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Chief Financial Officer (CFO)

Job Title
Chief Financial Officer (CFO)
Job ID
27647364
Location
Conroe,  TX 77304
Other Location
Description
The Chief Financial Officer will oversee the financial operations of the organization.

Essential Duties and Responsibilities include the following. 

STRATEGY, PLANNING AND MANAGEMENT
  • Assess and evaluate financial performance of the center with respect to long-term operational goals, budgets, and forecasts.
  • Develop, supervise, and coordinate all efforts to attain maximum third-party reimbursement including capitated and value-based arrangements.
  • Explore new investment opportunities and provide recommendations on potential returns and risks.
  • Maintain banking relationships and strategic alliances with vendors and business partners.
FINANCIAL ANALYSIS, BUDGETING AND FORECASTING
  • Develop appropriate key performance indicators to monitor and drive the financial performance of the center.
  • Preparation of annual organization budget as well as individual grant budgets; coordination of all department budgets; monitor department budgets with all department heads throughout the year to ensure that expenditures adhere to legal and budgetary requirements.
  • Present the current fiscal situation to the audit/finance committee of the health center’s Board of Directors.
REVENUE CYCLE
  • Lead complex negotiations and/or contracting arrangements which require developing a sound business strategy for the financial and legal terms required for such contracting initiatives.
  • Lead the research, development, and implementation for new, creative, and potentially complex reimbursement structures.
  • Assure contractual arrangements meet financial budgetary targets and legal and/or regulatory compliance requirements.
  • Maintain a solid understanding of Medicare and Medicaid reimbursement methodologies for assigned services.
  • Conduct on-going assessments of assigned networks and make recommendations for strategic initiatives, goals, and objectives.
ACCOUNTING, GENERAL LEDGER, ADMINISTRATION AND OPERATIONS
  • Responsible for systems, policies, procedures, and internal controls necessary to maintain proper records of costs and revenues.
  • Overall supervision of Payroll, Accounts Payable, General Accounting, Billing/Accounts Receivable, and Information Systems.
  • Oversee month-end close process and monthly preparation of financial statements.
  • Oversee fiscal management of all private and public (local, state, and federal) grants.
  • Supervise the preparation of all regulatory reports (i.e., FFR, UDS, Medicare, Medicaid, IRS Form 990, etc.).
  • Responsible for the center’s relationship with federal and state tax authorities and government regulators (BPHC, regional office, etc.).
  • Serve as key point of contact for external auditors.  Manage preparation and support of all external audits.
Required Job Qualifications:
Bachelor's degree in Accounting, Finance or other relevant degree from four-year college or university.
2 or more years of experience in a healthcare related field.

Preferred Job Qualifications:
Master’s degree.
Certified Public Accountant (CPA).
 

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Lone Star Family Health Center receives HHS funding and has Federal Public Health Service deemed status with respect to certain health or health-related claims, including medical malpractice claims, for itself and its covered individuals.


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