Job Information
Ohio Valley Goodwill Vice President of Finance & Accounting in CINCINNATI, Ohio
Ohio Valley Goodwill Industries is a 107-year-old mission driven social enterprise serving southwest Ohio, Northern Kentucky and Southeast Indiana. While most are familiar with our globally recognized thrift store operations, we are much more. Sales from these stores fund employment, training, education and a myriad of other programs and services to members of our community. In 2021, Goodwill placed 2,879 individuals in community employment, provided housing and other support to 373 Veterans and recycled more than 48 million pounds of donated material, all while being recognized as a best place to work.
Our organization is preparing to increase investments in our community by expanding services, growing foundational supports and adding to our retail store operations. Our team will drive these ambitious efforts as Servant Leaders supporting a fun and respectful work environment. Today, we are in search of our new Vice President of Finance, who will develop staff at all levels of the organization as we position our existing team to enter new markets. This position will report to the CEO and serve as our subject matter expert and strategic advisor supporting our mission to "provide rehabilitation services to persons of working age...to maximize their vocational independence." Job Summary: The Vice President of Finance and Accounting is a strategic leader responsible for overseeing the financial management of the organization. This role involves developing financial strategies, managing financial planning and analysis, ensuring compliance with financial regulations, and guiding investment decisions to support the organization's growth and sustainability while maintaining oversight of the day-to-day accounting functions. Key Responsibilities: Strategic Planning:
- Develop and implement financial strategies to support the organization's long-term goals and objectives.
- Collaborate with senior management to align financial planning with overall business strategy.
Financial Reporting:
- Oversee the preparation of accurate and timely financial statements, reports, and forecasts.
- Present financial information to the executive team and board of directors.
Budgeting and Forecasting:
- Lead the budgeting process, including forecasting revenues, expenses, and capital expenditures.
- Monitor financial performance against the budget and adjust as necessary.
Financial Analysis:
- Conduct in-depth financial analysis to identify trends, risks, and opportunities.
- Provide actionable insights and recommendations to drive financial performance.
- Evaluate the impact of different scenarios on financial outcomes; Assess best-case, worst-case, and base-case scenarios; Analyze how changes in key assumptions (e.g., sales volume, cost of goods sold, interest rates) affect financial projections and performance; Assess profitability and risk.
Cash Flow Management:
- Manage cash flow to ensure sufficient liquidity for operational needs and strategic initiatives. Optimize the use of cash and manage relationships with financial institutions.
- Compliance and Controls: Ensure compliance with financial regulations, accounting standards, and internal controls. Oversee audits and coordinate with external auditors.
Investment and Financing:
- Evaluate investment opportunities and financing options.
- Develop and implement strategies for capital allocation and funding.
Executive leadership of information technology:
- Responsible for shaping and driving the organizations technology strategy, ensuring IT initiatives align with overall business objectives.
Team Leadership:
Lead and develop the finance team.