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Assistant Vice President of Finance

Careers In Nonprofits
Yonkers, NY Full Time
POSTED ON 2/22/2025
AVAILABLE BEFORE 5/20/2025

TITLE : Assistant Vice President, Finance

SALARY : 175,000 - 185,000

SCHEDULE : Hybrid in Yonkers, NY

BENEFITS AND PERKS

  • 1,000 Sign-on and Retention Bonus
  • Medical, Dental and Vision after 30-days with up to 85% paid by Employer
  • Paid Vacation, Sick and Personal Time
  • Tuition Reimbursement Life Insurance
  • Pension Plan and Voluntary 403b Plan
  • Employee Loan Program
  • Hybrid after 90-days
  • Free Parking
  • Staff Development and Promotional Opportunities

SUMMARY

The Assistant Vice President of Finance is responsible to support the Vice President of Finance in management of the finance, treasury and accounting functions of the company. The AVP Finance will manage the regular financial reporting, timely tax filings, reimbursement cycle of government contracts, and accounts payable.

DUTIES & RESPONSIBILITIES

  • Coordinates and manages the financial reporting team to deliver accurate and timely monthly financial statements for all tax credit and other operating companies.
  • Responsible for the preparation of the financial reports on Westhab operations to the board quarterly. Drafts the board report, provides analysis and supporting schedules for the VP Finance review.
  • Primary responsibility for the preparation of the annual corporate budget. Interacts with other departments to obtain accurate and current information for the preparation of the same. Conducts quarterly reviews and reports significant variances to the VP Finance.
  • Primary liaison with the audit team in the timely delivery of the annual audited financial statements and tax returns for Westhab, its affiliates and all tax credit partnerships.
  • Responsible to ensure adequate operating cash needs, funding of payroll, recommendations for draws on the credit line. Reports to the VP Finance about any significant shortfalls.
  • Responsible for management of the voucher and collection process, working in conjunction with the Director of Accounting and the contracts team to ensure that all contracts are vouchered routinely, and that payment is timely. Reports significant delays or problems to the VP Finance.
  • Responsible for the processing of construction disbursements and accurate reporting of monthly transactions; recording transactions from acquisitions, sales of property, construction closings and conversions.
  • Responsible for the overall efficiency of the accounts payable cycle, working with the AP Manager to ensure best practices and timely payment of all vendors. Evaluates cash requirements and makes recommendations for credit line needs.
  • Responsible for mentoring and leading the members of the finance team, evaluating the need for new staff and for all hiring and training of accounting staff. Directly supervises the Director of Accounting and the Manager of Financial Reporting.
  • Responsible for developing and regularly updating accounting procedures and instructions to ensure compliance with government and audit standards, and to maintain consistency and accuracy across the portfolio.
  • EXPERIENCE, EDUCATION AND SPECIAL REQUIREMENTS

  • Bachelors degree in accounting from a four-year college or university. CPA or MS preferred, not required
  • 10 plus years of managerial accounting and financial management with real estate / property management and / or non-profit accounting
  • Strong leadership skills, demonstrative experience in management of professional level staff, experience in managing multiple fiscal disciplines
  • Demonstrative knowledge of accounting theory and principles
  • Strong Excel skills and knowledge of data base applications
  • Excellent communication skills
  • AGENCY PROFILE & EMPLOYEE EXPECTATIONS

    Westhab is a prominent community development organization, providing housing and supportive services for more than 10,000 of the most vulnerable members of our community each year. We are staffed by an extraordinary group of hard working professionals that are fully committed to our mission - Building Communities. Changing Lives. Working at Westhab is not easy. Our expectations for all staff are high. We believe that the people and the communities that we have the privilege to serve deserve our very best every day. We are a results-driven organization that focuses on empowerment and impact. If you want to apply for this opportunity, it should only be because you feel ready for the challenges and expectations that come with joining this kind of team. (EOE)

    OCCUPATIONAL SAFETY AND HEALTH ADMINISTRATION (OSHA)

    The Occupational Safety and Health Administration (OSHA) ensures safe and healthful working conditions to workers by setting and enforcing standards and by providing training, outreach, education and assistance. Westhab complies with all applicable OSHA standards, rules and regulations in addition to keeping our workplaces free of serious recognized hazards.

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