Commonwealth Foundation Jobs (NOW HIRING)

The Virginia Law Foundation (VLF) is looking for an experienced Chief Financial Officer/Corporate Treasurer to lead our Finance department.

The VLF is a 501(c)(3) non-profit organization dedicated to promoting, through philanthropy, the Rule of Law, access to justice, and law-related education. Through the generosity of our Fellows, donors, and supporters, the Foundation has awarded more than $33 million in grants to underwrite projects that facilitate our mission throughout the Commonwealth. Virginia CLE®, is the continuing legal education division of the VLF, and is the leading provider of continuing education to the Virginia legal community.

The Chief Financial Officer/Corporate Treasurer is responsible for the financial strategy, planning, compliance, and management of the VLF and reports directly to the CEO. The CFO/Corporate Treasurer works closely with the CEO, senior management, and the Board's Finance Committee to ensure alignment between the VLF's mission, goals, and objectives and its fiscal operations.

The successful applicant will work on-site four days per week at our beautiful office in Charlottesville, Virginia, and will work remotely on Fridays, if desired. Our full-time team members enjoy a competitive salary and an outstanding benefits package, which includes:

• Competitive health insurance, dental, and vision plans
• Paid holidays and a generous paid time off program
• 403(b) pension plan with employer contribution annually after one year of service
• Employer-paid life insurance and disability

The Chief Financial Officer/Corporate Treasurer is responsible for maintaining financial transparency, compliance with legal and regulatory requirements, and ensuring the optimized and cost-efficient use of resources. Residency in the metropolitan area of Charlottesville, Virginia will be required. Competitive annual base salary range of $125,000-$150,000, commensurate with experience.

• Bachelor's degree in finance, accounting, or a related field. Master's degree in business administration (MBA) or finance preferred.

• CPA (Certified Public Accountant) or equivalent certification is highly desirable.

• Minimum of 7-10 years of progressively financial leadership experience, preferably in the non-profit sector.
• Exceptional business and financial acumen with a proven record of effective budgeting, forecasting, and financial controls.

• Strong understanding of non-profit accounting principles, including fund accounting, and legal requirements and best practices for non-profit financial management.
• Excellent organizational, leadership, and team-building skills.
• Ability to communicate complex financial information to non-financial stakeholders.
• Advanced knowledge and skills in budgeting, financial forecasting, and analysis.
• Strong attention to detail and accuracy in financial reporting.
• Demonstrated ability to work collaboratively in a fast-paced and mission-driven environment.
• Proficiency with Netsuite and Great Plains accounting software and Microsoft Office Suite.
• Demonstrated expertise in developing, maintaining, and integrating digital tools and online resources to enhance the functionality and efficiency of the ERP system, website, and organizational operations.

• Develop and implement financial strategies that align with the organization's goals and mission.
• Oversee all financial operations, including budgeting, forecasting, accounting, and reporting.
• Develop and manage the organization's budget in coordination with the CEO and the Board of Directors.
• Monitor and analyze financial performance, preparing regular financial reports for the leadership team and the board.
• Direct all accounting activities and ensure adequate internal controls and safekeeping of funds and assets.

• Ensure compliance with all applicable laws, tax obligations, and regulations (e.g., IRS 990 filings).
• Oversee the organization's accounting functions, including general ledger, accounts payable/receivable, payroll, and financial reporting.
• Review 1099s at year-end.
• Coordinate and manage the annual audit process and ensure timely and accurate reporting.
• Maintain financial records in accordance with accepted accounting principles and industry standards.

• Develop and implement financial policies and procedures to ensure sound fiscal management and safeguard the organization's assets.
• Ensure compliance with all federal, state, and local financial regulations.
• Manage the timely and satisfactory completion of all audits.
• Serve as an Administrator/Trustee for VLF's 403(b) retirement plan and chairs the VLF's retirement plan investment review committee, leading the committee's quarterly meetings and managing related vendors' performance on behalf of the organization.

• Provide financial reports and forecasts to the CEO, senior management, and the Board Finance Committee.
• Prepare timely financial statements, balance sheets, income statements, and other required financial documents.

• Assist in long-term strategic planning by providing financial input and analysis to support decision-making.
• Work closely with the development and philanthropy team to align financial strategies with revenue-generating efforts such as grants, donations, and sponsorships.

• Supervise, mentor, and develop finance staff, fostering a culture of collaboration and accountability.
• Ensure continuous improvement in the financial management processes of the organization.

Virginia Law Foundation is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We will not discriminate against applicants or employees on the basis of race, color, religion, national or ethnic origin, age, sex, pregnancy (including childbirth or related medical condition), disability, genetic information, gender identity, military status, citizenship, or any other class protected by applicable law. The Virginia Law Foundation reserves the right to alter, change, modify and/or terminate this job posting at any time without notice or obligation to any party.