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Chief Financial Officer

State of Oklahoma
Oklahoma, OK Full Time
POSTED ON 12/31/2024
AVAILABLE BEFORE 1/29/2025
Agency/Division Information

The Oklahoma Health Care Authority (OHCA) works to ensure Oklahomans have access to better health and better care. The agency’s core values include passion for purpose, trust and transparency, empowerment and accountability, best in class and outcome-driven, and servant leadership. As part of the interview process, candidates may be required to attend an in-person interview at our Oklahoma City office.

Position Purpose

The Chief Financial Officer (CFO) provides strategic financial leadership for the Oklahoma Health Care Authority (OHCA), ensuring alignment between the agency’s fiscal management and its mission to deliver better health and care for Oklahomans. This role is responsible for overseeing the agency’s financial operations, developing policies, managing budgets, and ensuring compliance with federal and state regulations, including managed care financial management and advising. The CFO plays a key role in supporting the organization’s core values, specifically including fiscal responsibility, transparency, accountability, and outcome-driven excellence, while also fostering strong relationships with stakeholders and contributing to the development and implementation of long-term organizational goals.

Principle Activities May Include

  • Plans, coordinates, and supervises the daily operation of the division through direct consultation and coordination with senior managers. Directly supervises the work of subordinate managers to ensure work standards are met. Develops performance evaluation standards to provide information to subordinate staff on work performance criteria; reviews standards as needed. Establishes and maintains an effective system of communications throughout the organization.
  • Coordinates and promulgates current and long-term goals, objectives, budgets, plans, and policies, in consultation with the Chief Executive Officer and/or executive staff.
  • Directs a major comprehensive multi-functional program; budgets and plans for future program direction; establishes policies and standards within federal and state regulations and guidelines; forecasts and advises on financial trends at a state and national level; advises on managed care financial principles, including rates, supplemental and directed payment programs.
  • Reviews and analyzes information from reports, studies, projects, and visits for immediate and long-range program development; participates in executive-level management meetings involving the formulation and implementation of programs and policies and the development of proposed legislation.
  • Represents the agency before the Legislature, employee groups, other state agencies, and other organizations; serves on special committees or boards as required..
  • Directly oversees the adequacy and soundness of the division's budget and fiscal structure.
  • Serves as a key member of the executive leadership team, providing strategic insight and leadership to drive organizational success while contributing broadly to cross-functional initiatives and enterprise-wide goals.
  • Other duties as assigned.

Supervisory Responsibilities: This position has supervisory responsibilities.

Knowledge, Skills, Abilities And Competencies

The Chief Financial Officer (CFO) requires in-depth knowledge of agency policies, state and federal legislation, and financial management principles, along with the ability to lead and evaluate complex program operations. Strong strategic communication skills are essential for collaboration with stakeholders and aligning departmental goals with the broader mission of the organization. Key Korn Ferry competencies for this role include Ensures Accountability, as the CFO must uphold high financial standards and compliance, and Strategic Mindset, as the role requires forward-thinking to guide the agency's financial direction effectively.

  • To be considered for this position your application must include a resume/CV with complete work and education history.**

Education And/or Experience

  • A bachelor’s degree plus 6 years of relevant professional experience, including 2 years in a supervisory or administrative capacity,

OR

  • An equivalent combination of education and experience, substituting 1 additional year of education (master’s degree or doctorate) for one year of experience.

NOTE: A maximum of 2 years of education can be substituted for 2 years of relevant professional experience.

NOTE: No substitution will be allowed for the required professional experience in a supervisory or administrative capacity.

Preference May Be Given To Candidates With

  • Certifications in any of the following areas: Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Government Financial Manager (CGFM), Certified Internal Auditor (CIA), Chartered Financial Analyst (CFA), Certified Actuary (ASA, MAAA) or Project Management Professional (PMP)
  • Master of Business Administration (MBA) or Master’s in Finance
  • Experience in health care or managed care finance

Physical Demands

  • Must be able to remain sitting for prolonged periods at a desk and working on a computer.
  • Must be able to move or lift up to 15 pounds at various times.

Work Environment

The office work environment includes regular exposure to general office equipment such as computer equipment, phones, and copy machines. Position is full-time and requires on-site presence at the Oklahoma Health Care Authority offices in Oklahoma City.

Why You’ll Love Working Here

At The Oklahoma Health Care Authority (OHCA), We’re Proud To Create a Workplace Where Employees Thrive. Named a Top Workplace In Oklahoma For Five Consecutive Years, This Achievement Reflects The Dedication And Collaborative Spirit Of Our Incredible Team. Here's What We Offer To Support Employees And Their Family

  • Generous state-paid benefit allowance to offset insurance premiums.
  • A wide selection of top-tier health insurance plans.
  • Optional flexible spending accounts for health care or dependent care expenses.
  • Employee Assistance Program (EAP) offering confidential support.
  • Wellness benefits, including an on-site gym and fitness center discounts.
  • 11 paid holidays annually.
  • 15 vacation days and 15 sick days in your first year.
  • Retirement Savings Plan with substantial employer contributions.
  • Longevity Bonus to reward years of service.
  • Public Service Loan Forgiveness eligibility and reimbursement for educational expenses.
  • Professional development training opportunities, including CEU support.

Accommodation Statement

The Oklahoma Health Care Authority complies with applicable State and Federal civil rights laws and does not discriminate. All qualified applicants will receive consideration for employment without regard to race, color, sex, religion, disability, age, national origin, or genetic information. If a reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact the Civil Rights Coordinator at 405-522-7335.

Notice To Applicants

Please add OHCAHR@okhca.org to the address book or “safe-senders” list in your email. All correspondence will come from this address. Be sure to check your junk folder. If you have questions about the status of your application, you can contact the HR team at 405-522-7093.

Note: Applications will be accepted until 11:59 PM on the day prior to the posting end date above.

Current State of Oklahoma employees must apply for open positions internally through Workday Jobs Hub.

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