Vice President of Finance and Chief Financial Officer

Position Title: Vice President of Finance and Chief Financial Officer

Position Summary:

The Chief Financial Officer works closely with executive leadership to advance the mission of The Village at Incarnate Word by providing effective leadership, strategic planning and management of the finance and accounting office. In addition, the CFO plans, directs and controls The Village’s overall financial plans, policies, accounting practices, relationships and is responsible for directing the functions of accounting, budgeting, credit, treasury, tax, insurance, capital investing and various administrative functions for The Village to include it’s charitable programs.

Essential Job Functions:

• Supervise/prepare monthly financial statements and other monthly financial reports.
• Supervise/prepare budgets (annual income and expense, capital expenditures, five year projections, etc.).
• Review all regulatory reports required to be filed with the federal, state and local governments, including federal and state tax returns.
• Supervise preparation of payroll tax returns and assure proper payment of payroll taxes and filing of related forms.
• Supervise/review the semi-monthly preparation of payroll.
• Monitor cash flow.
• Supervise/review monthly bank reconciliations.
• Act as a liaison with the Board of Trustees, accounting firm personnel, and the Finance Committee.
• Oversee annual audit and in collaboration with upper management respond to any findings with resolutions and plans of action.
• Serve on committees as assigned.
• Attend staff, Board of Trustees and other required meetings and participate by assisting in the ongoing strategic planning and managing for success of all company activities.
• Compile a financial report for monthly board meetings and any other reports as may be required.
• Supervise preparation of general ledger and other financial records.
• Support the Board of Trustees and CEO by providing appropriate reporting and analysis as required or requested.
• Maintain banking relationships and access to adequate financing levels including negotiating the procurement of capital and lines of credit.
• Assure protection for the company’s assets through internal control, internal auditing, and proper insurance coverage.
• Keep CEO and COO informed of all financial matters and provide advice on financial matters, as well as opportunities or pitfalls.
• Oversee cash disbursements for payment of the organization’s expenditures in accordance with disbursement policies.
• Oversee accounts receivable/cash receipts in accordance with company policy.
• Write and/or approve accounting procedures and policies.
• Provide on-site day to day supervision of the accounting department, monitor leave and work schedules to ensure proper coverage of the accounting department at all times, and conduct monthly meetings with department staff.
• Interview potential staff, perform evaluations, and prepare and recommend job descriptions and job qualifications for the accounting department.
• Supervise/review the accounting information system (IT), including software maintenance contracts, software upgrades, hardware purchases, and quality of operations.
• Other duties as assigned.

Required Knowledge/Skills/Abilities

• A professional leadership style that earns the respect and cooperation of others within the organization.
• Must demonstrate the ability to balance accountability, confidentiality, and emotional intelligence when interacting with staff at all levels.
• Computer skills including experience using MS Office applications.
• Effective organizational and time management skills.
• Must be able to read and interpret financial records and reports.
• Must possess the ability to make independent decisions when circumstances warrant.
• Must be able to seek out new methods and principles and be willing to incorporate them into existing practices.
• Highly effective listening, communication, presentation and persuasive skills, including the ability to receive, process and present both strategic and tactical information to diverse audiences while maintaining effective, collaborative relationships with all stakeholders including members of the Board of Trustees, outside organizations, vendors, business leaders, management, and staff.
• Must have knowledge of the theories, principles, methods and procedures of professional accounting, and knowledge of office methods and procedures.
• Strong working knowledge of General Accepted Accounting Principles (GAAP) and the role and responsibility of the Financial Accounting Standards Board.
• Must have the ability to prepare and complete accurate accounting reports, evaluate routine accounting problems, analyze and interpret complex accounting records and reports.
• The CFO position requires familiarity with new technology available for corporate operations, including efficiency of operations, secure inter-company communications, and secure protection of all company data.
• Must be able to plan, develop, execute and evaluate programs, projects, and assignments.

Education and Experience Preferred

• Bachelor’s degree with experience in accounting, finance, management, or business required.
• Degree in accounting is preferred.
• Non-profit experience is desirable.
• Experience in the health care industry and professional certifications are preferred.
• Additional 2 years of accounting experience that includes Medicare processing and rules and regulations is preferred.

Working Conditions

• Evening and weekend hours as necessary.
• Must be able to travel when needed.
• At times, employee may bend, twist, lift, stoop, stand, or walk 50% or more of the workday.
• Ability to walk on uneven or rough terrain.
• Sitting, standing and walking.
• Ability to lift up to 25 lbs.

Job Type: Full-time

Experience:

• Finance: 1 year (Preferred)
• Accounting: 1 year (Preferred)

Work Location:

• One location

Benefits:

• Health insurance
• Dental insurance
• Vision insurance
• Retirement plan
• Paid time off