at Northeast Kingdom Human Services in St. Johnsbury, Vermont, United States
Job Description
Essential Job Duties:
Financial Management & Reporting
- Responsible for overall administration of accounting and financial operations, including revenue cycle, general accounting, information systems, and financial reporting in accordance with corporate policies and procedures.
- Manages accounting control systems and internal audits to ensure accurate and timely production of financial reports.
- Ensures timely, complete, and accurate financial records in accordance with Generally Accepted Accounting Principles (GAAP) and applicable audit guidelines of the federal government and State of Vermont.
- Prepares, analyzes, and presents monthly financial reports for the organization, its programs, and activities; monitors variances and reports to the Executive Director and Board of Directors.
- Provides regular financial updates, forecasts, and recommendations to the Executive Director and Board to support informed decision-making.
- Oversees and reviews preparation of all programs financial reporting required for funding sources.
- Oversees banking activities and actively manages cash flow to ensure operational liquidity. Develops reliable cash-flow projections and reporting mechanisms and optimizes banking relationships to enhance cash positions.
- Oversees coordination and activities of independent auditors, ensuring all A-133 audit issues and 403(b) compliance matters are resolved, and that annual financial statements meet GAAP and all federal, state, and contractual requirements.
Budgeting & Financial Planning
- Prepares, oversees, and reviews the annual Operating Budget and Capital Budget(s) to ensure programmatic success and compliance with all contractual and regulatory requirements.
- Develops tools and systems to provide critical financial information to leadership and recommends strategic actions.
- Interprets legislative and programmatic rules and regulations to ensure compliance, disseminates relevant updates, and monitors adherence.
- Monitors changes in legal, regulatory, and administrative environments and adjusts internal procedures to maintain compliance and optimize results.
- Participates in developing new business and funding opportunities, including evaluating cost-effectiveness and drafting programmatic budgets.
Strategic Leadership & Governance
- Serves as a key member of the Senior Leadership Team, assisting the Executive Director in decisions on NKHS’s strategic direction, financial operations, and major policy development.
- Acts as financial liaison to the Board of Directors, providing expertise on the organization’s financial position and participating in relevant board committees.
- Develops, distributes, and supports divisional and administrative staff in implementing financial protocols to ensure organizational integrity and effective decision-making.
- Works closely with Vermont Care Partners (VCP), the state-wide CFO group, and State of Vermont agencies to promote the Designated Agency (DA) system and ensure adequate funding for services.
- Represents NKHS professionally in internal and external committees and intra-agency meetings.
- Fosters collaboration across departments to support effective financial operations and organizational success.
Operations Oversight & Compliance
- Supervises Controller in managing billing, accounts receivable, accounts payable, and integration of billing data between electronic health record and accounting systems.
- Coordinates contract negotiations and execution with funders, vendors, and collaborative service providers, assessing contract benefits and advising on programmatic design and implementation strategies.
- Oversees the organization’s liability insurance program and conducts ongoing risk analysis.
- Reviews efficiency and effectiveness of employee benefit programs and seeks cost-effective solutions that maintain quality.
- Ensures strong internal controls are in place to safeguard organizational assets and maintain financial integrity.
