Address
Form of workJob Title:
Chief Financial Officer
Reports To:
CEO/President
FLSA / Wage
Exempt / $125,122.50 - $135,132.30 per year
Orig. Date
November 2020
Revised:
November 2023
JOB SUMMARY
The Chief Financial Officer (CFO) provides leadership, direction and management of all aspects of finance and accounting for Park Center. Reporting directly to the CEO, the CFO provides financial information, analysis, and recommendations to support the strategic direction of the organization. The CFO monitors financial performance, compliance with funding requirements, and implements fiscal best practices throughout Park Center. As manager of the Finance Department, the CFO cultivates a team of competent, knowledgeable professionals and supports continual development of job skills and responsibilities.
ESSENTIAL FUNCTIONS
Leadership
- In partnership with the CEO, COO, CPO and Board of Directors, provides leadership in the development and continuous evaluation of Park Center priorities, direction, impact and sustainability of resources.
- Contributes reports, analysis, and subject matter expertise to inform and direct strategic decisions.
- Participates actively in Senior Leadership Team and advises on financial implications of short and long term plans.
- Serves as staff liaison to the Board Finance Committee, working closely with the Board Treasurer on all finance related matters.
- Ensures credibility of Finance Department by providing timely and accurate analysis of budgets, financial trends, and forecasts.
- Support Human Resource and Operational functions that impact financial reporting and recordkeeping.
Financial Management and Reporting:
- Provides oversight of all finance and accounting functions, including accounts receivable, accounts payable, and general ledger transactions.
- Responsible for fiscal compliance with grant funding and provides oversight of spending and accurate recordkeeping.
- Prepares monthly consolidated and department level financial statements.
- Leads preparation of annual agency operating budget and capital budgets, in collaboration with Executive and Senior Leadership Teams.
- Manages external agency and grant focused audits; supports program focused audits as needed.
- Creates and manages an effective system of internal controls which ensure compliance with GAAP and applicable federal, state and local regulatory laws and rules for financial reporting.
- Reviews monthly account reconciliations and general ledger postings for accuracy and compliance with GAAP.
- Provides oversight and support to third party insurance billing service. Collaborates with CPO and COO to negotiate and expand MCO and grant contracts for agency provided services.
- In collaboration with CEO and COO, reviews and/or approves all contracts for the organization.
- Provides oversight and execution of bi-weekly payroll administered by the third-party PEO.
Values, Cultural Competence and Diversity:
- Collaborates with staff, members, and the community to gain the perspectives of others having diverse opinions, abilities, values, beliefs, and perspectives.
- Takes deliberate steps to increase own awareness by attending trainings, events, and discussions.
- Intentionally supports values, cultural competence, and diversity within the Finance Department
QUALIFICATIONS
- Bachelors degree in Finance, Accounting or a related field. Masters degree or CPA preferred.
- 10+ years in progressively responsible financial leadership roles, preferably in the non-profit sector
- Supervision experience
- Strong interpersonal skills, ability to communicate and manage well at all levels of the organization and with staff working in multiple locations.
- Strong problem solving skills, creative thinking, and the ability to exercise sound judgement and make decisions based on accurate and timely analyses.
- High level of integrity and dependability with a strong sense of team collaboration, urgency, and results-orientation.
- Advanced knowledge of accounting software, Financial Edge preferred, and Microsoft Office products.
BENEFITS
- Health insurance
- Dental insurance
- Vision insurance
- Short Term and Long Term Disability insurance
- Employee discounts
- Life insurance
- Paid time off
- Retirement plan
- Health Savings Account
- Dependent Care Flexible Spending Account
