Chief Financial Officer

2 days ago

Louisville, Kentucky, United States Wellspring Full time

POSITION SUMMARY:

The Chief Financial Officer (CFO) serves as a key member of the executive leadership team, responsible for overseeing Wellspring's financial strategy, operations, and compliance. Reporting directly to the CEO, the CFO leads the organization's finance, treasury, risk management, and human resources functions to ensure fiscal integrity, operational efficiency, and alignment with Wellspring's mission and strategic goals.

EDUCATION AND EXPERIENCE REQUIREMENTS:

  • Education: Bachelor's degree in Accounting, Finance, Business Administration, or a related field required. CPA or advanced degree preferred.
  • Experience: Minimum of 5–10 years of progressive leadership experience in financial management. Nonprofit experience, including government grants and Medicaid billing, strongly preferred.

RESPONSIBILITIES:

  • Champion Wellspring's mission, values, and strategic objectives.
  • Lead all financial operations, including budgeting, forecasting, reporting, and compliance.
  • Develop and maintain medium- and short-term financial plans in collaboration with the CEO and executive team.
  • Advise the CEO on financial implications of strategic decisions and operational policies.
  • Ensure adherence to GAAP, HUD, Medicaid, and other regulatory standards.
  • Oversee internal controls, financial systems, and reporting processes.
  • Manage banking relationships and conduct confidential financial transactions.
  • Ensure appropriate insurance coverage for agency assets and operations.
  • Lead and develop a high-performing finance and administrative team.
  • Negotiate and manage contracts, ensuring risk mitigation and alignment with agency interests.
  • Stay current on legal, economic, and accounting developments impacting the nonprofit sector.
  • Present financial reports to the CEO, senior leadership, and Finance Committee.
  • Attend all Board of Directors meetings and serve as a key financial advisor.
  • Coordinate and manage annual audits and ensure compliance with all federal, state, and local financial reporting requirements.
  • Evaluate feasibility of new projects and oversee implementation planning and execution.
  • Collaborate with the Housing Director to ensure safe, well-maintained housing and program environments.
  • Supervise staff in the following areas:
  • Accounts Payable/Receivable
  • Payroll
  • Credentialing and Insurance Relations
  • Medicaid/Medicare Billing

CORE COMPETENCIES:

  • Strategic Financial Leadership
  • Sound Judgment and Decision-Making
  • Visionary Thinking and Planning
  • Client-Centered Focus
  • Organizational Alignment and Execution
  • Bold and Ethical Leadership
  • Collaborative Team Building
  • Relationship Management
  • Trustworthiness and Integrity
  • Adaptability and Agility
  • Brand Stewardship

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