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Vice President of Finance

Job in Palo Alto, Santa Clara County, California, 94306, USA
Listing for: Lucile Packard Foundation for Children's Health
Full Time position
Listed on 2025-12-02
Job specializations:
  • Finance & Banking
    Financial Manager, CFO
  • Management
    Financial Manager, CFO
Salary/Wage Range or Industry Benchmark: 265000 - 280000 USD Yearly USD 265000.00 280000.00 YEAR
Job Description & How to Apply Below

The Lucile Packard Foundation for Children's Health, in partnership with Stanford Medicine and Lucile Packard Children's Hospital, unlocks philanthropy to transform health for children and families in Northern California - and around the world. Through fundraising and grantmaking, the Foundation drives scientific research, innovation, and policy change that will improve care, advance cures, and reform healthcare systems for this and future generations.

MAIN

FOCUS:

The Vice President of Finance provides strategic financial leadership to drive organizational performance and long-term growth. As a trusted advisor and thought partner to senior leadership, this role ensures disciplined financial oversight, aligns resources with the Foundation’s goals, and strengthens the organization’s capacity to advance its mission.

LOCATION:

Hybrid Position – the candidate will work at least eight (8) days per month in our Palo Alto, CA office; the successful candidate will be based in the Bay Area.

WHAT YOU'LL DO...

The Vice President of Finance (VP Finance) plays a central leadership role in overseeing the Foundation’s accounting, finance, investment, tax, treasury, and regulatory compliance functions. The VP Finance leads the Finance team and ensures strong financial stewardship, effective risk management, and disciplined investment oversight. This leader provides forward-looking analysis, modeling, and forecasting to support informed decision-making across the organization and to ensure financial management aligns with the Foundation’s goals and long-term growth.

The VP Finance also manages the Foundation’s $170 million investment portfolio in partnership with an external investment advisor, ensuring disciplined execution of investment policies, compliance with governance standards, and clear and timely reporting to Board committees. In addition, the VP Finance partners in staffing the Audit and Investment & Finance Committees, offering thoughtful guidance and insight to senior leadership to support strong financial governance.

The compensation range for this role is $ 265,000-$280,000 annually.

YOU'LL BE RESPONSIBLE FOR... Leadership & Oversight
  • Lead, mentor, and develop a high-performing finance team (currently four staff), ensuring excellence in accounting operations, reporting, and compliance.
  • Collaborate with senior leaders across the organization to align financial resources with fundraising strategies and Foundation priorities.
  • Evaluate and improve financial processes to enhance efficiency, accuracy, and scalability, leveraging technology and AI tools where appropriate.
  • Uphold the highest standards of internal controls, financial rigor, and stewardship to safeguard the Foundation’s resources.
  • Oversee internal and external audits and ensure timely and accurate tax preparation and filings.
  • Build strong, trusted partnerships with colleagues at Stanford University, the Stanford School of Medicine, and Lucile Packard Children’s Hospital.
  • Lead financial modeling and long‑range planning to analyze resource needs in support of long‑term revenue growth goals.
  • Oversee the annual operating budget and deliver monthly financial reporting and analysis to the Executive Leadership Team.
  • Direct the monthly financial close, including review and approval of investment valuations, financial statements, and budget analyses.
  • Serve as the Foundation’s lead resource for evaluating accounting treatment of significant or unusual transactions, ensuring GAAP compliance and appropriate disclosure.
  • Manage all investment, bank, brokerage, and trust accounts.
Governance & Board Support
  • Partner in staffing and supporting the Audit and Investment & Finance Committees.
  • Prepare and present financial and investment materials for Board committees.
  • Provide clear, consistent reporting on financial performance, investment results, and emerging risks to support sound financial governance.
Investments & Cash Management
  • Manage the relationship with the Foundation’s external investment advisor to ensure effective implementation of investment strategies and directives.
  • Monitor portfolio performance and asset allocation, ensuring adherence to investment policies.
  • Develop…
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