RePOSITION OBJECTIVE:
- Responsible for day-to-day operations of the finance department and all ancillary financial functions including billing, collections, AP & Payroll.
- Plan, develop and organize the organizations’ fiscal functions and identify areas for improvement. .
- Provide strategic financial input and leadership in decision making within the organization.
ORGANIZATION:
This position reports to the Director of Coordination Department
REQUIREMENTS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Responsibilities and Duties:
- Oversee cash, investment, and treasury and asset management effectively.
- Prepare and analyze financial reports and projections. Present findings and trends to CEO & Owner and discuss strategies and solutions.
- Negotiate with payers to maximize profitability.
- Serve as key point of contact for external auditors; manage preparation and support of all external audits.
- Develop budgets.
- Ensure preparation of month-end, quarter-end and year-end financial statements.
- Review all month-end closing activities including general ledger maintenance, balance sheet reconciliations and corporate/overhead cost allocation.
- Work closely with broker to assure compliance with Wage Parity rules/requirements, as well as negotiate and maintain health insurance for all employees. Negotiate coverage & cost for future health plans (Coverage structure, premium contribution, open enrollment & projections).
- Complete all required DOH reports, including but not limited to Cost Report, Statistical Report, NHTD & TBI Cost Report, FMAP spending, Health Care Worker Bonus., & Wage Parity reports.
- Ensure legal and regulatory compliance regarding all financial functions.
- Serve as final point of escalation for Accounts Receivable/Accounts Payable issues.
- Oversee cash flow planning and ensure availability of funds as needed. Manage cash flow providing short- and long-term cash flow planning.
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- Prepare and maintain regular financial planning reports, (P &L forecast, weekly cash flow forecast)
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- Establish yearly objectives and meeting agendas, and select and engaging outside consultants (tax experts, auditors, investment advisors).sponsibilities:
- Oversee all financial operations of the company, including expense management, revenue cycle management, and payroll management.
- Ensure compliance with technical accounting standards, tax accounting regulations, and GAAP (Generally Accepted Accounting Principles) or IAS (International Accounting Standards).
- Develop and implement financial strategies to maximize profitability and cost control.
- Provide leadership and guidance to the finance team, including training and development opportunities.
- Collaborate with other departments to analyze financial data and provide insights for decision-making.
- Prepare financial reports, budgets, and forecasts for senior management and stakeholders.
- Manage relationships with external auditors, tax advisors, and banking institutions.
- Stay updated on industry trends and changes in accounting regulations to ensure compliance.
Skills:
- Bachelor's degree in Finance, Accounting, or related field. MBA or CPA preferred.
- Proven experience as a CFO or in a similar financial leadership role.
- Strong knowledge of technical accounting principles and tax regulations.
- Proficient in financial analysis, forecasting, and budgeting.
- Excellent leadership skills with the ability to motivate and inspire a team.
- Exceptional communication skills with the ability to present complex financial information to non-financial stakeholders.
- Detail-oriented with strong analytical and problem-solving abilities.
- Experience in public accounting is a plus.
This is an excellent opportunity for an experienced finance professional to join our team as the Chief Financial Officer. We offer competitive compensation packages and opportunities for career growth within our organization. If you are a strategic thinker with a strong background in finance and accounting, we would love to hear from you. Apply now!
Job Type: Full-time
Pay: $150,000.00 - $175,000.00 per year
Benefits:
- Dental insurance
- Health insurance
- Paid time off
- Retirement plan
- Vision insurance
Schedule:
- Monday to Friday
Ability to Commute:
- Brooklyn, NY 11235 (Preferred)
Ability to Relocate:
- Brooklyn, NY 11235: Relocate before starting work (Preferred)
Work Location: In person
