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Chief Financial Officer

SEMRHI
Posted 8 days ago, valid for 19 days
Location

Hattiesburg, MS, US

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • The Chief Financial Officer (CFO) position is based in Hattiesburg, MS, and requires a Bachelor's degree in Accounting, Finance, or Business, with a preference for a CPA or Master's degree.
  • Candidates must have a minimum of 10 years of progressively responsible financial leadership experience, including at least 5 years in supervisory roles within complex nonprofit organizations.
  • The CFO will be responsible for strategic financial planning, budgeting, and compliance with financial standards, while providing financial insights to the CEO and Board of Directors.
  • The annual salary for this role is competitive and commensurate with experience, reflecting the responsibilities and expectations associated with the position.
  • Candidates should possess excellent communication skills and a proven ability to lead high-performing finance teams, with knowledge of healthcare industry standards and grant management being preferred.

Job DetailsJob Location: Administration - Hatiesburg, MS 39401Job Summary: The Chief Financial Officer, under the authority of the Chief Executive Officer, is responsible for ensuring our continued growth, sustainability, and providing a vision for continued financial success.  The CFO’s responsibilities will encompass strategic financial planning, budgeting, accounting, maintaining the accountability of all corporate funds and grants, and much more in alignment with our mission, values and strategic long-term plans.   Job Responsibilities: Strategic Planning for Growth: Take the lead in positioning the organization for strategic growth. This involves closely monitoring economic conditions, industry standards, and market trends to make informed decisions that align with our business plan. Will be crucial in ensuring that our financial strategy supports our mission and long-term sustainability. Financial Reporting and Advice: Provide timely and accurate financial reports, statements, and decision-supported information to the CEO, Board of Directors, and other management team members. Financial insights will be instrumental in guiding the organization's strategic decisions. Establishing Financial Standards and Policies: Will have responsibility to set and enforce financial standards, policies, and procedures to ensure compliance with regulatory guidance. This includes requirements of HHS and HRSA 330 grant requirements, among others  Oversee or process (if needed) payroll and/or prepare required payroll related reports such as retirement, payroll schedules, etc. Prepare for annual independent audit and provide staff support during the audit process Performance Improvement:  Identifying opportunities to improve our financial performance. Implement innovative and cost-effective solutions to drive change management and business process improvement, ensuring that we operate efficiently and effectively Staying Informed: Seek out innovative industry best practices and trends. This includes exploring new technologies and systems that can enhance the accuracy, efficiency, and ease of managing our financial operations Implements the internal control policies by monitoring the accounting system, accounts receivable, billing, collections purchasing and accounts payable Assist in the development of accounting and internal control policy manual Maintain accountability of corporate equipment and furnishings by conducting annual physical inventory with reconciliation to corporate reports (updates schedules for additions and deletions) Cash Management: Responsible for maximizing returns on our cash assets while minimizing risk. This involves managing bank balances and recommending strategies to ensure the financial health of the organization Ensure the proper maintenance of the accounting system and total accountability of corporate funds which includes the general ledger, payroll, accounts payable and fixed assets functions of the accounting department  Review the monthly Summary Revenue Report and Revenue entries, payments and Adjustments to the general ledger Run a summary trial balance and verifies balances to all schedules Reconcile, input and disburse all payments from various collection agencies Must display adequate leadership skills Staffing:  Build a strong finance, insurance, and IT teams.  Will oversee and participate in the selection, onboarding, training, and determining job responsibilities for all functions The Department of Pharmacy will ultimately report directly to the CFO.  Will maintain accountabilities for this function along with staying abreast of federal, state and local laws governing the function of such an entity.    Verify all Practice Management Accounts with all necessary general ledger accounts Maintain confidentiality of all corporate records Review, create, and update necessary forms for use in the clinics Computes year-end inventory totals Performs related work, as assigned Completes the required IT/Security trainings prior to the deadline Effectively evaluates employees by completing 6 month and annual evaluations prior to the deadline Counsels employees on areas of improvement by completing trainings and PCN’s in a timely manner QualificationsJob Requirements: Bachelor’s degree required in Accounting, Finance, or Business; Certified Public Accountant Certified (or equivalent experience in senior account roles) or Master’s degree in related field, preferred 10+ years in progressively responsible financial leadership roles, including management experience in complex nonprofit organizations 5+ years supervisory experience and managing staff in areas of payroll, A/P, A/R, general ledger entry, grant vouchering, and purchasing Healthcare industry and FQHC experience is preferred Experience with Revenue Cycle and a track record of success Federal, State and Local grant knowledge a plus Excellent written and oral communication skills; have knowledge and skills to appropriately communicate and interact with the staff, patients, families and visitors of all age groups, while being sensitive to their cultural and religious beliefs. Advanced knowledge of MS Office (Excel, Word, PowerPoint and Access) required Proven ability to build, grow and lead high-performing finance teams with strong capabilities to both oversee and contribute to critical financial deliverables Strong interpersonal skills with the propensity to successfully foster new and maintain long-standing business relationships. Adhere to timeliness Physical and Other Requirements: Must demonstrate positive personal attributes such as professionalism, honesty, and integrity Mist be willing to do local and out-of-state travel Must be able to pass a criminal background check, drug screen, and TB skin test Must continuously listen, visualize, and have dexterity and eye-hand coordination Ability for simple grasping and speed work Must frequently sit, squat, reach, use both right and left forearm rotation, walk and climb stairs Must occasionally kneel, twist, have the ability to grasp firmly, lift and carry, push and pull in excess of 30 lbs.




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