Administration
NeighborHealth Center
Raleigh, North Carolina • Wake County
May 05, 2025
Full Time
Bachelor's
5-10 year(s)
May 05, 2025
Position Summary
The Chief Financial Officer (CFO) is responsible for providing strategic financial leadership for NeighborHealth Center (NHC). This executive-level position oversees all financial operations, ensuring fiscal stability and compliance with applicable policies, rules, standards, and regulations while supporting NHC’s mission.
Principal Duties and Responsibilities*
Financial Leadership & Strategy
• Develop and implement financial strategies aligned with NHC’s mission and strategic plan.
• Provide executive leadership in financial forecasting, budgeting, and planning.
• Analyze financial performance and communicate insights to the CEO, Board of Directors, and leadership team.
• Identify opportunities for revenue enhancement, cost containment, and operational efficiency.
• Oversee FQHC-specific reimbursement models, including Prospective Payment System (PPS) rates and alternative payment methodologies.
• Manage grant reporting and compliance.
• Direct sliding fee scale program development and implementation.
Financial Operations
• Supervise accounting operations, including accounts receivable, accounts payable, payroll, and general ledger.
• Ensure accurate and timely financial reporting and analysis.
• Oversee annual budget development and ongoing budget management.
• Direct cash flow planning and management.
Compliance and Risk Management
• Ensure compliance with federal regulations, HRSA program expectations, GAAP, etc.
• Oversee preparation for annual financial audits.
• Manage preparation of UDS financial tables and other federally mandated reporting.
• Develop and maintain internal control systems to safeguard financial assets.
Revenue Cycle Management
• Oversee billing and coding practices for visits and services.
• Manage payer contract negotiations and relationships.
• Monitor key performance indicators for revenue cycle effectiveness.
Team Leadership
• Lead, mentor, and develop financial department staff.
• Foster a collaborative approach with clinical and operational leadership.
• Serve as financial liaison to the Board of Directors and Finance Committee.
Required Knowledge, Experience, or Licensure/Registration
• Bachelor’s degree in Finance, Accounting, or related field required. Master’s degree preferred.
• CPA or advanced financial certification highly desirable.
• Minimum of 7 years of progressive financial management experience.
• At least 3 years of healthcare financial management experience, with FQHC experience strongly preferred.
• Experience with healthcare financial analysis and reporting, combined with proficiency in financial modeling, EHR systems, and practice management software preferred.
• Ability to cultivate and develop inclusive and equitable working relationships with co-workers and community members.
• Ability to serve as an advocate for individuals of all ethnicities, genders, ages, and backgrounds.
• Ability to work a schedule Mondays through Fridays during the hours of 8am to 5pm with hours outside this time frame when needed.
• Ability to read, write, speak, and comprehend English fluently.
• Vaccines as required.
Western NC health centers have stepped up to provide incredible service to their communities, acting immediately after the storm to re-open sites, deliver supplies, and volunteer in shelters, public housing complexes, and senior living centers, bringing care to their most vulnerable neighbors. Now it’s our turn to support these health care heroes and help them rebuild their communities: