Chief Financial Officer

Open Position: Chief Financial Officer, Full Time

Salary Range: $125,000-$135,000

Location: Portsmouth, NH - WSL is located steps from Portsmouth's Market Square and Prescott Park, behind the Strawbery Banke Museum

About Us: Wentworth Senior Living's success truly depends on the skill, dedication, and happiness of our staff. Together with the seniors who call our community home, our employees take pride in shaping their workplace culture, and it shows. With industry-leading resident and family satisfaction, WSL is proud to help residents and staff make lasting connections while ensuring our seniors are fully engaged in living better lives longer.

Job Description: As the Chief Financial Officer at WSL, you will be responsible for directing all financial affairs of the organization using generally accepted accounting principles (GAAP), including general accounting, purchasing, billing and reimbursement, credit and collections, payroll and benefits oversight and other financial matters. Key responsibilities include:

• Provide comprehensive strategic and operational financial oversight to all functional areas of the organization while maintaining appropriate checks and balances to ensure prudent fiduciary compliance and alignment with Auditors suggested best practices.

• Plan, develop, organize, implement, evaluate, and direct the financial affairs of the organization collaboratively with the President/CEO.

• Supervise, review and direct the activities of the Financial Services department to ensure accuracy and compliance with both generally accepted accounting principles and any relevant regulations.

• Develop and produce or supervise the production of comprehensive monthly and year-end financial statements and annual budgets. Review with the President/CEO these financials and then present them to the Board of Directors at their monthly meetings.

• Work directly with the companys designated auditing firm. Understands the organizations critical issues from an accounting perspective and is well trained to ask the appropriate questions during the year when necessary. Collaborates with the auditors and the President/CEO during the audit process as well as if presented with findings.

• Prepare accurate and timely cash flow projections.

• Review Accounts Receivable balances, monitor aging and collect delinquent accounts.

• Supervise the maintenance of current records that reflect operational expenditures including cost, inventory, etc.

• Work with Admissions, Resident Services (Resident Care & Engagement), prospective residents and families to assess and confirm the financial alignment and fit for prospective residents.

• Maintain or supervise the maintenance of schedules for capital outlay and fixed asset depreciation.

• Provide oversight of payroll accounting methods, including special accounting functions required by any employee benefit or retirement plans, insurance accounting required by the federal FMLA, etc.

• Review/negotiate/confirm compliance with department heads for ALL contracts that WSL enters with outside services. ALL final contracts should reside with the CFO and should be monitored appropriately for renegotiations.

• Review and maintain appropriate insurance coverage policies and act as primary liaison between WSL and insurance agent.

• Keep current working knowledge of changes in tax and other laws that could affect WSL.

• Supervise and mentor IT & Support Services Manager and technology support staff as well as confirm appropriate oversight of specialized outside service providers.

• Comprehensive responsibility for the Organizations complete Information Technology Infrastructure

• Oversee and confirm compliance with comprehensive Cybersecurity protection to ensure the organization is protected from Cyberattack and data breaches.

• Review the performance and accuracy of Financial Services team members and make any necessary adjustments, including counseling and discipline. Document all review activities.

• Conduct performance evaluations as instructed by the HR Manager.

• Assist other team leaders in planning and conducting in-service training to instruct personnel in financial matters such as the economical use of supplies, saving money by proper use and maintenance of equipment, recycling, and other methods to avoid waste.

• Acts as WSLs HIPAA Security Officer.

• Other duties as assigned

Requirements:

• Bachelor Degree or equivalent experience in accounting with a minimum of 5 years of progressive managerial experience.

• Strong expertise in technology

• Advanced skills working with spreadsheets & Financial Accounting software. Must be able to work comfortably with pivot tables and considered proficient with Microsoft excel.

• Ability to work collaboratively and effectively with individuals at all levels of the organization.

• Effective personal organization skills

• CPA highly desirable.

Benefits: We compensate our staff with competitive salaries and many other benefits, including:

• Generous PTO Time

• High staff-to-residents ratio

• Medical, dental and vision insurance

• 401K savings plan with employer 4% match contribution after one year

• Life insurance coverage

• Short- and long-term disability coverage

• Flexible spending and dependent care accounts

• Employee development and education reimbursement assistance

• Employee assistance program

• Free employee meals

• Referral bonus program

• Surprise rewards throughout the year

Contingencies: All offers of employment are contingent on successfully passing a pre-employment screening, which includes a criminal background check and drug test.

EEO Statement: WSL provides equal employment opportunities in employment to all employees and applicants for employment without regard to race, color, religion, sex or gender (including pregnancy, childbirth, and related medical conditions), sexual orientation, gender identity, national origin, age, physical or mental disability, marital status, genetic information (including family medical history), political affiliation, military status or veteran status or any other protected category under applicable state, federal or local laws or ordinances