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Chief Financial Officer

Company: Lowell House
Location: Lowell
Posted on: February 18, 2021

Job Description:

Lowell House Addiction Treatment and Recovery OUR COMPANY Lowell House Addiction Treatment and Recovery, a private, non-profit addiction treatment service agency located in downtown Lowell, has been the premier addiction treatment and recovery service provider in the Merrimack Valley for over 50 years. LHATR provides a full range of day, outpatient, residential and community program located in Lowell, Tewksbury and Lawrence Massachusetts. The HR office is located in our new State-ofthe-Art facility next door Lowell Community Health Center where approximately 35 of our 70 staff work on a day to day basis. OUR PURPOSE, SOCIAL IMPACT, AND AGENCY CULTURE With the opioid and other drug overdose epidemic affecting our country, we have been at the forefront and the premier, non-profit organization for almost fifty years in the Merrimack Valley area addressing this problem. The purpose of our existence has been to assist members of our local community in receiving treatment and overcoming substance use disorder through addiction treatment. Lowell House is also a Mission focused agency that provides a relaxed, friendly, and supportive work culture that offers excellent pay and a generous benefits package to all our employees. WHAT WE'RE LOOKING FOR We are looking for a person with a passion for providing financial leadership in a fast-growing human service agency at the very cutting edge of treating addiction and mental health diseases. We're looking for a professional who thrives in an environment that supports innovation, creativity, and the vision to create a responsive and well-integrated financial and billing system with a group of dedicated, highly committed staff members. We are also looking for a Chief Financial Officer who will be an integral part of our executive team and senior management team. The best candidate has the desire to make a difference in the community by applying their financial and analytical skills to help sustain and grow our critical services in the Merrimack Valley area of Massachusetts. YOUR EXPERIENCE/BACKGROUND DETAILS Our ideal person will possess master's degree in an accounting or financial field and have experience in the administrative aspects of running an effective financial and billing operation for a nonprofit organization. Previous experience with supporting a diverse employee group in multiple locations would be helpful. Central to the position is the management and oversight of the organization's financial operation including strategic financial and business planning, implementing and maintaining effective financial controls and accounting practices, as well fostering a positive relationship and communication with staff, funders, Board of Directors, and the financial community. The successful candidate will continue to build and manage effective and streamlined administrative/financial systems necessary for stable, predictable operations and expected growth. The CFO will also directly supervise an experienced controller who will, in turn, manage all staff in the business office and the front desk operations. The CFO will be part of a hands-on, executive management team who values a strong, mission driven environment. OUR PAY Because we value our employees, the pay for the Chief Financial Officer starts at $85,000 to $111,000 per year. Of course, the more experience, applied knowledge, and proven talent you have, the higher your pay rate. HOW TO APPLY Please send a resume and cover letter to jobs@lowellhouseinc.org or call Christina Walton, Assistant to the CEO (978) 941-4571 if you have additional questions. THE DETAILS OF THE JOB: REPORTS TO: William Garr, Chief Executive Officer JOB SUMMARY The Chief Financial Officer, under the direction of the Chief Executive Officer, provides leadership and oversight to all financial functions at Lowell House including day to day financial operations, billing, short and long-term financial planning, implementing and maintaining effective financial controls and accounting practices as well fostering a positive relationship and communication with staff, funders, Board of Directors, and the financial community. S/he will continue to build and manage effective and streamlined administrative/financial systems necessary for stable, predictable operations and expected growth and manage the employees in the business office and the front desk operations. S/he will be part of a hands-on, focused senior management team who values a strong, mission driven environment. ESSENTIAL FUNCTIONS Finance and Front Desk --- Manage and direct the day-to-day financial operation including treasury, budgeting, audit, tax, general accounting, purchasing, long range forecasting, I/T and insurance activities for the agency; --- Manage and direct the front desk operation including insurance charges, data collection, and customer service activities; --- Hire and Supervise all financial and front desk staff; --- Review all receipts and