Assistant Vice President, Finance

Springboard Collaborative - Philadelphia, Pennsylvania or Remote - Full time

Description

Springboard Collaborative invites talented and passionate candidates to apply for the position of Assistant Vice President, Finance. The Assistant Vice President, Finance, will be responsible for financial systems and functions including financial analysis and oversight, compliance and controls, general ledger maintenance, budgeting, and the annual audit. A successful candidate will be highly analytical, detail-oriented, and organized.

Springboard Collaborative closes the literacy gap by closing the gap between home and school. We coach educators and family members to help kids learn to read by 4th grade. Springboard envisions a world in which all children have the requisite literacy skills to access life opportunities. The Assistant Vice President, finance supports this goal by maintaining the overall financial health of the organization to maximize our impact and sustainability.

The Assistant Vice President, Finance, will report to the Vice President, Business Strategy, and will lead the Finance team at Springboard. This is a great opportunity to support an entrepreneurial team in maximizing the impact of a rapidly growing organization.

We'd love to have you join us.

This is important

We are an equal opportunity employer. Diversity is more than a commitment at Springboard Collaborative—it’s at the core of what we do and how we do it. No one can solve a problem better than those who experience it firsthand. That’s why Springboard aspires to hire a diverse team that is representative of the marginalized communities we serve.

We also know that having a diverse workforce makes for a better workplace. Springboard’s hiring process seeks individuals who value diversity of race, gender, sexual orientation, religion, ethnicity, national origin, etc.

Your priorities in the first year:

  • You will develop and implement a new financial model and other resources that enable data-driven financial and operational decision-making.
  • You will develop and communicate financial analysis processes and strategies.
  • You will grow the Finance team to ensure a high level of operational excellence.
  • You will develop mechanisms for multi-year budget planning and regular review of budget to actuals.
  • You will create a financial dashboard that enables the Finance team to escalate potential issues.

Your responsibilities within and beyond the first year:

  • You manage, coach, and develop a team of staff members.
    • You lead, hire, and develop the accounting/finance, and financial planning & analysis (FP&A) teams and establish a strong culture of teamwork, analysis, and operational excellence.
  • You lead the analysis and reporting on revenue trends, costs, and compliance with budgets.
    • You proactively look at financial and operational trends and develop assumptions and analyses to help the organization make informed strategic decisions.
    • You oversee and improve the grant and budget reporting processes.
    • You ensure the Finance team issues regular status and ad hoc reports to senior leadership.
    • You present financial reports, assumptions, and recommendations to the board of directors and potential donors.
    • You create systems and resources to ensure org leaders understand and utilize financial information to inform their decision-making.
  • You establish effective operating systems and principles for accounting, tax, and finance functions.
    • You establish a scalable and ongoing financial planning process for the organization; partner with other teams to understand revenue and cost drivers and define appropriate methods for managing, tracking, and forecasting.
    • You develop a scalable accounting operation that expands as the company grows.
    • You manage the auditing and updating of existing policies; work with the Controller to identify where new policies are needed.
    • You own, develop, and coordinate all relationships with lending/financial institutions and insurance providers.
  • You are responsible for the financial compliance of the organization.
    • You manage legal and insurance compliance for the organization and determine outsourcing needs.
    • You ensure the organization adheres to appropriate tax filing reporting schedules and manage all tax planning and compliance with all required federal, state, local, payroll, property, and other applicable taxes.

What you offer us

Here are the qualifications we expect the right candidate to have:

  • Analysis/Reasoning: You have strong analytical skills and the ability to analyze and question key financial metrics.
  • Fiscal accountability: You have a strong conceptual understanding of financial modeling and reporting. You understand financial drivers to enable accurate forecasting and high-quality decision-making.
  • Staff management/development: You provide coaching and mentoring to your team and always remain focused on the development of your staff and the completion of departmental and organization-wide goals.
  • Change leadership: You manage, lead, and enable changes in processes while helping others deal with the impacts of large-scale organizational transitions.
  • Attention to detail: You manage multiple projects and priorities with a focus on bringing projects to completion.
  • Communication: You develop and deliver highly effective and transparent executive-level presentations and financial reports that provide clarity and insight for senior leaders and board members.
  • Valuing diversity, equity, and inclusion: You keep a focus on equity and inclusion when developing and implementing policies and improvements to the financial and accounting functions of an organization.
  • 7+ years of Finance experience including experience owning financial management and/or accounting for a fast-paced, rapidly-scaling organization.
  • Bachelor’s degree and/or appropriate Finance certifications.
  • Experience leading the finance function of an organization with a budget of at least $40M.

