Position: Director of Strategic Finance
About CCHI: The Colorado Consumer Health Initiative (CCHI) is a nonprofit, non-partisan, membership-based organization working to advance the consumer voice to improve access to health care for all Coloradans by working statewide for progress toward equity, affordability, and quality. CCHI is actively working to break down barriers in accessing health care through innovating in public policy, building inclusive coalitions and partnerships, and engaging community members in our work. We work through a three-pronged approach that advocates for policy change. Our policy, strategic engagement, and consumer assistance teams work together to find relief for Coloradans whose access to healthcare and financial security are compromised by affordability, poor benefits, and unfair business practices of the healthcare Industry.
Work environment: CCHI is a Colorado based organization that works to represent Coloradans across the state. Employees must reside in Colorado. Required in-office time is used primarily for team meetings and formal and informal collaboration, with compensated parking.
Position Summary
CCHI is seeking a dynamic and creative Director of Strategic Finance to lead and oversee the organization’s financial strategy and operations. This senior leadership role is critical in ensuring the financial health and sustainability of CCHI as we expand our advocacy and service programs. The Director of Strategic Finance reports directly to the Executive Director and is responsible for financial planning, budgeting, reporting, treasury, and risk management, as well as aligning financial strategies with CCHI’s mission and goals. The Director will work directly with the Executive Director and in communication with the Board of Directors and accounting firm as needed in areas of governance, finance, and development. Additionally, the Director will incorporate equity goals and values into strategic financial decisions and planning to ensure resources are allocated in a manner that promotes internal equity, health equity, and addresses disparities. The Director will oversee the Development Coordinator to create fundraising and revenue generating strategies with the Executive Director. The Director is a part of the Senior Leadership team, and will be responsible for leadership and oversight of overall mission and vision.
Primary Responsibilities:
Strategic Leadership
- Creative/Strategic Decision-Making: Utilize innovative and strategic decision-making approaches to solve complex financial challenges, ensuring that creative solutions align with CCHI’s mission and equity goals.
- Shared Decision-Making: Foster a culture of shared decision-making, engaging staff and stakeholders in financial planning and decisions to ensure diverse perspectives are considered and equity is prioritized.
- Team Leadership: Manage and mentor staff involved in financial decisions, fostering a culture of accountability, continuous improvement, and commitment to equity. Providing operational oversight to support CCHI team members and work collaboratively to achieve overall mission.
Financial Strategy & Equity
- Financial Strategy and Planning: Develop and implement financial strategies that support the organization’s mission and strategic goals, with a strong focus on promoting equity and addressing health disparities.
- Budgeting and Forecasting: Lead the annual budget process, including preparation of detailed budgets and financial forecasts that prioritize equitable resource allocation both externally and internally. Includes overseeing distinct project, grant, and department budgets.
- Internal Equity in Budgeting/Accounting: Ensure internal financial practices promote equity, including fair and transparent budgeting processes, equitable salary structures, and inclusive financial policies that support all employees.
- Equity Lens in Finance/Accounting: Apply an external equity lens to all finance and accounting practices, ensuring that financial decisions, processes, and policies are inclusive and equitable. Includes regular assessments to identify and address any disparities in financial operations.
- Equity in Investments/Vendor Selection: Develop and implement policies for equitable investment strategies and vendor selection processes, prioritizing partnerships with minority-owned, women-owned, and other underrepresented business enterprises.
Financial Management & Operations
- Financial Reporting: Prepare - with support from Accounting Firm - and present accurate and timely financial statements, reports, and analyses to the Executive Director, Board of Directors, Finance and Audit Committee of the board, funders, and other key stakeholders as needed, highlighting progress toward equity goals.
- Risk Management: Identify and manage financial risks, ensuring compliance with all regulatory requirements and organizational policies, while considering the impact on vulnerable populations
- Funding and Resource Allocation: Oversee the allocation of resources to ensure financial efficiency and effectiveness, prioritizing initiatives that advance health equity. Work as part of the development team to support grant applications and donor relations that focus on equitable funding opportunities.
- Operational Efficiency: Implement best practices in financial management and operations to enhance the organization’s financial health, ensuring equity considerations are integrated into operational decisions
Qualifications
Education
- Bachelor’s degree in Finance, Accounting, Economics, Business Administration, Public Administration, or a related field; Master’s degree or CPA preferred
Experience
- Minimum 5-7 years experience in financial management, preferably in nonprofit sector
- Proven ability to develop and implement financial strategies that align with organizational goals, and advance equity and inclusion
- Demonstrated experience in applying an equity lens to financial decision making and resource allocation
Skills & Competencies
- Expertise in creating financial models and analyses
- Strong analytical skills to interpret, assess, and report on financial data
- Proven ability to manage budgets, financial reporting, and risk management
- Knowledge of accounting principles, practices, and compliance
- Strong strategic thinking and analytical skills
- Familiarity with nonprofit financial management
- Effective at managing and mentoring teams, with a focus on fostering an inclusive and equitable workplace culture
- Ability to work with other departments in integrating equity considerations into financial planning and decision-making
- Desire to present financial information with an emphasis on transparency and the impact on equity, particularly to diverse employees, board members, donors, and stakeholders
- Commitment to advancing equity, diversity, and inclusion in financial practices
- Commitment to honoring different cultural and lived perspectives and experiences
- Commitment to inclusive problem-solving and shared decision-making
Compensation and Benefits:
Salary: $85,000, with an additional $3,500 annually for Spanish language fluency.
Full time with benefits including:
- Health, life, disability, vision and dental insurance coverage for employees, partners, and dependents
- Retirement savings plan with 3% employer match
- Generous paid leave policies including ability to accrue 2 weeks of sick time and 3 weeks of paid vacation
- Generous sabbatical benefits: upon 3 years of service, 4 weeks sabbatical; 5 years of service, 6 weeks sabbatical; 7 years of service, 8 weeks sabbatical; every 3 years thereafter 8 weeks sabbatical
- $75 cell phone stipend
- $2000 Professional development stipend
- RTD Eco pass
- Resources and opportunities as well as hybrid/work from home options available (with some in office days expected)
- Work life balance
In order to counter pay inequality and uphold internal parity, salaries are non-negotiable for new and current employees. Starting salaries are always listed clearly in job descriptions.
Why our salaries are non-negotiable: Requiring new staff to negotiate in order to receive a fair salary often results in pay inequity, especially for women and people of color, and we do not want to compound that inequity as part of our compensation structure. Employees have the opportunity to progress through current salary bands through annual cost of living increases and higher level responsibility increases, and into new salary bands through promotions.
Other Considerations: Expectations for this position include operating a computer, in-person conversations with organizational partners and members of the community, and spending time on the phone and/or video calls for internal and external communication. This position may also require working some nights and weekends as well as traveling for conferences, events and meetings.
The Colorado Consumer Health Initiative is strongly committed to building a work environment that recognizes, respects, and encourages the unique contributions of a broad spectrum of qualified employees. We strive to make employment decisions that support inclusion and to maintain a work atmosphere that is equitable and promotes work-life practices that allow people of diverse backgrounds and lifestyles to grow personally and professionally.
CCHI is an equal employment opportunity employer. CCHI does not discriminate against employees or job applicants on the basis of race, color, religion, creed, national origin, ancestry, sex, pregnancy, age, gender, gender identity, gender expression, ancestry, marital status, sexual orientation (incl. transgender status), physical or mental disability, military status, genetic information, marriage to a co-worker and retaliation for engaging in protected activity (opposing a discriminatory practice or participating in an employment discrimination proceeding or any other status or condition protected by applicable federal, state or local law).
