Chief Financial Officer, Seattle, WA
Chief Financial Officer
At Qualis Health, we have a mission: to ensure that patients get the right care, in the right setting, and at the right time. Our commitment to improving healthcare quality and value, through evidence-based healthcare consulting and improvement services, directly influences care delivered to millions of Americans across the country.
America’s healthcare delivery system is evolving rapidly and Qualis Health is at the forefront. We lead initiatives that help our clients achieve performance excellence by adhering to best practices. The result? Better quality care, high patient and provider satisfaction, and greater efficiency.
Services we offer to public and private sector clients include:
- Case Management
- Utilization Review
- Healthcare Information Technology Consulting
- Healthcare Quality, Safety, and Efficiency Consulting
Founded in 1974, Qualis Health is headquartered in Seattle and has grown to over $40 million in revenue and 280 employees across five states and the District of Columbia. This role reports directly to our President & CEO and has the opportunity to strategize with senior leadership as they pursue opportunities to take advantage of healthcare industry trends.
- The Chief Financial Officer leads and directs all finance, accounting, risk management, compliance, contracting, procurement, administrative services, and facilities management needs of Qualis Health and its affiliate organization(s).
- Collaborates with the CEO and the Chief Operations Officer (COO) on strategic and tactical matters as they relate to budget management, cost benefit analysis, financial forecasting, procurement of new funding, and pricing of proposal responses for new and renewing business.
- As a business partner to the CEO, COO, and Vice Presidents, analyzes organizational performance against both the annual budget and Qualis Health’s long-term strategies by developing tools and systems to provide critical financial and operational information; makes actionable recommendations on both strategy and operations.
- Provides executive oversight of the organization’s compliance program, ensuring against illegal, unethical, or improper conduct.
- Specific responsibilities include financial reporting, budget preparation, internal controls, financial audits, cash management, investing, banking, contract negotiations, subcontract monitoring, risk management, business planning, financial forecasting and fiduciary oversight of employee benefits; also ensures that employees have adequate workspace and facilities.
FINANCE & ADMINISTRATION RESPONSIBILITIES
Provides executive oversight and guidance to the leadership team with management responsibilities in the following areas.
- Oversees the Accounting Department’s activities, including accounts payable and receivable as well as payroll.
- Oversees all accounts, ledgers, and reporting systems, ensuring compliance with appropriate Generally Accepted Accounting Principles, regulatory requirements, and Federal audit requirements (Defense Contract Audit Agency, Office of Management and Budget).
- Ensures maintenance of appropriate internal controls and financial procedures.
- Leads preparation for and manages all financial audits.
- Directs the preparation of annual operating, strategic, and capital budgets, engaging all appropriate stakeholders (staff and Board).
- Accountable for financial contract deliverables for the organization’s contracts, including subcontracting/purchasing plans, monitoring subcontractor performance government cost reports, government equipment reporting, etc.
- Manages cash flow and forecasting; develops a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs, and manages the process.
- Optimizes the handling of banking relationships and initiates appropriate strategies to enhance cash positions, including asset management and investments.
- Develops and utilizes forward-looking predictive models and activity, based financial analysis, to provide insight into the organization’s operations and business plans.
- Oversees preparation of price proposals for new or renewing contracts and grants.
- Directs the prudent investment of the organization’s financial resources to ensure reasonable growth and safety, compliance with regulatory guidelines, and the availability of adequate cash reserves.
- Serves as one of the trustees and/or assists in the oversight of the administration, fiduciary review, and financial reporting of the organization’s savings and retirement plan(s).
- Ensures legal and regulatory compliance of all financial functions.
- Directs lease negotiations, space planning, building and facilities management.
- Oversees reception, mailroom, and document production and retention functions.
- Participates in corporate policy development.
- Provides oversight to Compliance Officer, and with Chief Information Officer (CIO), is responsible for assuring patient confidentiality and security of patient, employee and all personal information, and promoting ethical behavior and an atmosphere of integrity across the organization.
- With external brokers, determines needs and negotiates insurance contracts and appropriate limits to protect organization’s assets and resources.
- Partners with Human Resources Senior Vice President in assessing and securing competitive health, vision and other insurance benefits for the welfare of employees.
- Responsible for timely and accurate filing of all federal, state and local tax returns, including IRS Forms 990, 990-T, and 5500.
- Oversees contracting and procurement activities, including Small Business Administration opportunities and reporting, to ensure compliance with all federal, state and local regulations.
- Partners with the Chief Information Officer (CIO) to procure specialized finance IT systems that meet the needs of the organization.
- Partners with Vice Presidents to identify growth strategies and develop multi-year financial plans to support business growth.
- Confers with CEO, COO, and other members of the senior management staff to coordinate and prioritize fiscally.
- 5+ years’ experience as CFO (or as the top financial executive reporting to the CEO), in a healthcare or non-profit organization with a budget of at least $10 million (or equivalent experience).
- 10+ years of progressive experience in senior financial-management role(s), that includes partnerships with executive staff which resulted in the development and implementation of creative financial management strategies.
- Significant experience and knowledge of complex non-profit accounting, including the compliance and reporting needs of Federal, state, and local governments and private grants.
- In-depth experience with and knowledge of GAAP; Federal Acquisition Regulations; OMB Circulars A-133, A-110 and A-122; and Code of Federal Regulations sections related to non-profit accounting.
- Familiarity with OMB 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
- Experience with the healthcare management industry, Federal research grant administration, and/or facility management preferred.
- Current on non-profit audit best practices and state and federal laws regarding non-profit operations, plus requirements that apply to federal contractors (e.g., DCAA).
- Strong analytic skills and experience translating a strategic vision into an operational model.
- Effective written and verbal communication skills.
- Proven ability to foster and cultivate business opportunities.
- Ability to represent the organization to financial partners, including financial institutions, investors, executive, auditors, and public officials.
- Track record of recognizing and responding to the needs of all clients of the organization, including funding organizations, the Board of Directors, local community advocates, participants, and employers.
- Team leadership experience of professionals, including regular progress reviews and plans for improvement, and effective mentoring and management of staff.
- Bachelor’s degree in a related field required; MBA and/or CPA preferred.
- Experience with Lean process improvement methodology desirable.
- Experience with consulting or other service delivery organizations desirable.
Submit your resume in confidence at https://qualishealthcareers.silkroad.com/qualisext/EmploymentListings.html Qualis Health is an Affirmative Action / Equal Employment Opportunity Employer that embraces and practices diversity, reflecting the communities we serve. We encourage minorities, Protected Veterans, and individuals with disabilities to apply.