​JOB SUMMARY: The VP of
Finance provides key leadership and strategic vision for the Finance operations
of the organization at large. This is a
dynamic position requiring a combination of proven leadership qualities, strong
technical and management skills to oversee an annual budget of $46M at a
Federally Qualified Health Center (FQHC).Â
The VP of Finance is accountable to the CEO and Board of Directors to
monitor the quality and compliance of all Finance and accounting functions,
from ongoing transactions (i.e. billing, collections, payables/receivables and
payroll) to more complex and technical reporting. The VP of Finance works closely with Finance/Accounting
Staff and Department Managers, providing guidance on fiscal matters and setting
benchmarks for budget planning and projections, sustainability/cost analysis,
expense tracking, and pro forma financial assessments for new or expanding
grant projects. This position also
oversees Business Development, Billing.
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In
addition to all standard duties associated with the VP of Finance function, the
position is responsible for developing and maintaining a strategic plan for the
controlled growth, the annual budget, expansion and development of programs and
sites; preparing or directing the preparation of monthly financial statements, daily
cash flow analysis, maintenance of GL accounts, fixed asset inventory, annual
financial audits and other scheduled audits conducted by funding agencies. The VP of Finance is also responsible to
establish and maintain all financial policies and protocols for the
organization in accordance with generally accepted accounting principles and
other requirements applicable to funding of an FQHC.Â
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On
the external front this position will represent TVHC at local, state and
national forums, and as such must be an effective communicator to both small
and large groups either in person or in multiple arenas such as key financial
institutions, governmental agencies, grantors and funding agencies.
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ESSENTIAL DUTIES/RESPONSIBILITIES/EXPECTATIONS
Responsibilities:
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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.Â
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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.Â
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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.
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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.
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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.
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Performs
administrative functions for all programs including review of protocols,
coordination of personnel, contract management, check signing and other
functions.
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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.
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Ensures
fiscal compliance with relevant laws, regulations, etc., through appropriate
policy development, training, creation and implementation of forms, or other
appropriate means.
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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.
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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.
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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.
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Directs
the fixed assets inventory process for all TVHC sites and programs and provides
policies to safeguard the assets of TVHC.
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Manages
process for annual financial audits and scheduled audits by funding agencies,
and ensures that TVHC adheres to contract / grant requirements and GAAP.
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Provides
direction to accounting staff related to payroll management for all TVHC
employees, including quarterly and year end reporting.
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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.
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Provides
additional collaborative and individual assistance, as requested and/or as
appropriate, to ensure the ongoing success of the organization.
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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.