Chief Financial Officer

The Chief Financial Officer (“CFO”) will provide executive level financial leadership that supports the achievement of business goals for a FQHC and Behavior Health Center located in Chicago. The CFO will direct and oversee all financial activities of the organization, direct the preparation of all financial reporting, develop and implement policies and strategies to ensure organizational financial sustainability, and create forecasts predicting future growth. The CFO will lead the development, implementation, and day-to-day management of all processes related to the following functions: accounting, financial reporting, budgeting, financial planning, billing, performance measures, decision support and related matters.

Responsibilities:

• Affect the success of the organization through the establishment and management of all financial budgeting, business, operational and financial planning processes for the organization.
• Ensure the effective development and day to day management of systems and processes associated with accounting, billing, reporting, and decision support.
• Provide expert support and financial stewardship for the organization. Ensure risks and issues which may affect the financial health of the organization are identified, addressed, and remedied.
• Ensure the organization’s leadership, including its Board of Directors, is supported with timely and accurate planning, budgeting, accounting, and reporting of financial and operational outcomes.
• Support new business development through expert analysis, planning, and decision support.
• Ensure that all financial, accounting, and administrative policies, functions, systems, and processes are performed consistent with all generally accepted accounting principles (GAAP) as well as within the highest professional, ethical, and legal standards.
• Establish and/or measure business and operating compliance with all internal policies and practices, as well as local, state, and federal laws and regulations.
• Establish and ensure collaborative, supporting relationships within the organization.
• Establish and maintain positive, effective relationships with key resources, including the Bureau of Primary Health Care, state agencies and funding sources, banks, lenders, regulators, audit firms, and related external resources.
• Implement and uphold all policies of the organization and ensure that all operations are consistent with the stated mission and direction set forth by the Board of Directors.
• Foster a workplace that results in the development of a high performing team. Recruit, develop and inspire a highly effective team of financial and operational professionals. Ensure that all staff are properly coached and directed, and that clearly defined measurements of performance and rewards are utilized to enhance individual and organizational effectiveness.
• Establish and communicate the assumptions used to develop the annual operating and capital budgets.
• Oversee the preparation of the annual operating and capital budgets.
• Ensure that agency operating budgets are developed within Board of Directors guidelines.
• Provide timely and meaningful information to management regarding status of actual activities as compared to budget throughout the fiscal year.
• Identify requirements for external financing and maintain working relationships with financial lending institutions.
• Manage organizational cash position to ensure efficient use of financial resources.
• Provide oversight for financial reporting, accounting, and financial information systems.
• Coordinate with department heads and executive leadership in determining methods and procedures that provide useful, user-friendly information as well as accounting policy and procedures.
• Monitor the preparation of monthly financial statements of the organization and report significant variances and trends to the Executive Director/CEO, Finance Committee of the Board of Directors, and Board of Directors.
• Develop and implement quality standards for all functions for which the position is responsible. Assist senior leadership and management in exercising appropriate oversight of financially related functions and internal controls.
• Direct and coordinate the annual financial audit and IRS tax returns. Lead response to other audits as needed.
• Ensure agency compliance with current accounting standards and tax laws.
• Lead in the selection and implementation of new accounting systems as needed.