College of American Pathologists (CAP)
Vice President - Finance
College of American Pathologists (CAP), Winnetka, Illinois, United States, 60093
Vice President – Finance
College of American Pathologists (CAP)
– the world’s largest organization of board‑certified pathologists and a leading provider of laboratory accreditation and proficiency testing programs. The College serves patients, pathologists, and the public by fostering and advocating excellence in the practice of pathology and laboratory medicine worldwide.
Our Culture
CAP employees make a meaningful difference by partnering with colleagues, customers, and members on challenging and rewarding work.
CAP offers an energetic and collaborative work environment and encourages opportunities to develop skills—providing reimbursement for educational programs and events that enhance your expertise.
We offer a generous compensation and benefits package, 401K, and more.
Brief Description The Vice President of Finance is a key member of the leadership team, responsible for the strategic direction, management, and oversight of all financial operations. This role ensures the organization’s fiscal integrity, promotes sustainable financial growth, and supports the achievement of long‑term strategic objectives. The VP of Finance will oversee accounting, budgeting, forecasting, revenue, financial reporting, risk management, investments, and compliance functions.
The role reports directly to the Chief Operating Officer (COO).
Key Responsibilities
Develop and implement financial strategies aligned with the organization’s mission and goals.
Provide financial insight and recommendations to the COO and senior leadership team.
Implement and monitor systems, procedures, and controls to analyze the CAP financial position and lead the preparation of short‑term and long‑term financial forecasts, including cash flows, capital acquisitions, and investments.
Direct all aspects of accounting, budgeting, revenue management, and forecasting processes.
Oversee development of the CAP’s annual budget for presentation to the Finance Committee and Board, ensuring high levels of involvement and buy‑in across the organization.
Protect the College’s assets (fiscal, material, and human capital) through robust risk management and insurance programs.
Oversee preparation of accurate and timely financial statements, analyses, and reports.
Monitor key performance indicators and financial metrics to assess organizational health and performance.
Manage treasury functions, cash flow, investments, and debt portfolio.
Ensure compliance with investment guidelines, GAAP, IRS, state nonprofit requirements, and CAP policy.
Oversee internal controls, risk management, and audit processes to safeguard assets and ensure data integrity.
Coordinate with external auditors, regulators, and financial institutions.
Lead, mentor, and develop finance staff, fostering accountability, innovation, and continuous improvement.
Collaborate across departments to align financial objectives with organizational priorities.
Evaluate and implement systems and technologies to improve financial efficiency and reporting accuracy.
Actively coach and develop a high‑performing finance team.
Present financial reports and strategic recommendations to the Board of Directors, Finance Committee, Investment, and Audit committees.
Serve as a financial advisor to executive leadership and contribute to major business decisions.
Communicate complex financial information clearly to non‑financial audiences.
Knowledge, Skills, and Competencies
Exceptional analytical, strategic, and decision‑making skills.
Strong leadership and team‑building abilities.
Excellent communication and presentation skills.
Deep knowledge of financial systems, regulatory frameworks, and emerging financial technologies.
Demonstrated integrity, ethical standards, and commitment to organizational values.
Qualifications
Strong analytical and strategic thinking with a track record of driving cost reductions and operational excellence.
Bachelor’s degree in Accounting, Finance, or Business Administration required; MBA preferred.
CPA required.
10+ years of progressive leadership experience in finance, including at least 5 years in a senior executive role.
Proven experience managing complex budgets, investments, and strategic financial planning.
Nonprofit or healthcare experience strongly preferred.
Excellent leadership, communication, and change‑management abilities.
Proficiency in ERP/CRM systems and supply‑chain analytics tools.
Additional Criteria This position is based out of the Northfield, IL office. Candidates must reside within 75 miles of the Northfield headquarters.
Salary Range $215,000 – $260,000
Equal Opportunity Employer The CAP is an equal opportunity/affirmative action employer, providing equal employment opportunities (EEO) to all employees and qualified applicants for employment without regard to race, creed, color, religion, sex, gender identity and/or expression, national origin, age, ancestry, disability or genetic information, military status, sexual orientation, marital status, citizenship status, order of protection status, homelessness, or any other characteristic protected by federal law and the applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. Applicants have rights under Federal Employment Laws: Family and Medical Leave Act, Equal Employment Opportunity, Employee Polygraph Protection Act.
