Vice President of Finance

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Company: Maternity Care Coalition

Location: Philadelphia, PA 19120

Description:

Join Maternity Care Coalition (MCC) and play a critical role in advancing our mission to improve maternal and infant health in underserved communities. If you are a skilled financial professional with a passion for making a difference, we want you on our team!

Organizational Summary

Maternity Care Coalition (MCC) is a community-based nonprofit organization serving Pennsylvania and Delaware with over four decades of commitment to improving maternal and child health and early care and education. MCC's mission is to improve the health and well-being of pregnant women and parenting families and enhance school readiness for children ages 0-3. We achieve this through direct service, advocacy, and research, in collaboration with individuals, families, providers, and communities. We envision a future where parents impacted by racial and social inequities can birth with dignity, parent with autonomy, and raise babies who are healthy, growing, and thriving.

What We Offer:
  • Flexible work environment, including remote work options.
  • Opportunity to contribute to transformative maternal and infant health initiatives.
  • A supportive, mission-driven team committed to equity and inclusion.
  • Opportunities for professional growth and development.

Benefits Include:
  • Three (3) weeks paid vacation, plus one (1) week paid Winter Break
  • Medical, Prescriptions, Dental, Vision, Identity Theft through CIGNA
  • Employer Paid Basic Life and Accidental Death and Dismemberment Insurance
  • Employer Paid Employee Assistance Program
  • Employer Paid Long Term Disability Insurance
  • Voluntary & Supplemental Life Insurance, Short Term Disability
  • Flexible Spending Accounts and Commuter plans through Flex Facts
  • Medical Waiver Credit
  • Limited Health Reimbursement Account (HRA) up to $1500 annually
  • 403B Retirement Plan with Employer Match
  • Pet Insurance
  • Wellness Programs
  • 12 weeks of paid parental leave
  • MCC is a qualified PSLF Employer

Executive Summary

The Vice President of Finance (VP of Finance), reporting directly to the President and CEO, serves as a key member of the Executive Team and holds fiduciary and legal responsibility for Maternity Care Coalition (MCC). This role is instrumental in safeguarding the financial health and sustainability of the agency. The VP of Finance oversees financial and accounting operations, including budgeting, financial reporting. Working closely with the Finance Committee, Board of Directors, Executive Committee, and Early Head Start (EHS) Board, the VP of Finance contributes to strategic planning, fiscal management, and operational oversight. Additionally, this role supervises Finance and Accounting department leaders and collaborates with the Leadership Team to ensure the seamless execution of internal and external operations.

Key Responsibilities

Financial Accounting and Reporting
  • Provides leadership in the development of evaluation of short and long-term strategic financial objectives.
  • Provides executive management with advice on the financial implications of agency activities.
  • Ensures credibility of the Finance Team by providing timely and accurate analysis of budgets, financial trends, and forecasts.
  • Develops annual budget in collaboration with the CEO and Executive team, ensuring the agency's future sustainability in partnership with the Finance Committee and Board of Directors.
  • Provides oversight of annual independent audit, 990, and BCO filings.
  • Provides management oversight of funding, reporting and compliance of federal, state and city contracts, grants and awards.
  • Ensure that effective internal controls are in place and ensure compliance with GAAP and applicable federal, state and local regulatory laws and rules for financial and tax reporting.

Business Management
  • Provides direction for the agency's business insurances ensuring appropriate coverage for staff, volunteers, Directors & Officers, property and general liability.
  • Provides executive oversight of Finance policies and procedures to ensure efficient, uninterrupted business operations.
  • Provides management oversight of the care and use of agency's property and assets.
  • Provides oversight of the proper maintenance of official records and documents and compliance with federal, state, and local laws and regulations, including charitable registrations across multiple states.
  • Negotiates and provides business direction on vendor contracts in collaboration with legal representatives.

Management Duties
  • Provides leadership, strategic direction, and management of MCC in conjunction with the Executive Team, Board of Directors, and Finance Committee.
  • Supports the Finance Committee alongside the Treasurer, who also chairs the Committee.
  • Participates in the Board of Directors, Executive Committee, and Early Head Start Board of Directors committees.
  • Partners with the EHS Fiscal Officer.
  • Liaison to corporate counsel, auditors, consultants, and suppliers.
  • Supervises the Finance leadership team and a consultant.

