Position Description

Chief Financial Officer (CFO)

Position

Leading a team of professionals, the Chief Financial Officer (CFO) leads all financial and accounting functions for the organization. Oversees the successful operations of the function, including accounts payable, accounts receivable, billing, bank reconciliation and payroll. In addition, the CFO serves as an integral member of the Senior Leadership Team, providing subject matter expertise and strategic support throughout the organization.

The position reports to the Chief Executive Officer.

Essential Duties

This position performs, but is not limited to, the following essential functions:

Objectives:

• Strategic Partnering: Collaborate with leadership to align financial strategies with organizational goals, leveraging financial intelligence and innovative technologies.
• Balanced Leadership: Maintain equilibrium between traditional accounting duties and strategic roles, embodying our commitment to growth and excellence.

Responsibilities:

• Steward: Manage risk and preserve assets, implementing robust financial controls and compliance measures within our multi-state operations and complex funding environment. Develop and enforce internal controls to maximize protection of company assets, policies and workflows.
• Operator: Run an efficient finance operation, developing streamlined accounting processes, leveraging emerging technologies, and implementing best practices specific to a not-for-profit healthcare company. Develop relationships with funding partners and ensure revenue capture activities occur timely, addressing any backlogs or rejected claims. Monitor processes for adverse trends and adjust when necessary.
• Strategist: Influence Trivium's direction, aligning financial goals with organizational strategies and integrating financial planning and analysis (FP&A) with our unique operational context. Support Senior Leadership Team in evaluating merger and acquisition activity, providing robust financial forecasting to enable sound decisions.
• Catalyst: Drive execution, monitoring performance against key financial benchmarks, ensuring alignment with our mission, values, and strategic objectives, and providing actionable insights.
• Team Development: Foster innovation, productivity, and trust within the finance and accounting team, offering dynamic leadership and reducing skill gaps through training, staff development, frequent communication and strategic recruitment.
• Financial Reporting and Analysis: Provide regular comprehensive financial updates to senior leadership through evaluation, analysis, and automation of key reporting functions. Prepare and submit timely and complete reporting to the board through their finance committee as well as any required external parties. Ensure audits are performed and any issues noted are quickly addressed.
• Budgeting and Cost Control: Achieve budgeting goals using fund and accrual accounting principles, aligning with organizational needs and compliance standards. Lead the annual budget process by collaborating with operations and support departments, providing timely and accurate information, and ensuring final budget is produced within established timeframes for board approval.
• Technologist: Optimize financial workflows and drive process improvement, eliminating unnecessary steps and employing automation whenever possible. Identify opportunities for software integration, fostering a tech-forward culture within the team.
• Completed other duties as may be assigned.

To perform the job successfully, the individual must be able to perform each essential responsibility satisfactorily.

Knowledge, Skills, and Abilities

• Builds and develops internal and external relationships. creates partnerships, builds trust, share ideas, and accomplishes work.
• Develops others to become more effective through strengths, expectations, and coaching.
• Embraces change and sets goals that align with the company's vision.
• Encourages and inspires others through positivity, vision, confidence, challenges, and recognition.
• Can gather and evaluate information that leads to smart decisions.
• Provides clear communication and share information regularly and concisely.
• Holds themselves and their team accountable for their performance.
• Has the ability to operate at the highest levels of integrity and build trust with every team member.
• Has the ability to partner with leadership to continue to improve the hiring process, onboarding and maximize employee retention.
• Has the ability to develop collaborative partnerships with company leaders to integrate and align the leadership and talent strategy with the business strategy.
• Has the ability to provide mentoring, coaching and career development opportunities to team members to allow them to grow their professional practice skills and career.
• Maintains a current knowledge and understanding of regulations, laws, best practices, and new developments by participating in professional conferences and educational opportunities, reading professional publications, maintaining professional networks, and participating in professional organizations.
• Demonstrates excellent communication, organizational, project management, and computer literacy skills.
• Has the ability to provide leadership, supervision, training, and evaluation of staff.
• Demonstrates effective time management, multitasking, and coordinating work outcomes and activities with multiple partners, being flexible as to scheduled hours.
• Handles difficult or sensitive situations using sound independent judgment within Company and legal guidelines.
• Has the ability to follow and lead by example the Company's mission to empower individuals and to actively seek out opportunities for an enhanced quality of life.
• Has the ability to travel to multiple sites as needed.
• Must be committed to self-improvement.

Physical Demands

While performing the responsibilities of the job, the employee is required to talk and listen. The employee is often required to sit and use their hands and fingers, to handle or feel and to manipulate keys on a keyboard. The employee is required to stand, walk, reach with arms and hands; and occasionally required to climb or balance, and to stoop, kneel, crouch or crawl. The vision abilities required by this job include close vision.

The employee must be able to travel between sites periodically and occasionally attend seminars/training or meetings, all of which may require overnight stay.

These physical demands are representative of the physical requirements necessary for an employee to successfully perform the essential functions of the job. Reasonable accommodation can be provided to enable people with disabilities to perform the described essential functions of this position.

Working Conditions

Working conditions are normal for an office environment. The noise level in the work environment is usually quiet to moderate. Work requires occasional weekend and/or evening work and the ability to remain on-call and available to provide management support in the event of emergencies.

Requirements/Qualifications

The Chief Financial Officer will have the following experience and attributes:

• Bachelor's degree in business, accounting, or a related field
• At least ten (10) years of demonstrated progressive experience in professional accounting, focused on strategic thinking and execution.
• Comprehensive understanding of banking processes, financial data analysis and compliance within a complex not-for-profit healthcare setting.
• Experience with process and software transformation projects.

Preference will be given to the following experience and attributes:

• Master's degree in business (MBA), accounting or finance
• Professional certification, such as a CPA or CA
• Proven skills in communication, financial planning, billing, accounting technology and data governance within the healthcare sector.

Confidentiality Statement

I acknowledge and understand that I may have access to confidential information, including Protected Health Information (PHI), regarding employees, clients, or the public. In addition, I acknowledge and understand that I may have access to proprietary or other confidential information or business information belonging to Trivium. Therefore, except as required or permitted by law, I agree that I will not:

• Access or attempt to access data that is unrelated to my job duties at Trivium.
• Access or attempt to access Protected Health Information (PHI) beyond my stated authorized HIPAA access level.
• Use or disclose to any other person, or allow any other person access to, any information related to facility that is proprietary or confidential and/or pertains to employees, students, clients, or the public. Use or disclosure of information includes, but is not limited to, verbal discussions, FAX transmissions, electronic mail messages, voice mail communication, written documentation, "loaning" computer access codes, and/or another transmission or sharing of data.
• Use or disclose Protected Health Information (PHI) for use in violation of HIPAA regulations.

I understand that Trivium Life Services and its employees, clients, or others may suffer irreparable harm by use or disclosure of proprietary or confidential information and that facility may seek legal remedies available to it should such use, or disclosure occur. Further, I understand that violations of this agreement may result in disciplinary action, up to and including, termination of my employment.