Vice President Finance and Operations at iMentor

New York, New York, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

NonprofitIndustries

Requirements

Bachelor’s degree in Finance, Accounting, Business Administration, or related field (Master’s or CPA preferred)
Minimum 8–10 years of senior-level experience in finance and operations, and strategic planning, ideally within a nonprofit setting
Strong knowledge of nonprofit financial management, fund accounting, and regulatory compliance

Responsibilities

Develop and oversee the $25M annual budget and multi-year financial strategies in collaboration with the CEO, Chief of Staff, and department heads
Provide nimble strategic financial analysis and forecasting to guide executive decision-making
Partner with the Development team on grants management, compliance, and proposal development
Oversee all financial reporting, including monthly financial statements, grant reporting, and audits
Ensure compliance with GAAP, IRS regulations, and nonprofit accounting standards
Manage the organization’s investment portfolio and cash flow
Liaise with the Finance Committee and Board of Directors on fiscal matters
Lead or support special projects and initiatives that enhance capacity and mission alignment
Safeguard the organization through proactive risk management, compliance, and legal oversight
Oversee the development and consistent application of policies and procedures that uphold nonprofit compliance, transparency, and governance best practices
Collaborate with the Senior Director of Operations and Controller to manage the organization’s insurance portfolio
Build and steward strong relationships with financial institutions, vendors, and partners
Oversee contract management and renewals
Lead the national operations team to ensure work environments are functional, inclusive, and aligned with organizational values
Continuously identify opportunities for process improvement, cost-effectiveness, and technology-enabled innovation
Oversee the Senior Director of Operations to manage the organization’s facilities and real estate portfolio
Supervise and coach the Director of IT, ensuring that IT planning, implementation, and support advance organizational priorities and operational efficiency
Provide strategic oversight for the organization’s IT and infrastructure
Ensure cybersecurity and data privacy standards meet nonprofit sector best practices and legal requirements

Skills

Key technologies and capabilities for this role

Financial PlanningBudget ManagementFinancial ReportingGAAPRisk ManagementComplianceStrategic AnalysisForecastingGrants ManagementInvestment Portfolio ManagementCash Flow Management

Questions & Answers

Common questions about this position

What is the budget size this role will oversee?

The VPFO will develop and oversee the $25M annual budget and multi-year financial strategies.

Is this role remote or based in an office?

The VPFO will be based in NYC and report to iMentor’s CEO.

What skills are required for the Vice President of Finance and Operations role?

Key skills include financial leadership such as budgeting, forecasting, GAAP compliance, and nonprofit accounting; risk management and compliance oversight; and operational excellence in process improvement and team leadership.

What is the team structure for this position?

The VPFO will directly supervise 5 staff and indirectly oversee the work of additional Finance and Ops staff and vendors.

What kind of candidate is iMentor looking for in this role?

iMentor seeks a mission-driven financial steward, an excellent communicator and collaborator, someone who cares about developing a talented team, and a leader looking for a meaningful next step.

iMentor

Connects first-generation students with mentors

About iMentor

iMentor connects first-generation college students with college-educated mentors to help them navigate the challenges of higher education and career planning. The organization operates in New York City and Chicago, focusing on providing personalized support to students who are often the first in their families to attend college. iMentor stands out by partnering with high schools and relying on donations and grants to fund its mentorship programs. The goal is to bridge the opportunity gap for these students, ensuring they have the resources needed to succeed academically and professionally.

New York City, New YorkHeadquarters

1999Year Founded

VENTURE_UNKNOWNCompany Stage

Social Impact, EducationIndustries

201-500Employees

Benefits

Health Insurance

Dental Insurance

Paid Vacation

Paid Sick Leave

401(k) Company Match

Professional Development Budget

Hybrid Work Options

Pre-tax commuter benefits

Health Savings Account/Flexible Spending Account

Wellness Program

Risks

Increased competition from expanding programs like Big Brothers Big Sisters poses a challenge.

Potential donor fatigue could impact funding due to economic downturns or shifting priorities.

Scaling personalized mentorship while maintaining quality is a significant challenge for iMentor.

Differentiation

iMentor focuses on first-generation college students, a niche underserved by many programs.

The organization combines in-person and online mentoring, offering a hybrid model for flexibility.

iMentor partners with schools and nonprofits, providing a comprehensive support system for students.

Upsides

iMentor received a $2M grant from PwC to enhance career exploration curriculum in 2023.

The organization celebrates 25 years, showcasing its long-term impact and stability.

Partnerships with companies like William Blair help develop future finance leaders in Chicago.

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