Chief Financial Officer

3 weeks ago

Wallingford, United States Masonicare Corp Full time
Job DescriptionJob Description

Chief Financial Officer / VP Finance

Masonicare Corporate Services - Wallingford, CT


Full Time / Salaried / Exempt


Direct financial and related business support services that are fundamental to the successful achievement of Masonicare’s short term and long term financial and operational objectives.


Essential Duties and Responsibilities:

  1. Strategic:
    1. Participate in development and implementation of organization strategic plan.
    2. Identify opportunities which may result in improved financial performance ensuring sustainability of the organization and its mission(s).

  1. Direct the development, implementation, operation, maintenance, and control of essential financial and related business information. The position is the focal point for defining key financial objectives, supporting their achievement, and measuring/reporting their results.
    1. Evaluate financial results with goal to improve revenue recovery and expense mitigation without adversely impacting the organizations mission(s).
    2. Working with the Compliance Officer and CEO, ensure integrity of accounting and finance systems through development, testing and monitoring of internal control processes and procedures. Annually, report to CEO and Audit Committee.

  1. Oversee debt compliance requirements for commercial loans and CHFA bond issues. Participate in loan negotiations, review proposed loan terms, cash flow and debt covenant implications and provide recommendations to CEO, Finance Committee and Trustees.

  1. Acquisitions, divestitures and new lines of business:
    1. Participate in transaction negotiations, oversee due diligence review. Cause to be prepared financial models/forecasts analyzing the impact of a proposed transaction(s) and provide recommendations to CEO, Finance Committee and Trustees.

  1. Develop and recommend Masonicare annual operating and capital budgets, and income forecasts, and meets with responsible cost center managers to monitor progress against plan, and recommend plan changes, as necessary to meet targeted objectives.

  1. Primary responsibility for the overall management of Masonicare’s financial resources, within general guidelines approved by the Board.

  1. Prepare reports detailing Masonicare’s financial position, including assets and liabilities, and income and expense, based on historical, current and planned future operations to ensure control of revenue, expenditures, and conservation of assets. Identify and investigate variances and report to the CEO and Trustees as directed.

  1. Direct the functions of revenue realization, reimbursement, resident and patient accounting, accounts receivable recovery, accounts payable and general accounting, which encompasses entire financial accounting and reporting system.

  1. Ensure prompt and accurate financial reporting and filings to state and federal governments, and completion of regulatory reporting.

  1. Participate in developing cost-effective property and liability insurance protection is in place and initiates or participates in other proactive measures have been taken to afford maximum protection to the Corporation, its employees, management, outside directors, patients and residents.
    1. Collaborate with the captive insurance company risk management team to evaluate property and liability insurance needs of the organization and assist in identifying possible areas of risk not addressed.
    2. Collaborate with Human Resources to evaluate insured and self-insured employee benefit programs, their cost effectiveness and financial impact of alternative solutions. Keep abreast of industry trends in employee benefits and cost containment initiatives.
    3. Ensure regulatory compliance of the captive insurance company as well as state and DOL requirements for employee qualified and non-qualified benefit programs.

  1. Oversee internal and external audit reviews are carried out and completed in a timely and efficient manner, and within Generally Accepted Accounting Principals, and that recommendations are evaluated and completed as required.

  1. Recommend costs, charges, rates, etc. for Masonicare facilities and services, based on analysis of expenses and reimbursement guidelines; negotiates agreements with third-parties to offer and/or receive services, and with state and federal agencies regarding reimbursement.

  1. Participate in developing the cost impact of human resources policies and programs, such as staff utilization to improve operational efficiency, benefit plan additions and changes, salary increases, etc.

  1. Recommend changes to policies and practices of the Finance group; integration of accounting and reporting systems across the continuum; provide real time financial information to lines of business management concerning revenue realization, staffing and other operating costs; collaborate with (MIS) team to identify systems, programs and technology to support business analysis, reporting, and operations.

  1. Attend, and when appropriate, presents a financial report at all meetings of the Board of Trustees; serves as a key support of the Finance Committee, Audit Committee and Captive Insurance Board.

