Vice President of Finance

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Presbyterian Villages of Michigan, a faith-based, premier nonprofit organization providing senior housing and services in Michigan, has a great opportunity to join our executive leadership team as the Vice President of Finance. We invite you to help us create new possibilities for quality living for the seniors we serve. The Vice President of Finance is responsible for all facets of financial reporting, accounts payable, third-party financial compliance reporting, tax reporting, cost reporting, operational, capital and cash budgeting, audit and internal controls, banking, and cash management, information systems relative to finance and payroll related applications, fixed assets, employee benefit analysis, and insurance procurement related matters.

Support to Directors for management operational analysis and billing and collection. Analyze financial accounting transactions and standards and maintain records through the preparation of financial statements for system-wide managed entities. Leads and supervises finance staff of accountants accounts payable specialists, and payroll manager. Supports SVP in capital financing initiatives, including proforma development and updates and the completion of finance and insurance-related due diligence for closings.

Supports PVM Directors in the financial analysis of pricing, procurement, insurance, and wage and benefit-related matters. Serves as staff liaison to the PVM Audit and Benevolence Committees. In addition to great leaders and residents to support through effective financial services, the organization offers diverse communities to engage, and a dedicated team of leaders and staff. PVM offers competitive compensation; attractive health benefits package, including employer cost share and medical benefits beginning on 1st day;

generous and immediate Paid Time Off, Paid holidays, and a Retirement Savings Plan with immediate contribution opportunities, immediate vesting, and an employer match after 1 year. Equal opportunity employer committed to diversity, equity, inclusion, and justice.

• Prepare and/or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, and reports required by regulatory agencies.
• Prepare and file annual tax returns or prepare financial information for outside accountants to complete returns.
• Provide timely compliance reporting for third-party cost reports, HUD reporting, MSHDA tenant and monthly reporting, Detroit Housing Commission reporting, LIHTC compliance, tax-exempt bond financing related, insurance, etc.
• Supervise employees performing financial reporting, accounting, accounts payable, payroll, cash management, and budgeting duties. Ensure the department's appropriate organizational development, attraction, and retention of appropriate levels of staffing.
• Supervise the receipt, disbursement, banking, protection, and custody of operating and reserve funds.
• Maintain current knowledge and integrate it into procedures organizational policies and procedures, federal and state policies, directives, regulatory requirements, and current and proposed accounting standards.
• Coordinate audits of managed entity accounts and financial transactions to ensure timely reporting and compliance with GAAP and state and federal requirements and statutes.
• Develop and maintain relationships with auditors, banking, insurance, and non-organizational accounting personnel to facilitate financial activities.
• Develop and maintain daily, monthly, and quarterly cash flow projections and reporting for existing operations. Monitor operating and development cash advances made to entities for their collection and related reserves. Monitor the appropriate surplus cash position by entity.
• Lead short-term indebtedness banking, leasing & credit card relationships, policies, and procedures.
• Lead the facilitation of the annual operating, capital, and cash budget development process in conjunction with the members of the Executive and ACT teams.
• Develop and maintain internal control policies, guidelines, and procedures for collections, budget administration, cash and credit management, and accounting.
• Host monthly financial reporting and performance calls with those managing operations to provide clarity in financial reporting and forecasts to enhance revenue and contain costs.
• Support SVP and management on short-term and long-term financial objectives, policies, and actions.
• Support SVP and Director of Real Estate…