Director of Finance

Valley Cities Behavioral Health Care•Federal Way, WA

About The Position

Valley Cities is hiring a full-time, exempt Director of Finance in Federal Way, Washington. The role leads and supervises accounting personnel and oversees core financial operations, including cash management, internal controls, audits, tax and regulatory compliance, budgeting, forecasting, grants and contracts, and payroll financial controls. The Director coordinates annual financial statement and 403(b) audits; oversees applicable federal and Washington State financial and tax reporting, including Form 990; and works with department leaders on budgets, financial forecasts, labor costs, and variance analysis. The position also oversees grant and contract accounting, restricted funds, and related reporting and compliance. The Director supports the CFO with Certified Community Behavioral Health Clinic (CCBHC) financial operations, including prospective payment system revenue recognition, reimbursement reconciliations, cost allocations, forecasting, and preparation and submission of the annual CCBHC cost report. The role requires a bachelor’s degree in accounting, business, or a related field, at least seven years of progressively responsible accounting or financial management experience, and experience supervising finance or accounting teams. Valley Cities offers a comprehensive benefits package and describes itself as a mission-driven behavioral health organization.

Requirements

Bachelor’s degree from an accredited college or university in accounting, business, or a related field.
At least seven years of progressively responsible experience in accounting or financial management, including prior experience as a Finance Director, Director of Accounting, or in a comparable senior financial leadership role.
Demonstrated experience supervising accounting or finance teams.
Knowledge of nonprofit finance and accounting regulations.
Advanced proficiency in Microsoft Excel, including pivot tables, complex formulas, and financial analysis.
Demonstrated experience using accounting and financial reporting systems and related business applications.
Ability to pass required background checks.

Nice To Haves

Certified Public Accountant (CPA) designation.
Financial management experience in healthcare.
Knowledge of office management, organizational and supervisory procedures, forms, and records.
Familiarity with HIPAA and The Joint Commission, or comparable accreditation standards, as they relate to business and information systems functions.

Responsibilities

Supervise accounting personnel, including training, scheduling, assigning and reviewing work, performance evaluations, coaching, and appropriate personnel actions.
Complete staff evaluations, payroll records, and personnel-related actions accurately and on schedule; ensure reporting staff complete deliverables by established deadlines.
Review daily cash balances, short-term investments, investment accounts, and related account balances.
Oversee cash flow forecasts, liquidity monitoring, and banking activities within delegated authority.
Review bank activity and reconciliations for accuracy and compliance with internal controls, and ensure discrepancies are identified and resolved promptly.
Evaluate and strengthen financial and accounting internal controls to safeguard agency resources.
Develop, implement, and enforce policies and procedures for cash disbursements; evaluate and recommend financial policies, procedures, manuals, and process improvements.
Coordinate the annual financial statement audit, including schedules and adjusting entries; respond to auditors, explain accounting systems and records, review findings, and implement recommendations.
Coordinate the annual 403(b) audit, including supporting schedules, auditor requests, review of results, and follow-up.
Oversee applicable federal and Washington State financial and tax reporting, including Form 990, business taxes, and excise taxes; coordinate supporting information, review the completed return, and ensure timely filing.
Coordinate the agency budget and related materials, and analyze budgeted revenues and expenditures.
Lead budget-to-actual analysis, labor cost monitoring, financial forecasts, and variance reporting in collaboration with department leaders.
Prepare departmental budget requests and monitor expenditures against approved budgets.
Review grant reports and cash requirements across agency grants; oversee grant and contract accounting, restricted funds, and related financial compliance and reporting.
Oversee payroll financial controls, including pre- and post-payroll reviews, authorized compensation changes, payroll expense and liability reconciliations, benefit deductions, and payroll tax reporting, in coordination with Human Resources and payroll personnel.
Oversee payroll-related financial reporting and retirement plan contribution reconciliations in coordination with Human Resources and plan administrators.
Support the CFO with CCBHC financial operations, including prospective payment system revenue recognition, reimbursement reconciliations, cost allocations, forecasting, and coordination with Revenue Cycle Management and other teams.
Support the CFO in preparing, reconciling, and submitting the annual CCBHC cost report, including financial data validation, cost allocations, supporting documentation, and compliance with reporting requirements.

Benefits

Medical, dental, and vision coverage for employees and eligible family members and dependents.
Health Savings Account with an annual $2,000 contribution, prorated monthly.
Agency-sponsored retirement plan with up to 6% employer contributions and pre-tax or Roth options.
Access to Employee Assistance Program (EAP) resources.
Paid time off, paid holidays, and extended sick leave options.
Access to student loan forgiveness programs.
Annual longevity bonuses.
Recognition programs and incentives.
Access to training, supervision, and consultation for professional certification and licensure.
Clinical supervision toward licensure, if applicable.
Paid training days and a yearly training fund.