Chief Financial Officer
2 months ago
Chief Financial Officer
OneTogether Solutions (OTS) is a majority Native-owned and operated healthcare partner for Tribal Nations. We work with Tribes to develop, manage, and operate opioid-treatment clinics and wraparound healthcare services to deliver clinical excellence and help save lives. Our vision is to develop and manage the highest-quality opioid treatment programs in the country. In joining OTS, you will become a part of a team that strives to treat each patient with compassion and dignity. Your efforts will directly impact the future of Tribal healthcare, so a passion for healthcare equity and a willingness to learn from Tribal partners is essential.
OTS-managed clinics offer state-of-the-art outpatient treatment for adults with opioid use disorder. We have created an innovative model of highly individualized, compassionate care, and we advance science in the field of opioid use disorder.
At OTS and OTS-managed clinics, employees are valued agents for change in the opioid crisis. We are building a team of kind and dedicated individuals who are ready to make a difference. We want to work with people who love to learn and who value connection, positivity, and being part of an amazing team.
We are currently seeking a Chief Financial Officer. This position, reporting to the CEO, is part to full-time and is an excellent opportunity for someone excited to make an immediate and lasting impact on a growing company.
Position Overview:
As the Chief Financial Officer, you will work in an environment where everyone understands their role is to help and to jump into new challenges. The CFO’s primary areas of focus will be in owning and executing all items connected to Finance, effectively managing the Accounting team, and serving as the key financial communicator internally and externally.
This role will work very closely with the CEO and be accountable for keeping the CFO informed of the financial status of OTS and OTS-managed clinics. Effective communication with the CEO is paramount, along with good communication with the OTS Leadership team.
The CFO is responsible for directing and overseeing the financial activities of OTS and Clinics. The CFO performs financial modeling, cash flow analysis and strategic planning to ensure the financial health of OTS and support its growth. Together with the CEO, the CFO is a key part of the OTS Management Team, providing leadership for corporate operations, defining corporate finance policies and collaborating on critical business and development decisions. The CFO is an active, on-site manager of the Finance Team. This role oversees Finance in connection with clinics under development, operational clinics under management, and OTS. Working with the Board, the CFO plays an integral role in business development and development of OTS services. OTS currently has three clinics under management and three clinics under development. Going forward, OTS will open two to three new clinics and be in development of two to three new clinics annually.
Responsibilities:
- Responsible for managing the financial operations of OTS as well as the financial operations of clinics under OTS management.
- Responsible for all accounting actions and tracking: expenses, accounts receivable, accounts payable, cash position.
- Familiarize self with details of Development Service Agreements and Management Service Agreements to understand agreed upon reporting and information requirements to Tribal partners.
- Maintain financial reporting across all clinics under management.
- Manage and maintain financial oversight of clinics under development: budgets, in collaboration with CRO vendor agreements (negotiation and adherence), cash position.
- Own and prepare all Finance information flow to the Board and Leadership with timeliness and consistency, allowing review and confirmation of the details before sharing externally.
- Own, prepare and effectively present Finance updates to Tribal Clients in a succinct and consistent manner, demonstrating a deep understanding of the information.
- Own and manage investor relations and communications.
- In collaboration with leadership team set annual and long-term OTS and clinics’ financial budgets and goals (present to Board annually for approval).
- Oversee accounting function and manage Finance Team at OTS.
- Oversee tax filings for OTS.
- Oversee financial audits for OTS and Clinics.
- Ensure OTS compliance with financial and tax regulations.
- With CEO and Board, responsible for supporting capital-raising activities as necessary.
- Jointly responsible with CEO and Board of Directors for approving OTS financial policies and procedures.
- Advise and regularly report to Board and Leadership Team on financial impacts of decision-making and ongoing accounting and revenue projections (short, mid, and long term).
- Work with CRO and Clinic Operations to monitor and optimize tracking of billable encounters.
- Monitor cash position and determine financial needs in real time and as part of strategic projections and models.
- With CRO, collaborate with third-party medical billing vendor for clinics under OTS management.
- Provide detailed summary information to the Board regarding tax filings and distributions.
- Manage OTS Capitalization Table (in conjunction with attorneys) and manage Member Capital Accounts.
- Collaborate with People Operations on health insurance and benefits selection and maintenance.
- Jointly responsible with CEO for hiring or termination of outside accountants.
- Other duties as assigned.
Physical Demands and Work Environment:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this classification. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this classification, the employee is frequently required to stand, walk, sit, stoop, kneel, bend, use hands to keyboard or type, handle materials used in performing the essential functions of the classification, and reach with hands and arms. The employee will be asked to perform repetitive behaviors (e.g., typing and data entry). The employee must occasionally lift and/or move up to 25 pounds (think boxes of paper). Specific vision abilities required by this classification include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus. Sufficient clarity of speech and hearing abilities required by this classification includes those which permit the employee to discern verbal instructions and communicate effectively in person, by telephone. While performing the duties of this classification, the employee works in an office setting where the noise level in the work environment is usually moderate. The employee must also analyze and evaluate situations and adopt effective courses of action.
Why Work for Us?
We are a team with each person vital to our mission. Our team members are forward-thinking and passionate about creating change. We foster a culture of autonomy and ownership made possible by the trustworthiness and honesty of our team members. In a field that can sometimes leave staff feeling numb or powerless, we support active teamwork by responding with engagement, participation, and empathy. We treat patients with respect. And we believe that being curious and positive makes a difference.
OTS offers Tribes the ability to address the opioid epidemic and public health emergency within their Tribal nations and in their surrounding communities. OTS-managed clinics offer cutting-edge medical treatment, compassionate care, and culturally responsive services. The OTS model applies an individualized approach to patients, which is sensitive to beliefs, medical problems, spirituality, and social situation. Our purpose is to inspire hope and save lives – healing individuals, families, and communities along the way.
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