Chief Financial Officer

Chief Financial Officer – CFS

Apply to lead the financial strategy and operations of CFS, a mission‑driven nonprofit serving its community with impactful services.

Base pay range: $135,000 – $145,000 per year.

Location:

New Haven, CT

Employment type:

Full‑time

Seniority level:
Executive

Essential Duties & Responsibilities

• Actively manage the day‑to‑day accounting and financial operations of the agency.

• Develop budgets for the agency as a whole, individual programs and new/proposed/expanded services, including preparing budget revisions as needed.

• Prepare, analyze and present monthly financial reports for the agency, its programs and activities.

• Report on financial results and issues to the CEO and Board of Directors.

• Oversee and review the preparation of all program financial reporting required for funding sources.

• Manage the Billing, Accounts Receivable and Accounts Payables functions and staff and integrate billing information from the Electronic Health Record system into the accounting system.

• Oversee the agency’s banking activities and actively manage cash flow to meet agency needs.

• Negotiate and execute agency contracts with funding sources, vendors and collaborative service providers.

• Manage accounting control systems and internal audits to ensure accurate and timely financial information and reports.

• Monitor changes in legal, regulatory and administrative environments and implement procedural changes to maintain compliance while maximizing operational and financial results.

• Manage the agency’s liability insurance program, including ongoing risk analysis.

• Review efficiency and effectiveness of employee benefit programs, seeking approaches to lower costs where possible while maintaining quality.

• Serve as the agency’s primary liaison with its independent auditor to ensure the annual audit is completed smoothly and timely.

• Supervise the Associate Director of Finance, the Senior Accountant and the Director of Billing.

Knowledge, Skills, Abilities & Characteristics

• General accounting and financial reporting procedures in accordance with the State of Connecticut OPM Cost Standards, GAAP, and OMB Circulars A‑133 and A‑122.

• State of Connecticut contract/grant budgeting and reporting procedures and requirements.

• Human Resources related laws, regulations and practices.

• Payroll reporting and processing of payroll taxes.

• Employee benefits, including management of health care and retirement plans.

• Current Health Care sector environment and trends.

• Electronic Health Care Record system.

• General office software, particularly master level proficiency in Excel and accounting software packages.

Ability To

• Manage and oversee all aspects of the financial/accounting management function.

• Create, analyze and report on financial statements and budgets.

• Supervise staff, develop job descriptions and provide performance evaluations and improvement plans.

• Analyze and solve problems effectively and efficiently.

• Communicate effectively both verbally and in writing.

• Manage priorities effectively to meet deadlines and demonstrate multi‑tasking skills.

• Assimilate new information and technology.

• Foster and cultivate business opportunities and partnerships.

Education & Experience

• Undergraduate degree in finance or business from an accredited institution;
Master’s degree preferred.

• Five to seven years of senior management experience in an organization with operations exceeding $5 million per year and over 100 employees, preferably in health care or a related nonprofit sector.

• Managerial experience with a non‑profit social service and/or health care agency providing services under contract with the State of Connecticut is strongly preferred.

• Certified Public Accountant designation is a plus.

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