New

CFO

Vaco
$185,000.00 - $215,000.00 / yr
United States, Connecticut, Groton
Dec 09, 2025
Position Overview Our client seeks an energetic senior finance leader to guide the organization's financial strategy and ensure the smooth functioning of its fiscal operations. This role oversees budgeting, accounting, grants administration, and revenue processes, and serves as the primary point of contact for financial institutions, external advisors, and insurance partners. Leadership & Department Oversight Provide direct leadership to the finance leadership team, set performance expectations and ensuring alignment with organizational policies and statutory requirements. Establish operating practices that support the organization's long-term financial goals, including evaluating emerging opportunities and risks across programs and business lines. Track economic and industry trends and assess their implications for the organization's strategic direction. Financial Strategy & Organizational Guidance Monitor financial strength and recommend adjustments to strengthen sustainability and performance. Evaluate the financial implications of operational decisions and present findings to senior leadership. Serve as the senior finance representative on the executive team and act as the principal liaison to the Board of Directors, including support for various committees. Maintain and improve departmental systems, tools, and workflows, ensuring all team members are proficient with the organization's accounting, billing, and grants-management platforms. Accounting, Reporting & Compliance Oversee the annual budgeting cycle, ensuring thorough, timely preparation of both operating and capital budgets. Lead the creation of accurate recurring financial reports needed for compliance, internal review, and strategic planning. Manage procedures related to procurement, purchasing, payables, and receivables. Ensure adherence to all state and federal audit standards; manage the production and submission of audited financials and cost reports. Direct the financial components of grant applications and ensure that all grants, contracts, and contributions are tracked, recorded, and utilized in accordance with donor and regulatory requirements. Provide oversight for Revenue Cycle Management (RCM), ensuring the optimization of reimbursement processes, the integration of new technologies, and the elimination of operational bottlenecks. Investments, Assets & Risk Management Work with financial custodians and advisors to monitor endowment performance and ensure compliance with investment policies, spending rules, loan covenants, and related agreements. Monitor leases, tax responsibilities, and required filings; validate that insurance coverage sufficiently protects the organization, its people, and its assets. Required Skills & Core Competencies Expertise in MS Office with advanced competency in Excel. Hands-on experience with enterprise-level accounting platforms, including purchasing modules. Experience with HR/payroll platforms (e.g., Paylocity) and clinical or practice management systems (e.g., Epic). Working knowledge of federal grant reporting systems and payment management requirements. Background & Experience Master's degree in Accounting or Business Administration, plus 10 years of related experience; or equivalent combination of education and experience. Substantial leadership experience in finance with progressive responsibility over the course of one's career. Prior experience in nonprofit organizations, healthcare, or federally qualified health centers is highly advantageous. Proven capability in managing compliance across finance, billing, grants, investments, and accounting functions. Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com . Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal. By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to: the individual's skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.