disbursements, designate account distributions and ensure that all support documentation are accurate and in order. --- Review and report on all purchased good and services on a regular basis to ensure that prices are competitive, items are received and that LHI is in compliance with state, Federal and GAP standards; --- Work closely with the Division Director of Administration and the Director of I/T to coordinate computer applications necessary to maintain proper agency records, assist in communication and to afford adequate accounting controls and services; --- Supports contract negotiation - track and monitor the financial performance of all agency contracts; --- Monitor and report on the status of all agency cash/credit accounts and ensure that appropriate levels of working capital are readily available; --- Assess the agency's financial position and issue monthly reports on the agency's financial stability, liquidity and strategic growth; --- Prepare monthly financial statements that reflect the agency's financial stability, liquidity and strategic growth and ensure their accuracy and timeliness; --- Gather data that relates to the successful operation of the agency as required; record and report on that on a monthly basis. --- Direct and coordinate the establishment of all agency budgets in concert with the CEO and Senior Management Staff; --- Direct and analyze studies of general economic, business, and financial conditions and their impact on the agency's policies and operations; --- Assist in preparing special cost studies as required. --- Oversee the preparation of all required regulatory reports, including Federal Financial Status reports, the Commonwealth of Massachusetts Uniform Financial Statements and Independent Auditors Report (UFR); --- Act as liaison, in conjunction with external auditors regarding the preparation and issuance of the Center's annual financial statements; --- Analyze, consolidate, and direct all cost accounting procedure together with other statistical and routine reports; --- Analyze operating issues impacting the agency's programs as well as the whole institution, and determine its financial impact; and, --- Completes all other tasks as assigned by the CEO. LEADERSHIP --- Work closely with the CEO and CPO (Senior Leadership Team) in setting a direction for the agency, promoting growth and maintain quality/accountability throughout the agency; --- Actively participate in, facilitate and, when appropriate, lead strategic planning and development activities for LHI programs and services; --- Attend all Board meetings and coordinate all activities of the Board Finance Committee in conjunction with the Board Treasurer and CEO; --- Serve as an advisor to other Board and Agency committees at the request of the CEO; --- Serve as the head-of-agency in the absence of the CEO; --- Be an active member of the agency-wide Leadership Team, supporting colleagues and regularly reviewing operational issues, budget performance and financial status. --- Keep in close and active communication with the CEO. ADDITIONAL RESPONSIBILITIES: JOB COMPETENCIES --- Strong knowledge of budgeting and nonprofit accounting principles; --- Experience with public contracting grant compliance; --- Demonstrated ability to read, analyze and interpret general business periodicals, professional journals, technical procedures, or governmental regulations; --- Demonstrated ability to prepare financial reports in compliance with regulations; --- Demonstrated ability to organize and maintain accurate and detailed reports; --- Ability to effectively present information and respond to questions from groups of managers, customers and the general public; --- Proficiency in researching rules, regulations and solutions as they apply to the agency; --- Knowledge of word processing and spreadsheet programs; and, --- Strong ability to work as a member of an administrative team with an ability to build consensus around key issues. --- Functions as a skilled consultant with a demonstrated ability to communicate complex financial information to staff, colleagues, volunteers and clients. REQUIRED EDUCATION AND EXPERIENCE --- A Master's degree in accounting, finance, business administration or a related field --- 7-10 years of experience in human services, health care, mental health or substance abuse fields; --- A successful review of the individual's Criminal Offender Record Information (CORI) according to company policy. ADDITIONAL ELIGIBILITY QUALIFICATIONS --- Must be able to build and manage an effective team capable supporting day to day operations and innovative change. --- Self-starter able to self-direct and manage their assigned schedule and budget their time appropriately --- Possess a desire to learn and grow within the organization --- Familiarity with the community based medical, behavioral health, and substance use and addiction treatment providers and systems in and around Lowell is a significant plus.

Keywords: Lowell House, Lowell , Chief Financial Officer, Accounting, Auditing , Lowell, Massachusetts

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