Vice President of Finance and Administration

Who We Are
The Foundation for Child Development (the Foundation) works at the
nexus of research, policy, and practice to enhance the lives of
young children from birth to age eight. Our mission is to harness
the power of research to ensure that all young children benefit
from early learning experiences that affirm their individual,
family, and community assets, fortify them against harmful
consequences arising from poverty, racism, prejudice, and
discrimination, and strengthen their developmental potential. Under
the leadership of its President, Vivian Tseng, the Foundation is
embarking on its next chapter as a small organization with a long
legacy of providing a “big voice” of “wide influence and impact”
for America’s children. The Foundation has approximately $120
million in assets, an annual grants budget of $3.5 million, four
full-time staff and a small corps of consultants and plans to grow
to 7 full-time staff in the next year.

Vice President of Finance and
Administration
The Vice President of Finance and Administration
(VPFA) will serve as a strategic partner to the Foundation’s
President and will report to her. Serving on the senior leadership
team, the VPFA provides strategic leadership for the Foundation’s
finances, operations, compliance, organizational development, and
grants management and the alignment of these functions with the
Foundation’s programmatic goals. The VPFA will oversee four expert
vendors that provide accounting, auditing, human resources, and
information technology support and is the primary staff liaison to
our investment advisor. The VPFA also supports the President in
strategic planning and is the executive liaison to the Board of
Director’s Finance Committee and Audit Committee.

This is a hybrid role that requires a minimum of two (2) days in
office per week. The Foundation’s offices are located at 475
Riverside Drive, Suite 248 in New York City.

Responsibilities
Strategy

• As a member of the senior leadership team, the VPFA contributes
  to organizational strategy and policy.
• As the Foundation embarks on a process to refresh its strategic
  directions, the VPFA will partner with the President to adapt the
  Foundation’s operations and finances to meet the organization’s
  evolving goals.
• Develop and implement strategies to optimize the Foundation’s
  finances and operations— accounting, auditing, human resources,
  grants management, information technology—in the service of its
  mission and goals. This includes partnering closely with Program
  staff to ensure that financial and operational systems best support
  programmatic needs.
• Serve as an executive liaison to the Finance Committee and
  Audit Committee.

Financial Management

• The VPFA is responsible for managing the Foundation’s financial
  and accounting systems with expert support from vendors to maintain
  the Foundation’s strong financial position, ensure proper financial
  controls, and comply with regulatory and reporting
  requirements.
• Oversee a robust system of financial policies, procedures, and
  standards. Design and implement improvements as appropriate.
• Lead budget development and monitoring.
• Manage the 990-PF and audit processes.
• Advise the President on financial planning, budgeting, cash
  flow, and policies.
• Support the Finance Committee and Audit Committees and present
  critical information in Committee and Board meetings.
• Support the Finance Committee in performing its
  responsibilities to oversee the investment policy and performance
  of the Foundation’s assets.

Organizational Development

• Design and lead organizational development activities to foster
  an organizational culture that emphasizes learning and improvement,
  collaboration, high performance, and agility in meeting the
  foundation’s mission.
• Oversee staff recruitment, onboarding, and training. Update and
  maintain job descriptions.
• Oversee staff performance review, supervision, and professional
  development systems. Design and implement improvements as
  appropriate.
• Develop compensation philosophy and salary administration
  policy and ensure that FCD maintains effective compensation and
  benefits plans to attract and retain talent.
• Oversee all other Human Resources issues, including legal and
  policy compliance, supervision of the Professional Employer
  Organization, and updating the employee handbook.

Administration

• The VP is responsible for all administrative functions
  including grants management, information technology, cyber
  security, insurance coverage, and office management.
• Oversee grants administration functions including the terms and
  conditions for new grants, grant payments, management of grant
  records, and grant reporting in close collaboration with program
  staff. Design and implement improvements as appropriate.
• Review and refresh, as needed, contracts and manuals to meet
  the Foundation’s IT and grants management needs.
• Negotiate or approve other contracts and agreements for the
  Foundation.
• Oversee management of our small office at 475 Riverside Drive
  in New York City.

External Engagement

• Represent the organization externally in operational and
  financial-related reporting and related responsibilities.
• Represent the Foundation in various affinity/membership
  organizations.

Qualifications

• College degree required, MBA or MPA preferred.
• Minimum 8-10 years of experience in a Finance management
  position.
• Minimum 5 years of managing and supervising, with the ability
  to effectively set priorities, monitor performance, and
  multi-task.
• Prior experience leading and managing audits.
• Strong interpersonal savvy and a demonstrated ability to work
  collaboratively and facilitate the work of other staff.
• Experience negotiating and managing business and service
  contracts, developing and overseeing budgets, and managing
  audits.
• Experience with grants or contract administration, preferably
  in a foundation, nonprofit organization, university, or hospital
  grants or contracts office.
• Human resources experience, including benefits administration,
  preparation of job descriptions, and knowledge of employment
  regulations and requirements.
• Advanced Excel skills and QuickBooks experience needed.
• Ability to clearly convey complex financial and technical
  matters in writing and verbally.
• Excellent judgment and integrity.
• A strong commitment to the Foundation’s mission.
• Private foundation experience preferred.
• Experience working with Private Employer Organziations (PEOs) a
  plus.

Compensation
The salary range is $170,000-$220,000, dependent on experience.

Benefits
For benefit-eligible employees, the Foundation for Child
Development offers Medical insurance (up to 85% employer-paid plans
available), Dental and Vision, Short-Term Disability (STD),
Long-Term Disability (LTD), Basic and Supplemental Life and
AD&D Insurance, a Flexible Savings Account (FSA) and Health
Savings Account (HSA). The Foundation also offers a 15%
contribution to employee retirement plans after one year of
employment.

Paid time off includes 20 days of PTO in the first two (2) years
of employment and 25 days thereafter.

___________

Employment at the Foundation for Child Development is based
upon personal capabilities and qualifications without
discrimination because of race, color, religion, sex, sexual
preference, gender identity or expression, age, national origin,
marital status, citizenship, medical condition, disability, or any
other protected characteristic as established by law.