Vice President of Finance

Vice President of Finance

(Remote)

Description

Our Why

Teach Plus is a national nonprofit whose mission is to empower excellent, experienced, and diverse teachers to take leadership over key policy and practice issues that advance equity, opportunity, and student access. The Teach Plus team exists to breathe life into the Student Opportunity Mandate: All students should have the opportunity to achieve their potential in an education system defined by its commitment to equity, its responsiveness to individual needs, and its ability to prepare students for postsecondary success. At the heart of our work is advocacy for collective impact beginning with classroom teachers.

What We Do

At Teach Plus, we believe in equity-driven teacher leadership. When we invest in developing our most talented teachers into teacher leaders who are well-informed, persuasive, and prepared to lead, they have deep leverage in advancing equity for students, especially for students of color, low income students, and those from underserved communities. In an effort to close the opportunity gap and to ensure equitable access to world class education for all students in the schools and communities we serve, we ignite systems change at multiple levels through our Policy Fellowship and Instructional Leadership programs designed to inspire and equip teachers. We are committed to leading change in our Equity Focus Areas: High-quality early childhood education; Recruitment and retention of a diverse teaching force; Rigorous curricula, high standards, and meaningful accountability; Teacher preparation, development, and leadership; Whole child, student-centered learning; and Equitable Funding

What You’ll Do

Serving as an integral member of the Senior Leadership Team, the Vice President of Finance (VP) will be responsible for the development of Teach Plus’s financial management strategy and contribute to the achievement of the organization’s mission and goals. The VP will set the vision, strategy and implementation for the finance function of the organization. The VP will advise the CEO on financial strategy and planning, cash flow and resource allocation priorities, as well as the platforms and infrastructure needed to support organizational growth. To execute these key functions, the VP will lead a 3-person finance team and will manage work with external vendors. This is an outstanding opportunity for a finance executive with operational experience and a proven track record of creative problem-solving and change management to join a high-growth, mission-driven organization.

Strategic Financial Leadership

  • Advise Senior Leadership Team on financial planning, budgeting, cash flow, investment priorities, policy, and other critical matters
  • Serve as the liaison to the board and finance committee, effectively communicating critical financial matters at select board of directors and committee meetings
  • Support CEO, state executive directors and other staff to ensure the timely submission of grant budgets, grant reports, financial agreements, MOUs, etc. to external organizations
  • Ensure successful completion of annual audits, IRS filings, and other mandated financial reports
  • Monitor budget planning, implementation, and spending to ensure alignment within the parameters of the operating plan and budget
  • Oversee the finance team’s management of accounts receivable/payable, grants payment processing, expense reimbursement, stipends, treasury management, and payroll and benefits administration, and implement improvements where necessary
  • Represent Teach Plus externally to its financial partners, including financial and banking institutions, potential investors, donors, and auditors

Financial Operations

  • Upgrade and implement an appropriate system of financial policies, internal controls, accounting standards, and procedures that comply with applicable federal, state, and local regulatory laws as well as rules for financial and tax reporting
  • Plan, coordinate, and execute the annual budget process, including ensuring clear decision-making processes and lines of authority
  • Provide risk management analyses and proactively review, anticipate, and address potential risks affecting the organization
  • Partner with, and provide strategic financial expertise to, the talent team for benefit and compensation-related decisions (i.e. open enrollment renewal, 401K)
  • Ensure that Teach Plus is in compliance with all lobbying and related tax laws and regulations at the federal and state level, and support staff with lobbying reporting responsibilities

Team Development and Leadership

  • Provide oversight of and strategic planning for the finance team
  • Mentor, train, and develop the finance team using a collaborative framework
  • Facilitate opportunities for staff training and development to optimize financial strategy, achieve agreed targets, and improve year-over-year planning
Requirements

What You’ll Need to be Successful

  • Ability to work autonomously, think strategically, and problem-solve to drive positive results
  • Entrepreneurial spirit that is motivated by challenges and seeks to create solutions to those challenges that will help build foundational systems and workflows for Teach Plus
  • Effective organization-wide communicator who is committed to transparency and authenticity in working with stakeholders at every level
  • Passion for working collaboratively with a team and leading amidst changing environments
  • Deep commitment to, and demonstrated experience in, building anti-racist, inclusive, and diverse team and organizational cultures
  • Minimum 7 years experience, preferably in a senior management role, ideally with both external audit and in-house financial management experience gained in a high-growth organization
  • Significant experience with nonprofit finance and accounting regulations
  • Track record of achieving outstanding results
  • Ability to navigate decision-making with strong judgment and integrity
  • Business or Accounting degree required; a Masters in Business Administration is preferred
  • CPA is preferred
Benefits

What We Offer

The compensation range for this position is between $165-175K and salary will be determined based on the selected candidate’s specific qualifications, years of relevant experience, specialized knowledge, and internal equity. This is a remote position, primarily conducted from a home office.

Teach Plus offers a benefits package including medical, dental, and vision insurance, 3% matching 401k plan, disability and life insurance, and Flexible Spending Accounts for medical and childcare expenses. Teach Plus offers generous time off benefits including 15 vacation days, 3 personal days, 5 sick days, 11 holidays, and winter break. Additionally, Teach Plus offers paid parental leave and a 4-week paid sabbatical for every five years of service.

Teach Plus is an equal opportunity employer and encourages applications from diverse candidates. Teach Plus does not discriminate in any aspect of employment on the basis of race, color, ancestry or national origin, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, veteran status, genetic information, or age.

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