Senior Finance Business Director
Description
Location: Shoreline, WA
Employment Status: Full Time
Compensation: $132k - $155k, DOE
Benefit Highlights: Health Insurance, Retirement Plans w/CRISTA match, Family Care, Paid Holidays, PTO, Tuition Discount at King’s Schools.
COMPANY OVERVIEW
CRISTA Ministries (“CRISTA”) is a Christian church community that exists to exercise and express its Christian beliefs. At the core of our Christian church community is the belief that as Christians, we are part of the priesthood of all believers, set forth in I Peter 2. We believe this priesthood calling rests upon all Christians and is a foundational, spiritual practice of our CRISTA community. This priesthood calling evokes within us the response to view our work as our ministry. We believe that all representatives of our community are ministers of the gospel and play equally important roles in exercising, expressing and teaching our beliefs (I Corinthians 12: 17-23).
CRISTA exists to make known the love of Jesus Christ through demonstrated works of service and ministry. We use every method available so that the people of the world may hear the Gospel, accept Christ as their Savior, and grow in their faith. We are a united family of Biblical Ministries inspired by a shared vision to serve and impact the young through the elderly, all cultures and backgrounds, in our own backyard and around the world through excellence in our service and operations. By leading a healthy and sustainable organization, CRISTA empowers its ministries to serve the needs of the world and share the Gospel, making disciples. Our commitment is to glorify, honor and obey the Lord in all we do through a workforce of ministers: our staff and volunteers who are called, committed, and faithful Christians.
CRISTA leads five distinct ministries in alignment with our calling to draw people into a transforming relationship with Christ. From World Concern’s relief and development efforts around the globe; from CRISTA Media’s stations that broadcast uplifting messages and music through your radio dials to the fireside songs that bring joy to campers year-round at CRISTA Camps; from the young minds equipped with knowledge at King’s Schools to the seniors receiving exceptional care at CRISTA Senior Living. Whether traversing the globe or right in our backyard, the CRISTA family of ministries is empowered to meet the needs of those we serve with the Gospel of Jesus Christ.
CRISTA MINISTRIES MISSION AND VISION STATEMENTS
- Mission Statement: To fearlessly declare the Gospel, with Biblical truth and love, leading generations to follow Jesus.
- Vision Statement: Until All Know Jesus.
CRISTA MINISTRIES CORE VALUES
- Christ-Centered: We approach our work by faith, prayerfully believing God will do the miraculous.
- Servanthood: We serve our world by meeting needs practically and spiritually.
- Uncompromising Integrity: We are honest, transparent, and trustworthy – reflecting Jesus in all we do.
- Holy Stewardship: We honor and maximize the potential of the resources, assets, and people God has entrusted to us.
- Excellence: We serve with excellence knowing that we represent God in our work, words, and actions.
- Unified Team: We are One CRISTA, united in the vision to transform lives with the Gospel of Jesus Christ.
SENIOR LIVING PURPOSE STATEMENT
Declaring the love of Jesus into the next season of life.
POSITION SUMMARY
The Senior Finance Business Director is responsible for assessing and maintaining the financial health of Senior Living. Oversee the day-to-day financial operations as well as participating in strategic development. Facilitate financial strategies related to metric and data assessment, variance analysis and special projects with a strong focus on health care operations. This position is a key financial partner liaising with operations providing support analytics to assist business leaders. Oversee budget development, forecasts, benchmarks & metrics, capital planning and management, and financial compliance. Provide technical oversight, financial consulting and strategic analysis to Senior Living management and senior executives. Prepare financial presentations, conduct industry/peer group comparisons, analyze capital expenditures, and other projects as requested for Senior Living. Provide insight and support for optimal business decision making. Provide systems expertise and training on budgeting and reporting tools specific to the long-term care business. Conduct research, perform special projects and prepare other reports as needed. Work closely with the Vice President of Senior Living, reporting to CRISTA’s VP of Financial Planning and Analysis.
ESSENTIAL FUNCTIONS
(General overview and may not include all details of responsibilities)
Leadership in the following areas:
· Serve as the principal finance advisor to the Vice President of Senior Living and leadership team, bringing an enterprise perspective to strategy, operating decisions, and ministry sustainability.
· Translate Senior Living strategy into multi-year financial plans, annual priorities, measurable outcomes, and resource allocation recommendations.
· Lead financial evaluation of growth opportunities, new services, contracts, pricing, occupancy strategies, payor mix, and partnerships, present clear recommendations, alternatives, risks, and expected returns.
· Facilitate scenario planning and sensitivity analysis to help leaders anticipate market, reimbursement, labor, occupancy, and cost pressures and make timely decisions.
· Oversee the annual budgeting process for department heads through a strategic period of evaluation and future vision casting.
· Develop, implement, administer and/or coordinate policies and procedures necessary for the effective financial operations across Senior Living.
· Provide training to ministry leaders and coworkers in areas of financial impact.
· Provide recommendations to Senior Living Leadership regarding best business practices, financial ratios and any other changes based on financial evaluation and industry standards.
· Responsible for hiring, coaching, performance management, employee development, succession planning, and fostering a high-performing team aligned with CRISTA's mission, vision, and values.
Finance and Accounting
· Lead the preparation and development of Senior Living annual operating and capital budgets, forecasts, revised targets, and ongoing reports and analysis. Ensure timely and relevant production of documents, reports and budgets.
· Establish an integrated performance-management rhythm that connects financial results, operational metrics, resident outcomes, and strategic initiatives.
· Develop executive dashboards, forecasts, benchmarks, and key performance indicators that identify trends, explain performance, and focus leaders on corrective action and opportunity.
· Deliver timely variance, profitability, service-line, occupancy, labor, pricing, and capital analyses; distinguish root causes from symptoms and recommend practical actions.
