What are the responsibilities and job description for the Chief Financial Officer position at Charles River Community Health?
Career Opportunities with Charles River Community Health Inc
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CLASSIFICATION / STATUS : Exempt, FT, 40 hours
IMMEDIATE SUPERVISOR : Chief Executive Officer
SUPERVISORY RESPONSIBILITIES : Controller or equivalent, Director Patient Accounts, Grants Manager
PAY RANGE : Band 8 ($160,000 - $225,000 / year)
WHO YOU ARE : YOUR ROLE & IMPACT
As part of a dynamic team at Charles River Community Health (CRCH), a Federally Qualified Health Center (FQHC) providing compassionate care to underserved communities, the Chief Financial Officer (CFO) provides strategic leadership in the areas of accounting, patient revenue cycle, finance, planning, budgeting, grants management, financial reporting and administration. In this capacity, the CFO oversees the financial accounting, auditing, billing / collections, fee-for-service and value-based payer contracts management, grants management, reporting, and accounts receivable and payable functions at the Health Center, and staffs the Board of Directors’ Finance Committee.
In addition to being an excellent health care finance and accounting professional, the CFO is expected to be a collaborative and supportive member of the Senior Leadership Team and champion organizational events, needs, and change management initiatives. The CFO is expected to be a champion of the organization’s mission, vision, and strategic priorities. Like all Charles River employees, the CFO fosters a culture where patient care is prioritized and all employees feel genuinely supported and valued.
YOUR RESPONSIBILITIES :
- Steward a culture where patient care is prioritized and all employees feel genuinely supported and valued.
- Executive oversight of all financial aspects of the delivery of Health Center services.
- Implements plans, programs, standards, procedures and policies and updates same as needed to comply with funder and regulatory requirements.
- Evaluates Health Center financial and operational performance and develops standards, procedures, and policies to improve efficiency, productivity, and patient service.
- Executive oversight of timely and accurate preparation of financial statements for internal use, as well as cost reports and other financial reports required by funding and regulatory agencies.
- Ensure budget and other financial materials are easy to comprehend and user-friendly to internal managers with various levels of financial knowledge.
- Develops departmental- and site-specific contribution margin models to support department chiefs and SLT with decision-making.
- Executive oversight of the preparation of the organization’s year end audit, including A-133 audit, and 403(b) testing and compliance in partnership with HR.
- Executive oversight of the preparation and filing of corporate federal and state tax returns.
- Executive oversight of the preparation of Health Center’s annual operating and capital budgets; and submits regular budget updates and analysis to the Senior Leadership Team and Board.
- Executive oversight of cash flow planning to ensure positive liquidity and availability of funds as needed.
- Ensures adequate controls are in place and that substantiating documentation is approved and available.
- Executive oversight of grant funding from prospective applications through to post award budget adjustments and reporting.
- Evaluation of payer contracts to meet organization strategic priorities and needs.
- Hires, trains, supervises, and evaluates Accounting, Billing, and Grant staff in accordance with personnel policies.
- Actively identifies changes in Federal, State, and local reimbursement and regulations and makes recommendations for change.
- Executive oversight of Health Center’s various non-clinical insurance policies; evaluates adequacy and costs.
- Works collaboratively with Senior Leadership Team and staff in meeting HRSA, DPH, NCQA Patient Centered Medical Home recognition and other regulatory and / or funding requirements.
- Supports evaluation of the health center’s strategic options for growth and partnership.
- Other duties as assigned.
QUALIFICATIONS, TRAITS, COMPETENCIES
WHO WE ARE AND WHAT WE DO
Charles River Community Health’s mission is to partner with individuals and families so they can thrive and lead healthier lives by delivering the comprehensive, integrated, and equitable primary healthcare that matters most to them.
CRCH is a comprehensive practice providing medical, pharmacy, dental, behavioral health, optical, and vision services to diverse underserved local communities.
OUR PROMISE
If you are passionate about providing access to quality and compassionate care to the underserved, you will find your career rewarding and impactful.
OUR BENEFITS & PERKS
Medical & Dental Insurance
Short & Long-term Disability Insurance
Generous Paid Time Off
Flexible Spending Account
Professional Development Opportunities
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Salary : $160,000 - $225,000