Financial Controller

Job Title: FinancialController

Department: Finance

Status: Full-Time Exempt

Location: Midwest Refuah Health Center - 6374 North Lincoln Ave Chicago Illinois 60659

Reports To: CEO

Compensation: $100K – $120K (DOE)

A growing and dynamic health center is looking for a Financial Controller to play a crucial role in the day-to-day operations of the Midwest Refuah Health Center’s finance team. You will ensure that the organization receives relevant, timely, and accurate financial data, maintain robust internal controls, prepare budget information, and provide variance analyses to help us function at our best.

Duties and Responsibilities:

• Assist us in achieving our Federally Qualified Health Care (FQHC) status.
• Assist in the development and implementation of financial policies and procedures to ensure accurate and timely financial reporting.
• Manage the organization's financial accounting systems, including general ledger, accounts payable, accounts receivable, and payroll.

· Oversee the organization’s financial accounting systems and functions maintaining strong internal controls – resulting in a clean annual audit, in full compliance with generally accepted accounting principles (GAAP).

· Ensure compliance with HRSA accreditations and all other applicable Federally Qualified Health Center (FQHC) and all federal regulations.

• Monitor cash flow, review financial statements, and prepare financial reports for senior management, the board of directors, and external stakeholders.
• Collaborate with the CEO and CFO to develop annual budgets and forecasts, providing guidance and support to department heads throughout the process.

· Prepare necessary regulatory cost reporting and keep current with rules, regulations, and reporting requirements for federal, state, and grant funders.

· Coordinate standards and integrate financial performance measures for clinic operations.

· Oversee financial tracking system, coordinated with our EHR and billing systems, to properly track revenue cycle management and patient revenue with the finance team.

· Oversee the finance systems: accounting, payroll, account payable, accounts receivable, and patient financial services monitoring expenditures.

· Supervise billing and collections function for all services rendered to patients.

· Provide supervision and execution in the preparation and posting of entries to the general ledger, accounts payable ledger, accounts receivable ledger and payroll.

· Monitor cash flow on a continual basis, prepare bank reconciliations, audit cash receipts and accounts receivable/payable.

· Prepare the operational financial and management reports on a monthly, quarterly, and annual basis.

· Prepare financial, regulatory, cost reimbursement, and special reports as required by government agencies and private third-party agencies.

• Analyze and interpret government regulations specific to the health care industry, FQHCs and look-alikes.

Qualifications:

• Minimum five years’ experience in a financial leadership position in a public/private/nonprofit environment and experience as a member of senior management teams with excellent supervisory and coaching skills, and strong, facilitative leadership skills.
• Three years or more of health care accounting experience with a Federally Qualified Health Center or health care center of at least 50 employees is required.
• Bachelor’s degree in finance or equivalent experience. CPA preferred.
• eClinicalWorks experience
• QuickBooks experience
• Knowledge of governmental cost principles, budgetary and reporting requirements, and auditing standards. Specific knowledge of not-for- profit accounting principles.
• Demonstrated financial leadership experience in a FQHC setting with strong analytical skills and experience working with and presenting to the Board of Directors.
• High personal and professional integrity.
• Experience and ability to work independently, as well as with and across all levels of management and line staff, and to influence and collaborate in a diverse and cross‐functional workplace.
• Excellent attention to detail, ability to communicate effectively and manage multiple deadlines and priorities.

Preferred Qualifications:

· eClinicalworks experience

· FQHC experience

Midwest Refuah Health Center is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, ethnicity, religion, sexual orientation, veteran status, national origin, pregnancy or related conditions, or disability. While performing the duties of this job, the employee is regularly required to talk or hear, sit, use hands, reach with hands and arms, stand, walk, walk up and down stairs, lift and/or move up to 25 pounds.

Pay: $100,000.00 - $120,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Disability insurance
• Employee assistance program
• Flexible schedule
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Work Location: In person