Director of Finance and Accounting

Description

Summary/Objective:

The Director of Finance and Accounting is responsible for all aspects of financial operations, recordkeeping, reporting, loan compliance, audit, and budget creation for Senior Housing Options, Inc. and all its properties, and manages a team of individual contributors carrying out the functions of property accounting, audit, accounts receivable and accounts payable. As a member of the Senior Housing Options, Inc. leadership team, the Director of Finance and Accounting informs other directors and the Chief Executive Officer on best practices in financial operations. The Director of Finance and Accounting is also responsible for presenting the financial statements and discussing the financial health of the organization with the SHO Board of Directors. 

Essential Functions:

· Responsible for establishing, monitoring, training on and enforcing financial policies and procedures to maintain operational excellence, efficiency and ethical and legal compliance

· Establish and monitor internal financial controls

· Ensure development of annual budgets for Senior Housing Options, Inc. and its properties

· Accomplish preparation, review and delivery to the Chief Executive Officer and the Board of Directors’ Financial Committee of accurate a complete monthly financial statement for Senior Housing Options, Inc. and its properties, including Profit and Loss Statement, Balance Sheet, current Accounts Receivable and Accounts Payable, variance reporting, bill backs, personal needs accounting, payroll reconciliation, capital spending, summary/overview, and recommendations. 

· Drive completion of outside audits and tax return preparation (990).

· Ensure accurate allocation of expenses to properties and Senior Housing Options, Inc. to maintain efficient and profitable business operations

· Oversee HUD billing process and verify timely receipt of funds, including ensuring funding renewals and rent increase schedules for HAP contracts are handled appropriately

· Maintain banking relationships, lending (abstract loans, ensure loan compliance including deliverables insurance certificates, mthly reporting, lender required reserves) and regulatory agency contacts, Yardi software needs and updates, and Medicaid billing systems to ensure ongoing receipt of funds and efficient financial operations

· Review and respond to all internal and external financial audit requests

· Oversee annual reporting for all tax requirements, including exemptions and specialized funding, billing and other financial requirements, SAMS renewal, and all required renewals to maintain 501c3 and other property standings.

· Serve as subject matter expert consultant to directors, administrators and managers regarding complex financial and accounting issues and ethical financial practices

· Provide specialized reporting and analysis to inform strategic plan of the organization – and modeling for business opportunities which could include development, re-financings, acquisitions at the request of the CEO or Board. 

· Responsible for overseeing relationships and requirements relative to our funding partners.

· Supervise the Medicaid billing process to ensure accuracy and timeliness.

· Supervises a staff of professionals.

Work Environment:

· Sitting for long periods, standing and walking intermittently

· Using office equipment such as computer, mouse, keyboard, printer 

· Indoor office environment, temperature controlled

Requirements

Competencies:

· Ability to get work done through others, and effectively lead a team of employees

· Demonstrates the ability to build and foster a strong, inclusive culture that promotes collaboration, respect, and shared goals. Consistently encourages open communication, values diversity, and inspires high performance through positive reinforcement and team engagement. Committed to creating an environment where employees feel valued, supported, and motivated to contribute their best work towards the organization's mission and objectives

· Skilled at communicating clearly both verbally and in writing, including the ability to provide non-technical assistance in a simple, straightforward manner

· High level of expertise in accounting methods, best practices and financial audits

· Commitment to fulfilling the mission of Senior Housing Options, Inc. to provide safe, affordable housing and caring services for seniors and people with disabilities

· Maintain a professional demeanor and respond with urgency  

· Show strong teambuilding and interpersonal skills in dealing with difficult employee issues

· Understanding of discretion needed in handling confidential information

· Self-directed, accountable for results and proactive;