We are excited for a new CFO to join our small team based on Cape Cod (only 5 minutes from the Bourne Bridge!) You will have the chance to make an impact in the non-profit world with an organization that values helping you to develop to be your best!
Community Systems, Inc.'s vision is to empower people to realize their dreams and live meaningful lives in their communities.
And with Inspirational Leadership establish CSI as innovative and influential in disability support.
Chief Financial Officer/Board Treasurer
Community Systems, Inc. is seeking a dynamic leader to fill the position of Chief Financial Officer, which is available immediately.
The Chief Financial Officer (CFO) serves as part of the six-person executive team of Community Systems Support and Management Services, Inc. (SAMS) and works on behalf of the CSI Board of Directors to support the financial operations of Community Systems, Inc. DE (DE and VA operations) Community Systems, Inc. MA and Community Systems, Inc. CT and SAMS. Together, the Board, CEO, and the CSI Executive Team ensure CSI’s relevance to the community, the accomplishment of CSI’s mission and vision, and the accountability of CSI to its diverse constituents. Our office is in Bourne, Massachusetts, a town on Cape Cod.
The CFO works under the supervision of the CEO and, in addition to overseeing SAMS's financial matters, provides direction and support to the Directors of Finance and Administration for the four CSI entities.
All actions of the CFO are predicated by the CSI Mission…. Helping persons with disabilities to find happiness in their own homes, in their personal relationships and as contributing members of their community.
The Community Systems, Inc. group provides support to more than 600 individuals with intellectual and developmental disabilities in Massachusetts, Delaware, Connecticut, and Virginia. CSI employs more than 1200 staff and has a collective operating budget of over $100 million. For more information on our organization, visit our website at: www.communitysystems.org. The position requires an ability to manage multiple priorities, develop policies and practices, and remain current in all aspects of our nonprofit organization's administrative and financial matters. The new CFO will be excited to travel to ensure oversight of state operations and to conferences and other development opportunities.
Our next CFO will be able to look to the future to grow and diversify our organization.
The role, qualifications and expectations of the CFO position are found in the job description below.
Overview of the CFO Position
The mission of CSI is to help people with disabilities to find happiness in their own homes, in their personal relationships, and as contributing members of their community. Reporting to and partnering with the CEO, the CFO will play a critical role in developing financial strategies that enable the corporation to achieve its mission. As a senior leadership team member, the CFO will be an advisor to the COO, Executive Directors, and Directors of Finance and Administration at each CSI division, evaluating financial results and assisting them as needed. The CFO will also oversee the organization's fiscal and fiduciary responsibilities in conjunction with the Board of Directors. Specific responsibilities include:
Strategic
The CFO will develop tools and systems to provide senior management with critical financial and operational information. They will analyze financial results and develop strategic and tactical recommendations.
The CFO will directly assist the CEO and COO on all strategic and tactical matters related to budget management, cost-benefit analysis, forecasting needs, and securing new funding. As part of the senior management team, the CFO will participate in developing CSI’s strategic plan and overall corporate policies.
The CFO will engage the Boards of Directors and the BOD Finance Committee, identifying and reporting on financial risk, operational issues, trends, and economic policies.
Financial and Operational Management
The CFO will provide leadership to CSI’s Directors of Finance and Administration on matters related to generally accepted accounting principles, internal control standards, and financial management.
Working with the Directors of Finance and Administration, the CFO will ensure efficient, up-to-date accounting, payment, and record-keeping systems with complete and appropriate documentation. The CFO will be the primary person responsible for those systems at SAMS.
The CFO will monitor and maintain appropriate internal controls and financial procedures, ensuring that CSI complies with Generally Accepted Accounting Principles, applicable laws, and regulations. The CFO will stay abreast of compliance and best practices in all aspects of financial and administrative matters related to the organization.
The CFO will manage the annual audit of CSI’s Contributory 403 (b) Plan and will oversee annual financial statement audits at all locations. This task includes the selection of auditors (for Board approval) and negotiating audit fees, reviewing audit results with the Finance Committee of the Board of Directors, and following through on auditor recommendations with the CSI entities. The CFO will also oversee the preparation of Form 990s (presented to the Board for approval), Form 5500s for all locations, and other tax and regulator forms as required.
The CFO will manage the company’s budgetary planning and cost management, including annual financial and capital budgeting at each of the CSI locations and the development of the management contract between SAMS and each CSI.
The CFO will develop and evaluate investment, cost allocation, capitalization, document retention, and other financial policies to ensure that they are in line with the state of the best practice. They will monitor compliance with such policies.
The CFO will manage the company’s employee benefit plans with an emphasis on maximizing a cost-effective benefits package. Included in this task is the administration of the company’s 403 (b) plans, negotiating rates for coverage on health, short-term disability, life, and other coverage, working with CSI’s brokers during the year to review results and develop new strategies for cost containment and/or benefit enhancement, and coordinating the open enrollment sessions at each CSI.
The CFO will manage the company’s liability policy and ensure adequate coverage for all CSIs at an affordable rate. This task includes working with our brokers throughout the year to minimize the company’s liability risk and keep losses to a minimum.
The CFO will work with the COO and Director of Information Technology Services to review proposals and procure IT systems that meet the needs of the organization.
Team Management
The CFO will mentor and develop CSI’s Directors of Finance and Administration, assisting them with work allocation, training, problem resolution, etc. and will be responsible for building an effective team dynamic.
The CFO will guide other cross-divisional teams as necessary (to include the Human Resource Manager/Directors, Strategic Planning work groups, etc.).
Business
The CFO will work to ensure business sustainability and relevance including contributing to the development and implementation of the strategic plan.
