Thank you for your interest in a career at NeighborHealth formerly East Boston Neighborhood Health Center!
As one of the largest community health centers in the country NeighborHealth is proud to serve the greater Boston area with a strong commitment to the health and well-being of our patients and communities.
Whether youre a nurse or physician providing direct care a manager leading dedicated teams or part of the essential support staff who keep our operations running smoothly every role at NeighborHealth is vital. Together were advancing medicine and delivering the best care experience for our patients and community!
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To learn more about working at NeighborHealth and our benefits please visit out our Careers Page.
Time Type:
Full time
Department:
Finance
All Locations:
300 Ocean Avenue Revere
Position Summary:
The Chief Financial Officer (CFO) is a key strategic partner to the President & CEO and a critical member of NeighborHealths Executive Leadership Team. The CFO provides vision oversight and accountability for all financial operations across the organizationincluding primary care behavioral health specialties PACE pharmacy/340B grants management and administrative functions.
The CFO is responsible for the organizations long-term financial sustainability the integrity of all financial reporting and execution of systems controls and processes that meet Federal State HRSA CMS and hospital-licensed health center (HLHC) requirements. This role oversees Accounting Financial Planning & Analysis (FP&A) Revenue Cycle Billing/Coding Payroll Payables Procurement and Grants Management functions. The CFO ensures accurate timely and transparent financial information to leadership and the Board while positioning NeighborHealth to thrive in an increasingly complex and value-based healthcare environment.
Essential Duties & Responsibilities
Strategic Financial Leadership
- Serve as the organizations chief financial strategist developing long-range financial models forecasts and strategies aligned with NeighborHealths mission and strategic plan.
- Advise the CEO Board of Directors and Executive Leadership Team on the financial implications of strategic initiatives new programs partnerships and market trends.
- Lead short- and long-term capital planning debt management investment strategies and liquidity management.
- Present financial performance risks and opportunities to the Finance Committee and Board of Directors.
Financial Operations & Compliance
- Oversee all financial accounting reporting and internal control functions to ensure accuracy transparency and compliance with GAAP OMB Uniform Guidance HRSA CMS 340B and federal/state regulatory requirements.
- Direct preparation of all regulatory filings including UDS FSR Medicaid cost reports PACE financial reporting IRS Form 990 and grant financial reports.
- Serve as primary liaison to external auditors financial institutions and regulatory agencies.
- Ensure appropriate organizational insurance coverage including property liability malpractice directors & officers workers compensation and stop-loss coverage.
Oversee Finance Revenue Cycle and Billing Operations
- Provide leadership to Accounting Financial Planning & Analysis (FP&A) Revenue Cycle Billing/Coding Payroll Payables Procurement and Grants Management teams.
- Ensure efficient compliant billing and collections processes across primary care behavioral health dental pharmacy PACE and specialty programs.
- Oversee optimization of E&M HCC and risk-based payment accuracy; drive strategies to maximize reimbursement and reduce avoidable denials.
- Maintain strong internal controls around cash purchasing procurement and treasury functions.
PACE & Pharmacy/340B Financial Oversight
- Ensure compliance with federal and state PACE financial requirements including budgeting encounter reporting capitation reconciliation risk adjustment and cost allocation.
- Serve as internal advisor on 340B/retail pharmacy strategy; oversee financial modeling contracting and compliance with HRSA state and payer requirements.
- Review and negotiate key financial contracts for PACE pharmacy vendors payer agreements value-based arrangements and managed care contracts.
Budgeting Forecasting & Analytics
- Lead development of the annual operating and capital budgets in collaboration with all departments; ensure budget accountability throughout the year.
- Create and maintain dashboards KPIs and data analytics to support decision-making across clinical operational and financial domains.
- Analyze financial performance trends risks and opportunities; implement cost management and revenue enhancement strategies.
Systems & Process Modernization
- Lead modernization of financial systems decision-support tools and revenue cycle infrastructure to increase efficiency accuracy and scalability.
- Ensure the Finance and Revenue Cycle teams have robust technology business intelligence tools and workflows to support a rapidly growing multi-site organization.
Leadership & Culture
- Recruit develop mentor and evaluate a high-performing Finance and Revenue Cycle team; foster a culture of accountability continuous improvement and service excellence.
- Promote collaborative partnerships across clinical operational IT and administrative teams.
- Uphold NeighborHealth values of respect compassion teamwork and innovation in all interactions.
Required Qualifications
Education
- Bachelors degree in Accounting Finance Business Administration or related field required.
- Masters degree (MBA MHA MPH) and/or CPA strongly preferred.
Experience
- Minimum of 710 years of progressive leadership experience in healthcare finance with at least 5 years as a senior leader (Controller VP Finance CFO).
- Direct experience in:
- Federally Qualified Health Centers (FQHCs) or community health systems
- PACE program financial management and regulatory compliance
- Pharmacy/340B program finance
- Hospital-based or HLHC billing and reimbursement preferred
- Demonstrated experience with multi-payer environmentsincluding capitation risk-based contracts ACO models commercial plans Medicare/Medicaid and value-based arrangements.
- Proven leadership in systems modernization process improvement and financial transformation.
Knowledge Skills & Abilities
- Deep knowledge of:
- FQHC and PACE regulations 340B program and Medicaid/Medicare reimbursement
- Third-party billing risk adjustment and alternative payment methodologies
- Grants management (federal state private) and uniform guidance
- Healthcare operations capital planning and cost accounting
- Strong analytical skills; ability to model scenarios analyze financial performance and communicate complex concepts clearly.
- Exceptional communication and presentation skills; comfortable engaging with Board members community partners auditors and regulators.
- Strong relationship-builder with the ability to work across functions and foster organizational trust.
- Strategic innovative and mission-driven with the willingness to roll up sleeves in a dynamic environment.
Other
- This is a five day per week role 8A to 5P and generally follows a hybrid schedule with three to four on site days per week subject to business needs.
Salary
- Starting at $240000 and up to $450000 per year based on experience.
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EEO & Accommodation Statement:
NeighborHealth is an equal employment/affirmativeaction employer. We ensure equal employment opportunities for all without regard to race color religion sex national origin age disability veteran status sexual orientation gender identity and/or expression or any other non-job-related characteristic. If you need accommodation for any part of the application process because of a medical condition or disability please send an e-mail toor call to let us know the nature of your request
Federal Trade Commission Statement:
According to the FTC there has been a rise in employment offer scams. Our current job openings are listed on our website. We do not ask or require downloads of any applications or apps. Job offers are not extended over text messages or social media platforms. We do not ask individuals to purchase equipment for or prior to employment.
E-Verify Program Participation Statement:
NeighborHealth participates in the Electronic Employment Verification Program E-Verify. As an E-Verify employer all prospective employees must complete a background check before beginning employment.