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Northeast Kingdom Human Services (NKHS) · 7 hours ago

Chief Financial Officer - Northeast Kingdom Human Services

Newport, VT

Full-time

Onsite

Director/Executive

$150K/yr - $180K/yr

8+ years exp

Northeast Kingdom Human Services (NKHS) is a designated agency serving communities in Vermont. The Chief Financial Officer (CFO) will provide leadership for all financial operations, ensuring the organization's financial strength and sustainability through sound fiscal management and strategic planning.

Health CareHospitalMental Health

Responsibilities

Responsible for overall administration of accounting and financial operations, including revenue cycle, general accounting, information systems, and financial reporting in accordance with corporate policies and procedures

Manages accounting control systems and internal audits to ensure accurate and timely production of financial reports

Ensures timely, complete, and accurate financial records in accordance with Generally Accepted Accounting Principles (GAAP) and applicable audit guidelines of the federal government and State of Vermont

Prepares, analyzes, and presents monthly financial reports for the organization, its programs, and activities; monitors variances and reports to the Executive Director and Board of Directors

Provides regular financial updates, forecasts, and recommendations to the Executive Director and Board to support informed decision-making

Oversees and reviews preparation of all programs financial reporting required for funding sources

Oversees banking activities and actively manages cash flow to ensure operational liquidity. Develops reliable cash-flow projections and reporting mechanisms and optimizes banking relationships to enhance cash positions

Oversees coordination and activities of independent auditors, ensuring all A-133 audit issues and 403(b) compliance matters are resolved, and that annual financial statements meet GAAP and all federal, state, and contractual requirements

Prepares, oversees, and reviews the annual Operating Budget and Capital Budget(s) to ensure programmatic success and compliance with all contractual and regulatory requirements

Develops tools and systems to provide critical financial information to leadership and recommends strategic actions

Interprets legislative and programmatic rules and regulations to ensure compliance, disseminates relevant updates, and monitors adherence

Monitors changes in legal, regulatory, and administrative environments and adjusts internal procedures to maintain compliance and optimize results

Participates in developing new business and funding opportunities, including evaluating cost-effectiveness and drafting programmatic budgets

Serves as a key member of the Senior Leadership Team, assisting the Executive Director in decisions on NKHS's strategic direction, financial operations, and major policy development

Acts as financial liaison to the Board of Directors, providing expertise on the organization's financial position and participating in relevant board committees

Develops, distributes, and supports divisional and administrative staff in implementing financial protocols to ensure organizational integrity and effective decision-making

Works closely with Vermont Care Partners (VCP), the state-wide CFO group, and State of Vermont agencies to promote the Designated Agency (DA) system and ensure adequate funding for services

Represents NKHS professionally in internal and external committees and intra-agency meetings

Fosters collaboration across departments to support effective financial operations and organizational success

Supervises Controller in managing billing, accounts receivable, accounts payable, and integration of billing data between electronic health record and accounting systems

Coordinates contract negotiations and execution with funders, vendors, and collaborative service providers, assessing contract benefits and advising on programmatic design and implementation strategies

Oversees the organization's liability insurance program and conducts ongoing risk analysis

Reviews efficiency and effectiveness of employee benefit programs and seeks cost-effective solutions that maintain quality

Ensures strong internal controls are in place to safeguard organizational assets and maintain financial integrity

Qualification

Financial ManagementBudgetingAccounting PrinciplesCertified Public AccountantAnalytical SkillsManagement SkillsSupervisory SkillsCommunication SkillsOrganizational SkillsRelationship Building

Required

Master's degree in business administration, Accounting, or Finance preferred

Eight to ten years of experience in financial management required

Certified Public Accountant designation is a plus

Excellent management and supervisory skills

Excellent analytical and organizational skills

Proficient in database and accounting computer application systems

Excellent written and verbal communication skills

Basic knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems

Ability to form strong, trusting and supportive relationships with the Executive Director, Senior Leadership Team, NKHS Board of Directors, other agency staff, State employees and outside business associates and partners

Benefits

Medical, dental and vision insurance

Health Saving Account (HSA)

Generous paid vacation, sick time and holiday pay

403(b) with company contribution and match

Disability and life insurance

Employee Assistance Program

Company

Northeast Kingdom Human Services (NKHS)

Northeast Kingdom Human Services is a private, non-profit community mental health center that provides services in mental health, intellectual /developmental disabilities, and substance abuse/addictions.

Founded in 2015

Saint Johnsbury, Vermont, USA

201-500 employees