Chief Financial Officer
Pequannock, Nj, Us
NewBridge brings balance to people’s lives through counseling, housing and education. Services include adult and family counseling, substance abuse treatment and addiction recovery, play therapy for young children, school-based prevention programs, youth employment and education services, adult day treatment programs, and outreach to the elderly. NewBridge provides a range of adult residential services that encompass group homes, supervised apartments, and supportive/affordable housing, as well as case management to integrated residential healthcare facilities. Responsibilities- Strategic oversight & Budget development for entire organization- Audited Financial Statements consolidating nine legal entities- Tax Filings for six legal entities- Financial Liaison with Federal, State, & Local funding sources including DMHAS, DCF, HUD, & NJHMFA- Financial review & budget development for all new Grant proposals- Management Reporting for over 50 business units- Billing Medicaid, Medicare, Managed Care, and Traditional Third Party Insurance- Financial Management & Compliance for 23 Housing ProjectsAccomplishments- Developed & implemented restructuring plans, within three months of hire, significantly improving cash flow- Orchestrated second restructuring to facilitate transition from cost based contracts to fee-for-service- Implemented budget processes that permitted establishment of strategic cash reserves and funding of needed capital investments- Restructured General Ledger permitting effective reporting to Board & Management Team- Identified and corrected areas of regulatory non-compliance- Positioned organization as a valuable partner within the industry- 2022 NJBiz Leader in Finance Award