Overview
Purpose of position : The Chief Financial Officer is a key member of the executive leadership team, responsible for overseeing all financial functions of the organization. This includes financial planning and strategy, financial reporting, risk management, capital management and compliance. The CFO provides strategic guidance to the CEO and Board of Directors to ensure the financial stability and growth of the organization.
Education / Experience / Licensure
- Bachelor’s degree and 5 years’ experience in a CFO or similar role, or 10 to 15 years of job-related experience. 5+ years preferably in a nonprofit setting
- Previous experience with insurance and legal
Fundamental duties
FinanceLegalCorporateOther duties as assignedo Direct and evaluate the organization’s fiscal functions and performanceo Supervise Finance Manager, Billing Department and Credentialing Specialist / Payroll Administratoro Evaluate the finance area structure, ensuring continual improvement of efficiency and effectivenesso Maintaining 501(c)(3) statuso Banking§ Maintain banking relationships and related accounts§ Negotiate financing and line of credit§ Negotiate all major leases§ Report on PRI loanso Cash Flow§ Monitor cash flow, and control cash§ Approve capital purchases and major expenditures§ Approve unusual payroll expenditures and offer letterso Develop and enforce written financial policieso Accounting§ Review general ledger, making needed adjustments, and close fiscal months / years§ Reconciliation of major bank accounts and loans§ Entry of selected vendor invoices§ Maintain LeaseCrunch software (lease amortization tracking)o Budgeting§ Approve all grant budgets, track grant expenditures and related reporting§ Coordinate budget development§ Create compensation, fixed assets and major expenses budgeto Reporting§ Provide accurate analysis, trends and financial reporting§ Perform cost accounting and financial analysis§ Manage annual financial audits and Form 990 preparation§ Assist with annual 401(k) and work comp audits§ Census Bureau reporting§ Calculate and report incentive program resultso Maintain Affordable Plan (sliding scale plan)o Maintain employer tax accounts in all relevant stateso Maintain and apply for property tax exemptionso Coordinate financial aspects of capital projectso Maintain adequate insurance on all exposures; coordinate insurance claimso Determine employee benefits package and contribution rates in conjunction with HR DirectorLegalo Liaise with company attorney(s)o Review contracts; approve contracts; maintain contract fileso Maintain good standing with Attorney General’s Office, Board of Dentistry, and Secretary of StateCorporateo Attend all Board of Director meetingso Call meetings of the Finance Committeeo Review of board meeting agendas and minutes for accuracyo Participate in the development of strategic planso Provide backup to Secretary of the Board#J-18808-Ljbffr