What are the responsibilities and job description for the Senior Vice President of Finance position at ICL?
The Senior Vice President (SVP) is responsible for driving financial management for all matters of ICL and affiliate organizations under the supervision of the Chief Financial Officer (CFO). Reporting directly to the CFO, the SVP Finance will oversee all accounting, compliance and revenue recognition for government (federal and state) contracts and private grants, and partner with the senior leadership across the organization. The SVP must be able to adapt to a continually evolving environment while managing the accounting, contracts and Medicaid billing departments and helping to develop and implement the agency's financial strategy, vision and mission.
ESSENTIAL JOB FUNCTIONS :
- Oversee the cash flow management and forecasting to ensure availability of funds as needed.
- On a day-to-day basis oversee the banking relationships.
- Develop and utilize forward-looking, predictive models and activity-based financial planning.
- Work with senior leadership across ICL to coordinate the development and monitoring of divisional / organizational budgets.
- Develop financial business plans and forecasts as directed by the CFO.
- Assure that the Finance Department is in compliance with all short-, medium-, and long-term financial plans and projections.
- Remain up to date on nonprofit audit best practices and state and federal law regarding nonprofit analyses to provide insight into the organization's operations and business plans.
- Oversee the Controllers, VP of revenue and accounting department to ensure proper maintenance of all accounting systems and function and the Medicaid billing and contract departments.
- Coach and mentor members of the team to enhance their professional growth, while fostering a positive and collaborative work environment.
- Develop and maintain strong rapport with both internal and external stakeholders to ensure alignment with organizational goals.
- Ensure maintenance of appropriate internal controls and financial procedures.
- Ensure timeliness, accuracy, and usefulness of financial and management reporting for federal and state funders, foundations, and ICL'S board of directors.
- Oversee the preparation and communication of monthly and annual financial.
- Coordinate audits, 990s and proper filing of tax returns.
- Ensure legal and regulatory compliance regarding all financial functions.
- Possess in-depth knowledge and experience of working with regulatory bodies and funding sources including but limited to DHS, OMH, DOHMH, OPWDD and Medicaid, while ensuring compliance and maximizing funding opportunities.
- Perform other related duties that may be assigned.
ESSENTIAL KNOWLEDGE, SKILLS AND ABILITIES :
QUALIFICATIONS AND EXPERIENCE :
