Chief Financial Officer

Association For Mental Health And Wellness•Brentwood, NY

51d

About The Position

Association for Mental Health and Wellness is seeking a Nonprofit CFO (Chief Financial Officer) to manage the financial operations of the agency, ensuring the agency’s financial health and sustainability. This role will oversee all financial reporting, budgeting, forecasting, financial analysis, and fiscal compliance requirements. The Nonprofit CFO will work closely with the CEO (Chief Executive Officer) and the Board of Directors to develop and implement strategies that support the agency’s mission and goals. Key responsibilities may include, but are not limited to: Financial Management Develop and implement financial strategies that support the agency’s mission and goals Manage and oversee all financial operations, including accounting, budgeting, forecasting, and financial analysis Ensure the accuracy and completeness of financial records, including the general ledger, accounts payable and receivable, payroll, and other financial systems Prepare and present financial reports to the CEO and Board of Directors, providing analysis and recommendations as needed Ensure compliance with all financial reporting and regulatory requirements, including tax filings, audits, and other reporting requirements Develops and maintains systems of internal controls to safeguard financial assets; including establishing controls over financial reporting, fraud prevention, and disclosure Ensures that finance staff maintains financial record systems in accordance with generally accepted accounting principles, and monitors the use of all funds Manage relationships with external partners, including banks, auditors, and other financial service providers Budgeting and Forecasting Develop and oversee the annual budgeting process, working closely with program leadership to develop realistic and achievable budgets Prepares operating budgets for Requests for Proposals (RFP’s) and participates in grant proposal writing and reports as requested Monitor actual performance against budget and provide regular updates and analysis to the CEO and Board of Directors Develop and maintain financial forecasting models that support long-term financial planning and decision-making Strategic Planning and Leadership Work closely with the CEO and Executive leadership to develop and implement strategic plans and goals that support the organization’s mission and vision Lead the Finance Committee, collaborating with other committee members to provide strategic financial guidance and support to the organization Provide leadership and mentorship to the finance team (Accounting, Billing, Accounts Payable and Accounts Receivable) , fostering a culture of continuous improvement and professional development Responsible for the supervision of the Coordinator of Facilities and Maintenance and the oversight of Housing Program operations Oversee project for on-time delivery form outside vendors; IT, data warehouse, building and maintenance Collaborate with other program leadership to develop and implement strategies that support the organization’s mission and goals; driving program sustainability and growth Board Relations and Reporting Report on the financial performance of the agency to the Board of Directors, including regular updates on budget performance, forecasts, and financial risks and opportunities Collaborate with the CEO and Board of Directors to develop and implement financial policies and procedures that align with the agency’s values and strategic goals Represent the agency at internal and external events and meetings, providing financial guidance and support as needed Tax Filing and Compliance Oversee all tax filings and compliance requirements, ensuring that the agency is in compliance with all relevant laws and regulations Maintains a thorough working knowledge of federal, state and managed care reimbursement payment methodologies, including: contractual accounting, payment calculations, billing requirements and compliance issues Manage relationships with external auditors and other financial service providers to ensure compliance with all reporting and regulatory requirements

Requirements

Bachelor's degree in Finance or Accounting and/or its equivalent required, CPA preferred.
Minimum ten years' in a CFO role required
Behavioral health/healthcare experience preferred
Knowledge of Health Insurance, including Medicaid, Medicare and MCO’s required; Behavioral Health billing a plus
Experience working with finance and accounting software packages; knowledge of Fund EZ nonprofit accounting software preferred
Proven track record of successful financial management, including experience developing and implementing financial strategies, managing budgets, and overseeing financial reporting and compliance
Must have knowledge with specific funding sources: OMH, OTDA, HUD
Excellent verbal and written communication skills required
Exceptional organizational, communication, leadership, and interpersonal skills
Accuracy and attention to detail are essential
Strong quantitative and analytical skills required
Demonstrated ability to set priorities, handle multiple assignments, and work with resourcefulness and efficiency in a fast-paced and changing environment
A commitment to supporting psychiatric recovery and emotional healing and wellness

Responsibilities

Develop and implement financial strategies that support the agency’s mission and goals
Manage and oversee all financial operations, including accounting, budgeting, forecasting, and financial analysis
Ensure the accuracy and completeness of financial records, including the general ledger, accounts payable and receivable, payroll, and other financial systems
Prepare and present financial reports to the CEO and Board of Directors, providing analysis and recommendations as needed
Ensure compliance with all financial reporting and regulatory requirements, including tax filings, audits, and other reporting requirements
Develops and maintains systems of internal controls to safeguard financial assets; including establishing controls over financial reporting, fraud prevention, and disclosure
Ensures that finance staff maintains financial record systems in accordance with generally accepted accounting principles, and monitors the use of all funds
Manage relationships with external partners, including banks, auditors, and other financial service providers
Develop and oversee the annual budgeting process, working closely with program leadership to develop realistic and achievable budgets
Prepares operating budgets for Requests for Proposals (RFP’s) and participates in grant proposal writing and reports as requested
Monitor actual performance against budget and provide regular updates and analysis to the CEO and Board of Directors
Develop and maintain financial forecasting models that support long-term financial planning and decision-making
Work closely with the CEO and Executive leadership to develop and implement strategic plans and goals that support the organization’s mission and vision
Lead the Finance Committee, collaborating with other committee members to provide strategic financial guidance and support to the organization
Provide leadership and mentorship to the finance team (Accounting, Billing, Accounts Payable and Accounts Receivable) , fostering a culture of continuous improvement and professional development
Responsible for the supervision of the Coordinator of Facilities and Maintenance and the oversight of Housing Program operations
Oversee project for on-time delivery form outside vendors; IT, data warehouse, building and maintenance
Collaborate with other program leadership to develop and implement strategies that support the organization’s mission and goals; driving program sustainability and growth
Report on the financial performance of the agency to the Board of Directors, including regular updates on budget performance, forecasts, and financial risks and opportunities
Collaborate with the CEO and Board of Directors to develop and implement financial policies and procedures that align with the agency’s values and strategic goals
Represent the agency at internal and external events and meetings, providing financial guidance and support as needed
Oversee all tax filings and compliance requirements, ensuring that the agency is in compliance with all relevant laws and regulations
Maintains a thorough working knowledge of federal, state and managed care reimbursement payment methodologies, including: contractual accounting, payment calculations, billing requirements and compliance issues
Manage relationships with external auditors and other financial service providers to ensure compliance with all reporting and regulatory requirements