Vice President of Finance
2 weeks ago
Background: Cahaba Medical Care Foundation is a recognized Federally Qualified Health Center dedicated to delivering comprehensive medical, pharmacy, dental, and behavioral health services to underserved populations across Alabama.
Purpose: We are in search of a Vice President of Finance to formulate and execute financial strategies that align with the organization's mission and objectives.
Key Responsibilities:
- Formulate and execute financial strategies
- Oversee accounting and reporting systems
- Coordinate auditing processes
- Enhance cash flow management
- Supervise grant activities
- Ensure effective revenue cycle management
- Generate financial reports
- Collaborate with HR on payroll matters
- Review and negotiate contracts
- Provide financial insights during events
Financial Planning and Analysis:
- Create financial forecasting models
- Conduct thorough financial analysis
- Supervise the budgeting process
- Monitor performance against established budgets
- Develop models for profitability analysis
Strategic Planning and Leadership:
- Formulate and implement strategic initiatives
- Assess financial implications of decisions
- Evaluate organizational performance metrics
- Guide decisions on capital allocation
- Prepare agendas for meetings
Risk Management and Compliance:
- Supervise compliance with regulatory requirements
- Ensure adherence to financial reporting standards
- Identify and mitigate financial risks
- Implement robust internal control systems
Board Relations and Reporting:
- Prepare comprehensive financial reports for the Board
- Communicate financial performance to Board members
- Lead the Finance Committee initiatives
- Develop and enforce financial policies and procedures
Team Leadership:
- Provide guidance and mentorship to finance staff
- Share constructive performance feedback
- Engage in cross-departmental collaboration
Qualifications: The ideal candidate will possess extensive leadership experience in finance, with a strong understanding of GAAP compliance, revenue cycle management, and financial analysis.
Work Environment: Cahaba Medical Care Foundation promotes a nicotine-free workplace and adheres to TB screening policies.
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