
Job Information
Providence St. Joseph Health Religious Community Chief Financial Officer in Renton, Washington
Description THE ROLE The Chief Financial Officer of the Sisters of Providence Mother Joseph Administrative Center, in collaboration with the Congregational Treasurer and Congregational Director of Finance and Administration, is responsible for developing and implementing financial strategies and processes to support assigned local communities and sisters, consistent with the strategic goals, mission and values of the Sisters of Providence Congregation of which it is a part. It is expected that the focus of the position will be on providing essential financial services to local leaders and individual sisters, both active and retired. The Chief Financial Officer is responsible for leadership and oversight of Administrative Center Finance Team, nurturing a team spirit and service mentality among all colleagues consistent with the mission and values of Providence and provide ongoing financial ministry formation and continuing development; maintaining the financial viability of the Administrative Center in accordance with the policies and procedures outlined in the Congregational Directory of Temporal Goods; and actively collaborating with the Congregational Treasurer and the financial leaders of the other Sisters of Providence Administrative Centers to identify and develop common approaches for addressing current issues and providing services to promote a common experience throughout the Congregation. The function of the position actively incorporates the Mission and Values of the Sisters of Providence Congregation and the Mother Joseph Administrative Center. ESSENTIAL FUNCTIONS A member of the Senior Management Team of the Administrative Center, which also includes the Director and the Operations Officer. This group works together and with other parties to manage the day-to-day activities of the Administrative Center to fulfill its responsibilities to the Congregation. Responsible for the overall financial administration of the Administrative Center, including finance team goals and plans. Develop and recommend financial policies and procedures for the Administrative Center. When requested, serve as civil corporation treasurer and/or chairperson of the investment committee. Participate in Congregational Leadership Conferences when requested; Administrative Center Leadership Team meetings; Congregation Finance Service meetings, and all staff Administrative Center meetings to share information and coordinate activities. Assists in the preparation of agendas and meeting materials for the Sisters of Providence Mother Joseph civil Corporation. In collaboration with the Administrative Center Director, recommend changes to Corporation bylaws; recommend candidates for Board of Director, officers and committee positions for local Corporations and local investment committees; be one of the authorized signers for various banking and investment activities; issue credit cards for the Administrative Center Senior Managers and, with approval of local leader, the sisters with credit limits based on Congregation guidelines; prepare and recommend approval of the consolidated budget for the Administrative Center; recommend to Core Group (CC + 2 Local Leaders) approval of unbudgeted expenses and capital items above the financial competency (currently $100,000 per item), purchases or sales of property, debt, leases or other multi-year commitments; monitor financial performance of the Administrative Center; recommend approval of annual financial statements for the Administrative Center; arrange for sisters' medical coverage; and monitor and recommend action related to legal issues and settlements after consulting with and receiving recommendations from lawyers. Manage investments, including proposing updates to local investment policies and procedures to ensure consistency with congregational guidelines and to meet local needs. Arrange for insurance coverage for the Ad