Dec 11, 2022

Chief Financial Officer

  • Vinfen
  • Hybrid (Cambridge, MA, USA)
Full-Time Finance/Accounting

Job Description

The Organization

Founded in 1977, Vinfen is a not-for-profit organization dedicated to providing community-based behavioral health and disability services with footprint in Eastern Massachusetts and Connecticut. A leader in the industry, Vinfen has a workforce of over 3,000 employees and an annual operating budget of approximately $250M. Vinfen has been recognized by the Boston Journal of Business as top Non-Profit Organization in 2021 and by the Boston Globe as a Top Place to Work in 2021 and 2022.

The Position

Vinfen is seeking a Chief Financial Officer (CFO), who reports to the President and CEO and is a member of the executive team. The CFO will work to ensure that Vinfen’s programs, staff, and the people we serve are properly supported financially allowing for those in need to achieve independence and/or an increased quality of life.

Essential responsibilities of the CFO include:

  • Partnering with the CEO and other members of the executive team, develop the organization’s financial objectives and business priorities. Help develop and implement the organization’s strategic plan, including new ventures, partnerships, and acquisitions.
  • Develop and manage annual financial budget under the guidance of the CEO and in alignment with the company’s business strategy. Develop action plans to ensure annual financial objectives are attained. Produce periodic forecasts against the budget
  • Manage financial controls and accounting procedures. Produce required financial reports and tax documentation. Cooperate with external auditors
  • Ensure full transparency over the company’s financial performance, leveraging timely reporting of financial performance indicators and analysis of performance drivers
  • Provide data-driven guidance to internal business stakeholders on how to increase revenues, reduce costs, and improve overall financial performance. Develop and maintain robust analytical frameworks and processes to support financial performance management
  • Lead the development and execution of the company’s long-term financial strategy, including optimizing the balance sheet, cashflow positions, investments, and financing solutions
  • Analyze potential company risks with financial implications and communicate such risks in a clear, timely, and actionable manner
  • Maintain robust financial operations, including speed and accuracy of billing, collection, and payments
  • Oversee financial contracts with payers for Vinfen’s services, including State agencies, Managed Care Organizations, Accountable Care Organizations, and Commercial insurers, etc.
  • Lead financial analysis and negotiations associated with major partnerships and transactions.

Reporting to the CFO will be teams that oversee financial reporting, financial operations, financial planning & analysis, and real estate management. The CFO is a regular attendee of the Board meetings and Finance & Audit Committee meetings, where s/he leads the presentations and discussions of financial subjects.

Vinfen is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.

Hiring Organization

Vinfen

Qualifications

Who we're looking for

The successful candidate will be a mission-driven individual with significant professional experience either within or in close interface with public or not-for-profit organizations. The ideal candidate will have a broad range of financial leadership experience within behavioral health and health care industries, pride themselves on each their technical skills, communication skills and their ability to foster a positive, productive team environment.

  • Bachelor’s degree in business administration, accounting, finance, or related disciplines required. Master’s degree in business, finance, business administration or public health management preferred.
  • 10 or more years of experience in leadership positions in finance functions, which must include experience within health care or human services organizations. Prior CFO or VP of Finance experience strongly desired.
  • Demonstrated knowledge and credentials essential to financial management, including GAAP accounting, investment management, taxation, revenue cycle, accounts receivable management, purchasing and accounts payable, and payroll processing.
  • Exceptional analytics and negotiation capabilities, especially around complex arrangements and transactions.
  • Leadership capabilities over large, multi-functional teams.
  • A strong team player who is effective in working collaboratively with colleagues and stakeholders across a wide array of responsibilities and disciplines.

Industry/Service Area

Advocacy/Social Action, Human Services, Mental Health/Crisis Intervention

Level

Executive

Benefits

  • Ability to work a hybrid schedule
  • Assigned garaged parking space onsite at Corporate Office
  • Medical, Dental and Vision Insurance
  • 20 days of Vacation, 12 Paid Holidays, 10 Sick Days and 3 Personal Days per year
  • Professional Development programs including year-round online training courses and opportunities to earn CEUs on demand
  • Retirement savings programs, including a fully funded, employer sponsored retirement plan and an employee funded 403 (b) plan
  • Company paid Life, Accidental Death & Dismemberment and Long-Term Disability Insurance
  • Voluntary Term, Whole Life, Accident and Critical Care Insurance
  • Flexible Spending Reimbursement Accounts (Health and Dependent care)

Application Instructions

Please submit your resume and cover letter for review and consideration


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