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Chief Financial Officer - Healthcare - Memphis, TN in Memphis at Vaco

Date Posted: 3/7/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Memphis
  • Job Type:
  • Experience:
    At least 7 year(s)
  • Date Posted:
    3/7/2019
  • Job ID:
    CHIEF91088

Job Description

Vaco Memphis is pleased to partner with our client in their search for a Chief Financial Officer. All correspondence is kept strictly confidential.


POSITION SUMMARY

The Chief Financial Officer will lead all aspects of the following functions: accounting, financial reporting, budgeting, financial planning and analysis, business and operational reporting and analysis, performance measures, decision support, revenue cycle management and related matters.


KEY RESPONSIBILITIES

Achieve Results

  • Affect the success of the organization through the establishment and management of all financial budgeting, business, operational and financial planning processes for the organization.
  • Ensure the effective development and day-to-day management of systems and processes associated with accounting, reporting, and decision support.
  • Provide expert support and financial stewardship for the organization. Ensure risks and issues which may affect the financial health of the organization are identified, addressed, and remedied.
  • Ensure the organization's leadership, including its Board of Directors, is supported with timely and accurate planning, budgeting, accounting, and reporting of financial and operational outcomes.
  • Support new business development through expert analysis, planning, and decision support.
  • Ensure the effective development and day-to-day management of revenue cycle management systems and processes, including billing, AR management, revenue maximization, and collections.

Operational Excellence

  • Ensure that all financial, accounting, and administrative policies, functions, systems and processes are performed consistent with all generally accepted accounting principles (GAAP) as well as within the highest professional, ethical, and legal standards.
  • Establish and/or measure business and operating compliance with all internal policies and practices, as well as local, state and federal laws and regulations.
  • Establish and/or measure revenue cycle management effectiveness.

Relationship Management

  • Establish and ensure collaborative, supporting relationships within the organization.
  • Establish and maintain positive, effective relationships with key resources, including the Bureau of Primary Health Care, state agencies and funding sources, banks, lenders, regulators, audit firms, and related external resources.

Leadership and Supervision

  • Implement and uphold all policies of the organization and ensure that all operations are consistent with the stated mission and direction set forth by the Board of Directors.
  • Foster a workplace that results in the development of a high performing team. Recruit, develop and inspire a highly effective team of financial and operational professionals. Ensure that all staff are properly coached and directed, and that clearly defined measurements of performance and rewards are utilized to enhance individual and organizational effectiveness.


POSITION REQUIREMENTS

  • Bachelor's degree in Finance, Accounting or related field. MBA/CPA or related credential and education strongly preferred.
  • Demonstrated success in the role of senior financial executive with a comparable or larger sized organization. Federally Qualified Health Center experience would be highly preferred.
  • Substantial business experience and exposure within the health care industry.
  • Substantial knowledge and expertise in all facets of finance, accounting, business planning, information systems and related disciplines.
  • Demonstrated success in the development and implementation of financial and accounting systems and processes.
  • Ability to provide leadership & establish commitment to the development and implementation of financial strategies, plans, policies and business initiatives.
  • Demonstrate a high level of skill at building relationships and strategic partnerships both internally and externally.

REF # 161370