Chief Financial Officer

Company: BestSelf
Location: Buffalo
Posted on: February 18, 2025

Job Description:

BestSelf Behavioral Health (BestSelf) is an organization with over 120 years of service experience in the community and is a proven leader in innovative delivery of behavioral health services in Western New York. BestSelf is proud to be the largest community-based behavioral health organization serving children and adults of all ages in Western New York.No matter how old you are, where you live in Western New York or what challenges you're facing, BestSelf Behavioral Health can provide you and your family with the innovative and evidence-based services you need, along with a personal and caring approach that will help you feel respected, valued, confident, and hopeful.The Chief Financial Officer (CFO) will serve as a strategic leader and key member of the Executive Leadership Team at BestSelf Behavioral Health. In this role, the CFO is responsible for overseeing the financial health and strategic direction of the organization, ensuring long-term financial sustainability, and driving growth initiatives. The CFO will lead the Accounting and Finance teams, overseeing functions such as financial planning, budgeting, financial reporting, forecasting, cash flow management, and risk management. This individual will collaborate closely with senior leadership and external partners to align financial strategies with organizational goals, ensuring effective resource allocation and financial stewardship. Additionally, the CFO will play a critical role in managing relationships with auditors, regulatory agencies, and funders, ensuring compliance with all relevant laws, regulations, and accounting standards. This position requires a forward-thinking approach to financial leadership, promoting a culture of financial accountability and supporting the agency's mission to provide exceptional behavioral health services.Salary Range: $200,000-$225,000 per yearEmployment Status: Full TimeRequired Knowledge, Experience, and Skills:

• Demonstrates a deep understanding of financial management, accounting principles, and financial regulations.
• Ability to analyze financial reports and make data-driven decisions that promote the organization's growth and financial stability.
• Expertise in preparing, analyzing, and managing budgets.
• Ability to forecast and develop financial plans that align with organizational priorities and adjust to changing circumstances.
• Demonstrates high ethical standards and accountability in financial decision-making.
• Acts with integrity in all financial matters and holds the team to the same standards, ensuring transparency and trustworthiness.Position Responsibilities:
• Responsible for leading a team of fiscal support staff who will establish and monitor adequate systems for the control of all agency assets, liabilities, and financial operations, including systems of budget monitoring, accounting for multiple funding sources, banking operations, third-party billing, payroll, inventory control, and payment to vendors.
• Meet monthly with the Finance Committee of the Board of Directors to present the financial position of the agency and discuss the fiscal strategy.
• Oversight of all contract budgets in accordance with agency priorities and county and state guidelines.
• Develops and directs implementation of cost-effectiveness measures, standards, and procedures; analyzes cost (including cost per unit of service) and cost-effectiveness information; makes recommendations for improvements.
• Develops short and long-term income and expenditure projections and alerts the President of the nature and timing of cash flow, being proactive in the management of cash flow for the agency.
• Collaborates with internal partners to review, on an annual basis, agency fringe benefit package, insurance requirements, and equipment needs; recommends improvements to the President.
• Collaborates with internal partners on initiating site rental renewals and new rental agreements for approval by the President and Board of Directors.
• Assures the accurate and timely submission of tax, government, insurance, and personnel reports.
• Assures timely preparation and execution of all monthly, quarterly, and annual financial reports relating to agency contracts and as required by all external stakeholders and regulations.
• Provides assistance to and acts as liaison to external auditors.
• Maintains all necessary internal control and other standard accounting practices.
• Participates in the development of new program initiatives, special projects, and plans.
• Participates in strategic planning activities and in preparation of annual state/county planning documents.Minimum Requirements:The ideal candidate will have a CPA and 10+ years of progressive leadership experience in financial management, ideally within a large, complex healthcare organization. A strong background in nonprofit accounting, coupled with a deep understanding of behavioral health program reimbursement, is highly preferred.
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Keywords: BestSelf, Buffalo , Chief Financial Officer, Executive , Buffalo, New York