Chief Financial Officer

Oakland Community Health Network•Troy, MI

2d•Hybrid

About The Position

The Chief Financial Officer (CFO) serves as OCHN's senior financial executive and strategic advisor to the Chief Executive Officer. The CFO provides executive leadership for all financial operations with a focus on ensuring the long-term fiscal health and sustainability of OCHN and its contracted provider network. Responsible for the strategic direction and oversight of financial planning, budgeting, forecasting, accounting, financial reporting, internal controls, and audit activities, the CFO ensures the effective stewardship of public resources and organizational assets. The CFO establishes, implements, and monitors long-range financial strategies and objectives that support OCHN's mission, strategic priorities, and operational goals. This position provides executive oversight of multiple federal, state, local, grant, and Medicaid funding sources, ensuring compliance with all applicable laws, regulations, contractual requirements, and governmental accounting standards. The CFO monitors financial performance, identifies organizational risks and opportunities, develop strategy that supports organizational sustainability and provides data-driven financial analysis and recommendations to support executive decision-making. Working collaboratively with executive leadership, community partners, and external stakeholders, the CFO promotes financial accountability, transparency, and operational excellence while ensuring the efficient, effective, and fiscally responsible delivery of behavioral health services throughout the OCHN network across Oakland County.

Requirements

Bachelor's degree in Accounting, Finance, Business Administration, Public Administration, Healthcare Administration or related field.
Minimum of ten (10) years full-time work experience in financial analysis, business administration, general accounting, cost accounting, or related area, in a complex multi-site, multi-function governmental entity with increasing responsibilities in a managerial or supervisory capacity.
Working knowledge of state, federal, and local contract obligations of Pre-Paid Inpatient Health Plans (PIHP) and Community Mental Health Specialty Programs (CMHSP).
Demonstrated knowledge of budgetary development and management and accounting principles and procedures.
Demonstrated knowledge of statutes, ordinances, resolutions, and regulations governing accounting, auditing, and fiscal procedures.
Working knowledge of Organizational Strategic Planning.
Demonstrated expertise in Generally Accepted Accounting Principles (GAAP).
Expertise in applying GASB standards.
Ability to lead multi-area teams with competing priorities.
Ability to develop and manage individuals and team culture.
Guiding, leading, and training staff and other members of OCHN on Behavioral Health Fund Source management.
Training management.
Ability to analyze, evaluate and collaboratively use financial data for continuous improvement.
Ability to diagnose, initiate, plan, develop, coordinate, and implement multi-program improvement activities.
Ability to compile statistics, decipher pertinent information, and present clear, concise, and understandable oral and written financial operational and other types of departmental reports to officials and other interested groups or individuals.
Demonstrated proficiency in the utilization of data processing techniques.
Ability to prioritize and direct the Budget and Finance Team high-level projects, issues, and concerns.
Reports directly to the CEO, to forecast, provide financial analysis, and funding trends that lead to data-driven decisions that support operations and secure quality service delivery reports.
Ability to recognize and analyze complex operational/administrative or fiscal problems, and to recommend and implement solutions.
Ability to work collaboratively and positively with all levels of the organization and network, creating an environment that recognizes challenges, initiates collaborative problem-solving and effectively implements solutions.
Ability to recruit, select, supervise, plan, direct, and evaluate the work of professional, administrative, and clerical employees.
Ability to define and provide developmental opportunities for future succession planning and skill enhancement.
Ability to communicate effectively, both orally and in writing.
Demonstrated ability to initiate, plan, develop, coordinate, and implement system-wide programs/initiatives.
Highly effective project management skills.
Highly effective interpersonal, active listening, negotiation, and conflict resolution skills.
Ability to respond appropriately to and manage crisis situations.
Engage with all providers in OCHN's provider network to promote the mission, vision, and values of the organization.
Keeps the Chief Executive Officer and Executive Leadership of critical issues and challenges that impact the financial standing of OCHN and impact the provision of services, supports, and provides network stability.
Must have available means of transportation to and from OCHN and for required offsite meetings or site visits.
Must be available for meetings and events which may occur outside of standard office hours.
The ideal candidate must be able to complete all physical requirements of the job with or without a reasonable accommodation.

Nice To Haves

Master's degree in a relevant discipline preferred.
Governmental healthcare finance
Medicaid managed care
PIHP/CMHSP or related health system
Public sector budgeting
Behavioral health

Responsibilities

Leads, develops, mentors and evaluates the Budget and Finance Division.
State and Federal reporting.
Understanding of Prepaid Inpatient Health Plan and Community Mental Health System contractual reporting requirements, cost accounting, system delivery, and allowable costs for each specific fund source.
Annual Financial Audit and Single Audit knowledge on process and procedures for governmental accounting, Medicaid rules and regulations, and necessary policies and procedure necessary to adhere to 42 Code of Federal Regulations, and GAAP principles.
In-depth knowledge of the Michigan Behavioral Health System, costing and cost allocation methods, system budget development and forecasting, healthcare analytics, managed care rules and regulations, outcome-based funding development and implementation.
In-depth knowledge of federal, state, and local fund sources and their rules & regulations, governmental accounting, and the Code of Federal Regulations, financial and single audits expectations and guidelines.
Develops innovative financial strategies while ensuring compliance with state and federal regulations.
Serves as the organization's primary financial liaison with external auditors, banking institutions, regulatory agencies and other financial partners.
Ability to plan and supervise the implementation of system or process innovations to improve the efficiency and outcomes of services to individuals.
Leads development of annual operating and capital budgets.
Oversees long-range financial forecasting.
Provides financial analysis to support executive decision making.
Oversees cash management and investment activities.
Ensures effective internal controls.
Presents financial information to the Board.
Oversees financial systems and reporting improvements.
Identifies financial risks.
Develops financial policies.
Additional duties, as assigned.