General Statement of Duties:

The CFO is responsible for directing the fiscal functions of the agency in accordance with generally accepted accounting principles, and in compliance with governmental and regulatory requirements.  The incumbent is a strategic partner to the Executive Director, part of the Leadership Team, and charged with financial responsibility for the whole company.  The incumbent is responsible for providing administrative supervision to the Sr. Fiscal Manager and the Reimbursement Administrator.

In carrying out the assigned position responsibilities, the CFO is required to exercise sound judgment; rely on experience and judgment to devise procedures and methods; participate in formulating and carrying out policies, objectives, and programs; demonstrate initiative and problem solving skills; and maintain a high degree of confidentiality.  The position reports to the Executive Director.

This position is classified as exempt under the provision of the Fair Labor Standards Act.

Major Duties and Responsibilities:

Oversees the accounts payable, payroll, internal auditing, billing and reimbursement administration, and accounts receivable functions and the maintenance of accounting, financial, audit and tax records and reports.

Oversees and participates in the preparation, administration and revision of the agency’s annual budget.

Negotiates and prepares agreements with third party payers such as Medicaid, Medicare, Private Insurance companies, etc.

Oversees and reports on prepared revenue and expense reports for various fund sources

Oversees preparation of annual financial statements and work papers and coordinates audit with outside CPA Firm; including improvement of the Board’s system of internal controls within available resources

Prepares and presents reports to the agency’s Board and serves as primary support staff to the Board’s Finance Committee.

Reviews and approves accounting, reimbursement, procurement and property management purchases.

Administers the agency’s system of procurement reviews, evaluates and negotiates contracts, and screens requisitions for the purchase of good and services.

Reviews financial transactions for affiliated non-profit organizations.

Drafts, implements, and monitors purchasing policies and procedures.

Reviews and approves semi-monthly payroll transactions such as personnel actions, time sheets, travel reimbursements, payroll deductions, taxes, payroll register, etc.

Reviews and approves biweekly and monthly accounts payable registers.

Monitors agency cash flow and advises on timing of investments to maximize interest income

Makes recommendations and manages CSB investments, including LGIP and other accounts, under the supervision of the Executive Director.

Does related work as assigned.

Maintains effective relationships with co-workers and customers based on courtesy, compassion, and respect.

Represents the Board at conferences and government meetings as well as with other organizations, for the purposes of exchanging information, coordinating services, and developing and maintaining inter-agency agreements regarding financial, reimbursement, and management information matters.

Provides overall supervision of financial data reporting including a regularly scheduled flow of information to management staff and the Board and responses to financial and statistical inquiries by management, the Board, and external parties.

Provides overall supervision of Board financial operations including risk management and insurance functions, general accounting, petty cash, purchasing and procurement, cash disbursements, accounts payable, payroll, cash receipts,  (duplicate)accounts receivable, reimbursement.  Ensures financial Policy and Procedures manuals are kept current.

Recruits, screens, and recommends the hiring of staff under incumbent’s supervision and conducts performance evaluations of staff; ensures supervision, training, and staff development is provided for staff in accordance with state licensing requirements and program needs.

Actively participates in the financial and management decision making process by working cooperatively with Directors in preparation of program operating budgets, performance contracts and revisions.

Serves as a member of the HRCSB Leadership Team assisting in the development and implementation of needs assessments, long range planning, and policies and procedures to ensure services are delivered in an efficient and effective manner.

Required Knowledge Skills and Abilities:

The incumbent must possess:

Management experience in a health care or government environment

A master’s degree in business administration or accounting from an accredited college or university

Demonstrated knowledge of:

Generally Accepted Accounting Principles (GAAP)

Generally Accepted Auditing Standards (GAAS)

Government Auditing Standards (GAS)

Budget Development methods and process

Health care management

Third party reimbursement

Cash management

Management information systems and automated accounting methods

Federal compliance issues

Internal control structure

Purchasing practices

Supervisory and training techniques

Program and planning evaluation

Personnel Management

Policy formulation and implementation

Inter-agency coordination; and

Communication techniques (oral, written and interpersonal)

Minimum Experience and Education:

Master’s degree in Accounting, Business Administration or related area required; extensive experience in managing automated financial systems; supervisory experience. Certified Public Accountant preferred.