CFS · 20 hours ago
Chief Financial Officer
CFS is an established, mission-driven nonprofit entering a period of growth and transformation. The Chief Financial Officer (CFO) will manage all financial operations, oversee budgeting, and ensure alignment of resources with the organization's mission, while serving as a key member of the executive team.
Human ResourcesStaffing Agency
Responsibilities
Actively manage the day to day accounting and financial operations of the agency
Develop budgets for the agency as a whole, individual programs and new/proposed/expanded services, including the preparation of budget revisions as needed
Prepare, analyze and present monthly financial reports for the agency, its programs and activities
Report on financial results and issues to the CEO and Board of Directors
Oversee and review the preparation of all program financial reporting required for funding sources
Manage the Billing, Accounts Receivable and Accounts Payables functions/staffs and the integration of billing information from the Electronic Health Record system into the accounting system
Oversee the agency’s banking activities and actively manage cash flow to ensure it meets agency needs
Manage the negotiation and execution of agency contracts with funding sources, vendors and collaborative service providers
Manage accounting control systems and internal audits ensuring the accurate and timely production of accounting information and financial reports
Monitor changes in legal, regulatory and administrative environments and implement changes in procedures needed to maintain compliance while maximizing operational and financial results
Manage the agency’s liability insurance program, including ongoing risk analysis
Review efficiency/effectiveness of employee benefit programs, seeking approaches to lower costs where possible and consistent with required quality levels
Serve as the agency’s primary liaison with its independent Auditor to ensure the annual audit is completed smoothly and in a timely manner
Supervise the associate Director of Finance, the Sr. Accountant and the Director of Billing
Qualification
Required
Undergraduate degree in finance or business field from an accredited college or university
Five to seven years of senior management experience with organization with operations in excess of $5 million per year and over 100 employees in the health care sector, preferably with a non-profit agency
General accounting and financial reporting procedures in accordance with the State of Connecticut OPM Cost Standards, GAAP, and OMB Circulars A-133 and A-122
State of Connecticut contract/grant budgeting/reporting procedures and requirements
Human Resources related laws, regulations and practices
Payroll reporting and processing of payroll taxes
Employee benefits, including the management of health care and retirement plans
Current Health Care sector environment and trends
Electronic Healthcare Record system
General office software, particularly master level proficiency in Excel, and accounting software packages
Manage and oversee all aspects of the financial/accounting management function
Create, analyze and report on financial statements and budgets
Supervise staff, develop job descriptions and provide performance evaluations and improvement plans
Analyze and solve problems effectively and efficiently
Communicate effectively both verbally and in writing
Manage priorities effectively to meet deadlines and demonstrate multi-tasking skills
Assimilate new information and technology
Foster and cultivate business opportunities and partnerships
Preferred
Master's degree
Managerial experience with non-profit social service and/or health care agency providing services under contract with the State of Connecticut
Certified Public Accountant designation