Job Opening: Chief Financial Officer

Company
Comunilife
Location
New York, NY
Posted on
May 1, 2024

Chief Financial Officer

Job Details

Job Location

New York, NY

Position Type

Full Time

Education Level

Graduate Degree

Salary Range

$241,393.87 - $251,393.87 Salary

Travel Percentage

None

Job Shift

Day

Job Category

Finance

Description

Comunilife is looking for an experienced Non-profit Chief Financial Officer to lead our Finance Team. Reporting to the President/CEO, the CFO provides strategic financial leadership for Comunilife and supports its program growth and financial viability. The CFO is responsible for the hands-on supervision of the Finance Team. Along with the president/CEO, the CFO represents Comunilife to entities both internally and externally, including staff, funders, donors, consultants, etc. Comunlife offers all full time staff a generous benefits and paid time package.

Essential Duties:

  • Establish and direct fiscal functions in accordance with nonprofit accounting principles, including those set by the Financial Accounting Standards Board (FASB), and industry-specific financial management practices.

  • Provide strategic financial leadership and act as the principal financial advisor to the President/CEO, Board of Directors, and Senior Management Team.

  • Conduct timely and accurate analysis of budgets, financial reports, and trends to support decision-making by the President/CEO, Board of Directors, and Senior Management Team.

  • Oversee the development and management of the organization’s annual budget.

  • Manage grants and contracts systems, integrating the annual budget and restricted funding, and monitoring budget modifications, contract reporting, revenue vouchering, and collection processes.

  • Collaborate with the finance committee of the board of directors to develop short-, medium-, and long-term financial plans and projections.

  • Establish and enforce sound fiscal policies, procedures, and controls.

  • Oversee cash flow planning to ensure the availability of funds as needed, managing cash, investments, and assets, and evaluating the need for obtaining credit or investing surplus.

  • Work closely with funding sources, including NYS OMH, DASNY, OTDA, The AIDS Institute, NYC-DOHMH, NYCDHS, HRA/HASA, and others.

  • Collaborate with the President/CEO and relevant staff on housing finance strategies, including Low-Income Housing Tax Credits, bond and loan financing, and mortgage refinancing.

  • Serve as the administrator and trustee for the organization’s pension plan.

  • Lead both internal and external auditing efforts.

  • Manage and maintain the integrity of the organization’s Medicaid billing systems.

  • Create, manage, and develop a capable Finance Team.

Qualifications

Education and Experience Requirement(s)

A Masters’ Degree in Business Administration, Finance, Non-profit Management, or other relevant field.Certification. Fifteen (15) years of experience within a similar role as CFO with at least ten (10) years ofexperience specifically in nonprofit accounting, grant, and financial management. Excellent projectmanagement skills. Extensive experience negotiating and working with government contracts, especially NYC-DOHMH, NYS-OMH, NYC-HRA, NYC-DHS, NYS Office of Medicaid, NYSHCR, HUD HPD, OTDA,DASNY, and SSA. Facility with accounting software and capital budgeting and superior knowledge of taxation,auditing, and budgeting. Executive-level managerial ability to lead senior managers in planning andimplementing the organization’s mission, goals, and objectives.

Comunilife is an EEO employer and provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

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