Vice President of Finance

• Employee Type Exempt - FT
• Required Degree 4 Year Degree
• Manage Others Yes

Contact information

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• Email View email address on click.appcast.io

Description

Vice President of Finance

Wabash Valley Goodwill Industries

Reports to: President and CEO

Status: Full-Time, Exempt

Make an Impact Through Financial Leadership

Wabash Valley Goodwill is seeking an experienced and strategic Vice President of Finance to lead the financial operations of Wabash Valley Goodwill Industries and its related organizational entities, including The Excel Center of West Central Indiana.

This executive-level position is an opportunity to combine strong financial leadership with meaningful, mission-driven work. The Vice President of Finance will help ensure the organization remains financially strong, compliant, accountable, and prepared for continued growth.

Wabash Valley Goodwill’s mission is to improve the quality of life for people through employment and personal growth. Our core values of Respect, Integrity, Growth, Service, and Stewardship guide our decisions and how we serve our team members, customers, donors, students, and community.

Position Summary

The Vice President of Finance provides executive leadership and strategic direction for Wabash Valley Goodwill's financial operations and long-term financial sustainability of Wabash Valley Goodwill Industries and its related organizational entities, including The Excel Center of West Central Indiana. This position ensures the integrity of the organization's financial systems, accounting practices, budgeting, forecasting, financial reporting, internal controls, cash management, audit readiness, and financial compliance with applicable accrediting body standards.

The Vice President of Finance serves as a strategic partner to the President & CEO and Executive Leadership Team, providing financial analysis and recommendations that support informed decision-making, organizational growth, and responsible stewardship of resources. This position is expected to not only produce timely and accurate financial reports each month and submit returns as required but also to identify trends, risks, opportunities, and strategies that strengthen the organization's financial position and advance its mission.

The VP of Finance will collaborate with each department to develop accurate and achievable budgets, both on an operating and capital basis. Each month, they will ensure department leaders understand their financial performance with established financial policies. The VP of Finance will prepare materials for transmission well in advance of and attend the board meetings and finance committee meetings of both Wabash Valley Goodwill and The Excel Center of West Central Indiana to provide accurate, timely, and understandable financial information necessary for effective governance and oversight. These meetings are typically held quarterly.

Responsibilities

Provide strategic financial leadership that supports organizational sustainability, growth, and the mission of Wabash Valley Goodwill.

Serve as a strategic financial advisor to the President & CEO, Executive Leadership Team, and both boards.

Monitor investment account performance and interact with investment advisors and the board finance committee.

Analyze financial performance, trends, risks, and opportunities and provide actionable recommendations.

Align financial planning and resources with organizational strategic priorities, mission goals, and applicable accrediting body standards.

Lead organizational budgeting, forecasting, and financial performance management to ensure responsible stewardship and accountability.

Lead the annual budgeting process and perform reforecasts during the year if conditions change materially from budget.

Monitor financial performance against budget, reforecasts, and established KPIs, proactively addressing significant variances.

Implement processes for capital budgeting, capital approvals, and board sign-off on large capital transitions, according to the organization’s bylaws, including all aspects of financing, cash transfers, or investment liquidations, prior to entering any agreements.

Provide department leaders with clear department financial key performance indicators, accountability, and information, especially focusing on department-level factors that management can address through operations.

Ensure accurate financial reporting, sound accounting practices, and effective internal controls that protect organizational resources.

Oversee cash management, accounts payable, accounts receivable, financial aspects of payroll processes, and all accounting operations.

Produce accurate and timely financial statements, compliance reporting, and management reporting, including but not limited to reporting to internal and external parties (Goodwill Industries International, CARF, federal/state/local taxing authorities, retirement plan-related filing, and all state/federal related Indiana Charter School Board (ICSB), Indiana Department of Education (IDOE), State Board of Accounts (SBOA) reporting).

Establish and maintain effective internal controls, approval process, and financial policies consistent with applicable accounting, regulatory, audit, and accrediting body requirements.

Ensure the integrity of financial systems, records, and organizational assets.

Ensure appropriate separation, reconciliation, and reporting of financial activity by legal entity, including The Excel Center of West Central Indiana, in accordance with applicable accounting standards, entity-specific requirements, and organizational policies.

Maintain financial compliance and continuous readiness for audits, accreditation, and other external reviews.

Lead financial audit preparation and coordinate required financial, tax, regulatory, and accreditation documentation.

Maintain ongoing compliance with organizational policies, entity-specific accounting manuals, funding requirements, applicable laws, and accrediting body standards.

Ensure identified findings, risks, or compliance concerns are addressed, monitored, and resolved through sustainable corrective action.

Ensure Wabash Valley Goodwill Industries and The Excel Center of West Central Indiana maintain financial practices and records appropriate to their respective legal, regulatory, funding, grants, and reporting requirements.

Provide clear and meaningful financial reporting that supports executive and Board-level decision-making.

