Chief Development Officer - Higher Ed. jobs in Madison, WI

The Chief Financial Officer (CFO) will assume a strategic role in the overall management of The Lutheran Home Association (TLHA). The CFO will have primary day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the company. This will include direct responsibility for accounting, finance, reimbursement, forecasting, strategic planning, job costing, legal, property management, acquisition analysis and negotiations, investor relationships and partnership compliance and private and institutional financing.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Strategic Thinking and Implementation

• Participate in the ongoing strategic planning process as an integral member of the senior management team.
• Assess organizational performance against both the annual budget and TLHA's long-term strategy.
• Assist in establishing yearly objectives and meeting agendas, and in selecting and engaging outside consultants (auditors, investment advisors).
• Oversee long-term budgetary planning and cost management in alignment with TLHA's strategic plan.
• Monitor and direct the implementation of strategic business plans.
• Develop financial strategies.
• Develop performance measures that support the company's strategic direction.
• Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization's operations and business plans.
• Evaluate and advise on the impact of long-range planning, introduction of new programs/ strategies and regulatory action.

Finance

• Oversee all accounts, ledgers, and reporting systems, ensuring compliance with appropriate Generally Accepted Accounting Principles (GAAP), and regulatory requirements.
• Provide leadership and direction of the revenue cycle to maximize reimbursement for services including contract negotiation, documentation of services, coding and billing, claims submission and compliance.
• Procure specialized finance IT systems that meet the needs of the organization.
• Oversee budgeting and the implementation of budgets so as to monitor progress and present financial metrics both internally and externally.
• Ensure timeliness, accuracy, and usefulness of financial and management reporting for federal and state funders, foundations, and the Board of Directors; oversee the preparation and communication of monthly and annual financial statements.
• Coordinate all audit activities and requirements.
• Coordinate the proper filing of tax returns.
• Understand and mitigate key elements of the company's risk profile.
• Ensure maintenance of appropriate internal controls and financial procedures.
• Oversee business insurance plans and maintain appropriate insurance coverage.
• Monitor all open legal issues involving the company, and legal issues affecting the industry.
• Ensure that the company complies with all general legal and regulatory requirements. Ensure legal and regulatory compliance regarding all financial functions.
• Investigate audit findings and consider changes based on recommendations.
• Ensure compliance with all contractual and programmatic requirements. This includes:
• Oversee financing strategies and activities
• Manage daily, weekly, and monthly cash flow and forecasting. Maintain a reliable cash flow projection process and reporting mechanism that includes minimum cash thresholds to meet operating needs.
• Optimize the handling of banking relationships and initiate appropriate strategies to enhance cash
  positions.
• Arrange for debt and equity financing.
• Represent the company to financial partners, including financial institutions, investors, foundation
  executives, auditors, public officials, etc.
• Provide direction and oversight to the finance and accounting team to support high quality performance.
• Manage the capital expenditures request and budgeting processes.
• Oversee the maintenance of the inventory of all fixed assets, including assets purchased with
  government funds assuring that all our in accordance with audit standards and regulations.
• Oversee all purchasing and payroll activity for vendors and staff.

QUALIFICATIONS:

• Bachelor's degree in Accounting or Finance from a four-year college or university. A master's degree and/or a CPA is a plus, but not required.
• Six to ten years of strategic leadership experience and/or training; or equivalent combination of education and experience.
• Candidates with experience in health care reimbursement, nonprofit leadership and strong multi-site experience would be preferred.

EOE/AA/Min/F/Vet/Disability