HARRIS RAND LUSK

Jewish Association Serving the Aged (JASA)

Chief Financial Officer

To Apply

JASA has retained the services of Harris Rand Lusk to conduct this search. Inquiries, nominations and applications may be directed in confidence to:

Anne McCarthy, Chief Operating Officer
Harris Rand Lusk
260 Madison Avenue, 15th Floor
New York, NY  10016

Email cover letter and resume to: amccarthy@harrisrand.com

Please include “JASA CFO” in the subject line of the email

The Jewish Association Serving the Aged (JASA), the premier “go-to” nonprofit organization serving the needs of New York City’s older adults, is seeking a dynamic, skilled, committed, and collaborative professional to join its leadership team as its next Chief Financial  Officer (CFO).

Background:
JASA, founded in 1968, is one of New York City’s largest agencies serving older adults with a mission to help seniors and disabled individuals remain at home and continue to participate in community life for as long as possible. JASA directly assists more than 40,000 New Yorkers each year with a wide range of social services, educational and recreational activities, supportive counseling, assistance with securing benefits and entitlements, health-related services, and transportation. JASA also provides home health aides, personal care assistance and nursing services; owns and manages subsidized housing for 2,880 low- to moderate-income and/or disabled adults; distributes over a million meals; and provides critical elder abuse prevention and adult protective services programs. JASA operates a $100+ million budget that funds programs in Queens, Manhattan, Brooklyn, and the Bronx and is a well-established institution and key service-provider for the city’s older adult community.

JASA aspires to be an inclusive organization where everyone feels that they are seen and heard. The organization is committed to diversity and equity as both principles of social justice and essential elements to delivering quality services in the communities JASA serves. JASA has completed the first phase of its DEI work, which focused on raising awareness and imparting concrete skills for the managers and directors who shape organizational culture.  The Board has committed additional resources to support continued work that will involve expanding the initiative to all staff and revamping agency policies and practices to foster diversity and mitigate bias. The people who work at JASA are mission driven and focused on giving a voice to and addressing the needs of a population that has both strengths and needs and can be a valuable dimension in building healthy communities.

JASA has a complex budget exceeding $100 million, with its revenue derived from multiple sources, including Medicare and Medicaid, government grants and contracts, and other restricted and nonrestricted funds. Because of the nature of its work and constraints of its funding, JASA must be absolutely certain that its accounting practices and financial management procedures are efficient and above reproach.  At the same time, the Finance team must communicate clearly and work collaboratively with the service delivery teams toward JASA’s common goal of achieving optimal impact in the communities where it works. Towards that end, JASA places the highest regard on having financial management executives who act with precision and integrity, ensuring that all parties are well- served and protected.

The Position:
JASA is seeking a smart, strategic, highly skilled, energetic and experienced financial executive who has proven leadership in significant management positions to become its new Chief Financial Officer (CFO).  Reporting directly to the CEO, the CFO will be responsible for all financial management activities, including budgeting and financial planning, and will provide counsel and advice to the executive staff and the Board on all fiscal matters.  The CFO will oversee and implement financial policies and plans for JASA and will provide overall management and direction for the accounting, budgeting, banking, grant review, purchasing,  payroll and tax reporting functions.   The CFO will also be able to think strategically about fiscal issues related to the changing environment faced by nonprofits in the housing, human services, and health care arenas.

The successful candidate must be able to work closely and collaboratively with the Chief Executive Officer and other members of the executive and senior management teams and be able to integrate smoothly into the senior management at JASA, fitting into the organization’s collaborative and inclusive culture.  They must be passionate about JASA’s work and be able to work with the Board and staff in a collegial, supportive and direct manner in a spirit of mutual trust and  with a minimum of ego.

