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Chief Financial Officer

1 month ago


Clemson, United States Recruiting Solutions Full time
POSITION SUMMARY
The Chief Financial Officer (CFO), under the direction of the Chief Executive Officer (CEO), is responsible for providing overall direction, vision, and leadership for the financial management and support services of the health center. The CFO will be directly responsible for assuring that the financial goals and objectives of the health center are fully implemented, and that the board approved financial policies and procedures are achieved.

ESSENTIAL DUTIES AND RESPONSIBILITIES (Included but not limited to the following);
  • Responsible for developing and maintaining sound fiscal policies and procedures.
  • Ensures effective financial record keeping and reporting systems, maintenance of internal control mechanisms, and management of the purchasing system.
  • Ensures effective financial management including annual budget preparation, submission of required federal, state and other financial documents in a timely manner.
  • Performs accounting duties in the creation and maintenance of the general ledger, all supporting subsidiary ledgers and other detailed accounting records needed for the preparation of accurate financial reports for internal and external use.
  • Responsible for developing, implementing and enforcing billing and collections policies and procedures, as well as streamlining effective billing and collections processes across the organization.
  • Ensures the accuracy and timely completion of routine month-end closing activities for the billing/practice management information system.
  • Responsible for processing Federal grant draws and filing quarterly reconciliations with the Department of Payment Management at DHHS.
  • Maintains accurate records of all corporate bank accounts and financial transactions, including reconciliations.
  • Prepares annual operating revenue and expense budgets, capital budgets and personnel budgets in coordination with the CEO and the Senior Management team (yearly, revised and supplemental).
  • Prepares specialized financial reports (UDS, Medicare and Medicaid Cost, etc.) and cost analysis as needed.
  • Supervises accounting personnel and ensures that all accounting, payroll, and accounts payable procedures are performed in a timely manner and on a routine basis.
  • Supervises the processing of invoices and other payables for payment and presents to the CEO for final approval.
  • Supervises billing personnel and ensures that all billing and collections procedures are performed in a timely manner and on a routine basis.
  • Monitors the purchasing process as approved by the CEO.
  • Attends monthly Board of Directors meeting and provides written/verbal reports to the Board of Directors at each Board meeting on Center financial status and progress toward corporate strategic objectives. Notes items requiring action and recommends strategies as requested.
  • Serves as the staff representative on the Board of Director's Finance Committee.
  • Participates in orientation and ongoing education of Board members, promoting board understanding of their specific responsibilities related to Center finances.
  • Assures that sound financial policies, procedures and practices are implemented and maintained, including regular performance evaluations of finance department employees.
  • Assists with preparation and submission of grant applications, as required.
  • Assists with maintaining compliance with all laws, regulations, and guidelines related to the delivery of health services in a federally funded health center.
  • Handles all communication in a positive and professional manner.
RELATIONSHIP WITH CEO
  • Collaborates with the CEO to develop and sustain a dynamic planning process that includes:
        1. Analyzing the financial environment
        2. Assessing service needs
        3. Operationalizing mission, goals and policies and procedures
        4. Developing strategic objectives
        5. Estimating costs
        6. Assigning responsibilities
        7. Evaluation results
  • Info rm the CEO of national, state, community and health center issues that affect the organization's viability.
  • Collect and provide the CEO with timely and relevant operational information and data to facilitate decision-making and evaluation.
  • Assist/support the CEO with strategic/tactical financial matters.
  • Represent the organization and its interests to the larger community.
  • Work with the CEO to build coalitions with other organizations.

COMPETENCIES
To perform the job successfully, an individual should demonstrate the following competencies:
  • Excellent interpersonal communication, mediation and leadership abilities.
  • Highly developed organizational skills.
  • Ability to work independently without supervision is required.
  • Ability to manage multiple projects concurrently
  • Extensive knowledge and understanding of health care administration and financial management.
  • Ability to work within a complex environment, with a variety of individuals, with varying needs
  • and skills.


QUALIFICATIONS
The Chief Financial Officer position requires a strong knowledge of operational activities and finance. The core areas of knowledge and skills required are as follows:
Management and leadership
Business and strategic planning
Organizational development
Coordinating activities and resources
Performance Improvement theory
Clinical awareness/knowledge

EDUCATION AND EXPERIENCE
  • Master's Degree in Accounting, Finance or Business Administration, along with at least five (5) year's in accounting at a managerial level.
  • A Bachelor's Degree in Accounting, Finance or Business Administration with a minimum of five (5) or more year's progressive experience in a healthcare setting managing multiple departments or functional areas.
  • Must be proficient in written and verbal communication skills.
  • Must have proven ability to establish and maintain effective working relationships with administrative and clinical staff and community.
  • Ability to maintain confidential information concerning personal, financial, or medical matters.
  • Must have knowledge of technical and professional skills management, as well as general principles of human resource management, including performance evaluations and succession planning.
  • Participates in staff development programs required by the company and area of practice.
  • Assists in the orientation/training of new and current staff.
  • Must be able to work an extended schedule or business hours as necessary.

BENEFITS:
We are proud to offer full benefits to include medical, dental, and vision along with a generous PTO plan and 401k with matching capabilities