Financial Controller
4 weeks ago
Duties and Responsibilities:Develop and implement financial policies and procedures to ensure accurate and timely financial reporting.Manage the organization's financial accounting systems, including general ledger, accounts payable, accounts receivable, and payroll.Oversees the organization’s financial accounting systems and functions maintaining strong internal controls – resulting in a clean annual audit, in full compliance with generally accepted accounting principles (GAAP). Ensures compliance with HRSA accreditations as well as all other applicable FQHC and all federal regulations.Monitor cash flow, review financial statements, and prepare financial reports for senior management, the board of directors, and external stakeholders.Collaborate with the CEO, CFO, and COO to develop annual budgets and forecasts, providing guidance and support to department heads throughout the process.Prepare necessary regulatory cost reporting and keep current with rules, regulations, and reporting requirements for federal, state, and grant funders. Coordinate standards and integrates financial performance measures for clinic operations. Oversees financial tracking system, coordinated with our EHR and billing systems, to properly track revenue cycle management and patient revenue with the finance team.Oversee the finance systems: accounting, payroll, account payable, accounts receivable, and patient financial services monitoring expenditures.Supervise billing and collections function for all services rendered to patients.Provide supervision and execution in the preparation and posting of entries to the general ledger, accounts payable ledger, accounts receivable ledger and payroll.Responsible for the monitoring cash flow on a continual basis, preparation of bank reconciliations, audit of cash receipts, and audit of accounts receivable and payable.Prepare the operational financial and management reports on a monthly, quarterly, and annual basis.Prepare financial, regulatory, cost reimbursement, and special reports as required by government agencies and private third-party agencies.Ability to analyze and interpret government regulations specific to the health care industry and to Federally Qualified Health Centers and look-alikes.Knowledge of governmental cost principles, budgetary and reporting requirements, and auditing standards. Specific knowledge of not-for- profit accounting principles.Qualifications:Minimum of five years of experience in a financial leadership position in a public/private/nonprofit environment and experience as a member of senior management teams with excellent supervisory and coaching skills, and strong, facilitative leadership skills.Three years or more of health care accounting experience with a Federally Qualified Health Center or health care center of at least 50 employees is required.Bachelor’s degree in finance or equivalent experience. CPA preferred.Demonstrated financial leadership experience in a FQHC setting with strong analytical skills and experience working with and presenting to the Board of Directors. High personal and professional integrity. Experience and ability to work independently, as well as with and across all levels of management and line staff, and to influence and collaborate in a diverse and cross‐functional workplace. Excellent attention to detail, ability to communicate effectively and manage multiple deadlines and priorities.
Midwest Refuah Health Center is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, ethnicity, religion, sexual orientation, veteran status, national origin, pregnancy or related conditions, or disability. While performing the duties of this job, the employee is regularly required to talk or hear, sit, use hands, reach with hands and arms, stand, walk, walk up and down stairs, lift and/or move up to 25 pounds.
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