What are the responsibilities and job description for the Chief Financial Officer position at Lake-Geauga Recovery Centers?
Job description:
Lake-Geauga Recovery Centers, Inc., is a private non-profit agency, providing continuous service to the community since 1971. At every level from prevention to residential recovery services, we offer a message of hope to individuals, families, groups, and entire communities. The Center provides a wide range of services for adults whose lives have been affected by their own or another’s use of alcohol or other drugs, by problem gambling, or by mental illness. Licensed, trained professionals offer support, education, and counseling to individuals, families, businesses, other service providers, and the community at large. Our goal for treatment services is to help individuals achieve long-term recovery and an improved quality of life. Our mission is to promote lifelong recovery from addiction through education, prevention, and treatment regardless of ability to pay. Lake-Geauga Recovery Centers aspires to provide premier behavioral healthcare services. We strive for excellence through proven practices and for leadership in partnering with community organizations to work towards an addiction-free society.
Job Summary
The Chief Financial Officer (CFO) provides both operational and programmatic support to the agency and is the chief financial spokesperson for the agency. The CFO reports directly to the President & Chief Executive Officer (CEO) and provides meaningful guidance to staff and Board for agency continuance, planning & growth through budget management, cost benefit analysis, forecasting needs and the securing of new funding.
Duties & Responsibilities
- Supports the agency’s mission by performing essential financial tasks.
- Trains staff and orient new board members in financial management.
- Collaborates with the President & CEO on strategic planning and stakeholder engagement.
- Assists in identifying new funding opportunities and developing program budgets.
- Establishes and documents financial controls to safeguard assets and pass audits.
- Provides operating budgets and ensures programmatic success through cost analysis and compliance with federal, state, local and contractual guidelines.
- Manages fiscal reporting, including monthly revenue/expense, balance sheet and cash flow reports.
- Analyzes agency costs against Medicaid rates annually or as needed.
- Oversees all accounting, billing, payroll activities, and completion of the general ledger.
- Manages Accounts Payable and Receivable, ensuring a disaster recovery plan is in place.
- Coordinates independent audits, resolving issues and ensuring compliance with U.S. GAAP.
- Attends board and committee meetings, serves as lead staff on the Finance Committee.
- Recruits, hires, trains, supervises, evaluates, disciplines and terminates subordinate staff with the approval of the President & CEO.
- Monitors banking activities and manages cash flow to meet agency needs.
- Assists in the financial administration of the agency’s Savings and Retirement Plan.
- Conducts annual healthcare coverage analysis and explores cost-effective benefits.
- Ensures timely completion of annual account reconciliations.
- Prepares pension plan funding schedules.
- Assists in designing and implementing wage incentive and salary calculations.
- Supports grant preparation and reporting with the President & CEO and COO.
- Upholds ethical standards and confidentiality for board members, staff, and clients.
Qualifications
- Bachelor’s degree in accounting, finance, or a related field; Master’s degree preferred.
- Five to seven years of financial and management experience in an organization with at least 50 staff members.
- Familiarity with not-for-profit accounting principles (U.S. GAAP).
- Proficient in office software, especially Microsoft Excel, and QuickBooks.
- Ability to analyze and present financial and clinical data for strategic planning.
- Strong written and verbal communication abilities and effective in a team management environment.
- Ability to engage with recovering individuals and their families.
- Minimum of 5 years in a personal recovery program, if applicable.
Job Type: Full-time
Benefits:
- Dental insurance
- Employee assistance program
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Professional development assistance
- Referral program
- Retirement plan
- Tuition reimbursement
- Vision insurance
- Work Location: In person