Chief Financial Officer

Description

UCFS strives to use person-centered care to improve the health and well-being of everyone in our community. Share in our vision of  being Eastern CT’s best choice for patient-centered healthcare! 

We are seeking an experienced Chief Financial Officer (CFO) to provide oversight and leadership for accounting and compliance; grants, contracts and contributions; revenue cycle management; investments; and insurance. UCFS provides outpatient primary care, dental, and behavioral health services through our community health center program, home-based behavioral health, residential care for the elderly, and adult day services. AS a member of the UCS leadership team and liaison to the Board of Directors, the CFO will provide business insights and advice om the operations, growth, and sustainability of UCFS services.

Purpose

The Chief Financial Officer oversees the organization’s financial planning, accounting, grants, and billing practices as well as its relationships with lending institutions, financial consultants, and insurance companies. Performs duties and responsibilities in accordance with regulatory requirements and ensures the UCFS’ compliance with those requirements. Supports fiscal sustainability of UCFS to meet its mission.

Supervisory Responsibilities-

• Supervises subordinate directors and managers responsible for overall finance department operations.
• Carries out supervisory responsibilities in accordance with the organization’s policies and applicable law.

Essential Responsibilities:

Oversight & Leadership

• Develop and execute operational protocols to advance strategic goals for the Finance Department, including the analyses of business opportunities for the organization. Maintain knowledge of general economic, business, and financial conditions and their impact on the organization.
• Monitor the organization’s financial position and make recommendations for improving that position. Analyze and report on the financial impact of operational issues impacting the organization. 
• Serve as the Finance Department representative to the Senior Management Team, the liaison to the UCFS Board of Directors, and staff person for the Board Budget and Finance Committee and Audit Committee.
• Ensure policies and procedures are maintained to ensure compliance with applicable laws and accounting standards. Maintain the necessary software platforms and equipment required to perform the accounting, grants management, and billing functions for the organization. Ensure proficiency of self and staff in those systems.
• Represent UCFS through participation in community events with local stakeholders.

Accounting and Compliance

• Ensure the timely and accurate preparation and approval of the agency’s annual operating and capital budgets.
• Direct the preparation of routine periodic reports on financial performance of the organization in fulfillment of UCFS policy, regulations, and other requirements. Ensure that timely and accurate data is available to be used in short and long-term decision-making.
• Direct organizational procedures for procurement and purchasing, accounts payable, and accounts receivable. 
• Ensure compliance with state and federal audit standards and submit annual audited financial reports per requirements. Prepare and submit timely cost reports.

Grants, Contracts, and Contributions

• Direct the timely submission of grant applications through the timely and accurate preparation of the budgets and other supporting financial documents. Ensure that grants, contracts, and contributions are monitored, accounted for, and expended in the manner specified by the source and in accordance with applicable laws.

Revenue Cycle Management

• Oversee the Revenue Cycle Management (RCM) function ensuring optimization of all aspects of the revenue cycle are met to maximize financial performance and operational efficiency across supported locations; and drive strategic initiatives through the agency by leveraging innovative technologies to streamline processes and reduce inefficiencies

Investments

• Coordinate with custodians and advisors to track and report the performance of UCFS endowment investment account, and ensure compliance with UCFS investment and spending policies, lender agreements, and contracts that pertain to UCFS investments.

Property & Casualty Insurance

• Monitor UCFS property lease agreements and tax obligations. File necessary documents. Ensure adequate insurance coverage is in place to protect the agency, its employees, board members, and assets. 

UCFS, an established and highly respected health & human services organization in Eastern Connecticut, has been a cornerstone in the community since 1877. Our team of 380 employees is dedicated to improving the health & well-being of the community we serve. Learn more about us at https://www.ucfs.org/careers/ 

Requirements

Education and Experience

• Master’s degree in Accounting or Business Administration, plus 10 years of related experience; or equivalent combination of education and experience.
• Experience in an executive or leadership role overseeing finance. Evidence of leadership positions of increasing scope and responsibility over the course one’s career.
• Experience in healthcare, non-profit, and/or federally qualified health center agency strongly preferred.
• Demonstrated experience meeting regulatory compliance requirements for finance, grants, billing, investments, and accounting. 

Certificates, Licenses, Registrations

• No certificates, licenses and/or registrations are required for this position

Other Skills and Abilities

 Required:

• Demonstrated proficiency with MS Office including advanced Excel skills. 
• Proficient use of organization-wide accounting software, preferably Acumatica, including purchasing module.
• Demonstrated skills using analytics, problem solving, and decision making to advance strategic goals. 
• Strong written and oral communication skills commensurate with a C-Suite position.
• Commitment to a leadership role in a diverse organization that values integrity, teamwork, dedication, transparency, diversity, equity, and inclusion. 
• Commitment to UCFS Mission 

Preferred:

• Familiarity with HR/Payroll systems such as Paylocity and Epic EHR and practice management system.
• Knowledge of federal grant reporting and payment management systems.

UCFS offers a comprehensive benefits package including:

• Flexible hybrid schedules
• Competitive salaries
• Generous paid time off including 4 weeks' vacation, 4 floating holidays, paid company holidays and 10 sick days each year
• Medical, dental and vision insurance
• 401(k) plan with 6% employer contribution
• Paid life and disability insurance
• National Health Services Corp. Loan Repayment

UCFS is committed to providing equal employment opportunities to all applicants and employees as protected by applicable federal and/or state law.