Job Title: Chief Financial Officer

Department: Administration

Supervisor: Executive Director

Location: This position is located at La Clinica’s Hyattsville Facility. The position is Hybrid and eligible for remote work.

Classification: Exempt/Salaried

Synopsis: The CFO is responsible for all strategic and tactical matters relating to financial management, business planning and budgeting, IT services, and facilities administration. Reporting to and working closely with the Executive Director, the CFO will actively participate with the Senior Management Team to drive La Clinica del Pueblo’s overall strategy. Serves as a mentor and leader of finance and administration staff.

Qualifications:

• BS/BA required, with a preference in Accounting or Finance. CPA preferred
• Five or more years of managerial experience, with a demonstrated record of increasing responsibilities in an organization with a budget of $14 - $18 million and complex accounting.
• 3 – 5 years minimum experience in nonprofit accounting and grants management required. Clinical financial management experience required.
• Knowledge of Nonprofit GAAP, A-133 audits, continuous performance improvement practices, accounting and systems software required.
• Excellent written and oral communication skills. Effective clear and open communicator.
• Demonstrated leadership ability, team management and good interpersonal skills.
• Analytical and adept at problem solving through collaboration with others.
• Experience in relating with and negotiating with third parties.
• Experience driving strategy development and innovation to improve financial performance.
• Experience building financial models and performing analysis, as well as directing the same.
• Understanding of leading technology to support financial accounting, planning and reporting.
• Highly motivated team leader. Adapts to an ever-changing environment. Organized and manages multiple projects and people with tight deadlines. Collaborative and flexible management style, persuasive and diplomatic in moving decisions forward.
• Facility and experience with Intacct, e-Clinical Works clinical practice management and electronic health records software, Microsoft office software.

Duties & Responsibilities:

Leadership

• Collaborates with senior leadership in developing and executing organizational Strategic Plan.
• Works closely with the Finance Committee of the Board of Directors to set financial oversight policies and overall fiscal direction for the organization.
• Works closely with the Chief Development Officer (CDO) to align short-term and long-term financial needs of the organization with opportunities for financial support.
• Leads senior management team in performance improvement activities that maximize sources of funding and manage costs effectively.
• Provides support to the Executive Director for all operational and strategic issues as they arise; provides strategic recommendations based on financial analysis and projections, cost allocations, and program revenue/expenses analysis.
• Represents the organization with various stakeholders as it relates to financial management, in coalitions and with government entities related to claims, grants and contracts, etc.
• Oversea an inclusive process to establish an annual operating budget for the organization.

Program Management

• Manages 3rd party revenue cycle, collaborating with direct service staff to support practice improvements to maximize potential revenue.

• Manages billing company contract to ensure strong revenue, analytics, and support for operational cash flow.

• Oversees grants and contracts budget management and accounting.
• Provide staff training in the area of budget development, budget management, fiscal accountability and finance procedures.
• Reviews and approves monthly financial statements and prepares all financial reporting materials and metrics for submission to Executive Director and Board of Directors.
• Plans for and leads budgeting and financial forecasting processes in alignment with the strategic plan
• Manages and mentors staff to support financial and administrative support functions within the organization.
• Manages cash flow and forecasting and direct all financial, program-related, and departmental accounting.
• Supervises finance department staff, managing through well-functioning systems, and maintains strong administrative team.
• Coordinate the development and monitoring of grant budgets and develop grant financials.

Administrative Oversight

• Ensures adherence to and compliance with all federal, state and local law requirements.
• Coordinates and leads preparation for annual financial audit and 5500/403b audit

• Manages auditor relationship, collaborating with Board Finance Committee to ensure compliance with financial management standards

• Coordinate and leads cost reporting for Medicaid and Medicare, and IDC
• Ensures adequate controls are implemented and operating and that the organization’s risk is minimized.
• Ensures the finance staff maintains financial record systems in accordance with Generally Accepted Accounting Principles, and monitors the use of all funds.
• Ensures employees within the organization are compliant with the organization’s policies and bylaws.

Supervisory Responsibilities:

• Directly supervise Controller, Finance Director, Associate Director of Finance and Patient Revenue Manager
• Recruit, interview, hire, and provide onboarding for staff
• Provide timely, appropriate, and ongoing training and development, as well as periodic evaluations and reviews
• Communicate clearly, concisely, and accurately, creating a working environment that provides growth and job satisfaction
• Provide constructive and timely feedback to staff

Physical Requirements:

• Prolonged periods of sitting at a desk and working on a computer
• Must be able to lift to 15 pounds at times

Benefits:

• 403B
• Health insurance
• Dental Insurance
• Vision Insurance
• Life Insurance
• Transportation Benefits
• Tuition Reimbursement
• Paid Vacation Time
• Employee Assistance Program
• FSA and DCFSA

The duties listed above are only intended as illustrations of the various types of work that may be performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related and/or a logical assignment to the position.

Performance Evaluation: To be performed at the end of the 90-day probationary period, at the completion of the 1st 12 months of employment and annually thereafter.