Chief Financial Officer

Job Description

Job Description

Description:

Position Summary

The Chief Financial Officer (CFO) is responsible for providing strategic financial leadership for NeighborHealth Center (NHC). This executive-level position oversees all financial operations, ensuring fiscal stability and compliance with applicable policies, rules, standards, and regulations while supporting NHC’s mission.

Principal Duties and Responsibilities*

Financial Leadership & Strategy

• Develop and implement financial strategies aligned with NHC’s mission and strategic plan.
• Provide executive leadership in financial forecasting, budgeting, and planning.
• Analyze financial performance and communicate insights to the CEO, Board of Directors, and leadership team.
• Identify opportunities for revenue enhancement, cost containment, and operational efficiency.
• Oversee FQHC-specific reimbursement models, including Prospective Payment System (PPS) rates and alternative payment methodologies.
• Manage grant reporting and compliance.
• Direct sliding fee scale program development and implementation.

Financial Operations

• Supervise accounting operations, including accounts receivable, accounts payable, payroll, and general ledger.
• Ensure accurate and timely financial reporting and analysis.
• Oversee annual budget development and ongoing budget management.
• Direct cash flow planning and management.

Compliance and Risk Management

• Ensure compliance with federal regulations, HRSA program expectations, GAAP, etc.
• Oversee preparation for annual financial audits.
• Manage preparation of UDS financial tables and other federally mandated reporting.
• Develop and maintain internal control systems to safeguard financial assets.

Revenue Cycle Management

• Oversee billing and coding practices for visits and services.
• Manage payer contract negotiations and relationships.
• Monitor key performance indicators for revenue cycle effectiveness.

Team Leadership

• Lead, mentor, and develop financial department staff.
• Foster a collaborative approach with clinical and operational leadership.
• Serve as financial liaison to the Board of Directors and Finance Committee.

Required Knowledge, Experience, or Licensure/Registration

• Bachelor’s degree in Finance, Accounting, or related field required. Master’s degree preferred.
• CPA or advanced financial certification is highly desirable.
• Minimum of 7 years of progressive financial management experience.
• At least 3 years of healthcare financial management experience, with FQHC experience strongly preferred.
• Experience with healthcare financial analysis and reporting, combined with proficiency in financial modeling, EHR systems, and practice management software preferred.
• Ability to cultivate and develop inclusive and equitable working relationships with co-workers and community members.
• Ability to serve as an advocate for individuals of all ethnicities, genders, ages, and backgrounds.
• Ability to work a schedule Mondays through Fridays during the hours of 8am to 5pm with hours outside this time frame when needed.
• Ability to read, write, speak, and comprehend English fluently.
• Vaccines as required.

This is a full-time, exempt position.

*To comply with the Americans with Disabilities Act of 1990 (ADA), which prohibits discrimination against qualified individuals on the basis of disability, it is necessary to specify the physical, mental and environmental conditions of the essential duties of the job.

NeighborHealth Center is an Equal Opportunity Employer, including disability and veterans. NHC is dedicated to building a culturally diverse staff committed to serving a diverse patient population.