Vice President of Financial Operations
Residential Youth Care (RYC) is seeking an experienced and forward-thinking Vice President of Financial Operations to lead the financial aspects of the organization. This role is instrumental in ensuring effective financial management, accountability, and resource allocation, further supporting RYC's mission and long-term sustainability. The Vice President of Finance is responsible for building and ensuring sound internal financial operational and reporting processes and resource allocation using an entrepreneurial and growth mindset. The Vice President of Financial Operations at RYC will play a pivotal role in overseeing financial operations, ensuring accountability, and facilitating responsible resource allocation to support the organization's mission of transforming lives through holistic care and community collaboration. This is a newly created position to strategically set the organization up for success long-term, through adding organizational capacity that supports continued growth.
Reports to: Chief Executive Officer
Supervises: Patient Billing Lead/Revenue Cycle Lead (Contracted Role), Accounting Administrator, AP Specialist, Grants & Special Projects, and Administrative Support.
Key Roles & Responsibilities:
Job Type: Full Time, Exempt
Hours Per Week: 40
Pay Range: $110,000- $155,000 + DOE
Benefits: Health insurance, HRA, FSA, Health Insurance Waiver Monthly Stipend, Life insurance, free access to RYC's Fitness Center, 403 B Retirement plan 5% annual employer contribution, paid leave, and 8 paid holidays.
Application instructions:
Interested applicants, please submit your resume and letter of interest to hr@rycalaska.com to apply. The application process includes an initial application, short leadership assessment conversation with executive recruiter, virtual interview and an in person team interview including the CEO. Please note that candidates who are not from Ketchikan will be required to conduct an in-person site visit to visit the town and organization (expenses paid by RYC). We are committed to making good use of your time and are dedicated to timely hiring for this role. We understand this is a dual interview process as you are interviewing us as well.
Residential Youth Care (RYC) is seeking an experienced and forward-thinking Vice President of Financial Operations to lead the financial aspects of the organization. This role is instrumental in ensuring effective financial management, accountability, and resource allocation, further supporting RYC's mission and long-term sustainability. The Vice President of Finance is responsible for building and ensuring sound internal financial operational and reporting processes and resource allocation using an entrepreneurial and growth mindset. The Vice President of Financial Operations at RYC will play a pivotal role in overseeing financial operations, ensuring accountability, and facilitating responsible resource allocation to support the organization's mission of transforming lives through holistic care and community collaboration. This is a newly created position to strategically set the organization up for success long-term, through adding organizational capacity that supports continued growth.
Reports to: Chief Executive Officer
Supervises: Patient Billing Lead/Revenue Cycle Lead (Contracted Role), Accounting Administrator, AP Specialist, Grants & Special Projects, and Administrative Support.
Key Roles & Responsibilities:
- Financial Management: Oversee all financial operations, including budgeting, financial reporting, and cash flow management, to ensure financial stability and sustainability. This position will lead strategic use of systems, and intentional building capacity of financial management functions in the organization.
- Accounting and Reporting: Manage the accounting functions (payroll, accounts payable, accounts receivable, procurement), ensuring accurate and timely financial reporting, compliance with accounting standards, and effective internal controls. Develop internal reporting processes that add value in accurate reporting that aid in strategic business decisions. Through intentional efforts, build robustness and reliability of reporting systems.
- Resource Management: Strategically manage resources management, finding ways to effectively maximize resources at a strategic level, without focusing too myopically on inconsequential things (e.g. don’t cut our coffee budget). Vision and guide strategic use of resources; not from a scarcity mindset, but from the perspective of investing in and growing the organization. We do not align with the non-profit starvation cycle mindset, but are an organization that is entrepreneurial, growth-focused, and concentrated on doing what is right for clients, employees, and the community.
- Revenue Cycle Management: Supervise patient/client revenue cycle processes, including billing, collections, and accounts receivable, to optimize cash flow and revenue generation.
- Grants Management: Administer grant funding, from application to reporting, ensuring compliance with grant requirements and accurate financial tracking.
- Budget Development: Lead the development of the annual budget and collaborate with program leaders to align financial planning with organizational goals and priorities.
- Financial Analysis: Conduct financial analysis and forecasting, identifying trends and making recommendations to support informed decision-making by the leadership team and the board of directors.
- Audit and Compliance: Coordinate annual financial audits, ensuring compliance with relevant regulations and accounting standards.
- Team Leadership and Development: Lead and mentor a small team of dedicated professionals, fostering a collaborative and high-performing work environment. Set clear goals and objectives, provide feedback, and evaluate team performance to drive results.
- Bachelor’s degree in business, accounting, or a related field required; advanced degree preferred.
- Five years of experience in for-profit or non-profit financial management required, including strategic financial management.
- Relevant industry credential, such as CPA or CMA preferred.
- Commitment to RYC's mission and the well-being of youth and families in the community.
Job Type: Full Time, Exempt
Hours Per Week: 40
Pay Range: $110,000- $155,000 + DOE
Benefits: Health insurance, HRA, FSA, Health Insurance Waiver Monthly Stipend, Life insurance, free access to RYC's Fitness Center, 403 B Retirement plan 5% annual employer contribution, paid leave, and 8 paid holidays.
Application instructions:
Interested applicants, please submit your resume and letter of interest to hr@rycalaska.com to apply. The application process includes an initial application, short leadership assessment conversation with executive recruiter, virtual interview and an in person team interview including the CEO. Please note that candidates who are not from Ketchikan will be required to conduct an in-person site visit to visit the town and organization (expenses paid by RYC). We are committed to making good use of your time and are dedicated to timely hiring for this role. We understand this is a dual interview process as you are interviewing us as well.
