Chief Financial Officer
4 days ago
PRIMARY FUNCTION: The Chief Financial Officer (CFO) is a key member of the finance team reporting directly to the CEO of the health center. The CFO is primarily responsible for managing the financial operations, financial planning and record-keeping, budgeting and financial reporting, and oversees and manages Billing, Front Desk, Facilities, Housekeeping, and IT/EPIC. This position is on-site on Maui and is not a remote position.
ESSENTIAL DUTIES AND FUNCTIONS:
- Planning:
- Assists in formulating the organization's future direction and supporting tactical initiatives.
- Manages the capital request and budgeting processes.
- Operations:
- Participates in key decisions as a member of the executive management team.
- Maintains in-depth relations with all members of the management team.
- Manages the accounting, grants management, information technology, revenue cycle, reception services, housekeeping, and facilities.
- Manages any third parties to which accounting or finance functions have been outsourced.
- Oversees the organization's transaction processing systems.
- Implements operational best practices.
- Oversees employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package, as applicable.
- Financial Information:
- Prepares and oversees the issuance of financial information.
- Calculates, estimates, and prepares some journal entries.
- Reports financial results to the board of directors.
- Risk Management:
- Understands and mitigates key elements of the company's risk profile.
- Coordinates with the CEO and COO to monitor all open legal issues involving the company, and legal issues affecting the industry.
- Constructs and monitors reliable control systems.
- Maintains appropriate insurance coverage.
- Ensures that the company complies with all legal and regulatory requirements.
- Ensures that record keeping meets the requirements of auditors and government agencies.
- Maintains relations with external auditors and investigates their findings and recommendations.
- Funding:
- Monitors cash balances and cash forecasts.
- Arranges for debt and equity financing.
- Invests funds.
- Third Party Management:
- Maintains banking relationships.
- Represents the organization with vendors and bankers.
- Ethics and Law:
- Demonstrates a strong commitment to adhering to professional ethics and compliance with the laws and regulations governing healthcare organizations.
- Interpersonal Skills:
- Demonstrates strong conflict resolution skills.
- Understands and follows the organizational structure and reporting lines when addressing problems.
- Possesses mindfulness skills, strong self-awareness, and emotional management in a team environment.
- Willingness to learn and demonstrate the principles of trauma-informed care and practice in all aspects of patient/client care.
- Able to establish, maintain, and promote strong and cooperative working relationships with all staff.
- Safety and Compliance:
- Attend all required in-service and external training related to Safety and Compliance.
- Read, watch safety & health videos, and adhere to all policies and procedures in Safety and Health Guidebook.
- Leadership and Management:
- Finance & Accounting Department.
- Revenue Cycle and Billing Department.
- Facilities & Housekeeping.
- Front Desk.
- IT.
- Pharmacy Program (340b).
QUALIFICATIONS:
To perform this job successfully, an individual must be able to perform each essential job function assigned satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education:
- Bachelor’s Degree in Finance or Accounting and/or CPA.
Experience/Skills:
- Prior experience as a CFO preferred, but not required; preferably at an FQHC.
- Experience with financial audits and grant management.
- Minimum 5 years of experience in business or accounting management, or other related area.
- Minimum 5 years working in an executive administrative capacity.
- Advanced working knowledge of Excel including Pivot Tables, reports generation, imported data set generation, and production of financial statements.
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