Chief Financial Officer in New York, New York at Lantern Community Services Inc

Accounting, Reporting, and Internal Control:

Financial operations. Direct all accounting operations, including general ledger, accounts payable, accounts receivable, payroll accounting, fixed assets, and month-end and year-end close.Financial reporting. Produce accurate and timely internal financial statements, program-level and site-level reporting, and variance analysis for management and the Board.GAAP compliance. Ensure all financial reporting conforms to U.S. GAAP as applicable to not-for-profit organizations, including net asset classification, contribution and grant revenue recognition, functional expense allocation, and lease accounting.Internal controls. Design, document, implement, and monitor a system of internal controls sufficient to safeguard assets, prevent and detect error and fraud, and satisfy funder and auditor expectations.Policy administration. Maintain and periodically update fiscal policies and procedures, including procurement, expense authorization, signature authority, and conflict-of-interest provisions.

Contract portfolio management. Oversee the financial administration of a diverse contract portfolio spanning federal, New York State, and New York City funders, including HUD Continuum of Care, DHS, HRA and HASA, ESSHI, and other program funding streams.Claiming and reimbursement. Direct the preparation and submission of contract vouchers, invoices, and claims. Ensure claiming practice reflects current agency standards — including reimbursement-basis requirements tied to expenses actually paid — and that supporting documentation withstands audit.Receivables and cash. Actively manage government receivables, aging, and collection escalation. Maintain constructive working relationships with agency fiscal contacts to resolve payment delays, invoicing structure issues, and contract registration bottlenecks.Cost allocation and indirect recovery. Own the organization’s cost allocation plan and indirect cost rate strategy, including negotiated rate applications and maximization of allowable indirect recovery across the portfolio.Budget modifications. Prepare and negotiate contract budgets, budget modifications, and renewal submissions in coordination with program leadership.Regulatory compliance. Ensure compliance with Uniform Guidance (2 CFR Part 200), federal certification and registration requirements, prevailing wage obligations, and applicable city and state fiscal manuals and directives.

Budgeting and Financial Planning

Annual budget. Lead development of the annual organizational operating budget in partnership with program, human resources, and administrative leadership, and present the recommended budget to the Executive Director and Board for approval.Forecasting. Maintain rolling forecasts and reforecast in response to census changes, contract awards, rate adjustments, and unanticipated expense.Departmental accountability. Provide program directors and department heads with the reporting, tools, and coaching needed to manage their budgets effectively.Position control. Partner with human resources on personnel budgeting, position control, and the financial modeling of compensation adjustments and benefit plan changes.

Treasury, Audit, and Risk

Cash management. Manage cash flow forecasting, operating reserves, banking relationships, lines of credit, and short-term borrowing needs arising from reimbursement timing.Audit. Serve as principal liaison to the independent auditors. Lead preparation for the annual financial statement audit and Single Audit, and ensure timely, clean completion with no material weaknesses.Regulatory filings. Oversee preparation and filing of the IRS Form 990, New York State CHAR500, and all other required fiscal and regulatory filings.Funder audits and monitoring. Manage agency fiscal monitoring visits, program audits, and corrective action responses.Insurance and risk. Coordinate with organizational leadership on insurance coverage, risk assessment, and financial exposure related to properties, programs, and employment practices.

Systems, Team, and Infrastructure

Financial systems. Own the financial systems environment and drive integration between accounting, payroll, and program data platforms to reduce manual effort and strengthen data integrity.Process improvement. Continuously improve close cycles, reporting timeliness, and reconciliation practices.Team leadership. Supervise, develop, and retain a high-performing finance team. Set clear expectations, build depth and cross-coverage, and create genuine professional growth pathways.Cross-functional collaboration. Work closely with human resources, information technology, facilities, procurement, and compliance colleagues to ensure administrative functions operate as an integrated whole.

Required Qualifications:

Bachelor’s degree in accounting, finance, business administration, or a closely related field.A minimum of ten years of progressively responsible financial management experience, including at least five years at a senior leadership level (CFO, Deputy CFO, Controller, or Vice President of Finance).Demonstrated experience leading finance for a nonprofit organization with an operating budget of $25 million or greater.Substantial experience with government contract finance, including reimbursement-based claiming, cost allocation, indirect cost rate negotiation, and contract budget administration.Working command of U.S. GAAP for not-for-profit entities and of Uniform Guidance and Single Audit requirements.Proven track record managing independent audits with clean results.Advanced proficiency with nonprofit accounting systems and strong Excel modeling capability.Demonstrated success supervising and developing finance staff.Excellent written and verbal communication skills, including the ability to make financial information accessible to non-financial audiences such as program leadership and Board members.

Preferred Qualifications

CPA and/or MBA.Direct experience in supportive housing, homeless services, behavioral health, or a related human services field.Familiarity with New York City and New York State human services contracting — including HUD CoC, DHS, HRA/HASA, ESSHI, and the applicable fiscal manuals and payment systems.Experience with capital projects, real estate financing, tax credit structures, or facility development.Experience leading financial systems implementation or major process redesign.Experience supporting an organization through a period of significant growth.