Position Summary

The Chief Financial Officer (CFO) is a vital role, serving as a member of the senior leadership team. The CFO has fiscal and fiduciary responsibility for the organization, overseeing all financial operations and performance to ensure compliance with federal and state regulations while supporting the organization's mission. This role requires a leader with expertise in healthcare finance, grants management, and the unique financial demands of an FQHC environment.

 Key Responsibilities

• • Financial Strategy & Management: Develop and implement financial plans, policies, and business initiatives that ensure the organization's sustainability and growth.
  • Budgeting and Reporting: Oversee the development and management of operational and grant-specific budgets. Ensure timely and accurate financial reporting to the CEO, Board of Directors, and other stakeholders.
  • Compliance and Regulation: Ensure strict compliance with all federal and state financial regulations, including GAAP, Uniform Guidance (UFR), and specific HRSA requirements.
  • Revenue Cycle Management: Manage and optimize the entire revenue cycle, including patient service revenue capture, billing, collections, and navigating FQHC-specific Medicare and Medicaid Prospective Payment System (PPS) and capitation reimbursement models.
  • Grant Accounting and Cost Reporting: Oversee the financial management of federal, state, and other grants, including preparation of FQHC Cost Reports and Uniform Data System (UDS) reporting.
  • Accounts Payable, Cash Management and Payroll:  Oversee these functions including cash disbursements, purchasing, payroll processing and employee benefits administration.
  • Auditing and Internal Controls: Establish and maintain robust internal control safeguards and coordinate all external financial audits.
  • Leadership and Collaboration: Develop, lead and maintain a high-performing finance team. Collaborate effectively with clinical and administrative leaders to align financial goals with patient care objectives and organizational strategy.

Education: 

Bachelor's degree in Accounting, Finance or Business Administration is required. An MBA or a related advanced degree is strongly preferred.

Certification: 

CPA (Certified Public Accountant) licensure is required.

Experience:

• • Minimum of five (5) to seven (7) years of progressive experience in a senior financial management position, with at least two (2) years of experience specifically within an FQHC or similar non-profit healthcare setting.
  • Proven experience in financial management, budgeting, forecasting, and revenue cycle operations in a healthcare environment.
  • Demonstrated experience presenting financial data to a Board of Directors and other diverse stakeholders.

Skills:

• • Strong knowledge of healthcare financial principles, reimbursement methodologies, and grants management.
  • Proficiency in financial management systems, Excel, and healthcare-specific software.
  • Superior critical-thinking, analytical, problem-solving, decision-making and leadership skills.
  • Ability to communicate clearly at all levels within the organization.
  • Ability to engage other leaders in a tactful manner to build consensus for advancing organizational objectives.
  • Ability to prioritize and manage deadlines.
  • High personal and professional integrity and a commitment to the organization’s mission.

About WellOne Primary Medical and Dental Care

Founded in 1909, Northwest Community Health Care d/b/a WellOne Primary Medical and Dental Care is a mission-driven, non-profit, Federally Qualified Health Center (FQHC) dedicated to providing comprehensive, high-quality primary medical, dental, behavioral health and patient support services to the residents of the Rhode Island communities that we serve. The organization is an equal opportunity provider and employer.

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