Central Ozarks Medical Center (COMC) is excited to announce an opening for a Chief Financial Officer! COMC is a Missouri non-profit, federally qualified health center that has served Pulaski, Laclede, Camden and Miller counties for over 40 years. Our goal is to provide the highest quality, affordable healthcare to the communities we serve. COMC is looking for a dynamic, strategic, mission-driven team member with a strong background in finance and management. The ideal candidate will have a proven track record in financial strategy, financial planning and analysis, financial reports, audits, and compliance. The anticipated start date for this position is January 2025. This position will be officed in Richland, Missouri.
Responsibilities: The Chief Financial Officer will serve as a member of the Executive Team and lead the development, implementation, and day-to-day management of all COMC’s processes related to accounting, financial planning and reporting, budgeting, business and operational reporting and analysis, performance measures and decision support. This CFO is a member of the health center’s Executive team and will participate in strategic planning, provide input on health center programs and operations when appropriate and will represent COMC in the community, as requested by the CEO.
Provides direct supervision to the following positions:
- Controller
- Director of Revenue Cycle
- IT Manager
PRIMARY ACCOUNTABILITIES
Achieve Results
- Affect the success of the organization through the establishment and management of all financial budgeting, business, operational and financial planning processes for the organization.
- Ensure the effective development and day to day management of systems and processes associated with accounting, revenue cycle, billing, reporting, decision support and information technology.
- Provide expert support and financial stewardship for the organization. Ensure risks and issues which may affect the financial health of the organization are identified, addressed, and remedied.
- Ensure the organization’s leadership, including its Board of Directors, is supported with timely and accurate planning, budgeting, accounting, and reporting of financial and operational outcomes.
- Support new business development through expert analysis, planning, and decision support.
Operational Excellence
- Responsible for oversight of annual audits and cost reporting processes.
- Provide oversight of Accounts Payable, Accounts receivable, Revenue Cycle, and Payroll processes.
- Manage multiple grants at the local, state, and federal levels to ensure compliance.
- Responsible for high level analysis related to grant program development and Health Center strategy and growth.
- Knowledge of 340B program and collaboration with 340B/pharmacy staff to ensure growth of program and compliance with all federal and state regulations/reporting requirements.
- Ensure that all financial, accounting, and administrative policies, functions, systems, and processes are performed consistent with all generally accepted accounting principles (GAAP) as well as within the highest professional, ethical, and legal standards.
- Establish and/or measure business and operating compliance with all internal policies and practices, as well as local, state and federal laws and regulations.
- Ensures Health Center policies are compliant with GAAP and HRSA requirements.
- Serve as a member of the Finance Committee and attend/participate in Board of Directors meetings at the request of the CEO.
- Present timely and accurate reports to the CEO and the Board of Directors.
- Participate in Health Center activities and actively engage as a member of the leadership team.
- Serve as organizational decision maker in absence of the CEO.
Relationship Management
- Establish and ensure collaborative, supporting relationships within the organization.
- Establish and maintain positive, effective relationships with key resources, including the Bureau of Primary Health Care, Missouri Primary Care Association, state agencies and funding sources, banks, lenders, regulators, audit firms, and related external resources.
Leadership and Supervision
- Implement and uphold all policies of the organization and ensure that all operations are consistent with the stated mission and direction set forth by the Board of Directors.
- Foster a workplace that results in the development of a high performing team. Recruit, develop and inspire a highly effective team of financial and operational professionals.
- Ensure that all staff in assigned departments are properly trained, coached, and directed, and that clearly defined measurements of performance and rewards are utilized to enhance individual and organizational effectiveness.
- Other duties as assigned.
Qualifications Requirements: The CFO should have 7-10 years’ progressive experience, preferable in a healthcare environment, in the areas of general accounting. Knowledge of cost reporting, grant oversight, and insurance is preferred. Knowledge of ACOs, and other insurance programs and incentive programs is preferred. Must have knowledge of 340B prescription program. Experience in partnering with an executive team and a high level of written and oral communication skills required. Must have the ability to plan and organize work so as to meet deadlines.
Education and/or experience: The CFO must have completed a program of study in the field of accounting or have appropriate experience in related fields. A master's degree in accounting or business administration is required.
Language Skills: Ability to read, analyze, and interpret financial reports and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to effectively present information to top management, public groups, and the Board of Directors.
Mathematical Skills: Ability to work with all accounting concepts.
Reasoning Ability: Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
Other Skills and Abilities:
Revenue and Profit: Results driven; aligns and allocates time and energy on key drivers. Understands key metrics, revenue drivers, and ROI expense analytics. Strong budget and strategic planning abilities. Sets realistic monthly, quarterly, and annual objectives.
Professional Acumen: Strong supervisory skills and training skills; Provides continual, direct feedback. Clearly communicates vision and aligns team members around it. Appropriately delegates authority and responsibility and holds accountable. Tailors coaching style to the individual’s needs and appropriate professional boundaries. Ability to develop trusting, mutually respectful relationships with professionals. Effectively communicates needs and expectations. Must address others professionally and respectfully by actions, words and deeds. Recognizes and celebrates success.
Business Acumen: Builds business and leadership skills of others to take appropriate action to generate positive cash flow. Proficient knowledge of operational processes and best practices. Effective Collaborator with Peers and Support Resources. Measures and communicates monthly results. Prioritizes work and time/schedule to achieve business objectives. Detail oriented, organized, process focused, problem solver, self-motivated proactive, customer service focused. Plans ahead (6-12 months) to anticipate and overcome potential obstacles to success. Innovates to improve processes.
Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. This includes moderate physical effort consisting of occasionally lifting or moving over 35 pounds of weight.
Travel Requirement: To fulfill the responsibility of the position travel to various areas of the region is required. Employee must have valid Missouri driver’s license and availability of a motor vehicle. Overnight travel may also be required in specific incidences of training, conferences, etc.
Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Knowledge of, and compliance with, HIPAA and 340B regulations is required. Confidentiality of patient and company information is mandatory.
About COMC: Central Ozarks Medical Center has been providing quality health care in Central Missouri since 1979. Central Ozarks Medical Center’s staff members are committed to leading the way to healthier communities. COMC offers a wide range of services based on the needs of the communities we serve. We pride ourselves on offering high quality healthcare regardless of insurance status.
Our Mission: COMC is committed to leading the way to healthier communities by reducing barriers to care, ensuring access for all, and creating a positive working environment of engaged team members with a shared goal.
Our Values: At COMC, we use the following strategically anchored values to guide all our actions:
Selfless Service: We lead by example. Approachable: We communicate openly. Resilient: We enable and Inspire. Passionate: We promote community. Responsive: We take action. Resourceful: We collaborate.
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