TITLE: Director of Finance
REPORTS TO: Chief Operating Officer
LOCATION: Staten Island
FLSA STATUS: Exempt
POSITION STATUS: Full Time
Community Health Action of Staten Island (CHASI) is a community based, non-profit that has been providing services to Staten Islanders to reduce health disparities, primarily due to poverty, discrimination and lack of access for over 30 years. We provide a broad array of services, including HIV / Hep C testing and prevention, care management for those with chronic disease, harm reduction programs, domestic violence services, SNAP and health insurance benefits and navigation, health screenings, a consumer choice community food pantry and a 24/7 resource center for those struggling with addiction. CHASI is a subsidiary of Hudson River Health Care with whom we partner to provide medical and other licensed services to our clients.
The Director of Finance and Accounting reports to the Chief Operating Officer (COO) and is responsible for directing and overseeing the day to day operations of CHASI�s finance department. In addition, this position also is responsible for the preparation and distribution of affiliate company financial statements for both internal and external use. These financial statements will be used as a basis for consolidation of the affiliate�s finances into the parent company�s audited financials. Funding for the agency is largely government grants and contracts, with varying terms, regulations and reporting requirements. The Director will work closely with the Vice President (VP) of Contracts Management to oversee the appropriate allocations and tracking of contract expenditures, manage timely and accurate reporting to funders and ensure compliance with regulatory standards. S/he ensures that all transactions and documentation comply with the organization�s regulations, professional standards, and GAAP reporting guidelines. The Director of Finance and Accounting also prepares reports for funders, the parent company, CHASI board members and others as requested.
This is a hands-on accounting role and requires strong experience in general ledger oversight and in management of complex government contracts.
- Oversee the daily operations of the organization�s $10 million operating budget.
- Manage accounting, bookkeeping, billing and payroll personnel. Direct and oversee their work priorities, performance and presentation. Management also includes hiring, training and evaluating staff.
- Collaboratively with the COO and the VP of Contracts Management, prepare CHASI�s annual operating budget. Input same into the financial accounting system.
- In consultation with the VP of Contracts Management, manage the fiscal portion of a multitude of city, state and federal contracts as well as foundation grants and individual donations.
- Understand and ensure compliance with varying regulatory standards, accurate tracking of expenditures, timely submission of vouchers, drawdowns, invoices and reports to funders.
- Prepare timely budget to actual variance reports for Program Directors. Meet regularly with Program Directors to discuss program financial results and to discuss potential areas of concern, as well as the need for budget modifications
- Oversee and participate in the preparation of all cost reports to funders.
- Oversee the general ledger, cash disbursements, cash receipts transactions for the organization, including monthly and annual close process. Prepare final financial statements and trial balance for consolidation by the parent company�s accounting staff.
- Oversee tracking of restricted program funding and the release of restricted funding.
- Formulate, recommend and implement sound fiscal policies, procedures and controls. Work with staff to ensure familiarity with these policies and procedures.
- Analyze and prepare GAAP financial statements, budget projections and reports to the board and management.
- Manage cash flow and cash flow projections
- Assist the parent corporation�s accounting staff in preparing the annual consolidated financial statements as well as the A-133 audit. Provide documentation and schedules as required.
- Oversee audits conducted by external funders and regulatory agencies as they occur.
- In conjunction with the parent company, review and assess the organization�s insurance policies.
- Other duties and functions as assigned.
The above is intended to describe the essential job functions, the general supplemental functions and the essential requirements for the performance of the job. It is not to be construed as an exhaustive statement of all the job functions.
- Bachelor�s degree in Accounting required. Master�s degree in Accounting preferred.
- 8+ years of experience relevant Nonprofit Accounting experience required, with at least a few years in a government contracts-intensive accounting operation.
- Of particular interest is experience working with contracts from with NY DOH, NYC DOHMH, PHS, DYCD and OASAS.
- Must be able to handle multiple projects simultaneously.
- Clear oral and written communication skills.
- Proficiency with Microsoft Office Suite and general accounting software systems.