What are the responsibilities and job description for the CHIEF FINANCIAL OFFICER (CFO) position at Central Minnesota Mental Health Center?
WHY CMMHC?
At Central Minnesota Mental Health Center, our team members are our strongest asset. We strive to attract and retain passionate people who want to live out our mission and make a difference in the communities we serve. We are motivated to provide a supportive and caring environment with a comprehensive benefits package and opportunities for career development. We are privileged to offer services and employment opportunities at multiple sites within the four-county area. Central Minnesota Mental Health Center is an Affirmative Action and Equal Opportunity Employer.
CAREERS INSPIRED TO SUPPORT
CMMHC has a rewarding opportunity to serve as a Chief Financial Officer (CFO) within our Waite Park team. We truly exercise a people first mindset. We know that providing a caring and supportive environment for our clients begins and ends with our employees. We are looking for compassionate people to join our mission. We will offer a great place to work, a collaborative team environment, and resources to support your personal and professional development.
HOW YOU’LL MAKE AN IMPACT
The Chief Financial Officer (CFO) is the senior executive responsible for financial planning, financial reporting, compliance, tax, treasury, revenue cycle management and accounting operations.
Leadership
- Provides leadership, management and direct supervision to the Accounting and Billing Managers and the Purchasing Specialist.
- Has the ability to analyze and comprehend strategic business needs and develop financial plans to support those needs.
- Provides financial analysis, forecasts and implications, and compliance review for strategic planning and initiatives.
- Monitors business performance with tracking tools, establishes corrective measures as needed, and prepares detailed reports for the CEO, Board, Committees, management team, and staff.
- Fulfills leadership role as a member of the Executive Leadership Team and collaborates to establish long-range goals, strategies, plans and policies.
Finance & Operations
- Manages and actively participates in month-end close cycle including accounts receivable, accounts payable, grants receivable, revenue/expenses, bank reconciliations, cash flow projections, etc.
- Creates and presents an accurate annual budget recognizing income and expenses by program and revenue source. Works in collaboration with team to gather information, support, and commitment to execute the financial work plan. Prepares budget forecasts for future organizational planning.
- Maintains the integrity of all financial transactions. Requires that income recognized and expenses incurred comply with the organization’s policies and procedures and state and federal laws.
- Creates and maintains financial standards and internal control procedures to comply with GAAP and FASB standards.
- Maintains relationship with financial institutions, makes deposits, audits and reconciles accounts and processes, etc.
- Provides financial statement analysis and recommends areas of opportunities.
- Reports statement variances to the CEO, Finance Committee, and staff.
- Reviews, reconciles, prepares, and submits accurate information for Financial Audit and Form 990. Works with auditors for timely compliance with requests and achieves a clean audit opinion.
- Maintains integrity of data systems, information gathered and input, and processes to produce accurate data consistently.
- Oversees grant compliance as related to financial activity. Works with team to reconcile grant income and expenses, adhering to grant award criteria and standards.
General
- Maintains workflow and organization, prioritizing tasks to best meet the overall needs of the organization.
- Promotes Central Minnesota Mental Health Center, its, Mission, Vision, Core Values, programs, and achievements to the public and staff.
- Complies with all policies & procedures, participates in company meetings, events, and training, and represents the organization in a professional manner.
- Seeks professional development to enhance job performance and productivity.
- Performs other duties as required.