Chief Financial Officer

CHP Administration Office - Great Barrington, MA

Full-time - Executive

Great Barrington, MA

About the position

The Chief Financial Officer (CFO) at Community Health Programs (CHP) plays a pivotal role in the organization by collaborating closely with the Chief Executive Officer (CEO) and senior leadership to execute CHP's mission of nurturing and inspiring healthy lives throughout the Berkshires. The CFO is responsible for overseeing the finance and billing teams, ensuring the overall financial health and wellbeing of the organization. This includes the development and oversight of accounting, financial, and revenue cycle policies, which encompass cash flow planning, finance, accounting, coding, insurance, internal controls, budgeting, auditing, claims processing, payroll, and tracking/reporting on financial and operational metrics. The CFO empowers the finance team and other areas of responsibility by providing the necessary leadership and resources to support CHP's operations effectively. In addition to financial oversight, the CFO is tasked with ensuring that CHP has the proper financial controls, administrative, and reporting procedures in place to maintain high-performing teams. The role requires flexibility in working hours and involves travel to various health center locations to meet the needs of CHP. The CFO also assumes additional organizational responsibilities as needed and acts as the next in command in the absence of the CEO, taking on all fiduciary leadership responsibilities typically entrusted to the CEO. The CFO's responsibilities include overseeing all financial accounting and reporting procedures, ensuring compliance with federal and state regulations, and managing the revenue cycle activities to enhance billing and collections. The CFO is empowered to make key financial and operational decisions that align with CHP's strategic goals, including approving financial policies, budget allocations, and negotiating contracts with vendors and third-party payers. The role also emphasizes the importance of advancing CHP's mission through effective financial leadership, with key performance indicators focused on financial health metrics, budget adherence, and strategic initiatives. The CFO is expected to foster a culture that reflects CHP's commitment to its mission and values, demonstrating exceptional communication, interpersonal, and collaboration skills. The role requires a commitment to ethical standards and integrity, ensuring that all financial operations adhere to the highest standards of compliance and legal integrity. The CFO will also be responsible for driving innovation in financial management practices and contributing to long-term strategic planning to support CHP's growth and sustainability.

Responsibilities

• Oversees and directs all financial accounting and reporting procedures, including monthly bank reconciliations and general ledger reconciliations.
• Prepares financial statements in conformity with GAAP and ensures accuracy for independent audits.
• Analyzes, prepares, and presents financial statements to management and the Board.
• Monitors departmental financial performance and implements financial policies and procedures.
• Oversees revenue cycle activities, ensuring accurate and timely billing to third-party payers.
• Develops and executes contracting strategies and collaborates with operations leadership to enhance revenue.
• Makes key financial and operational decisions in alignment with CHP's strategic goals.
• Leads the development, management, and execution of the annual operating budget and departmental budgets.
• Ensures compliance with federal, state, and local regulations relevant to federally qualified health centers.
• Fosters a culture of continuous improvement within the finance team and across the organization.

Requirements

• Bachelor's degree in finance or accounting required; Master's degree or CPA preferred.
• Minimum of ten years' experience, including five years in a healthcare organization.
• Experience in fiscal services including grants, contracts, billing and collections, bookkeeping, and accounting.
• Knowledge of financial and budgetary practices, cash flow forecasting, and governmental fiscal regulations.
• Demonstrated experience in leading and managing change within an organization.
• Proven track record of driving innovation in financial processes and operational efficiency.
• Expertise in financial reporting, data analysis, and advanced financial software, including expert-level Excel skills.

Nice-to-haves

• Experience in primary or multispecialty ambulatory care and/or federally-qualified health centers.
• Familiarity with electronic health records and practice management systems.
• Strong leadership skills focused on building and mentoring high-performing teams.

Benefits

• Health insurance coverage
• 401k retirement savings plan
• Paid time off
• Flexible scheduling options
• Professional development opportunities