Under limited supervision, this position is responsible for providing leadership, structure, and strategic decision-making, and is responsible for direct management of the following agency functions: finance, accounting, accounts receivable and payable, payroll and employee leave balances, budgeting, contracts, and revenue cycle management. The Director of Finance provides senior-level responsible and accountable leadership, management, oversight and directs all agency business and financial functions and services, which support the agency's public healthcare, service delivery system. The Director of Finance implements internal control procedures that safeguard the organization and complies with Federal, State, and Local regulations. This position reports to the Executive Director (ED).
Essential Duties and Responsibilities
Plans, organizes, and directs all fiscal operations of the CSB; ensures that financial activities support CSB goals and objectives, the provision of services, and comply with the CSB's performance contract and state and federal regulations
Performs a variety of financial analyses which include examining financial operations, financial statements, revenues, fund balances, and other financial information; analyzes the total financial system, its relationship to services and operations, and its internal relationships between expenditures, budgeting, reimbursement, and other funding; identifies issues, trends, and areas for increasing revenue from all payers; presents analytical findings and recommendations to the ED for use in making decisions regarding the scope of services, rates for services, long and short-range planning, etc.
Serves as a member of the CSB senior management team; attends Board meetings and presents relevant reimbursement and fiscal reports; provides general advice, assistance, and recommendations to the Executive Director, the Board, and senior management members regarding financial operations and activities andkeeps them properly informed
Ensure all accounting duties are completed on a monthly basis (including, but not limited to, G/L, A/P, A/R, balance sheet reconciliations, and bank reconciliations)
Direct budget process by working closely with the senior management team to prepare annual budgets and provided monthly updates for each of their departments
Prepare journal entries for review and approval by the ED
Ensure that financial reporting requirements of external funding sources and regulatory agencies are met
Prepare monthly financial statements and year-end financial statements
Direct financial planning and investment strategies
Develops and/or implements financial and reimbursement policies and procedures, in collaboration with the Director of Human Resources, recommends changes to the ED in order to increase efficiency, reduce the time for receiving reimbursement, or provide for other potential cost savings and effectiveness.
Prepares financial statements and periodic financial reports on CSB investments, properties, financial activities, cost allocations, etc. for presentation to the Executive Director, the Board, and senior management team; prepares documentation, information, and correspondence for auditors.
Authorizes the disbursement of CSB funds in accordance with officially established procedures.
Represents the Board at appropriate regional and state meetings.
Generates quarterly cost allocation reports and records; prepares routine correspondence to auditors, vendors, state and local entities, and staff.
Oversees the maintenance of all accounting work on grants received by CSB, processing adequate records, reimbursements, code reviews, etc. to comply with applicable laws and ordinances.
Monitors the aging schedules and maintains a reporting system for accounts receivables.
Performs a variety of administrative duties associated with supervising staff to include hiring, assigning, and reviewing work, providing guidance and direction, evaluating performance, and disciplining employees as needed.
Directs the distribution and preparation of client bills.
Responsible for third-party billing, reimbursements and manages expenses.
Is responsible for auditing petty cash funds on a quarterly basis.
Manages financial appeals and payment plan system.
Manages and directs a reporting system for debt set-off collections.
Bachelor’s degree in Accounting or related field
Active Certified Public Accountant (CPA) preferred
A minimum of 2 years of accounting experience with a non-profit organization
Proficiency with various accounting software
Minimum of five (5) years of experience in successful senior management experience of financial and business functions with governmental, nonprofit entities, or healthcare organizations, or an equivalent combination of experience, education, and practical skill level that demonstrates an ability to competently perform the functions of the position
Experience at a senior leadership level in a similar-sized public behavioral health, private provider, healthcare, nonprofit, or managed care organization is desirable, as is management experience with integration of behavioral health and primary health services and systems
Experience with third-party payers includes insurance companies, governmental payers, like Medicare.
Knowledge, Skills, and Abilities:
Knowledge of nonprofit accounting practices.
Advanced computer skills, including Microsoft Excel and Word.
Demonstrated excellent verbal and written communication skills.
Excellent interpersonal communication and public speaking skills.
Great attention to detail to ensure integrity and accuracy of all financial and administrative data.
Ability to accomplish work in order of priority and meet deadlines.
Ability to professionally maintain composure and effectiveness under pressure and changing conditions.
Ability to work independently with little supervision.
Knowledge of Virginia regulatory and public behavioral health environment
While performing the duties of this job, the employee will often sit, stand, walk, bend, stoop, and reach above their head
Use of hands for placing and pulling materials
The employee frequently lifts up to 25 pounds, carries up to 10 pounds and pushes or pulls up to 10 pounds
Occasional Travel within the 10 counties the CSB serves
Additional Salary Information: Based on Experience
About Middle Peninsula-Northern Neck Community Services Board
MPNNCSB serves the ten counties of the Middle Peninsula and Northern Neck, a region of approximately 2,200 square miles and home to over 141,000 individuals. Established on February 28, 1974 we are currently in our 46th year of providing services to area residents. The Middle Peninsula Northern Neck Community Services Board is one of 40 such boards across Virginia providing services related to:
We maintain the highest professional standards, performing our services with competence, compassion, patience, and fairness.
Middle Peninsula Northern Neck Community Services Board is a rapidly growing organization and is always looking for qualified employees. We seek highly motivated, talented candidates to join our staff and offer a competitive benefits package to our employees. MPNNCSB is an equal opportunity employer.