Chief Financial Strategy Officer, Non-profit

ABOUT ETHOS

Ethos is a private, non-profit organization that is dedicated to promoting independence, dignity and well-being among the elderly and disabled through quality, affordable and culturally appropriate home and community-based care. As a state-authorized Aging Services Access Point (ASAP), Ethos administers the Money Management, Nutrition, Long Term Care Ombudsman, Healthy Aging, and SHINE Programs for the entire city of Boston and also coordinates all the non-institutional home and community-based services for elderly and disabled residents of the southwest Boston neighborhoods of West Roxbury, Hyde Park, Roslindale, Jamaica Plain, and Mattapan. Visit www.ethocare.org for more information.

EO/AA/VEV/Disabled Employer -----Ethos Affirms and Supports Diversity

CORI background check required

Ethos encourages vaccination to safeguard the health of our employees and their families, our clients and visitors, and the community at large from respiratory illness.

Applicants applying for this position must not now, nor at any point in the future, require sponsorship for employment.

Are you looking for a career working with an agency that makes a difference and impacts the lives of others?

Ethos is currently seeking a Chief Financial Strategy Officer to lead our well-established fiscal department. This unique opportunity allows a seasoned senior level financial leader to oversee the fiscal department while positioning the organization for financial sustainability and growth. Ethos seeks someone with a proven track record in all aspects of non-profit accounting and experience interfacing with a Board of Directors. The qualified candidate should also be interested in working with a medium-sized non-profit with complex funding and have an interest in strategic financial planning. This is a full-time exempt position that requires in-office presence with the potential for a hybrid work schedule. The current starting salary range is $160,000 - $180,000 annual and includes an excellent benefit package.

MAJOR RESPONSIBILITIES: The Chief Financial Strategy Officer is a key member of the Senior Leadership Team, responsible for the financial health, integrity, and sustainability of the organization. This role leads financial strategy, budgeting, reporting, and risk management while aligning financial practices with the organization’s mission, values and strategic goals. The CFSO ensures that financial acumen, strategy, resource allocation, and financial sustainability are fully integrated across the organization.

DUTIES:

1. Develop and maintain financial records, policies and procedures of the agency.
2. Directly supervise the Fiscal Director who supervises all staff in the Fiscal Department. Provide coaching and mentorship to the Fiscal Director to ensure the financial health of the organization.
3. Develops annual operating budget by department, along with members of the Senior Leadership Team. Obtains full Board approval of the budget. Works with leadership to ensure that income exceeds expenses for all departments/programs.
4. Explore alternative funding streams for the organization with the goal of financial solvency.
5. Ensure members of leadership are trained in understanding the organization’s financial picture and that of their own departments.
6. Ensure the implementation of the Strategic Plan in areas relating to the financial health of the organization.
7. Working with the Chief Executive Officer or his/her designee; prepare grants and contracts in accordance with state, city, or local guidelines in an accurate and timely manner.
8. Monitor the expenditure in all grants and contracts.
9. Work with Chief Executive Officer and Program Directors to monitor and evaluate all contracts and grants of the Agency.
10. Oversee the billing processes and handle issues for various funding sources including: Executive Office of Elder Affairs, Age Strong Commission/Area Agency on Aging, SCOs and other organizations.
11. Maintain financial relationships with related partners such as BSHC, CBES, BEI, BAP etc.
12. Oversee the preparation and analyze all annual, quarterly and monthly reports for the Board of Directors, staff, State, Federal and City governments.
13. Work with the Human Resources Director on salaries, workers compensation, payroll, insurance benefits and other related issues.
14. Provide cash management control.
15. Coordinate development and implement upgrades of the accounting systems and other financial and payroll software.
16. Oversee the departmental Quality Improvement process.
17. Maintain all financial records.
18. Coordinate the selection of a certified, independent CPA firm to provide the annual audit.
19. Oversee the completion of the audit to provide necessary papers and information for the various year-ended audits and the Corporation tax return.
20. Analyze the annual audit reports, UFR, and tax return. Oversee the filing of annual reports and tax return according to Federal and State requirements.
21. Develop and maintain cost allocation system for all programs.
22. Attend relevant Agency and Board meetings as well as monthly State Fiscal Directors meetings.
23. Perform other duties as assigned by the Chief Executive Officer.

QUALIFICATIONS:

1. B.S. Degree in Accounting, Finance, or Business or B.A. and equivalent experience.
2. Minimum of five years’ experience in all phases of accounting.
3. Accounting experience in a Human Services Agency preferred
4. Experience in fund accounting and budget experience.
5. Prior management and supervisory experience.
6. Competency in Microsoft Office and non-profit accounting software required.
7. Excellent organization, interpersonal and communication skills.

Benefits include:

• Vacation time = starting at 3 weeks per year, accrued bi-weekly; 4 weeks after 3 years
• Sick time = 12 days per year accrued bi-weekly; Sick Time conversion to additional vacation hours
• Personal time = 1 week per anniversary year
• 14 holidays plus your birthday off!
• Health Insurance at the beginning of the month following hire (with a choice of over 30 health insurance plans with varied premium rates; most available for purchase with zero to little monthly employee cost).
• Dental insurance - 75% premium paid by Ethos
• VSP – Vision Insurance Plan
• Ethos paid life insurance at one time annual salary (100k max).
• Ethos paid Long-Term and Short-Term disability insurance
• 403(b) Retirement Plan with employer discretionary contribution
• Credit union
• Pre-tax deductions (medical, dependent care and transportation)
• Expanded Learning – Professional Development - Employee Assistance Program (EAP)