Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $80.9 billion and created 1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands – all to make home and community places of pride, power and belonging.

Join us at enterprisecommunity.org

Working at Enterprise

At Enterprise, you’ll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. You’ll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where you’re valued and supported in your growth journey.

Enterprise offers career opportunities in our offices across the country with an exceptional benefits package.

Job Description Summary

Reporting directly to the SVP Deputy CFO, the Assistant Vice President Finance, Solutions will be responsible for overseeing the finance team which is responsible for providing critical business support to the Enterprise Solutions Division. The Solutions Division provides community development organizations with funding, programs and technical assistance, and advances housing policy at every level of government. The Solution division is divided among Programs, Policy, and Advisory verticals and is funded by a combination of public financing (federal and state/local), private philanthropy (foundations, corporations, and family offices) and by Enterprise itself.

This position will be a key business partner and trusted strategic advisor not only to the SVP, Deputy CFO but also the Solutions Division President and divisional leadership teams. They must be a skilled data storyteller and cross-functional collaborator, with strong financial foresight and forecasting skills. These skills are critical in achieving Enterprise’s mission in a financially responsible manner. The Solutions Division has a diverse business model which requires an agile and flexible financial leader that can assist in managing philanthropic giving, grants, government contracting, fixed and hourly billing, cost plus and cost-reimbursement costing and billing models, pass-through grants, fund management and capacity building investment, all within the context of non-profit accounting, US GAAP and federal contracting frameworks. In addition, this position will play a prominent role in shaping cost allocations, billing and accountability processes, budgeting, analysis and ensuring we have the proper systems in place for controls and tracking. This leader requires a combination of financial and accounting knowledge, communication and people skills, confidence, a strategic mindset, and creativity to solve challenges collaboratively and pursue opportunities for growth. This position also serves in a fiduciary role by ensuring that financial controls are designed and operated in a manner that safeguards the assets of Enterprise and the funds it manages. The AVP, Finance Solutions must also be able to clearly communicate the financial outcomes of operating activities, provide information and revenue and expense trending that informs decision making and assist senior management in applying the information to future business strategies. The AVP, Finance Solutions will lead change management initiatives aimed at driving continuous process and system enhancements. This role will prioritize improvements that strengthen productivity and efficiency metrics, supporting overall business performance and long-term sustainability.

Job Description

Key Responsibilities

The AVP, Finance Solutions will work closely with SVP, Deputy CFO and the President of the Solutions Division, along with SVPs of the Solutions Division, as well as cross-functional departments, and other key shared services team leads. The successful candidate will have strong and diverse accounting and finance experience and will be able to manage the financial systems, processes, controls for the Enterprise Solutions finance team, be a strategic leader and must be an excellent communicator. Specific responsibilities will include:

Strategic Leadership

• As a true business partner to the Division President, Senior management team, Operations Management, and others, assess organizational performance against both the annual budget and the Division’s long-term strategy. Develop tools, metrics and KPIs to provide easy to understand, critical financial and operational information to the Division President and other Solutions leaders and make actionable recommendations on both strategy and operations. The role with need to balance the changing needs of the Solutions division and its constituents with a desire for effective, efficient and standardized financial processes.
• Engage with the Deputy CFO to present to the board, finance and audit committees around issues, trends, and changes in the operating model(s), operational delivery and in the industry. Assist in establishing yearly objectives and meeting agendas, and selecting and engaging outside consultants (auditors, investment advisors).
• Oversee long-term budgetary planning and cost management in alignment with the Enterprise strategic plan and financial sustainability targets, especially as the organization considers new initiatives, funding sources, sponsorships, and collaborations with external organizations.

Financial and Operational Management

• Oversee all accounts, ledgers, and reporting systems for the Division, ensuring compliance with appropriate Generally Accepted Accounting Principles, regulatory requirements, Office of Management and Budget audit requirements, and tax filings. Maintain internal control safeguards and coordinate all audit and tax activities for the Division.
• Obtain advanced understanding of the organization structure necessary for the preparation and analysis of results and communications with funders, internal/external partners, and auditors.
• Manage cash flow and forecasting. Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs. Work with the Vice President and Treasurer to optimize the handling of banking relationships and initiate appropriate strategies to enhance cash positions.
• Responsible for multiple revenue streams including federal, state and local government contracts and grants; corporate, individual and foundation philanthropic funding, funds and investments, and fee for service income, along with required reporting to the stakeholders
• Oversee budgeting and the implementation of budgets, to monitor progress and present financial metrics both internally and externally.
• Partner with Business Systems & Strategy, Information Technology and Operations Management teams to optimize finance and operational systems and ensure they meet the needs of the Division.
• Review and evaluate terms and conditions of operating and other funder agreements as appropriate to ensure that Enterprise meets its obligations and enforces its rights.
• Provide vision and drive the evaluation, design, and implementation of efficient and effective processes through increasing automation and consistency, leveraging systems and decreasing manual effort on routine activities. Work to remove roadblocks that prevent team members from providing support to business partners or from leading effectively and/or making advances in these areas.
• Periodically review policies and procedures to ensure internal controls over financial reporting are effective and functioning. Manage staff to ensure adherence to these standards.
  

