Director of Finance & Accounting

Our client, a well-known mission-driven organization is seeking an experienced Director of Finance & Accounting with excellent customer service and management skills to join their collaborative team in Downtown Los Angeles. The Director of Finance & Acounting will direct the daily financial activities and reporting of the organization accurately and efficiently to senior management, as well as the Board of Directors. This is an incredible opportunity to work for a company that has provided affordable health care to families throughout our communities for the last 50 years.

Responsibilities:

• • Oversee all aspects of day-to-day financial operations and the accurate recording of all transactions in compliance with GAAP, including accounts payable, payroll, and supply chain/purchasing, accounts receivable, allowance for doubtful accounts, and contractual allowances
  • Timely preparation, review, and issuance of monthly, quarterly, and annual financial statements for internal management, Board of Directors, and the Federation
  • Manage the monthly close timeline to ensure reporting deadlines are met
  • Review monthly, quarterly, annual, and ad-hoc financial performance vs. budget, and investigate and explain variances
  • Create, monitor, and review financial dashboards and Key Performance Indicators (KPI) in a timely manner to provide senior management with meaningful data regarding financial performance, and inventory/supply chain functions
  • Develop, improve, and enforce appropriate policies and procedures, and internal controls for the accounting and supply chain departments
  • Continually monitor internal financial controls and cash handling procedures within the finance department to ensure compliance with internal policy and accreditation requirements
  • In coordination with the Chief Financial Officer, Vice President of Finance, and senior management, manage the annual budget process, working with all department managers to gather information and compile it into a consolidated budget for presentation to the Board
  • Manage and evaluate the accounting and supply chain staff and oversee all functions performed by the finance group (which includes supply chain)
  • Continuously monitor staffing levels and workload assignments to ensure there is sufficient knowledge and cross-training to accomplish goals, including training and succession planning as needed
  • Direct the supply chain/purchasing function, which includes purchases of capital equipment, to ensure compliance with internal policy and vendor contracting; negotiate pricing with vendors, ensure implementation of new products or services, and adherence to health system requirements
  • Review and prepare account reconciliations in a timely manner; ensure proper accounting for accounts receivable, accruals, fixed assets, prepaid expenses, and other accounts
  • Coordinate all financial, regulatory, and government audits, prepare/review audit schedules and respond to all auditor requests in a timely manner
  • Prepare annual financial statements and draft footnotes
  • Ensure compliance with all reporting requirements of both governmental and private funding sources
  • Oversee the complete and accurate processing of the payroll and accounts payable to ensure accurate and timely payments
  • Monitor and analyze vendor performance of all major vendors, address deficiencies, ensure process improvement to resolve current and continuing deficiencies

Our Ideal Candidate will have the following qualifications:

• • Bachelor’s degree in accounting, finance, or a related field required
  • Non-profit experience preferred or either healthcare or manufacturing/distribution experience
  • CPA preferred with an audit background
  • Minimum of five (5) to eight (8) years of accounting and financial analysis experience required; strongly prefer a combination of both public accounting and private accounting experience
  • Experience with multi-organization, multi-fund, nonprofit healthcare accounting (501C3 and 501C4 experience is desired), Single Audits, and IRS forms 990

For immediate consideration please email resumes to Jgoodman@cfs-la.com