Treasurer

Reporting to the Chief Financial Officer, the Treasurer is responsible for the organization’s liquidity, cash management, debt servicing, investments, billing, and financial risk management. This role works closely with Accounting, Finance, and other Senior Leaders to ensure the organization is in a strong cash position, maintain ongoing positive financial standing with banks & other financial institutions, and ensure timely collections on all receivables.

• Oversees the organization’s daily cash positioning across all operating, reserve, and investment accounts.
• Advises the Board of Directors, Chief Financial Officer, Chief Executive Officer, and other Executive leaders of the organization on cash flow, liquidity, and financing matters.
• Informs strategic plans based on financial analysis and risk. Assists in setting the direction of planning.
• Maintains a rolling cash flow forecast to safeguard the organization’s financial positioning.
• Continuously monitors cash reserves and liquidity ratios to ensure adequacy of working capital.
• Manages the organization’s debt portfolio and leads the financing strategy in line with the capital expenditure plan.
• Makes recommendations for the optimization of Vinfen’s working capital, reserves, and investment.
• Acts as the organization’s primary liaison with banks and other financial institutions.
• Ensures compliance with debt covenants, banking regulations, internal policies, and related requirements.
• Directs the evaluation, structuring, negotiation, and execution of new lines of credit, loans, and other financial instruments.
• Participates in the development, review, and ongoing oversight of the organization’s annual operating and capital budgets.
• Oversees risk management activities related to financial activities and recommend new policies and procedures as necessary.
• Maximizes the organization’s collections through billing and collections management and work closely with the Accounting team on accounts receivable status.
• Manages the organization’s Retirement Committee and ensures regulatory and fiduciary compliance.
• Chairs additional committees and/or councils as appropriate.
• Performs other related duties as assigned.

• Strong understanding and commitment to the organization’s mission, goals, and objectives
• Ability to communicate clearly with all levels of the organization, to both financial and non-financial employees
• Knowledge of non-profit accounting and reporting principles required
• Strong knowledge of cash management, investments, and debt instruments
• Prior experience in health and human services, including third-party billing and collections strongly preferred

Established in 1977, Vinfen is a nonprofit, health and human services organization and a leading provider of community-based services to individuals with mental health conditions, intellectual and developmental disabilities, brain injuries, and behavioral health challenges. Our services and advocacy promote the recovery, resiliency, habilitation, and self-determination of the people we serve. Vinfen's 3,500 dedicated employees are experienced, highly-trained professionals who provide a full range of supportive living, health, educational, and clinical services in over 550 sites throughout Massachusetts and Connecticut.

For more information about Vinfen, please visit (Use the "Apply for this Job" box below)..

My Job. My Community. My Vinfen.

Vinfen is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.

Minimum of five to seven years’ of progressive treasury, accounting, and financial management experience within leadership roles. Strength in financial management systems and the ability to execute complex financial modeling.

Bachelor’s degree in Finance, Accounting, Business Administration, or related field required;
Master’s degree strongly preferred.

Driving is not required.

• Ability to lift at least 25 pounds using proper lifting techniques.
• Ability to operate a computer and other office equipment such as a calculator, copier, and printer.
• Ability to remain in a stationary position 50% of the time as needed.
• Ability to bend, reach, file, sit, stand and move around the facility.
• Ability to speak, hear and communicate with clients, staff and external representatives.
• Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

USD $ - USD $ /Yr.