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CHIEF FINANCIAL OFFICER
$270k-447k (estimate)
Full Time 6 Months Ago
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BEDFORD-STUYVESANT FAMILY HEALTH CENTER is Hiring a CHIEF FINANCIAL OFFICER Near Brooklyn, NY

The Bedford-Stuyvesant Family Health Center (BSFHC) is a 501C3 Federally Qualified Health Center (FQHC) that serves all of the primary health care needs of families in the heart of North and Central Brooklyn for over 40 years. Our mission is to provide the most professional, courteous and highest quality health care, with dignity, to those we serve, especially the undeserved population, without regard for ability to pay.

We are seeking a Chief Financial Officer (CFO) whose role will be to work effectively as a thought partner to the President & CEO, Board of Directors, and to provide leadership to the finance team.

POSITION SUMMARY:

Reporting to the President & CEO, the Chief Financial Officer (“CFO”) CFO will have oversight for an operating budget. A primary function of the role will be to work effectively as a thought partner to the President & CEO, Board of Directors, and executive team to set goals and direction, manage emerging strategic and operational issues, facilitate cross-department collaboration, ensure financial stability for the future and nurture the organization’s culture and values. The CFO will be highly effective in translating complex financial data into understandable concepts that allows for effective decision-making.

The CFO will have the ability to balance strategic thinking with hands on day-to-day operations. Leading a team of 10, the CFO will be responsible for overseeing all fiscal and fiduciary responsibilities for the organization, ensuring timely and accurate financial reporting and budget processes, conducting strategic analysis of business performance and forecasting, and providing oversight of finance. The CFO will have the aptitude to build a long-term financial forecast, coordinate audits and enhance and implement financial accounting systems, processes, tools and control systems.

The individual manages the Fiscal Department personnel in performance of their duties, participates as a partner and resource on fiscal matters throughout the organization.

Duties and Responsibilities include but not limited to:

  • Provide leadership to the finance team, work to ensure consistency across functions and model a customer-services oriented approach to providing exceptional service to both internal and external stakeholders.
  • Serve as a thought partner and provide financial and strategic support to the President & CEO and Board of Directors in order to support BSFHC’s long-term growth and financial viability.
  • Develop successful and trusting relationships with the organization’s Board members, senior management team, finance team, external auditors, financial entities, funders and vendors through open and transparent communication and a team-oriented approach.
  • Oversee the day-to-day operations of the organization’s finance function and provide leadership, direction and supervision to the organization accounting and billing staff engaged in day to day internal accounting and cash management.
  • Working with the President & CEO and Controller, develop yearly operating plan and budget, present plan to the Board of Directors; monitor financial performance to budget goals and report results.
  • Provide updated and frequent financial and budgeting insights and analysis to the President & CEO and Finance Committee. Create dashboards and other tools to clearly articulate the organization’s financial position and goals to senior staff and leadership.
  • Represent the organization externally to government agencies, auditors and the general public on matters financial involving BSFHC.
  • Oversee all external audit responses scheduled by funders. Prepares responses to findings and implements recommendations.
  • Ensure that all appropriate tax filings and supplemental audit financials are submitted on a timely basis.
  • Work closely with the Senior Accountant and staff to oversee all financial reporting, including monthly Balance Sheets, P & L Statements, and Cash Flow Scenarios. The CFO will to ensure sound AP/AR and payroll functions.
  • Work closely with the President & CEO and outside auditors to oversee the timely completion and accuracy of audits.
  • Review quarterly expenditure reports for contracts and grants.
  • Report all significant financial matters to the President & CEO.
  • Attends Board of Directors meetings as required.
  • Coordinates and prepares materials for monthly Boards meetings.
  • Oversees and maintains records of the Center’s restricted accounts in collaboration with the Executive Team.
  • Provides supporting documentation for grants and annual reports.
  • Design and implement Medicaid/Funder’s Fee for Service accounting, billing and reporting processes.
  • Ensure financial controls and procedures are streamlined and that clear policies are implemented to create proper checks and balances and best practices.
  • Enhances and/or develops, implements and enforces policies and procedures of the organization by way of systems such as appropriate financial systems and payroll that will improve the overall operation and effectiveness of the Center.
  • Develops the annual budget process, including forecasting based on analysis of operational statistics.
  • Seeks explanations of budget variances from departments or programs, when appropriate, and communicates budget variances consistently with support for variations and explanations.
  • Provides timely and accurate analysis of budgets, financial reports and financial trends in order to assist the Board and CEO in performing their responsibilities.
  • Serves as a resource to operating units in preparing forecasts and budgets based on organizational goals, and departmental/program needs.
  • Develops and maintains a reliable cash flow process and reporting mechanism that includes minimum cash threshold to meet operating needs.
  • Coordinates the development and execution of grant contracts and agreements, and respective accounting functions.
  • Evaluates the Fiscal Department staff structure and team plan for continual improvement of the efficiency and effectiveness of the group and provides individuals with professional and personal growth.

Please send resume and cover letter with salary requirements for consideration.

Benefits Overview: We offer attractive compensation with comprehensive benefits including: Medical, 401k Retirement Plan with discretionary Match, Free Life Insurance and Long-Term Disability, Transportation Plan, Generous Paid Vacations and Holidays.

BSFHC IS AN EQUAL OPPORTUNITY EMPLOYER

Job Summary

JOB TYPE

Full Time

SALARY

$270k-447k (estimate)

POST DATE

10/02/2022

EXPIRATION DATE

01/30/2023

WEBSITE

bsfhc.org

HEADQUARTERS

BROOKLYN, NY

SIZE

200 - 500

FOUNDED

1976

REVENUE

$10M - $50M

INDUSTRY

Ambulatory Healthcare Services

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About Bedford Stuyvesant Family Health Center

Bedford-Stuyvesant Family Health Center (BSFHC) is a Primary Care Health Facility, offering a broad range of integrative primary and specialty health care services, with an emphasis on prevention, patient education and supportive programs and services, located at 1456 Fulton Street, Brooklyn, New York.

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