Senior Vice President – Finance

ABOUT OPPORTUNITY INTERNATIONAL

Opportunity International is a global non-profit that has been empowering people to work their way out of poverty since 1971. Opportunity provides 18.7 million people with innovative financial resources, training, and support to grow their small businesses and send their children to school. In 2023, Opportunity International and its partners served 20 million clients, helped fund 7,000 schools that reached 1.9 million children, and they released more than $1.85 billion in capital across 31 countries. We serve all people regardless of religion, race, ethnicity, or gender. Discover more at opportunity.org or join the conversation on Facebook, LinkedIn, Instagram, and X.

ABOUT THE ROLE

The Senior Vice President of Finance is responsible for the overall operational direction of the organization’s financial and accounting functions, ensuring compliance with corporate and U.S. Government contracts and cooperative awards regulations, managing Opportunity’s corporate finance function, and overseeing subsidiary finance teams and reporting, cash management, and overseeing Opportunity’s investment portfolio and retirement plan assets. The role is critical in managing day-to-day finances and serving as a partner to the CFO to provide hands-on team management.

RESPONSIBILITIES

• Responsible for the overall operational direction and management of Opportunity’s global financial and accounting functions and teams.
• Partner with a dedicated executive group to drive the change that is required for rapid growth and expansion of the donor base, specifically government and corporate
• Administer and monitor all financial functions to keep the senior leadership team informed about the organization’s financial status.
• Prepare financial statements and ensure high standards of financial
• Maintain updated business policies and accounting practices to ensure timely and accurate financial statements.
• Present financial reports to organizational leadership, colleagues and stakeholders accurately and in a timely manner.
• Analyze and communicate monthly and annual financial statements to ensure the provision of financial reports for donors and individual projects and programs.
• Lead the annual audit process and liaise with external auditors and the board finance
• Develop Standard Operating Procedures and ensure that policies and procedures are in place to protect the organization’s assets, including, but not limited to, procurement and expense management procedures to prevent fraud.
• Assist the CFO in establishing strategic financial objectives and operating policies and procedures to ensure the attainment of corporate objectives.
• Collaborate with the CFO in creating sophisticated financial analysis and
• Ensure proper financial management by preparing and analyzing complete, timely, and accurate budgets and financial reports and managing financial control systems.
• Establish structures to ensure compliance with all finance-related S. federal and state, third-party, and other financial reports with GAAP, IRS, and other taxing entity requirements.
• Cooperate with the head of technical fundraising to ensure financial compliance with all grant funding contracts, including foundations, government agencies, or multilateral
• Review grant proposals and project budgets to ensure cost projections presented to donors are reasonable and complete.
• Tracking actual expenses against grant budgets to ensure
• Review contracts in partnership with the Chief Financial
• Implement and maintain proper procedures and policies that are compliant with USAID
• Responsible for proper procedures to ensure the organization maintains its tax-exempt status, including timely filing of 990 tax returns, state registrations, payroll tax reports, value- added tax, and sales tax reporting.
• Manage contracts with vendors and consultants and ensure proper fulfillment of
• Coordinate organizational contracts with legal counsel as
• Manage all company bank accounts, investment portfolios, and
• Serve as ERISA Fiduciary of Opportunity’s 403b plan, ensuring diversification of plan assets, reasonable fees, and compliance with regulations.
• Responsible for securing appropriate property, general liability, workers’ compensation, directors, and officers liability insurance for the US entity and all controlled
• Responsible for financial and operational updates presented to charity rating

