The responsibilities of the CFO include, but are not limited to
Develop, monitor and refine the organization's long-range financial strategy and plan which advances the Homes' mission and makes consistent timely progress toward its vision.
Provides/oversees financial feasibility analysis as part of a master site planning and/or new program development process and be the point on financing plans for development projects. Forecast cash flow, operating financial results and identified key financial performance drivers.
Provide leadership in developing quality improvement and financial plans with the Board and staff, and implement plans authorized by the board.
Maintain official financial records and documents and ensure compliance with federal, state and local finance and accounting regulations and practices.
Maintain a working knowledge of significant trends in the industry.
Keep the Board appropriately informed on the financial condition of the Homes and all important factors influencing it.
Interpret and present the Home's accounting policies and procedures to employees, residents, family members, visitors, government agencies, etc., as necessary.
Serve as chief financial spokesman. Give periodic reports and updates to residents, families and the general public as necessary.
Prepare and submit all applicable government reports accurately and within set deadlines.
Maintain a climate that attracts, keeps and motivates a staff of top quality people.
Supervise and direct the activities of the accounting department overseeing accounts payable and accounts receivable functions using generally accepted accounting principles.
Maintain a professional working relationship with all supervisors, department heads. Assist them in the interpretation and understanding of financial policy and procedures.
Encourage staff development & education.
Establish and maintain financial objectives and policies and the corresponding written policies and procedures in the Operating Budget and assures Cash Flow Management relative to the Capital Budget. Present the budget to the finance committee and board for approval. Prepare and present periodic reports comparing budgeted to actual costs; identify and analyze trends.
Act as point in our annual audit process keeping board and management leadership apprised throughout the process. Prepare all required quarterly and year-end reports.
Provide staff leadership managing investment and banking relations.
Responsible for liability and property insurance and assist with employee related insurance products and financial oversight of the 403b program. Primary Risk Management leader regarding insurance products. Evaluate and manage Risk policy in regards to Campus insurance, resident intake/financial qualification, unit pricing and use of discounts, regulatory review, HIPAA compliance, and vendor review.
Participate and support in accreditation efforts from a financial perspective. Provide opportunities for residents to express concerns to Board and management.
Bachelor’s degree in Accounting, Finance or Business with a Master's Degree in Business or Accounting preferred.
Continuing Care Retirement Community (CCRC) and/or post-acute care financial experience preferred. Minimum of five years accounting management experience in an organization with assets exceeding $50 million and Annual Operating Budgets with $10+ million in annual revenues required. Minimum of five years of senior financial management experience required. Not-for-Profit management experience preferred but not required. CPA license and experience preferred. Experience in Corporate Financial Management and Tax Exempt Bond Financings preferred. Intermediate to excellent computer skills including Microsoft Word, Excel and PowerPoint with demonstrated ability to use company-specific programs in the accounting area (Matrix/AOD experience preferred).