Reports To President and Chief Executive Officer: Reporting to and partnering with the President/CEO, the chief financial officer (CFO) will set CHIME’s financial policy and direction while also being an active participant in, and driver of, the organization’s overall strategy. The CFO will lead all financial administration, business planning, and budgeting. The CFO will work closely with a motivated and engaged Finance Committee and the Board of Directors.
Job Summary: Responsible for the development, implementation, coordination and administration of the organizations’ financial policies and procedures, accounting methods and systems, budgets, internal and external reports and tax returns, cash management, receipt and disbursement of funds, and a system of internal control. Directs, supervises and coordinates the functions and activities of all Finance and Accounting Department and functions.
Job Responsibilities: To perform this job successfully, an individual must be able to perform each essential duty and responsibility satisfactorily. Other duties may be assigned to meet organizational and business needs.
Finance: Responsible for the financial accounting of CHIME (501(c)6), CHIME Foundation (501(c)6), CHIME Education Foundation (501(c)3) and all subsidiaries. This includes the implementation and maintenance of a system of internal accounting controls, verification of investment transactions, custodian banks, and preparation of monthly financial statements which conform in all respects to generally accepted accounting principles.
Coordinate the preparation of the annual budget for all entities mentioned above.
Coordinate the annual audit with independent certified public accountants and assists auditors in the conduct of audits.
Provide fiscal reports and analytical support to the Board Treasurer, as well as the Board of Directors and Finance Committee. Provides financial information and analysis to all internal customers as well.
Assist staff in use of budgeting, forecasting and proforma development for existing and new products/service lines.
Responsible for the financial issues (cash receipts, refunds, cancellations, etc.) arising from all program activities and conferences.
Oversee budgeting, and the implementation of budgets, so as to monitor progress and present operational metrics both internally and externally.
Ensure that finance staff maintains financial record systems in accordance with Generally Accepted Accounting Principles, and monitor the use of all funds.
Oversee the preparation and approval of all financial reporting materials and metrics for CHIME Board of Trustees; prepare and communicate monthly and annual financial statements.
Maintain all associated metrics and action plans for the CHIME Balanced Scorecard.
Participate and contribute in the preparation and delivery of the CHIME Annual Report.
Manage cash flow and forecasting; direct all financial, project-based, and departmental accounting.
Evaluate and make strategic direction recommendations on all investment and cash management programs.
Evaluate all benefits negotiations, thus providing the most competitive packages for CHIME Team.
Partner with the President/CEO on all operational and strategic issues as they arise; provide strategic recommendations to the president based on financial analysis and projections, cost identification and allocation, and revenue/expense analysis.
Participate in the ongoing strategic planning process as an integral member of the senior management team.
Oversee long-term budgetary planning and cost management in alignment with CHIME Vision, Mission and Strategic Direction.
Engage the entire senior leadership team to align financial management with short- and long-term financial planning and projections.
Engage the Board and Finance Committee around issues, trends, and changes in the operating model and operational delivery.
Supervision: Supervision is received from the President & CEO and general direction from the Chairperson, Treasurer, Board of Directors and the Finance Committee.
Working Relationships: The CFO supervises the controller, staff accountant, professional assistant, contract accounting services, and investment management service providers. The CFO interacts with all employees in all departments. The CFO interacts with the Treasurer, Board members, the Finance Committee, and external auditors.
Minimum Qualifications: To perform this job successfully, an individual should possess the knowledge, skills, and abilities listed and meet the amount of education, training and/or work experience required.
Bachelor’s degree in Accounting or equivalent experience; CPA highly preferred; MBA preferred
Five years of relevant experience including financial accounting controls, processes and procedures; preferably in a non-profit, association environment.
Experience with computerized accounting systems and association management systems/operations.
CHIME is an executive organization dedicated to serving CIOs and other senior healthcare IT leaders. With more than 2,400 CIO members and 150 healthcare IT vendors and professional services firms, CHIME provides a highly interactive, trusted environment enabling senior professionals and industry leaders to collaborate, exchange best practices, address professional development needs and advocate the effective use of information management to improve the health and healthcare in the communities they serve.