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St. Catherine’s Center for Children is a non-profit organization that offers a wide array of services designed to meet the needs of vulnerable children, families and adults, including residential and foster care programs for children and youth, homeless and community-based services for adults and families, and a special education elementary school.
St. Catherine's Center for Children provides a comprehensive range of human services designed to offer hope, foster growth, and improve the lives of the children, families, and adults we serve.
We're seeking to fill the position of Chief Financial Officer (CFO) for our organization, located in Albany, New York. This person will be responsible for overseeing the day to day operations of the finance, human resources/training, and information technology functions of St. Catherine’s Center for Children and the Foundation of St. Catherine’s Center with a combined budget of $24.0 million and 300 employees. The CFO is a member of the Executive Management Team and collaborates with team members to ensure the overall strategic direction and financial stability of the agency.
Essential Duties and Responsibilities:
• The CFO is responsible for the financial stability of the agency and foundation. Included is overseeing the development of the annual agency financial plan/budget and monitoring actual to budget performance; The CFO collaborates with the Director of Finance to determine that funding will be adequate to meet projected costs.
• With the Director of Finance, is responsible for the agency’s accounting and financial records and to ascertain that necessary documentation is maintained for all financial transactions, that all transactions are entered accurately and completely in a timely manner, and that proper internal controls are in place.
• In collaboration with the Director of Finance, acts as a resource during agency financial audits conducted by external CPA firm and federal or state agencies. With assistance of the finance team, develops and issues financial policies, procedures and internal controls.
• The CFO is required to present the agency’s financial statements to the Executive and Finance Committee of the agency’s Board of Directors; and informs the Committee and the Board of any unusual financial conditions and project any impact these conditions may have on the agency’s financial position.
• Reviews financial reports required by the agency’s various funding sources before submission in collaboration with the Director of Finance who prepares these reports; the CFO provides interpretation of reporting requirements and recommends techniques to maximize rates and revenues.
• Oversees the preparation of budgets for new or renewal of programs/services; Works collaboratively with the Chief Operating Officer (COO) and senior management to develop budgets that projected funding will be sufficient to support expenditures.
• In collaboration with the Director of Finance, responsible for accurate and effective execution of core financial operation including accounting, accounts receivable, accounts payable, bank reconciliations, payroll and time management, revenue cycle/cash management, and investment reporting.
• The CFO is responsible for determination of loans and lease financing arrangements including working capital line of credit, mortgage loans, and agency vehicle leases with required reporting to the Board of Directors.
• Responsible for the effective utilization of the accounting and financial management system to meet the continued growth and increasing financial requirements of the agency and the foundation.
2. Human Resources/Training
• The CFO, in concert with the Director of Human Resources, provides strategic direction and insight regarding human resources functions including recruitment and retention, performance management, staff training and development, employee relations, employee benefits, and compliance with federal/state personnel laws and regulations.
• Provides management support and advice to the Director of Human Resources and the HR team regarding guidance on personnel issues.
• Collaborates with management to ensure the delivery of a comprehensive training program of professional development tailored to prepare staff to meet each program’s outcomes and requirements.
• Assists with the development and implementation of employee performance and compensation programs for management and staff including appraisal methods and appropriate salary levels/bands.
• The CFO contributes to the formation of a competitive employee benefits package and interacts with Director of Human Resources and Benefits Broker regarding selection of providers, benefits administration, and the annual open enrollment process.
• Collaborates with the Director of Human Resources in the formation of personnel policies and procedures, updates to the employee handbook, and the effective utilization of the Human Capital/Workforce Management System.
3. Information Technology
• In collaboration with the Director of Information Technology (IT), the CFO formulates a strategic vision to advance the overall network environment, telecommunications, wireless connectivity, security framework, and software applications of the organization.
• Oversees the implementation of new or expanded information technologies. This oversight includes development of a needs-analysis, review of available technologies/solutions, and compatibility with existing technologies.
• Ensures software applications and data are properly stored on the computer network with strategic direction to move toward a “cloud based” systems, hosted by system vendor.
• With the assistance of the Director of IT, ensures the maintenance of appropriate documentation of network configuration, inventory of equipment, and authorized user access and permissions.
• In collaboration with the Director of IT, determines annual funding needed to advance technologies to foster increased productivity and effective operations.
• The CFO and Director of IT works collaboratively with senior management and program leaders to meet ongoing technological needs and equipment requirements to provide for effective and efficient delivery of quality services.
• The CFO is expected to monitor information technology resources, both equipment and systems, to determine such resources will meet the projected growth of the agency and the foundation.
• Together with the Director of IT, the CFO confers regularly with its external IT vendor/consultant to keep abreast of new or enhanced technologies and arranges for an IT network audit on a periodic basis.
• The CFO administers the insurance program and polices of the agency and foundation through the diocesan self-insurance plan administered by the Catholic Mutual Group.
• Participates in agency-wide and board committee assignments or projects from time to time, as appropriate or warranted.
• Attends and participates in various groups or consortia related to agency support functions including COFCCA (and its 853 coalition) and related seminars/forums held on a state or national basis.
• Performs additional duties and responsibilities as assigned by the Executive Director.
• The CFO reports to and receives professional supervision, direction and coaching from the Executive Director.
• Supervises the Director of Finance, Director of Human Resources, and Director of Information Technology positions.
• The CFO is a member of the agency’s Executive Management and Strategic/Leadership Teams.
• The CFO is staff member to the Executive and Finance Committee of the Board of Directors.
• A Bachelor’s Degree in Accounting, Business Management, or related field and ten years’ progressively responsible financial and operations management experience, or
• A Master’s Degree in Business Administration or related field and five years’ progressively responsible financial and operations management experience.
• Working knowledge and operational experiences with respect to Human Resources and Information Technology functions of an organization.
• Work experience with management systems such as Electronic Health Records, Human Capital/Workforce, and Accounting/Financial Management Systems among other critical systems utilized by an organization.
• CPA license, SHRM certification, and/or IT system certifications are a plus.
• Demonstrated ability to supervise, motivate, and coach staff.
What We Offer:
• Competitive Salary with an excellent benefits package
• Health Insurance options: medical, dental, and vision
• Generous Paid Time Off and Holiday Pay
• Employee Referral Bonuses*
• On-going Professional Development and Career Opportunities
• Pension Plan with Aggressive Agency contribution
• Life Insurance
• Paid Training & Tuition Reimbursement
• Fast-paced and business casual work environment
*some conditions may apply