Chief Financial Officer

POSITION SUMMARY

As a key member of the Administrative team, the Chief Financial Officer will assume a strategic role in the overall management of the company. The CFO will have primary day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the company. This will include direct responsibility for accounting, finance, budgeting, contracting, patient billing and collections, materials management, and information technology functions.

Reasonable Accommodations Statement

To accomplish this job successfully, an individual must be able to perform, with or without reasonable accommodation, each essential function satisfactorily. Reasonable accommodations may be made to help enable qualified individuals with disabilities to perform the essential functions.

• Responsible for continuous evaluation of the financial health of the organization to provide and meet short and long-term strategic financial objectives.
• Ensure timely and accurate analysis of budgets, financial trends, and forecasts.
• Direct and oversee all aspects of the Finance, Accounting, Information Systems, Business Office, and HIM functions of the organization.
• Responsible for maintaining and reporting on current alternative payment models as well as recommending future alternative payment models/strategies to Administration and the Shareholders for consideration.
• Evaluates and advises on the impact of long range planning, introduction of new programs/ strategies and regulatory action.
• Establish and maintain strong relationships with physicians as well as management to identify their needs and seek full range of business solutions.
• Provide Shareholders and Administration with advice on the financial implications of business activities and manage processes for financial forecasting, budgets and consolidation.
• Provide recommendations to strategically enhance financial performance and business opportunities.
• Ensure that effective internal controls are in place and ensure compliance with applicable federal, state and local regulatory laws and rules for financial and tax reporting.
• Maintains a thorough working knowledge of federal, state, and managed care payment methodologies
• Monitors financial reporting and compliance with joint ventures and outside business ventures.
• Responsible for managed care pay or negotiations and review of contracts; principal liaison for contract and operational issues with managed care organizations.
• Develops, implements and monitors employee and physician incentive programs.
• Performs other duties as requested by the Chief Executive Officer and physicians to ensure the efficient operation of the clinic.
• Serves as the Compliance Officer to ensure compliance with applicable regulatory agencies including IRS, OIG etc.

POSITION QUALIFICATIONS Competency Statement(s)

• Customer Service - Manages difficult or emotional customer situations; Responds promptly to customer needs; Solicits customer feedback to improve service; Responds to requests for service and assistance; Meets commitments.
• Oral Communication - Speaks clearly and persuasively in positive or negative situations; listens and gets clarification; Responds well to questions; Demonstrates group presentation skills; Participates in meetings.
• Written Communication - Writes clearly and informatively; Edits work for spelling and grammar; Varies writing style to meet needs; Presents numerical data effectively; Able to read and interpret written information.
• Teamwork - Balances team and individual responsibilities; Exhibits objectivity and openness to others' views; Gives and welcomes feedback; Contributes to building a positive team spirit; Puts success of team above own interests; Able to build morale and group commitments to goals and objectives; Supports everyone's efforts to succeed.
• Quality - Demonstrates accuracy and thoroughness; Looks for ways to improve and promote quality; Applies feedback to improve performance; Monitors own work to ensure quality.
• Dependability - Follows instructions, responds to management direction; Takes responsibility for own actions; Keeps commitments; Commits to long hours of work when necessary to reach goals; Completes tasks on time or notifies appropriate person with an alternate plan.
• Problem Solving - Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in-group problem solving situations; Uses reason even when dealing with emotional topics.
• Interpersonal Skills - Focuses on solving conflict, not blaming; Maintains confidentiality; Listens to others without interrupting; Keeps emotions under control; Remains open to others' ideas and tries new things.
• Delegation - Delegates work assignments; Matches the responsibility to the person; Gives authority to work independently; Sets expectations and monitors delegated activities; Provides recognition for results.
• Technical Skills - Assesses own strengths and weaknesses; Pursues training and development opportunities; Strives to continuously build knowledge and skills; Shares expertise with others.
• Safety and Security - Observes safety and security procedures; Determines appropriate action beyond guidelines; Reports potentially unsafe conditions; Uses equipment and materials properly.
• Initiative - Volunteers readily; Undertakes self-development activities; Seeks increased responsibilities; Takes independent actions and calculated risks; Looks for and takes advantage of opportunities; Asks for and offers help when needed.
• Leadership - Exhibits confidence in self and others; Inspires and motivates others to perform well; effectively influences actions and opinions of others; Accepts feedback from others; Gives appropriate recognition to others.
• Managing People - Includes staff in planning, decision-making, facilitating and process improvement; Takes responsibility for subordinates' activities; Makes self available to staff; Provides regular performance feedback; Develops subordinates' skills and encourages growth; Solicits and applies customer feedback (internal and external); Fosters quality focus in others; Improves processes, products and services; Continually works to improve supervisory skills.
• Cost Consciousness - Works within approved budget; Contributes to profits and revenue; Develops and implements cost saving measures; Conserves organizational resources.
• Ethics - Treats people with respect; Keeps commitments; inspires the trust of others; Works with integrity and ethically; Upholds organizational values.
• Diversity - Demonstrates knowledge of EEO policy; Shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes a harassment-free environment; Builds a diverse workforce.
• Judgement - Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions.
• Professionalism - Approaches others in a tactful manner; Reacts well under pressure; Treats others with respect and consideration regardless of their status or position; Accepts responsibility for own actions; Follows through on commitments.
• Planning/Organizing - Prioritizes and plans work activities; Uses time efficiently; Plans for additional resources; Sets goals and objectives; Organizes or schedules other people and their tasks; Develops realistic action plans.

Education: Master's degree (MBA/MHA) required

Experience: Five years' experience in related position; experience in healthcare/medical group financial management preferred

Computer Skills: Must be computer literate. Must have knowledge of Internet software, Payroll systems, Spreadsheet software and Word Processing software

Certifications & Licenses: CPA is a plus

N (Not Applicable) Activity is not applicable to this position.

O (Occasionally) Position requires this activity up to 33% of the time (0 - 2.5 hrs/day)

F (Frequently) Position requires this activity from 33% - 66% of the time (2.5 - 5.5 hrs/day)

C (Constantly) Position requires this activity more than 66% of the time (5.5 hrs/day)

• Vision
• Sense of Sound - Ability to hear
• Sense of Touch

WORK ENVIRONMENT

Work is performed in a healthcare and office environment. The noise level is usually moderate. Must understand the risks involved in working with or around blood borne and airborne pathogens. Must maintain a safe work environment in compliance with all standards, rules and regulations under the OSHA act. Must adapt to schedule changes as needed.