Vice President of Finance at Centering Healthcare Institute

About Centering Healthcare Institute

Centering Healthcare Institute is a non-profit organization that collaborates with healthcare providers across all sectors to transform healthcare. Our mission is to improve health, transform care, and disrupt inequitable systems through the Centering group model. We empower patients, strengthen patient-provider relationships, and build communities through three main components: health assessment, interactive learning, and community building.

We are dedicated to creating a future where the risk of preterm birth, the inequities faced by Black women in pregnancy-related outcomes, and the disparities in early childhood are significantly reduced—ensuring that every child has the potential to enjoy better life chances, social and economic opportunities, and overall well-being. With more than two decades of experience as the leading resource for group care, we have developed and sustained the Centering model in nearly 500 practice sites and some of the largest health systems in the world.

For more information about our mission and work, please visit www.centeringhealthcare.org. 

About the Opportunity

Having experienced significant growth in recent years and under new leadership, Centering Healthcare Institute (CHI) is excited to embark on an ambitious plan to bring the Centering model to more healthcare providers nationwide. The Vice President of Finance role is an opportunity for an ambitious, highly motivated, and seasoned finance and accounting professional to evolve the organization’s finance function on pace with CHI’s growth, strategy, and short- and long-term needs. 

Reporting to the fractional Chief Financial Officer, with a dotted line to the Chief Executive Officer, the Vice President of Finance is responsible for building and strengthening CHI’s organizational finance and accounting functions and the team of finance professionals to sustain the department’s goals and activities, as well as its strategic needs. This position supervises the Finance department, including directors, managers, accountants, and analysts.  

The VPF will execute and develop key financial processes focused on growing, scaling, measuring, and articulating CHI’s reach, revenue, and value proposition. The role oversees CHI’s financial operations, accounting, revenue management, financial performance, budgeting, financial planning, and analysis. 

In particular, the Vice President of Finance will lead CHI’s migration process, a complex 3-5 year build out that will require expert training, project and change management with stakeholders, staff, and vendors. This is an opportunity for a seasoned finance professional, who has led complex, multi-year migrations, to shine in growing and scaling an organization’s finance and technological abilities and its overall impact.

The finance leader will also ensure all accounting operations are compliant with GAAP, internal accounting controls are maintained for data integrity, compliance, and risk, and quality analyses for organizational decisions are provided. As a member of the Executive team, the VPF supports financial strategy and leadership and will work to enhance efficient financial operations and assist in Centering Healthcare Institute's compliance with relevant tax and finance laws, regulations, and filings. 

The strategic leader stepping into this role has a first-ever opportunity to set a clear vision and direction for CHI’s finance function and bring the organization's finance and accounting needs to a new level and era.

Areas of Leadership 

To perform this job successfully, an individual must be able to excel in each of its essential functions. Centering Healthcare Institute’s next Vice President of Finance brings experience and a passion for leadership in the following areas of leadership which are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform these functions. 

Mission and Vision

• Be a champion for improving health, trans­forming care, and disrupting inequitable sys­tems through the Cen­ter­ing group model
• Demonstrate commitment to and knowledge of CHI’s priority focus on diversity, equity, inclusion, and belonging and its values of advancing high-quality, evidence-based group care; creating an environment that inspires relationships of collective power in the health system; and disrupting the structures and systems that drive poor health to co-create communities where everyone has an equitable opportunity to thrive

Executive and Organizational Leadership

• Advise CHI’s CEO, its Executive and Leadership teams, and board members, on all financial matters regarding the company and its entities, collaborating with the Chief Development Officer, Fractional Chief Financial Officer, and the Chief Executive Officer on critical financial decisions and evaluating and advising on impact of financial initiatives, including, short, mid and long-term strategies for CHI
• Maintain an adequate system of internal accounting controls throughout the company, ensuring implementation and maintenance of appropriate segregation of duties and financial procedures
• Participate in strategic planning and develop Finance team priorities, including the development of financial KPIs
• Support CHI’s sustainability and growth efforts through the direction and management of the its financial planning and analysis work, with a critical eye on cyclical financial processes, revenue processes, compliance and reporting 
• Collaborate and provide direct leadership across the organization to support the knowledge base around financial processes, budgeting and the monthly review process
• Maintain and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans
• Support staff in accurate expense allocation and proper classification and record keeping of financial transactions, implementing changes when appropriate
• Assess, recommend, and implement updates to the grants management function, processes and systems, financial analysis and reporting, net asset schedules, investment strategy and fiscal and grant budgeting process
• Oversee the provision of ongoing treasury activities, cash management, cash flow, forecasting and variance analysis to senior management; implement a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs
• Assist the Operations team with relevant quarterly and annual filings
• Ensure timeliness, accuracy, and usefulness of financial management reporting for funders, foundations, and contractors
• Serve as the liaison to the Board’s Finance committee; effectively communicate and present critical financial matters at the Board of Directors and committee meetings by managing all board-related Finance committee materials, dashboards and presentations, and Board engagement related to financial matters

