Director of Finance Mental Health Association of NYC, Inc. -
New York, NY
Position Description:
MHA-NYC is a not-for-profit organization in a period of unprecedented growth in response to increasing programmatic need and mission demands. Over the past several years the organization’s budget has grown from $14m to close to $21m in budget size with corresponding increases in staff size and organizational complexity. Funding streams are more diverse and grants and contracts more complex though the organization continues to maintain financial stability primarily through city, state and federal funding.
MHA has a strong and experienced leadership team that is well positioned to consolidate the gains of the past few years and build upon them. The Director of Finance and Budget would be a key addition and an essential member of the senior management group. The Director of Finance and Budget will play a critical role in leading the Finance Department so that the organization’s financial systems, analytical capacity, compliance, budgetary processes and results, and internal and external communication keeps pace with the mission fulfillment.
Major roles will include:
Finance Department Leadership
Lead Finance department including management of staff including Controller, Grants manager, Medicaid Biller, Payroll Coordinator, Systems Analyst and A/P Clerk
Represent Finance department at senior staff meeting
Work directly with Executive, Program, and Development staff on financial function issues including department’s customer service orientation and success
Prepare key financial reports and present to Finance and Audit Committees
Budget Leadership
Review current budget process from technological, team, grant and contract, programmatic and bottom line financial perspective, identify necessary systems changes and lead implementation process to achieve optimal process.
Lead Budget process from determination of organizational budgetary and financial goals to presentation to Finance Committee
Train all participants on how to technically, analytically, and financially produce optimal budgets
Work with Controller to determine appropriate and effective methods of allocation of costs, including indirect, salaries and benefits, and OTPS, across grants and contracts.
Work with CEO/COO, and program staff to accurately determine future fiscal year revenue streams
Integrate budget into financial system software (Fund EZ)
Work with Controller to produce monthly variance reports, budget modifications
Produce periodic full year forecast as expected by senior management and Board
Work with CEO and COO to develop and implement contingencies based on mid-year results and analysis
Work with CEO and COO to integrate strategic and business planning into organizational budget
Establish and implement systems to provide program supervisors with necessary budgetary information
Project out future year revenue and expense streams as needed and provide analytical capacity to respond to forecasts and scenarios
Compliance Leadership
With Corporate Compliance Officer, ensure financial Compliance with all contracts from City, State, and Federal governments as well as timeliness of submission of vouchers
Oversee Medicaid billing and ensure receipt of all appropriate Medicaid funds from the State of New York
Update financial policies and procedures manual, and ensure compliance
Ensure internal controls are effective and monitored
Oversee annual organizational audit. Work with Controller, Auditor, and Audit Committee to ensure timeliness, compliance, and accurate results
Work with Controller to maintain audit schedules
Oversee production of cash flow statements and projections
Work w/Controller to produce Aged A/R schedules and senior management team to collect receivables in a timely way
Oversee banking relationships, including line of credit
Work with Finance committee to ensure investment results meet organizational needs and appropriate benchmarks
Ensure efficient and compliant system of purchasing to control costs
Work with Controller and COO to prepare monthly reports for program supervisory staff
Work with Controller and COO to provide periodic reports to Finance Committee and Board
Work with CEO and COO to tell financial story based on past, present and future numbers
Qualifications:
Masters degree in Business or accounting and or at least 10 years experience of progressively increasing non-profit managerial experience
Experience in City, State, and Federal grants and contracts and integrating them into organizational budgets
CFR cost report and DOHMH contract experience a plus
Experience with allocation of costs across grants and contracts
Experience in producing, analyzing, and explaining non-profit financial statements
Experience in non-profit accounting including temporarily restricted net assets
Track record of analyzing, selection, and implementation of new financial and budgetary systems
Experience in overseeing organizational audits
Understanding of indirect cost pools and rates and determining federal indirect cost rates
Flexibility in determining contingency plans for revenue reductions
Ability to work and communicate with all departments of the organization as well as Board
Strong written and verbal communication skills to tell organizational financial story
Ability to solve problems
idealist.org - 13 months ago
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