We are seeking a VP of Finance & Administration (VPFA) for our client, Activation Capital, a self-sustaining, mission-driven organization created to grow the number of life sciences and advanced technology businesses by and for the Commonwealth of Virginia since 1992. The organization provides a portfolio of resources to entrepreneurs and entrepreneur support organizations translating science and technology into world-changing companies.
The VPFA is a key strategic role with hands-on responsibility for the development of Activation Capital's financial management strategy, contributing to the development of the organization's strategic goals, and providing insight into opportunities for long-term financial growth. The individual contributor has a span of control encompassing business & financial planning, annual budgeting, forecasting, accounting, financial analysis, management & performance reporting, and HR/Benefits administration. The annual budget is $1.5M+ with primarily commercial real-estate assets of $20M. This role is part of a small entrepreneurial team located in downtown Richmond, VA reporting to the President.
Activation Capital is aligned with UN Sustainable Development Goals targeting Gender Equality, Decent Work & Economic Growth, Industry, Innovation & Infrastructure, and Reduced Inequalities. The organization values agility, an entrepreneurial mindset, collaboration, impact and inclusion. Learn more at www.activation.capital!
Summary of Job Responsibilities and Requirements
Strategy, Vision, and Leadership
Advise the CEO and Board of Directors on capital strategies, financial planning, budgeting, cash flow, investment priorities, and policy matters.
Serve as the management liaison to the Board and Finance & Audit Committee.
Contribute to the development of Activation Capital's strategic goals and objectives.
Financial Planning & Forecasting
Oversee financial forecast, including analysis and insights into the key drivers, assumptions, and changes.
Build and maintain forecast reporting formats and processes.
Contribute to the development of revenue generation and growth planning involving multiple revenue channels.
Participate in building business cases for new initiatives, capital investments, and partnerships.
Annual Operating Planning
Lead the annual operating plan and budgeting process, ensuring alignment with strategic focus and priorities.
Provide recommendations regarding opportunities, risk management, and resource allocation.
Accounting, Administration & Controls
Maintain an appropriate system of policies, internal controls, accounting standards, and procedures under the General Accounting Standards Board (GASB).
Improve administrative and operational accounting services such as treasury management, retirement plan, grants payment processing, payroll/HR, accounts payable, and purchasing.
Oversee management of administrative areas (including HR, IT, & contracts), responsible for creating systems and processes that are effective and efficient.
Manage accounting/reporting to ensure compliance with GASB audit standards and statutory requirements.
Provide operational support for affiliate organizations and coordinate financial reporting.
Manage relationships with third-party finance vendors, payroll management, auditors, tax vendors, etc.
Financial Analysis & Business Performance Reporting
Report on business performance, including financial results and key metrics, providing analysis and insights.
Help design and maintain reporting on business & financial results, including scorecards and dashboards.
Promote consistent business modeling, milestones, and dashboards by affiliate organizations.
Advise the organization on tools and solutions to increase efficiency in forecasting, analysis, and reporting.
Other special projects and tasks as assigned.
Key Qualifications, Skills, and Abilities
Bachelor's Degree in Business, Accounting, or Finance; MBA is desired. CPA or CMA is a plus.
Minimum of 10+ years of progressive experience in Finance and Accounting, with significant FP&A exposure.
Highly skilled in QuickBooks Desktop and Excel; exposure to State pension systems.
Experience with government/nonprofit finance and accounting regulations.
External audit and in-house financial management experience.
Mastery of business modeling, management reporting and analytic tools to assist with revenue generation.
Experience in Human Resources and benefits administration; Dominion iSolved experience a plus.
Experience with commercial real-estate and / or venture-backed entrepreneurship organizations a plus, not required.
Collaborative with excellent verbal and written communication skills.
Represents the organization in a professional manner to the community, vendors, and internal personnel.
Typical full-time work schedule is Monday through Friday.
Offer of employment is contingent upon successfully completing pre-employment background screening and professional references.
Competitive Salary & Rich Benefits Packageincluding health, dental, vision, life & AD&D, LTD, STD, LTC, FMLA, paid holidays, paid time off, retirement and deferred compensation plan with matching contributions! Professional development reimbursement, work life balance / flex schedule opportunity and wellness initiatives.
Apply by sending your resume and cover letter. This position will remain open until filled.
EOE M/F/D/V On behalf of its client, Warren Whitney reserves the right to alter, change, modify and/or terminate this job posting at any time without notice, or obligation, to any party.
About Activation Capital
Warren Whitney is a results-oriented management consulting firm based in Richmond, Virginia. For over 30 years, Warren Whitney has been dedicated to serving privately held and nonprofit organizations in four areas: Strategy, Finance/Accounting, HR, and IT. Our expert consulting professionals offer objective, impactful strategic advice, followed by execution catering to our clients’ needs. We listen and partner with our clients to customize a strategic approach in a practical and cost-effective manner. Proudly headquartered in RVA.