Chief Financial Officer

Job Title:

Chief Financial Officer (CFO)

About the Role

Sequoia Healthcare District seeks a detail-oriented and highly organized staff Chief Financial Officer (CFO) to lead the agency's financial strategy, budgeting, and reporting processes.

Main Responsibilities

Below are the key responsibilities of the Chief Financial Officer role.

General Accounting Supervision

• Oversee and work alongside the Accounting Clerk in performing general day-to-day bookkeeping duties, including maintenance of the general ledger, recording journal entries, reconciling bank statements, preparing year-end 1099 forms for vendors, and maintaining an Excel grants spreadsheet of all active grants for the fiscal year.
• Prepare timely and accurate financial statements and generate reports for review by management, Board, and Finance Committee.
• Present financial information in an accessible manner to non-financial stakeholders through reports and presentations for public meetings.
• Provide online reports to County and State agencies, including annual Form 5500 employee census, Financial Transactions reports to State Controllers office, Registry of Public Agencies to the Secretary of State, Department of commerce census data, State Controllers Compensation Report, Local Agency Biennial notice of conflict-of-interest code, etc.
• Ensure compliance with local, state, and federal financial regulations, as well as grant requirements and audit standards.
• Collaborate with the Accounting Clerk and auditors and provide necessary documentation for annual audits.

Financial Strategy and Planning

• Develop and implement long-term financial strategies to support the agency's mission and objectives.
• Oversee Schwab investment accounts, including funds transfers to the checking account.
• Provide financial advice and forecasts to guide strategic decision-making.
• Identify opportunities to optimize revenue streams and reduce costs.

Budgeting and Financial Management

• Lead the preparation and management of annual budgets.
• Monitor financial performance, ensuring budgets are adhered to and expenditures align with approved allocations.
• Oversee cash flow management and financial planning to ensure fiscal stability.

Payroll Processing

• Manage payroll, enroll new employees in the payroll system, track employee salaries and paid time off, report hours to Paychex Payroll System, resolve any payroll issues.
• Act as retirement services liaison, enroll new employees in the retirement system, track employee deductions, transfer of funds.
• Conduct employee and director enrollments into the CalPers health system and make changes to coverage as requested.

Budgeting & Forecasting

• Work with the CEO to develop budgets and financial plans.
• Facilitate discussions with the CEO and Board Finance Committee on financial policies and their implications.
• Interpret and analyze financial data to make informed decisions.
• Identify inefficiencies and implement cost-saving measures.
• Connect financial decisions to broader organizational goals.
• Anticipate financial risks and opportunities for the organization.

Risk Management and Internal Controls

• Comply with accounting policies, procedures, and internal controls to safeguard District assets.
• Assess and manage financial risks, ensuring adequate safeguards are in place.
• Ensure accuracy in financial records, reconciliations, and reporting.
• Identify discrepancies and resolve errors promptly.
• Demonstrate transparency and accountability in handling public funds.
• Uphold ethical standards to maintain public trust.
• Advise on matters related to financial governance and accountability.

Regulatory Compliance

• Stay up-to-date and ensure adherence with federal, state, and local regulations affecting public finance.
• Stay updated with changes in governmental accounting standards, technology, and funding models.
• Adapt to new tools, systems, and regulations as they evolve.

Qualifications

The ideal candidate will possess the following qualifications:

• Minimum Bachelor's Degree in Accounting, Finance, Economics, or a related field.
• Either CPA, CFA, or CMA certification.
• A strategic thinker with a minimum of 7 years of experience in financial management, risk management, and compliance, preferably in a government or public sector setting.
• Proficiency in accounting software (QuickBooks) and Microsoft Excel.
• Strong analytical, problem-solving, and organizational skills.
• Attention to detail and ability to handle confidential financial information.

Work Environment, Schedule, and Location

The successful candidate will be part of a small team in a supportive office environment. The standard schedule is 9-5 with one remote workday per week. This is a full-time position based in San Carlos, CA, with a minimum of six bi-monthly evening board meetings per year.

Compensation

We offer a competitive salary commensurate with experience and generous benefits, including medical, dental, vision, 401(k) retirement, life insurance, vacation, and sick time accrual plan.