Job Description

Chief Financial Officer

About Centers for Independence

Since 1938, Centers for Independence (CFI) has strengthened communities by helping people advance their total health. CFI is dedicated to assisting people of all ages and abilities to achieve their fullest level of independence through a supportive environment that fosters hope. CFI’s unmatched breadth of services and resources allows others to find value in themselves and see a path forward.

CFI integrates health care and social services. CFI’s commitment to total health with a trauma-informed care approach results in a framework of wellness that improves lives, families, and communities. Their programs, which are committed to helping people maintain control and choice over their care, serve people who need:

• Mental health and substance use treatment and care
• Job training and placement services
• Rehabilitative help following a brain injury or neurological condition
• Day programming and activities to fully engage in life
• In-home personal care services
• Assistance managing finances and employment for long-term care needs
• Medical daycare services and therapies for children with complex medical conditions

Position Summary

The Chief Financial Officer (CFO) provides strategic financial leadership to the organization, reporting to the President & CEO, and working closely with the Finance and Audit Committees and executive staff to ensure long-term financial sustainability. The CFO oversees all financial operations, including budgeting, forecasting, financial analysis, compliance, and risk management, while directing payroll and information technology functions. This role is responsible for developing and implementing financial strategies, optimizing resource allocation, and ensuring compliance with GAAP and regulatory standards. Additionally, the CFO serves as the liaison for the CFI Foundation Board of Directors and supervises finance, payroll, and IT staff members to drive operational efficiency and innovation.

Position Duties and Responsibilities

• Plan, develop, organize, implement, direct, and evaluate the organization’s fiscal function and performance.
• Provide timely and accurate analysis of budgets, financial reports, and financial trends to assist the President and CEO, the Board, and other members of the senior team in performing their responsibilities.
• Enhance and/or develop, implement, and enforce policies and procedures to improve the overall operation and effectiveness of the organization’s financial, payroll, compensation, and information management.
• Coordinate the budget process and develop continual improvement of the budgeting process through the education of department directors and supervisors on budgeting and financial issues impacting their areas of responsibility.
• Provide strategic financial input and leadership on decision-making issues affecting the organization, i.e., evaluation of potential alliances, strategic planning and acquisitions and/or mergers and investments, and pinpointing opportunities and areas that may be considered for expansion or reorganization.
• Ensure prudent management of the organization’s funds by reviewing and negotiating vendor relationships, optimizing the handling of bank and deposit relationships, initiating appropriate strategies to enhance cash position, develop a reliable cash flow projection process and reporting mechanism, and include a minimum cash threshold to meet operating needs.
• Advise on the financial perspective of any contracts into which the organization may enter and be a lead on rate negotiations.
• Direct the timely preparation of all financial reports, including income statements, balance sheets, reports to board members or donors, tax returns, and reports for government/state regulatory agencies.
• Oversee accounting departments, budget preparation, payroll operations, state contracts, charitable registration, insurance payments, and internal audit functions, meeting regularly with program/department heads to keep informed and to offer direction.
• Review reports to analyze revenue forecast against actual figures, budgeted expenses against final totals, and suggest methods of improving the planning process as appropriate.
• Supervises investment of funds, works with banks and/or investment bankers to raise additional capital as needed, and coordinates meetings of the finance and investment committees of the Board.
• Responsible for the overall delivery and performance of the Information Technology department, ensuring competent leadership and staff resources to achieve the IT functions and strategic goals to support high-functioning technology systems, support, and innovation.

Candidate Qualifications and Competencies

• Master’s degree or equivalent. Certified Public Accountant (CPA) is preferred.
• Minimum of 10 years related experience or training or equivalent combination of education and experience.
• An experienced leader and financial executive with appropriate industry experience, preferably in a nonprofit environment.
• Experience in negotiation and contracts and ability to effectively communicate and make compelling presentations on controversial or complex topics.
• Formulates objectives and priorities. Implements plans consistent with the organization’s long-term interest. Capitalizes on opportunities and manages risks.
• Fosters an inclusive workplace where diversity and individual differences are valued and leveraged to foster teamwork and trust and achieve the organization’s vision and mission.
• Holds self and others accountable for measurable, high-quality, timely, and cost-effective results. Determines objectives, sets priorities, and delegates work. Accepts responsibility for mistakes. Complies with established control systems and rules.
• Makes well-informed, effective, and timely decisions, even when data is limited, or solutions produce unpleasant consequences. Perceives the impact and implications of decisions.
• Identifies and analyzes problems. Weighs the relevance and accuracy of information. Generates and evaluates alternative solutions. Makes recommendations.
• Builds and manages workforce-based organizational goals, budget considerations, and staffing needs. Ensures that employees are appropriately recruited, selected, appraised, and rewarded. Takes action to address performance problems. Manages a multi-sector workforce and a variety of work situations.
• Keeps up to date on technological developments. Effectively uses technology to achieve results. Ensures access to and security of technology.

POLICY ON PLACEMENT AND RECRUITING

The Batten Group and Centers for Independence are equal-opportunity employers committed to the principles of non-discrimination in the workplace. Candidates will not be discriminated against based on age, creed, color, religion, sex, sexual orientation, national origin, disability, marital status, or any other basis prohibited by federal, state, or local law.

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