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Chief Financial Officer / CFO

Chief Financial Officer

Classification
Exempt

 

Reports to
Chief Executive Officer

 

Job Description

Directs the financial affairs of the organization and prepares financial analyses of operations, including interim and final financial statements with supporting schedules, for the guidance of management.  Responsible for the Company’s financial plans and policies, its accounting practices, the maintenance of its fiscal records, and the preparation of financial reports.  Maintains relationships with financial institutions and accounting professionals.  Responsible for activity related to general accounting, property accounting, auditing, accounts payable, payroll, forecasting and budgetary controls.  Oversees data analytics.

 

Essential Functions

  • Develops, analyzes, and interprets statistical and accounting information in or order to appraise operating results in terms of profitability, performance against budget and other matters bearing on the fiscal soundness and operating effectiveness of the organization.
  • Maintains the Company’s system of accounts and keeps books and records on all Company transactions and assets.
  • Establishes objectives and policies for the financial position for the Company and prepares reports that outline the Company’s financial position in the areas of income, expenses, and earnings based on past, present, and future operations.
  • Coordinates and directs the preparation of the budget and financial forecasts, institutes and maintains other planning and control procedures and analyses, and reports variances.
  • Is responsible for tax compliance with all Federal, State, and Local corporate, payroll and other applicable taxes.
  • Generates internal reports, performs special projects upon request, revises and updates reports to be more useful and efficient, and furnishes external reports as necessary.
  • Prepares statistical reports for the annual strategic planning meeting with board members, monthly board meeting reports and monthly financial reports for Chief Executive Officer and Executive Director.
  • Forecasts cash flow requirements and monitors daily cash position.
  • Manages the general accounting, accounts payable, payroll functions.
  • Oversee, guide and review the operations of  the Business Intelligence Analyst as it is aligned with Physicians, CEO, Operations, Billing, Marketing, and Finance.
  • Travel to other locations as needed.
  • Other duties as assigned.

 

Competencies

  1. Leadership - Inspires team members to improve, stretch and do more for the good of the team.  Inspires others to become better leaders themselves.
  2. Communication & Relationship Management - Maintains open and interactive discussion with team and is aware of their needs.
  3. Professionalism - Develops individual relationships with coworkers and reports while maintaining work appropriate boundaries.
  4. Business Skills & Principles - Demonstrates understanding of practice management and staffing.
  5. Customer Service - Conflict resolution skills, responds promptly to customer needs including within MAR offices.
  6. Project Management - Strong organization, multi-tasking skills with great attentiveness to detail.  Ability to prioritize and delegate responsibilities.
  7. Technical Skills - Knowledge of accounting principles, tax, ERISA and payroll laws.  Basic knowledge of vision/retina/ophthalmic terminology and procedures.
  8. Problem Solving/Analysis - Identify and resolve problems and conflicts promptly
  9. Ethical Conduct - Maintains confidentiality.
  10. Time Management - Maintains high volume productivity level for essential functions. Ability to multi-task when appropriate.

 

Supervisory Responsibility

This position has direct supervisory responsibilities.

 

Work Environment

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

 

Physical Demands

  • 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.
  • This is largely a sedentary role; however, some filing may be required. This would require the ability to lift files, bend and reach open filing cabinets and bend or stand on a stool as necessary.
  • While performing the duties of this job, the employee is regularly required to talk, communicate verbally in front of groups, one to one and over the telephone and in email.
  • Listening to verbal communication using a telephone and processing the information while entering the data into a computer system, processing auditory information and responding verbally back in an appropriate manner.
  • Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.
  • Using hands to operate equipment such as a computer mouse, show manual or finger dexterity, handle things with precision or speed, use muscular coordination and physical stamina.
  • Following through on plans or instructions.
  • Ability to use words to communicate ideas, reading with comprehension and explain abstract or complex laws and programs in more basic terms (ex: the retirement plan or how a garnishment works)

 

Travel

Travel is minimal but required on occasion for this position.

 

Required Education and Experience

  • Bachelors in Accounting, Finance or Business
  • Minimum of 10 years combined experience in general accounting, accounts payable and payroll, with at least half of those years in healthcare.
  • Ability to generate financial spreadsheets utilizing Excel in a Microsoft Windows environment.
  • Experience with variance analysis of operating results compared to financial benchmarks.
  • Superior financial literacy, analytical, interpretive, communicative, value finance, and business acumen skills as they relate to an intellectual healthcare environment, supporting exceptional patient care.

 

EEO Statement

MAR is a proud Equal Opportunity Employer.

 

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

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