Chief Financial Officer

Company: Williamsburg Landing
Location: Williamsburg
Posted on: September 1, 2024

Job Description:

Description:Williamsburg Landing, a not-for-profit, single-site, CARF-accredited Life Plan Community located inWilliamsburg, Virginia, seeks a Chief Financial Officer to direct the fiscal function of the corporation inaccordance with industry standards and the mission of the organization.
The Chief Financial Officer reports to the President/Chief Executive Officer (President/CEO) and servesas a member of the Senior Leadership Team. This position is responsible for directing all accountingfunctions including accurate and timely reporting and payroll services, for the development andoversight of the annual and capital budgets, for procuring and maintaining insurance programs, andrelated corporate compliance. This position also oversees Williamsburg Landing's InformationTechnology function.
ESSENTIAL JOB FUNCTIONS

• Assists the President/CEO in identifying, developing and implementing new financial programs and initiatives to strengthen and/or expand the capabilities of Williamsburg Landing
• Stays abreast of and analyzes financial issues and trends in the CCRC industry and makes recommendation to the President and Board of Directors
• Participates in the development and implementation of Williamsburg Landing's strategic plan helping to ensure that it reflects input from staff and residents
• Provides input to the President/CEO and the Board of Directors regarding strategic alliances and contracts that will help Williamsburg Landing achieve its overall mission and related short-term and long-term financial and business objectives
• Assists the President/CEO in ensuring that vendor and strategic business partner operations are consistent with Williamsburg Landing's regulatory and financial operating requirements
• Develops/enhances, recommends, and submits to the President/CEO and Board of Directors for approval, fiscal and internal control policies that enhance Williamsburg Landing's financial and operational effectiveness
• Works closely with Williamsburg Landing's insurance agents to ensure insurance coverages and policy limits are adequate to protect the full range of business and financial needs of the organization
• Reviews all vendor contracts and recommends changes relating to financial matters and/or risk management concerns
• Provides leadership in financial strategic planning and establishment of organizational financial goals and objectives with emphasis on revenue enhancement, cost containment, and optimizing productivity
• Oversees the preparation of the Annual Operating and Capital Budgets and presents them to the Finance Committee and the Board of Directors. Ensures completion of related statistical budget variance reports and monitors budgetary compliance throughout the year.
• Responsible for monitoring and adhering to all existing debt requirements, and working with banks and/or investment bankers to raise additional capital as required
• Serves as primary liaison with contracted actuary firm that provides Williamsburg Landing with essential actuarial projections on an ongoing basis; knowledge of basic principles of actuarial accounting and the computerized systems available to make such projections is necessary
• Oversees financial and fiscal management aspects of the organization and affiliates, including cash flow planning, cash, investment and asset management, business planning, accounting, budgeting, reporting and auditing
• Oversees administration of division operations, including reviewing and evaluating the results of program activities and accounting practices, ensuing compliance with applicable legal, regulatory, accreditation and established policies and procedures and developing organizational and divisional objectives and strategic initiatives that support the mission, vision, and values of the organization
• Provides ongoing training to Williamsburg Landing's management and staff to ensure that all Williamsburg Landing's employees understand how the organization ears and spends its money.
• Oversees the supervision of the Finance & Accounting Office, including Payroll functions, and Information Technology staff
• Responsible for any other duties as assigned by the President/CEO or Board of DirectorsQUALIFICATIONS
  • Bachelor's degree in Accounting and CPA licensure, required;
  • Minimum of eight (8) years' experience in financial accounting including five plus (5+) years' of financial management experience, required;
  • Experience in non-profit finance management, preferredKNOWLEDGE, SKILLS, AND ABILITIES
    Ability to plan, organize, develop, implement, and interpret programs, goals, objectives, policies and procedures necessary to provide quality services and maintain sounds business operations; demonstrated competency in financial management, leadership in an interdisciplinary environment, systems-thinking and effective written and verbal communication skills
    Williamsburg Landing is a non-profit, independent community offering a vibrant lifestyle for residents.
    EOE/Drug Free/Tobacco FreeRequirements:
    
    
    
    
    PI06a46e87a18d-37248-34786206

Keywords: Williamsburg Landing, Newport News , Chief Financial Officer, Executive , Williamsburg, Virginia