What are the responsibilities and job description for the Chief Financial Officer position at Seattle Roots Community Health?
Chief Financial Officer
Salary: $159,000 – $224,000 Annual Salary. The salary scale for this position is between steps 0 and 19, depending on experience. This is an exempt salary position, 40 hours a week. Applicants must pass an extensive background check.
Our Organization
Seattle Roots Community Health is a not-for-profit organization dedicated to providing comprehensive, culturally responsive healthcare services to underserved communities in Seattle. With a rich history dating back to the 1970s, when our Carolyn Downs Family Medical Center and Country Doctor Community Clinic were founded by local activists, we have been committed to advancing health equity and social justice. Today, we operate a network of healthcare facilities, including primary care clinics, an After-Hours Clinic, School-Based Health Centers, a low-barrier Medication-Assisted Treatment clinic, and a Dental Clinic, all designed to provide high-quality care regardless of a patient's ability to pay.
Position Overview:
The Chief Financial Officer (CFO) is responsible for the accounting and finance activities of Seattle Roots Community Health (Seattle Roots), financial and cost reporting and analysis, asset and inventory control, audits and other financial functions as delegated by the Chief Executive Officer.
Ability to Relocate to: Seattle, WA (Relocation is required prior to start date.)
Work Location: 500 19TH AVE E, Seattle, WA, 98112-4007, United States
- In-person attendance required with a hybrid option (1 day from home, 4 days in the office)
Job Type: Full Time, Exempt
Responsibilities
- Ensure Financial Readiness: Prepare Seattle Roots for upcoming changes in healthcare-related financial activities to ensure financial readiness.
- Treasury Management: Provide cash management and oversight and maintain banking relationships.
- Produce Timely Reports: Oversee the accurate and timely preparation of statistical and financial reports for management, Board use, and grant compliance.
- Update Financial Systems: Continuously update and enhance financial management systems to meet current healthcare and funding requirements.
- Coordinate Regulatory Audits: Ensure timely audits of all financial systems to meet regulatory standards.
- Manage Contracts and Billing: Oversee billing processes for contracts, including the establishment and negotiation of rates at initiation and renewal.
- Oversee Revenue Cycle Operations: Manage all aspects of the revenue cycle to maximize financial performance.
- Submit Required Reports: Ensure timely preparation and submission of required reports, including Medicare and Medicaid Cost Reports, UDS, FFR, and other compliance-related documentation.
- Grant Compliance: Oversee all financial requirements for active grants to ensure compliance.
- Maintain Asset Records: Manage the fixed asset log and ensure the depreciation schedule is up to date.
- Maintain Accounting Documentation: Prepare and regularly update the organization’s accounting manual.
- Lead Budgeting Efforts: Provide strategic guidance and oversee the preparation of annual budgets and any necessary budget revisions.
- Executive Leadership Team Member: Serve as a key member of the Executive Leadership Team, contributing to organizational strategy and decision-making.
- Ensure Policy Compliance: Adhere to and uphold all of the Health Center’s written standards, including its Standards of Conduct, operational policies, and procedures. Report any suspected noncompliance.
- Emergency Preparedness: Actively participate as a contributing member of the emergency preparedness team under the Incident Command System.
- Uphold Confidentiality: Maintain the highest level of confidentiality in all financial and organizational matters.
- Other duties as assigned.
Qualifications
- Bachelor’s degree in Accounting, Finance, or Business Administration or equivalent experience preferred.
- Experience in health center finance, ideally within a Federally Qualified Health Center (FQHC)
- Minimum of 5 years of supervisory experience or in a senior leadership role.
Knowledge, Skills, and Abilities:
- Strong communication, both written and oral
- Strong analytical skills with attention to detail and accuracy
- Proficiency in accounting software and Microsoft Office Suite, especially Excel
- Proficiency in financial management software
- Experience with MIP preferred
- Advanced skills in financial modeling, budgeting, and forecasting
- Ability to analyze complex financial data and align financial strategy with organizational goals
NOTE: This position description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee. Duties, responsibilities, and activities may change, or new ones may be assigned at any time, with or without notice.
Equal Employment Opportunity Policy
Employer provides equal employment opportunity and treatment regardless of race, religion, color, creed, sex (including pregnancy, lactation, childbirth or related medical conditions), sexual orientation, age (40 and over), gender identity, national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed servicemember status or any other status protected by federal, state or local law. Employer conforms to the spirit as well as to the letter of all applicable laws and regulations. These protections extend to all management practices and decisions, including recruitment and hiring, appraisal systems, promotions, training, and career development programs.
Benefits
- Medical Insurance
- Vision Insurance
- Dental Insurance
- Basic Life/Accidental Death & Dismemberment (Life/AD&D)
- Supplemental Life/AD&D
- Basic Long-Term Disability (LTD) insurance
- Buy-Up Long-Term Disability
- Life Insurance
- Health and Dependent Care Flexible Spending Account (FSA)
- 401K Retirement Plan
- ORCA pass subsidy covering up to 80% of the cost
- Paid Time Off
- Sick Leave
- Paid Holidays
- Personal Day Off
- Extensive support for your health and financial well-being
Salary : $159,000 - $224,000