Demo

Chief Financial Officer

Southwest Community Health Center
Bridgeport, CT Full Time
POSTED ON 1/14/2025
AVAILABLE BEFORE 4/2/2025

Job Title : Chief Financial Officer

Reports To : President / CEO

Apply fast, check the full description by scrolling below to find out the full requirements for this role.

FLSA Status : Exempt

Summary : The Chief Financial Officer position is responsible for the oversight of all financial and related risk management operations of SWCHC; the development of financial policies and procedures, budgets, and operational strategies pursuant to SWCHC mission; and the ongoing development and monitoring of financial control systems designed to preserve company assets and report accurate financial results.

Specific Duties and Responsibilities : All duties are subject to accommodation in accordance with the American Disability Act (ADA).

Planning

  • Assist in formulating the company's future direction and supporting tactical initiatives with President / CEO, Corporate Officers and Board of Directors
  • Monitor and direct the implementation of strategic business plans
  • Develop and monitor financial strategies
  • Manage capital requests and annual budgeting processes, including federal and state grants
  • Develop and monitor performance measures that support the company's strategic direction or are required by federal / state regulation

Operations

  • Participate in key decisions as a member of the executive management team
  • Maintain in-depth relations with all members of the management team
  • Oversee the accounting and billing department functions and staff
  • Oversee the company's transaction processing systems
  • Implement operational best practices, including revisions to financial policy and procedures
  • With Chief People Officer, oversee competitive and effective benefits and compensation strategies
  • With Chief Operations Officer, develop comprehensive liability insurance
  • With Chief Medical Officer, advise on optimizing provider schedule utilization
  • Staff Board of Directors Financial Committee and Audit Committee
  • Financial Information

  • Oversee the issuance of all financial information
  • Report financial results to the Board of Directors Finance Committee and full Board of Directors
  • Risk Management

  • Construct and monitor reliable financial control systems
  • Ensure that the company complies with all federal, state and banking regulatory requirements, including Federal Super Circular
  • Ensure that record-keeping meets the requirements of auditors and government agencies
  • Report risk issues to the President / CEO, Corporate Compliance Officer or Corporate Compliance Committee of the Board of Directors
  • Ensure completion of all required external audits and investigate any findings and recommendations. Report issues or recommendations to President / CEO and Board Audit Committee
  • Funding

  • Monitor cash balances and cash forecasts
  • Arrange for debt and equity financing with President / CEO and Board of Directors
  • Responsible for financial grants management
  • Third Parties

  • Maintain banking relationships
  • As requested by the President / CEO, represent the company as a liaison to associations and other affiliations on the federal, state and local levels
  • Qualifications :

  • High skill in leading people and processes, including coaching / motivating and guiding teams to successfully meet / exceed goals
  • Business partner orientation : rolling up sleeves and advising Senior Leadership Team to make the best decisions for staff, the organization, and the mission
  • Proven experience in financial planning, budgeting, and forecasting
  • Strong knowledge of GAAP, UFR, UDS, and other relevant financial regulations
  • Strong analytical skills and experience interpreting a strategic vision into an operational model
  • Excellent communication and presentation skills
  • Ability to work in a fast-paced, high-pressure environment
  • Proficient in using financial software and MS Office
  • Education and / or Experience :

  • Bachelor’s Degree in Accounting or Finance; MBA in Finance or Certified Public Accountant designations highly preferred
  • Minimum of 5 years of experience in a senior financial managerial position at a health care organization; FQHC experience highly preferred
  • Physical Requirements and Work Environment :

    The physical requirements and work environment described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This position requires the manual dexterity sufficient to operate phones, computers and other office equipment. The position requires the physical ability to kneel, bend and perform light lifting. This person must have the ability to write and speak clearly using the English language to convey information and be able to hear at normal speaking levels both in person and over the telephone. Specific vision abilities required by this job include close vision, depth perception and the ability to adjust focus. Generally, the working conditions are good with little or no exposure to extremes in health, safety hazards and / or hazardous materials. This person must have the ability to travel as required to work with staff.

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