Job Details Job Location: Brothers Of Mercy Management Company - Clarence, NY Salary Range: $170,000.00 - $220,000.00 Salary/year

Chief Financial Officer

$170,000-$220,000

Role Description:

This is a full-time on-site role as the Chief Financial Officer at The Brothers of Mercy Wellness Campus located in Clarence, NY. The Chief Financial Officer will be responsible for financial planning, financial statements, finance, analytical skills, and financial reporting. The organization has grown in scope and scale over the last ten years, and is looking for the new CFO to streamline processes, improve automation and adopt business intelligence tools that will drive future performance and potential growth. The new CFO must have experience in the senior living space, and working knowledge of CMS and nursing home reimbursement.

Essential Job Functions:

Directs the preparation of all financial statements, including income statements, balance sheets, cash flow reports, tax returns, outside lending institution requirements, audit related reports and government agency reports.
Creates an improved monthly close process for accurate, timely financial statements.
Compares revenue and expense budgets against actual performance for each operating unit; makes or oversees any necessary adjustments to future projections/budgets.
Implements business intelligence tools to support operations and drive improved financial outcomes.
Serves as point of contact with the Board Chair of the Finance Committee and Board Chair of the Strategic Planning Committee for financial matters.
Sets, champions and articulates the strategic vision for the Finance Department. Promotes and executes the mission of Brothers of Mercy to assure marketplace recognition and respect for the financial operation with outside finance and government agencies.
Partners to create key performance metrics for all locations, and supplies timely information and support to achieve set metrics.
Develops work plans, and assists Board committee chairs in analyzing and developing agendas and recommendations for the Finance/Audit Committee and Strategic Planning Committee. Attends and participates in these committees throughout the year.
Formulates policies and procedures and monitors compliance of financial internal controls for the protection of organizational assets.
Performs the duties of corporate liaison with investment managers and bank custodians of corporate portfolios.
Performs cost reporting – Medicaid/Medicare (NRC and SHH).
Actively participates and supports third party audits both external (OMIG, Insurances, Government) as well as internal (Freed Maxick CPA’s).
Prepares tax returns and 990’s.
Reviews rates for 3rd party reimbursement issues – reviews of rates/appeals/hearings.
Promotes accountability and assures effective goal setting and management within area of responsibility.
Implements insurance programs for asset protection, corporate liability and other federal, state and local laws and regulatory requirements such as Workers’ Compensation and Disability related programs.
Interfaces with the Board of Directors and Public Accountants in matters pertaining to financial management and annual statements. Review all financial statements and approve their distribution to the Finance Committee of the Board and on to the full Board.
Advises and assists CEO in matters pertaining to the financial and technological strategy and operation of the organization.
Works in collaboration with the Chief Human Resources Officer and Chief Operating Officer regarding wage and salary programs, and employee benefit programs.
Reviews business contracts for compliance with acceptable business laws, regulations and practices and/or recommends their review by Legal Counsel. Assess impact of contracts on the financial viability of the corporation and ensure within sound business practice.
Assures accounting policies and procedures comply with generally accepted accounting principles.
Reviews operational and capital budgets. Makes recommendations for any modification based on organizational needs and financial viability. Recommends private rate increases as appropriate.
Provides counseling, dispenses advice, guidance and direction to employees and management/leadership personnel with respect to financial operations.
Undertakes special assignments and other duties directed by the CEO, Chair of Board Finance Committee, and Chair of Board Strategic Planning Committee.

Qualifications

A minimum of a Bachelor’s degree in Accounting or Finance. Prefer MBA in Finance and/or CPA.
The ideal candidate will demonstrate progressive positions of leadership in a financial position with a minimum of 5 or more years’ experience, preferably in a NYS health care setting.

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