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Chief Financial Officer

Company: CHAP - Community Health Accreditation Partner
Location: Arlington
Posted on: January 12, 2022

Job Description:

The Community Health Accreditation Partner (CHAP) is an independent, non-profit accrediting body established in 1965. CHAP standards assess the quality of healthcare in home and community-settings nationwide including home health agencies, hospices, private duty home care, home medical equipment suppliers, pharmacies and providers of palliative care.
Position Summary:
As a key member of the senior leadership team, the Chief Financial Officer reports to the President and Chief Executive Officer. The CFO position requires competency in both financial strategy and as well as hands-on financial management. -
The CFO has primary day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the company. This includes direct responsibility for accounting, finance, forecasting, business intelligence, investment & portfolio management, treasury, commercial lines of insurance and all associated audit matters.
Responsibilities:General Financial Management:

  • Provides leadership in the development for the continuous evaluation of short and long-term strategic financial objectives.
  • Evaluates and advises on the financial impact of strategy and program development.
  • Identify financial risks and opportunities for the organization and advise the President and CEO. -
  • Maintains strong relationships with senior executives to offer and execute financially sound business solutions.
  • Ability to understand new market and industry issues quickly and make recommendations.
    Financial Operations:
    • Oversight and accountability of Finance & Accounting functions, including, but not limited to: billing and collections, cash receipts, general ledger, payroll, accounts payable. -Oversight and accountability for the monthly and year-end closing processes to ensure timely and accurate financial reporting.
    • Development and presentation of financial reports and regular updates to the President & CEO, to the Board Finance Committee (monthly), and to the Board of Directors (quarterly).
    • Lead the development and oversight of the annual budget process, including presentation and gaining approval from the Board of Directors. -
    • Oversight and accountability for the timely and regular analysis of financial trends and the associated impact on budget and financial forecasting.
    • Investment / Portfolio Management - manages external relationship with investment advisors; monitors performance of portfolio; maintains adherence to investment policy statement (IPS) and communicates strategy to Finance Committee, when appropriate.
    • Treasury - manages cash flow, ensuring availability of liquidity to meet all business obligations; works with investment advisor to ensure appropriate allocation of invested assets.
    • 401K / Employee Benefit Plan - serve as co-administrator of company 401K plan; manage relationships with external investment firm; monitor performance of all funds selected for inclusion in plan.
      Compliance and Internal Controls:
      • Ensure legal and regulatory filings relating to finance, taxes and wage reporting are filed in a timely manner, including: -
      • Quarterly / Annual Wage & Earning Filings (Federal, State and Local)
      • Form 990 - Return of Organization Exempt From Income Tax
      • Form 5500 - Annual Return/Report of Employee Benefit Plan
      • Oversight and accountability for compliance with GAAP and all other accounting guidance
      • Management & Oversight of Annual Financial Statement, 401K, and Workers Compensation Audits
        Knowledge, Skills, and Talents Required -
        • Strong interpersonal skills, ability to communicate and manage well at all levels of the organization, including interaction with member of the Board of Directors and with staff at remote locations.
        • Strong problem-solving skills, and the ability make decisions with integrity and dependability based on accurate and timely analyses.
        • Strong sense of urgency and results-orientation.
        • Strong knowledge of GAAP and general financial and accounting practices, policies and procedures, including specific knowledge of current laws and regulations.
        • Strong Knowledge of budgeting, financial reporting and cash management methods.
        • Excellent oral and written communication skills, including developed negotiation skills and the ability to forge professional relationships with outside banking institutions, insurers, vendors and financial contractors.
        • Able to make important decisions in a fast-paced environment, both as an individual leader and in collaboration with Senior Leadership and Board Members.
        • Ability to inspire and create trust.
          Education and Experience Required -
          • Bachelor's Degree in Accounting or Finance.
          • Certified Public Accountant (CPA), Master's Degree with a concentration in Accounting / Finance, or an equivalent combination of education and experience.
          • A minimum of fifteen (15) years of progressively responsible financial experience required, with at least three (3) years of experience at a senior level. -
          • Experience with complex ERP and CRM systems, Budget and Planning systems and Payroll (SAP Business One, Adaptive Insights and ADP Workforce Now preferred).
          • High-level of Excel knowledge required; proficiency with other MS Office tools required.
          • Experience in a non-profit and/or healthcare setting preferred.
          • Experience with corporate governance.
            CHAP-specific environment:
            • ERP - SAP Business One
            • Budget and Planning - Adaptive Insights
            • Payroll and HRIS - ADP Workforce Now
            • Expense Reporting - Concur Solutions
              Physical Requirements:
              This is a full-time position based out of our Arlington, VA office with the possibility of working full time remotely. Due to the nature of this role, lifting of materials and equipment up to 25 pounds is required. -Extended periods of sitting/standing are required.
              Local and national travel is required. Fluency in the English language is required. Candidates must be able to observe, discern and comprehend written documents effectively to perform this job. -Extended use of a computer and telephone are required. -
              The physical demands and work environment that have been described is representative of those an employee encounters while performing the essential functions of this position. -Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions in accordance with the Americans with Disabilities Act.

Keywords: CHAP - Community Health Accreditation Partner, Arlington , Chief Financial Officer, Executive , Arlington, Virginia

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