Chief Financial Officer
Our client, a private, non-profit, W/NPO certified organization based in Watertown, MA, seeks a Chief Financial Officer for an immediate opening in its main office. The prospective candidate will thrive in a fast-paced, dynamic environment that puts a premium on teamwork. This position presents a qualified financial professional with the unique opportunity to join an established team within our Finance Division. The ideal candidate must have experience working in the non-profit sector, have practical knowledge of all aspects of the Department of Developmental Services (DDS)/EOHHS financial operations, associated budgets, and reporting systems and have a proven supervisory background.
The Chief Financial Officer will:
- Direct all financial operations for the organization
- Supervise AP/AR and other financial personnel
- Assist in the preparation of all necessary regulatory filings including Annual Reports, Forms 1099 and 990, etc.
- Reconcile all financial activity between accounting systems and other databases (such as Microsoft Dynamics, ComBuys, EIM, and Paycom Payroll Interface)
- Monitor financial processes, compliance, and accounting
- Coordinate all aspects of general accounting, accounts payable, accounts receivable, disbursements, billings and receivables, account and bank reconciliations, payroll coordination and audit preparation
- Maintain all general ledger accounts, conduct monthly and year end closing procedures, and prepare monthly financial forecasts
- Review cash flow to ensure funds are available to meet organization-wide operating needs
- Manage the organization’s fixed assets
- Develop and lead a range of project implementations for the Finance Department.
- Work closely with the Executive Team to define, scope, estimate and price all project implementations
- Develop and complete the annual budget including spreadsheets for budget utilization
- Coordinate with the Executive Team in preparing final spreadsheets for Board meetings regarding the budget
- Develop, implement, and communicate business and fiscal policies and procedures
- Ensure the Agency’s compliance with federal, state, and local regulations regarding filings, charitable solicitations, and non-profit tax-exempt status
- Maintain relationships and appropriate documentation with banks, brokerage firms, investment managers and other financial institutions
- Prepare monthly reports for the Executive Director and Board of Directors
- Educate all relevant personnel on the financial policies, procedures and requirements of the agency
- Carry out special projects for the Executive Director as requested
Qualifications:
- B.A. in Accounting, Finance, or another related field (master’s degree preferred)
- Strong analytical and data collection skills
- Working knowledge of DDS/EOHHS contract processes and billing procedures
- Ability to communicate effectively
- Minimum 10 years of Non-Profit Finance experience in a CFO or similar role
- Diligence, productivity, and intrinsic motivation
Our client is a human service agency with 350 employees committed to providing progressive programs and services to 230 adults with developmental and intellectual disabilities in the Greater Boston area. They are seeking energetic, motivated, and committed professionals who want to make a difference. The CFO position includes an above-industry standard salary and a comprehensive array of benefits:
- Generous vacation, holiday, and sick time
- Mass General Brigham Health Plans, Delta Dental, FSA, and Vision Care Plans
- Wellness programs and incentives
- Paid education benefit
- Employer sponsored life insurance
- Tuition Remission Program
Job Type: Full-time
Pay: $160,000.00 per year
Benefits:
- Dental insurance
- Employee assistance program
- Health insurance
- Life insurance
- Paid time off
- Parental leave
- Tuition reimbursement
- Vision insurance
Schedule:
- Monday to Friday
Work Location: In person
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