Financial Officer Jobs in Massachusetts

The Chief Financial Officer (CFO) is responsible for all functions related to the financial operations of the Boston Public Health Commission (BPHC). The CFO works closely with the Director of Administration and Finance and manages five Finance departments (Finance & Accounting, Budget, Post-Award Grants, Revenue and Procure to Pay) to ensure the Commission is operating within its $250M+ annual budget, while maximizing revenue opportunities, managing the compliance and reporting of funding, allocating funds appropriately, creating and implementing sound financial policies and procedures, and producing accurate and timely financial reporting.

The CFO manages the finances of the Commission to ensure there are sufficient resources to carry out BPHC’s mission of working in partnership with communities to protect and promote the health and well-being of all Boston residents, especially those impacted by racism and systemic inequities. In executing his/her duties, the CFO will be guided by BPHC’s organizing principles of setting and achieving performance targets, growing our people, and making a positive impact. The responsibilities of the position include, but are not limited to, the following:

I. Financial Operations Oversight

• Lead the BPHC financial operations team including finance and accounting, budgeting, procure to pay, revenue (including EMS revenue), post-award grants management, and management reporting
• Serve as a budget liaison between the Commission and the City of Boston. As needed, attend and or present at city council budget hearing and OBM budget meetings.
• Oversee the budgeting, projection and forecasting, of key performance indicators and financial results
• Serve as the primary organizational agent for managing the balance sheet and ensuring that all balance sheet accounts are reconciled monthly
• Oversee Bank of America P-Card administration and BPHC Gift Card Administration

II. Financial and Management Reporting

• Ensure that quarterly financial statements and periodic reports are completed and distributed timely
• Prepare detailed analyses of financial statements to reflect variances in income, expenditures, and capital asset values from previous periods
• Evaluate fringe benefits and indirect cost recovery rates for accuracy, integrity, and compliance with Federal regulations
• Analyze data and compile reports, including graphs and charts

III. Audit, Risk, and Compliance

• Take the lead in facilitating an independent annual financial statement audit, working closely with BPHC’s. external auditors
• Actively identify opportunities for internal audits of high-risk areas
• Educate the organization about new and existing compliance requirements.
• Establish, implement and monitor an integrated internal control environment in accordance with the Committee of Sponsoring Organizations (COSO) framework

IV. Policies and Procedures

• Develop, update and implement policies and procedures and ensure that organizational goals and financial objectives are consistent with the mission and purpose of the Commission
• Support ongoing training of all policy and procedure changes and initiatives for all key personnel, including Bureau employees

V. Cash Management

• Manage BPHC treasury function. approve cash transfers, manage cash balances daily to maximize interest earnings, manage the Bank of America CashPro app, and Bank of America WORKS app, request federal PMS and ASAP LOC cash draws, oversee the management of accounts receivable open accounts, and forecast weekly cash needs.

VI. Operating Performance

• Make recommendations for reducing operating costs and increasing revenues, based on extensive knowledge of market trends, financial reports, and industry operating procedures.
• Continuously improve office operations, streamline work processes, and decrease processing turnaround times

VII. Management

• Direct, supervise, evaluate, and mentor Finance staff. Coordinate weekly Finance Leadership Team meetings.
• Conduct annual performance evaluations, including technical competence, teamwork, communication skills, and personal leadership abilities that result in visible, measurable outcomes for customer service and operational efficiencies.
• Make and recommend management and personnel decisions, including but not limited to, promotion, transfer, and assignment of staff, and imposition of discipline.

VIII. Enterprise Resource Planning

• Oversee the successful completion of the Workday Financial Management implementation, with a projected go-live date of July 1, 2027.
• Review and evaluate the design and configuration of the system, oversee testing, assign security levels to finance staff, document procedures and protocols, and assist with companywide change management and training.

IX. Other Responsibilities

• Work in a confidential capacity with the Director of Administration and Finance
• Meet weekly with the Director of Administration and Finance and provide periodic status reports regarding all aspects of department operations, including but not limited to, issues pertaining to staff and other confidential matters.
• Active member of Senior Leadership Team.
• Perform other duties as required by the Director of Administration and Finance or Executive Director.
• Knowledge of or willingness to learn about the role of public health in addressing racism, the social
  determinants of health, and inequities in health outcomes as well as strategies to advance racial justice and
  health equity.
• Commitment to health equity and racial/social justice issues.

• Bachelor’s degree in accounting, or related field required.
• Knowledge of or willingness to learn about the role of public health in addressing racism, the social determinants of health, and inequities in health outcomes as well as strategies to advance racial justice and health equity.
• Commitment to health equity and racial/social justice issues.
• Certified Public Accountant (CPA) and/or MBA or master’s in accounting or finance required.
• 10+ years’ experience in government or not-for-profit finance required.
• Basic knowledge of and/or experience with Workday enterprise resource planning (ERP).
• Solid experience with project and grant accounting, federal IDC and fringe benefit rate proposals and negotiations, and in-depth knowledge of the Code of Federal Regulations (CFR200) required.
• 7-10 years of prior management experience required
• Ability to demonstrate vision, strategic thinking, collaboration and inclusive leadership skills, flexibility and adaptability; and a willingness to embrace and drive change.
• Build relationships with internal and external partners.
• Ability to influence others, negotiate to a successful resolution, and engage in effective problem solving.
• Excellent communication, interpersonal, and writing skills are necessary.
• Must be self-motivated with the ability to recognize and set priorities and work effectively as an individual and as a member of a team.

The mission of the Boston Public Health Commission (BPHC) is to work in partnership with communities to protect and promote the health and well-being of all Boston residents, especially those impacted by racism and systemic inequities. The BPHC sets an expectation that all staff and leadership commit, individually and as part of the BPHC team, to hold ourselves accountable to establishing a culture of anti-racism and advance racial equity and justice through each of our bureaus, programs, and offices.

• City of Boston residency is required; Allston, Back Bay, Bay Village, Beacon Hill, Brighton, Charlestown, Chinatown, Dorchester, Downtown, East Boston, Fenway-Kenmore, Hyde Park, Jamaica Plain, Mattapan, Mid-Dorchester, Mission Hill, North End, Roslindale, Roxbury, South Boston, South End, West End, West Roxbury, Wharf district.
• A Criminal Offenders Records Information request must be completed for this position. However, a record is not an automatic bar to employment but is reviewed in relation to the job applied for.
• Certain immunizations will be recommended and/or required prior to commencement of employment duties.
• Any position that requires an advanced degree will be subject to education verification.
• Certain positions at the BPHC may be Grant Funded.
• The Boston Public Health Commission is an EEO Employer and all applicants meeting the minimum requirements are eligible to apply.
• Certain positions at the BPHC may require Child Protective Service Background verification.
• The advertised shift and schedule are subject to change at the department's discretion.

Monday to Friday, 9AM to 5PM