  1. Serve as member of the Executive Management Team, and 401(k) Retirement Savings Plan Committee.

  1. Provide professional training to Finance staff to ensure staff is current with industry trends which include accounting and financial reporting changes, governmental compliance requirements. Meet with lines of business management to better understand their financial results, variances and provide recommendations to mitigate negative variances.

  1. Performs other related duties as assigned

Minimum Qualifications:

Education: Bachelor’s degree in Accounting, Finance, or a related field, and a Master of Business Administration preferred

Experience: Extensive experience (preferably 10 years) in the finance function of a diversified continuing care retirement community or home and community based service organization

Certificates/Licenses: Current Certified Public Accountant required


Full Time / Salaried / Exempt

  • Executive Assistant-Development Office

    2 weeks ago

    Wallingford, United States Choate Rosemary Hall Full time

    POSITION PURPOSE: Reporting to the Chief Development Officer, the Executive Assistant is responsible for providing high-level administrative support to the CDO, assisting Directors with select administrative tasks, and other duties as assigned. Work independently while understanding the necessity for communicating and coordinating work efforts with other...

  • Executive Assistant-wallingford/full Time/40 Hours

    1 month ago

    Wallingford, United States Gaylord Hospital Full time

    Gaylord Specialty Healthcare is a health system dedicated exclusively to medical rehabilitation. We provide inpatient and outpatient care for people at every point in their journey from illness or injury to the most advanced state of recovery they can achieve. Our Mission: To enhance health, maximize function, and transform lives. Our values: Integrity,...

  • Business Change Director

    7 days ago

    Wallingford, United States Elevance Health Full time

    Elevance Health Business Change Director WALLINGFORD , Connecticut Apply Now Location: open to any Elevance Health office location this position will work a hybrid model (remote and office) which requires working in the nearest Elevance Health office 1-2 days per week. The rest of the time would be working remotely (from home). The ideal candidate will live...

  • Director Contracts

    7 days ago

    Wallingford, United States Elevance Health Full time

    Elevance Health Director Contracts & Procurement WALLINGFORD , Connecticut Apply Now Location: This position will work a hybrid model (remote and office). The ideal candidate will live within 50 miles of our Elevance Health PulsePoint locations. National Government Services is a proud member of Elevance Health’s family of brands. We administer government...

  • Loan Servicing Representative II

    1 month ago

    Wallingford, United States Capital for Change (C4C) Full time

    Job DescriptionJob DescriptionDepartmentLoan ServicingReports to: Senior Manager, Servicing OperationsStatus FTHours Per Week 351.    Narrative Summary of PositionThe Loan Servicing - Loan Servicing Representative II works under the supervision of the Senior Manager – Loan Servicing Operations; and is accountable for the data integrity of new loans...

  • Payment Innovation Director II

    7 days ago

    Wallingford, United States Elevance Health Full time

    Elevance Health Payment Innovation Director II WALLINGFORD , Connecticut Apply Now Location: This position will work a hybrid model (remote and office). The ideal candidate will live within 50 miles of an Elevance Health PulsePoint location. Hybrid Workplace Strategy: 1-2 days in office per week The Payment Innovation Director II is responsible for Payment...

  • Client Services Executive

    7 days ago

    Wallingford, United States Zenith American Full time

    Title: Client Services Executive Department: Client Services Position Type: Exempt Hours per Week: 40 Position Summary The Client Services Executive executes relationship management activities for assigned client(s) in accordance with Company guidelines, client needs, and regulatory requirements. "Has minimum necessary access to Protected Health Information...

  • Client Services Executive

    7 days ago

    Wallingford, United States Zenith American Full time

    Job DescriptionJob DescriptionTitle: Client Services Executive Department: Client ServicesPosition Type: Exempt Hours per Week: 40Position SummaryThe Client Services Executive executes relationship management activities for assigned client(s) in accordance with Company guidelines, client needs, and regulatory requirements. "Has minimum necessary access to...

