Vice President, Chief Financial Officer

POSITION SUMMARY : Responsible for strategic direction and operational leadership of the agency’s financial and accounting performance. Reporting to the CEO and working as a senior leadership team member, play a critical role in developing and executing a strategic vision for the organization while ensuring its financial sustainability and growth. Provide leadership and coordination in the financial affairs of Community Residences and its four Affiliates. leverage innovative approaches to evaluate and mitigate organizational risks, optimize the use of assets, and drive financial performance in alignment with the organization’s mission and long-term goals.

PRINCIPAL DUTIES AND RESPONSIBILITIES

ESSENTIAL FUNCTIONS :

1. Collaborate with the CEO and executive team to define and execute a forward-thinking strategic vision that positions the organization for long-term success.

2. Oversee the strategic management of the organization's assets, including cash, investments, and other collateral, to maximize value and align with the strategic vision.

3. Utilize creative approaches to optimize existing resources, drive efficiencies, and explore new revenue opportunities.

4. Identify, evaluate, and mitigate organizational risks through innovative financial strategies and data-driven decision-making., while ensuring compliance with local, state, and federal reporting requirements.

5. Establish and monitor key financial and operational metrics to assess organizational performance and ensure alignment with strategic goals.

6. Maintains relationships with internal and external stakeholders, including board members, investors, financial institutions, and regulatory bodies.

7. Lead and mentor a high-performing finance team to ensure financial management, compliance, and reporting excellence.

8. Interact with and mentor managers throughout the organization to provide consultative and collaborative support to planning initiatives through financial and management information analyses, reports, and recommendations.

9. Oversees the investing and reporting of the financial condition of Community Residences Foundation. Support the evaluation and operational effectiveness of our property portfolio including the use of debt financing and alternatives.

10. Ensure record systems are maintained in accordance with generally accepted accounting standards. Develop and implement finance, accounting, billing, and auditing procedures. Ensure HR systems support periodic annual reporting requirements.

11. Establish and implement short- and long-range departmental goals, objectives, policies, and functional operating procedures.

12. Support the operational goals, initiatives and critical decision making while maintaining process ownership and integrity.

13. Support the Finance Committee of the CRi Board and directly interact with the chair of the committee and its members as needed.

14. Other duties as assigned.

OTHER JOB FUNCTIONS

1. Represent the company externally to federal, state and local funding agencies, provider organizations, and the general public as needed and in consultation with the CEO.

2. Recruit, train, supervise, and evaluate department staff.

3. Serves on the Senior Leadership Team.

KNOWLEDGE AND SKILL REQUIREMENTS

1. Experience in strategic planning, operational planning, and execution. Knowledge of contracting, negotiating, and change management. Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles. Knowledge of enterprise-wide systems, especially those in support of dispersed operations. Ability to analyze operational data to ensure stewardship of resources and prepare business reports, statements, and projections based on sound operational and financial acumen.

2. The work requires professional written and verbal communication and interpersonal skills. The ability to motivate diverse teams to produce quality materials within tight timeframes and simultaneously manage several projects. The ability to participate in and facilitate group meetings.

3. A willingness to occasionally work a flexible schedule in support of agency operations and / or initiatives

4. Strong analytical and problem-solving skills.

5. Knowledge of Virginia Medicaid’s processes and practices, or equivalent, is preferred. Direct experience with Medicaid Waiver-funded services or another type of program with similar characteristics is highly preferred.

6. Demonstrated experience with the following systems, or their equivalent; Sage Intact for Accounting (direct experience is a plus), Qualifacts’s Credible product for Electronic Health Records and UKG Ready as our Electronic Human Resource system.

MINIMUM QUALIFICATIONS REQUIRED

EDUCATION, EXPERIENCE, CERTIFICATE / LICENSE :

1. Bachelor’s degree in accounting and / or finance, or demonstrated functional experience.

2. 15 years of experience with documented progression in supervisory experience and or scope.

3. A demonstrated ability to make financial, employee and system decisions on all aspects of financial operations of organizations

4. Active CPA preferred

5. Non-Profit experience is preferred but not required.

PHYSICAL DEMANDS :

Mobility to get around in the office and in the community

WORKING ENVIRONMENT :

Office setting and some time visiting programs. Hybrid work schedule after an initial orientation period.

SUPERVISION RECEIVED :

Direct supervision by the CEO and President.

SUPERVISION EXERCISED :

Direct supervision of Controller

BENEFITS : CRi provides comprehensive benefits including health and dental care and HSA / FSA options and a 403b retirement plan. For more detailed information please ask for our annual benefits guide.