Chief Financial Officer (CFO) in Boston

$175,000 - $185,000/Yr

New England College Of Optometry - Boston, MA

Full-time - Senior

Boston, MA

501-1,000 employees

Educational Services

About the position

The Chief Financial Officer (CFO) at the New England College of Optometry (NECO) is responsible for overseeing all financial operations, including financial planning, budgeting, risk management, and financial reporting. This role requires extensive experience in higher education finance and healthcare operations, ensuring that NECO's financial systems are accurate and compliant with legal standards. The CFO will lead a team and collaborate with various stakeholders to support the College's mission of preparing skilled optometrists.

Responsibilities

• Oversee all financial operations including financial planning and budgeting.
• Manage financial risks and ensure compliance with accounting guidelines.
• Prepare monthly internal financial reporting packages and manage the annual audit process.
• Develop and manage operational and capital budgets, including periodic forecasts and variance analysis.
• Supervise the Business Office, Financial Aid Office, and Grants and Contracts Accounting and Administration.
• Assess and monitor institutional risk and manage insurance agreements.
• Develop and maintain internal audit control systems.

Requirements

• BS or MS in Finance or Accounting, or MBA. CPA or equivalent advanced degree preferred.
• Minimum of 10 years of progressive financial leadership experience, with at least 5 years in a senior financial management role within higher education or nonprofit healthcare.
• Experience with financial systems and tools, specifically Jenzabar.
• Experience working with Board of Trustees, including presentations and report preparation.

Nice-to-haves

• Experience in a multi-facility healthcare environment.
• Strong analytical and problem-solving skills.

Benefits

• 3 plan options for BCBS medical coverage
• Mental Health and Wellness benefits
• BCBS Dental
• Discounted vision services
• 13 paid holidays and generous paid time off for sick, vacation, and personal days
• Employer-paid life insurance, and short-term and long-term disability
• Voluntary Insurance: life, critical illness, hospital indemnity, accident
• Voluntary Benefits: employee discounts and pet insurance
• 9% employer contribution to a 403(b) retirement plan after 1 year of service with no vesting schedule or match requirement
• Qualified Public Service Loan Forgiveness Employer