POSITION TITLE: Chief Financial Officer (CFO)
DEPARTMENT: Administration
ACCOUNTABILITY: CEO
SUPERVISES: Accounting Staff
OSHA CLASSIFICATION: III
STATUS: Exempt
NATURE AND SCOPE: Lead the development, implementation, and day to day management of all processes related to the following functions: accounting, financial reporting, budgeting, financial planning, business and operational reporting and analysis, performance measures, decision support and related matters.
PRIMARY ACCOUNTABILITIES
- Planning, leading, directing, and achieving all business and operational results associated with functional areas as assigned.
2. Provide support and financial stewardship for the organization. Ensure risks and issues which may affect the financial health of the organization are identified, addressed and remedied.
3. Ensure the organization’s leadership, including its board of Directors, is supported with timely and accurate planning, budgeting, accounting, and reporting of financial and operational outcomes.
4. Support new business development through analysis, planning and decision support.
5. Ensure that all financial, accounting and administrative policies, functions, systems and processes are performed consistent with all generally accepted accounting principles (GAAP).
6. Responsible for overseeing financial statement preparation and Finance Committee monthly reporting.
7. Responsible for long and short-range financial planning and budgeting.
8. General supervision of the annual independent audit.
9. Responsible for grant reporting and development of grant budget for all grant applications.
10. Responsible for overseeing cash flow and internal controls.
11. Assists billing manager in development and maintenance of charge master based upon RBS-RVU, cost data, sliding fee system and reimbursement data.
12. Responsible for preparing and submitting annual UDS and Medicaid and Medicare cost reports as required.
13. Participates in management team meetings and activities.
14. Direct and coordinate financial administration functions including supervision of staff responsible for general accounting, payroll, accounts payable, purchasing, billing, accounts receivable, data and information services.
15. Resolve conflicts, and ensure that all employees perform their functions in a manner consistent with organizational policies, procedures, and best practices associated with their respective disciplines.
16. Collaborate with the Medical Director, Pediatric Director and Dental Director, Behavioral Health Director and other leaders to ensure the organization demonstrates a professional atmosphere and a culture resulting in positive provider/associate relations.
17. Appropriately represent the health center at the Board of Directors level.
18. Uphold the mission, values and principles of the organization at all times. Ensure all business endeavors and relationships, as well as the individual performance of each associate, are consistent with the organization’s mission, values policies and goals.
19. Displays a caring and helpful attitude when interacting with patients, vendors and fellow employees. Strives to build cooperative partnerships, by treating all people both inside and out of CHC as a customer.
20. Ability to establish and maintain effective working relationship with other management and clinic personnel. Handles confidential information with tack and discretion on a need-to-know basis.
21. Follows established policies and procedures for safety, infection and exposure control.
22. Performs other duties as assigned.
ESSENTIAL FUNCTIONS/KEY COMPETENCIES
- Ability to provide leadership & establish commitment to the development and implementation of financial strategies, plans, policies and business initiatives.
- Demonstrate a high level of skill at building relationships and strategic partnerships
- Demonstrate a strong financial acumen. Analyze, synthesize and communicate complex data, financial data, and related issues in an accurate, objective and straightforward manner.
- Demonstrate a high level of problem solving skills. Demonstrate the ability to make critical decisions supported by substantial analysis and critical data based decision making.
- Ability to provide high level of personal direction, leadership and coaching to management and staff.
- Ability to effectively manage conflict, promote change and growth, and inspire high standards of performance.
- Demonstrate interpersonal savvy and influence skills with the organization’s leaders, banks, regulators, vendors, auditors and related external entities.
- Ability to build consensus and focus within the overall organization as well as within and among various business resources and strategic partners.
- Ability to recruit, develop and direct a high performing team.
- Ability to travel throughout the region to monitor overall enterprise performance and activity, and to establish relationships with key resources and affiliates.
- Ability to routinely and creatively use and understand technology necessary to collect, retain, analyze and report critical, requisite information related to human resources, payroll, benefits and related matters.
- Ability to regularly and effectively communicate throughout all levels within the organization in written, verbal, and presentation formats.
POSITION REQUIREMENTS
Education
- Bachelor’s degree in Finance, Accounting or related field.
Experience
- A minimum of 5 years’ experience in a healthcare organization, to include demonstrated success in leading and directing an integrated community healthcare facility of similar size and scope. Federally Qualified Health Center experience would be highly valued. Familiarity with operational, financial, quality assurance, and human resource procedures and regulations is a must.
Knowledge, Skills and Abilities
- Demonstrated knowledge of trends and issues, laws and regulations related to the delivery of ambulatory and behavioral health care services.
- Demonstrated success with planning, analysis and implementation of decisions affecting new business growth and development.
- Demonstrated success in the selecting and developing, in motivation and directing high performing teams.
- High integrity.
- Excellent organizational and analytical skills. Ability to work well both independently and with others.
- Excellent judgment.
- Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, governmental regulations, and legal documents.
- Excellent oral and written communication skills. Ability to write clear, concise reports, business correspondence, and procedures.
- Ability to effectively present and represent the health center’s interests externally with regulators.
- Ability to effectively present information and respond to inquiries from employees, regulatory agencies and others, as necessary.
- Ability to initiate administrative activities as necessary.
- Ability to meet deadlines and adjust to changes in company policies, procedures and priorities.
Physical/Environmental
- Requires hand dexterity as required for office machine operation, stooping and bending to files and supplies, mobility to complete errands, or sitting for extended periods of time.
- Requires visual acuity to perform required tasks to include the ability to see and read PC screens and communicate with a computer, whether it is with a mouse and keyboard, voice recognition software, or other available hardware/software tools.
- Required to be able to write legibly and read printed or handwritten materials.
- Normal accessibility and mobility throughout the region required.
- Normal overtime/extended work hours.
Benefits:
- 403(b)
- Dental insurance
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Professional development assistance
- Retirement plan
Work Location: In person
