DIRECTOR OF STRATEGIC FINANCE
Company: Colorado Consumer Health Initiative
Location: Denver
Posted on: October 19, 2024
Job Description:
Position: Director of Strategic FinanceAbout CCHI: The Colorado
Consumer Health Initiative (CCHI) is a nonprofit, non-partisan,
membership-based organization working to advance the consumer voice
to improve access to health care for all Coloradans by working
statewide for progress toward equity, affordability, and quality.
CCHI is actively working to break down barriers in accessing health
care through innovating in public policy, building inclusive
coalitions and partnerships, and engaging community members in our
work. We work through a three-pronged approach that advocates for
policy change. Our policy, strategic engagement, and consumer
assistance teams work together to find relief for Coloradans whose
access to healthcare and financial security are compromised by
affordability, poor benefits, and unfair business practices of the
healthcare Industry.Work environment: CCHI is a Colorado based
organization that works to represent Coloradans across the state.
Employees must reside in Colorado. Required in-office time is used
primarily for team meetings and formal and informal collaboration,
with compensated parking.Position SummaryCCHI is seeking a dynamic
and creative Director of Strategic Finance to lead and oversee the
organization's financial strategy and operations. This senior
leadership role is critical in ensuring the financial health and
sustainability of CCHI as we expand our advocacy and service
programs. The Director of Strategic Finance reports directly to the
Executive Director and is responsible for financial planning,
budgeting, reporting, treasury, and risk management, as well as
aligning financial strategies with CCHI's mission and goals. The
Director will work directly with the Executive Director and in
communication with the Board of Directors and accounting firm as
needed in areas of governance, finance, and development.
Additionally, the Director will incorporate equity goals and values
into strategic financial decisions and planning to ensure resources
are allocated in a manner that promotes internal equity, health
equity, and addresses disparities. The Director will oversee the
Development Coordinator to create fundraising and revenue
generating strategies with the Executive Director. The Director is
a part of the Senior Leadership team, and will be responsible for
leadership and oversight of overall mission and vision. -Primary
Responsibilities: -Strategic Leadership
- Creative/Strategic Decision-Making: Utilize innovative and
strategic decision-making approaches to solve complex financial
challenges, ensuring that creative solutions align with CCHI's
mission and equity goals.
- Shared Decision-Making: Foster a culture of shared
decision-making, engaging staff and stakeholders in financial
planning and decisions to ensure diverse perspectives are
considered and equity is prioritized.
- Team Leadership: Manage and mentor staff involved in financial
decisions, fostering a culture of accountability, continuous
improvement, and commitment to equity. Providing operational
oversight to support CCHI team members and work collaboratively to
achieve overall mission. -Financial Strategy & Equity
- Financial Strategy and Planning: Develop and implement
financial strategies that support the organization's mission and
strategic goals, with a strong focus on promoting equity and
addressing health disparities.
- Budgeting and Forecasting: Lead the annual budget process,
including preparation of detailed budgets and financial forecasts
that prioritize equitable resource allocation both externally and
internally. Includes overseeing distinct project, grant, and
department budgets.
- Internal Equity in Budgeting/Accounting: Ensure internal
financial practices promote equity, including fair and transparent
budgeting processes, equitable salary structures, and inclusive
financial policies that support all employees.
- Equity Lens in Finance/Accounting: Apply an external equity
lens to all finance and accounting practices, ensuring that
financial decisions, processes, and policies are inclusive and
equitable. Includes regular assessments to identify and address any
disparities in financial operations.
- Equity in Investments/Vendor Selection: Develop and implement
policies for equitable investment strategies and vendor selection
processes, prioritizing partnerships with minority-owned,
women-owned, and other underrepresented business enterprises.
-Financial Management & Operations
- Financial Reporting: Prepare - with support from Accounting
Firm - and present accurate and timely financial statements,
reports, and analyses to the Executive Director, Board of
Directors, Finance and Audit Committee of the board, funders, and
other key stakeholders as needed, highlighting progress toward
equity goals.
