Virginia Community Healthcare Association - Lynchburg, VA
posted about 2 months ago
The Chief Financial Officer (CFO) is a vital member of the leadership team at the health center, playing a crucial role in shaping the strategic goals and objectives of the organization. This position is primarily responsible for overseeing the financial operations of the health center, ensuring that all financial decisions and processes align with the center's mission and contribute to its financial stability. The CFO will manage all fiscal activities, which include the development and monitoring of financial policies and procedures, operational and capital budget management, cash management, and ongoing revenue generation analysis. In addition to leading day-to-day finance operations, the CFO will have functional responsibility over accounting, payment processing systems, grants administration, and banking operations, while ensuring compliance with Generally Accepted Accounting Principles (GAAP) and other regulatory requirements. The CFO will also monitor, direct, analyze, and report on the financial and operational environment to the CEO and the Board of Directors, providing insights that inform strategic decision-making. The role requires a proactive approach to fiscal management, including the development of an accounting system that provides accurate and timely information for decision-making and reporting. The CFO will also be responsible for internal auditing procedures, cash handling processes, budget development, compliance with regulatory matters, and the management of legal and contractual obligations. This position is essential for maintaining the financial health of the organization and ensuring that it meets its operational goals effectively.