• Chief Financial Officer

    Job Locations US-VA-Richmond
    Job ID
    2019-5517
  • About Us

    Don’t just find a job, find your WHY at a purpose-driven organization; discover a career at Virginia Premier.
    By blending quality benefits, affiliating with the world-renowned VCU Health System and offering career-advancing development programs, we allow our employees to focus on the meaningful work of improving and saving the lives of more than 200,000 people throughout the state of Virginia.
     
    At Virginia Premier, we are building an industry leading health care organization through dedicated teams that have heart, provide top-notch quality member services and embrace our mission of inspiring healthy living within the communities we serve. Our vision is to connect people to innovation, quality and affordable health care for all phases of life.
     
    If this sounds like you, read on!

    Overview

    Thie Chief Financial Officer is primarily responsible for the oversight of all fiscal and accounting functions with the single authority for managerial and operational accounting, financial statements, reporting, and fiscal policy interpretation. The CFO plans, organizes, and directs the financial management, serving as the single position through which all financial information within the corporation flows.

    Responsibilities

    POSITION DUTIES AND RESPONSIBILITIES

    • Directs the preparation of financial reports for the CEO, board members and other health plan and health systems executives
    • Develops and submits accurate reports to meet all federal and state reporting requirements
    • Provides significant contributions to shape the organization’s short-, mid- and long-term business strategies
    • Certifies all financial statements, transactions, payments, receipts and accounts
    • Directs financial accounting functions to ensure accurate recording and reporting of corporate financial information.  Functional areas include budgeting, payroll administration, general accounting, cash receipts, cash disbursements, purchasing, accounts payable, fixed asset accounting, capital projects, and financial management and reporting
    • Ensures timely, effective and accurate financial planning and budgeting, financial reporting and cost analysis, and the development of forecasting models to project revenues and costs
    • Develops, implements, and enforces accounting policies and practices throughout the company
    • Develops and manages the organization’s relationships with key external partners including those responsible for external audit and actuarial functions
    • Builds, develops and retains a high performing team of finance professionals
    • Continually increases the financial and health plan business acumen of health plan and health system executives and leaders

    Specific Responsibilities (ongoing)

     

    • Budget development, forecasting and variance reporting
    • Financial analysis
    • GAAP and statutory financial statements
    • Quarterly Board of Directors financial reports
    • Annual audits (CY Statutory and FY as part of MCVH)
    • Bureau of Insurance monthly, quarterly and annual filings
    • IBNR calculations and trend reports
    • Actuarial analysis support
    • External audit support
    • Tax return support
    • License and membership reporting and fees
    • Claim payments audit
    • Cost benefit analysis

    Qualifications

    MINIMUM EDUCATION REQUIREMENTS

    •  Bachelor's degree in Accounting, CPA and/or MBA required

    SPECIAL KNOWLEDGE AND/OR SKILLS 

    • Working knowledge of generally accepted accounting principles
    • Working knowledge of automated accounting systems and computer operations for maintaining counting records
    • Ability to analyze statistical and financial reports
    • Excellent organizational and interpersonal skills
    • Ability to work effectively with co-workers as a team member
    • Ability to communicate effectively and professionally, both orally and in writing

     WORK BACKGROUND/EXPERIENCE

    • Five years of related work experience with minimum of 3 years supervisory experience
    • Experience in healthcare environment preferred

    PHYSICAL REQUIREMENTS

    • Physical health sufficient to meet the ergonomic standards and demands of the position

     

    All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. EOE

     

    Our mission is to inspire healthy living within the communities we serve!

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