Kendal System Careers
Overview
Kendal at Lexington is a not-for-profit Life Plan Community nestled in the Shenandoah Valley of Virginia. As an affiliate of The Kendal Corporation, Kendal at Lexington shares in the mission of fostering a community based on Quaker values of respect, inclusion and service while maintaining operational excellence and long-term financial sustainability. Our community offers independent living, assisted living and skilled nursing services with a focus on supporting older adults in leading engaged and meaningful lives.
Position Summary
The Chief Financial Officer (CFO) provides executive leadership for all financial operations of Kendal at Lexington. Reporting directly to the Chief Executive Officer (CEO), the CFO serves as a strategic partner to the leadership team and the Board of Directors, ensuring the organization's financial integrity, sustainability and compliance with all applicable regulations.
The CFO oversees accounting, budgeting, forecasting, capital structure, investments, payroll and financial reporting functions, while also providing guidance to department leaders and fostering a culture of transparency, accountability and collaboration.
Key Responsibilities Leadership & Strategy
Serve as a key advisor to the CEO, leadership team and Board of Directors, providing financial insight to support decision-making and long-term sustainability
Embrace and foster Kendal at Lexington’s mission and values while supporting the financial health of the organization
Participate actively in Board Strategic Planning Committee and Finance Committee meetings, presenting clear and accurate financial information
Maintain a close working relationship with the Chair of the Finance Committee to determine agenda items, review policies and address emerging financial matters
Participate in and represent Kendal at Lexington in Kendal CFO peer group meetings, investor calls and with external partners
Lead, mentor and develop finance department staff to ensure high performance and professional growth
Directly oversee the finance team including Controller, Payroll Coordinator and Accounting Assistant
Financial Operations
Direct all accounting, billing, accounts payable, payroll and reporting, treasury activities
Prepare and distribute accurate monthly, quarterly and annual financial statements, including analyses and variance reports
Manage the annual budget process, lead the preparation of the capital and annual budgets and develop long-range financial forecasts and projections
Head internal controls and maintain compliance with GAAP, bond covenants and regulatory requirements
Manage banking relationships, cash flow and investments in line with organizational policies
Coordinate annual financial audits and act as liaison with auditors and rating agencies
Ensure timely preparation and filing of IRS Form 990, filing Medicare and Medicaid cost reports
Compliance & Risk Management
Ensure compliance with Medicare, Medicaid, tax filings and regulatory requirements
Oversee insurance program, vendor/employee compliance screenings and financial screening of potential residents
Maintain accurate corporate records and ensure required filings with state and federal agencies
Monitor and implement best practices for financial risk mitigation
Communication & Collaboration
Support department leaders with budget and financial analysis to align operations with strategic goals
Communicate financial performance and projections to residents and other constituents as appropriate, including annual financial presentations
Cultivate relationships with external partners including banks, investors, auditors, insurers, investment advisors and regulatory bodies
Serve as primary point of contact for Chief Investment Officer
Qualifications
Bachelors degree in Accounting, Finance or related field required
CPA, MBA or other advanced credentials strongly preferred
Minimum of 5 years of progressive financial leadership experience within healthcare, nonprofit or senior living sectors preferred
Proficiency in financial management systems (e.g., Sage / Intacct) and Microsoft Office Suite required
Demonstrated success in strategic financial management, budgeting and audit processes
Familiarity with healthcare reimbursement, tax-exempt bond financing and investment oversight preferred
Working Conditions
Full-time exempt on-site leadership position at Kendal at Lexington based in Lexington, Virginia
Primarily office-based with regular participation in resident, board and committee meetings
Occasional travel for Kendal gatherings, professional conferences or regulatory meetings
Compensation & Benefits
Attractive salary commensurate with experience
Health, Dental, Vision and Supplemental Insurance Plans
403(b) Retirement Plan with Employer Matching & Contributions
Paid Time Off, Paid Holidays & Floating Holidays
Discounted Employee Meals
Referral Bonus
Continuing Education & Professional Development Reimbursement
Use of Onsite Wellness Facilities Including Fitness Center & Indoor Pool
Required Experience
Chief
Key Skills Loan Processing, Fiscal Management, Accounting Software, Financial Services, Financial Concepts, Financial Report Writing, QuickBooks, Accounting, Agriculture, Financial Analysis, Budgeting, Financial Management
Employment Type: Full-Time
Experience: years
Vacancy: 1
#J-18808-Ljbffr
Position Summary
The Chief Financial Officer (CFO) provides executive leadership for all financial operations of Kendal at Lexington. Reporting directly to the Chief Executive Officer (CEO), the CFO serves as a strategic partner to the leadership team and the Board of Directors, ensuring the organization's financial integrity, sustainability and compliance with all applicable regulations.
