CFO

About the role

The Co-CFO provides executive financial leadership to the organization, including planning, organizing, coordinating, and directing all aspects of the Finance department. They lead FQHC financial strategy, including PPS optimization, wrap reconciliation, and reimbursement maximization. They oversee HRSA Section 330 grant financial management and compliance.

Responsibilities

• Participates on the Executive Team to develop and implement strategic objectives in support of the organization’s mission, strategic plan and objectives.
• Leads value-based payment strategy and managed care financial modeling.
• Owns enterprise revenue cycle performance including Key Performance Indicators (KPIs).
• Develops long-term financial plans including service line profitability and expansion.
• Provides financial analytics and dashboards for decision-making.
• Leads Board Finance Committee engagement.
• Selects, trains, orients, and supervises departmental personnel.
• Recommends merit increases, promotions and disciplinary actions.
• Develops, implements, evaluates and revises, as necessary, company-wide and departmental financial policies and procedures.
• Supervises the preparation of budgets, to include the annual Operating, Capital, and Cash budgets, as well as non-routine budgets in support of grant applications.
• Supervises the preparation of annual and interim financial statements in accordance with Generally Accepted Accounting Principles (GAAP).
• Supervises or performs financial analyses and keeps the Board of Directors, the Chief Executive Officer and other appropriate parties apprised of the Corporation’s financial position.
• Supervises the preparation and assures timely submission of the Medicaid and Medicare cost reports, Consolidated Fiscal Report (Article 16), and the MCVR Annual Report.
• Supervises the purchasing and information technology functions.
• Supervises and assures timely completion of required external audits.
• Ensures that adequate general liability and property insurance are maintained to protect the organization’s assets.
• Participates in professional development activities and maintains professional affiliations.
• Serves as Administrator of the Group 403B Pension Plan.
• Responsible for implementing state-of-the-art systems to further financial functions across department.
• Collaborate with Human Resources for benefits, pension, and payroll.

Qualifications

• Advanced knowledge of FQHC reimbursement including PPS, APGs, and NY Article 28, 31, 16 frameworks (DOH, OMH, OPWDD).
• Experience with financial systems modernization and BI tools.
• Knowledge of the principles and practices of health care administration, fiscal management and government regulations and reimbursements.
• Knowledge of revenue & reimbursement methodologies.
• Knowledge of the principles and practices of employee development sufficient to manage the department.
• Knowledge of computer systems, programs and applications.
• Ability to exercise a high degree of initiative, judgment and discretion.
• Ability to analyze situations accurately and take action.
• Ability to establish and maintain effective working relationships.
• Ability to organize work, delegate and achieve goals and objectives.
• Ability to identify, analyze and resolve financial problems.
• Ability to evaluate and make recommendations for continuous quality improvement.
• Ability to research, analyze, interpret complex data and present comprehensive reports.
• Ability to communicate clearly and effectively orally and in writing.
• Masters degree in Finance, Accounting, Health Care Administration, Business Administration, or comparable field is required.
• CPA, CPC, COC, or similar certification is preferred.
• Minimum of ten years’ experience including seven years in a healthcare.
• FQHC experience strongly preferred.