Chief Financial Officer

DAP Health•Palm Springs, CA

About The Position

At DAP Health, we are committed to transforming lives and advancing health equity for all. As a leading nonprofit health care provider, we deliver compassionate, high-quality care to the diverse communities of the Coachella Valley and San Diego County. Our comprehensive services range from primary care to mental health, wellness programs, and beyond, with a focus on those who are most vulnerable. Joining our team means becoming part of a passionate, innovative organization dedicated to making a meaningful impact in the lives of those we serve. If you're looking for a dynamic and purpose-driven environment, we invite you to explore the opportunity to contribute to our mission. Job Summary Under the direction of the Chief Executive Officer (CEO), the Chief Financial Officer (CFO) is responsible for directing the financial planning and fiscal strategy of DAP Health, its affiliates, subsidiaries and related entities through employing financial management techniques and practices to protect the Agency’s revenues and profits to achieve full financial control and sustainable growth.

Requirements

Must have ability to:
Demonstrate strong leadership and organizational skills;
Strategize and solve problems;
Effectively handle multiple tasks simultaneously;
Proactively identify, initiate, develop and implement administrative and financial procedures to meet the organizations and staff’s needs;
Establish collaborative working relationships with DAP Health personnel and with city, county, state, and federal contract monitors
Delegate and oversee special work and follow up to assure completeness and correctness of project processes
Accounting or Finance degree required
Minimum 10 years of experience at management level within a Finance department
Minimum 5 years of experience in an acute care or clinic setting working in a combination of the following: administration, finance, accounting, operations, and financial planning and analysis
Experience working with non-profit organization and fund accounting required
Experience with computer accounting/spreadsheet/database programs required
Knowledge of computer network systems
Operates in an office setting and requires frequent times of sitting, standing, repetitive motion and talking
Ability to lift up to 24 pounds

Nice To Haves

CPA or auditor background preferred
FQHC experience highly desired

Responsibilities

Keep, maintain, and manage all financial records of the agency, its affiliates, subsidiaries and related entities according to generally accepted accounting principles, suitable for successful audit by outside CPA’s, city, county, state and federal agencies, and other public/private Grant or Foundation, in compliance with contractual agreements including timely filing of all city, state, county and federal information and tax returns, sales tax returns, franchise returns, CMS cost reports, PPS reconciliations, UDS reporting, and HCAI utilization reports
Oversee compliance with grant agreements and all regulatory requirements (HRSA, CMS, DHCS/Medi‑Cal, OIG, IRS, HUD, and lender obligations)
Implement and monitor systems of internal control for accounting functions to ensure safeguarding our assets and resources
Write, update, and enforce Finance policies and procedures; present to CEO and Board for review and approval
Maintain current knowledge of authoritative pronouncements (FASB, GASB, HRSA, HUD, IRS) and legislation affecting nonprofit healthcare finance; ensure timely implementation
Supervise all Finance staff; set priorities, coach performance, and review work to assure accurate, timely processes across Accounting, FP&A, Revenue Cycle, Grants Finance, Payroll and Retail Operations
Foster a culture of integrity, accountability, inclusivity, and continuous improvement; mentor future leaders
Lead the preparation and development of DAP Health’s annual Capital and Operating budgets aligned to strategic goals and productivity/quality targets
Oversee preparation of monthly financial statements with clear comparisons to budget and forecast; analyze and explain significant variances for the CEO, Board, and Board Committees
Create and maintain strategic financial reports; provide sound, actionable analysis to CEO, department leaders, and Board members
Supervise DAP’s revenue cycle management staff who work closely with DAP Health’s clinic team to ensure timely and accurate collection of patient data, medical record and insurance information supporting timely and accurately billing for medical, dental, mental health, and pharmacy claims
Ensure DAP Health is paid all amounts owed for services rendered, grant awards, and 340B contract payments; manage all parts of Accounts Receivable to reduce AR days, denials, and underpayments
Oversee preparation and timely completion of all audit schedules; perform analyses as needed for audits of DAP Health and related entities (including retirement and flexible benefit plans); target unqualified opinions for all financial statements.
Ensure timely filing of Form 990 and related returns with federal and state agencies; ensure Single Audit readiness and compliance with Uniform Guidance (2 CFR 200).
Monitor and manage cash flow, reserves, debt covenants, and investment strategies to support operational needs and long‑term sustainability.
Maintain strong vendor and customer relationships to optimize financial performance.
In conjunction with the Finance Committee, oversee or participate in:
The Employee Benefits (Health and Welfare) Review Committee
Capital Committee
501c4 finance committee and board meetings
Vista Sunrise I finance committee and board meetings
Vista Sunrise II finance committee and board meetings
The DAP Health Foundation
Work with DAP’s CEO to drive the strategic financial planning for the Agency, affiliates, subsidiaries and related entities
Assist the DAP’s leadership, professional consultants and outside legal firms to assure all legal and regulatory documents are filed and compliance with laws and regulations are monitored
Communicate Agency goals, projects and timelines to department leaders
Monitor 501c3 status for DAP Health, ensuring the approved amount of the Agency’s 501c3 spending (50.1 percent or more) will be focused on social welfare projects within its mission and purpose
DAP maintains affordable housing for low-income community members and the CFO,while working with the property managers, is accountable for maintaining separate setsof records and accounts for timely and accurate financial and occupancy reports proper auditing as well as for the housing project according to GAAP/HUD and lender requirements. The Sunrise Vista I project accounts for funds collected as security deposits which are maintained in trust accounts separate and apart from all other funds of the project.
As new opportunities arise for DAP Health, the CFO will review financial, operational and fundamental information for the impact to current operations, mission, goals and objectives. While working closely with DAP’s leadership, programmatic team, board of directors and consultants to assist the team to create a positive experience for DAP Health which minimizes the disruption of care for its patients and clients. The goal of this team is to ensure any new opportunities will accelerate and maximize the value of consolidation through strategic planning.
Perform other job-related duties as assigned