Description

Once in a Lifetime Rare Opportunity! We are looking for our next Chief Financial Officer (CFO)!

Our History & Mission

Providing care and compassion for the elderly for more than a century!

Hooverwood Living’s history dates to 1902, when our building was first established as the Jewish Shelter House. In 1929, it became the Borinstein Home, which provided care and services to the elderly. While our services have expanded considerably over the years, our mission has remained consistent: to serve the elderly with dignity, respect, and the highest standards of care. 

Hooverwood Living was established at its present location in 1970 and has grown to become a well-organized and respected facility offering skilled nursing, memory care, assisted living, adult day, rehabilitation services, and hospice. We are a nonprofit facility with Medicare and Medicaid certifications. 

Role Overview for Chief Financial Officer (CFO):

As the Chief Financial Officer, you will supervise/oversee all fiscal and operations of the accounting staff. You will monitor the allotments and expenditures to ensure proper funding exists and will maintain proper accounting controls including systems that will assure accurate financial reporting at all times. You will also be responsible for overseeing the payroll review, approving requisitions, daily reports of collections, preparing budget impact statements, GL journals, cost reconciliations, and licensed billing, and you’ll be responsible for creating the budgets, long-term financial goals, and year-end-forecasting. You will also be responsible for ensuring reported results comply with general accepted accounting principles (GAAP) and nonprofit/healthcare reporting standards. 

Salary Compensation:

· Based on experience. 

· Potential bonus opportunities.

Schedule:

· Flexible work options.

Requirements

Key Responsibilities/Duties for the Chief Financial Officer (CFO): 

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· The Chief Financial Officer (CFO) will be responsible for establishing and maintaining financial policies, procedures, controls and reporting systems. Being able to enforce policies and procedures. 

· Ensuring legal and regulatory compliance for all accounting and financial reporting. 

· Hire, train, develop, and appraise staff effectively. 

· Lead and manage financial department. 

· Being able to advise management of actions and potential risks. 

· Manage budget and control expenses effectively. 

· Arrange audits as required and appropriate. 

· Indirectly manage all reports in the financial department. 

· Operate in a professional environment. 

· Ensure compliance with federal regulations, state and federal healthcare reimbursement policies, and internal financial policies. 

· Establish/control to safeguard the facility assets. 

· The CFO will be able to assist CEO/President with Project Management and future Capital needs. 

Chief Financial Officer (CFO) Qualifications:

· Bachelor’s degree in finance, accounting, or related from a accredited college.

· The CFO must be Certified Public Accountant.

· 3-5 years of experience in accounting. 

· Executive Leadership Experience

· In-depth Knowledge (Proven) of financial management, healthcare management in a nonprofit setting, and regulatory compliance. 

· Experience with accounting software systems, transaction entries, account reconciliations, and detailed financial analysis. 

· Effective communication, presentation, and interpersonal skills, 

· Being able to be adaptable, and self-starter. 

· Highly organized and detail orientated.