Founded in 1991 by patients, for patients, the Pulmonary Hypertension Association (PHA) is the oldest and largest nonprofit patient association in the world dedicated to the pulmonary hypertension community. Pulmonary hypertension (PH) is a rare, chronic and life-threatening disease of the lungs for which no cure currently exists. Our mission is to extend and improve the lives of those affected by PH. To achieve our mission, PHA engages people with PH and their families, caregivers, healthcare providers and researchers worldwide who work together to advocate for the PH community, provide support to patients, caregivers and families, offer up-to-date education and information on PH, improve quality patient care and fund and promote research.
PHA seeks mission-driven, talented professionals to join our team of dedicated employees working to advance our mission and improve the quality of life of those who live with this deadly lung disease.
Join our PHight!
The Vice President, Finance provides strategic oversight and collaborative leadership for PHA’s finance and accounting functions. The incumbent will provide nonprofit finance expertise and be responsible for budget development and management, revenue, expense and cash management, financial analysis and forecasting, payroll management, investments oversight, internal and external financial reporting, risk and contract management, regulatory and tax reporting, audits and providing information to the Finance and Investment Committees. The Vice President, Finance manages a team of finance and accounting professionals, serves on PHA’s executive team and reports to the President & CEO.
The Finance department is responsible for the sound management of PHA’s financial and accounting functions, budget development and implementation, investments oversight, risk management, compliance with applicable accounting and legal requirements, financial reporting, cash management and accounts payable and receivable, payroll, maintaining financial software packages and databases, financial policies and processes and generating fundraising reports and other programmatic reports. Finance department staff also serve as in-house resources for other staff to help them with their budgets, and program management reporting and list generation needs.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Provide forward-looking leadership and proactive management oversight to ensure effective management and execution of financial systems and internal controls.
Oversee and provide hands-on support for financial operations, cash management, monthly, annual and ad hoc financial reports and analyses, revenue, expense and cashflow projections, payroll and external auditors and tax preparers.
Lead the annual budgeting process, including determination of projected revenue for the organization, appropriate allocation of revenue funds based on donor/funder restrictions and providing guidance to staff on revenue and expense management.
Direct internal financial statement preparation and liaise with external financial reporting entities to ensure clear and timely completion of appropriate audits and filings, including, but not limited to, regulatory reporting, tax reporting and financial reporting.
Ensure payroll is executed accurately and on time, managing payroll tax processing and reporting and financial rules surrounding employee benefit plans.
Manage risk and ensure compliance with relevant PHA corporate policies, relevant laws, regulations and standards through contract review, including directly negotiating contracts where needed and appropriate, securing and maintaining appropriate insurance coverage, conducting regular internal and external financial audits, complying with relevant tax laws and state licensing requirements, and producing timely and accurate financial reports.
Collaborate with Development department regarding philanthropic giving and industry related income, negotiate donor/funder contracts, and oversee the work of Finance staff to assure effective, accurate and timely coding and posting to appropriate funds and accounts, financial reporting including those required by donor/funder contracts and stewardship of contributions, sponsorships and grants.
Oversee Finance staff in ensuring that the organization’s information technology and phone service needs, including software, hardware and connectivity, as well as financial and fundraising/donor management software and services in use continue to meet evolving needs of PHA staff and, as appropriate, integrate with third party software systems.
Work in collaboration with all departments, Board and Committee members by providing timely and accurate analysis of financial data, reports, budgets and trends on a routine basis and is able to speak in non-financial language, can translate and teach financial literacy to staff, Committee and Board of Trustees members.
Serve as liaison between the external investment portfolio manager, Investment Committee and Finance Committee ensuring alignment with PHA’s investment policy statement (including spending policy), annual budget and cashflow needs.
Serve as primary liaison with Finance and Investment Committees and conduct regular update calls and in-person meetings.
Develop tools and systems to provide key financial information to the President & CEO, Board of Trustees, executive team and department managers – and make actionable recommendations on budget and operational issues that can improve efficiencies and cost-effectiveness.
As a member of the executive team, participate in cross-departmental meetings, serve as an in-house consultant on financial matters, anticipate potential issues and collaborate with key stakeholders on finding solutions, providing a centralized service approach within Finance to support PHA’s departmental financial needs.
Represent PHA externally, as necessary, particularly in financial matters, lease and contract negotiations.
Manage and develop a diverse, high-performing Finance team using a collaborative and supportive approach – assign accountabilities, set objectives, establish priorities, monitor and evaluate results, identify and initiate process improvements and opportunities for cross training.
Reports to President & CEO
Reporting to this position: Finance department staff
HIGHLIGHTS OF BENEFITS & PERKS:
100% employer paid medical, dental, vision, disability and life insurance plans.
15 vacation, 10 sick and 4 personal days per year to start.
Transportation subsidy (parking or public transit).
403(b) retirement plan.
Working conditions are normal for an office environment. Work requires occasional weekend and/or evening work and travel.
Please apply online by clicking this link: Vice President, Finance. Applications received without a cover letter will not be considered. We look forward to receiving your application, but no phone calls please.
The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of essential functions, responsibilities or requirements. The Pulmonary Hypertension Association, a 501(c)3, nonprofit organization, is an equal opportunity employer (EOE). For more about PHA see: www.PHAssociation.org.
KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
Bachelor's degree in business, accounting, finance or related field strongly preferred; equivalent experience may be substituted. MBA and/or CPA certification a plus.
Minimum of 15 years of finance and accounting experience in a nonprofit environment and a strong understanding of fund accounting principles.
At least five years strategic management experience, including department planning, cross-departmental collaboration and staff management.
Well-versed in all areas of nonprofit finance and accounting regulations, with a demonstrated ability to effectively translate complex financial information and concepts for a variety of audiences, including staff and Board members.
Experience with budgeting, cash management, accounts payable and receivable, financial and data management software packages, investment manager oversight, financial analysis and reporting required; experience providing financial and audit information to Board and Committee members preferred.
Analytical thinker with strong financial and business acumen, accounting and process improvement skills, who has successfully managed a team of individuals that cross various finance and accounting operational specialties.
Experience working in a complex environment, balancing competing demands and priorities, and discerning when to lead or support initiatives to obtain the best results.
Strong written and verbal communication skills, including experience and acumen in presenting to a variety of audiences, including Board and Committee members.
Demonstrated ability to build trust, confidence and consensus with multiple stakeholders and with a balanced ability to challenge colleagues constructively.
Demonstrated success building and managing a collaborative and diverse team; strong negotiating, interpersonal, problem solving, performance improvement and mentoring skills.
Experience with Raiser’s Edge/Financial Edge a plus.
About Pulmonary Hypertension Association
Founded in 1991 by patients, for patients, the Pulmonary Hypertension Association (PHA) is the oldest and largest nonprofit patient association in the world dedicated to the pulmonary hypertension community. Pulmonary hypertension (PH) is a rare, chronic and life-threatening disease of the lungs for which no cure currently exists. Our mission is to extend and improve the lives of those affected by PH. To achieve our mission, PHA engages people with PH and their families, caregivers, healthcare providers and researchers worldwide who work together to advocate for the PH community, provide support to patients, caregivers and families, offer up-to-date education and information on PH, improve quality patient care and fund and promote research. PHA seeks mission-driven, talented professionals to join our team of dedicated employees working to advance our mission and improve the quality of life of those who live with this deadly lung disease.