Demo

Chief Financial Officer

Community First Health Centers
New Haven, MI Full Time
POSTED ON 1/22/2025
AVAILABLE BEFORE 2/19/2025
Are you a visionary financial leader with a passion for driving strategic growth and operational excellence? Community First Health Centers, a Federally Qualified Health Center with 50 years of health care experience in St, Clair and Macomb counties, is seeking a dynamic Chief Financial Officer (CFO) to join our executive team.

As the CFO, you will play a pivotal role in shaping the financial future of our organization. You'll lead financial planning, participate in risk management, and capital strategies, ensuring sustainable growth and profitability. This is an opportunity to make a significant impact in a collaborative and innovative environment, working closely with the CEO and senior leadership to execute our ambitious goals.

If you're ready to bring your expertise in financial strategy, leadership, and operational excellence to a company poised for its next phase of growth, we’d love to hear from you.

The CFO is part of the Executive Team of the health center. Consistent with the health center's misison, the CFO has overall responsibility for directing the center's financial planning, accounting operations, and revenue cycle. In addition, the CFO provides oversight and direction related to facility needs, The CFO works closely with all department leaders and reports directly to the Chief Executive Director.

Duties And Responsibilities

  • Financial Planning.
    • Develops appropriate plans and strategies to accomplish financial goals and objectives that advance the agency.
    • Develops agency budgets for both internal operations and grant applications for approval.
    • Provides accurate and timely monthly financial reporting for the CEO and the Board of Director’s Finance Committee.
    • Performs financial analysis and generates relevant reports that support decision making and planning.
    • Completes all required third-party financial reporting related to finances including Medicare and Medicaid Cost Reporting on a timely basis.
    • Provides analysis and recommendation for participation in Insurance Plans and Pharmacy (340B) contracts.
    • Assists in the development of patient fees, sliding fee scales, and determination of patient eligibility criteria.
    • Keeps informed about relevant laws and regulations that impact the operations of Community Health Centers through continuing education and development.
  • Accounting and Billing Operations.
    • Provides overall supervision and direction for the staff within the Finance and Billing Departments.
    • Creates, implements, reviews and revises systems, policies, procedures, and internal controls necessary to ensure proper accounting practices in accordance with Generally Accepted Accounting Principles and the safeguarding of agency assets.
    • Provides oversight of the Agency’s revenue cycle to ensure maximum collections for services rendered. This includes the timely preparation of regular billing statements to patients and payors and necessary follow-up on payment. Also reviews write-offs and contractual adjustments for appropriateness and implements necessary practices to minimize such deductions.
    • Provides oversight and direction of all payroll functions.
    • Facilitates the completion of IRS form 990 for timely Board Review and submission.
    • Participates in the preparation of the annual Uniform Data System (UDS) report and other grant reporting requirements.
    • Responsible for obtaining bids on major equipment purchases and contractual services including professional services related to the agency’s annual audit.
    • Maintains adequate cash reserves to ensure day-to-day operations are not compromised.
    • Recommends and monitors proper investments of cash reserves consistent with Board approved guidelines.
    • Ensure expenditures are in line with approved budget and regulatory requirements.
    • Coordinates the procurement of insurance necessary to protect the assets of the organization and to comply with applicable regulations.
    • Coordinates the annual financial audit and responds to the auditor’s requests for documentation necessary to complete the audit and tax returns.
  • Facility needs.
    • Provides overall supervision and direction to staff responsible for the maintenance and repair of agency facilities, equipment and vehicles.
    • Ensures facilities, equipment, and vehicles are in good repair.
    • Seeks and recommends necessary contractual relationships for the maintenance and repair of facilities, grounds, equipment and vehicles.
  • General.
    • Interacts regularly and effectively with department heads, communicate financial results and ensure financial needs are being met within budgetary constraints.
    • Identifies and communicates financial opportunities that will increase revenue streams and/or result in expense reductions while supporting the agencies’ mission.
    • Attends relevant meetings and presents financial information to participants. Meetings to include regularly scheduled leadership meetings, Finance Committee and Borad of Director Meetings, as well as other meetings as needed.
    • Key participant involved with Strategic Planning.
    • Acts as liaison to member organizations and the financial community.
    • Attends relevant conferences as suggested and approved by the CEO.
    • Performs other related duties as assigned by the CEO.
    • Responsible for ensuring compliance with 340B regulations.
We offer a competitive compensation and benefits package including;

  • Bi-Weekly Competitive Pay - salary scale for this position is $109,800-$137,200
  • Excellent Health Insurance through BCBS with low premiums
  • Dental insurance provided through Delta Dental
  • Vision insurance provided through Pacific Life
  • 100% company paid Short Term Disability Coverage, Long Term Disability Coverage, Life Insurance & AD&D Insurance
  • 403(b) Thrift Savings Plan; 2% (up to 7%) annual salary employer contribution whether you participate or not.
  • Generous Holiday, Vacation and Personal time
  • Employee Recognition and Assistance Programs

Community First Health Centers: Improving the quality of life for our community!!

Equal Opportunity Employer

Salary : $109,800 - $137,200

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Chief Financial Officer?

Sign up to receive alerts about other jobs on the Chief Financial Officer career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$173,200 - $238,103
Income Estimation: 
$183,855 - $273,017
Income Estimation: 
$266,435 - $399,322
Income Estimation: 
$324,621 - $462,386
Income Estimation: 
$324,621 - $462,386
Income Estimation: 
$439,981 - $947,023
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Not the job you're looking for? Here are some other Chief Financial Officer jobs in the New Haven, MI area that may be a better fit.

Chief Financial Officer

LSPedia Inc, Farmington, MI

Chief Financial Officer

Integra Partners, Troy, MI

AI Assistant is available now!

Feel free to start your new journey!