Vivo HealthStaff is recruiting for a Chief Financial Officer for a Community Health Organization in the San Francisco Bay Area.
The CFO reports directly to the CEO and regularly interacts with the Board of Directors (BOD). This role is critical in maintaining the financial health and sustainability of the organization. The CFO oversees all financial operations ensuring compliance with state and federal regulations as well as grant requirements. Key responsibilities include leading the annual budgeting process preparing monthly financial statements and performance reports for the BOD and internal management and ensuring compliance with reporting requirements for various funding sources.
The CFO establishes and maintains accounting principles practices and procedures in accordance with generally accepted accounting principles (GAAP). This role involves maintaining all financial records analyzing financial and statistical data and providing insights into operating results including costs budgets policies trends billing collections and revenue opportunities.
Responsibilities:
- Maintains accurate financial records in accordance with GAAPcompliant policies and procedures.
- Monitors financial performance and ensures timely and accurate financial reporting.
- Presents financial statements and audits to the CEO and BOD.
- Works with the executive leadership team to develop the annual budget and oversees financial performance relative to the budget. Manages auditing accounting purchasing insurance investing and longrange forecasting processes.
- Monitors monthly billings to grantor sources and ensures timely submission of required reports and deposits.
- Establishes and ensures compliance with internal financial controls to safeguard assets.
- Provides timely and accurate financial reports to federal state county and local agencies.
- Serves as staff to the Finance Committee of the BOD.
- Directs studies on economic business and financial conditions analyzing their impact on organizational policies and operations.
- Oversees the preparation and publication of the organization’s annual report.
- Provides direction supervision and evaluation for finance department staff promoting teamwork with other departments.
- Participates in the executive leadership team to develop organizational goals strategies policies and activities. Leads strategic growth research and proforma development when requested by the CEO.
- Attends BOD and Finance Committee meetings as directed by the CEO.
- Performs other duties as assigned.
Supervisory Responsibilities:
Directly supervises the Controller and Director of Patient Accounts who manage the Accounting and Billing departments including Patient Revenue Cycle Accounts Payable and Purchasing.
Responsibilities include:
- Interviewing hiring and training staff.
- Planning assigning and directing work.
- Evaluating performance rewarding and disciplining employees.
- Resolving complaints and addressing problems.
Qualifications:
Education and Experience:
- Bachelor’s degree in accounting or business administration required; master’s degree and CPA credential preferred.
- Minimum of 510 years of management accounting and financial leadership experience in healthcare and/or nonprofit environments.
- Experience with public and private grants including related accounting reporting and review processes.
- Federally Qualified Health Center (FQHC) experience required.
- Knowledge of PPS reimbursement PPS rate setting PPS reconciliation Medicare cost reporting 340B programming and FQHC APM highly desirable.
- Experience with California’s MediCal program and PPS rate adjustments preferred.
- Proven ability to develop and implement systems and procedures in a growing organization.
Required Skills and Abilities:
- Strong financial acumen with expertise in healthcare finance and reimbursement.
- Proficiency in financial modeling and trend analysis.
- Knowledge of information systems preferred.
- Indepth understanding of FQHC regulations and compliance.
- Effective leadership skills fostering accountability and high performance.
- Strong written and verbal communication skills including the ability to present financial data to nonfinancial stakeholders.
- Familiarity with change management principles in healthcare.
- Commitment to ethical and transparent financial practices.
- Analytical and problemsolving skills with a focus on datadriven decisionmaking.
- Strategic thinking to support longterm organizational vision and mission.
Physical Requirements and Working Conditions:
- Primarily officebased requiring extended periods at a desk using a computer.
- Occasional travel to clinic sites and for meetings training or conferences.
- May require extended hours during budget cycles audits and other deadlines.