Chief Financial Officer
4 weeks ago
The Chief Financial Officer will lead the financial management of Crescent Community Health Center, including responsibility for budgeting, accounting, financial statements, fee structures, managing accounts receivable, monitoring the financial status of the clinic, ensuring appropriate reimbursement, maintaining internal controls, ensuring a successful annual audit, financial management of grants, performing financial/program analyses, and updating policies and procedures.
Key Responsibilities- Participate in the development and implementation of the mission, vision, and values of Crescent Community Health Center, including the delivery of high-quality, focused care.
- Responsible for the financial management of Crescent Community Health Center, including responsibility for budgeting, accounting, financial statements, fee structures, managing accounts receivable, monitoring the financial status of the clinic, ensuring appropriate reimbursement, maintaining internal controls, ensuring a successful annual audit, financial management of grants, performing financial/program analyses, and updating policies and procedures.
- Maintain effective revenue cycle processes to keep patient accounts receivable at an acceptable level, increase cash flow, and apprise the CEO, Finance Committee, and Board of Directors of cash flow forecasts.
- Maintain a thorough working knowledge of federal, state, and managed care reimbursement payment methodologies and understanding new payment methodologies and alternate payment methodologies.
- Keep up to date with federal statutes surrounding participation in Medicare and Medicaid programs, including but not limited to EMTALA, Medicare fraud and abuse issues, Star legislation, and IRS guidelines pertaining to the operation of not-for-profit entities.
- Prepare financial and statistical reports as required by the CEO, Finance Committee, Board of Directors, and State/Federal regulations and program requirements.
- Analyze and recommend changes in financial systems, policies, and procedures and ensure their implementation.
- Ensure that all accounting activities and operations are performed in compliance with local, state, and federal regulations and laws governing business operations.
- Monitor capital asset expenditures and depreciation; prepare annual operating budget with input and involvement at the departmental level as well as capital budgets and cash flow projections; arrange lines of credit and maintain proper banking relationships; and adhere to Crescent Community Health Center corporate compliance standards and procedures.
- Provide proactive, sound guidance regarding management of assets and investments, and financial trends within the organization.
- Provide a strong day-to-day leadership presence for all finance department staff, supporting an open-door policy, and coordinate all performance management for direct reports.
- Act as management liaison to the Finance Committee and engage the Committee in budget development and short- and long-term financial plans and projections.
- Represent the Finance Department at Board of Director and Committee meetings to discuss the financial health of the organization.
- Master's degree in business administration, finance, or accounting preferred, Bachelor's degree in accounting from an accredited college or university required.
- A minimum of five years of executive-level management and accounting experience in the healthcare field with increased levels of responsibility (including familiarity with A-133 non-profit federal account procedures) required.
- Preference for individuals with 5-7 years of senior financial leadership experience in an FQHC setting.
- Thorough knowledge of accounting processes and procedures, including experience with computerized accounting systems.
- A minimum of five years of proven supervisory experience, including all aspects of performance management.
- Proficiency with Microsoft Outlook, Word, and Excel; basic knowledge of PowerPoint.
- Familiarity with SAGE and MIP Accounting software preferred.
- Familiarity with HRSA EHB, HRSA UDS, and HRSA FFR preferred. EPIC Revenue Cycle and Dashboards also preferred.
- Strong organizational skills and the ability to manage multiple priorities in a high-volume environment.
- Proven interpersonal and communication skills, including the ability to form constructive and effective relationships with colleagues and partners.
- Demonstrated ability to establish and maintain communication and strong working relationships with the Board of Directors at Board and Committee meetings, IPCA staff, community partners, the leadership team, employees, patients, providers, and other organizations.
- Knowledge of accreditation standards for managed care organizations, e.g., NCQA, and Federal, State, and local requirements for FQHC and managed care organizations preferred.
- Familiarity with Insurance, Insurance policies, management of Insurance portfolio, including liability, officers, property, cyber, workers' comp.
Crescent Community Health Center offers a competitive salary and benefits package, including health insurance, dental insurance, vision insurance, life insurance, paid sick leave, and PTO (Paid Time Off).
We are an equal opportunity employer and welcome applications from diverse candidates.
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