Overview

New Hope Services (NHS) is proudly celebrating 65 years of service to Southern Indiana and our extended service area. NHS has built the capacity to provide a full continuum of human services from child and family support through ability services. Our unique expertise in developing affordable housing allows us to also partner with the communities we serve to have an even greater positive economic and community development impact.

JOB PURPOSE:

The CFO is responsible for directing the fiscal functions of the corporation in accordance with generally accepted accounting principles (GAAP) issued and enforced by the Financial Accounting Standards Board (FASB), the Governmental Accounting Standards Board (GASB), the Securities and Exchange Commission (SEC), and other regulatory and advisory organizations. Perform tasks as requested by, and held directly responsible to, the President/CEO.

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Plan, develop, organize, implement, direct and evaluate the organization’s fiscal function and performance

Monitor all corporate accounting and finance to ensure proper record of accounting data

2. Initiate the development of the corporation’s financial plans and programs as a strategic partner

Coordinate annual preparation and consolidation of the operating and fixed asset budget for the Fiscal Year
Responsible for leading the budget process for both companies (NHS & NHDS), including but not limited to; forecasting, analyzing, and managing the operating budget of the corporation, including the preparation of the annual budget spreadsheet, review/revision of annual budgets for both companies, and education of managers regarding financial issues that impact their budgets
Review budgets for grant proposals

3. Evaluate and advise on the impact of long-range planning, introduction of new programs/strategies and regulatory action

4. Develop credibility for the Fiscal Department by providing timely and accurate analysis of budget, financial reports, and financial trends in order to assist the President and CEO, the Board, and other senior executives in performing their responsibilities

Prepare monthly the following reports for the President, Chief Operating Officer and Finance Committee:

1. Monthly Income Statements for the Corporation and its respective entities

2. Balance Sheet regarding debt and cash reserves

3. Cash Flow statements

4. Aging analysis for various accounts, receivable and payable

Review and analyze all requests for corporate financial resources for recommendation to the CEO and Finance Committee

5. Enhance and/or develop, implement and enforce all policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the corporation

Conduct the annual corporate audit for both companies, conducted by a public accounting firm, by being present during the audits and reviewing reports/findings
Ensure adherence to the Fiscal Policy of the Corporation throughout its respective divisions
Maintain confidentiality regarding all personnel and financial matters of the Corporation

6. Provide strategic financial input and leadership on decision making issues affecting the organization; i.e., evaluation of potential alliances, acquisitions, mergers, entrepreneurial ventures and pension funds, investments and strategic planning

7. Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position

8. Develop a reliable cash flow projection process and reporting mechanism, which includes minimum cash threshold to meet operating needs, and managing the loans and cash needs of both companies

9. Be an advisor from the financial perspective on any contracts into which the Corporation may enter

10. Evaluation of the Fiscal Department structure and team plan for continual improvement of the efficiency and effectiveness of the group as well as providing individuals with professional and personal growth with emphasis on opportunities (where possible) of individuals

11. Review and approve monthly reconciliations, financials, and analysis prepared by the Controller

12. Coordinates with the HRD to prepare the annual 401(k) allocation spreadsheet for testing and to calculate matching dollars

13. Review property taxes, 990’s, and tax returns for both non-profit corporations and all our partnerships

14. Maintain current annual reporting requirements for all corporations

15. Review all tax credit projects for cash flow and profitability for housing

16. Ensures review and approval of payroll tax reports provided by ADP

17. Coordinates the approval to transfer funds for the NHS and NHDS biweekly payrolls with HR and serves as back-up payroll processor, along with Controller, in the event both primary processors in HR are unavailable

18. Coordinates with IT Systems Administrator to assess and manage potential security risks to ensure the reliability and security of NHS computer systems and data, as well as maintains a process to identify and plan for current and future IT needs of the organization

GENERAL DUTIES

Accomplishes all tasks as appropriately assigned or requested
Signs checks as authorized
Assist divisions with financial questions and requests
Responsible for the daily supervision of the Controller and IT Systems Administrator, and support of the accounting staff
Be thoroughly familiar with all policies and procedures of the Corporation and generally accepted accounting principles (GAAP)
Contribute to the team effort to accomplish the Mission of the Corporation and its divisions

QUALIFICATIONS

Bachelor’s degree in accounting or equivalent
Minimum of 7 years of progressive financial leadership experience, with at least 3 years in a senior-level role
Masters or CPA preferred

BENEFITS:

Medical
Dental
Vision
STD
LTD - company paid
Life Insurance - company paid
Employee Assistance Program - company paid
Accident & Critical Illness
401k - annual company match (% varies)
Paid Vacation, Paid Sick Time, Paid Personal Days, Paid Holidays
Equal Opportunity Employer

Compensation details: 130000-150000 Yearly Salary

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New Hope Services Inc

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