Plymouth Place is a retirement community, based on Christian values, that honors the individual's right to experience life to its fullest. This rewarding lifestyle includes true independence and daily fulfillment. Plymouth Place Senior Living is a Continuing Care Retirement Community. We are a non-profit with an operating budget of over $31 million dollars, we offer life care plan A. In addition, Plymouth Place offers three levels of care with a 86 bed skilled healthcare center, 78 bed Assisted Living and 28 bed Memory Care. With our 70+ year history, we're the most established nonprofit community in southwestern Chicago, and arguably the most recognized landmark in La Grange Park, Illinois The CFO provides strategy and operational leadership to ensure the financial success of the Organization; includes monitoring the profitability and the financial impact related to the delivery of executed client contracts. In addition, this CFO candidate will lead the IT operation, new business development, and compliance. The CFO must anticipate and respond effectively to changes within the healthcare industry and senior living industry to determine financial impacts to our specific market segment (e.g., shifts in payor models, value-based reimbursement, Medicare/Medicaid guidelines, and self-insured) while designing and implementing strategies allowing Plymouth Place to meet/exceed financial targets. The CFO will work collaboratively to facilitate the achievement of strategic goals: 1) demonstrate superior quality 2) monitor and maintain forecasted revenue 3) develop and monitor all deal models; 4) closely monitor and adjust necessary technology ROI. The CFO serves as the direct link between our financial strategy and the ability for us to achieve our organizational and client goals. The CFO directly reports to the CEO. Assess and evaluate financial performance with regard to long-term operational goals, budgets, and forecasts. Participate in pivotal decisions as they relate to strategic initiatives and operational models with a strong focus on revenue growth and profitability. Interact with and bring the department into line overall goals, initiatives, and recommendations. Utilize forward-looking models and activity-based analysis to provide financial insight into the Organization's plans and operating budgets. Engage CEO, President and/or Board of Directors to develop short-term and long-term plans, projections, and budgets. Develop, negotiate and monitor all client and vendor contracts. Prepare and present monthly financial reports including monthly profit and loss, forecast vs. budget and weekly cash. Review and analyze monthly financial results and provide recommendations. Identify, develop and execute analysis of business initiatives and/or new service offerings. Supervise the finance/accounting staff. Review and ensure the application of appropriate internal controls, compliance and financial procedures. Ensure timeliness, the accuracy of financial, and management reporting data for CEO, President and company's board of directors. Enhance and implement financial and accounting systems, processes, tools, and control systems to facilitate clean audits with limited adjustments. Ensures that all financial approval processes are in place and followed. Maintains the records of the company in accordance with Generally Accepted Accounting Principles (GAAP) Consistently set the Company up for success to achieve budget Manage cash flow planning process and ensure funds availability. Oversee cash, investments, and asset management functions. QUALIFICATIONS: A bachelor's degree in accounting or Finance required MBA and CPA Preferred 6 years minimum experience as a CFO or
Healthcare Billing company strongly preferred. 14 years of experience total accounting or finance experience in healthcare required Prior experience with Generally Accepted Accounting Principles (GAAP) Background working with I.T. senior leadership on I.T. budget, spending,
and development ROI. Compliance UNIVERSAL EXPECTATIONS
You are expected to:
Understand and honor Plymouth Place's Mission through your actions while on duty. 2.
Adhere to and uphold organization standards as set forth in the Plymouth Place Employee Handbook (i.e., integrity, respect of residents, co-workers, managers, resident family members, visitors, vendors, etc., and personal responsibility/ accountability).
Display behaviors and attitudes that are conducive to kind, caring and respectful care of residents and co-workers.
Understand and practice the principles of person-centered care and service at all times.
Know and respect resident rights during all interactions with residents. 4.
Understand that every Plymouth Place employee serves as an advocate for our residents and as such you are duty-bound to report to your manager any rude, neglectful or abusive behavior you may observe another person displaying toward any resident. 5.
Maintain the confidentiality of all resident care information including protected health information.
Report known or suspected incidents of unauthorized disclosure of such information. 6.
Practice safety in all aspects of your job responsibilities.
Report any work injury immediately to your department manager or manager designee.
Report immediately any incident of harassment/bullying/violence involving you or others to your department manager or another member of management. 7.
Understand the importance of good attendance and its impact on residents and other staff.
Consistently report to work on time and work the entire shift as scheduled. 8.
Wear appropriate apparel which is clean and in good condition while on duty. Wear uniforms if required. Maintain good personal hygiene. 9.
Wear your name badge at all times while on duty. Safeguard your keycard and do not give it to anyone else to use. 10.
Attend in-service training programs as offered or mandated to fulfill department specific and/or other training requirements (e.g., safety, infection control, understanding dementia, resident rights, body mechanics, etc.). 11.
Complete assigned on-line training courses in a timely manner. 12.
Regularly access your Plymouth Place e-mail, if provided, to keep up-to-date with departmental and company-wide communications. 13.
Understand that work-related tasks may not be performed outside of manager-approved work time, including but not limited to initiating/reading work-related e-mails, initiating/answering work-related phone calls, and completing online training assignments. 14.
Within the scope of your job description, identify opportunities for improvement and actively participate in efforts toward improvement Category: Finance , Keywords: Chief Financial Officer (CFO)