The CFO oversees accounting, budgeting, forecasting, capital structure, investments, payroll and financial reporting functions, while also providing guidance to department leaders and fostering a culture of transparency, accountability and collaboration.
Key Responsibilities Leadership & Strategy
Serve as a key advisor to the CEO, leadership team and Board of Directors, providing financial insight to support decision-making and long-term sustainability
Embrace and foster Kendal at Lexington’s mission and values while supporting the financial health of the organization
Participate actively in Board Strategic Planning Committee and Finance Committee meetings, presenting clear and accurate financial information
Maintain a close working relationship with the Chair of the Finance Committee to determine agenda items, review policies and address emerging financial matters
Participate in and represent Kendal at Lexington in Kendal CFO peer group meetings, investor calls and with external partners
Lead, mentor and develop finance department staff to ensure high performance and professional growth
Directly oversee the finance team including Controller, Payroll Coordinator and Accounting Assistant
Financial Operations
Direct all accounting, billing, accounts payable, payroll and reporting, treasury activities
Prepare and distribute accurate monthly, quarterly and annual financial statements, including analyses and variance reports
Manage the annual budget process, lead the preparation of the capital and annual budgets and develop long-range financial forecasts and projections
Head internal controls and maintain compliance with GAAP, bond covenants and regulatory requirements
Manage banking relationships, cash flow and investments in line with organizational policies
Coordinate annual financial audits and act as liaison with auditors and rating agencies
Ensure timely preparation and filing of IRS Form 990, filing Medicare and Medicaid cost reports
Compliance & Risk Management
Ensure compliance with Medicare, Medicaid, tax filings and regulatory requirements
Oversee insurance program, vendor/employee compliance screenings and financial screening of potential residents
Maintain accurate corporate records and ensure required filings with state and federal agencies
Monitor and implement best practices for financial risk mitigation
Communication & Collaboration
Support department leaders with budget and financial analysis to align operations with strategic goals
Communicate financial performance and projections to residents and other constituents as appropriate, including annual financial presentations
Cultivate relationships with external partners including banks, investors, auditors, insurers, investment advisors and regulatory bodies
Serve as primary point of contact for Chief Investment Officer
Qualifications
Bachelors degree in Accounting, Finance or related field required
CPA, MBA or other advanced credentials strongly preferred
Minimum of 5 years of progressive financial leadership experience within healthcare, nonprofit or senior living sectors preferred
Proficiency in financial management systems (e.g., Sage / Intacct) and Microsoft Office Suite required
Demonstrated success in strategic financial management, budgeting and audit processes
Familiarity with healthcare reimbursement, tax-exempt bond financing and investment oversight preferred
Working Conditions
Full-time exempt on-site leadership position at Kendal at Lexington based in Lexington, Virginia
Primarily office-based with regular participation in resident, board and committee meetings
Occasional travel for Kendal gatherings, professional conferences or regulatory meetings
Compensation & Benefits
Attractive salary commensurate with experience
Health, Dental, Vision and Supplemental Insurance Plans
403(b) Retirement Plan with Employer Matching & Contributions
Paid Time Off, Paid Holidays & Floating Holidays
Discounted Employee Meals
Referral Bonus
Continuing Education & Professional Development Reimbursement
Use of Onsite Wellness Facilities Including Fitness Center & Indoor Pool
Required Experience
Chief
Key Skills Loan Processing, Fiscal Management, Accounting Software, Financial Services, Financial Concepts, Financial Report Writing, QuickBooks, Accounting, Agriculture, Financial Analysis, Budgeting, Financial Management
Employment Type: Full-Time
Experience: years
Vacancy: 1
#J-18808-Ljbffr