Chief Finance Officer (CFO)

Job Title: Chief Finance Officer (CFO) Job Classification: Exempt Supervisor: CEO Location: Locations include Virginia, Hibbing and Ely with primary site in Virginia Status: Full-time Benefits: Including but not limited to: Medical, Dental, Life, 401k, PTO Job Summary: The CFO is responsible for all financial operations of the organization. As a member of the Leadership Team, the CFO works in conjunction with the CEO, Directors and other management and program leads to ensure processes and procedures are following GAAP and State and Federal guidelines, all while minimizing risk and exposure and maximizing return. The CFO guides the general accounting processes including Accounts Payable, Accounts Receivable, Payroll, and Financial Reporting. The CFO is primarily responsible for annual cost reporting to the state, annual budgeting, annual audits, and monthly financial reporting and analysis, in addition to grant management and reporting. Duties/Responsibilities: Operates as part of the leadership team providing vision, leadership and inspiration in planning, directing, and managing comprehensive alcohol, drug, and mental health systems of care. Excellent written and verbal communication skills. Establish and maintain over time, constructive and cooperative internal and external working relationships related to the conduct of the job. Professional demeanor and leadership skills Monitor and control resources and oversee the spending of money. Use multiple communications tools to accomplish responsibilities Ability to prioritize workload, meet deadlines, and handle sensitive, complex, and potentially confidential information Ability to use good, independent judgement in evaluation of situation and wok decisions Chair RMHC Committee s as needed. Administration oversight, leading and coaching of supervisees in compliance with Human Resources policy Supervisees have been assigned responsibility in accord with the agencies need. Provides for necessary training and equipment Conducts performance evaluations and recommends salary changes Participates in problem solving with employees Coaches and instructs employees as necessary Perform other duties as assigned by the CEO. Board Responsibilities Develop and present financial and statistical reports for the Board and CEO which are clear, concise and accurate. Communicate with the Board and CEO in a manner which facilitates a good understanding of the behavioral health care financing environment. Ensures that fiscal systems are fully operational, efficient, and accurate. Creates and presents annual budget to Board and CEO. Accounts Receivable, Payroll, Fiscal Processes Analysis of reports and programs pertinent to each department. Maintain monthly reconciliations of appropriate accounts to verify accuracy. Oversee the preparation of all agency operating budgets, including capital budgets in collaboration with Board and management team. Reflect all operating budgets on monthly Profit and Loss statements. Supervision of accounting supervisor and business supervisor in a manner that assures that the performance of each department meets expectations. Remain current on billing regulations/standards, coding, revenue integrity, accounts payable, accounts receivable, payroll, health insurance, professional/property insurance, employee pension, grants management, and contract management. Monitor the Centers salary administration processes. Manage the Centers health and dental insurance. Oversee the Accounting Supervisor in the monitoring of the Centers retirement and 401(k) plans. Manage the Centers professional/property insurance plan Accounting procedures and business detail Supervises the completion of the various required audits, surveys, and external reports Monitor cash flow and provide CEO and Board a monthly balance sheet which assures that cash is adequate to meet the expenditures of the organization. Maintain good working relationships with external entities such as banking, insurance co panies, county fiscal officers, and other mental health center CFOs. Responsible for the overseeing of all IRS reporting including 5500 & 990s Completes surveys, and informational reports as required by external programs. Audits meet deadlines and reflect generally accepted accounting procedures. Fiscal integrity and reputation of the organization is maintained both internally and with external business entities. Insurance renewals are completed as needed. Insurance claims are monitored and submitted. All IRS and MN State forms, whether internally or externally prepared, are reviewed for accuracy. Monitor revenue streams and expenditures and provide the CEO and Board a monthly income statement with accuracy. Ensures the successful operation of grants, fundraising, contracts, and reporting requirements Review and have final responsibility for grant and contract details as delegated. Financial partner for grant writing, applications, management and reporting. Work cooperatively with program directors and supervisors Monitor and/or complete reports required for contracts and grants Grants and contracts are correctly implemented and reconciled from a fiscal standpoint. Contracts are followed with appropriate safeguards in place for each including following timelines/deadlines Work with unit directors and/or supervisors to develop and coordinate fundraisers as needed. Required Skills/Abilities: Exhibits strong clinical skills along with excellent verbal and written communication. Capability to delegate tasks, and openness to receiving delegation, direction and feedback. Strong prioritization and time management skills. Willingness to engage in problem solving. Collaborates well with others under challenging circumstances, maintains composure in response to difficult situations, respectful in all interactions. Proficient with Microsoft Office Suite or related software as well as working with an EHR. Education and Experience: Previous experience in behavioral health, community health, substance use services is advantageous. Bachelor s degree in finance and/or Accounting. 5 years of accounting experience in the non-profit sector, preferably in a healthcare or human services organization. At least five years of related management experience required. Must be able to pass a State of MN Department of Human Services criminal background study. Valid driver s license and good driving record Physical Requirements: Prolonged periods sitting at a desk and working on a computer. Must be able to lift up to 15 pounds at times. Adequate level of vision to use computer terminal. Sufficient hearing to accurately record information received verbally. Must be 18 years of age.