About this opportunity
Southeast Mississippi Rural Health Initiative, Inc. lists this Chief Financial Officer opportunity in northern, Kentucky. Review the employer’s description below for duties, qualifications and application requirements.
Job description
The Chief Financial Officer, under the authority of the Chief Executive Officer, is responsible for ensuring our continued growth, sustainability, and providing a vision for continued financial success. The CFO’s responsibilities will encompass strategic financial planning, budgeting, accounting, maintaining the accountability of all corporate funds and grants, and much more in alignment with our mission, values and strategic long-term plans.
Job Responsibilities
Strategic Planning for Growth: Take the lead in positioning the organization for strategic growth. This involves closely monitoring economic conditions, industry standards, and market trends to make informed decisions that align with our business plan. Will be crucial in ensuring that our financial strategy supports our mission and long-term sustainability.
Financial Reporting and Advice: Provide timely and accurate financial reports, statements, and decision-supported information to the CEO, Board of Directors, and other management team members. Financial insights will be instrumental in guiding the organization's strategic decisions.
Establishing Financial Standards and Policies: Will have responsibility to set and enforce financial standards, policies, and procedures to ensure compliance with regulatory guidance. This includes requirements of HHS and HRSA 330 grant requirements, among others
Oversee or process (if needed) payroll and/or prepare required payroll related reports such as retirement, payroll schedules, etc.
Prepare for annual independent audit and provide staff support during the audit process
Performance Improvement: Identifying opportunities to improve our financial performance. Implement innovative and cost-effective solutions to drive change management and business process improvement, ensuring that we operate efficiently and effectively
Staying Informed: Seek out innovative industry best practices and trends. This includes exploring new technologies and systems that can enhance the accuracy, efficiency, and ease of managing our financial operations
Implements the internal control policies by monitoring the accounting system, accounts receivable, billing, collections purchasing and accounts payable
Assist in the development of accounting and internal control policy manual
Maintain accountability of corporate equipment and furnishings by conducting annual physical inventory with reconciliation to corporate reports (updates schedules for additions and deletions)
Cash Management: Responsible for maximizing returns on our cash assets while minimizing risk. This involves managing bank balances and recommending strategies to ensure the financial health of the organization
Ensure the proper maintenance of the accounting system and total accountability of corporate funds which includes the general ledger, payroll, accounts payable and fixed assets functions of the accounting department
Review the monthly Summary Revenue Report and Revenue entries, payments and Adjustments to the general ledger
Run a summary trial balance and verifies balances to all schedules
Reconcile, input and disburse all payments from various collection agencies
Must display adequate leadership skills
Staffing: Build a strong finance, insurance, and IT teams. Will oversee and participate in the selection, onboarding, training, and determining job responsibilities for all functions
The Department of Pharmacy will ultimately report directly to the CFO. Will maintain accountabilities for this function along with staying abreast of federal, state and local laws governing the function of such an entity.
Verify all Practice Management Accounts with all necessary general ledger accounts
Maintain confidentiality of all corporate records
Review, create, and update necessary forms for use in the clinics
Computes year-end inventory totals
Performs related work, as assigned
Completes the required IT/Security trainings prior to the deadline
Counsels employees on areas of improvement by completing trainings and PCN’s in a timely manner
Qualifications
Job Requirements
Bachelor’s degree required in Accounting, Finance, or Business; Certified Public Accountant Certified (or equivalent experience in senior account roles) or Master’s degree in related field, preferred
10+ years in progressively responsible financial leadership roles, including management experience in complex nonprofit organizations
5+ years supervisory experience and managing staff in areas of payroll, A/P, A/R, general ledger entry, grant vouchering, and purchasing
Healthcare industry and FQHC experience is preferred
Experience with Revenue Cycle and a track record of success
Federal, State and Local grant knowledge a plus
Excellent written and oral communication skills; have knowledge and skills to appropriately communicate and interact with the staff, patients, families and visitors of all age groups, while being sensitive to their cultural and religious beliefs.
Advanced knowledge of MS Office (Excel, Word, PowerPoint and Access) required
Proven ability to build, grow and lead high-performing finance teams with strong capabilities to both oversee and contribute to critical financial deliverables
Strong interpersonal skills with the propensity to successfully foster new and maintain long-standing business relationships.
Adhere to timeliness
Physical and Other Requirements
Must demonstrate positive personal attributes such as professionalism, honesty, and integrity
Mist be willing to do local and out-of-state travel
Must be able to pass a criminal background check, drug screen, and TB skin test
Must continuously listen, visualize, and have dexterity and eye-hand coordination
Ability for simple grasping and speed work
Must frequently sit, squat, reach, use both right and left forearm rotation, walk and climb stairs
Must occasionally kneel, twist, have the ability to grasp firmly, lift and carry, push and pull in excess of 30 lbs.
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Who can apply
Review the original listing for work authorization, qualifications and employer requirements.