VP of Finance

Description

The VP of Finance supports the Chief Financial Officer in leading the delivery of ethical, strategic, sustainable, and mission-centered operations and business development for the health center and its stakeholders. The VP of Finance:

• Assists in establishing organizational standards, policies, and procedures and assures compliance for finance, accounting, regulatory, and reimbursement operations;
• Supports the management and protection of the health center’s assets;
• Contributes to the timely and accurate reports/statements, decision-support, information, and advice to the CEO and other management team members; and
• Leads with personal integrity, respect for individuals, commitment to excellence, and active engagement in the health center movement on local, state, and national levels.

Business Skills And Knowledge

The ability to apply business principles, including systems thinking, to the healthcare environment. Relevant domains for the health center VP of Finance include:

• Accounting & Finance Operations: Assisting in assessing, evaluating, and implementing management accounting and performance management systems for planning, measuring, controlling, monitoring, forecasting, and reporting the financial performance of the health center. Assuring 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.
• Grants Management: Supporting the financial tasks required for grant applications and management of grant funds while ensuring financial compliance with all applicable requirements.
• Revenue Cycle & Reimbursement: Applying knowledge of traditional and alternative reimbursement models, key performance indicators, and policies and procedures to assure optimal decision-making and compliance with all applicable requirements, regulations, and laws.
• Strategic Planning & Marketing: Assisting in strategically assessing and evaluating courses of action and identifying imaginative opportunities to improve performance and position, implementing innovative and cost-effective solutions leading to effective change management and business process improvement.
• Risk Management: Supporting the design and implementation of policies and systematic internal audit and control processes to assess, manage, and mitigate threats to the health center’s financial and business viability.

Responsibilities

• Assists in developing and executing short and medium-range financial goals and strategies aligned with the organization business objectives.
• Supports the oversight of the preparation of all financial reports to inform long-range planning, including reports to the Board of Directors, government regulatory agencies, and funders.
• In collaboration with the COO and CFO, ensures the revenue cycle management process, from registration through claims submission and payment collection, is as efficient at possible. This includes evaluating Medi-Cal and Medicare capitation rates and other managed care plan billings, and enrollment with commercial insurance providers, as required.
• Assists in developing, implementing, monitoring, and evaluating annual budget and individual grants.
• Supports the development and maintenance of an internal reporting system on all financial operations and activities to include variance analysis for revenue and expense, scenario planning and forecasting.
• Works with the Grants Coordinator and CFO to oversee preparation of special-purpose budgets for government contracts and private donors that meets donor constraints while fulfilling agency fundraising needs.
• Assists in overseeing internal audit function and coordinates annual independent audit.
• Supports the cultivation and maintenance of strategic external relationships [including, but not limited to federal/Health Resources and Services Administration (HRSA), state and local regulatory agencies; Primary Care Associations (PCAs); National Professional Organizations; Chambers of Commerce; Vendors; Grantors/Funders/ Bankers/ Lenders; Auditors; Insurance (Liability, Health, etc.) and others as needed].
• Supports the organization's financial risk management function and PPS reconciliation processes.
• Assists with all financial accounting and reporting, procedures, and internal controls of the department.
• Assists in the overall supervision of Payroll, Purchasing, Accounts Receivable, Accounts Payable, MIS, and General Accounting functions of the Finance Department.
• Assists in the recruitment, supervision, training, and evaluation of the Finance Department staff which also includes the billing department.
• Supports the center’s relationship with federal and state tax authorities and government regulators (BPHC, HRSA, regional office, etc.).
• Ensures all insurance coverages including director’s and officer’s, malpractice, general property, etc. are in place each year.
• Assists in fiscal management of all city, state, and federal grants.
• Supports the development, supervision, and coordination of all efforts to attain maximum third-party reimbursement including capitated arrangements.
• Assists in supervising the preparation of all regulatory reports (i.e. FSR, UDS, Medicare, Medicaid, IRS Form 990, state tax returns, etc.).
• Attends the finance committee meeting of the health center’s Board of Directors and presents the current fiscal situation as needed. Also, attends the meetings of and reports to Board of Directors at the request of the Chief Executive Officer, CFO, or board members.
• Attends other management or organizational meetings.
• Assists in the preparation of annual organization budget as well as individual grant.

Requirements

Education And/Or Experience:

• Master’s/Bachelor’s Degree in accounting, finance, or business administration from four-year college or university and 5 to 7 years related experience and/or training, 2 of which must have been in a supervisory role; or equivalent combination of education and experience; CPA and/or audit experience preferred.

Licenses Required:

• Certified Public Accountant preferred, but not required

Required Experience/Skills:

• Should have knowledge and experience in healthcare finance, including third party reimbursement mechanisms and Federal guidelines regarding budget and financing.
• Supervisory experience a must
• Experience with automated accounting and billing systems
• Computer literate
• Must have excellent interpersonal skills and empathy towards patients, as well as have excellent communication skills, critical thinking skills, the ability to handle stressful situations, the capacity to function independently, have varied clinical experience, and the ability to document meticulously.
• Knowledge of practice management components, particularly in cost constrained environments.
• Knowledge of regulatory compliance i.e., HIPPA, FQHC, OSHA, CLIA, etc.
• Ability to manage and supervise various positions and relate well to people from diverse ethnic and cultural backgrounds, as well as have a passion for working with at-risk, culturally diverse populations.

Physical Requirement:

• Physical effort which may include occasional light lifting to a 25 pound limit, and some bending, stooping or squatting.  Considerable walking may be involved. The ability to sit or stand for extended periods of time is required.
• Flexibility to work in multiple locations throughout the week.  
• 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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• While performing the duties of this job, the employee may be required to travel to all UCHC facilities as needed.
• Occasionally required to sit and walk.
• Finger dexterity required.
• Hand coordination required.
• Specific vision abilities required for this job include: close vision, distance vision, ability to adjust or focus.

Work Environment:

• Exposure to adverse conditions.
• Exposure to extreme heat.
• Exposure to extreme cold.
• Exposure to wet and/or humid conditions.
• Exposure to moving mechanical parts.
• Exposure to high, precarious places.
• Exposure to fumes or airborne particles.
• Exposure to toxic or caustic chemicals.
• Exposure to outside weather conditions.
• Possible risk of electrical shock
• Exposure to explosives
• Possible risk of radiation and vibration.
• Protective clothing or equipment is required including: gloves, helmets, steel-toed boots, protective eyewear.
• The noise level in the work environment usually is high

Equal Employment Opportunity

Universal Community Health Center is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), age, disability, genetic information, national origin, or any other protected characteristic as defined under applicable state, federal, or local laws.