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The Chief Financial Officer (CFO) plays a vital role in ensuring the financial health and sustainability of the organization, while upholding its mission to serve underserved communities. The CFO will have a deep understanding of healthcare finance, regulatory requirements, and a strong commitment to the mission of providing quality healthcare to underserved populations.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Financial Management: Oversee all financial operations, including accounting, budgeting, forecasting, financial reporting, and financial analysis.
Strategic Planning: Work closely with the executive team to develop and implement financial strategies and plans that align with the FQHC's mission and goals, ensuring sustainability and growth.
Compliance and Regulatory Adherence: Ensure compliance with all federal, state, and local regulations and reporting requirements, particularly those specific to FQHCs.
Financial Reporting and Analysis: Prepare and present accurate financial reports to the board of directors, stakeholders, and executive team, providing insights for decision-making.
Internal Controls: Develop and maintain strong internal controls to safeguard financial assets and ensure compliance with GAAP.
Team Leadership: Lead and manage the finance team, fostering a collaborative and professional environment.
Revenue Cycle Management: Oversee revenue cycle management, including billing, claims submission, and payment collection.
Grant Management: Coordinate and manage grant funding and reporting.
Collaboration: Work with other departments to support the FQHC's overall mission of providing comprehensive health services.
ESSENTIAL SKILLS AND QUALIFICATIONS:
Financial Expertise: Strong knowledge of accounting principles, budgeting, financial analysis, and healthcare finance.
FQHC Experience: Prior experience in an FQHC or similar healthcare setting is highly preferred.
Leadership and Management:?Proven experience leading and managing teams.
Analytical and Strategic Thinking: Ability to analyze financial data, interpret strategic vision into operational models, and make sound decisions.
Communication Skills: Excellent written and verbal communication skills to effectively interact with various stakeholders.
Regulatory Knowledge: Understanding of regulations specific to FQHCs, such as HRSA/BPHC regulations.
Education: Master's degree or CPA preferred.
Extensive knowledge of management theories and practices. Experience with budget preparation and financial management with 8 to 10 years’ experience in health care operations.
Community Health Systems, Inc. is a non-profit, Federally Qualified Health Center (FQHC) providing comprehensive care to our community. Current service lines include medical, chiropractic, dental, and behavioral Health. CHS has been proudly serving our community for 26 years.