  • MDS Clinical Reimbursement Coordinator

    1 week ago

    Wallingford, United States Wallingford Nursing & Rehab Full time

    Genesis HealthCare is one of the nation's leading providers of healthcare services from short-term to long-term care and a wide variety of living options and professional clinical services. We are changing how care is delivered by bringing together people like you - passionate, highly skilled and motivated to make a difference.Why Genesis?We improve the...

  • MDS Clinical Reimbursement Coordinator

    1 week ago

    Wallingford, United States Wallingford Nursing & Rehab Full time

    Genesis HealthCare is one of the nation's leading providers of healthcare services from short-term to long-term care and a wide variety of living options and professional clinical services. We are changing how care is delivered by bringing together people like you - passionate, highly skilled and motivated to make a difference.Why Genesis?We improve the...

  • Go to Market Director

    7 days ago

    Wallingford, United States Elevance Health Full time

    Elevance Health Go to Market Director WALLINGFORD , Connecticut Apply Now Location: This position will work a hybrid model (remote and office). The ideal candidate will live within 50 miles of our Elevance Health PulsePoint locations. The Go to Market Director is responsible for defining, building, and operationalizing go to market plans to ensure readiness...

  • Client Services Executive

    5 days ago

    Wallingford, United States Zenith American Full time

    Title: Client Services Executive Department: Client ServicesPosition Type: Exempt Hours per Week: 40Position SummaryThe Client Services Executive executes relationship management activities for assigned client(s) in accordance with Company guidelines, client needs, and regulatory requirements. "Has minimum necessary access to Protected Health Information...

  • Member Services Associate

    1 week ago

    Wallingford, United States Wallingford Family YMCA Full time

    Description WALLINGFORD FAMILY YMCA JOB DESCRIPTION Job Title: Member Services Associate Status: Part-Time Reports to: Member Services Coordinator Department: Membership Revision Date: 2/20/24 POSITION SUMMARY: The Member Services Associate will provide excellent customer service to YMCA members. They will be well versed and educated on all facets of YMCA...

  • Senior Instrumentation

    2 weeks ago

    Wallingford, United States Burns & McDonnell Full time

    With Burns & McDonnell's Consumer Products team, we put people first - ours and our Clients'. We care about you, not just because of what you can do, but because of who you uniquely are. In fact, our team's vision is to be the most sought-after design-builder in the industry. We deliver excellence on projects that design and build facilities - that make...

  • Document Control Coordinator

    59 minutes ago

    Wallingford, United States Bio-Techne Full time

    Job DetailsLevel Entry Job Location Wallingford CT - Wallingford, CT Position Type Full Time Education Level High School Job Shift Day Job Category Quality & Regulatory Description By joining Bio-Techne, you'll join a company with a powerful and positive purpose of enabling cutting-edge research in Life Sciences and Clinical Diagnostics. Bio-Techne, and all...

  • Travel Clinical Coordinator Nurse

    5 days ago

    Wallingford, PA, United States Wallingford Nursing & Rehab Full time

    Genesis HealthCare is one of the nation's leading providers of healthcare services from short-term to long-term care and a wide variety of living options and professional clinical services. We are changing how care is delivered by bringing together people like you - passionate, highly skilled and motivated to make a difference. Why Genesis? We improve the...

  • MDS Clinical Reimbursement Coordinator

    5 days ago

    Wallingford, PA, United States Wallingford Nursing & Rehab Full time

    Genesis HealthCare is one of the nation's leading providers of healthcare services from short-term to long-term care and a wide variety of living options and professional clinical services. We are changing how care is delivered by bringing together people like you - passionate, highly skilled and motivated to make a difference. Why Genesis? We improve...

  • MDS Clinical Reimbursement Coordinator

    1 week ago

    Wallingford, PA, United States Wallingford Nursing & Rehab Full time

    Genesis HealthCare is one of the nation's leading providers of healthcare services from short-term to long-term care and a wide variety of living options and professional clinical services. We are changing how care is delivered by bringing together people like you - passionate, highly skilled and motivated to make a difference.Why Genesis?We improve the...