· Conduct industry and peer analysis to inform performance expectations, strategic choices, and continuous improvement.
· Provide supporting documentation monthly for performance measures to enable Senior Living and CRISTA to achieve positive business outcomes.
· Prepare GL account reconciliations as assigned. Recommend and prepare journal entries. Review monthly financial statements for accuracy, clarity and trends. Provide financial analysis as needed. Utilize the CRISTA accounting system to generate and modify reports.
· Responsible for the month-end close of Senior Living industry software and bookkeeping reporting.
· Supports data analysis, finance-related processes, vendor relationships, system implementations, and special projects.
· Administer and support multiple business, resident care, financial, and operational software systems used by CRISTA Senior Living.
· Responsible for the management and administration of the benevolent fund for residents in need.
Compliance
· Keep current on regulatory requirements and ensure compliance.
· Oversee the preparation of the annual Bond Compliance Filings with Washington State.
· Ensure compliance with all laws and regulations specific to the financial affairs of Senior Living.
· Identify emerging financial and operational risks, assess potential impact, and recommend mitigation strategies to Senior Living and CRISTA leadership.
Business Office Functions and Resident Support
· Review and establish policies, procedures and systems to ensure the smooth operation of Senior Living’s business office functions.
· Develop, implement and administer and/or coordinate policies and procedures necessary for the effective financial operations across Senior Living in operational areas that cross into business operations, e.g. Medical Records and MDS.
· Oversee resident and family customer services provided by business office staff, including response to billing queries.
· Support sales team and provide financial reviews of prospective residents.
Work collaboratively with supervisor, coworkers and vendors and residents.
Conduct that reflects well on CRISTA Ministries and aligns with its mission, vision, Statement of Faith and Christian Community Representative Commitment (CCC).
SUPERVISORY RESPOBISIBILITES
Oversee the Finance Director, Business Systems Administrator, Resident Accounts Manager
ESSENTIAL QUALIFICATIONS
CHRIST CENTERED
- Belief that Jesus Christ is Lord and Savior.
- Is a committed Christian who is dedicated to continued spiritual growth and development as evidenced through a growing personal walk with God (e.g. daily spiritual rhythms of prayer, fellowship, Bible study, etc.).
- Prayerfully seeks God’s will in their own lives and in their ministry at CRISTA.
- Engages our ministry including staff and colleagues through prayer, participation in spiritual practices, leading devotionals and other spiritual practices.
- Affirms, aligns with and supports CRISTA’s Statement of Faith and Christian Community Representative Statement (CCC).
- Conducts themselves in a manner which reflects well on CRISTA Ministries and aligns with its mission, vision, Statement of Faith and Christian Community Representative Commitment (CCC).
- Demonstrates the values of a CRISTA leader.
EDUCATION
- Bachelor’s degree in business administration, Accounting or related field from an accredited college or university recognized by the United States Department of Education or equivalent. Relevant work experience may be substituted for education on a year-for-year basis.
EXPERIENCE
- Five years as a business or finance manager role within a senior living or health care setting with the ability to lead and teach a team to meet operational requirements and optimize business functions or equivalent transferable experience.
- Five years of experience in budgeting, forecasting, financial analysis, and operational finance.
- Three years of experience managing teams, projects, or operational functions.
- Experience partnering with executive leadership to support strategic business decisions.
- Familiarity with the healthcare and/or senior services industry.
- Proven ability to effectively handle multiple priorities with exceptional organizational and time management skills.
SOFTWARE / EQUIPMENT KNOWLEDGE
- Computer proficiency with the Microsoft Office suite, as well as the ability to learn new applications.
OTHER CONSIDERATIONS
- Ability to pass background checks relating to DSHS Secretary’s List of Crimes and Negative Actions. (WAC 388-113).
- Knowledge and sensitivity to issues in aging.
- Ability to work onsite in Shoreline, WA, five days/week.
- Excellent written and verbal communication skills, as well as the ability to facilitate group presentations.
- Knowledge of Senior Care Industry.
- Excellent customer service and interpersonal communication skills, as well as a deeply ingrained passion for seniors to successfully nurture relationships.
- Mission-minded.
- Ability to work collaboratively with supervisor, coworkers, seniors, vendors and physicians, community providers and other customers.
- Ability to drive change and work in a matrix environment.
PREFERRED QUALIFICATIONS
EDUCATION
- Master’s degree in business administration
EXPERIENCE
- Five years as a director role within a senior living or health care setting.
- Not-for-profit experience.
- CCRC/Life Plan Community experience.
- Knowledge of regulatory issues in this environment.
STATEMENT OF NONDISCRIMINTATION
CRISTA is a Christian, religious organization that lives out its faith-based mission through five ministries: CRISTA Camps, CRISTA Media, CRISTA Senior Living, King’s Schools, and World Concern. As permitted by Title VII of the Civil Rights Act of 1964, CRISTA reserves the right to prefer employees of a particular religion and to require its employees to hold certain religious beliefs, engage in certain religious observances, and engage in or refrain from engaging in certain behavior, based on CRISTA’s religious beliefs. CRISTA’s employees must agree with and support without reservation CRISTA’s Statement of Faith and must conduct themselves in accordance with the religious beliefs and practices that flow from that Statement of Faith and CRISTA’s Christian Community Policy.
Among those employees and employment applicants who agree with and support without reservation and abide by the Statement of Faith and CRISTA’s Christian Community Policy, CRISTA does not unlawfully discriminate on the basis of race, color, national origin, age, sex, disability, genetic information, or any other protected characteristic. Based on its religious beliefs, CRISTA values and respects the dignity of all persons and appreciates the diversity of God’s creation.