Job Description
Job DescriptionDescription:
Organizational Overview:
Farnham Family Services is Oswego County’s leader in substance use disorder treatment, prevention, and recovery services committed to promoting wellness, recovery, and resilience in individuals and families. Our work is rooted in compassion, accountability, and service excellence. We are seeking a mission-driven Chief Financial Officer (CFO) to join our executive team and lead the financial strategy in a way that will sustain and grow our impact in the community.
Job Summary:
The Chief Financial Officer (CFO) is a key member of the executive leadership team, responsible for leading the organization’s financial planning, strategy, and analysis. This role oversees the financial and operational infrastructure, ensuring the long-term fiscal health and sustainability of Farnham Family Services. The CFO provides high-level financial leadership and partners with administrative and board leadership in a collaborative environment supported by strong executive and board engagement to support informed decision-making.
Requirements:
Essential Job Duties and Responsibilities: (Additional duties may be assigned)
Strategic Financial Leadership
- Develop and lead the organization’s financial strategy in alignment with long-term goals and mission.
- Lead short- and long-term cash flow strategies to support service continuity, timely vendor payments, and growth planning
- Serve as a strategic partner to the Executive Director and Board of Directors, offering data-driven insights and financial forecasting to support organizational planning and growth.
- Provide clear, concise financial information to support sound decisions and the ability to interpret financial statements and reports.
- Participate in organization-wide planning, risk management, and strategy development.
- Ability to identify and mitigate financial risks and ensure compliance with regulations.
Oversight of Financial Operations
- Oversee the Controller and ensure effective day-to-day financial operations, including general accounting, cash flow, A/P and A/R, payroll, reconciliations, and month-end closing.
- Lead the preparation of annual and multi-year budgets; monitor financial performance against budget.
- Ensure timely and accurate monthly, quarterly, and annual financial reports.
- Coordinate annual audits and serve as the primary liaison to external auditors.
Grants, Revenue Cycle, and Compliance
- Provide strategic oversight of the Grants Manager and RCM (Revenue Cycle Management) team to ensure compliance with federal, state, and private funding requirements and accurate billing, collections, and reconciliation processes.
- Ensure compliance with all regulatory requirements and adherence to nonprofit accounting standards.
- Work with HR and compliance staff to assess and manage financial and operational risk across the organization.
Equipment, Machines and Software Used:
- Ability to operate various office equipment including computer, printer, telephone, fax machine, photocopier, scanner, and calculator.
- Computer Software: Microsoft Office to include Word, PowerPoint, Outlook, and Excel.
Supervisory Responsibility:
Supervise and support the Controller, Finance Assistants (Levels 1 & 2), RCM Team, and Grants Manager.
Education and Experience:
- Bachelor's degree in finance, Accounting, or related field required.
- MBA or Master’s degree in Nonprofit Management, Finance, Accounting, or related field preferred.
- CPA or CMA certification strongly preferred.
- Experience in OASAS-funded or CARF- accredited programs strongly preferred.
- Familiarity with NYS government contracts and grants.
- Minimum 10 years of progressive financial experience including Investment Experience or CFA, with at least 5 years in a senior leadership capacity.
- Deep experience in nonprofit financial management, including fund accounting, compliance, budgeting, and audits.
- Familiarity with healthcare billing (Medicaid/Medicare), grants management, and government contracts.
- Proven leadership and management skills to effectively lead a finance team and collaborate with other departments.
- Knowledge of financial systems and tools -Sage Intacct, RCM Billing Software, Excel Spreadsheet Advanced Level-Pivot tables/Macros/Financial Modeling, Grant management systems.
- Strategic thinker with the ability to connect financial data to mission impact.
- Excellent communication skills — able to convey complex financials to non-financial stakeholders.
- Proven team builder who can lead, mentor, and grow a high-performing finance team.
- Strong commitment to the mission, values, and community serviced by Farnham Family Services.
Physical and Mental Requirements:
- Ability to sit, stand, walk, talk, hear, use hands to grasp, handle or feel, reach, crouch, bend, or kneel, and perform repetitive motions of the hands and/or wrists (typing).
- Ability to exert up to 10 pounds of force frequently, and/or a negligible amount of force constantly to move objects.
- Close mental and visual attention required to perform work dealing primarily with preparing, analyzing, and interpreting data and figures, using a computer terminal, and/or extensive reading.
Environmental Conditions:
Potential for exposure to adverse environmental conditions. Work is performed in a typical office work environment with little to no travel to client/service locations. Understands and follows infection control standards and complies with the use of personal protection equipment to prevent exposure and transmission of communicable disease.