The GroundTruth Project is an award-winning, independent, nonpartisan, nonprofit news organization dedicated to supporting the next generation of journalists in the U.S. and around the world. Our mission is to advance sustainable, innovative, and equitable journalism that serves under-covered communities worldwide through on-the-ground reporting. GroundTruth is home to Report for America, a national service program. In 2021, we also launched a new global initiative, Report for the World, working with local partners in India, Nigeria and Brazil.
The Vice President, Finance has overall financial management responsibility for the organization and will develop and implement strategies for continued financial health of The GroundTruth Project. GroundTruth is a dynamic, growing organization that is constantly evolving and adapting to achieve its ambitious goals. The VP Finance will contribute to this growth by working closely with the Chief Operating Office to articulate financial options and choices for decision-making by GroundTruth’s executive leadership and Board.
The VP Finance will support GroundTruth’s ongoing operations by ensuring that the Finance team provides the planning, analysis and information needed by GroundTruth’s executive, management, development, program and operational teams to manage their respective areas. The VP Finance will also serve as a valued thought partner with the VP Development in shaping and managing complex grant revenue streams to achieve GroundTruth’s strategic direction and programs.
The VP Finance will provide overall management of the Finance Department, including a) developing strategy and goals, b) effectively managing department workforce to keep them aligned, focused, motivated, and high-performing, c) modeling GroundTruth’s values of an inclusive and respectful workplace and encouraging the same from the Finance staff and d) working closely with the departmental leaders to meet their needs for accurate, timely financial information, including the provision of this information to the over 250 newsrooms that are part of GroundTruth’s Report for America project.
The VP Finance will work closely with the Board Treasurer and staff the Finance Committees of the Board of Directors.
- Oversees and directs treasury, budgeting, audit, tax, accounting, grants administration, line of credit and financial risk management activities. Communicates and implements overall financial strategy
- Leads (develops, monitors, and revises) short- and long-term budgetary planning and cost management in collaboration with the Chief Operating Officer and in alignment with GroundTruth’s strategic priorities; works closely with all department leaders to monitor and develop the organization’s budget
- Oversees Controller in managing cash flow and forecasting; monitors investments; oversees financing strategies. Ensures maximization of accounting software
- Oversees Financial Analyst in managing grants revenue, including analysis and projections, internal reporting, grant budgeting and reporting. Develop Financial Analyst to assume increasing responsibilities, including support of the overall annual budgeting process
- Provides strategic recommendations to the Chief Operating Officer based on financial analysis and projections, cost identification and allocation, and revenue/expense analysis
- Serves as a strategic thought partner with the VP Development in shaping and managing complex grant revenue streams to achieve GroundTruth’s strategic direction and programs
- Ensures organizational compliance with all regulatory tax filings and audit requirements; oversees Controller in annual audit activities
- Provide overall supervision and leadership of finance staff in their accounts payable, accounts receivable, payroll and purchasing functions. Oversees accuracy of financial data entry
- Works in collaboration with the Controller in designing and implementing fiscal policies and procedures (internal controls) and ensures that staff maintains financial record systems in accordance with Generally Accepted Accounting Principles
- Oversees accurate monthly, quarterly and annual financial reports for the executive leadership, departmental leaders, Board of Directors and other audiences as require.
- Manages special projects, including 1) selection and implementation of new accounting software in collaboration with the Controller and represent Finance team in agency wide efforts to improve integration of agency data in collaboration with the Controller
- BA in Accounting, Master’s degree in Business, Economics, Finance, Non-Profit Management or other related field preferred or equivalent 10 years of experience in nonprofit finance
- Eight to ten years of broad finance experience, including experience with budget planning and management for a nonprofit organization, financial reporting, government contracts, the annual audit process, and experience in a leadership capacity
- Experience examining, developing, reengineering and recommending financial and technical policies and procedures
- Demonstrated excellence in managing finance, accounting, budgeting, internal controls and reporting
- In-depth knowledge of at least one nonprofit/fund-accounting software Characteristics:
- Results-oriented with superior skills in organization, planning, and attention to details
- Excellent analytical and problem-solving skills, with experience interpreting a strategic vision into an operational model
- Strong business acumen
- Excellent verbal and written communication skills
- Proactive, self-directed and reliable
- Strong sense of integrity, honesty, and ethics
- Ability to motivate and lead others
- Respectful of others; interacts with tact and sensitivity
- Flexible and collaborative work style with a strong service mentality
- Ability to manage many diverse yet concurrent project and responsibilities
- Ability to build and sustain great working relationships with employees, vendors, consultants, and colleagues.
Interviews may be conducted via video conferencing or in-person.
The GroundTruth Project is an equal employment opportunity employer and considers qualified applicants for employment without regard to race, gender, age, color, religion, national origin, marital status, disability, sexual orientation, or any other protected factor.