SVP - Finance Foundation

HonorHealth•Scottsdale, AZ

2d•Onsite

About The Position

The Senior Vice President of Finance provides executive leadership and strategic oversight of the Foundation’s financial operations, ensuring fiscal integrity, regulatory compliance, and alignment with its mission and philanthropic priorities. Working in close partnership with and under the direction of the President & CEO, the SVP supports the Board of Directors/Trustees and its committees with accurate, timely financial and operational information for governance and oversight. The role is a key advisor to the President and contributes to Board engagement as requested and coordinated through the President. The SVP leads financial management, including planning, budgeting, forecasting, reporting, gift accounting, grants administration, planned gift reporting, and stewardship of donor-restricted funds. The role ensures donations, deferred revenue, and revenue releases to the Health System and related entities are recorded accurately and comply with donor intent and accounting standards. It also oversees the investment portfolio, spending-policy compliance, endowment reporting, financial close processes, cash management, internal controls, financial systems, regulatory filings, and the annual audit. The position directly supervises the Controller, gift-entry administration team, grant accountant(s), and finance and database executive administrative support. It manages relationships with banks, portfolio managers, auditors, and independent contractors, and serves in coordination with the President as the Foundation’s financial liaison to the Health System’s finance leadership. The SVP maintains high standards of ethics, confidentiality, and professionalism and undertakes special projects at the request of the President, Board of Trustees, or senior leadership.

Requirements

Bachelor’s degree in Business with a Finance or Accounting emphasis.
At least 7 years of senior-level financial management and operations experience; nonprofit organization experience is preferred.
At least 5 years of supervisory experience.
At least 5 years in fundraising or a related business management field.
Extensive experience interpreting and applying state and federal regulations relative to research issues.

Nice To Haves

Nonprofit or foundation finance leadership experience with direct exposure to fundraising operations.
Master’s degree in Business Administration (MBA), CPA, and/or J.D.

Responsibilities

Provide executive leadership and strategic oversight of the Foundation’s financial operations and long-range financial strategy.
Partner with the President & CEO and support the Board of Directors/Trustees and its Finance and Audit Committees with financial information, analysis, materials, and recommendations as requested and coordinated through the President.
Monitor the Foundation investment portfolio, spending-policy compliance, and endowment reporting.
Direct financial planning, budgeting, forecasting, and review and interpretation of financial reports for executive and Board-level decisions.
Oversee the annual budget, ongoing financial monitoring, financial statements, regulatory filings, external reports, and financial information included in the Annual Report.
Maintain compliance with GAAP, Federal Grant Regulations (OMB Uniform Guidance), applicable nonprofit cost principles, and required federal tax filings, including IRS Form 990.
Oversee accounting and reporting for pledges, contributions, grants, charitable gift annuities, bequests, contracts, and other complex gift vehicles.
Ensure donor-restricted and deferred revenue is accurately recorded, tracked, and released to the Health System and related entities in accordance with donor intent and applicable standards.
Monitor grants and contracts for compliance with funding requirements and reporting deadlines.
Serve as the Foundation’s financial liaison to HonorHealth, coordinating on consolidation support, audit remediation, and internal-control matters.
Contribute to Foundation strategic planning and implement strategies for Finance and Gift Entry operations.
Oversee cash management, including receipts, deposits, transfers, investments, and purchasing practices.
Direct monthly, quarterly, and annual financial close processes and oversee the annual audit and presentation of results.
Evaluate and recommend improvements to financial systems, policies, procedures, internal controls, and fiscal operations.
Provide business and financial analysis of existing and proposed programs, services, and facilities to support sustainable operations and growth.
Lead, develop, and supervise the Finance and Accounting team, including the Controller, accounting and finance staff, gift-entry administration, grant accounting, and related administrative support.
Develop and strengthen accounting, reporting, and financial management systems and processes.
Ensure timely preparation and submission of programmatic, operational, fiscal, and personnel reports.
Foster a collaborative, ethical, accountable, high-performance work environment and undertake special projects at the request of the President, Board of Trustees, or senior leadership.