Present financial performance, forecasts, risks, and recommendations to the President & CEO, Executive Leadership Team, and the Board of Directors.

Translate complex financial information into understandable and actionable information for financial and non-financial leaders and reviewers.

Provide financial analysis (return, payback, NPV, IRR, etc.) for major investments, capital needs, new programs, services, and organizational growth opportunities.

Provide accurate and understandable financial reporting that clearly communicates the financial position and performance of each applicable entity to the appropriate Board of Directors, ensuring financial information is properly separated and presented in accordance with each entity’s governance, confidentiality, public reporting, legal, and regulatory requirements.

Drive continuous improvement in financial systems and processes to strengthen efficiency, accuracy, and organizational performance.

Evaluate financial processes, systems, controls, and performance data to identify opportunities for improvement.

Conduct frequent account reconciliations for vendors to ensure that all financial activities are balanced and meet goals within our key performance indicators.

Use technology, financial data, audit results, accrediting body findings, and performance measures to improve financial operations and decision-making.

Manage vendor relationships, evaluate costs, and oversee contract and agreement negotiations while proactively exploring competitive alternatives and new opportunities that improve value and elevate the financial and operational interests of both WVG and GWE.

Develop sustainable processes that strengthen accountability and support future organizational growth.

Build and develop a strong finance cadence that demonstrates accountability, leadership growth, and succession readiness.

Evaluate existing vendors and their functions as it relates to outsourced third-party partners, like accounting, IT managed service providers and propose retention of or alternatives to those arrangements.

Establish clear expectations, goals, and measurable outcomes for finance team members, ensuring each understands their respective KPIs and how their work impacts overall performance.

Coach and develop team members while holding leaders accountable for KPIs and development of their teams, including partnering with individual departments and their leadership to analyze performance metrics and identify opportunities for improvement.

Build bench strength through cross-training, professional development, knowledge transfer, and succession planning.

Perform other duties as assigned to support the organization and its mission.

Candidate Experience and Education

Bachelor's degree in Accounting, Finance, Business Administration, or a related discipline required. Master's degree in a related discipline and/or professional certification, such as CPA or CMA, preferred.

Progressive financial leadership experience with demonstrated responsibility for accounting, budgeting, financial reporting, forecasting, internal controls, audit preparation, risk management, and continuous quality improvement.

Experience in leading financial operations within a nonprofit, multi-location, education, workforce development, retail, or similar organization preferred.

Demonstrated knowledge of GAAP, financial compliance, internal controls, audit preparation, risk management, and continuous quality improvement.

Experience in supporting accrediting body accreditation or a comparable accreditation, regulatory, or compliance framework preferred.

Strong understanding of financial systems and technology, with the ability to improve financial processes, reporting, and data integrity.

Supervisory Responsibilities

Self-performs considerable aspects of the assigned financial functions with the long-term goal of developing the department and providing direct leadership and oversight of the Finance Department and assigned financial functions. Responsible for establishing goals and performance expectations; managing finance-related vendors; coaching and developing team members; monitoring performance; strengthening internal accountability; developing bench strength and succession readiness; and ensuring the Finance team maintains appropriate financial controls, documentation, compliance, audit readiness, and accrediting body -related responsibilities.

Physical Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Ability to remain seated and work at a computer for extended periods.

Ability to communicate effectively in person, virtually, and by telephone.

Ability to review detailed financial information, reports, and electronic records.

Ability to occasionally lift and carry materials weighing up to 25 pounds.

Ability to travel between organizational locations within our 12-county territory and attend meetings, trainings, and organizational events as required.

Overnight travel may be required and will be discussed in advance.

This position primarily operates in a professional office environment and requires regular interaction with executive leadership, department leaders, employees, auditors, Board members, and external partners.

The position requires regular travel between organizational locations to understand operations, support financial accountability, evaluate financial processes, and maintain an active leadership presence throughout the organization. The role may occasionally require participation outside normal business hours. When visiting retail, production, warehouse, or operational locations, the employee may be exposed to airborne particles such as dust, mold, pet dander, or other allergens and may be around moving equipment. The noise level in these environments may vary.

Equal Opportunity Employer

Wabash Valley Goodwill is an equal opportunity employer. Employment decisions are based on business needs, job requirements, individual qualifications, and other job-related factors. Wabash Valley Goodwill prohibits discrimination and harassment based on race, color, religion, sex, pregnancy, national origin, ancestry, age, disability, genetic information, military or veteran status, sexual orientation, gender identity, or any other characteristic protected by applicable federal, state, or local law.

Benefits summary

Wabash Valley Goodwill offers a comprehensive benefits package to eligible employees, including:

• Medical insurance
• Vision insurance
• Paid Time Off (PTO) accrual
• Eligible employer for thePublic Service Loan Forgiveness (PSLF) Program

Join an organization where your work supports both financial strength and a mission that makes a difference throughout the Wabash Valley.