Chief Financial Officer

East Boston Neighborhood Health Center CorporationRevere, MA
8d$240,000 - $450,000Hybrid

About The Position

Thank you for your interest in a career at NeighborHealth, formerly East Boston Neighborhood Health Center! As one of the largest community health centers in the country, NeighborHealth is proud to serve the greater Boston area with a strong commitment to the health and well-being of our patients and communities. Whether you're a nurse or physician providing direct care, a manager leading dedicated teams, or part of the essential support staff who keep our operations running smoothly — every role at NeighborHealth is vital. Together, we’re advancing medicine and delivering the best care experience for our patients and community! Interested in this position? Apply online and create a personal candidate account! Current Employees of NeighborHealth - Please use our internal careers portal to apply for positions. To learn more about working at NeighborHealth and our benefits, please visit out our Careers Page . Position Summary: The Chief Financial Officer (CFO) is a key strategic partner to the President & CEO and a critical member of NeighborHealth’s Executive Leadership Team. The CFO provides vision, oversight, and accountability for all financial operations across the organization—including primary care, behavioral health, specialties, PACE, pharmacy/340B, grants management, and administrative functions. The CFO is responsible for the organization’s long-term financial sustainability, the integrity of all financial reporting, and execution of systems, controls, and processes that meet Federal, State, HRSA, CMS, and hospital-licensed health center (HLHC) requirements. This role oversees Accounting, Financial Planning & Analysis (FP&A), Revenue Cycle, Billing/Coding, Payroll, Payables, Procurement, and Grants Management functions. The CFO ensures accurate, timely, and transparent financial information to leadership and the Board, while positioning NeighborHealth to thrive in an increasingly complex and value-based healthcare environment.

Requirements

  • Bachelor’s degree in Accounting, Finance, Business Administration, or related field required.
  • Minimum of 7–10 years of progressive leadership experience in healthcare finance, with at least 5 years as a senior leader (Controller, VP Finance, CFO).
  • Direct experience in: Federally Qualified Health Centers (FQHCs) or community health systems PACE program financial management and regulatory compliance Pharmacy/340B program finance Hospital-based or HLHC billing and reimbursement preferred
  • Demonstrated experience with multi-payer environments—including capitation, risk-based contracts, ACO models, commercial plans, Medicare/Medicaid, and value-based arrangements.
  • Proven leadership in systems modernization, process improvement, and financial transformation.
  • Deep knowledge of: FQHC and PACE regulations, 340B program, and Medicaid/Medicare reimbursement Third-party billing, risk adjustment, and alternative payment methodologies Grants management (federal, state, private) and uniform guidance Healthcare operations, capital planning, and cost accounting
  • Strong analytical skills; ability to model scenarios, analyze financial performance, and communicate complex concepts clearly.
  • Exceptional communication and presentation skills; comfortable engaging with Board members, community partners, auditors, and regulators.
  • Strong relationship-builder with the ability to work across functions and foster organizational trust.
  • Strategic, innovative, and mission-driven, with the willingness to “roll up sleeves” in a dynamic environment.

Nice To Haves

  • Master’s degree (MBA, MHA, MPH) and/or CPA strongly preferred.

Responsibilities

  • Strategic Financial Leadership Serve as the organization’s chief financial strategist, developing long-range financial models, forecasts, and strategies aligned with NeighborHealth’s mission and strategic plan.
  • Advise the CEO, Board of Directors, and Executive Leadership Team on the financial implications of strategic initiatives, new programs, partnerships, and market trends.
  • Lead short- and long-term capital planning, debt management, investment strategies, and liquidity management.
  • Present financial performance, risks, and opportunities to the Finance Committee and Board of Directors.
  • Financial Operations & Compliance Oversee all financial accounting, reporting, and internal control functions to ensure accuracy, transparency, and compliance with GAAP, OMB Uniform Guidance, HRSA, CMS, 340B, and federal/state regulatory requirements.
  • Direct preparation of all regulatory filings, including UDS, FSR, Medicaid cost reports, PACE financial reporting, IRS Form 990, and grant financial reports.
  • Serve as primary liaison to external auditors, financial institutions, and regulatory agencies.
  • Ensure appropriate organizational insurance coverage, including property, liability, malpractice, directors & officers, workers’ compensation, and stop-loss coverage.
  • Oversee Finance, Revenue Cycle, and Billing Operations Provide leadership to Accounting, Financial Planning & Analysis (FP&A), Revenue Cycle, Billing/Coding, Payroll, Payables, Procurement, and Grants Management teams.
  • Ensure efficient, compliant billing and collections processes across primary care, behavioral health, dental, pharmacy, PACE, and specialty programs.
  • Oversee optimization of E&M, HCC, and risk-based payment accuracy; drive strategies to maximize reimbursement and reduce avoidable denials.
  • Maintain strong internal controls around cash, purchasing, procurement, and treasury functions.
  • PACE & Pharmacy/340B Financial Oversight Ensure compliance with federal and state PACE financial requirements, including budgeting, encounter reporting, capitation reconciliation, risk adjustment, and cost allocation.
  • Serve as internal advisor on 340B/retail pharmacy strategy; oversee financial modeling, contracting, and compliance with HRSA, state, and payer requirements.
  • Review and negotiate key financial contracts for PACE, pharmacy vendors, payer agreements, value-based arrangements, and managed care contracts.
  • Budgeting, Forecasting & Analytics Lead development of the annual operating and capital budgets in collaboration with all departments; ensure budget accountability throughout the year.
  • Create and maintain dashboards, KPIs, and data analytics to support decision-making across clinical, operational, and financial domains.
  • Analyze financial performance trends, risks, and opportunities; implement cost management and revenue enhancement strategies.
  • Systems & Process Modernization Lead modernization of financial systems, decision-support tools, and revenue cycle infrastructure to increase efficiency, accuracy, and scalability.
  • Ensure the Finance and Revenue Cycle teams have robust technology, business intelligence tools, and workflows to support a rapidly growing, multi-site organization.
  • Leadership & Culture Recruit, develop, mentor, and evaluate a high-performing Finance and Revenue Cycle team; foster a culture of accountability, continuous improvement, and service excellence.
  • Promote collaborative partnerships across clinical, operational, IT, and administrative teams.
  • Uphold NeighborHealth values of respect, compassion, teamwork, and innovation in all interactions.
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