Chief Financial Officer

Location
Washington D.C.
Posted
Jun 24, 2022
Required Education
Bachelors Degree
Position Type
Full time

About Whitman-Walker

Whitman-Walker envisions a society where all persons are seen for who they are, treated with dignity and respect, and afforded equal opportunity to health and wellbeing.

Through care, advocacy, research, and education, we empower all persons to live healthy, love openly, and achieve equality and inclusion. For nearly 50 years, we have been meeting the needs of our communities with the endless dedication of our diverse teams.

 

WHITMAN-WALKER HEALTH

As a federally qualified health center, we offer integrated and affirming community-based health and wellness services to all with a special expertise in LGBTQ and HIV care. We strive to be responsive to current and emerging health care needs within the communities we serve.

 

WHITMAN-WALKER HEALTH SYSTEM

Whitman-Walker Health System is a community health system committed

to advancing social justice and equality through health. Formed to support and advance the mission and purposes of Whitman-Walker through a more diversified and financially sustainable business model, the Health System oversees and addresses critical system-wide issues and manages the activities of Whitman-Walker Foundation, Whitman-Walker Institute, and WWHS Real Property Holdings.

 

For more information about Whitman-Walker,  please visit their website: https://www.whitman-walker.org/

 

The Chief Financial Officer is responsible for the overall management of all financial, Information Technology (IT), and Facilities for Whitman-Walker Health, Whitman-Walker Health System, and related entities: WhitmanWalker Institute, Whitman-Walker Foundation, and WWHS Real Property Holdings.

 

The CFO is also responsible for ensuring accurate reporting related to all Whitman-Walker entities and for preserving appropriate segregation of financial systems of Whitman-Walker Health, Whitman-Walker Health System, and related entities. The CFO is also responsible for the direct management of Information Technology and Facilities. Duties include day to day management of a diverse and dynamic team, financial reporting and analysis, cash management, budgeting, internal accounting controls and policies, regulatory compliance, and annual audit support. For management of IT and Facilities, duties include extensive vendor management, facility considerations as part of larger asset distribution and oversight, and assurance of appropriate information security protocols. The CFO is part of a team devoted to the health and wellness of the communities served by Whitman-Walker. The position reports dually to CEO of WhitmanWalker Health and CEO of Whitman-Walker Health System.

 

RELATIONSHIP TO THE BOARD OF DIRECTORS

The Chief Financial Officer will provide formal reports and analysis to the Finance Committee of the Board of Directors of Whitman-Walker Health and to the Finance Committee of Whitman-Walker Health System. The CFO will be expected to participate in various Boards of Directors’ meetings as needed and work closely with each entity’s Board Treasurer.

 

OTHER PRINCIPAL RELATIONSHIPS

The Chief Financial Officer will work closely with the Executive Director and Chief Learning Officer of the Whitman Walker Institute and the Executive Director and Chief External Affairs Officer of the Whitman Walker Foundation. The CFO will work closely with the Chief Program Officer and Chief Health Officer to coordinate and deliver specific daily operational aims of Whitman-Walker Health. The CFO will work closely with all other senior team-members of both Whitman-Walker Health and Whitman-Walker Health System in stewarding an integrated and aligned organization. These key relationships include WhitmanWalker Health System and Whitman-Walker Health General Counsel and key relationships in Population Health and Quality, Human Resources, Patient Services Billing, and Compliance. Lastly, the CFO will have extensive vendor relationships specific to Information Technology and Facilities, in particular.

 

PRIMARY ESSENTIAL DUTIES

Finance:

• Supervises and develops the Finance team that completes timely and accurate monthly reporting that complies with generally accepted accounting principles and, as applicable, federal and state financial reporting requirements, including grant compliance, annual tax filings, and audit processes

• Oversees all accounting functions, including documentation within the appropriate general ledgers, vendor and cash management, and reconciliation of accounts receivables.

• Oversees and develops a comprehensive understanding of patient billing services and related revenue in order to provide timely accounts’ receivable support, comply with Medicare and Medicaid cost-reporting, and, as applicable, the requirements of the Health Center Program. Participates in external meetings with policy makers and partners as they relate to compliance and regulation.

• Designs and implements an effective accounting information system, monitoring for effectiveness and auditing for compliance with local and federal regulations.

• Reports financial information to the Chief Executive Officers, Executive Directors, Senior Leadership, and Boards of Directors on a regular basis, providing useful, clear information on   important events, trends, and prospective problems.

• Oversees creation and management of all department and division budgets, collaborating with senior managers and executives to ensure adherence to budget constraints and appropriate funding of all necessary programs.

• Provides strategic planning support and forecasting on financial matters, working with the CEOs, Executive Directors, Boards of Directors, and other key staff to analyze current financial performance, project future needs, and develop means for attaining short- and long-term financial stability.

• Safeguards all funds and assets, ensuring adherence to all policies and procedures.

• Manages daily cash flow, ensuring availability of capital to meet all business obligations.

• Ensures timely preparation of annual operating and capital budgets for all Whitman-Walker entities.

• Exemplifies unwavering commitment to diversity, equity, and inclusion in all domains of leadership.

