Chief Financial Officer

Company: Community First Health Centers
Location: New Haven
Posted on: January 28, 2025

Job Description:

Are you a visionary financial leader with a passion for driving strategic growth and operational excellence? Community First Health Centers, a Federally Qualified Health Center with 50 years of health care experience in St. Clair and Macomb counties, is seeking a dynamic Chief Financial Officer (CFO) to join our executive team.As the CFO, you will play a pivotal role in shaping the financial future of our organization. You'll lead financial planning, participate in risk management, and capital strategies, ensuring sustainable growth and profitability. This is an opportunity to make a significant impact in a collaborative and innovative environment, working closely with the CEO and senior leadership to execute our ambitious goals.If you're ready to bring your expertise in financial strategy, leadership, and operational excellence to a company poised for its next phase of growth, we'd love to hear from you.The CFO is part of the Executive Team of the health center. Consistent with the health center's mission, the CFO has overall responsibility for directing the center's financial planning, accounting operations, and revenue cycle. In addition, the CFO provides oversight and direction related to facility needs. The CFO works closely with all department leaders and reports directly to the Chief Executive Director.Duties and Responsibilities:

• Develops appropriate plans and strategies to accomplish financial goals and objectives that advance the agency.
• Develops agency budgets for both internal operations and grant applications for approval.
• Provides accurate and timely monthly financial reporting for the CEO and the Board of Director's Finance Committee.
• Performs financial analysis and generates relevant reports that support decision making and planning.
• Completes all required third-party financial reporting related to finances including Medicare and Medicaid Cost Reporting on a timely basis.
• Provides analysis and recommendation for participation in Insurance Plans and Pharmacy (340B) contracts.
• Assists in the development of patient fees, sliding fee scales, and determination of patient eligibility criteria.
• Keeps informed about relevant laws and regulations that impact the operations of Community Health Centers through continuing education and development.
• Accounting and Billing Operations:
• Provides overall supervision and direction for the staff within the Finance and Billing Departments.
• Creates, implements, reviews and revises systems, policies, procedures, and internal controls necessary to ensure proper accounting practices in accordance with Generally Accepted Accounting Principles and the safeguarding of agency assets.
• Provides oversight of the Agency's revenue cycle to ensure maximum collections for services rendered.
• Provides oversight and direction of all payroll functions.
• Facilitates the completion of IRS form 990 for timely Board Review and submission.
• Participates in the preparation of the annual Uniform Data System (UDS) report and other grant reporting requirements.
• Responsible for obtaining bids on major equipment purchases and contractual services including professional services related to the agency's annual audit.
• Maintains adequate cash reserves to ensure day-to-day operations are not compromised.
• Recommends and monitors proper investments of cash reserves consistent with Board approved guidelines.
• Ensure expenditures are in line with approved budget and regulatory requirements.
• Coordinates the procurement of insurance necessary to protect the assets of the organization and to comply with applicable regulations.
• Coordinates the annual financial audit and responds to the auditor's requests for documentation necessary to complete the audit and tax returns.
• Facility needs:
• Provides overall supervision and direction to staff responsible for the maintenance and repair of agency facilities, equipment and vehicles.
• Ensures facilities, equipment, and vehicles are in good repair.
• Seeks and recommends necessary contractual relationships for the maintenance and repair of facilities, grounds, equipment and vehicles.
• General:
• Interacts regularly and effectively with department heads, communicate financial results and ensure financial needs are being met within budgetary constraints.
• Identifies and communicates financial opportunities that will increase revenue streams and/or result in expense reductions while supporting the agency's mission.
• Attends relevant meetings and presents financial information to participants.
• Key participant involved with Strategic Planning.
• Acts as liaison to member organizations and the financial community.
• Attends relevant conferences as suggested and approved by the CEO.
• Performs other related duties as assigned by the CEO.
• Responsible for ensuring compliance with 340B regulations.We offer a competitive compensation and benefits package including:--- Bi-Weekly Competitive Pay - salary scale for this position is $109,800-$137,200--- Excellent Health Insurance through BCBS with low premiums--- Dental insurance provided through Delta Dental--- Vision insurance provided through Pacific Life--- 100% company paid Short Term Disability Coverage, Long Term Disability Coverage, Life Insurance & AD&D Insurance--- 403(b) Thrift Savings Plan; 2% (up to 7%) annual salary employer contribution whether you participate or not.--- Generous Holiday, Vacation and Personal time--- Employee Recognition and Assistance ProgramsPosition RequirementsCredentials and ExperienceRequired:
  • Bachelor's Degree in Business Administration with emphasis on accounting
  • Five (5) years of financial experience
  • A minimum of three (3) years' healthcare experience and two (2) years in a supervisory capacity
  • Experience administering grants
  • Experience in working with accounting systems and PC based systemsPreferred:
    • Master's Degree in Finance or the equivalent
    • Certification as a Public Accountant (CPA)
    • Nonprofit experience
    • Health center experienceQualificationsTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
      • Strong knowledge and understanding of accounting and finance principles including but not limited to GAAP.
      • High level of competency in all necessary financial software including mainframe and systems.
      • Ability to maintain confidentiality in all matters.
      • Effective leadership skills that result in a successful attainment of the goals, objectives, and outcomes of the leader's division and the Agency as a whole.
      • High level of analytical and problem-solving abilities.
      • Capability to interface and maintain effective relationships with all programs, agencies and intra-Agency personnel.
      • Willingness to collaborate with and assist other Divisions in order to accomplish Agency goals.
      • Detail oriented, logical, and methodological approach to problem solving.
      • Flexible, with the ability to work independently and with minimal guidance.
      • Strong oral and written communication and presentational skills.
      • Excellent interpersonal and customer service skills, to effectively and tactfully deal with a diverse group of patients, staff, customers, and community groups.
      • Must participate in Quality Improvement activities.
      • Must maintain Basic Life Support certification.Full-Time/Part-Time: Full-TimeLocation: New HavenAbout the Organization: Community First Health Centers is a non-profit, Federal Qualified Community Health Center. We have been providing health care services through our nation's health center program since 1975. We service Macomb and St. Clair counties with offices in Algonac, New Haven & Port Huron. While our focus will always be on the underserved, our doors are open to the entire community in which we practice. Our mission is to provide high quality, patient centered health care that is respectful, compassionate and accessible to all members of our community. Our care is customized to each patient and offered in a 'patient first' atmosphere with exceptional customer service.EOE Statement: We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.This position is currently accepting applications.
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Keywords: Community First Health Centers, East Orange , Chief Financial Officer, Executive , New Haven, New Jersey