What are the responsibilities and job description for the Chief Financial Officer CFO position at Broward Community & Family Health Centers, Inc.?
Broward Community & Family Health Centers, Inc. (BCOM) is seeking a highly experienced and strategic Chief Financial Officer (CFO) to join our leadership team. The CFO will oversee the Finance and Managed Care Departments, working to ensure financial operations align with statutory regulations and industry best practices. This individual will play a pivotal role in strategic planning, financial reporting, budgeting, and optimizing reimbursement structures, contributing directly to the organization's growth and operational efficiency.
Responsibilities
- Oversee the Finance and Managed Care Departments, ensuring the implementation of proper accounting systems and timely preparation of financial statements in accordance with GAAP.
- Serve as a key contributor to company-wide strategic planning, analyzing market trends and financial climates to assist senior leadership in decision-making.
- Actively represent the organization at key events and conferences, showcasing financial leadership to external stakeholders.
- Participate in the organization's strategic planning process and act as a liaison between the health center, billing, and Managed Care Plans.
- Ensure compliance with all statutory regulations and legislation governing financial practices.
- Oversee company-wide budgetary planning, including preparation for FQHC Grant budgets, Operational Budgets, and other assigned financial projects.
- Review journal entries, balance sheet reconciliations, and financial reports.
- Monitor and adhere to departmental budgets while managing day-to-day operations such as payroll, invoicing, and financial data tracking.
- Implement effective protection practices for patient health information in compliance with HIPAA Privacy Rule policies.
- Negotiate and implement reimbursement structures and new plans.
- Manage contract renewals, analyze performance, and identify improvements.
- Ensure timely provider credentialing with Medicaid, Medicare, and managed care plans.
- Review reports, interpret data, and strategize with Managed Care staff.
- Oversee compliance, reimbursement reviews, and underpayment recoupment to optimize revenue.
Qualifications
- Bachelor’s degree in accounting, Finance, Health Care Administration, Business Administration, or a related field. Master’s degree preferred.
- Minimum of 10 years of experience in senior management within a federally qualified community health center or similar healthcare setting.
- Comprehensive understanding of healthcare industry practices, compliance, and financial systems.
Benefits And Leave
- Competitive Salary
- Paid Health, Dental, Life insurance
- Paid Vacation and sick leave
- 401k Retirement Plan w/Company Match
- Paid Holidays
