VP of Finance

VP of Finance

30 Oct 2024
California, Hayward, 94540 Hayward USA

VP of Finance

As the Vice President of Finance, you will be the key financial leader of an established Federally Qualified Health Center with an operating budget of $46M and an operational footprint that spans ten service sites in the East Bay (including the cities of Hayward, San Leandro, Union City, and Fremont). You will work side by side with the CEO and a committed leadership team to build our clinical service operations strategy, establish the roadmap to operationalize that strategy, and build mission-driven and innovative teams to ensure continued impact in the lives of our patients and community. You get to be a healthcare innovator playing an important role in laying the foundation for TVHC’s transition from a traditional encounter-based reimbursement model (Prospective Payment System (PPS) to a value-based payment model, Alternative Payment Methodologies (APM), over the next 3-5 years.Join a healthcare organization that has enough scale and resources to make a significant impact in the community while still retaining speed and agility in decision-making.Compensation: $163,000 - $208,000, depending on experience.TVHC offers compensation ranges that are determined by a thorough market-based analysis and are fully disclosed in accordance with California law. The pay for a selected candidate is determined by a variety of factors to ensure fair and equitable compensation. These factors include the candidate's experience, education, skills, training, licensure, certifications, and the specific scope of the role. We are committed to providing a competitive compensation package that extends beyond base salary, designed to support the health, wealth, and career development of our employees. Responsibilities:

In the absence of a CFO and as a key leader, attends the Executive Team (ET) meeting to develop/maintain a strategic plan for the controlled growth, expansion, and/or development of programs and sites for TVHC, solve existing and anticipated organizational problems, and formulates and/or revises policies that will enhance the achievement of the organization’s goals.

Prepares, or directs the preparation of, financial statements, cash flow analyses, budgets, reports, etc., routinely and as-directed, for review by Executive Team, Board of Directors, Directors, Managers, and/or auditing agencies.

Provides ongoing assessment and analysis of financial health and progress of TVHC to the Executive Management Team and Board of Directors, advancing the operational and strategic planning goals and objectives of TVHC.

Develops, reviews, and revises TVHC’s fiscal policies and procedures with the objective of maintaining policies that are in compliance with all applicable laws and with the requirements of our funding agencies, and appropriate to the needs of TVHC’s work force, work place, and customer base.

Manages and oversees TVHC’s contracts, grants, letter of agreements, memorandum of understanding (MOU), leases and other legal and binding contracts that meet TVHC’s mission and overall strategic plan.

Performs administrative functions for all programs including review of protocols, coordination of personnel, contract management, check signing and other functions.

Develops, maintains, and refines efficient and effective internal financial management controls in accordance with Generally Accepted Accounting Principles (GAAP) in order to meet the requirements of funding sources and other auditing agencies.

Ensures fiscal compliance with relevant laws, regulations, etc., through appropriate policy development, training, creation and implementation of forms, or other appropriate means.

Provides technical information to managers and Board concerning financial management and other related matters; provides guidance, direction, and training, as applicable, or makes recommendations for effective management of TVHC Finances.

In the absence of the CFO, reports, on a monthly basis, to the Board of Directors’ Finance Committee, providing financial reports and other related information to assist the Board in setting policy for, and making decisions related to, the ongoing operations of TVHC.

Represents TVHC to consultative and advisory bodies; to collaborating agencies, such as Community Health Center Network (CHCN); and at specific institutions, as requested; participates in meetings, conferences, etc. on behalf of TVHC and to further collaborative efforts with these organizations and institutions. Representation of TVHC is in capacity of Chief Financial Officer as the leadership of TVHC.

Directs the fixed assets inventory process for all TVHC sites and programs and provides policies to safeguard the assets of TVHC.

Manages process for annual financial audits and scheduled audits by funding agencies, and ensures that TVHC adheres to contract / grant requirements and GAAP.

Provides direction to accounting staff related to payroll management for all TVHC employees, including quarterly and year end reporting.

Directs and coordinates the activities of all personnel working in the business and fiscal areas, assisting in the recruitment and supervision of all staff under his (her) department, as appropriate.

Provides additional collaborative and individual assistance, as requested and/or as appropriate, to ensure the ongoing success of the organization.

Demonstrates commitment to, and understanding of, TVHC’s Service Excellence Standards, by modeling service excellence in all internal and external relationships, addressing service excellence deficits in staff, and in performance of all duties and responsibilities of this position.

Requirements

A minimum of a bachelor’s degree in similar business-related or administrative major will be considered with substantial experience in a similar position.

Masters level degree in accounting or related field strongly preferred. A higher or comparable degree with appropriate coursework will also be considered.

Minimum of 5+ years of hands-on experience in related administrative position in a health care organization.

Previous experience working within a managed care environment strongly preferred, and especially with that experience being in administrative/management capacity.

Experience with, and understanding of, utilization management, use and costs associated with health care service industry, and managed care plans.

Experience with mergers and acquisitions highly desirable.

Qualifications:

Demonstrated and verifiable ability to plan and direct financial operations, and make difficult decisions.

Prefer experience working within a nonprofit/FQHC organization.

Previous experience managing the payroll function for a business strongly preferred.

Minimum five years previous experience successfully managing employees on a direct supervisory basis.

Previous experience working collaboratively, as part of a team.

Current, relevant, and substantial knowledge of billing matters related to health center revenue sources and third party payors required, especially within a managed care environment.

Demonstrated ability to work effectively as part of a team, in collaborative settings required.

Excellent written and verbal communication skills required.

Demonstrated ability to initiate and complete work without direct supervision and to work effectively under pressure required.

Demonstrated ability to provide leadership to staff and to build the trust and respect of staff, colleagues, external contacts, and other ET members.

Excellent problem-solving skills required, including creativity, resourcefulness, timeliness, and technical knowledge related to analyzing and resolving financial / administrative problems.

Sensitivity to needs of culturally and linguistically diverse patient and employee population.

Demonstrated ability to utilize computer technology and willingness to develop and adapt to the evolving technological requirements of modern medical health center practices required. High level of competency working with accounting software, advanced Excel required.

Excellent emotional coping skills, adequate to respond to emotional situations and emotional responses of others.

Willingness and ability to work some evenings and weekends, as needed.

BenefitsWe offer excellent benefits including: 100% paid medical (co-payments, prescriptions, premiums covered), dental, vision (including dependent and domestic partner coverage), generous paid leave benefits including holidays, Flexible Spending Accounts, retirement plan with an Employer match, tuition reimbursement, monthly treats, pet insurance and more.

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