Chief Financial Officer

Job Description

Chief Financial Officer

Overview:

Family Centers’ Chief Financial Officer (CFO) directs the financial affairs of the agency, for oversight of the day-to-day functions, and provides guidance to its finance team (9 FTEs). As a member of the agency’s Executive Team, the CFO reports directly to the CEO and works in close collaboration with the Finance Committee of the Board of Directors.

Key responsibilities:

Accurately account for the agency’s operations, assets, liabilities and investments
Provide timely monthly financial reporting to the Board and internal constituents
Compile annual budgets and periodic forecasts for the agency’s approximately 30 service delivery areas
Prepare budgets and interim reports for multiple private funders
Maximize revenues, with emphasis on health care and early childhood education service fee billing
Ensure timely tax returns/filings including 990, periodic tax exemption filings, etc.
Ensure adherence to all local, state, federal and private funder regulations/requirements
Maintain accounting policies and procedures, updating as necessary for changed regulations, particularly HRSA
Oversee the agency’s annual commercial insurance renewal, certificates of insurance, and any claims
Coordinate annual audits of the financial statements, 403(b) plan and workers compensation
Enhance financial literacy within the organization, particularly as new leaders develop
Promote improved fiscal health for the agency and sound procedures to safeguard cash and other financial assets
Support the agency’s three-year strategic plan and other agency visioning/initiatives (e.g., how to forecast/size new program opportunities)

Requirements:

Master’s degree in relevant discipline
Minimum of 15 years’ proven experience overseeing a similarly sized organization’s finance function, including prior nonprofit experience
Familiarity with state and federal grant requirements including single audits, reporting and compliance
Excellent analytical and accounting skills and a resourceful mindset
Proven ability to multi-task, delegate effectively and project manage
Track record of developing employees and proven ability to motivate staff for superior performance
Experience in change management, business process redesign, and systems implementation
Experience working with governing Board and associated subcommittees
Versatility to see the big picture while also managing details
Ability to provide guidance on all accounting and GAAP related issues
Exceptional listening and communication skills and an internal/external “customer service” orientation
Highest commitment to professionalism and integrity
Ability to be both a leader and an effective team member

Preferred:

CPA
Knowledge of health care financial management, insurance claim processing, and billing systems particularly Medicaid/Medicare
About Family Centers:

Family Centers is a private, nonprofit organization offering health, education and human service program to children, adults and families in Fairfield County. More than 250 professionals and over 500+ trained volunteers collaborate to provide our communities with a wide range of responsive and innovative services. Through our comprehensive network of services, more than 23,000 children, adults, families and communities receive the care, encouragement and resources needed to realize their potential.

Family Centers is a United Way, Community Fund of Darien and New Canaan Community Foundation partner agency, and is a member of the Connecticut Council of Family Service Agencies and the Alliance for Children and Families. The agency is also accredited by the National Association for the Education of Young Children (NAEYC), The Joint Commission, licensed by the State of Connecticut Department of Public Health, and is a Department of Children and Families-licensed child psychology center. Total revenue for FY ending June 2022 was $20.5M.

Rewards:

Salary commensurate with experience. A suite of benefits including generous paid time off, medical, dental, vision, tax-free spending accounts, disability, life and AD&D insurance. Additional benefits include an employee assistance plan, pet insurance, critical accident and illness, wellness services, tuition reimbursement, and retirement savings. The opportunity to work for an employer consistently rated one of the Top Workplaces in Western Connecticut by Hearst Connecticut Media and a perfect 100 Encompass rating by Charity Navigator 10.

Special Note: As the COVID-19 pandemic continues to impact our community and beyond, it is Family Centers’ commitment to the safety of employees, contractors, volunteers, patients, clients, and student interns, by requiring proof of vaccinations for COVID-19 (or have an approved medical or religious exemption on file).

Family Centers is an Equal Opportunity Employer and offers a competitive salary, training, and generous benefits package.

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