They will be highly collaborative and have the ability to build cohesion and coordination among a diverse team working on a wide range of projects across multiple functions and locations, addressing and solving problems as they arise. The successful candidate will have strong interpersonal skills, excellent written and oral communication skills, a hands-on management style, an ability to listen and be inclusive of ideas.  In addition, they will be diplomatic, of the highest integrity, and possess sound judgment as well as a sense of humor.

Specific Responsibilities include:

General:

  • Oversees all finance and accounting functions
  • Represents JASA to financial institutions, regulatory and funding agencies and other social service and/or health care agencies.
  • Ensures timeliness, accuracy and usefulness of financial and management reporting for government funders, foundations, JASA management, and JASA’s  Board of Trustees.
  • Serves as a member of the Executive Team and participates as appropriate in developing the agency’s strategic plan, in setting policy and monitoring performance.
  • Assures that the Finance Department is supervised, trained and motivated to maintain the highest levels of teamwork and partnership with other functions and departments within the agency.
  • Supervises and directs centralized purchasing department for JASA divisions

Compliance:

  • Coordinates, prepares and oversees all fiscal audits and implements audit recommendations; insures that JASA is in full compliance with all municipal, state and federal legal and regulatory financial requirements. Ensures proper filing of tax returns.
  • Performs risk assessment and protection, and communicates risk information to the Board of Trustees, the CEO and executive leadership team.
  • Budgeting, Cost Reporting and Financial Analysis:
  • Develops strategies for, communicates about, and oversees development of all initial and ongoing operating budgets.
  • Develops and maintains capital budget.
  • Oversees cash flow planning and ensures availability of funds as needed.
  • Works with members of executive leadership team to ensure maximum participation by program staff in the budget development and implementation process. Monitors organization performance against budget and recommends required actions to control spending.
  • Creates financial models and forecasts; provides clear and complete communications to support or explain financial data.
  • Ensures the accuracy and reliability of all financial data; assures all financial transactions and reporting systems are supported by consistent and ongoing user training and are audited periodically for use and integrity.
  • Assesses and reviews staffing, organization, and practices of the Finance team to ensure accurate and efficient operations.

Board Relations:

  • Serves as principal staff liaison to the Finance Committee, Audit and Compliance Committee, and Investment Committee of the Board, assisting in defining the agendas and providing appropriate reports and analyses.
  • Reports and interprets financial information to the Board and the Committees; serves as a resource for interpreting Board-level requirements as mandated by the federal government.

Qualifications:

  • Bachelor’s degree in finance, accounting or related field required; advanced degree in a related field, MBA and/or CPA preferred.
  • Minimum of 10 years related experience in a large, complex organization, preferably in a nonprofit human services or healthcare agency or a related field.
  • Demonstrated leadership ability, team management and interpersonal skills.
  • Knowledge of generally accepted accounting practices and principles as relevant to nonprofit entities.
  • Knowledge of internal control systems used for general accounting principles and specialized nonprofit industry accounting practices and procedures.
  • Deep commitment to diversity, equity, inclusion, and belonging.
  • Collaborative working style with demonstrated ability to work with colleagues to balance program and administrative concerns and perspectives in fashioning solutions.
  • Expertise in publicly funded health care and human services programs.
  • Acumen in maintaining accurate financial records and preparing clear and accurate reports for informational, auditing and operational use.
  • A high degree of emotional intelligence and the ability to interact effectively with the senior management team, Board members, program staff, and external stakeholders including funders.
  • Creativity and flexibility.
  • Ability to read, analyze, interpret and explain complex financial data.
  • Ability to work independently, prioritizing workflow to meet critical deadlines and paying exceptionally close attention to detail.
  • Excellent written and oral communication skills.
  • Commitment to the mission and goals of JASA and a demonstrated commitment to public service.

Salary will be commensurate with experience.  For more information about JASA, please visit www.jasa.org

All positions at JASA are filled without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity or expression, disability, HIV/AIDS status, veteran status or any other characteristic protected by law.  All are encouraged to apply.

122 East 42nd Street, Suite 3605, New York, NY 10168