It would also be nice if:

  • You have nonprofit and/or start-up experience.
  • You have experience with Asana, Intacct, Martus, and QStock software.

While this description is meant to provide an overview of the responsibilities of the Assistant Vice President, Finance, we are seeking candidates who demonstrate flexibility and can adapt to evolving needs in an entrepreneurial environment.

What we offer you

Compensation

Here are our compensation values: At Springboard, compensation equity is integral to the way we operate and our commitment to competitiveness, pay equity, performance-based rewards, transparent & equitable career growth, and progressive benefits.

Compensation for this role: Each role at Springboard is placed in a compensation band with 5 levels. Generally, we expect all candidates that meet the hiring criteria to be offered the midpoint of the band. This role sits within Band 7. The midpoint of this band is $168,096. The actual level of the successful candidate (and corresponding salary) will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, and other factors. You may also be eligible for Springboard's collective bonus program.

Our process to determine compensation: Springboard does not negotiate the offered salary during the offer conversation. Throughout the interview process, we will evaluate your alignment with the compensable factors listed in the job description. From there, we will determine your starting salary on a level within the job band.

Benefits

At Springboard, we feel it is important to take care of our employees, which is why we offer a competitive benefits package. Some of these benefits include:

  • The usual stuff. Medical insurance with a cash stipend for those who waive Springboard coverage. Options include PPO, High Deductible/HSA, and EPO. Health Savings Accounts are available for our high deductible plan.
  • We’ll take care of it. We fully cover your vision & dental insurance premium, plus your short & long-term disability coverage.
  • Securing your future. We’ll match up to 6% of your salary in 403(b) retirement contributions (or student loan payments!) after your first six months at Springboard.
  • Paid Time Off (PTO) is important. Four weeks annually—we’ll prorate it from the date of your hire. At Springboard, time off isn’t earned. Everyone gets access to their time at the start of the calendar year.
  • More PTO! All eleven federal holidays, including Juneteenth, Indigenous Peoples’ Day, and Martin Luther King Jr. Day, plus two extra floating holidays. If a holiday occurs over the weekend, we take off during the week. Election Day. YOUR. BIRTHDAY.
  • Paid leave. Parental Leave (12 weeks after the first six months of employment). Marriage leave (five days). We also cover short- and long-term disability insurance at no additional cost to our staff.
  • Under the weather? We don’t cap the number of sick days available to employees and have been providing extra PTO during COVID surges.
  • Forget your phone bill. We know using your cell phone for work is inevitable, so we cover $100 of your bill each month.
  • Technology support. All employees receive a Springboard laptop, an annual technology allowance, and a one-time remote work set-up allowance.
  • Your wellness is a priority. Our Employee Assistance Program (EAP) provides support for stress/anxiety, finance, law, family, substance abuse, grief, and more. We also provide a generous personal and professional development allotment to help employees bring their best selves to work.

We are committed to your development.

  • We provide generous professional development funding.
  • Regular opportunities to meet with colleagues to discuss individual and organizational development as well as our commitment to equity.
  • Consistent structured and real-time feedback is foundational to Springboard’s culture.

Location and travel

Springboard Collaborative’s headquarter office is in Philadelphia, PA. Applications are welcome from any location within the United States. This role will be performed primarily remotely, with occasional travel to participate in activities such as team retreats. Occasional visits to Springboard's headquarters could also be required to support financial functions.

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Role

Finance

Experience Level

Senior Level

Springboard Collaborative

Since 2012, we have grown Springboard's reach to nearly 20,000 students across 51 cities. Springboard consistently delivers best-in-class results. Students average a 3- to 4-month reading gain during each 5- or 10-week cycle, closing the gap to grade-level performance by more than half.
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