Chief Financial Officer (CFO)

Aledade - Clinton, LA

Full-time - Senior

Clinton, LA

Professional, Scientific, and Technical Services

About the position

The Chief Financial Officer (CFO) at RKM Primary Care is a key member of the senior leadership team, responsible for overseeing the financial operations and ensuring the organization meets its operational and financial goals. The CFO will manage day-to-day financial management, internal control procedures, and compliance with Generally Accepted Accounting Principles (GAAP). This role requires strategic thinking, problem-solving abilities, and effective communication skills to maintain relationships with various stakeholders.

Responsibilities

• Ensure that monthly financial statements are completed timely and accurately.
• Ensure that all balance sheet accounts are reconciled and in compliance with company policies and standards, correcting any outstanding variances timely.
• Prepare corporate required reports (including Operating Report, Corporate Disclosures, Forecasts) timely and accurately.
• Ensure all accounting and business office policies and required internal controls are in place to facilitate an audit with no material audit adjustments or deficiencies found.
• Direct the Revenue Cycle to ensure that accounts receivable are collected timely, striving to achieve goals for cash collections and AR days, and to reduce bad debt and denials.
• Routinely review revenue cycle metrics to proactively identify and address issues affecting overall performance.
• Establish and implement policies and procedures to demonstrate compliance, ensuring insurance verification is completed on 100% of patients and working with the Financial Counselor for proper determination of patient portions and approval of discounts or charity.
• Maintain a thorough working knowledge of federal, state, and managed care reimbursement practices to ensure accurate payment and recording of revenue deductions.
• Prepare any required cost reporting.
• Supervise Accounting, Revenue Systems, and other departments assigned by the CEO, ensuring adequate staffing and training.
• Work closely with COO to ensure compliance with contracts and monitor purchases to keep supply costs within budgeted levels.
• Prepare annual operating budget and participate in the annual strategic planning process to serve as a basis for the budget.
• Provide ongoing analysis of variances from budget and assist the CEO in implementing changes needed to achieve budget goals.
• Prepare annual capital budgets and Capital Equipment Requests, ensuring assets and related depreciation are recorded accurately and in compliance with company policies.

Requirements

• Bachelor's degree in accounting or business-related field with a major in accounting.
• CPA or master's degree is a plus.
• Minimum 3 years of successful experience in a healthcare setting desired.
• Previous experience within a federally qualified health center is highly preferred.
• Proven financial analysis skills.
• Experience working with information technology and proficiency in MS Office applications.
• Accounting software and electronic health record experience is highly preferred.
• Demonstrated leadership ability with a high degree of intelligence and ethics.
• Excellent communication skills, both written and verbal.
• Ability to think strategically and solve problems.
• Ability to establish and maintain effective working relationships with employees, Providers, corporate staff, and Board of Directors.

Benefits

• This position is not eligible for benefits available to Aledade employees.