Company Description
We empower healthcare organizations through strategic IT talent solutions. Specialized in Healthcare IT recruitment, we seamlessly connect top-tier professionals with health systems, HealthTech firms, and consulting companies. Through agile hiring strategies and embedded recruitment services, we build high-performing teams in EHR, interoperability, cybersecurity, and IT leadership. Transform your organization with the right talent at the right time.
Role Description
This is a full-time on-site role for a Chief Financial Officer in Boston, MA. Under the general direction of the Chief Executive Officer (CEO), the Chief Financial Officer (CFO) leads, plans, organizes, directs, and controls the financial functions of our company and its financial health. The incumbent will be responsible for overseeing the fiscal management of the organization, including all planning, forecasting, and monthly expense management, as well as ensuring financials records are audit ready. In addition, the CFO ensures the organizations is in compliance with all applicable accounting requirements and is adhering to all local, state, and federal laws.
Essential Functions
- Provide leadership, direction and management of the finance and accounting team.
- Develop financial controls and processes to ensure fiscal integrity.
- Conducts measurements and benchmarking of financial trends.
- Hires, trains, coaches, counsels, and evaluates performance of finance staff.
- Monitors and ensures accounts receivables and cash collections goals are met and revenue is properly stated.
- Manage relationships between Care Access, operations, and revenue cycle to maximize client revenue.
- Manage the processes for financial forecasting and budgets and overseeing the preparation of all financial reporting.
- Assist in negotiation of contract terms with third-party payers and prepare pro-forma analysis of contracts, program expansions and acquisitions.
- Advice on long-term business and financial planning, as well as the overall health of the organization.
- Provide insight and leadership across the business to exceed business plan targets.
- Responsible for ensuring the finance department' s risk and compliance management framework is embedded and operational within our company
- Establish and develop relationships with senior management and external partners and stakeholders.
- Responsible for completing daily, monthly, quarterly, and annual reporting accurately and within specified deadlines as required.
- Develop and coordinate the operational functions of the accounting department.
- Oversee accounting activities and cash, investment, and asset management.
- Oversee the payment of expenses and invoices consistent with company policies and controls.
- Develop close procedures which help the company report its financial results in a timely manner.
- Guide financial decisions by establishing, monitoring, and enforcing policies and procedures.
- Protect assets by establishing, monitoring, and enforcing internal controls.
- Monitor and confirm financial condition by conducting audits and serving as the primary contact for the external auditors.
- Track, forecast and analyze the use of cash to ensure the company has sufficient funds to meet its obligations.
- Responsible to ensure finance and Board meetings materials are delivered timely and accurately.
- Compare actual performance against budget by establishing schedules, collecting, analyzing, and consolidating financial data and recommending actions.
- Provide status of financial conditions by collecting, interpreting, and reporting financial data.
- Comply with federal, state, and local legal requirements by studying existing and new legislation; anticipating future legislation; enforcing adherence to requirements; filing financial reports; advising management on needed actions.
- Ensure compliance with tax requirements and serves as the primary point of contact with outside tax consultants.
- Oversee preparation and submissions of Medicaid cost reports and any other reports as required.
- Participates in optimizing strategic initiatives and planning through challenges to cost/benefit of short- and long-term initiatives.
- Foster culture of customer service and commitment to quality care.
- Serve as a brand ambassador for our company reflecting our vision, mission, and values.
- Show genuine interest and compassion for the communities we serve and commitment to the diversity of our clients and team members.
- Mentors and supports team members.
- Other duties as assigned.
Education, Experience And Licensure Requirements
- Bachelor's degree in accounting, or finance required. Master's Degree preferred.
- Certified Public Accountant (CPA) designation preferred.
- Eight to ten years of experience in financial management required CFO role or equivalent, preferably in healthcare.
- Mergers and acquisitions experience preferred.
- Knowledge of accounting, payroll, budget preparation and monitoring and administrative office operations from intake through discharge.
- Ability to work well under pressure, maintain confidentiality and work with diplomacy and tact required.
- Ability to succeed in a results-driven, fast-paced environment while collaborating effectively as part of a team.
- Excellent analytical and organizational skills.
- Experience with Accounts Payable, Accounts Receivable, Budget Management, Compliance, Financial Analysis, Accounting Systems (NetSuite and Quickbooks), Payroll
- Demonstrated leadership ability to effectively manage and develop a team.
- Exceptional written and verbal communication skills, with strong and professional interpersonal abilities.
- Able to travel to all our sites.
Perks And Benefits
- Health Insurance with a 75% employer contribution!
- Dental and Vision Benefits
- Supplemental Benefits including Life, Accident, Critical Illness and Disability Insurance.
- 401K with a company match
- Generous Paid-Time-Off
- Competitive pay rate
- Unique one-on-one care environment
- Supportive team structure and company culture with a focus on work/life balance
- Wellness Benefits
- Tuition Reimbursement
