CHIEF FINANCIAL OFFICER

Long Island FQHC, Inc.

$160K — $200K *
Healthcare
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or Finance required, Master’s degree and/or CPA required.
  • Ten or more years in progressively responsible financial leadership roles, preferably in the federally qualified healthcare arena.
  • Strong interpersonal skills for effective communication at all organizational levels.
  • Excellent problem-solving skills with sound judgment for timely decision-making.
  • High level of integrity and dependability, with urgency and results-orientation.
  • PC proficiency, especially in Windows and a strong working knowledge of Excel required.
  • Experience with FQHC cost reporting and PPS reimbursement preferred, along with familiarity with Uniform Guidance.

Responsibilities

  • Lead finance, accounting, revenue cycle, IT, and Credentialing teams, overseeing hiring and performance evaluation.
  • Provide strategic financial leadership to support organizational mission and growth initiatives.
  • Advise the CEO, executive team, and Board on financial performance and risk management.
  • Make strategic recommendations to enhance financial performance and capitalize on business opportunities.
  • Ensure credibility of the Finance Department by delivering timely and accurate analysis of budgets and financial trends.
  • Implement strong internal controls to ensure compliance with GAAP and regulatory laws.
  • Manage financial forecasting, budgeting, and reporting processes to the organization.

Benefits

  • Opportunity to collaborate closely with executive leadership and board members.
  • Impactful leadership position with a focus on financial strategy in healthcare.
  • A chance to shape the financial health of the organization and its mission-driven work.
  • Exposure to complex financial regulations with a focus on federal compliance.
Full Job Description
JOB TITLE: Chief Financial Officer

REPORTS TO: Chief Executive Officer

The following statements reflect the general duties, responsibilities and competencies considered necessary to perform the essential functions of the job and should not be considered as a detailed description of all the work requirements of this position.

POSITION SUMMARY: The Chief Financial Officer (CFO) is a key member of the Executive Team that reports to the Chief Executive Officer and assumes a strategic role in the overall management of the company. This includes financial planning, budgeting, accounting, revenue cycle oversight, grant compliance, and risk management. The CFO will ensure financial compliance with federal and state regulations from Health Resources and Services Administration (HRSA) and the Centers of Medicare & Medicaid Services (CMS). The CFO works closely with the CEO, executive team and Board of Directors to ensure financial stability and support the organization's mission.

  • Lead finance, accounting, revenue cycle, IT department and Credentialing team, including hiring, mentoring, and evaluating performance.
  • Provide strategic financial leadership to support the organization mission and growth.
  • Advice the CEO, executive team and Board of financial performance and risk.
  • Provides recommendations to strategically enhance financial performance and business opportunities.
  • Ensures credibility of the Finance Department by providing timely and accurate analysis of budgets, financial trends and forecasts.
  • Ensure that effective internal controls are in place and ensure compliance with GAAP and applicable federal, state and local regulatory laws and rules for financial and tax reporting.
  • Establish and maintain strong relationships with senior management to identify their needs and seek full range of business solutions.
  • Manages processes for financial forecasting, budgets and consolidation and reporting to the Company.
  • Other duties as assigned
  • Reports
    • UDS - Due February (Annually)
    • Medicare Cost Report - Due May (Annually)
    • Audit - Due May (Annually)
    • TCHGME
  • Drawdown (Monthly)
  • MCVR (Annually) -Due July
  • CHPMCVR (Annually) - Due July
  • Medicaid Cost Report (AHCF) - (Annually) Due October
  • 990 (Annually) - Due November
  • Budget Operating/Capital (Annually) - Due October
  • Financials (Monthly)
  • Ensure Proper reimbursement from Medicare, Medicaid and commercial payers.
  • Optimize Revenue Cycle performance.


QUALIFICATIONS:

  • Bachelor's degree in Accounting or Finance required, Master's degree and/or CPA required
  • Ten or more years in progressively responsible financial leadership roles, preferably in the federally qualified healthcare arena.
  • Strong interpersonal skills, ability to communicate and manage well at all levels of the organization.
  • Excellent problem solving and creative skills with the ability to exercise sound judgment and make decisions based on accurate and timely analyses.
  • High level of integrity and dependability with a strong sense of urgency and results-orientation.
  • PC proficiency is essential (Windows environment) and strong working knowledge of Excel is preferred.
  • Experience with FQHC cost reporting and PPS reimbursement preferred.
  • Familiarity with Uniform Guidance and single Audit requirements.


SALARY: Commensurate with experience

MORE INFORMATION: This is an exempt position.

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