Chief Financial Officer (CFO)

4 days left

Location
Montrose, Colorado
Salary
None provided
Posted
Mar 21, 2024
Closes
Apr 20, 2024
Hours
Full Time
Practice Setting
Group Practice
Work Mode
On-site
Organization Type
Private Practice

Cedar Point Health in Montrose, CO is looking for a Chief Financial Officer to join our team. Located in Montrose, CO, this position is responsible for overseeing the billing and finance departments and for directing the organization's financial planning and accounting practices as well as its relationship with lending institutions, pay sources, and the financial community. This position will also participate on the company leadership team.

Cedar Point Health offers competitive pay and comprehensive benefits to full-time employees, including medical, dental, vision, AFLAC, employee life and accidental death insurance, 401k, and Paid Time Off including sick time.

 

Responsibilities:

 

  • Interacts with clinic management staff in developing the strategic plan and its financial planning component.

  • Evaluates the organization's financial position and issues periodic reports on the organization's financial stability, liquidity, and growth.

  • Develops and implements financial policies and procedures and ensures compliance.

  • Assures implementation of internal controls and generally accepted accounting procedures.

  • Supervises the analysis of expenses and makes rate recommendations to ensure appropriate income/cash flow.

  • Prepares annual budget.

  • Oversees and directs the preparation and issuance of the organization's annual tax and other reports.

  • Prepares financial and statistical reports required by the CEO, Board of Directors, Senior Management Team, and State/Federal regulations and program requirements.

  • Ensures all insurance coverage, including directors and officers, malpractice, general property, etc. are in place each year.

  • Coordinates with other departments planning for short and long range fiscal needs and ensures that expenditures adhere to legal and budgetary requirements.

  • Oversees the recruitment, supervision, training, and evaluation of the Finance department staff.

  • Works in collaboration with the CEO to operate the business.

  • Participates on a leadership team which includes, Director of HR, Director of Population Health, Operations Director and CEO. This team presents to the board of directors, owners, and works through organizational needs and implements change.

  • Performs other duties as assigned.

Requirements:

  • Experience in health care revenue cycles.

  • Knowledge of the principles of financial management sufficient to direct professional staff and coordinate all aspects involved with fiscal requirements.

  • Knowledge of clinic financial and budgetary practices to develop annual budget, analyze financial data and patterns, and prepare financial statements.

  • Knowledge of clinic's strategic business objectives and employee performance objectives.

  • Knowledge of the competitive managed care marketplace and the integrated healthcare delivery network.

  • Knowledge of governmental and health care fiscal regulations and reporting requirements.

  • Skill in exercising a high degree of initiative, judgment, discretion, and decision-making to achieve objectives.

  • Skill in evaluating operations as they relate to policies, goals and objectives, costs, and rate levels.

  • Skill in establishing and maintaining effective working relationships with patients, medical staff, and the public.

  • Skill in identifying, analyzing and resolving accounting and financial problems.

  • Ability to analyze financial results from operations; complete financial and cash flow forecasts.

  • Ability to negotiate managed care contracts.

  • Ability to delegate responsibility and authority to staff.

  • Ability to effectively present information one-on-one and in small groups to employees, patients and the public.

  • Ability to communicate effectively and clearly with people from diverse backgrounds.

  • Ability to competently use Microsoft Office, including Word, PowerPoint, Excel, bookkeeping software and appropriate practice management software.

  • Requires occasional evening and weekend work and some commuting to various locations.

  • This position is available for hybrid consideration.

Education: Bachelor's degree in business administration, accounting, or finance.

Experience: Six to ten years of experience in financial/accounting management. Experience in health care revenue cycle management a must.

Mental and Physical Requirements: Must possess the physical and mental abilities to perform the tasks normally associated with Chief Financial Officer. Daily activity is mostly sedentary with occasional standing, walking. Dealing with many financial deadlines and interacting with a wide variety of people on various issues may cause stress.

Conditions: The position is in a well-lighted office environment and requires the ability to work under pressure and with a diverse population, including staff, physicians, clients, patients, insurance companies, labs, hospitals, and other members of the public on a regular basis. The position may cause exposure to communicable diseases, bodily fluids, toxic substances, ionizing radiation, medicinal preparations, and other conditions common to a clinical environment.

 

 

 

 

 

 

 

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