I. PURPOSE/FUNCTION OF PROGRAM:

Boys & Girls Village offers an array of services for children and their families. The services range from highly structured sub-acute services on campus to intensive intervention and care in the home and community.

II. POSITION OVERVIEW:

The Vice President (VP) is responsible for internal and external reporting, oversight of all financial and agency billing systems. Position is expected to work with CEO to ensure financial stability of the organization, including financial projections and budgets. The VP will partner with CEO in integrating financial perspective into overall agency strategic plan and direction. The VP will play a lead role in understanding the financial impact and as part of the negotiating team for major agency contracts, with particular focus on agency employee benefits. The VP will be responsible for agency retirement (401K) plan management. VP will provide data driven reports to track and monitor key financial indicators and to ensure best use of agency resources.

III. ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:

General Administrative Management

• Ensures the cost effective maintenance, development and implementation of centralized financial, business and administrative support services, systems, and management tools, to support agency operations and to contribute to improved cost, quality and productivity.
• Provides financial and operating plan reports and interprets results of operations to management staff, President/CEO and Board of Directors.
• Reviews fiscal and administrative policies and procedures annually, or as necessary; develops new policies and procedures as necessary in compliance with generally accepted accounting principles, statutory accounting requirements, and related internal accounting and financial controls.

Strategic Planning

• VP will identify financial impact/opportunity and work with CEO to identify and evaluate current and future opportunities for growing organizational capacity.
• Participate in the development and monitoring of the agency strategic plan
• Partner with agency leadership staff to ensure their understanding of the financial components of their programs, including education of other management staff of agency financial instruments.
• Ensure that financial instruments 3rd party revenues are compliant with payer requirements and other accrediting bodies

Financial Planning

• Develops and monitors annual budgets and forecasts; projects long- and short-range cash requirements and obligations, as basis for maintaining adequate funds.
• Authorizes expenditures in accordance with budget.
• Assures protection of company assets through internal control, internal auditing and ensuring proper insurance coverages.
• Assists program directors and company staff to manage budgets appropriately.
• Oversees annual audit. Responsible for providing all necessary documentation to auditors and reviewing year end reports, including annual 990, CUREG-01 and 5500s.
• Manages employee retirement plan in coordination with Human Resources, including contributions, loans and disbursements.

Accounting and Controls

• Previews financial and accounting practices to ensure correctness and conformance to generally accepted accounting practices and compliance with federal and state tax laws.
• Ensures all necessary financial reports to external patties (DCF, auditors, banks etc.) so the Agency will remain in compliance with all financial reporting contractual terms and to meet any legitimate need for agency financial information. Acts as the fiscal liaison with all payers of services (including state contracts and fee-for-service billings).
• Ensure appropriate preparation of budget for grants and other funding sources

Other Contracts/Grants/Legal/insurance

• Ensures Workers' Compensation, Directors and Officers Liability, and General Liability coverages meet company needs and is adequate coverage at competitive rates.
• Review and tracks agency contracts to ensure they are fiscally sound and consistent with agency's budget and consistent with best financial practices.
• Coordinates with Human Resources to ensure compliance with financial and legal requirements for use of consultants, including appropriate contracts.
• Oversees the development of contracts with third party payers.

Facility/property management

• Develops capital budget to meet the long-term facility needs of the corporation.
• Evaluates and plans for long-term facility and equipment needs of the organization in concert with Director of Support Services and CEO.
• Negotiates mortgages and leases for agency property as required.

ESSENTIAL QUALIFICATIONS/SKILLS:

• Master’s in accounting/Finance or Business plus ten years of progressively responsible experience managing the finances of a non-profit organization
• Expert knowledge of financial and accounting practices, with well-developed financial analysis capabilities, as applied to non-profit corporations
• Thorough knowledge of financial reimbursement practices in a health care environment
• Working knowledge of automated accounting systems, well-developed financial analysis capabilities, and demonstrated ability to manage computer systems operations and applications
• Appropriate verbal and written communication skills, with ability to translate financial concepts/terms into understandable terms for management staff
• Demonstrated managerial, organizational and planning skills, including ability to effectively manage multiple functional areas simultaneously

SUPERVISORY RESPONSIBILITIES:

• Accounting & Billing Manger

• WORKING CONDITIONS AND ENVIRONMENT:
• Standard office conditions