Chief Financial Officer - Boston, Massachusetts, United States

Only for registered members Boston, Massachusetts, United States

3 days ago

$80,000 - $150,000 (USD) per year *

* This salary range is an estimation made by beBee

Job Title: Chief Financial Officer (CFO) · Business Unit: Administration · Department: Fiscal · Reports To: Chief Executive Officer · Direct Reports: Director of Finance; Director of Revenue; other senior finance leaders as assigned · FLSA: Exempt · Classification: Regular ...

Job description

Job Title: Chief Financial Officer (CFO)
Business Unit: Administration
Department: Fiscal
Reports To: Chief Executive Officer
Direct Reports: Director of Finance; Director of Revenue; other senior finance leaders as assigned
FLSA: Exempt
Classification: Regular Full-time (35 Hours)
Grade: 19
Salary Range: $150,000 – $170,000 (commensurate with experience)

SUMMARY

The Chief Financial Officer (CFO) is a key member of the Senior Leadership Team and a close partner to the CEO. The CFO helps ensure that strong financial stewardship supports Boston Senior Home Care's mission and the people we serve.

This role is both strategic and practical. The CFO works across the organization to guide financial decisions, strengthen long-term sustainability, and support thoughtful use of resources. In a complex state-funded and payer-driven environment, the CFO brings clarity to financial information so leadership and the Board can make informed decisions with confidence.

The CFO balances careful financial management with forward-looking planning, helping the organization remain stable, responsive, and resilient.

STRATEGIC LEADERSHIP & CEO PARTNERSHIP

Partner with the CEO and Senior Leadership Team to align financial planning with organizational priorities.

Translate strategic goals into clear financial plans, realistic forecasts, and measurable performance indicators.

Lead multi-year financial planning and scenario analysis to prepare for funding changes and service demands.

Oversee annual budgeting and rolling forecasts, helping leadership adapt to funding changes and maintain financial stability.

Establish regular financial and operational check-ins that promote shared accountability and cross-functional collaboration.

Work with leadership to make thoughtful decisions about the use of reserves and limited resources, ensuring financial stability while continuing to meet community needs.

BOARD & GOVERNANCE

Serve as the primary financial liaison to the Board of Directors and Finance Committee.

Present clear, understandable financial updates that highlight trends, risks, and opportunities - not just numbers.

Support strong fiduciary oversight and help Board members understand financial drivers in a state-funded human services environment.

Maintain effective relationships with auditors, banks, investment advisors, and other key external partners.

FINANCIAL STEWARDSHIP & RISK MANAGEMENT

Oversee investment strategy, liquidity, and reserves in line with Board policies and organizational needs.

Strengthen enterprise risk management across financial, operational, regulatory, payer, and technology areas.

Ensure strong internal controls and compliance with GAAP, nonprofit standards, and applicable federal and state regulations.

Oversee the integrity and timeliness of the monthly financial close and reporting process, ensuring accurate revenue recognition, balance sheet discipline, and reliable information for leadership and Board decision-making.

Incorporate payer trends, regulatory changes, and revenue performance into forecasting and risk planning.

REVENUE CYCLE STRATEGY

Provide executive oversight of billing, collections, accounts receivable, and payer relationships.

Set clear performance expectations for revenue cycle metrics and support cross-department collaboration to improve results.

Integrate revenue trends into financial forecasting and organizational planning.

GRANTS, CONTRACTS & PROGRAM FINANCE

Provide strategic oversight of government grants, contracts, and ASAP network funding.

Partner with program leaders to support rate analysis, purchased services oversight, and long-term program sustainability.

Ensure cost allocation practices are compliant, transparent, and clearly understood.

Align financial planning with program performance to maintain stable and responsible funding.

SYSTEMS, AUTOMATION & DATA STRATEGY

Guide modernization of financial and revenue systems (e.g., Sage Intacct and related tools) to better support reporting, compliance, and decision-making.

Champion automation, standardization, and internal control improvements that reduce manual work, strengthen accuracy, and build a more reliable and efficient finance function.

Lead thoughtful review and redesign of financial and revenue workflows to simplify processes, reduce duplication, and build more sustainable ways of working.

Identify labor-intensive processes and partner with staff to streamline and standardize workflows in a way that supports both efficiency and service quality.

Support development of practical dashboards and reporting tools that improve transparency and day-to-day decision-making.

Ensure financial data is reliable, consistent, and trusted across departments.

PEOPLE LEADERSHIP & CULTURE

Directly supervise and support the Director of Finance and Director of Revenue.

Develop strong leadership capacity within Finance and Revenue through mentoring and succession planning.

Promote financial literacy across departments through coaching and practical reporting tools.

Model collaboration, accountability, equity, and service.

OTHER DUTIES

This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities. Duties, responsibilities, and activities may change at any time with or without notice.

REQUIRED / PREFERRED EDUCATION AND EXPERIENCE

Bachelor's degree in Accounting, Finance, or related field required.

Advanced degree (MBA) and/or CPA preferred.

10+ years of progressive financial leadership, including managing Controller and Director-level leaders.

Nonprofit or human services experience strongly preferred; experience with government grants, contracts, and payer programs is a plus.

Experience sponsoring financial and revenue systems modernization (e.g., Sage Intacct, billing/RCM solutions), analytics, and process transformation.

IMPORTANT CHARACTERISTICS & COMPETENCIES

Strategic, data-driven financial leadership with strong judgment and integrity.

Expert knowledge of GAAP, nonprofit accounting, internal controls, revenue cycle metrics, and risk management.

Exceptional communication skills with ability to translate complex concepts for diverse audiences.

Proven change leadership; builds high-performing, inclusive teams and cross-functional partnerships.

Commitment to diversity, equity, inclusion, and mission-driven service.

SUPERVISORY RESPONSIBILITY

Directly supervises the Director of Finance and the Director of Revenue, with executive oversight of the broader Finance, Accounting, and Revenue Cycle teams.

WORK ENVIRONMENT

Professional office environment with a hybrid remote work arrangement.

PHYSICAL DEMANDS

Must be able to carry up to 15–20 pounds.

POSITION TYPE / EXPECTED HOURS OF WORK

Full-time, hybrid position with a standard Monday–Friday schedule; flexibility required during budgeting, fiscal year-end, audits, and payer deadlines.

TRAVEL

Up to 15% local travel may be required.

WORK AUTHORIZATION / SECURITY CLEARANCE

Must be authorized to work in the United States.

AAP/EEO STATEMENT

Boston Senior Home Care affirms and supports diversity, equity, and inclusion in the workforce.

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