Chief Financial Officer (CFO)

Tepeyac Community Health Center•Denver, CO

About The Position

Looking for a hands-on Chief Financial Officer (CFO) to direct and oversee all the organization’s financial activities to ensure integrity of all financial transactions, build financial sustainability, and safeguard the assets of Tepeyac Community Health Center. This includes overseeing the finance department, including accounts receivable, accounts payable, payroll, revenue cycle management, grants management, preparing the financial statements and presenting them to the Board each month, preparing the annual budget and approving procurement requests accordingly, and preparing forecasts for business growth and general economic outlook. Knowledge of FQHC reimbursements and managing new market tax credit financing models is a plus.

Requirements

Bachelor’s degree in Accounting or Finance required; Master’s degree preferred. If a candidate does not have a bachelors in accounting or finance, they must have completed an MBA.
CPA strongly preferred.
At least 7 years of experience managing the accounting and finances of a high growth $5 million or larger organization. Nonprofit experience preferred.
Experience working in the Federally Qualified Health Center (FQHC) or other health provider environment preferred.
Experience leading annual audits, identifying internal control weaknesses, and taking corrective action, implementing best practices, and organizational strategic planning.
Proficient in the use of accounting software to ensure accurate financial information; preference given for experience with SAGE accounting system.
Knowledge collecting supporting data to facilitate the completion of Medicaid and Medicare Cost Report desired.
Experience creating and presenting financial dashboards for communication to leadership, various committees, and Board of Directors.
Knowledge of the healthcare business/financial environment.
Must be able to analyze financial and operating data and make recommendations based on this analysis.
Excellent verbal and written communication skills.
Excellent analytical and organizational skills
Must be proficient in the use of Microsoft Office.
Must have the ability to effectively work with all Tepeyac leadership, managers, and employees in addition to outside vendors.
All employees of Tepeyac Community Health Center are required to be Colorado residents at time of hire and through their duration of employment.

Nice To Haves

Knowledge of FQHC reimbursements and managing new market tax credit financing models is a plus.
Bilingual (Spanish) ability a plus.

Responsibilities

Strategic thought partner with Executive Team to identify diversified revenue models to enhance organizational sustainability.
Solutions focused on identifying ways to create a financial system that has adequate bandwidth and agility to absorb unexpected needs.
Ability to lead the organization in initiatives that drive financial efficiency such as expense management and maximizing new revenue generating opportunities.
Identify opportunities for expansion into new services as well as identify when the organization needs to contract services and recommend strategies for each.
Oversee the preparation of the monthly financial reports (including budget-vs-actual variances).
Prepare budgets for the organization, departments, and programs.
Oversee fiscal management, analysis, and forecasting.
Maintain fixed asset system and perform related accounting.
Oversee all accounting functions and supervise staff responsible for accounts payable, accounts receivable, payroll, revenue cycle management, and grants management. Provide supportive coaching, feedback, training opportunities and corrective actions as needed.
Create and implement policies and procedures for the finance department to streamline workflows, improve efficiencies, and stay in compliance with federal regulations and GAAP.
Oversee financial budgeting, forecasting and cash flow management.
Draft grant budgets in conjunction with stakeholders and the Grants Manager, review grant contracts, and ensure invoicing and accounting on all grants and government contracts including payroll allocation, are completed in a timely manner.
Create a grant management process and workflow to manage financial reporting of multiple grants and share monthly reports with the executive team and Tepeyac’s Board of Directors.
Ensure compliance with all financial HRSA requirements and report all financial data through the Uniform Data System (UDS). Actively monitor changes in reimbursements programs such as Medicaid and Medicare.
Ensure New Market Tax Credit (NMTC) due diligence and reporting. Responsible for managing consolidated and individual accounting systems for Tepeyac Community Health Center and the Qualified Active Low-Income Business (QALICB)
Coordinate the annual audit, tax return preparation, and provide requested supporting schedules.
Work with the CEO and Board regarding the investment of funds to maximize the return on capital.
Create and review all new and existing contracts and monitor the contract system. Responsible for managing all aspects of the vendor contracting and BAA process, including identifying when contracts are needed.
Oversee investment of funds and leads strategies to raise additional capital.
Project management and performance improvement skills to implement initiatives based on data informed decisions.
Maximize existing fee for service revenues, while also creating the systems and structure for generating a higher percentage of revenue from value-based care and population health strategies while maintaining Tepeyac’s mission of providing affordable healthcare.
Evaluate and create sound fiscal policies and standards of practice for the organization, including financial internal controls, sliding fee scale, patient charges, and revenue cycle adjustments.
In partnership with the HR Director, aligns HR and finance metrics with Tepeyac’s objectives, including total compensation system and philosophy.
Develop departmental goals and monitor performance in relation to those goals.
Study long-range economic trends and project company prospects for future growth. Identify opportunities for increasing financial stability.
Work with capital campaign stakeholders to determine requirements for capital, land, buildings, and staffing to enable Tepeyac to increase the number of patient visits annually. This includes long-term financial modeling (including the effect of alternative payer-mix assumptions) and cost management in alignment with Tepeyac’s strategic goals.
Attend required internal meetings, trainings, and events.
Other duties as assigned.