Chief Financial Officer

Direct message the job poster from Pemberton & Associates

Pemberton & Associates has been retained by Inter Med located in South Portland, Maine to recruit its next Chief Financial Officer. Founded in 1994, Inter Med is a physician-owned, multi-specialty medical group operating multiple locations across southern Maine. The organization offers a comprehensive range of primary care and specialty services. Since its inception, Inter Med has grown to approximately 1,000 employees, including 100 physicians, with 60 physician shareholders and an 11-member physician board.

This position requires on-site presence. If you have any questions regarding the opportunity, please contact Susan Pemberton, CPA, CIA, Partner at Pemberton & Associates, to arrange a time to discuss. The job description is as follows:

SUMMARY:

Working under the general supervision of the Chief Executive Officer (CEO) and in accordance with the policies and procedures of Inter Med, P.A., generally accepted accounting principles (GAAP), and State and Federal regulations, the Chief Financial Officer (CFO) plans, organizes, directs and supervises activities associated with the financial aspects of the Organization. The CFO is directly responsible for fiscal reporting, the audit function, vendor contract administration, and treasury.

The CFO has administrative responsibilities in the absence of other administrative staff and consults with and advises administrative officers regarding methods of generating revenues and controlling operational costs in relation to the organization’s long-term goals. The CFO is responsive to trends in market conditions and the healthcare environment locally, regionally, and nationally.

ESSENTIAL FUNCTIONS

Leadership:

• Always incorporates Inter Med’s mission, vision and values into the delivery of high-quality services to our stakeholders - patients, physicians, staff, community, and payers/providers/vendors.
• Plans, develops, organizes, implements, directs and evaluates Inter Med’s fiscal function and performance. Works closely with the CEO, Board of Directors, Business Intelligence and leadership throughout the organization to gather and disseminate relevant financial and operational information. Reports on periodic financial statements and related issues or concerns to various governance bodies.
• As a strategic member of the executive team, is active in the strategic planning process and responds to changes in the healthcare environment that impact financial operations. Keeps those with a ‘need to know’ informed.
• Provides technical financial advice and knowledge to others in the financial departments. Supervises directly reporting employees (and indirectly, their employees) and is accountable for a productive and engaged staff. Conducts supervisory responsibilities according to established procedures (hiring, training, evaluation, performance management).
• Works in partnership with physician leadership to facilitate effective working relationships between physicians and staff. Ensures an environment of respect and collaboration while inspiring leaders and caregivers to deliver on Inter Med’s commitment to our patients.
• Creates a climate in which people want to do their best. Effectively creates teams with strong morale and spirit.
• Serves as a change agent as our company constantly seeks ways to improve the way we care for our patients.
• Provides thoughtful leadership for our managers including direction, timely feedback, professional development, and ongoing performance planning. Develops improvement action plans and implements them where necessary.

Communication:

• Fosters strong working relationships with managers and executive leaders to facilitate effective communication and follow through on key organizational imperatives.
• Demonstrates strong interpersonal savvy.
• Builds appropriate rapport and effective working relationships. Uses diplomacy and tact to comfortably navigate complex personnel situations.
• Collaborates across different functional areas to meet business objectives.
• Evaluates and advises the Chief Executive Officer, Board of Directors and Board Committees on the financial impact of long-range planning,…