Team Development

• Recruit, mentor and develop a team of approximately 9 employees, managing work allocation, training, problem solving, performance evaluation and the building of an effective team dynamic.
• Promote a culture, through clear communication, process, procedures, best practice standards, and tools that ensure the finance team upholds their fiduciary responsibility and that the well-being of funders and Enterprise is at the center of what we do. This entails effective oversight of resources and ensuring finance is a fiduciary of company resources.
• Reward and recognize teamwork, initiative, dedication and results.
• Take a leading role in industry meetings and conferences.
• Set a leadership example as a business partner to the Solutions executive team.

Qualifications

The ideal candidate for the AVP, Finance Solutions will be a seasoned and mature leader with at least 15 years of broad finance experience, ideally beginning in accounting, followed by experience gathering and evaluating financial information and being a business partner with actionable recommendations to senior leadership. The candidate will have experience managing the finance function (accounting, budgeting, control, and reporting) within a diverse, division-based entity. A successful candidate will also have a demonstrated ability to partner effectively with internal and external constituencies to implement creative financial management strategies. This candidate will have a depth of experience designing and improving sound accounting and financial systems and will have experience in the financial, corporate, and non-profit sectors.

The successful candidate will have:

• A strong educational foundation with a minimum of a BS, and ideally a CPA or CFA and/or MBA strongly preferred.
• Mature and proactive, with evidence of having worked as a true business partner to the President/CEO of a multi-divisional organization. Non-profit and government contracting experience is strongly preferred; if coming from the for-profit world, significant nonprofit board experience and/or work in affordable housing is required.
• Proven success in managing the financial operations of an organization with significant funding provided by federal contracts and philanthropic donors.
• Proven success leading and developing direct reports.
• Deep understanding of and experience with the Uniform Administrative Guidance, Cost Principals, and Audit Requirements for Federal Awards under 2CFR200.
• Strong experience in costing and billing rate methodologies.
• Strong analytical skills and experience interpreting a strategic vision into an operational model.
• An effective communicator at all levels in the organization, with strong oral and written skills and a willingness to share information.
• A collaborative and flexible style, with a strong service mentality.
• Ability to influence without formal authority and gain buy-in from key stakeholders.
• Creativity, with experience funding activities in ways that both cover costs and generate operating margins.
• Strong change management acumen and demonstrated ability to lead multifaceted change with successful outcomes, including demonstrated ability to maximize finance and accounting software (knowledge of Workday preferred, and Salesforce a plus), IT systems and processes, and engage in reengineering business processes to fully leverage IT tools.
• A career-long reputation for integrity, accountability, sound judgment and transparency, which includes the ability to effectively deal with sensitive and confidential information and meet commitments and deadlines.

Total Rewards at Enterprise:

You will be working with a group of talented professionals who are motivated by serving the community and addressing the need for affordable housing.

Enterprise offers a comprehensive total rewards package for you and your family.

The base salary for this role is $200,000 to $215,000, depending on level of skills and experience.

The salary range for this position is represented by the low and high end of the range for the amount to be paid for the position. Salaries paid at Enterprise will vary based on factors that may include skills, education, location, experience, and performance. The salary range is just a part of the total rewards package provided to employees at Enterprise, and other rewards may include annual performance bonuses and generous paid leave programs.

At Enterprise, our benefits form a major component of our total rewards package. Benefits include dental, health, and vision care plans, as well as family-building benefits, such as adoption and surrogacy support. Enterprise allows flexible work arrangements to promote a better work-life balance. We offer health advocacy, EAP, and mental health benefits. We round out our total rewards package by offering financial education, wellness programs, and auto-enrollment in the company's 401(k) plan with employer matching contributions. Finally, you will have learning and development opportunities, including tuition reimbursement for job-related courses and certifications. Thank you for your interest in joining the Enterprise team in our effort and commitment to serve others.

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