Director of Finance - Montpelier, United States - The Vermont Program for Quality in Health Care, Inc.

    The Vermont Program for Quality in Health Care, Inc.
    The Vermont Program for Quality in Health Care, Inc. Montpelier, United States

    3 weeks ago

    Default job background
    Description
    *Exciting Opportunity


    VPQHC is on the lookout for a dynamic individual to join our team as Director of Finance As the Director of Finance, you'll play a pivotal role in ensuring the financial health and sustainability of VPQHC, a leading organization dedicated to improving healthcare quality in Vermont.

    This is your chance to make a real impact in the healthcare sector while utilizing your expertise in finance. Hybrid work option, excellent benefits package, compensation commensurate with experience.

    Full-time, Exempt

    Organizational Standards

    Embrace ownership role of VPQHC.

    Accept empowerment to think creatively.

    Communicate thoroughly and professionally.

    Demonstrate respect, empathy, and collaborative teamwork.

    Demonstrate a commitment to diversity, equity, and inclusion through continuous development, modeling inclusive behaviors, and proactively managing bias.

    Basic Functions


    The Director of Finance is responsible for managing the financial operations of the organization, ensuring the organization's financial health, and organizational sustainability.

    This role will oversee all financial reporting, budgeting, forecasting, financial analysis, and compliance requirements.

    The Director of Finance will work closely with the Executive Director, Board of Directors, and VPQHC program staff, to develop and implement financial strategies that support the organization's mission and goals, and to ensure efficient tracking of project budgets.

    Characteristic Duties and Responsibilities

    Financial Management

    Develop and implement financial strategies that support the organization's mission and goals

    Manage and oversee all financial operations, including accounting, budgeting, forecasting, and financial analysis

    Ensure the accuracy and completeness of financial records, including the general ledger, accounts payable and receivable, payroll, and other financial systems

    Prepare and present financial reports to the Executive Director and Board of Directors, providing analysis and recommendations as needed

    Ensure compliance with all financial reporting and regulatory requirements, including tax filings, audits, and other reporting requirements

    Manage relationships with external partners, including banks, auditors, and other financial service providers

    Supervises and works with bookkeeper to ensure accurate and timely financial records are maintained.

    Oversees preparation of payroll and records payroll accurately in the General Ledger

    Prepares and transmits timely invoices to funders and other clients that meet contractual requirements

    Maintenance of general ledger

    Tax Filing and Compliance

    Oversee all tax filings and compliance requirements, ensuring that the organization is in compliance with all relevant laws and regulations

    Manage relationships with external auditors and other financial service providers to ensure compliance with all reporting and regulatory requirements

    Budgeting and Forecasting

    Develop and oversee the annual budgeting process, working closely with program managers and other stakeholders to develop realistic and achievable budgets

    Monitor actual performance against budget and provide regular updates and analysis to the Executive Director and Board of Directors

    Provide monthly reports to program managers on budgeted versus actual expenditures for VPQHC projects; coordinate with program staff to ensure reporting meets program management needs; make adjustments to reports as necessary

    Work closely with program staff to develop budgets for all VPQHC proposals and projects

    Develop and maintain financial forecasting models that support long-term financial planning and decision-making

    Board Relations and Reporting

    Report on the financial performance of the organization to the Board of Directors, including regular updates on budget performance, forecasts, and financial risks and opportunities

    Collaborate with the Executive Director and Board of Directors to develop and implement financial policies and procedures that align with the organization's values and strategic goals

    Represent the organization at internal and external events and meetings, providing financial guidance and support as needed

    Supervision Received

    Supervision is received from the Executive Director.

    Qualifications

    Bachelors Degree in Accounting, Finance, or related field; MBA or CPA strongly preferred

    8+ years of progressively experience in nonprofit financial management that includes expertise in understanding, developing, and utilizing allocation methodologies

    Proven track record of successful financial management, including experience developing and implementing financial strategies, managing budgets, and overseeing financial reporting and compliance

    Proficient in QuickBooks, Excel, Microsoft Suite, Zoom and other videoconferencing platforms

    Experience in preparing for, and meeting requirements of, annual independent financial audits including Federal Single Audits

    Strong leadership and management skills

    Excellent analytical, problem-solving, and decision-making skills

    Strong communication and interpersonal skills, with the ability to communicate financial information to non-financial stakeholders

    Passion for the mission and work of the organization

    Passionate interest in mentoring others and working as a team

    Work Atmosphere

    This job is performed within a professional office environment, with option to work remotely. The position may require attendance at occasional evening or weekend meetings; and may require occasional extended work hours. Job may be stressful throughout different periods of the year, mostly relating to meeting and budget preparation.

    This description illustrates the type of work that characterizes the position and is not an all-encompassing statement of the specific duties, responsibilities and qualifications of individuals who fill the position.


    Job Type:
    Full-time


    Pay:
    $85, $105,000.00 per year

    Experience level:

    8 years


    Ability to Relocate:

    Montpelier, VT 05602:
    Relocate before starting work (Required)

    Work Location:
    Hybrid remote in Montpelier, VT 05602

    #J-18808-Ljbffr