The Delaware Valley Trusts (DVT) located in Horsham, Pennsylvania seeks a Chief Financial Officer (CFO).
The Delaware Valley Trusts are member-owned, not-for-profit risk sharing pools that include the Delaware Valley Property & Liability Trust (DVPLT), the Delaware Valley Workers’ Compensation Trust (DVWCT) and the Delaware Valley Health Trust (DVHT) each of which is a member of the Delaware Valley Municipal Management Association. The Delaware Valley Trusts serve only public entities and offer its members long-term financial stability through stable rates and a wide array of value-added benefits and economic incentives including cash dividends, rate stabilization funds, multi-trust discounts and grant funding to make quality coverage even more affordable.
The Property & Liability Trust was formed in 1989 with 18 charter members. The Workers’ Compensation Trust was established soon after, in 1992. In 1999, as member municipalities experienced the volatility of health insurance rates, the Health Trust was formed and today provides health coverage to over 160 public entities and 24,000 enrollees and their covered dependents.
Appointed by and reporting to the Executive Director, the CFO is responsible for developing, monitoring, and evaluating the overall financial strategy, financial planning, and operating performance of the organization. The CFO oversees and manages procurement, accounting, accounts payable and receivable and budget, which includes financial forecasting and analysis. The CFO also works in collaboration with the Executive Director to develop and maintain an environment of continuous quality improvement that enhances workflows and service delivery. The annual operating budget for the Trusts is approximately $250 million with an investment portfolio of approximately the same amount. The CFO oversees a team of three employees. The Trusts employ a total team of 40.
Located in the suburbs of Philadelphia, Horsham has much to offer; from nature, culture, restaurants, and entertainment to top notch hospitals, colleges, and universities. The region also offers convenient access to the rest of the east coast and all its attractions.
More about the Delaware Valley Trusts: www.dvtrusts.com.
The following education, experience, leadership, and management criteria have been identified as important skills and abilities for candidates to possess and demonstrate:
- Bachelor’s degree in finance, accounting, or similar field (required).
- Master of Business Administration and/or Certified Public Accountant or Certified Management Accountant (preferred) with ten years of experience in progressively senior roles in accounting or finance; and
- At least five years of experience in a leadership role; and
- Prior experience in a local government setting and/or insurance setting would be a plus; or
- Equivalent combination of education, experience and/or training which provides the knowledge, skills, and abilities necessary to perform the essential functions of the position and required work.
- Broad knowledge of finance, accounting, budgeting, and cost control principles including generally accepted accounting principles.
- General experience and an in-depth knowledge of data analysis, forecasting methods, accrual accounting, billing operations, reimbursement, financial control systems, information technology, and billing compliance.
- Strong financial acumen with an appropriate tolerance for risk, and the ability to maintain the Trust’s balanced fiscal approach while providing valuable service to its members. Understanding and strong evaluation skills of both insurance accounting functions and budgetary activities are a plus.
- Exceptional interpersonal, communication, organizational, analytical, complex problem solving and multi-tasking skills.
- Strong leadership skills in developing and executing a department vision that correlates with the broader organization mission and vision by empowering and equipping department staff with adequate resources.
- Ability to embrace continuous quality improvement methodologies and programs for strategies to enhance efficiency, effectiveness, and competence of department.
- Proven ability to manage large-scale projects and oversee long-term goals of an organization.
- Strong computer skills with advanced Microsoft Excel experience.
The expected starting salary for the position is $165,000 to $190,000 DOQ with excellent benefits. Submit resume, cover letter, and contact information with five professional references by September 29, 2023 online to Charlene R. Stevens, Executive Vice President for Recruitment Services, GovHR USA, LLC – www.GovHRjobs.com. Questions regarding the recruitment may be directed to Charlene Stevens, Executive Vice President for Recruitment Services GovHR USA at 847-380-3240 ext. 124. Delaware Valley Trusts is an Equal Opportunity Employer.