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Chief Financial Officer (CFO)
$203k-309k (estimate)
Full Time 9 Months Ago
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Planned Parenthood of Metropolitan Washington is Hiring a Chief Financial Officer (CFO) Near Washington, DC

Description

 The Chief Financial Officer's (CFO) responsibilities include oversight and management of the revenue cycle, production of all operating and capital budgets, as well as tracking and monitoring the progress and actual performance against those budgets. Additionally, the Vice President is responsible for developing and implementing financial performance reports including development of metrics for financial performance and dashboards for all affiliate departments and health centers as well as for the Board of Directors to fulfill fiduciary responsibility. The CFO also serves as the primary coordinator and facilitator of all Board Finance Committee and Audit Committee activities.
Duties:

  • Provide direct supervision to the Revenue Cycle Manager as liaison to outsource billing vendor including setting of priorities and performance monitoring and evaluation, to improve and optimize collections from all third-party payers, including Medicaid, Medicaid waiver programs, and Medicaid Managed Care and commercial plans.
  • Provide communication and training to health center staff on revenue cycle and financial control policies.
  • Coordinate and develop the affiliate's annual and multi-year operating budgets. Provide periodic reviews, updates, forecasts, and projections, as necessary to executive management and Board of Directors.
  • Develop Action Fund budget and monitor financials for ancillary to ensure compliance and to protect PPMW's tax status.
  • Provide standard monthly financial and cost analyses of operations; using analyses, initiate discussions and plans with appropriate management to address and resolve significant revenue and cost variances.
  • In accordance with current strategic and annual work plans, develop reports, for all areas of operations, analyzing key financial measures, including medical center financial performance, revenue and cost per visit (by center, by program, by payer, etc.), net payment received per visit, etc.; develop reports showing trends and performance against benchmarks and budgets.
  • Working in conjunction with Patient Services, meet with Health Center Managers to review financial results; jointly identify areas requiring further analysis and recommend methodologies to improve performance based on industry "best practices".
  • Other related duties as assigned. 

Requirements

  • Bachelor's degree in business or finance. Master's degree preferred.
  • Five to seven years of progressively responsible budgeting, financial analysis, and reimbursement experience (Medicaid/Medicare rules and regulations) in a health care agency helpful but not required.
  • Revenue cycle expertise.
  • Nonprofit and staff supervisory experience required.
  • Audit experience, including A-133.
  • Experience with MIP (Abila) helpful. New IT systems implementation experience required.

Job Summary

JOB TYPE

Full Time

SALARY

$203k-309k (estimate)

POST DATE

07/09/2022

EXPIRATION DATE

01/08/2023

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