 SKILLS AND EXPERIENCE

• Between 15-20 years of increasingly responsible experience as a senior Finance Executive, with supervisory responsibilities in non-profit organizations, preferably International
• MBA with a focus in finance, accounting or related field
• CPA
• Minimum of 10 years of relevant work experience in contract, grant, and project management with an emphasis on working with public sector-funded projects/programs (USAID, USDA, UNCDF, IADB, or similar) and coordinating USAID
• Experienced team leader with a demonstrated record of hiring, training, building, and retaining high- capacity teams.
• Demonstrated excellence in managing finance, accounting, budgeting, control, and
• Excellent understanding of FAR, AIDAR, and other USG rules and regulations and experience applying these rules and regulations to manage contracts effectively. Exceptional financial analysis and risk management skills with a strong operational
• Strong problem-solving and creative skills and the ability to exercise sound judgment and decisions based on accurate and timely analyses.
• An articulate communicator with strong oral, written, and presentation
• Ability to translate financial concepts and to effectively collaborate with program, marketing, and development colleagues with limited financial backgrounds.
• Experience in negotiations and contract
• A hands-on leader with unquestioned integrity and ethics and a desire to work in a growing and dynamic, mission-driven, values-based organization. Strong commitment to developing team members.
• Passionate about Opportunity’s mission, vision, motivation, and values, and can expertly promote and communicate the organization’s goals and objectives to external and internal

Other

• Language skills: Fluency in English, both written and oral, is Additional language skills a plus (Spanish, French)
• Travel requirements: Ability to travel both domestically and internationally up to 15% of the

KEY DELIVERABLES

• Unqualified audited financial statements
• Financially sound annual budgets
• Compliance with USG regulations as evidenced by single audit report
• Strong cash flow management
• Adherence with local rules, regulations and laws in multiple subsidiary operations

KEY RELATIONSHIPS

• CFO/COO
• Controller
• Tax Accountant
• SVP, Strategy
• Program Management Team Lead
• Chief Philanthropy Officer
• Executive Vice President, IPCS (international Programs & Capital Solutions)
• Heads of Programs, EduFinance
• Operations Directors, EduFinance
• Heads of Programs, AgFinance
• Operations Directors, AgFinance
• Senior Vice President, Human Resources

 APPOINTMENT TERMS

Location: Chicago IL, US. Candidates must have the right to work in the United States and be based in the Chicago area.

Salary and Benefits: $200,000 – $255,840 per annum.

Contract length: Permanent

HOW TO APPLY

Closing date: 18^th May 2025

To apply please click ‘Apply Now’ above

Candidates are kindly asked to submit a CV of no more than four (04) pages and a cover letter, preferably in MS Word. All application documents (cover letter and CV) should be submitted in English.

Should you require access to information in a different format to facilitate your application please contact us via [email protected]

Please name your files as follows:

FirstName_Surname_CV_SVPFINOI

FirstName_Surname_CL_SVPFINOI

CHILD PROTECTION COMMITMENT

Opportunity International believes that all children have a right to protection from any form of abuse regardless of gender, culture, ethnicity, age, religion, sexual orientation, or ability. Opportunity operates in line with international best practices for child protection and recognizes its responsibility to ensure that all employees. This policy applies to anyone acting on behalf of Opportunity or is involved in its programs in any capacity. All employees are subject to background checks, which include criminal checks and sex offender list checks, as allowed by local law.

EQUAL PAY & BENEFITS COMMITMENT

At Opportunity International, we are dedicated to maintaining transparency and fairness in our hiring process. Consistent with applicable law, compensation will be determined based on the skills, qualifications, and experience of the applicant along with the requirements of the position, and Opportunity International reserves the right to modify this pay range at any time. For regular roles, Opportunity International offers medical, dental, vision, life and AD&D, disability, accident, critical illness, cancer, and pet insurance, identity theft protection, 403(b), and paid time off. For more details on our benefits, please visit our website here.

DATA PROTECTION

Red Sea takes our responsibility towards protecting your personal data very seriously. The data you provide is processed in line with relevant data protection legislation. For the purposes of this recruitment, and as defined under the General Data Protection Regulation (GDPR), Red Sea is defined as the Data Controller.

Red Sea is committed to meeting the standards set out in our Equality and Diversity statement, acting in line with the UK Equalities Act 2010 and building an accurate picture of the make-up of the workforce in encouraging equality and diversity.