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– the world’s largest organization of board‑certified pathologists and a leading provider of laboratory accreditation and proficiency testing programs. The College serves patients, pathologists, and the public by fostering and advocating excellence in the practice of pathology and laboratory medicine worldwide.
Our Culture
CAP employees make a meaningful difference by partnering with colleagues, customers, and members on challenging and rewarding work.
CAP offers an energetic and collaborative work environment and encourages opportunities to develop skills—providing reimbursement for educational programs and events that enhance your expertise.
We offer a generous compensation and benefits package, 401K, and more.
Brief Description The Vice President of Finance is a key member of the leadership team, responsible for the strategic direction, management, and oversight of all financial operations. This role ensures the organization’s fiscal integrity, promotes sustainable financial growth, and supports the achievement of long‑term strategic objectives. The VP of Finance will oversee accounting, budgeting, forecasting, revenue, financial reporting, risk management, investments, and compliance functions.
The role reports directly to the Chief Operating Officer (COO).
Key Responsibilities
Develop and implement financial strategies aligned with the organization’s mission and goals.
Provide financial insight and recommendations to the COO and senior leadership team.
Implement and monitor systems, procedures, and controls to analyze the CAP financial position and lead the preparation of short‑term and long‑term financial forecasts, including cash flows, capital acquisitions, and investments.
Direct all aspects of accounting, budgeting, revenue management, and forecasting processes.
Oversee development of the CAP’s annual budget for presentation to the Finance Committee and Board, ensuring high levels of involvement and buy‑in across the organization.
Protect the College’s assets (fiscal, material, and human capital) through robust risk management and insurance programs.
Oversee preparation of accurate and timely financial statements, analyses, and reports.
Monitor key performance indicators and financial metrics to assess organizational health and performance.
Manage treasury functions, cash flow, investments, and debt portfolio.
Ensure compliance with investment guidelines, GAAP, IRS, state nonprofit requirements, and CAP policy.
Oversee internal controls, risk management, and audit processes to safeguard assets and ensure data integrity.
Coordinate with external auditors, regulators, and financial institutions.
Lead, mentor, and develop finance staff, fostering accountability, innovation, and continuous improvement.
Collaborate across departments to align financial objectives with organizational priorities.
Evaluate and implement systems and technologies to improve financial efficiency and reporting accuracy.
Actively coach and develop a high‑performing finance team.
Present financial reports and strategic recommendations to the Board of Directors, Finance Committee, Investment, and Audit committees.
Serve as a financial advisor to executive leadership and contribute to major business decisions.
Communicate complex financial information clearly to non‑financial audiences.
Knowledge, Skills, and Competencies
Exceptional analytical, strategic, and decision‑making skills.
Strong leadership and team‑building abilities.
Excellent communication and presentation skills.
Deep knowledge of financial systems, regulatory frameworks, and emerging financial technologies.
Demonstrated integrity, ethical standards, and commitment to organizational values.
Qualifications
Strong analytical and strategic thinking with a track record of driving cost reductions and operational excellence.
Bachelor’s degree in Accounting, Finance, or Business Administration required; MBA preferred.
CPA required.
10+ years of progressive leadership experience in finance, including at least 5 years in a senior executive role.
Proven experience managing complex budgets, investments, and strategic financial planning.
Nonprofit or healthcare experience strongly preferred.
Excellent leadership, communication, and change‑management abilities.
Proficiency in ERP/CRM systems and supply‑chain analytics tools.
Additional Criteria This position is based out of the Northfield, IL office. Candidates must reside within 75 miles of the Northfield headquarters.
Salary Range $215,000 – $260,000
Equal Opportunity Employer The CAP is an equal opportunity/affirmative action employer, providing equal employment opportunities (EEO) to all employees and qualified applicants for employment without regard to race, creed, color, religion, sex, gender identity and/or expression, national origin, age, ancestry, disability or genetic information, military status, sexual orientation, marital status, citizenship status, order of protection status, homelessness, or any other characteristic protected by federal law and the applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. Applicants have rights under Federal Employment Laws: Family and Medical Leave Act, Equal Employment Opportunity, Employee Polygraph Protection Act.
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