Chief Financial Officer

Overview

The Chief Financial Officer (CFO) is responsible for the financial management of the organization to include premium rate development, actuarial services, directed payments, budget analysis / management, financial modeling and reporting, cost benefit analysis, capitation development, claim operations, forecasting needs, facilities, payroll, accounting / treasury operations, internal auditing, risk insurance management, and purchasing including the procurement process.

In addition to providing financial leadership for IEHP, this position will be responsible for actuarial planning, forecasting, and analysis of financial / organizational risk associated with Medi-Cal, Covered California, and Medicare CCI Dual lines of business. The CFO will offer quality, meaningful analyses, and financial perspectives necessary for organizational decisions and strategic / operational planning. The CFO is also responsible for the following non-financial departments – Claims, Property Management, Facilities, Business Continuity, Medical Economics, and Risk Score Management for Medi-Cal, Covered California, and DSNP products.

Responsibilities

• Oversees and directs budgeting, financial audits, MCO tax, accounting, capitation, purchasing, premium rate development with the DHCS, Covered California, and CMS, procurement of capital equipment, services and supplies, long-range forecasting, risk insurance management activities, recovery of claim overpayments, financial auditing of IPAs and vendors, internal audit, and treasury for IEHP.
• Manages staff to develop and implement procedures and computer application systems necessary to maintain proper records and to afford adequate accounting controls and services.
• Ensures staff is engaged, well informed, and aligned with organizational priorities through clear communication, ongoing coaching, and professional development opportunities.
• Provides strategic leadership and insights into IEHP’s business lines while actively partnering with executive leaders to drive alignment, inform decision making, and ensure financial sustainability across the organization.
• Oversees production of monthly comprehensive financial and actuarial reports.
• Coordinates treasury activities such as custodian of funds and IEHP’s assets.
• Appraises IEHP’s financial position and issues periodic reports on the organization’s financial stability, liquidity, and growth.
• Develops the annual operating and capital budgets.
• Analyzes, consolidates, and directs all cost accounting procedures together with other statistical and routine reports.
• Oversees and directs the preparation and issuance of the annual audit.

Qualifications

Experience / Knowledge Requirements :

Educational Requirements :

Additional Details

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