New

Treasurer

Vaco
$170,000.00 - $185,000.00 / yr
United States, New York, New York
Mar 03, 2026
Treasurer- 175-185K + Bonus- Mission-based NFP Financial Institution- NJ based, Hybrid About the Role: Our client is seeking an experienced Treasurer to lead enterprise-wide liquidity management and oversee financial reporting for their asset-based nonprofit organization. Reporting directly to the CFO, you will play a highly visible, strategic role in ensuring operational stability, managing a complex multi-entity structure, and driving capital strategy. You will serve as a key partner in maintaining the balance between our mission-driven objectives and our long-term financial health. Key Responsibilities Liquidity & Capital Management Cash Flow Strategy: Develop and maintain robust weekly, monthly, and annual cash flow models to ensure long-term operational viability. Reporting & Compliance: Deliver high-level liquidity reporting to the Board of Directors and manage critical debt covenant reporting and lender relations. Risk & Portfolio Management: Oversee the investment of excess cash while mitigating credit, counterparty, and interest rate risks. Strategic Growth: Cultivate new on- and off-balance-sheet liquidity sources, including banking partners, foundations, government entities, and private investors. Cross-Functional Collaboration: Partner with lending and portfolio teams to synchronize asset-liability management and refine internal liquidity oversight tools. Nonprofit Fund & Net Asset Management Fund Stewardship: Oversee the precise tracking and reporting of restricted versus unrestricted net assets. Grant & Capital Deployment: Manage the timely release of temporarily restricted funds and ensure all capital deployment adheres strictly to donor and funding mandates. Lifecycle Tracking: Provide oversight of the full grant and investment lifecycle across departments to ensure transparent financial stewardship. Accounting & Financial Oversight (Affiliated Entities) Audit & Regulatory Leadership: Direct annual audits and tax filings, including entity-specific requirements (e.g., Form 1120). Operational Accounting: Oversee core accounting functions, including journal entries, intercompany accounts, and balance sheet reconciliations. Variance Analysis: Provide actionable budget-to-actual variance analysis to inform executive decision-making. Real Estate & Lending Focus: Manage specialized accounting for real estate, including sub-ledger reconciliation (rental income, escrow balances) and property management fee oversight. Internal Controls: Maintain a rigorous internal control environment across the entire multi-entity structure. Qualifications & Competencies Experience: 10+ years of progressive leadership in treasury, financial management, and accounting. Sector Expertise: Deep knowledge of nonprofit accounting standards, specifically regarding restricted/unrestricted net asset structures. Industry Focus: Demonstrated expertise in asset-based, real estate, or lending environments is strongly preferred. Technical Acumen: Advanced modeling and forecasting capabilities; familiarity with debt covenant compliance and sophisticated lender relationship management. Professional Credentials: CPA, CFA, or MBA preferred. Leadership Style: Ability to thrive in a mission-driven, collaborative environment while providing clear, analytical, and authoritative financial guidance. Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com . Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal. By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to: the individual's skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.