance is a strategic leader responsible for overseeing the organization’s financial operations, planning for sustainable growth, and ensuring fiscal accountability. Reporting directly to the CEO, this role combines visionary thinking with hands-on management to develop and implement financial strategies that support our expanding multi-site programs. This is an exciting opportunity for a proactive, detail-oriented finance professional with strong leadership skills and a passion for organizational excellence.
Essential Functions:
Financial Operations and Management
- Oversee day-to-day financial functions, including accounts payable/receivable, payroll, audits, and tax preparation, ensuring accurate and efficient processes.
- Develop, implement, and maintain financial policies, procedures, and internal controls to safeguard organizational resources.
- Lead the budgeting process for individual sites and the overall organization, ensuring alignment with strategic priorities.
- Prepare and present financial statements and reports (annual, quarterly, and monthly) to internal and external stakeholders.
- Collaborate with staff to improve financial systems and processes from the ground up, ensuring scalability and efficiency.
- Manage grant tracking processes for national, multi-site, and local funding sources.
Strategic Planning and Forecasting
- Work closely with the Executive Team to align financial strategies with organizational goals and expansion plans.
- Build financial models to support long-term growth and sustainability, incorporating data analysis and forecasting.
- Monitor program delivery costs and ensure alignment with revenue projections.
- Implement automation to streamline financial systems and enhance operational effectiveness.
- Assess organizational risks and design mitigation strategies to ensure financial stability.
Leadership and Collaboration
- Serve as a trusted advisor to the CEO and Executive Team, providing insights to guide strategic decision-making.
- Partner with the Board of Trustees to deliver financial reports and manage cash flow.
- Ensure COO, CDO and Regional Directors have information necessary to manage revenue and expenses at national and site level.
- Lead and mentor the finance team, fostering a culture of collaboration, innovation, and accountability.
- Provide support and resources to department heads to manage site-level and national-level revenue and expenses effectively.
- Drive the creation of multi-year financial forecasts and participatory budgeting processes.
Required Experience and Qualifications:
- Bachelor’s degree in finance, accounting, business administration or related field.
- 5+ years of senior leadership experience in financial management.
- Proven ability to lead and manage financial operations in a dynamic, multi-state organization.
- Deep understanding of nonprofit financial principles, including compliance with GAAP and IRS regulations.
- Expertise in budgeting, forecasting, and risk management.
- Excellent written and oral communication skills, with a strong emphasis on cultural competency and the ability to effectively communicate across diverse cultural backgrounds.
- Flexible, adaptable, and well-organized, with a demonstrated capacity to navigate cross-cultural environments and foster inclusive spaces.
- Strong problem-solving and critical-thinking skills with a strategic mindset.
- Excellent interpersonal and team-building skills, with experience in staff development.
- Strong attention to detail combined with the ability to see the bigger picture
Preferred Qualifications:
- Experience with accounting software and systems (e.g., Sage Intacct).
- Professional certifications such as CPA, CFA, or CMA.
True innovation and community transformation arise from embracing a multitude of perspectives and experiences. EforAll is committed to inclusivity and provides equal opportunities to all employees and applicants for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, genetic disposition, neurodiversity, disability, veteran status, or any other protected category under federal, state and local law.
