Chief Financial Officer

The Chief Financial Officer (CFO) provides strategic and operational leadership for the financial health of the Plan, including financial planning and analysis, budgeting, forecasting, accounting, treasury, claims payment oversight, billing and reimbursement, and enterprise financial reporting. The CFO safeguards Plan assets, supports executive decision-making with actionable financial insights, and oversees actuarial, underwriting, and rate-setting functions in partnership with internal stakeholders. This role also leads regulatory and rate-related filings, ensures effective financial controls and compliance, and serves as a key advisor to executive leadership, the Finance Committee, and the Board of Trustees in support of the Plan's mission, growth, and long-term sustainability.

• Lead financial strategy and planning by organizing and coordinating financial policies and integrating short- and long-term fiscal plans with the Plan’s goals and objectives.
• Oversee budgeting, forecasting, capital planning, cash flow projections, financial statements, and internal management reporting through a formal budget and performance measurement program.
• Ensure the integrity of accounting operations and compliance with generally accepted accounting principles, including systems supporting accounts receivable, accounts payable, related accounting functions, internal controls, and audit readiness.
• Manage billing, collection, and reimbursement operations to support timely collections and effective oversight of third-party reimbursement and regulatory cost controls.
• Provide financial analysis, interpretation, and recommendations to support executive decision-making and organizational performance.
• Communicate financial results, reports, and key insights to management, the Finance Committee, and the Board of Trustees, and attend meetings as required.
• Oversee treasury management, including cash, short-term investments, banking activities, and relationships with financial institutions and lines of credit.
• Direct the development and implementation of financial systems, policies, procedures, and management information processes needed to support the Plan’s operations and growth.
• Oversee Claims Department operations and ensure the accuracy of payments to in-network and out-of-network providers.
• Oversee actuarial, underwriting, and rate-setting functions, and partner with internal departments to update contract payment terms and conditions and evaluate the Plan’s overall rate structure and managed care contracts.
• Review tax filings; oversee annual senior and commercial plan rate and benefit package submissions to CMS and DMHC; and lead timely, accurate responses, certifications, attestations, and supporting documentation for regulatory and governmental agencies.
• Support cost control, evaluate new projects, and participate in planning for major purchases, lease arrangements, and facility-related initiatives.
• Develop and lead the finance team by managing work allocation, training, mentoring, problem resolution, and succession planning to build an effective organization.
• Serve as the Chief Executive Officer’s designee upon request, absence, or incapacity.
• Perform other duties as assigned.

CORE COMPETENCIES

Must possess and consistently demonstrate the following competencies:

Management – Makes the best use of available time and resources. Acknowledges and corrects mistakes. Shows up to work on time, and follows instructions, policies, and procedures. Meets productivity standards, deadlines, and work schedules. Prioritizes tasks by importance and deadline. Displays an ongoing commitment to learning and self-improvement. Desiring and making an effort to acquire new knowledge or skills for work.

Leadership Effectiveness – Leads by example and sets standards for professional behavior. Helps those in need of assistance, regardless of rank. Offers help when needed. Identifies what needs to be done and takes action before being asked or required. Recognizes situations that warrant initiative and moves forward without hesitation. Displays a positive attitude about the work to be done, co-workers, customers,…