Director of Finance

Hospital Cooperative Laundry, HCL, Colorado's largest commercial healthcare laundry, is hiring a Director of Finance to lead and undertake all aspects of the financial management and accounting in accordance with HCL and HHS-FMA policies and procedures. Responsibilities include financial planning, analysis, budgeting, forecasting, and reporting.

Responsibilities

    FINANCIAL PLANNING AND ANALYSIS

• Lead the development of financial models, forecasts, and long-term strategic plans.
• Supervise and manage the budgeting process, ensuring alignment with company goals and initiatives.
• Prepare monthly, quarterly, and annual financial reports and present insights to the management team and board of directors.
• Identify trends, potential risks, and opportunities in financial data to support strategic decision-making.

    BUDGETING AND COST MANAGEMENT

• Monitor and communicate departmental spending, ROI and adherence to budgetary constraints.

    CASH FLOW AND TREASURY MANAGEMENT

• Oversee cash flow planning to ensure the organization’s liquidity and solvency.
• Manage relationships with banks and financial institutions and optimize banking operations. Ensures all bank covenants are observed and reports to management team of potential issues. Prepares all compliances worksheets, including governmental compliances
• Ensure effective investment and asset management practices.

    ACCOUNTING AND COMPLIANCE

• Ensure accurate financial reporting in compliance with GAAP, FASB, SEC mandates and other regulatory requirements.
• Conducting monthly internal and yearly external audits, ensuring all issues are resolved, all testing is completed, and recommendations implemented.
• Administer the compliance of robust internal controls and policies to protect the organization’s assets.

    TEAM LEADERSHIP AND DEVELOPMENT

• Lead, mentor, and develop the finance team to foster growth and excellence.
• Promote a culture of accountability, high performance, and continuous improvement within the finance department.
• Facilitate cross-departmental collaboration to optimize resource utilization and improve financial understanding across the organization.

    RISK MANAGEMENT

• Identify and mitigate financial risks.
• Oversee insurance and risk management programs.
• Work closely with the management team and board of directors to align risk management practices with overall business strategy.

• Maintains a safe, secure, and healthy environment by adhering to HCL’s standards and policies and all government legal regulations and alerting management regarding potential concerns.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or Economics.
• A minimum of ten (10) years of professional accounting experience. 
• A minimum of five (5) years of management role withing the finance field.
• Knowledge of Microsoft Dynamics GP and/or Dynamics 365 Business Central Accounting.
• A thorough understanding of accounting principles and internal controls. GAAP, FASB and SEC mandates.
• Knowledgeable of city, county, state, and federal laws when and if applicable as it relates.

On-site Position

Benefits

• Insurance Benefits:  As a full-time employee of Hospital Cooperative Laundry, you will be eligible for medical (80-90% premium paid by HCL), life (100% paid by HCL), voluntary dental, voluntary vision, voluntary accident and voluntary critical illness, 1^st of the month following 60 days of continuous employment. Employee Assistance Program.
• Vacation/Sick Leave: Vacation - 80 hours per anniversary year; Sick Leave - 1 hour per 25 hours worked, up to 52 hours in a calendar year.     
• 401(k) / Roth 401(k): after one (1) year of continuous employment, quarterly entrance. HCL matches 100% of the first 3% of deferrals and 50% of the next 2% of deferrals.