Chief Financial Officer

3 weeks ago

Ronkonkoma NY, United States Association for Mental Health and Wellness Full time

To Advocate. To Educate. To Empower. Together.

Salary: $150,000 to $170,000 per year- Exempt

Hours: Monday- Friday; 8:30am- 4:30pm

Location: Ronkonkoma, NY

Availability: Immediate

Position Description:

Mission Statement: “To empower and inspire people of all communities to identify, pursue and sustain healthy, meaningful lives”.

MHAW strives to develop an authentic, diverse workforce that embraces, creates, respects and demonstrates diversity, equity, and inclusiveness in the work environment, towards one another and those we serve. We recognize that our agency is strongest when we all embrace the full spectrum of diversity and experience. We actively seek to employ a diverse workforce representative of the communities we serve.

Position: Chief Financial Officer

Salary: $150,000 to $170,000 per year- Exempt

Hours: Monday- Friday; 8:30am- 4:30pm

Locations: Ronkonkoma, NY

Association for Mental Health and Wellness is seeking a Nonprofit CFO (Chief Financial Officer) to manage the financial operations of the agency, ensuring the agency’s financial health and sustainability. This role will oversee all financial reporting, budgeting, forecasting, financial analysis, and compliance requirements. The Nonprofit CFO will work closely with the CEO (Chief Executive Officer) and the Board of Directors to develop and implement financial strategies that support the agency’s mission and goals.

Key responsibilities may include, but are not limited to:

Financial Management

  • Develop and implement financial strategies that support the agency’s mission and goals
  • Manage and oversee all financial operations, including accounting, budgeting, forecasting, and financial analysis
  • Ensure the accuracy and completeness of financial records, including the general ledger, accounts payable and receivable, payroll, and other financial systems
  • Prepare and present financial reports to the CEO and Board of Directors, providing analysis and recommendations as needed
  • Ensure compliance with all financial reporting and regulatory requirements, including tax filings, audits, and other reporting requirements
  • Develops and maintains systems of internal controls to safeguard financial assets; including establishing controls over financial reporting, fraud prevention, and disclosure
  • Ensures that finance staff maintains financial record systems in accordance with generally accepted accounting principles, and monitors the use of all funds
  • Manage relationships with external partners, including banks, auditors, and other financial service providers

Budgeting and Forecasting

  • Develop and oversee the annual budgeting process, working closely with program leadership to develop realistic and achievable budgets
  • Prepares operating budgets for Requests for Proposals (RFP’s) and participates in grant proposal writing and reports as requested
  • Monitor actual performance against budget and provide regular updates and analysis to the CEO and Board of Directors
  • Develop and maintain financial forecasting models that support long-term financial planning and decision-making

Strategic Planning and Leadership

  • Work closely with the CEO and Executive leadership to develop and implement strategic plans and goals that support the organization’s mission and vision
  • Lead the Finance Committee, collaborating with other committee members to provide strategic financial guidance and support to the organization
  • Provide leadership and mentorship to the finance team (Accounting, Billing, Accounts Payable and Accounts Receivable) , fostering a culture of continuous improvement and professional development
  • Collaborate with other program leadership to develop and implement strategies that support the organization’s mission and goals

Board Relations and Reporting

  • Report on the financial performance of the agency to the Board of Directors, including regular updates on budget performance, forecasts, and financial risks and opportunities
  • Collaborate with the CEO and Board of Directors to develop and implement financial policies and procedures that align with the agency’s values and strategic goals
  • Represent the agency at internal and external events and meetings, providing financial guidance and support as needed

Tax Filing and Compliance

  • Oversee all tax filings and compliance requirements, ensuring that the agency is in compliance with all relevant laws and regulations
  • Maintains a thorough working knowledge of federal, state and managed care reimbursement payment methodologies, including: contractual accounting, payment calculations, billing requirements and compliance issues
  • Manage relationships with external auditors and other financial service providers to ensure compliance with all reporting and regulatory requirements
Qualifications:
  • Bachelor’s degree in Finance or Accounting and/or its equivalent required, CPA preferred. Minimum ten years’ related and progressive experience required
  • Behavioral health/healthcare experience preferred
  • Knowledge of Health Insurance, including Medicaid, Medicare and MCO’s required; Behavioral Health billing a plus
  • Experience working with finance and accounting software packages- including QuickBooks; knowledge of Fund EZ nonprofit accounting software preferred
  • Proven track record of successful financial management, including experience developing and implementing financial strategies, managing budgets, and overseeing financial reporting and compliance
  • Must have knowledge with specific funding sources: OMH, OTDA, HUD
  • Excellent verbal and written communication skills required
  • Exceptional organizational, communication, leadership, and interpersonal skills
  • Accuracy and attention to detail are essential
  • Strong quantitative and analytical skills required
  • Demonstrated ability to set priorities, handle multiple assignments, and work with resourcefulness and efficiency in a fast-paced and changing environment
  • A commitment to supporting psychiatric recovery and emotional healing and wellness
Application:

Send a resume and cover letter expressing your interest in this position to:

Kathy Elfers, Human Resources Director at kelfers@mhaw.org

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