Chief Financial Officer

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Regular Brockton, MA, US

Salary Range: $200,000.00 To $250,000.00 Annually

Reports to: President and Chief

Proposed base salary: $200,000–$250,000 annually

About BAMSI

BAMSI has been bringing people and services together since 1975. We are a mission-driven, $100M+ nonprofit providing health and human services to individuals and communities across Massachusetts. We are strengthening our financial foundation and operating discipline to support reliable services and long-term sustainability.

The opportunity

The Chief Financial Officer will lead BAMSI’s financial strategy and finance operations, partnering closely with the CEO, executive team and Board of Directors. This role requires a leader who can work directly through complex financial detail, establish confidence in reporting and translate analysis into timely, measurable action.

The CFO will build financial resilience through disciplined cash management, sound controls, accurate reporting, effective revenue collection and program-level financial insight. Success requires constructive challenge, personal accountability and an understanding of how financial decisions affect employees and the people BAMSI serves.

Core responsibilities

Financial strategy and improvement

• Lead an actionable financial sustainability and growth plan with clear assumptions, priorities, accountable owners and measurable milestones.
• Partner with the CEO and operational leaders on budgets, rolling forecasts, scenario analysis, program economics, resource allocation and restructuring decisions.
• Evaluate cost improvement and growth proposals using validated financial models, operational feasibility and service-quality implications.

Accounting accuracy and internal controls

• Oversee the accuracy and timeliness of financial statements, general ledger, close process, balance-sheet reconciliations, accruals and management reporting under applicable GAAP.
• Establish review and sign-off standards; investigate discrepancies, correct root causes and ensure material issues are escalated promptly.
• Strengthen segregation of duties, approval authority, purchasing/vendor controls and documentation; track audit and control remediation to completion.

Liquidity and financial risk

• Maintain an actionable 13-week cash forecast and longer-range liquidity outlook with downside scenarios and early warning triggers.
• Manage banking relationships, credit facilities, debt compliance and treasury activities; oversee investment and reserve practices within board policy.
• Provide timely recommendations on cash preservation, working capital, capital spending and financial exposure.

Revenue contracts and reimbursement

• Oversee government contract and grant budgets, billing, revenue recognition, receivables and collections; strengthen accountability for unbilled revenue, denials and disputed amounts.
• Build reliable contract- and program-level reporting on funding, utilization, allowable costs and financial performance.
• Ensure applicable Massachusetts funding and reporting requirements are met, including Uniform Financial Statements and Independent Auditor’s Report requirements, and applicable DDS, DMH, MassHealth and other funder obligations.
• Audit compliance and board partnership
• Lead external financial audits, applicable federal Single Audit requirements under Uniform Guidance, Form 990 preparation and required financial filings with appropriate professional support.
• Serve as the principal financial resource to the board treasurer and relevant committees; present clear, accurate reports, recommendations and emerging risks.
• Maintain productive relationships with auditors, lenders, funders and advisors; uphold ethical financial stewardship and transparent escalation.

Finance team systems and operating partnership

• Lead and develop the Business Office/finance team across accounting, planning, revenue and other approved finance functions; establish clear accountabilities and performance expectations.
• Partner with HR and Payroll on workforce budgets, payroll-to-ledger reconciliation, agency/overtime cost visibility and internal controls.
• Partner with IT and operations to improve financial systems, data quality, reporting and automation with appropriate access and validation controls.
• Raise financial understanding across BAMSI and equip program leaders to act on their budgets and performance.

Required qualifications

• Bachelor’s degree in accounting, finance or a related discipline, or an equivalent combination of relevant education and substantial senior financial leadership experience.
• At least 10 years of progressively responsible finance/accounting experience, including substantial leadership of a complex finance function; demonstrated readiness to lead a $100M+ multi-program organization.
• Strong technical accounting, budgeting, forecasting, treasury, internal control and audit capability; ability to validate and explain financial data personally.
• Demonstrated financial improvement or transformation results with clear personal ownership, including implementation through teams and operating partners.
• Experience with government-funded services, nonprofit or healthcare financial complexity, or closely comparable regulated funding environments.
• Proven ability to develop teams, work constructively with operational leaders, communicate with a board and make ethical decisions under pressure.

Preferred qualifications

• CPA strongly preferred; MBA, master’s in accounting/finance or CMA is also valued. Credentials complement demonstrated technical competence and execution.
• Senior financial leadership in Massachusetts human services, behavioral health or disability services; experience with DDS, DMH, MassHealth and state contracting.
• Knowledge of nonprofit accounting, restricted funding, Massachusetts UFR reporting and applicable Uniform Guidance/Single Audit requirements.
• Experience restoring financial reporting reliability, improving revenue collection and implementing financial systems or reporting improvements.

How you lead

• You verify material facts, attend to detail and take responsibility for corrective action.
• You set priorities, deliver on commitments and make progress visible.
• You communicate clearly, challenge assumptions respectfully and escal…
• You build capable teams and balance financial sustainability with the quality and continuity of services.

Work environment and benefits

The role is based in Brockton and requires regular onsite engagement, participation in board and leadership meetings, and travel to BAMSI locations as needed. The approved onsite schedule will be stated before posting. BAMSI offers a comprehensive benefits package; specific eligibility and plan terms will be provided during the recruitment process.

BAMSI is an equal opportunity employer. We welcome applicants with varied backgrounds and experiences and provide reasonable accommodations throughout the recruitment process and employment.