Job Description
The Chief Financial Officer (CFO) is responsible for all financial matters of La Clinica de La Raza, a nonprofit community healthcare organization. As the CFO, you will report to and work closely with the CEO. In addition, as a key member of the Executive Team you will partner with the CEO and Board of Directors to implement policies and strategies across the organization. You will oversee the financial, accounting, billing/registration and materials management functions of La Clinica. You must be able to adapt to a continually evolving environment and thrive in an autonomous, fast-pace, deadline-oriented workplace. Your effectiveness as a CFO will be measured by your ability to work effectively through others, to align people and strategy, and demonstrate sound judgment when tough decisions are necessary. Responsibilities include:
Finance
• Manage cash flow planning and ensure availability of funds as needed
• Manage cash, investments and asset management
• Manage financing strategies and activities, as well as banking relationships
• Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization`s operations and business plans
Planning and Policy
• Facilitate and prepare the annual budget
• Develop financial business plans and forecasts
• Develop and implement policies, procedures and systems
• Engage the finance committee of the Board of Directors to communicate and gain approval of short, and long-term financial plans, investment strategies and business plans
• Manage the relationships with financial partners, including financial institutions, investment managers, auditors, attorneys, vendors, public officials, etc.
• Remain up to date with State, Federal and local laws and regulations which impact Federally Qualified Health Centers (FQHCs)
Accounting and Administration
• Oversee the Accounting Department to ensure proper maintenance of all accounting systems and functions
• Ensure maintenance of appropriate internal controls and financial procedures and ensure compliance with all federal, state and local laws and regulations
• Ensure timeliness, accuracy, and consistency of financial and management reporting for Federal, State and County funders, and La Clinica`s Board of Directors; responsible for the preparation, analysis and communication of monthly and annual financial statements
• Partner closely with the Chief of Clinical Operations to identify best practices and process improvement initiatives to implement strategies for the entire revenue cycle management process
• Coordinate and participate in audits and ensure proper filing of tax returns
Required Skills
• Strong managerial skills – direct supervision of staff including hiring, development, coaching and performance management
• Excellent written and oral communications
• Excellent organization, analytical and abstract reasoning skills
• Must be able to utilize MS Office Suite with high proficiency in Excel
• Effective presentation skills with multiple stakeholder groups
Required Experience
The CFO will be an effective leader with at least 10 years of experience demonstrating progressively more responsible executive level experience in healthcare finance. The ideal candidate will have experience managing finance (accounting, budgeting, control, and reporting) for a complex nonprofit with multiple funding sources including government (Federal, State and County) contracts. The CFO will embody a unique blend of strategic and operational expertise.
• Requires a Master`s degree in Accounting or Finance or MBA from an accredited university. CPA is highly desirable
• Minimum of 10 years` experience with at least five (5) years` experience as CFO or equivalent, preferably in a Federally Qualified Health Center (FQHC) or community health organization with a budget of at least $75 million
• Experience with managed care, Medi-Cal/Medicare
• Experience in a senior financial-management role, partnering with executive staff, resulting in the development and implementation of creative financial management strategies
• Significant experience in or knowledge of nonprofit accounting, including sophisticated fund and grant accounting, compliance and reporting
• Proven ability to build and maintain strong relationships across functional areas
• Strong customer focus and results orientation
• Experience working with information technology staff to manage finance and accounting software
• Demonstrated leadership ability, team management, interpersonal skills and high emotional intelligence
• Knowledge of NextGen practice management system and EHR is highly desirable
La Clinica
Oakland, California, United States
Job Description
The Chief Financial Officer (CFO) is responsible for all financial matters of La Clinica de La Raza, a nonprofit community healthcare organization. As the CFO, you will report to and work closely with the CEO. In addition, as a key member of the Executive Team ...
Job Description
The Chief Financial Officer (CFO) is responsible for all financial matters of La Clinica de La Raza, a nonprofit community healthcare organization. As the CFO, you will report to and work closely with the CEO. In addition, as a key member of the Executive Team you will partner with the CEO and Board of Directors to implement policies and strategies across the organization. You will oversee the financial, accounting, billing/registration and materials management functions of La Clinica. You must be able to adapt to a continually evolving environment and thrive in an autonomous, fast-pace, deadline-oriented workplace. Your effectiveness as a CFO will be measured by your ability to work effectively through others, to align people and strategy, and demonstrate sound judgment when tough decisions are necessary. Responsibilities include:
Finance
• Manage cash flow planning and ensure availability of funds as needed
• Manage cash, investments and asset management
• Manage financing strategies and activities, as well as banking relationships
• Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization`s operations and business plans
Planning and Policy
• Facilitate and prepare the annual budget
• Develop financial business plans and forecasts
• Develop and implement policies, procedures and systems
• Engage the finance committee of the Board of Directors to communicate and gain approval of short, and long-term financial plans, investment strategies and business plans
• Manage the relationships with financial partners, including financial institutions, investment managers, auditors, attorneys, vendors, public officials, etc.
• Remain up to date with State, Federal and local laws and regulations which impact Federally Qualified Health Centers (FQHCs)
Accounting and Administration
• Oversee the Accounting Department to ensure proper maintenance of all accounting systems and functions
• Ensure maintenance of appropriate internal controls and financial procedures and ensure compliance with all federal, state and local laws and regulations
• Ensure timeliness, accuracy, and consistency of financial and management reporting for Federal, State and County funders, and La Clinica`s Board of Directors; responsible for the preparation, analysis and communication of monthly and annual financial statements
• Partner closely with the Chief of Clinical Operations to identify best practices and process improvement initiatives to implement strategies for the entire revenue cycle management process
• Coordinate and participate in audits and ensure proper filing of tax returns
Required Skills
• Strong managerial skills – direct supervision of staff including hiring, development, coaching and performance management
• Excellent written and oral communications
• Excellent organization, analytical and abstract reasoning skills
• Must be able to utilize MS Office Suite with high proficiency in Excel
• Effective presentation skills with multiple stakeholder groups
Required Experience
The CFO will be an effective leader with at least 10 years of experience demonstrating progressively more responsible executive level experience in healthcare finance. The ideal candidate will have experience managing finance (accounting, budgeting, control, and reporting) for a complex nonprofit with multiple funding sources including government (Federal, State and County) contracts. The CFO will embody a unique blend of strategic and operational expertise.
• Requires a Master`s degree in Accounting or Finance or MBA from an accredited university. CPA is highly desirable
• Minimum of 10 years` experience with at least five (5) years` experience as CFO or equivalent, preferably in a Federally Qualified Health Center (FQHC) or community health organization with a budget of at least $75 million
• Experience with managed care, Medi-Cal/Medicare
• Experience in a senior financial-management role, partnering with executive staff, resulting in the development and implementation of creative financial management strategies
• Significant experience in or knowledge of nonprofit accounting, including sophisticated fund and grant accounting, compliance and reporting
• Proven ability to build and maintain strong relationships across functional areas
• Strong customer focus and results orientation
• Experience working with information technology staff to manage finance and accounting software
• Demonstrated leadership ability, team management, interpersonal skills and high emotional intelligence
• Knowledge of NextGen practice management system and EHR is highly desirable