Vice President of Finance and Accounting
:
Reports To: Chief Financial Officer
Responsibilities:
- Implement production, productivity, quality, and customer-service standards.
- Identify trends, determine system improvements, and implement change.
- Meet accounting financial status by monitoring revenue and expenses, coordinating the collection, consolidation, and evaluation of financial data and preparing special reports.
- Maintains accounting controls by establishing a chart of accounts, defining accounting policies and procedures.
- Maintains financial security by establishing internal controls.
- Updates job knowledge by participating in educational opportunities.
- Overseeing all sides of accounting operations, including payables, receivables, payroll, and tax preparation.
- Developing appropriate tracking methods for revenue and expenses.
- Prepare timely and accurate analyses, summaries, and reports of financial data on the operating progress of the organization as needed.
- Create a reliable cash flow projection process and reporting structure that includes a minimum cash threshold to meet operational needs.
- Routinely review revenue cycle metrics to identify and address issues affecting overall performance proactively.
- Manage the organizations' compliance with local and federal regulatory matters.
- Partner with the CFO to ensure the organization meets revenue targets.
- Oversee all sides of accounting operations, including payables, receivables, payroll, and tax preparation.
- Oversee development, oversight, and management of the organization's investment plan.
- Lead and manage the budgeting process.
- Gather financial data for analysis and forecasting with respect to profits, trends, costs, and compliance.
- Coordinate the preparation of annual, quarterly, and monthly reports.
- Manage insurance coverage for the organization, including compliance.
- Ensure compliance with tax laws and regulations specific to the organization's programs and services.
- Regular financial reporting (e.g., preparing monthly, quarterly, and annual financial statements), forecasts, planning, budgeting, financial analysis, cash management, and procurement.
- Timely and accurately provide reporting of financial information to internal parties, government regulators and outside agencies.
- Audit and improve productivity and effectiveness of current cross team processes.
- Manage and supervise all AR/AP cycles with external partners and customers - including the implementation of accounting and billing systems and controls.
- Monitor transactions, investments, and any business-related activities.
- Conduct regular audits of expenditures, assets, and liabilities.
- Ensure compliance with relevant regulations, standards, and best practices.
- Respond daily and accurately to deadlines.
- Ability to adapt to changes within the Finance department by updating the procedures when needed and keeping them current.
- Develop appropriate tracking methods for revenue and expenses.
- Interpret financial performance and work closely with the CFO to create a reporting system to ensure the consistent delivery of data, such as monthly financial statements.
- Perform other duties as assigned.
Education and Experience:
- A bachelor's degree in finance or accounting is required, MA preferred.
- Certifications such as CPA, CFA, and CMA preferred.
- In-depth knowledge of financial benchmarking, accounting, audit and tax compliance and other regulatory matters
- Adept in fiscal management principles and processes, including resource management and needs assessment.
- Advance proficiency level with Microsoft products including Word, Power Point, Excel, etc.
- Efficiency with ERP and EMR platforms such as Centricity, MIP and Sage Intacct is preferred.
- 5-7 years of equivalent work experience in a similar position or progressively in a healthcare organization; FQHC experience a strong plus.
- Ability to manage multiple projects simultaneously.
- Excellent time-management skills.
- Strategic thinking and problem-solving abilities, with a focus on data-driven decision-making.
- Flexibility, adaptability, and a positive proactive approach to challenges.
- Ability to work autonomously in a fast-paced environment.
- Strong organizational skills, including detail orientation with strong follow-up and follow-through skills.
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