Job Description
Job DescriptionDescription:
JOB TITLE: Chief Financial Officer(CFO)
DEPARTMENT: Administration
REPORTS TO: Chief Executive Officer
STATUS: Exempt
SUMMARY:
Responsible for providing strategic leadership for the organization by working with the Chief
Executive Officer and Board of Directors to establish long-range goals, strategies, plans and
policies. Assures health center financial compliance with all statutory, regulatory, and grantor
requirements.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
This job description reflects management's assignment of essential functions. Nothing in this
job description restricts management’s right to assign or reassign duties and responsibilities to
this job at any time.
DUTIES AND RESPONSIBILITIES:
- Plan, develop, organize, implement, direct and evaluate the organization’s fiscal function and performance.
- Evaluate and advise on the impact of long-range planning, introduction of new programs/strategies.
- Develop credibility for the finance department by providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist the Board and CEO.
- Compiles and prepares financial operating reports for the Board of Directors.
- Enhance and/or develop, implement and enforce policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the organization.
- Participate in continual improvement of the budgeting process through education of department/center managers on financial issues impacting their budgets.
- Directs / assists in grant writing, fund raising, and economic development of the organization.
- Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position.
- Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
- Be an advisor from the financial perspective on any contracts into which the corporation may enter.
- Evaluate the finance department structure and team plan for continual improvement of the efficiency and effectiveness of the group and provide individuals with professional and personal growth.
SUPERVISORY RESPONSIBILITIES:
Directly supervises billing and accounting employees. Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws. Responsibilities include interviewing, hiring and training employees; planning, assigning and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
Requirements:
QUALIFICATIONS:
To perform this job successfully, an individual must be able to perform each essential duty
satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or
ability required. Reasonable accommodations may be made to enable individuals with
disabilities to perform the essential functions.
EDUCATION AND/OR EXPERIENCE:
Bachelor degree in finance or related field. CPA or MBA preferred. Three years of fiscal
management experience including one year in a health care organization required. Non-profit
and medical billing experience preferred.
LANGUAGE SKILLS:
Ability to read and interpret documents such as safety rules, operating and maintenance
instructions, and procedure manuals. Ability to write routine reports and correspondence.
REASONING ABILITY:
Ability to solve practical problems and deal with a variety of concrete variables in situations
where only limited standardization exists. Ability to interpret a variety of instructions furnished
in written, oral, diagram, or schedule form.
COMPUTER SKILLS:
To perform this job successfully, an individual should have the ability to gain knowledge of
current practice management system, electronic medical record, Microsoft Word, Internet, and
Intranet.
CERTIFICATES, LICENSES, REGISTRATIONS:
None necessary.
OTHER SKILLS, KNOWLEDGE AND ABILITIES:
PHYSICAL DEMANDS:
The physical demands described here are representative of those that must be met by an
employee to successfully perform the essential functions of this job. Reasonable
accommodations may be made to enable individuals with disabilities to perform the essential
functions.
While performing the duties of this job, the employee is frequently required to stand; walk; use
hands to finger, handle, or feel; reach with hands and arms and talk or hear. The employee is
occasionally required to sit and stoop, kneel, crouch, or crawl. The employee must regularly lift
and /or move up to 25 pounds. Specific vision abilities required by this job include close vision,
distance vision, peripheral vision, depth perception and ability to adjust focus.
WORK ENVIRONMENT:
The work environment characteristics described here are representative of those an employee
encounters while performing the essential functions of this job. Reasonable accommodations
may be made to enable individuals with disabilities to perform the essential functions. While
performing the duties of this Job, the employee is occasionally exposed to fumes or airborne
particles; toxic or caustic chemicals and risk of radiation. The noise level in the work
environment is usually moderate.