Chief Financial Officer

The Chief Financial Officer (CFO) is the senior executive responsible for managing the financial actions of Legacy Retirement Communities and Cherry Hill Company.  This position will collaborate with the ownership and operational leaders, as needed, to manage the company’s financial operations, forecasting, financial analysis, strategic planning and budgeting process.  The Chief Financial Officer will deliver high quality services in a manner consistent with the mission and values of the Legacy Retirement Communities and complies with applicable state and federal laws and regulations.

Essential Duties and Responsibilities:

• Manages and oversee the daily operations of the accounting function including month-end and year-end processes, accounts payables, accounts receivables, cash flow, general ledger, cash forecasting and variance analysis, ACH and debt activity.    
• Manages the forecasting, analysis and reconciliation for all organizations for the annual budgeting process.
• Applies financial models, evaluates forecasted numbers, and obtains explanation and justifications from operations leaders relating to significant increases and decreases from previous periods.  
• Conducts cost/benefit analysis for proposed spending.
• Monitors budget expenses throughout the year.  Monthly distributes reports and meets with Senior Leaders to discuss financial performance and ensure integrity of data.  Reconciles plan variances.  Alerts ownership regarding anticipated difficulties in meeting NOI targets.   
• Ensures policies and procedures relating to cash, accounting, collections, purchasing, budget and payroll are followed as a part of the GAAP.  Ensures all checks and balances are in place to eliminate any fraud and to ensure legal and regulatory compliance regarding all financial functions.  This includes tax planning and compliance with local, state and federal tax regulations.
• Leads annual strategic planning to develop and implement the financial strategy.  This includes long-term financial planning and forecasting, risk management and investment strategies.
• Responsible for the oversight of the property/casualty and worker’s compensation insurance programs for the companies.
• Oversight of the MRI Accounting program.
• Develops and manage the Cherry Hill Company office and accounting staff.  Provide assistance to the Office Managers at the Legacy Retirement Communities in regards to the accounting functions performed at the community level.  
• Manages and or provide resources for family/ownership requests for accounting/financial assistance.  
• Develops strong, strategic partnerships with external resources including banking, legal and others as needed.
• Performs other duties as assigned.
   

Qualifications:

• Bachelor’s degree in Business, Finance, Accounting or related field required.  Master’s degree or CPA preferred.
• Experience in Senior Living industry or healthcare strongly preferred.
• Minimum of ten years of supervisory experience in business/finance setting required.
• Experience in analyzing statistics, preparing budgets, policy development and planning required.
• Proficiency in financial/accounting software, word processing and Excel (spreadsheets) required.  
• Experience with systems, identifying efficiency and evidence of “tech savvy” aptitude.
• Solid GAAP and financial reporting skills required.
• Excellent written, verbal and presentation skills needed.
• High degree of interpersonal relations skills and capable of relating to a variety of people and personalities.  Considerable initiative, judgment and leadership skills needed.
• Strong organizational and time management skills needed.  Self-motivation required.
• Able to work flexible hours to meet the needs of the position.
• Able to think, act and intervene independently in both routine and emergency situations.
• Able to lift a maximum of 25 pounds and be able to stand, carry, stoop, walk, bend, crawl, reach, kneel, push, pull and twist using good body mechanics in completion of tasks.

Legacy Retirement Communities is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.