Chief Financial Officer

Description

Candidate must reside in one of our regions in North Carolina.

Under the general direction of the Chief Executive Officer (CEO), the Chief Financial Officer (CFO) will be responsible for supporting the EmergeOrtho mission, vision and values by directing the organization's financial planning and accounting practices to ensure the financial security of the organization. The CFO will continue to build and manage effective and streamlined administrative and financial systems including accounting, revenue cycle management, outreach, and strategic growth of EmergeOrtho as well as related entities.

Requirements

Qualifications and Experience:

• Bachelor's degree in Accounting or Business Administration with a specialization in accounting or finance, Master's degree preferred.
• CPA preferred.
• Five years progressively responsible management experience in Finance, preferably in a health care environment.
• Business skills in planning, use of information systems, financial management, reimbursement and managed care, healthcare economics, medical practice management, and team building.
• Ability to present facts and recommendations effectively in oral and written form.
• Ability to teach and educate and to articulate positions effectively.
• Excels in effective coaching and counseling of employees, as well as definitive mentoring skills aligned with adaptive leadership principles.
• Demonstrated track record of superior performance in Finance leadership roles.
• Knowledge of medical terminology preferred.
• Working knowledge of managed care basics, and experience working with a managed care and Medicare population.
• Good knowledge of medical office software such as but not limited to Microsoft Word, Microsoft Excel, Outlook, Teams, Power BI, Great Plains, UKG, and Athena.
• Ability to flourish in a team management system and working with a cohesive team.
• Excellent communication skills.
• Excellent documentation skills.

Responsibilities include, but are not limited to:

Strategy and Vision Financial Planning

• Participates with leadership team in short- and long-term strategic planning and development of financial models and fiscal planning objectives to meet short- and long-term goals.
• Implement goals and measurable outcomes of the Strategic Plan as they relate to CFO's finance and administrative responsibilities.
• Serves as a member of the Leadership Team and leads Committees as assigned, regularly participates in Board of Directors' and Board Finance Committee meetings.
• Responsible for financial analysis of all income and expenses to assure the development of financially viable projects and long-term financial viability.
• Participates with the CEO and regional leadership in the development of business plans.
• Directs banking and loan activities including debt ratio calculation and prepares reports of compliance with lender requirements.
• Directs Profit Sharing Plan(s).
• Directs Corporate Insurance.

Financial Policies and Procedures

• Revenue cycle management - Manage the financial processes involved in patient service revenue, credentialing, insurance verification, billing, collections, and refunds.
• Develops, maintains, monitors, and enforces accounting policies, procedures, and internal controls.
• Establishes and maintains the organization's system of accounts assures integrity of books and records for all transactions and provides for security of transaction records.
• Develops policies and procedures on purchasing activities and prepares vendor and management reports analyzing purchasing practices.
• Ensures timely and accurate reporting of financial and management reporting for BOD, regional boards, leadership team, Providers, Managers, and line staff.
• Coordinate all financial audit activities and proper filing of tax returns of EmergeOrtho as well as related entities; ensure legal and regulatory compliance regarding all financial functions.
• Coordinates and provides financial forecasts and variance analysis and presents forecasts to the executive leadership team and the BOD.
• Provides contract analysis and monitors contract compliance required by funding sources.
• Oversee cash flow planning and ensure availability of funds as needed, banking relationships and cash, investment and asset management.
• This position works closely with the Compliance Officer in formulating, administering, implementing, and monitoring compliance policies and procedures in adherence with the Compliance Policy.
• Follows all applicable department and practice policies and procedures.
• Maintains patient confidentiality; complies with HIPAA privacy and confidentiality guidelines established by the practice.
• Maintains detailed knowledge of practice management and other computer software as it relates to job functions.
• Performs all other tasks and projects assigned by the Manager or physicians.
• Revenue cycle management.