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Siloam Health

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Chief Financial Officer

Siloam Health

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Job Summary

The primary objective of the Chief Financial Officer is to promote Siloam Health’s fiscal integrity and sustainability through sound day-to-day financial management and guidance to the CEO. This person manages all financial records and reports needed to ensure fiscal responsibility, as well as other information and metrics needed to support executive decision-making for a charitably funded nonprofit health center with a variety of non-insurance-based funding streams. The CFO works alongside the executive team to help ensure that long-term strategic goals are met, but is flexible enough, because of the size of the organization, to regularly perform basic accounting tasks.

Job Responsibilities

Financial Accounting and Reporting

  • Develop and maintain timely and accurate financial statements and reports in accordance with generally accepted accounting principles (GAAP) and ECFA requirements
  • Develop, implement, and ensure ongoing compliance with internal financial and accounting controls and procedures
  • Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit card usage, and petty cash
  • Oversee reconciliation of bank statements, preparation of invoices, coding and filing of financial information, processing of accounts payable and cash receipts, and the administering of petty cash
  • Work with external payroll processing company to administer payroll
  • Lead the auditor selection process when necessary and prepare all supporting information for the annual audit and annual Form 990
  • Prepare annual Charitable Solicitations returns
  • Prepare financial reports for the President/CEO, Board Treasurer, and Finance Committee Chair as needed for Board meetings
  • Present financial reports at Board meetings
  • Serve as the primary staff liaison to the Finance Committee
  • Participate in on-going quality improvement (QI) activities within the roles defined above

Budget Preparation

  • Establish guidelines for budgeting and forecasting
  • Lead the annual budget process in consultation with the executive leadership team and department managers and facilitate its review by Board committees
  • Support Development Department in writing and managing grants including preparing budgets for applications, monitoring expenditures vs. approved budgets, and submitting invoices, financial reports, and supporting documents

Management

  • As a member of the executive leadership team, provide financial guidance to support strategic decision making for the agency, including but not limited to preparing regular forecasts for cash flow and overall year-end projections
  • Evaluate the financial impact of all new initiatives with thorough analysis and reporting
  • Monitor and report on the ongoing fiscal health of the agency and make recommendations for improvement when needed
  • Manage banking relationships and cash reserves in coordination with CEO and Finance Committee recommendations
  • Lead organizational risk management including:
    • Identify and evaluate risks to Siloam’s people (Board, patients, staff, management, volunteers), property, finances, goodwill, and image, and implement measures to manage risks
    • Ensure that the Board of Directors and Siloam carries appropriate and adequate insurance coverage
    • Ensure that the Board and staff understand the terms, conditions, and limitations of the insurance coverage
  • Supervise the work of the staff Accountant in accounts payable, accounts receivable, monthly reconciliations and reporting, and various other accounting tasks
  • Supervise the part-time Reporting Specialist in the production of relevant, real time reporting metrics for the organization’s programs
  • Assist CEO in occasionally representing Siloam to outside organizations and consortiums
  • In collaboration with executive leadership team, oversee various special projects, especially during the research, analysis, and plan development phases

Other Reporting

  • Analyze reporting data and provide relevant and clearly understandable suggestions and/or conclusions to the CEO and executive leadership team
  • Work with senior leadership to develop and refine dashboard reports that effectively communicate departmental progress toward strategic objectives

 

Qualifications

Education and Experience

  • Bachelor’s Degree in Accounting or Finance and 5-10 years related experience, 3 or more in non-profit accounting
  • CPA and/or MBA is preferred

Qualifications

  • Passionate about Christian ministry to the underserved and in full agreement with Siloam’s mission and core values
  • Experience and commitment to serving and working alongside a culturally diverse team
  • Adherence to OSHA and confidentiality requirements
  • Strong background in accounting and knowledge of GAAP
  • Knowledge of MS Office including Word, Excel, and Outlook
  • Strong knowledge of QuickBooks including using classes and budgets
  • Ability to analyze and articulate trends in financial and clinic metrics

Additional Information

Benefits

Full benefits package including medical/vision/dental insurance as well as life and AD&D coverage

Paid-time off including holidays

Eligible to participate in a Simple IRA plan after one-year of continuous employment

A great working environment

How to Apply

Please visit our website at https://siloamhealth.org/careers and click the link to apply for this position. Also browse the remainder of the website to learn more about Siloam’s mission and core values.

Details

  • Date Posted: November 19, 2020
  • Type: Full-Time
  • Job Function: Accounting / Financial Management
  • Service Area: Health (Physical, Mental)
  • Salary Range: 80-90k