Health e Practices LLC, is excited to partner with The Portland Clinic to identify their next Chief Financial Officer.

The following information is designed to outline the essential functions and position requirements of this job. It does not identify all tasks that may be expected, nor address the performance standards that must be maintained.

Primary Function Responsible for partnering with staff and board leadership to ensure the financial success of The Portland Clinic. CFO oversees team of professionals who are responsible for the daily financial functions of the clinic. CFO analyzes current trends, proposes new tactics, measures results and recommends improvements. CFO works closely with CEO, CMO, COO, and other executives on execution of the clinic’s strategic plan and is a key ex-officio member of the Executive Board of five Partner owners.

Duties and Responsibilities: ( * Essential Functions)

Analyze financial trends in all aspects of the clinic operation and present findings and recommendations to the executive leadership team for discernment and action.*
Serve as an engaged participant on the Executive Chiefs Team, which guides the execution of The Portland Clinic Strategic Plan.*
Prepare and offer timely, accurate and engaging presentations to all the Partners and Associates who attend the Quarterly Clinic Partnership meetings.
Address physician questions, comments, and concerns in a timely manner.*
Supervise team members as outlined in the TPC organizational chart. Ensure deadlines are met related to reporting, work queues, billing, and accuracy.*
Maintain a positive team environment in these departments and conduct annual performance evaluations for all direct reports.*
Serve as the clinic’s chief liaison with critical contractors, including the clinic’s primary bank, its outside accountant, cost reduction analysis personnel, etc.*
Offer accurate, timely and insightful reports about the clinic finances to Executive Board. Also address all other issues related to finance that are on the agenda.*
Supervise the preparation of the annual clinic budget. Collaborate with the controller and clinic supervisors on their portions of the budget.*
Calculate and ensure the accuracy of provider compensation. Effectively communicate changes in compensation. Use the Partner/owner compensation formula to calculate pay and bonuses for all participants. Calculate quarterly the estimated retirement plan contributions for Partners.*
Partner with team leaders on applications such as coverage for property, crime, D&O, Cyber, general liability, auto, and ASC.*
Meet with associates interested in joining the partnership and calculate the impact of the partner formula and a comparison of their current status.*
Invest monies regularly based on cash flow following the clinic’s investment policy.*
Collaborate closely with our outside auditors on the Clinic Annual Audit. Prepare necessary schedules and research all questions that they have based on their findings. Coordinate all tax filings with outside tax accountants.*
Regularly evaluate financing options.
Attend conferences and seminars that continually provide excellent information on the latest financial practices and where we can generate more revenue or save additional costs.*
Regularly audit reports from health insurance plans related to risk pool settlements, to ensure their accuracy.
Oversee Capital Budget requests and the process for approval, in working closely with Purchasing and the Value Analysis Team.*
Oversee Portland Coordinated Care Association (PCCA).
Assume projects given by the CEO or the Executive Board.
Work in a cooperative manner with management/supervision, coworkers, customers, and vendors.*
Abide by company policies.*
Maintain regular, in person, work attendance and punctuality, as scheduled.*
Other duties as assigned.

Requirements:

Minimum of 10 years of progressive financial management experience, ideally within a large physician-owned practice required.
Minimum 2 years’ experience in public accounting preferred.
Bachelor’s degree in healthcare administration, accounting, finance, or related field required.
CPA or MBA strongly preferred.

Experience/Qualifications/Skills Preferred:

Experience managing finances in multi-specialty or equivalent health care business.
Proven track record of producing accurate, timely, and insightful financial reporting.
Strong leadership skills with experience managing and developing teams.
Demonstrated ability to communicate complex financial concepts to non-financial stakeholders, particularly physician leaders or professional owners.
Collaborative and strategic mindset with a commitment to teamwork and organizational success.
Experience in using products such as: Microsoft Office(Excel, Work, PowerPoint, Access), Epicor Accounting Software with FRx report writer, EPIC (Electronic Health Record).
Compassionate, patient, tactful, diplomatic, sociable, well organized, thorough, and independent.
Planning, organizing, and delegation skills.
Excellent communication skills, especially in presenting information to physicians and Executive Board.
Skill in establishing and maintaining effective working relationships with Business Office, Executive Board, physicians, and other staff.

Health e Practices, LLC

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Chief Financial Officer - The Portland Clinic