- Risk Management: Identify and manage financial risks, ensuring
compliance with all regulatory requirements and organizational
policies, while considering the impact on vulnerable
populations
- Funding and Resource Allocation: Oversee the allocation of
resources to ensure financial efficiency and effectiveness,
prioritizing initiatives that advance health equity. Work as part
of the development team to support grant applications and donor
relations that focus on equitable funding opportunities.
- Operational Efficiency: Implement best practices in financial
management and operations to enhance the organization's financial
health, ensuring equity considerations are integrated into
operational decisionsQualificationsEducation
- Bachelor's degree in Finance, Accounting, Economics, Business
Administration, Public Administration, or a related field; Master's
degree or CPA preferredExperience
- Minimum 5-7 years experience in financial management,
preferably in nonprofit sector
- Proven ability to develop and implement financial strategies
that align with organizational goals, and advance equity and
inclusion
- Demonstrated experience in applying an equity lens to financial
decision making and resource allocationSkills & Competencies
- Expertise in creating financial models and analyses
- Strong analytical skills to interpret, assess, and report on
financial data
- Proven ability to manage budgets, financial reporting, and risk
management
- Knowledge of accounting principles, practices, and
compliance
- Strong strategic thinking and analytical skills
- Familiarity with nonprofit financial management
- Effective at managing and mentoring teams, with a focus on
fostering an inclusive and equitable workplace culture
- Ability to work with other departments in integrating equity
considerations into financial planning and decision-making
- Desire to present financial information with an emphasis on
transparency and the impact on equity, particularly to diverse
employees, board members, donors, and stakeholders
- Commitment to advancing equity, diversity, and inclusion in
financial practices
- Commitment to honoring different cultural and lived
perspectives and experiences
- Commitment to inclusive problem-solving and shared
decision-makingCompensation and Benefits: - -Salary: $85,000, with
an additional $3,500 annually for Spanish language fluency. -Full
time with benefits including: -
- Health, life, disability, vision and dental insurance coverage
for employees, partners, and dependents
- Retirement savings plan with 3% employer match
- Generous paid leave policies including ability to accrue 2
weeks of sick time and 3 weeks of paid vacation
- Generous sabbatical benefits: upon 3 years of service, 4 weeks
sabbatical; 5 years of service, 6 weeks sabbatical; 7 years of
service, 8 weeks sabbatical; every 3 years thereafter 8 weeks
sabbatical
- $75 cell phone stipend
- $2000 Professional development stipend
- RTD Eco pass
- Resources and opportunities as well as hybrid/work from home
options available (with some in office days expected)
- Work life balanceIn order to counter pay inequality and uphold
internal parity, salaries are non-negotiable for new and current
employees. Starting salaries are always listed clearly in job
descriptions. -Why our salaries are non-negotiable: Requiring new
staff to negotiate in order to receive a fair salary often results
in pay inequity, especially for women and people of color, and we
do not want to compound that inequity as part of our compensation
structure. Employees have the opportunity to progress through
current salary bands through annual cost of living increases and
higher level responsibility increases, and into new salary bands
through promotions.Other Considerations: Expectations for this
position include operating a computer, in-person conversations with
organizational partners and members of the community, and spending
time on the phone and/or video calls for internal and external
communication. This position may also require working some nights
and weekends as well as traveling for conferences, events and
meetings.The Colorado Consumer Health Initiative is strongly
committed to building a work environment that recognizes, respects,
and encourages the unique contributions of a broad spectrum of
qualified employees. We strive to make employment decisions that
support inclusion and to maintain a work atmosphere that is
equitable and promotes work-life practices that allow people of
diverse backgrounds and lifestyles to grow personally and
professionally.CCHI is an equal employment opportunity employer.
CCHI does not discriminate against employees or job applicants on
the basis of race, color, religion, creed, national origin,
ancestry, sex, pregnancy, age, gender, gender identity, gender
expression, ancestry, marital status, sexual orientation (incl.
transgender status), physical or mental disability, military
status, genetic information, marriage to a co-worker and
retaliation for engaging in protected activity (opposing a
discriminatory practice or participating in an employment
discrimination proceeding or any other status or condition
protected by applicable federal, state or local law).
Keywords: Colorado Consumer Health Initiative, Greeley , DIRECTOR OF STRATEGIC FINANCE, Accounting, Auditing , Denver, Colorado
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