Chief Financial Officer
The Chief Financial Officer (CFO) is responsible for all aspects of the financial operations for the agency. Reporting directly to the Chief Executive Officer (CEO), the CFO provides accounting, budgetary, operational, and programmatic support to all agency programs and activities. The CFO directly oversees and supervises the financial/accounting staff and other departments as directed by the CEO. The CFO serves as an active member of the Executive Management Team helping to develop and implement the agency’s vision and mission.
Duties and Responsibilities
- Actively manage the day-to-day accounting and financial operations of the agency.
- Develop budgets for the agency, individual programs and new/proposed/expanded services, including the preparation of budget revisions as needed.
- Prepare, analyze, and present monthly financial reports for the agency, its programs, and activities.
- Report on financial results and issues to the CEO and Board of Directors.
- Oversee and review the preparation program financial reporting required for funding sources.
- Manage the Billing, Accounts Receivable and Accounts payables functions/staff and the integration of billing information from the Electronic Health Record system into the accounting system.
- Oversee the agency’s banking activities and actively manage cash flow to ensure it meets agency needs.
- Manage the negotiation and execution of agency contracts with funding sources, vendors, and collaborative service providers.
- Manage accounting control systems and internal audits enduring the accurate and timely production of accounting information and financial reports.
- Monitor changes in legal, regulatory, and administrative environments and implement changes in procedures and needed to maintain compliance while maximizing operational and financial results.
- Manage the agency’s liability insurance program, including ongoing risk analysis.
- Serve as the agency’s primary liaison with its independent Auditor to ensure the annual audit is completed smoothly and in a timely manner.
Qualifications
- Graduate degree from an accredited college or university; Certified Public Accountant a plus.
- Three to five years of senior management experience with an organization with operations more than $5 million per year and over 100 employees in the health care sector, preferably with a non-profit agency.
- Managerial experience with non-profit behavioral health and/or health care agency providing services under contract with the District of Columbia a plus.
Knowledge of the following:
- General accounting and financial reporting procedures in accordance with the District of Columbia
- Medicaid and Federal Reimbursements
- Current Health Care sector environment and trends.
- General office software, particularly Microsoft Office Suite, and accounting software packages.
Salary and Benefits
The salary band for this position starts at $120,000 annually. Commensurate with experience. Hillcrest has a competitive benefits package that includes medical, dental and vision insurance, long and short-term disability insurance, life insurance, 401K, and paid leave.