What are the responsibilities and job description for the CFO/CAO position at Amoskeag Health?
JOB SUMMARY:
The Chief Financial & Administrative Officer (CFO/CAO) is responsible for leading, planning, organizing and overseeing all financial & administrative operations of Amoskeag Health in accordance with policies established by management and the Board of Directors. This includes oversight of the financial, accounting, purchasing, billing departments, in addition to the call center, scheduling, transportation, patient access, medical records, human resources, information technology, interpretation, facilities, referrals and orders management departments.
COMPENSATION: The salary for this role starts at $135,000 and increases depending on experience.
JOB RELATIONSHIP:
1. Responsible to the President/CEO.
2. Oversees the directors for following departments and functions: supplies/purchasing, accounting (including payroll), patient revenue cycle, call center, scheduling, transportation, patient access, medical records, information technology, human resources, facilities, referrals and orders management.
RESPONSIBILITIES & AUTHORITIES:
1) General Management:
a) The CFO/CAO shall function as a member of the Senior Management team at Amoskeag Health. As such, the CFO/CAO shall work to ensure the continuity of and shall assist in the development of policy and procedures to be acted upon by the Board of Directors.
b) Responsible for preparation, attendance and reporting to the Finance Committee of the Board as well as the full Board of Directors meetings. Involvement with other Board-level committees may be frequent.
c) Responsible for the recruitment, training, supervision and performance evaluation of subordinate personnel in accordance with Amoskeag Health policies.
2) Financial Management:
a) The CFO/CAO is responsible for the development, implementation and monitoring of all financial systems, records and controls encompassing accounts payable, general accounting, grants/contracts, payroll and the custody and control of Amoskeag Health assets in accordance with Amoskeag Health policies and Generally Accepted Accounting Principles (GAAP),
b) Responsible for compliance with all federal and state cost principles as they relate to grant activities
c) Responsible for all financial and statistical reports to be presented internally as well as those necessary for external third parties and regulatory agencies. The CFO/CAO shall actively participate in all audits by third parties, regulatory agencies and in the annual financial and benefit plan audit(s) for the Board of Directors.
d) Responsible for assisting in the development of annual goals, objectives and long-term planning used in conjunction with the development of the annual operating and capital budgets. Involvement with the Strategic Planning Committee, as it relates to financial planning is key.
e) Responsible for all managed care contracting activities;
f) Responsible for filing cost reports, federal and state tax returns, negotiating with lenders and meeting reporting requirements for various debt agreements;
g) Responsible for developing dashboard reports to share with the senior leadership team on cash flow and billings/collections.
3) Administrative Management:
a) Responsible for the oversight of health information systems, to include the functional areas of patient medical records and information technology, and related policies, procedures and infrastructure development to assure compliance with Federal, State and other regulatory bodies standards and regulations.
b) Responsible for oversight of facilities and supplies and related activities (security, renovation, equipment and repairs, site management).
c) Responsible for oversight of call center, patient access, interpreter, transportation and scheduling activities, and related technologies, workflows and policies/procedures
d) Responsible for oversight of administrative operations, including orders, script refills & referrals management
e) Responsible for oversight of human resources including the development and negotiation of employee benefit plan(s), and the related technology, policies, procedure and infrastructure development to assure compliance with Federal, State and other regulatory bodies standards and regulations
f) Responsible to review contracts or agreements as they pertain to 3rd parties, federal or state agencies, property, capital leases, or other operating leases as necessary.
4) Amoskeag Health Representative:
a) The CFO/CAO shall be involved in the activities of external organizations (i.e. The City of Manchester, Granite United Way, Bi-State, NACHC, CHAN, NHHAN, etc.). As necessary, shall serve as a staff representative of Amoskeag Health to such organizations as well as the various committees of the Board, as indicated.
i) Representative of the organization as a member of the Children’s Public Health Fund Board
ii) Representative of the organization as a member of the Finance Committee of CHAN
QUALIFICATIONS:
1. Education/Training: Master’s Degree in accounting or business administration with specialization in accounting or finance with 4-6 years of experience in a senior management position within a Federally Qualified Health Center (preferred or similar organization) or Bachelor’s degree with 8-10 years of experience in a senior management position within a Federally Qualified Health Center (preferred or similar organization). A CPA is an asset and could substitute for two years of experience.
2. Demonstrated experience in, or knowledge of Federally Qualified Health Centers and government grants management policies preferred. Experience in high-growth organization beneficial and preferred.
3. Broad executive-level health care finance management and leadership experience for a multi-faceted, multi-payer organization with complex business and technical demands.
4. Experience in billing federal, state, and private payers for health services, familiarity with key success metrics for revenue cycle management including department structure, tools and workflows.
