Position Summary:


The company specializes in providing primary care and podiatry services in the home for Medicare beneficiaries who have difficulty visiting a doctor's office. The company has grown to over $18M in annual revenues, over 12,000 patients, over 120 employees, and serve the Chicago & Baltimore metropolitan markets.  The company expects to continue penetrating existing markets and expand to new geographies.  


The CFO is responsible for the day-to-day financial, administrative and back-office affairs of this organization.  The position reports to the CEO, and we are seeking a "right hand" to the CEO, who will assume a hands-on, in the details approach to a variety of activities yet also be a value added partner in evaluating strategic alternatives.  


Areas of responsibility include accounting / finance / cash flow forecasting, billing and collecting, contracting with third parties, human resources and information technology.  This is a "roll up your sleeves" position in a fast-paced entrepreneurial environment.  The individuals that currently report to the CFO position are: Accounting, Managers of Billing and Collections, Purchasing/Administrative manager, and IT.  


Responsibilities:


The CFO will oversee accounting, financial analysis, risk management, the objective and analytical measurement of company performance, back-office operations, administration and collaborate with the CEO to develop various recommendations for increasing profitability and return on assets.  More specific tasks are outlined below:


Finance / Accounting / Revenue Management


- Oversee the billing and collecting team.  Use innovation and discipline to ensure timely accurate invoicing, cash application and collections activity.


- Oversee cash management, with particular attention to A/R, A/P and cash flow forecasting


- Produce monthly financial statements for Board, CEO, lenders and management


- Develop and maintain a "dashboard" of key metrics for regular distribution


- Budget, forecast, and track financial performance


- Proactively evaluate key business drivers of growth, profitability, and productivity


- Ensure that timely filing of all tax matters


- Manage accounts payables and relationships with vendors and payers (insurance companies and Medicare).


- Process payroll for both the management company and professional corporation (clinicians)


- Manage the annual audit process and auditor relationship


- Manage the relationships with the Company's lenders, and ensure compliance with their various reporting requirements


Administrative / Operations / Other  


- Oversee human resources and perform various HR functions as needed.


- Assume responsibility for the Company's information technology, evaluating capabilities, and implementing improvements as needed.


- Ensure compliance with company procedures, programs and government regulations 


- Assist CEO in assessing growth initiatives and/or innovative business arrangements 


- Contribute to strategic planning by interpreting financial data, highlighting problems and opportunities, and developing innovative ways to measure performance.


Requirements:


Bachelor degree in accounting, finance or business administration.   CPA/CMA and/or MBA strongly preferred.


15+ years relevant experience with extensive accounting/finance background and experience with private equity preferred.  


Experience in the health services is strongly preferred with experience managing the AR with Medicare carriers, public aid, and commercial insurance.


Demonstrated expertise at managing complex information technology systems, and creating processes and procedures that ensure proper use.  


Critical Competencies and Characteristics for Success:


Strong Accounting Background:  The successful candidate will be expected to continue professionalizing the accounting, finance, billing and collecting departments.  This hands-on role will require an in-depth understanding of accounting, finance and revenue management.  


Detail Oriented: Delving into details of the Company's financial and administrative affairs should come naturally.  


Highly Organized, Able To Multi-Task Effectively: The position will require the balancing of multiple priorities while completing certain tasks on a tight deadline.   


Pro-Active Information Gathering and Problem Solving: As the Company's day-to-day administrative leader, the candidate will be expected to pro-actively project or identify issues, obtain explanations and work with the CEO to quickly implement corrective action, if necessary.  


Management & Teamwork Skills: The candidate should possess a strong track record of building high performance teams, setting and delivering on key initiatives, and proactively addressing performance issues.  


Excellent Communication Skills: Whether negotiating with vendors and payors, interacting with employees, or presenting to the Board of Directors or CEO  the candidate should be able to effective communicate information and his/her opinions.  


Comfort With Entrepreneurial Environment:  The candidate should be comfortable with the fast-paced, hands-on, relatively unstructured environment of an entrepreneurial company.  This environment also requires the person in this position to be able to perform certain basic accounting tasks while having the necessary skills and abilities to be a critical member of the senior management team that is responsible for the continued growth and profitability of the company. 


Compensation & Benefits:  


Salary, bonus, and equity commensurate with experience level and contribution to organization.   Excellent health and welfare benefits and 401K.  Vacation and sick pay benefits consistent with company policies.  


General Understanding and Nature of the Position Description


In accordance with the Americans with Disabilities Act, the above statements are intended to describe the general nature and level of work being performed by people assigned to this job classification.  These statements are not intended to be an exhaustive list of all responsibilities, duties and skills of personnel so classified.