CFO - Continuing Care Retirement Community Job at Enduring Solutions, Winston Salem, NC

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  • Enduring Solutions
  • Winston Salem, NC

Job Description

Job Description

Job Description

Overview

The Chief Financial Officer (CFO) plays a pivotal role in the strategic and operational leadership of the organization. As a senior executive, the CFO is responsible for managing the financial actions of a company, including tracking cash flow, analyzing financial strengths and weaknesses, and proposing corrective actions. Moreover, the CFO is instrumental in driving the financial strategy to enhance the company's profitability and sustainability while ensuring compliance with regulations and financial reporting standards. By providing insightful leadership and strategic guidance, the CFO empowers the organization to achieve its financial objectives and drive business growth. This executive must possess a deep understanding of financial management and economic principles, as well as the ability to communicate complex financial concepts to non-financial stakeholders. The CFO will work closely with other executives to align financial goals with business strategies.

**Healthcare/Retirement Community/senior living/or similar organizational environment industry experience is a must**

Key Responsibilities

  • Develop and implement financial strategies aligned with the company’s goals.
  • Oversee all financial operations, including budgeting, forecasting, and reporting.
  • Ensure compliance with regulatory requirements and financial audits.
  • Manage cash flow to optimize resource allocation and investment opportunities.
  • Conduct financial analysis to identify trends and opportunities for improvement.
  • Collaborate with executive leadership to align business strategies with financial objectives.
  • Monitor and manage working capital and liquidity to support business needs.
  • Lead the finance team in executing financial plans and performance metrics.
  • Develop and maintain relationships with external financial stakeholders and investors.
  • Implement effective risk management strategies to mitigate financial risks.
  • Prepare financial reports for board meetings and executive discussions.
  • Advise on capital structure, funding sources, and investment opportunities.
  • Drive cost optimization initiatives across the organization.
  • Ensure the integrity of financial information and accuracy in reporting.
  • Enhance the financial performance of the organization through analysis and recommendations.

Required Qualifications

  • Master's degree in Finance, Accounting, Business Administration, or related field.
  • Certified Public Accountant (CPA) designation preferred.
  • Minimum of 10 years of financial management experience, with at least 5 years in a senior leadership role.
  • Proven experience in financial modeling and analysis.
  • Strong understanding of financial regulations and compliance standards.
  • Exceptional leadership and team management skills.
  • In-depth knowledge of financial forecasting and budgeting processes.
  • Experience in risk assessment and mitigation strategies.
  • Excellent communication and presentation skills.
  • Proficient in financial software and tools, including ERP systems.
  • Strong analytical skills and attention to detail.
  • Ability to work under pressure and meet tight deadlines.
  • Experience with mergers, acquisitions, or divestitures is a plus.
  • High ethical standards and integrity in financial reporting.
  • Ability to build strong relationships with internal and external stakeholders.

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