Chief Financial Officer

2 days ago

Milwaukee WI United States Milwaukee Health Services, Inc Full time

POSITION SUMMARY : Responsible for the financial operations of the corporation. Develop and administer accounting policies and procedures for several accounting sections, typically the activities of the Corporate Accounting, Accounts Payable, Financial Systems Development, Accounts Receivable, Corporate Cost Reporting and Accounting Data Analytics. Responsible for the preparation and administration of the operating budget and tax returns. Responsible for ensuring compliance and reporting for all local, state, and federal grant fund management oversight. Ensure that accounting transactions are recorded and reported accurately and in a timely fashion. Supervise the accounting staff, accounts receivable, and billing staff. Responsible for financing and capital acquisition (and enhancement) activities and strategies, including alternate corporate structures necessary to support and maximize such strategies.

Chief Financial Officer /Duties & Responsibilities:

  • Develop and assist in the preparation of program operating budgets.
  • Design and implement internal accounting policies and procedures, in accordance with HRSA grant regulations and GAAP.
  • Prepare and articulate corporate cost reporting; explain and make presentations to the board of directors, other fiscal intermediaries, and funding agencies.
  • Maintain the accounting system utilizing generally accepted accounting principles and techniques to systematically record, present, and interpret financial data.
  • Prepare corporate financial statements consisting of the following: corporate assets, liabilities, and fund balances; comparative budget to actual revenue and balance sheets which reflect expenditure statements, as well as reporting bad debt write offs, for the fiscal period.
  • Assure that all necessary reports for the Governing Board, President/CEO and funding agencies, are completed according to the stipulated standard procedures on a timely basis, as may be required.
  • Responsible for the proper recording and system controls for cash receipts, grant drawdowns, cash disbursements, bank transfers, and deposit of clinic receipts. Assure that all monthly financial statements are submitted to the Financial Committee and Board of Directors respectively, within at least two (2) working days, prior to any formally scheduled meeting.
  • Assure the reconciling of all corporate account bank statements.
  • Assure the review and approval within the finance dept’s accounting software and Accounts Payable check run.
  • Review and approve all purchases on behalf of the corporation. Assure that all purchases meet the purchasing guidelines, as adopted by the Board of Directors.
  • Timely completion and submission of the Medicare and Medicaid Cost Reports.
  • Review cash requirement reports, as it relates to the total accounts payable and availability of cash.
  • Coordinate and oversee the preparation and reconciliation of payroll related functions with the Human Resources Manager.
  • Directly oversee the Accounting Department, as well as Accounts Receivable, Financial Reporting and Billing Departments. Also, Management Information Systems, payroll, and central supply until such time as these functions are transferred to other appropriate management.
  • Perform other job-related duties, as may be assigned.

Position Requirements:

  • Education : Degree in Accounting/Business Administration from an accredited institution. Considerable knowledge of accounting principles, practices, and procedures. CPA or CMA.
  • Experience : A minimum of five (5) years' experience in an accounting position, which entails financial systems development, senior management oversight and corporate reporting. Experience should include emphasis on financial operations, maintenance of a central accounting system and budget preparation, preferably in a healthcare or related setting. Must possess management and supervisory experience of at least five (3) years' preferably within a healthcare-related field or entity.

Job Type : Full-time

Pay : From $121,920.00 per year

Benefits:

  • Dental insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Retirement plan
  • Vision insurance

Schedule:

  • Monday to Friday

License/Certification:

  • CPA (Required)

Ability to Relocate:

  • Milwaukee, WI 53212: Relocate before starting work (Required)

Work Location : In person

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