Finance Director
Name: Siloam Health
State: TN
City: Nashville
AREA: Urban
Number of Locations: 2
MODEL: Free and Charitable
Year Founded: 1991
Overview
We serve the city’s uninsured and underserved. Our patients come from more than 80 countries and speak over 70 languages. Our mission is "to share the love of Christ by serving those in need through health care." Our community health efforts expand our mission beyond the four walls of the clinic, empowering immigrants from all over the world who now call Nashville home. Our education initiatives are changing the face of health care by training medical students across a variety of specialties in the art of culturally-sensitive, whole-person care.
Mission & Passions
Siloam Health’s mission is to share the love of Christ by serving those in need through health care. Our patients come from more than 80 countries and speak over 50 languages. Siloam’s approach to medical care provides a unique, interdisciplinary model of whole-person health care that addresses the physical, social, emotional, and spiritual determinants of health. Our staff is anchored by a multicultural primary care team that serves alongside roughly 300 volunteer interpreters, doctors, nurses, and other licensed medical specialists each year to provide comprehensive health care to Nashville’s most vulnerable.
Job Info
Job Title: Finance Director
Job Description
The primary objective of the Finance Director is to promote Siloam Health’s fiscal integrity and sustainability through sound day-to-day financial management and guidance to the Senior Leadership Team. This person manages all financial records and reports needed to ensure fiscal responsibility. The Finance Director works with the Chief Operating Officer to help ensure that long-term strategic goals are met, but is flexible enough, because of the size of the organization, to regularly perform basic accounting tasks.
Financial Accounting and Reporting
Develop and maintain timely and accurate financial statements and reports in accordance with generally accepted accounting principles (GAAP) and ECFA requirements
Develop, implement, and ensure on-going compliance with internal financial and accounting controls and procedures
Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit card usage, and petty cash
Oversee reconciliation of bank statements, preparation of invoices, coding and filing of financial information, processing of accounts payable and cash receipts, and the administering of petty cash
Work with external payroll processing company to administer payroll
Lead the auditor selection process when necessary and prepare all supporting information for the annual audit and annual Form 990
Prepare annual Charitable Solicitations returns
Prepare financial reports for the President/CEO, Board Treasurer, and Finance Committee Chair as needed for Board meetings
Supports the CEO in leading the Finance Committee of the Board.
Participate in on-going quality improvement (QI) activities within the roles defined above
Budget Preparation
Establish guidelines for budgeting and forecasting
Lead the annual budget in consultation with the senior leadership team and department managers and facilitate its review by Board committees
Assist Development Department in writing and managing budgets for grant applications and designated funds
Management
Evaluate the financial impact of all new initiatives with thorough analysis and reporting
Monitor and report on the ongoing fiscal health of the agency and make recommendations for improvement when needed
Manage cash reserves in coordination with CEO and Finance Committee recommendations
Work with the COO to assess organizational risk management including:
Identify and evaluate risks to Siloam’s people (board, patients, staff, management, volunteers), property, finances, goodwill, and image and implement measures to manage risks
Ensure that the Board of Directors and Siloam carries appropriate and adequate insurance coverage
Ensure that the Board and staff understand the terms, conditions, and limitations of the insurance coverage
Directly supervises the work of the staff Accountant in accounts payable, accounts receivable, monthly reconciliations and reporting, and various other accounting tasks
Assist the CEO in occasionally representing Siloam to outside organizations and consortiums
Assist with State/Federal Grants and Contracts, oversee the preparation of formal agreements/documents, and maintain records and disbursements. Secure appropriate financial authorization and signature.Facilitate group-based cognitive-behavioral and psycho-educational interventions.
Qualifications, Skills, Education
We value having an experienced team to provide administrative support for both clinics, as we work together towards the Siloam Health Vision: Our neighbors from all nations are empowered to lead physically, emotionally, and spiritually healthy lives and to feel at home in our community.
Education and Experience
Bachelor’s Degree in Accounting or Finance and 3+ years related experience
CPA is preferred
Qualifications
Passionate about Christian ministry to the underserved and in full agreement with Siloam’s mission and core values
Experience and commitment to serving and working alongside a culturally diverse team
Adherence to OSHA and confidentiality requirements
Strong background in accounting and knowledge of GAAP
Knowledge of MS Office including Word, Excel, and Outlook
Strong knowledge of QuickBooks including using classes and budgets
Ability to analyze and articulate trends in financial and clinic metrics
Benefits
Siloam Health is committed to caring for staff in the same excellent manner as we care for patients by providing the following benefits to our full-time staff:
100% Employer-paid medical and dental insurance
100% Employer-paid life and disability
Simple IRA with employer match up to 3%
HSA with up to $1,300 match by employer or FSA
Low-cost vision insurance
3 weeks of PTO in the first year
10 Paid Holidays
Flexible schedule
Limited weekends
Consistent schedule
Diverse team and patient population
Mission leave
Extended Illness Benefit