CFO

Job Description

Job Description

Co-CFO

Job Description

1. General Purpose of the Job

Provides executive financial leadership to the organization including planning, organizing, coordinating and directing all aspects of the Finance department. Leads FQHC financial strategy including PPS optimization, wrap reconciliation, and reimbursement maximization. Oversees HRSA Section 330 grant financial management and compliance.

Responsible for all aspects of Financial Management, which includes, but is not limited to: Reporting, Budgeting, Cash Management, Banking, Taxes, Regulatory Compliance, Revenue Cycle, and Internal Control.

1. Essential Duties & Responsibilities

1. Participates on the Executive Team to develop and implement strategic objectives in support of the organization’s mission, strategic plan and objectives.
2. Leads value-based payment strategy and managed care financial modeling.
3. Oversees 340B program financial performance.
4. Owns enterprise revenue cycle performance including KPIs (Days in AR, Net Collection Rate, PPS realization).
5. Develops long-term financial plans including service line profitability and expansion.
6. Provides financial analytics and dashboards for decision-making.
7. Leads Board Finance Committee engagement.
8. Supervises Finance staff including but not limited to: Controller, Accounting Manager, Senior Financial Analyst, Jr. Accountant, Credentialing Manager, & Purchasing Manager.

1. Selects, trains, orients, and supervises departmental personnel.
2. Recommends merit increases, promotions and disciplinary actions.

1. Develops, implements, evaluates and revises, as necessary, company-wide and departmental financial policies and procedures.
2. Supervises the preparation of budgets, to include the annual Operating, Capital, and Cash budgets, as well as non-routine budgets in support of grant applications.
3. Supervises the preparation of annual and interim financial statements in accordance with Generally Accepted Accounting Principles (GAAP).
4. Supervises or performs financial analyses and keeps the Board of Directors, the Chief Executive Officer and other appropriate parties apprised of the Corporation’s financial position.
5. Supervises the preparation and assures timely submission of the Medicaid and Medicare cost reports, Consolidated Fiscal Report (Article 16), and the MCVR Annual Report.
6. Supervises the purchasing and information technology functions.
7. Supervises and assures timely completion of required external audits.
8. Ensures that adequate general liability and property insurance are maintained to protect the organization’s assets.
9. Participates in professional development activities and maintains professional affiliations.
10. Serves as Administrator of the Group 403B Pension Plan.
11. Responsible for implementing state-of-the-art systems to further financial functions across department.
12. Collaborate with Human Resources for benefits, pension, and payroll.

1. Competencies