What are the responsibilities and job description for the Chief Financial Officer position at Insero Talent Solutions?
Job Description
Job Description
Insero Talent Solutions is recruiting a Chief Financial Officer for a service organization in Cortland, NY.
GENERAL SUMMARY
Reporting to the President, the CFO will oversee all financial reporting, budgeting, forecasting, financial analysis, and financial compliance requirements for OPWDD, OMH and Medicaid programs. The CFO will work closely with the President, Board of Directors and other senior leaders to develop and implement financial strategies that support the organization's mission and goals.
COMPANY STANDARDS
Serve as a positive role model for employees in the areas of attendance and punctuality. This position may perform essential functions both on site, and / or through remote capacity, based on business needs.
Maintain knowledge and awareness of working conditions and environments in all areas of the organization, via communication with direct reports, and immediately addresses any safety concerns or unsafe working conditions.
Ensure that all aspects of business operations and services are in compliance with the organization's mission statement, policies and procedures, professional standards, and applicable governmental laws, regulations, rules and standards.
ESSENTIAL FUNCTIONS
Displays and demonstrates the executive management skills that are required for a position which is a member of the Executive Team. Those skills include :
Working at the Senior Leadership level to achieve outcomes for the organization that support the mission and vision; communicating and working directly with colleagues in a productive and collaborative manner, achieving required and desired outcomes, even when there are opposite opinions and ideas throughout the process.
Through ongoing performance as a role model to employees, positively influencing the work culture, as an employer of choice.
Facilitating change management at the Division / Department level, assisting employees to work through the stressors associated with change and to incorporate changes in day to day operations
Participating on the team as the Subject Matter Expert for their area, providing the Executive Team with recommendations, reasoned opinions and information that support thoughtful, informed decision making by the group.
Developing managers and supervisors in their roles, ensuring that company practices and policies are followed; providing all employees opportunities for growth in their knowledge, skills, and experience; ensuring ongoing succession planning and training in key areas.
High level and in-depth problem solving for those concerns or issues related to the division / department ; using a detail-oriented approach and application of solutions to bring concerns and issues to a resolution.
ESSENTIAL FUNCTIONS of CFO
Participate in the development of corporate goals, objectives, and strategies, including multi-year strategic planning. Includes development of division and department-level objectives and strategies to support the company's strategic plan and oversee their successful implementation.
Provide administrative oversight of fiscal issues for all divisions of the company.
Responsible for the fiscal integrity and accurate and timely record keeping.
Responsible for coordination and preparation of the annual operating and capital budgets and long- range strategic plans of the Company and its affiliates. Oversees the preparation of monthly and year-end financial statements and operating reports.
Analyze financial data and make recommendations to the President and the Board of Directors of courses of action that will maximize the financial resources of the Company.
Represent the organization through participation in local and regional committees, consortiums, and organizations which further the mission of the Company.
Prepares CFR for OPWDD and NYSED programs.
In conjunction with Sr. VP of Services, reviews contracts for compliance with Agency policies and procedures and external regulations.
Collaborates with Sr. VP of Services and Sr. VP of Operations on grant and contract management including : RFP support and planning, financial reporting; and oversight of contract compliance administration.
Attend board meetings; provide training and information to the Board of Directors on the financial oversight of the Company and other key topics as requested.
Review and approve timecards for assigned employees according to the payroll schedule and payroll policies and procedures, including for indirect reports as needed.
Provide ongoing feedback, coaching and supervision to employees with regard to job performance and service delivery. Complete performance reviews for assigned employees on time, according to established review schedules.
Hire employees for the Accounting Department, ensuring that the most qualified applicants are selected for open positions. Work with Human Resources on the decision making with regard to employees who require disciplinary actions and / or terminations.
Conduct self in a manner as to always contribute to maximum individual growth and in accordance with all regulations, the Code of Ethics and Company policy and procedures. Represents the organization and the mission in a positive manner, treating people with respect and dignity.
Performs additional duties and responsibilities, as assigned.
COLLABORATION EXTERNAL
Independent auditors
Government auditors
Government funding agencies and fiscal personnel
Vendors
Insurance broker / carriers
Bank personnel
EDUCATION and EXPERIENCE
Masters of Business Administration and CPA or equivalent.
Minimum 10 years as a nonprofit financial manager / leader.
Knowledge of OPWDD and OMH financial rate setting, billing and reimbursement and of Medicaid compliance regulations. Experience should include knowledge of capital asset purchase evaluation, return on investment strategies, incremental pricing evaluation, marginal contribution analysis and mergers and acquisitions.
KNOWLEDGE and SKILLS
Excellent written and oral communication skills - the ability to present in front of groups of all sizes. Ability to communicate complex financial information to non-financial stakeholders.
Efficient use of technology and software, including Microsoft Office (Word, Excel) and Databases A background with an Enterprise Resource Planning (ERP) software, EPICOR or similar is beneficial Highly organized, attention to detail and ability to prioritize Strong analytical skills
Strong experience managing government contracts.
Strong interpersonal skills with proven ability to lead, develop and mentor staff Comfortable working directly with the President, Executive Staff, and Board of Directors.