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CHIEF FINANCIAL OFFICER

Job Details

Senior
HERITAGE PLACE - Lawrence, MA
Full Time
4 Year Degree
Finance

Description

Organization Overview: Waystone Health and Human Services is a non-profit organization committed to supporting people with developmental disabilities and their families. The Agency serves over 1,700 individuals and their families annually and has a budget of $43M. Please view our website at www.waystonehhs.org. This Massachusetts-based organization seeks a CFO to lead the Finance, IT, and Facilities Teams.

 

Role Overview: At Waystone Health and Human Services, the Chief Financial Officer (CFO) is pivotal in steering our financial strategy to align with our Strategic Plan. This position is crucial for those who thrive in dynamic environments where financial acumen meets strategic vision.

 

At Waystone Health and Human Services, as a vital part of the executive team and reporting directly to the CEO, you will manage finances and shape the future of community care. If you are ready to lead, innovate, and make a difference, we want you on our team.

 

Main Responsibilities:

  1. Financial Management
    • Develop and implement financial strategies to support the organization's goals.
    • Oversee all financial operations including budgeting, forecasting, cash flow management, financial reporting, and audits.
    • Ensure the accurate and timely preparation and distribution of financial statements.
  2. Budgeting and Forecasting
    • Lead the creation of the annual budget and financial forecasts.
    • Monitor financial performance and analyze variances.
    • Provide financial insights and recommendations to the executive team and Board of Directors to facilitate sound decision-making.
  3. Compliance and Internal Controls
    • Ensure compliance with financial regulations and standards, including GAAP and IRS requirements.
    • Develop and maintain internal controls to safeguard assets.
    • Oversee grant compliance and reporting.
  4. Strategic Planning
    • Collaborate with the CEO to develop and execute strategic financial plans.
    • Provide financial analysis to inform organizational strategy.
    • Contribute to financial sustainability and growth.
  5. Fund Development Support
    • Manage financial aspects of fundraising and donor contributions.
    • Assist in preparing financial sections for grant applications and fundraising proposals.
    • Monitor financial performance of fundraising initiatives.
  6. Board and Committee Interaction
    • Prepare and present financial reports to the Board and relevant committees.
    • Act as a liaison with the Board's Finance and Audit Committees.
  7. Team Leadership and Development
    • Manage, mentor, and develop the finance, IT, and facilities teams.
    • Foster a collaborative environment within each team.
  8. Risk Management
    • Identify and mitigate financial risks.
    • Manage insurance coverages and minimize risk exposure.
  9. Technology and Systems
    • Oversee financial systems and software.
    • Evaluate and recommend technological upgrades.

 

 

Qualifications

Qualifications:

  • Education: Bachelor's degree in Accounting, Finance, Business Administration, or related field; CPA or MBA preferred.
  • Experience:
    • Minimum 10 years of successful business and finance experience, with at least five years in senior leadership.
    • Extensive experience in financial management, preferably in non-profit or human services sectors.
  • Skills:
    • Proven expertise in strategic planning, budget management, and financial reporting.
    • Strong understanding of non-profit finance and compliance.
    • Excellent leadership, communication, and presentation skills.

 

Why Join Us:

  • Impact: Directly influence an organization's financial health and strategic direction dedicated to enhancing community well-being.
  • Leadership Opportunity: Work closely with top executives and the Board of Directors, shaping policies affecting the organization and its stakeholders.
  • Dynamic Environment: Embrace a role that requires strategic foresight and hands-on financial management in a setting where your contributions are visible and impactful.

 

Generous Benefits - most start on the hire date with regular schedules of 25+ hours per week!

  • Health insurance: Harvard Pilgrim network, 3 levels of coverage
  • Dental insurance, Vision insurance, and tax-saving Flexible Spending Accounts
  • 401K Retirement Plan with generous employer match
  • 457b deferred compensation plan
  • Start building Vacation time right away, accruing at 2 weeks/year
  • 12 Paid Holidays, 3 Personal Days, 9 Sick days/year
  • Mileage Reimbursement
  • Free access to our on-demand training library with the opportunity to earn CEU's

 

At Waystone, we firmly believe that by investing even more in the professional development of our employees, being an inclusive community, and being passionate about the services we offer, we will attract more skilled people who embody our mission. The future of Waystone is exceptionally bright, thanks to our incredible employees, community partners, and other supporters.

 

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