The CFO is responsible for directing the overall accounting and financial operations, treasury, lenders, contract management and compliance, risk management and supply chain purchasing. Fiscal functions of the corporation will be managed in accordance with generally accepted accounting principles issued by the Financial Accounting Standards Board, the Securities and Exchange Commission, and other regulatory and advisory organizations and in accordance with financial management techniques and practices appropriate within the healthcare industry.

ESSENTIAL FUNCTIONS:
• Participate in the development of the corporation’s plans and programs.
• Plan, develop, organize, implement, direct and evaluate the organization’s fiscal function and performance.
• Evaluate and advise on the impact of long range planning, introduction of new programs/strategies and regulatory action.
• Management of the company’s treasury function including cash management, developing and maintaining favorable relationships with asset lenders, commercial bankers and equity partners.
• Manage the capital structure of the Company including all debt and equity related matters.
• Develop credibility for the finance group by providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist the CEO/President and the Board and other senior executives in performing their responsibilities.
• Enhance and/or develop, implement and enforce policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the corporation.
• Provide technical financial advice and knowledge to others within the financial discipline.
• Continual improvement of the budgeting process through education of department managers on financial issues impacting their budgets.
• Provide strategic financial input and leadership on decision making issues affecting the organization; i.e., evaluation of potential alliances acquisitions and/or mergers and pension funds and investments.
• Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position.
• Develop a reliable cash flow projection process and reporting mechanism which includes minimum cash threshold to meet operating needs.
• Be an advisor from the financial perspective on any contracts into which the Corporation may enter.

• Evaluation of the business division Finance structure and team for continual improvement of the efficiency and effectiveness of the group as well as providing individuals with professional and personal growth with emphasis on oppo1tunities (where possible) of individuals
• Establish credibility throughout the organization and with the Board as an effective problem solver; be viewed as approachable and as a mentor to people on financial issues.
• Continual improvement of the timeliness and accuracy of the agency’s cash flow and management of the billing process (A/R)
• Manage the company’s risk management function to provide adequate insurance and risk management policies and procedures.

 

QUALIFICATIONS:

Experience, Competencies and Education

• Minimally a Bachelor’s degree in accounting or finance. MBA/CPA preferred.
• l 0 – 15 years’ experience in a finance leadership role over multiple financial functions at the CFO level.
• Healthcare experience including healthcare reimbursement, billing and collections, and private and governmental contracting of at least 5 years required.
• Multi business unit experience a must.
• Strong contract negotiation skills.
• 5-10 years of merger and acquisitions experience. To include: targeting, LOI, due diligence and integration. To include non-hospital de novo projects, joint ventures and other pattnering arrangements in healthcare.
• High growth business experience. To include: financial strategies, enabling the appropriate systems, programs and policies.
• Strong change leadership experience. To include: system wide change efforts over extended periods of time.
• Experience to span small and large companies to include prior start up experience if possible.
• Success in hiring, developing and retaining top talent on an individual and team basis.
• Excellent listening, problem solving and conflict management skills.
• Deal well with ambiguity and daily multi-tasking.
• Relates well to associates at all levels. Seen as approachable and practical.
• Comfortable doing strategic work as well as hands on tactical day to day work.