• Works with CEOs to ensure an appropriate amount of time is available to support the requirements of Whitman-Walker Health’s financial oversight.

• Other duties as assigned.

 

Information Technology:

• Supervises and develops the Information Technology team, including vendor relationships, to meet the demands and complexity of Whitman-Walker, including deep understanding of health information technologies.

• Oversees the development and implementation of information security policies and procedures.

• Works in close coordination with Population Health and Quality, Research, and other key departments on the infrastructure for electronic health records and related health IT tools. Monitors trends in the marketplace to support ongoing risk assessments and resource alignment to address the IT needs of Whitman-Walker.

• Manages and works with IT leadership to prioritize the needs of WhitmanWalker through annual budgeting and planning. Ensures the ongoing maintenance and updating of information systems and infrastructure, including hardware, software, and applications. Facilities: Supervises and develops the Facilities team, including vendor relations, to meet the demands and complexity of Whitman-Walker.

• Works with CEOs to execute major facility initiatives, including providing recommendations related to facility decisions.

• Works with Facilities management on annual budgeting and planning. Ensures that ongoing maintenance occurs and relationships with vendors is monitored and assessed.

• Ensures site-based environments provide similar experiences for all patients, staff, and community members.

• Works in full alignment with the key clinical and programmatic stakeholders on emergency operations and incident management.

 

BUDGET RESPONSIBILITIES

Responsible for overall management of the Finance, Information Technology, and Facilities Departments’ annual operating budgets.

 

MANAGEMENT RESPONSIBILITIES

Responsible for management and direct supervision of all Finance, Information Technology, and Facilities staff, including any contractors within the departments’ scopes.

 

Candidate Profile

The ideal candidate will have the following professional and personal

qualities, skills, and characteristics.

 

• Strong knowledge of general financial and accounting practices, policies, and

• procedures, including specific knowledge of current laws and regulations

• governing these areas.

• Knowledge of budgeting, financial reporting, and cash management

• methods.

• Knowledge of Generally Accepted Accounting Principles, pronouncements of

• the Financial Accounting Standards Board, and the current Federal

• Acquisition Regulations System.

• General knowledge of health care insurance and compliance practices,

• policies, and procedures, including the applicable requirements of the Health

• Center Program.

• Strong knowledge and skills in federal and state grant compliance reporting

• and having in-depth understanding of annual tax filing process and

• procedures.

• Excellent oral and written communication skills, including developed

• negotiation skills and the ability to forge professional relationships with

• outside banking institutions, insurers, community leaders, vendors, and

• financial contractors.

• Well-developed management skills, including a proven ability to lead diverse

• financial staff in overseeing and implementing the complex financial

• operations of a federally funded, nonprofit, health care organization.

• Ability to plan, design, and manage an efficient accounting information

• system.

• Ability to make important decisions in a fast-paced environment, both as an

• individual leader and in collaboration with key personnel and Board

• Members.

• Well-developed statistical and analytical skills, including the ability to

• prepare accurate, concise, and comprehensive reports.

• Sensitivity to all areas of diversity, including HIV status, race, ethnicity, ability,

age, sexual orientation, and gender identity.

 

EDUCATION AND EXPERIENCE

• Bachelor’s Degree required, in a finance related field preferred.CPA, Master’s Degree, or an equivalent combination of education and

• experience required.

• At least ten years of progressively responsible financial experience required,

• with at least five years of experience at a senior management level.

• Experience in a nonprofit and/or health care setting preferred.

• Experience with federal grants management and compliance with singleaudit requirements strongly preferred.

 

WORKING CONDITIONS

Working conditions for this position are normal for an office environment. Individual may be required to work evenings and/or weekends and organization events.

 

PHYSICAL DEMANDS

• Lifting: No more than 20 lbs. and infrequently.

• Movement: Standing and sitting for long periods of time.

• Visual: Long periods of time spent in front of screens.

• Concentration: Extended periods of engagement with computer systems where concentration is key to accuracy in data entry. Intermittent periods of engagement with a telephone system to respond to inquiries where concentration is key to task performance.

• Communication: Direct and indirect communication.

• Written and verbal competency.

 

COMPENSATION AND BENEFITS

Salary is competitive and commensurate with experience.

 

Contact 

Koya Partners, the executive search firm that specializes in mission-driven search, has been exclusively retained for this engagement. Kim Dukes, Managing Director, Josyanne Roche, Vice-President, Senior Search Associate, and Kristina Dorne, Senior Search Associate of Koya Partners, have been exclusively retained for this search. To express interest in this role, please submit your materials here:

https://apptrkr.com/3173554 

All inquiries and discussions will be considered strictly confidential. 

 

Koya Partners is committed to providing reasonable accommodation to individuals living with disabilities. If you are a qualified individual living with a disability and need assistance expressing interest online, please email NonprofitSearchOps@divsearch.com. If you are selected for an interview, you will receive additional information regarding how to request accommodation for the interview process.

Whitman-Walker is an equal opportunity employer and strongly encourages applications from people of color, persons with disabilities, women, and LGBTQ+ applicants