Job Purpose and Reporting Structure: The Chief Financial Officer (CFO) is responsible for the overall financial strategy and management of Outreach Community Health Centers, Inc. This role encompasses planning, organizing, directing, and overseeing all financial activities of the organization. The CFO applies generally accepted accounting principles (GAAP) to manage and analyze financial data, and is responsible for the timely collection, organization, analysis, and distribution of financial and management reports.
The CFO works closely with the President/CEO and collaborates with senior leadership and the Board of Directors to support the strategic direction of the organization. This position oversees all financial compliance and reporting related to federal, state, and county contracts, as well as private grants. The CFO must thrive in a dynamic, deadline-driven environment, and provide leadership and supervision to the finance team.
ESSENTIAL DUTIES AND RESPONSIBILITIES to perform all general duties as CFO and other duties may be assigned.
- Financial Management: Works closely with the President/CEO to establish financial objectives. Prepares monthly financial statements and other periodic reports. Works with the President/CEO and other management team members to develop and implement plans to meet short term and long term financial and operational goals. Advises President/CEO on financial matters. Attends monthly Board meetings to advise on financial matters. Ensures OCHC is collecting all monies that are owed. Oversees accounts payable, payroll, payee services, and operating expenses. Oversees all grant administration including funding and reporting. Maximizes billing to all third-party resources ensuring accuracy and timelines. Oversees all agency budgeting and reporting.
- Accounting: Responsible for the quality, accuracy and thoroughness of accounting and bookkeeping activities of the healthcare center. Includes accounting for patient services, receivables, payables, inventory, daily cash control and deposits and bank reconciliation. Ensures the integrity of the general ledger, prepares monthly journal entries. Works with public accountants to prepare for and conduct annual audits. Oversees and prepares the audit to meet OMBA-133 standards.
- Supervision: Supervises all employees reporting to this position. Recruits, interviews, selects and trains employees to ensure performance and productivity. Establishes formal means of accountability and conducts regular performance appraisals.
- Asset Management: Safeguards and accurately accounts for financial and capital resources through establishing and monitoring programs for internal controls and general security.
- Plans for and effectively manages cash flow. Makes recommendations on when and where to invest cash, pay debts, and maximize return.
- Assists the President/CEO with other banking issues including credit lines and financing large capital acquisitions.
- Oversees the capital acquisition process. Works with the President/CEO to determine need and financial analysis prior to purchase/lease activities.
Education and Experience
Bachelor's degree in Accounting, Finance, or a related field required.
CPA certification strongly preferred.
Minimum of 10 years of experience in accounting and financial management.
Experience in healthcare or community-based service organizations highly preferred.
Other Skills and Abilities:
Must be proficient in use of computerized accounting systems; accurately and timely prepare financial statements; familiarity with federal, state & local contract compliance; manage the governmental payment systems including the PMS and 330 programs; deal effectively with time pressures, stress, and change.
Outreach Community Health Centers, Inc. is an Equal Opportunity Employer