The Chief Finance and Business Officer (CFBO) provides leadership and management in the finance, operations and strategic development functions. He or she serves as an integral member of our executive team. The CFBO is responsible for planning and leading our financial activities. This includes responsibility for financial and asset management, lease management, contractual analysis and negotiations, investment relationships, institutional financing and intellectual property. The CFBO is responsible for identifying new business opportunities - new markets, new partnerships, and new ways to reach existing markets, or new product or service offerings that will better meet the needs of our existing customers and further advance our mission. The CFBO is also responsible for our operational support systems, including facilities, meeting management and metrics tied to operational strategy. The CFBO contributes to the organization’s strategic planning process.
Plan, develop, organize, implement, direct and evaluate the organization’s fiscal and operational functions and performance.
Participate in the development of the organization’s strategic plans and programs.
Evaluate and advise on the impact of long-range planning, introduction of new programs/strategies and regulatory action.
Provide strategic financial input and leadership on issues affecting the organization.
Identify challenges and emerging issues facing our organization; work with the executive management team and staff to recognize internal and external opportunities and solutions, and define and execute appropriate strategies to support them.
Develop/maintain credibility for the finance group by ensuring timely and accurate analysis of budgets, financial reports and financial trends to assist the Board and other senior management members in performing their responsibilities.
Enhance and/or develop, implement and enforce policies and procedures of the organization by way of systems that will improve our overall operation and effectiveness.
Establish credibility throughout the organization and with the Board as an effective developer of solutions to business challenges.
Assure quality assurance practices and measures are implemented.
Advises the Executive Director on policy and activities and matters relating to the financial, operational and business development initiatives, staff and work.
Lead, develop, and recruit, as needed, a team to support the development and execution of our financial, operational and business strategy;
Promote a culture of high performance and continuous improvement that values learning and a commitment to quality;
Mentor and develop staff using a supportive and collaborative approach on a consistent basis;
Establish and monitor staff performance and development goals, coordinate efforts, set objectives, establish priorities, and conduct annual performance reviews.
Management and Oversight
Provide financial and operational management oversight, advice and knowledge to others within the financial and operational groups.
Evaluate the structure and team plan for continual improvement of the efficiency and effectiveness of the group, and provide individuals with professional and personal growth with emphasis on future opportunities (where possible).
Maintain a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
Serve as an advisor from the financial and operational perspective on business contracts.
Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position.
Provide leadership in the continuous evaluation of short- and long-term evaluation of financial objectives.
Ensure effective internal controls are in place and ensure compliance with generally accepted accounting principles (GAAP) and applicable federal, state, local regulatory laws, and rules for financial and tax reporting.
Provide timely and accurate analysis of budgets, financial reports and financial trends to assist the Board, Executive Director and senior executives in performing their responsibilities.
Enhance and/or develop fiscal policies and procedures for the organization by way of systems that will improve our overall operation and effectiveness.
Risk Management: assures that the organization has appropriate and cost effective insurance coverage. Assesses risks related to board policies and decisions, provides risk management guidance to the board and executive staff and seeks to mitigate risk through insurance coverage, crafting of policy, internal controls, and/or assistance of legal counsel.
Oversees the activities of the organization’s independent auditor’s actuaries and Form 990 and Form 5500 tax preparers. Ensures all audit, actuarial, tax, and retirement plan issues are resolved, that the organization complies with audit, tax and retirement requirements, and that annual financial statements are prepared in accordance with GAAP and applicable federal, state, local regulatory laws, and rules for financial and tax reporting
Provides oversight and review of all organization contracts for products and services.
Conduct research to identify new markets and customer needs.
Develop a strategy focused on financial stability and customer satisfaction.
Arrange business meetings with potential business partners and alliances.
Promote the organizations products and services.
Build long-term relationships with existing and new customers.
Support Services and Operations
Provides oversight to the corporate meeting planning function.
Provides oversight to the facilities management function, including facility improvement, construction and space improvement/maximization.
MBA or equivalent required
Demonstrate a commitment to service and continually exhibit a customer service culture.
Demonstrate dependability for own actions and their consequences, and for the performance of our functions and duties.
Demonstrate flexibility in rapidly changing conditions.
Proven ability to communicate clearly and concisely with a professional constituent base, both orally and in writing.
Excellent interpersonal and leadership skills, with a strong ability to effectively interface and collaborate with varied constituent groups, including staff, board members, volunteers, and external organizations.
Ability to think logically and analytically in a problem-solving environment.
Ability to prioritize, triage obligations and work concurrently on multiple tasks and projects
Ability to work as part of a team; able to work well in partnership with a variety of staff and other organizations.
Knowledge of Microsoft Dynamics SL and accounts payable PN3 beneficial.
Knowledge of SharePoint helpful.
Minimum of 10-15 years of progressively responsible experience in a management role which includes the executive oversight of finance, operations and/or business development.
Comprehensive knowledge of business principles and techniques of administration and management, including an understanding of the business issues that exist for a medical specialty certifying board.
Proficiency with Microsoft Office products and Adobe Acrobat.
Familiarity with healthcare, medical specialty certifying boards or non-profit organizations is a definite plus.
Ability to travel on occasion up to 10% with overnight stays.
Ability to lift up to 30 pounds maximum.
Ability to work on feet consistently for extended periods of time.
Ability to sit for extended periods of time.
About The American Board of Anesthesiology, Inc.
We are a medical specialty certifying board serving anesthesiologists. Since 1938, we have been administering certification exams and today we take an innovative approach to certification and continuous learning. We foster practice standards that instill confidence and trust that board-certified anesthesiologists have the knowledge and skills to provide high-quality patient care. We are dedicated to elevating expertise in an evolving profession. Our mission is to advance the highest standards of the practice of anesthesiology. We work together with physician anesthesiologists to ensure they provide the best care possible for every patient, every day.