Managing Director for Finance and Operations

Location: Remote - United States, United Kingdom, or Kenya Reports to: Chief Executive Officer Type of Role: Full-Time, Indefinite About Village Capital Village Capital, is a US domiciled 501(c)3 that delivers entrepreneur support programs and manages blended pools of investment capital. Known for its innovative approaches to supporting founders building solutions to social, economic, and environmental challenges, Village Capital unlocks social and financial capital for early-stage companies to maximize business and impact growth. Since 2009, Village Capital has supported over 2,000 startups that have raised over $9 billion in follow on investment capital. Role Overview The Managing Director for Finance and Operations will oversee the finance and operations department of Village Capital, ensuring its financial health, compliance with regulations, and operational efficiency. The ideal candidate is a multi-disciplinary leader who is both innovative and detail-oriented and excels at balancing strategic financial management with hands-on operations oversight. In coordination with the CEO and the Managing Director for Impact Investments, this role will be tasked with driving forward Village Capital s financial strategy and operational model. Experience in investment is essential to effectively integrate Village Capital s revenue model, historically reliant on restrictive grant funding, with its fit for purpose investment strategy. Village Capital is a nonprofit impact investor; therefore as an intermediary, the business model is dependent on successful delivery, and management, of blended finance. The Managing Director for Finance and Operations should possess expertise in investment management: familiarity with fund administration, investment facilities, and accounting practices, as well as a knowledge of blended finance, and willingness to innovate on how to integrate Village Capital s ongoing investment strategy within the organization s accounting and operations strategy. Global asset management understanding is key, including ability to manage multi-currency transactions, underwrite and recognize debt and alternative investments, and accompanying accounting and financial modeling skills. Reporting directly to the CEO, the Managing Director for Finance and Operations will play a critical role in aligning financial and operational strategies with Village Capital s goals. Key Responsibilities Financial Leadership • Financial Management, Reporting, and Compliance • Build the strategy for updating and implementing automated systems and processes to collect, analyze, and report financial data accurately and timely. • Oversee the preparation of monthly and annual financial statements, dashboards, as well as forward-looking projections to inform the CEO, senior management, and board of directors decision making. • Manage investment and grant funding pipeline data collection; track financial performance, and ensure compliance with financial reporting requirements. • Budgeting, Audit, and Tax Compliance • Manage year-end close processes, annual budgeting, and financial planning, including board approval and variance analysis. • Oversee annual audits and tax filings (e.g., Form 990), including program-specific audits, ensuring timely completion with minimal findings. • Cash, Asset, and Grant Management • Develop and operate cash strategy: optimize the cash runway with efficient management of restricted and temporarily restricted assets and free cash; meet board requirements for cash and unrestricted net assets reserves. • Oversee the strategy and administration of fiscal sponsorships, re-grants, and other pass-through funds. • Develop updated product and service financial model, pricing, and budgeting in line with business model forward strategy. • Impact Investments Financial Management and Strategic Support • Build and oversee a fully-integrated back office to support the investment strategy: administration of program-related regrants, direct investments, and investment structures to improve operational efficiency and strengthen overall accounting of liquid and non-liquid assets. • Strategically support the Managing Director of Impact Investments in the creation of investment vehicles and ongoing fund administration, as well as ensure investment, finance, operations, and data analytics staff operate in coordination with accounting and finance functions. Compliance, Internal Controls and Risk Management • Maintain robust internal financial controls and ensure regulatory compliance. • Monitor financial and tax implications of investment holdings and provide guidance on agreements and contracts. • Oversee corporate administration, including regulatory compliance, contract reviews, external legal services, recordkeeping, incorporation filings (e.g. Delaware), and regulatory (FINRA/SEC) filings. • Oversee team management of IT, annual technology budget, and IT personnel (contractors and/or ...