Chief Financial Officer
Neighborhood Service Organization · Detroit, MI · 1 mo ago
FinanceFull-time
About the role
The Chief Financial Officer (CFO) provides strategic and operational leadership for NSO’s Finance, Accounting, Revenue Cycle and Procurement functions. Reporting to the President and CEO, key areas of responsibility include fiscal operations management, corporate budgeting, costing, fiscal audit oversight, board liaison, fiscal liaison to funders and payers, grant accounting, revenue cycle management, and procurement.
Responsibilities
- Fiscal Operations Management
- Ensures availability of resources to meet short- and long-term needs
- Ensures availability of resources to meet short- and long-term needs
- Ensures availability of resources to meet short- and long-term needs
- Corporate Budgeting
- Develops pro forma and statistical information to analyze the fiscal impact of changes in needs, service delivery requirements, reimbursement regulations and inflation rates
- Costing
- Establishes the costing methodology used for reporting of all services
- Fiscal Audit Oversight
- Coordinates and plans all fiscal audits
- Assigns work responsibilities necessary to complete all required schedules
- Affords assistance to auditors with the final determination of management comments and implementation of recommendations
- Board Liaison
- Serves as the fiscal representative in Finance and Audit Committee, Investment Committee and Board of Directors meetings
- Updates Board Members on fiscal issues impacting their decisions
- Recommends management strategies
- Fiscal Liaison to Funders and Payers
- Serves as the fiscal liaison to all funders and payers
- Resolves issues and ensures compliance with reporting requirements
- Grant Accounting
- Establishes and ensures compliance with policies and procedures for managing restricted fund grants and contract accounting
- Revenue Cycle
- Maintains the revenue cycle process
- Improves the revenue cycle process through rate setting, charge capture, managed care negotiations and cash collections
- Procurement
- Establishes and ensures compliance with vendor sourcing and selection policies and procedures
- Ensures direct oversight of people, processes and technologies in an efficient and effective manner
- Ensures adequate controls from audit are applied to safeguard NSO's assets
- Policies and Procedures Control
- Establishes and periodically reviews fiscal policies, procedures, and internal control practices of the organization
- Bachelor’s Degree in Finance, Business Administration or Accounting required
- MBA, MHA and/or CPA designation strongly preferred
- Minimum of 10 years’ experience in Finance, Accounting or Auditing that includes revenue cycle, grant accounting and management and procurement
- Healthcare experience and experience leading/co-leading transformational change strongly preferred
- Minimum of 5 years’ Finance, Accounting or Auditing leadership experience at the senior director level or above required
- Experience in the management of information system processes, reimbursements, nonprofit funding, auditing, budgeting, Federal and State regulations and nonprofit tax reporting
- Experience with managing and training professional and technical staff to meet all fiscal requirements
- Talent Acumen
- Business Acumen
- Industry and Subject Matter Expertise
- Quality, Safety and Efficiency
- Client Experience
Qualifications
Skills
Benefits
NSO offers comprehensive benefits including health insurance, retirement plans, paid time off, and more. Details will be provided upon hire.
Pay
Competitive salary based on experience and qualifications.
Schedule
Full-time position with flexible schedule to accommodate the needs of the organization and the employee.