Finance Officer
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
- 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
- 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
- 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
- Bachelor's 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
- 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
- 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
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
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