Chief Financial Officer time - 1st shift

Position: Chief Financial Officer - full -time - 1st shift - Mon-Fri
Company Overview

Community Mental Health Affiliates, Inc. (CMHA) is a private non‑profit treatment provider headquartered in New Britain, with seven locations throughout the city and in Waterbury. We partner with clients and the community to promote recovery from mental illness and substance use, treating more than 7,500 adults and children each year. CMHA is Connecticut’s first fully Joint Commission accredited Behavioral Health Home and is a SAMHSA Certified Community Behavioral Health Clinic (CCBHC).

Visit cmhacc.org to learn more.

Internal mobility and career pathing is a focus at CMHA with many employees growing from individual contributors to leaders.

CMHA is looking to hire a full‑time 40 hours per week Chief Financial Officer. This position will be located at 233 Main St. New Britain, CTMonday‑Friday, 8:30AM ‑ 4:30PM.

Compensation Range

The annual salary range for this position starts at $167,500.

Compensation for each position is determined not only by years of relevant experience, education, and skills, but also by maintaining internal pay equity. CMHA also takes into consideration our benefits and paid time off package to provide a well‑rounded and competitive approach to the applicant’s overall compensation.

Position Summary

Responsible for providing leadership, guidance and oversight of the Financial Services, Billing Management, and Payroll in order to ensure the strong financial health of the organization. Ensures smooth daily financial operations of the Finance department.

Essential Responsibilities and Target Outcomes

• Provides fiduciary leadership by directing and coordinating the agency’s financial affairs according to Generally Accepted Accounting Principles, state single audit guidelines and other government regulations.

• Directs fiscal year end reporting in compliance with audit guidelines established by the agency’s Independent Accounting firm, by annual tracking, compilation and analysis of financial results.

• Ensures timely and accurate financial reports are submitted to the CEO, Board of Directors and its subcommittees, in support of strategic and program decision‑making.

• Works with the Chief Human Capital Officer by assisting with the selection and analysis of all employee benefits packages, based on cost, utilization and variety of plan options.

• Establishes and manages the agency line of credit, ensuring access to capital for operations, projects, etc.

• Ensures efficient utilization of capital assets by directing receipt, disbursement, and expenditures of funding.

• Provides control and efficient use of funds by approving and signing documents affecting monetary transactions.

• Through staff, directs activities concerned with safekeeping, control, and accounting for assets.

• Through staff, directs preparation of budgets, financial forecasts and analysis of division or department budget requests to identify areas in which reductions can be made; allocates operating budget.

• Directs preparation of reports which outline agency’s financial position in areas of income, expenses, and profit/loss based on past, present and future operations.

• Prepares directives to division or department administrators outlining policy, program, or operating changes to be implemented.

• Plans and directs new operational procedures to obtain optimum efficiency and reduced costs.

• Through staff, oversees the development of all affiliate and subcontractors’ agreements including monitoring of contract compliance and reporting requirements.

• Recruits, orients, trains and supervises staff. Identifies ongoing staff training needs and conducts staff performance appraisals.

• Manages the process for annual update and review of agency financial policies and procedures.

• Manages the CMHA 403b Plan and audit for the agency. Chairperson of the CMHA 403b Plan Committee.

• Serve as Corporate Compliance Officer.

• Serve as Risk Manager for Agency in reviewing and binding all insurance coverage of the organization.

• Review and negotiate provider insurance payer contracts to optimize third‑party billing rates.

• Other duties as assigned.

Qualifications

• Bachelor’s Degree in Accounting, Finance or Business required.…