Experience, Education, andLicensure

Education

  • Bachelor's degree in Accounting, Finance, Business Administration, or a related field is required.
  • CPA (Certified Public Accountant), CMA (Certified Management Accountant), or MBA in Finance is strongly preferred.


Experience
  • Minimum of 10 years progressive experience in finance and or accounting positions with at least 5 in a leadership role.
  • Proven experience in both doing and overseeing financial statement preparation. complex multi-program budget development; and dynamic financial forecasting and modelling
  • Demonstrated expertise in: nonprofit financial management, including fund accounting; the compliance and reporting requirements pertaining to government grants, especially federal; IRS Form 990 preparation; and the preparation of audited financial statements in accordance with GAAP.
  • Experience working with board of directors and senior leadership teams to inform strategic decision-making.
  • Ability to collaborate with external agencies, volunteer advisors, funders, and strategic partners.

Knowledge, Skills & Abilities

  • Demonstrates a highly analytical mindset, thrives in complex environments, and excels at developing tools and strategies to drive clarity and informed decision-making Excellent analytical, problem-solving, and decision-making skills, with a strategic mindset.
  • Comprehensive knowledge of financial principles, accounting standards (e.g., GAAP), and applicable laws and regulations.
  • Strong understanding of nonprofit funding streams, including government grants, private contributions, and earned revenue.
  • Proficiency in nonprofit financial management systems and tools such MIP, and advanced Microsoft Excel skills.
  • Familiarity with financial audit processes and experience leading successful audits.
  • Experience with financial software implementation or optimization projects is preferred.
  • Demonstrated ability to ensure transparency in financial reporting and effectively communicate financial insights, risks, and opportunities to the executive leadership team to support strategic decision-making.
  • Exceptional leadership and interpersonal skills, with a proven ability to manage and develop a high-performing finance and accounting team.
  • Strong written and verbal communication skills, with the ability to present complex financial information clearly to diverse audiences.
  • Demonstrated dedication to diversity, equity, inclusion, and belonging, aligned with MCC's mission and values.
  • Strong commitment to MCC's mission, vision, and core values, focused on improving maternal and child health and well-being through collaboration with individuals, families, providers, and communities.


Leadership Competencies

The Vice President of Finance is expected to demonstrate the following leadership competencies, reflecting the values and priorities of MCC:

Strategic Leadership
  • Visionary Leadership: Inspires and guides the organization toward long-term success by anticipating challenges and opportunities.
  • Strategic Decision-Making: Utilizes critical thinking, data, and collaboration to make informed decisions that align with organizational goals.

People Leadership
  • Inspiring People: Motivates and empowers individuals to achieve their best while fostering a culture of inclusivity, respect, and shared purpose.
  • Relationship Development: Builds and nurtures trust-based relationships with internal and external stakeholders, promoting collaboration and teamwork.
  • Conflict Resolution: Addresses and navigates differing perspectives constructively to strengthen teams and achieve mutually beneficial outcomes.

Values-Driven Leadership
  • Leading by Example: Models integrity, accountability, and alignment with MCC's mission, values, and goals to inspire trust and confidence.
  • Effective Communication: Conveys information clearly, concisely, and with sensitivity to diverse audiences, fostering understanding and engagement.
  • Community-Centered Leadership: Engages with external stakeholders to strengthen partnerships and advance MCC's mission.

Operational Excellence
  • Driving Results: Delivers measurable outcomes through innovative solutions, accountability, and a focus on continuous improvement.
  • Strength-Based Leadership: Leverages the talents and assets of individuals, teams, and communities to build capacity and drive success.
  • Data-Driven Decision-Making: Integrates data and analytics into strategic planning and performance evaluation.

Other Position Factors

The position factors described are representative of the requirements necessary for an employee to successfully perform the essential functions of this job. Reasonable accommodations will be provided to individuals with disabilities to enable them to perform these essential functions, in accordance with applicable laws.
  • The employee may occasionally lift and/or move up to 30 pounds.
  • The position may require occasional travel for conferences, seminars, and meetings.
  • The position requires extended use of a computer for tasks such as data entry, communication, and analysis, which may require sustained attention, focus and sitting.
  • The position may require working non-traditional hours, as needed based on operational demands.

This job description outlines the primary responsibilities and provides a general overview of the scope of the position. Additional duties related to the nature of the role may be assigned or reassigned as necessary to support the organization's goals and objectives.

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