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CHIEF FINANCIAL OFFICER
Lincoln Behavioral ServicesFraser, MI, United States- Promoted
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Murdock MartellSan Jose, California, USCHIEF FINANCIAL OFFICER
Lincoln Behavioral ServicesFraser, MI, United States- Full-time
The Chief Financial Officer is responsible to oversee and direct financial, accounting and investment activities in support of the mission of Lincoln Behavioral Services. The CFO ensures sound financial management and investment practices that support organizational growth and financial stability. The CFO ensures organizational compliance with relevant laws, non-profit status and IRS rules and regulations and manages organizational risks and liabilities. The CFO will continue to build and manage effective and streamlined financial systems, including financial, IT, accounting, legal, and leasing. This position reports to the Chief Executive Officer.
ESSENTIAL DUTIES and RESPONSIBILITIES include, but may not be limited to the following :
In cooperation with the Chief Executive Officer and the Chief Clinical Officer, establishes working relationships with other organizations and community groups to benefit the overall agency mission.
- Serves as the Agency Privacy Officer.
- Prepares monthly and quarterly financial statements and financial analysis.
- Provides required financial reports in a timely manner.
- Oversees organizational budgeting and reporting, working with the accounting staff to prepare annual budgets and routine expenditure reports.
- Completes tax filings and compliance requirements, assuring that the organization is in compliance with all relevant laws and regulations.
- Prepares financial records for review during compliance and independent financial audits. Work with the auditing firms, ensuring compliance with all applicable financial, accounting, legal, and regulatory requirements and best-practice standards; ensuring a system of strong internal controls.
- Performs plan sponsor duties according to the established 403(b) plan for the agency. Prepares for annual pension audit.
- Accurately interprets personnel policy and procedures to staff.
- Manages purchasing and property management functions, including contracts with sub-contractors and all vendors. This includes establishing and maintaining working relationships with insurance representatives and brokers.
- Provides direct supervision and evaluates performance of IT manager and AP / Purchasing specialist.
- Collaborate with LBS technical staff to monitor the IT plan and needs for the future, including cybersecurity, accounting for changes and future growth of the organization.
- Develops and monitors the implementation of long-range financial plans in conjunction with the CEO and the Finance Committee, including setting targets for organizational growth.
- Develops and maintains internal financial-management policies and procedures, performance measures, and dashboards.
- In cooperation with the Chief Executive Officer, serves as liaison to existing funding sources.
- In cooperation with the Chief Executive Officer, works to establish new funding sources.
- In cooperation with the CEO, provides support to the MI Behavioral Health & Wellness Collaborative treasurer role or other executive committee role.
- Insures that the agency is represented at appropriate local, state, and national functions, in cooperation with the Chief Executive Officer.
- Serves as a member on the Risk Management, Strategic Planning, and Governance committees.
- Board membership on the Friends of LBS Board; maintains the Friends of LBS records, including statements, annual reports and Federal 990s.
- Serves as ex?officio member to selected committees of the Board of Directors to offer support and information as deemed necessary for those committees to successfully meet their missions.
- Participates in orientation programs for new management staff and Board of Directors members.
- Performs other duties as assigned by the CEO in a reasonable established timeframe with quality expectations.
COMPETENCIES
Communication - Uses effective written and oral communication with internal staff, vendors and community representatives; demonstrates empathy and listening. Collaborates with all staff and the executive team to accomplish agency goals by applying the following approaches :
The CFO demonstrates excellence in communication skills and collaborates with colleagues and external entities utilizing clear and concise communication and professionalism.
Strategic Thinking - Considers the future of the organization proactively and responsively; weighs diverse inputs to inform strategies; identifies innovative opportunities when relevant :
The CFO utilizes relevant data to identify organization needs, assess financial outlook and make recommendations for future planning. Based on input and data, formulates performance improvement strategies to ensure efficient financial operations.
Decision-Making - Effectively structures and facilitates decision-making processes; makes decisions effectively and responsibly to improve organizational health and impact :
The CFO reviews data and input from others prior to decision-making. Considers potential risk / benefit to agency, team members and consumers. Makes sound decisions and implements necessary and ongoing changes to improve agency efficiency and consumer satisfaction.
Organizational Growth Orientation - Has a future-oriented mindset for the organization; identifies and pursues business development and growth opportunities.
The CFO understands agencys standards for organizational success. Considers impact of growth-office space, vehicles, workforce, consumer needs, etc., and collaborates with the executive team to explore growth opportunities. This includes communicating the impact of growth, both negative / positive and balances allotted resources with degree of identified needs, growth and sustained success.
Values and Prioritizes Inclusivity - Consistently sees, learns from, and takes strategic action related to diverse perspectives; and demonstrates the self-awareness and behaviors to work with vendors, staff and stakeholders (of various identities and levels of power) respectfully and effectively.
The CFO demonstrates respectful interpersonal engagement across all interactions with staff of the agency as well as external communications. The CFO will inquire and learn about the diverse perspectives and mitigate implicit bias from decisions, policies, trainings and practices.
Qualifications - To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education Bachelors degree in business or related field (finance, accounting) or extensive experience in mental health accounting and administration may be considered.
Experience - Minimum of seven years experience of directly relevant work at a Director or CFO level in the field of finance, prefer experience in a non-profit mental health environment. Proficiency with financial-management and accounting software systems and programs is required. Understanding of GAAP-basis accounting required. At least five years of management / supervisory experience.
Certification / License N / A
PHYSICAL DEMANDS - The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Compensation details : 90000-120000 Yearly Salary
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