Finance Strategy and Expertise

• Build an operating model for a successful finance function, working across organizational functions (e.g. development, human resources etc.), keeping compliance and generally accepted accounting principles at the forefront 
• Lead the organization’s multi-year migration, integration, and upgrades for all financial technology; manage the flow, use and utilization of cloud-based technology such as Sage, Salesforce, Ramp and bill.com, exploring new technology and dashboarding options as necessary
• Improve and strengthen the integrity of data and the systems to track and manage it
• Bring audits into compliance and lead timely and successful audits going forward
• Maintain accuracy and completeness of revenue and disbursements reported
• Provide ongoing strategic financial direction and develop policies and procedures, manuals, training, and toolkits
• Monitor and advise on the financial health of the organization, assets, holdings, investments and reserves
• Ensure the organization remains in excellent financial standing, and monitor changes that may impact financial reporting
• Partner with finance staff to oversee the organizational budget
• Support the development of business continuity and contingency plans to strengthen financial modeling and scenario planning
• Develop financial materials, training, narratives, presentations and visuals to support financial resource development and resource/tool building
• Identify and implement process improvement to streamline workflow with a strong focus on incorporating new technology and systems

Team and Partner Management

• Determine the right team structure and necessary professional skills to staff a full team 
• Develop and grow a Finance team and its roles over time, in line with the organization’s needs and evolving administrative priorities
• Operationalize, at an org-wide level, the findings from the business process assessment and and lead subsequent systems change and implementation and enhanced cross-communication and workflow
• Provide management to the Accounting/Finance team
• Oversee the financial operations, ensuring a best-in-class office and high-performing team
• Partner with external consultants, vendors and stakeholders to achieve results for the organization, including financial consultants, financial system vendors, investment accountants, tax accountants, legal counsel, and Board members

Key Qualifications

• 8-10 years of financial leadership, ideally as a Vice President of Finance or Chief Financial Officer, in financial planning and analysis and accounting, or other executive level finance role for a national, complex, nonprofit organization with an operating budget of $10 million or more; experience as a Controller is a plus
• Demonstrated experience with reengineering an accounting department and leading systems change, including strong project and change management skills and a proven ability to communicate with stakeholders and train staff on new systems
• Experience leading multi-year finance migrations for nonprofit organizations required
• Experience with bill.com, Sage Intacct Cloud-Based Accounting, Salesforce, ramp.com, and Concur Expense Management highly preferred
• Demonstrated knowledge of and experience with GAAP, IRS codes, Internal Controls, and financial reporting and analysis
• Advanced technical experience in ASC 606 revenue recognition standards, earned-revenue, grants/contract management, nonprofit accounting, modern financial reporting, and frameworks
• Demonstrated leadership ability, team management, and interpersonal skills; must be an innovative and empowering mentor who embraces ethical practices by providing accurate, responsive, detail-oriented financial results and goals, as well as a high level of personal integrity, good judgment, and emotional maturity
• Brings a collaborative, internal partnership, values-based approach, with a strong service mentality; a team player who is committed to continuous professional development for themselves and their staff
• A high level of change leadership is required with a flexible and adaptable style
• Demonstrated resourcefulness in setting priorities, proposing new ways of creating efficiencies, and guiding investment in people and systems
• Strong analytical skills and experience interpreting a strategic vision into an operational model through abstract reasoning and organizational skills; proven skills  in developing complex strategic business models and revenue streams
• Demonstrated success as an astute driver of strategy, including managing teams and peers through strategic pivots and changes, and interdependent systems and processes; ability to build and simultaneously manage up, down, and laterally to develop thriving teams of professionals at various levels of career toward executing finance strategies and procedures and achieving goals 
• Entrepreneurial, highly motivated, and creative thinker who takes pride in their work and goes above and beyond to ensure planned results with an excellent attention to detail and organization while overseeing several time-sensitive and concurrent projects 
• Strong communicator with an ability to build teams and meaningful relationships with diverse constituencies, including existing and prospective Board members, supporters and partners

Salary, Benefits & Location

The starting salary range for the Vice President of Finance role is $160,000-170,000, based on the qualifications and number of years of relevant experience the selected candidate brings. 

Centering Healthcare Institute offers a comprehensive benefits package which includes but is not limited to: health, dental and vision insurance, 14 paid holidays, 401(k) retirement plan with a 100% matched employee contribution of up to 6%, and flexible vacation time (unaccrued vacation time that full-time eligible staff can utilize after three months working with CHI), among many other health and wellness offerings.

The organization’s headquarters office is in Boston, MA and all of CHI’s team works remotely nationally. This role can be based anywhere in the continental U.S. and the person in this role will need to be able to travel nationally, approximately 20% of the calendar year, for staff retreats, trainings, conferences, and Board meetings, and in order to meet with clients and community partners.

Work is sedentary in nature and performed in a remote office environment and will involve frequent phone and email contact with stakeholders. 

Vaccination Requirements 

We are a healthcare consulting company committed to putting health and safety first for our staff, partners, constituents, and the larger communities in which we live and work. Staff who join Centering Healthcare Institute, will, as a condition of employment, be required to have received at least one dose of the COVID-19 vaccine prior to their start date with the Centering Healthcare Institute and be fully vaccinated (as that term may be defined by the CDC) within 30 days from that date, unless approved for an exemption.

Equal Opportunity Employer

Centering Healthcare Institute actively seeks to build a diverse staff that is reflective of the populations we aim to serve and the communities where we work. CHI encourages multiple perspectives and experiences and strives to hire and retain a diverse workforce. Our employees are passionate, curious, and eager for the challenge of changing healthcare.