Chief Financial Officer

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 fiend required. Master's degree preferred.
• CPA or advanced financial certification 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.