San Francisco Health Plan · 11 hours ago
Chief Financial Officer
San Francisco, CA
Full-time
Hybrid
Director/Executive
$345K/yr - $390K/yr
6+ years expSan Francisco Health Plan (SFHP) is an award-winning managed care health plan focused on providing affordable health care coverage to underserved residents. The Chief Financial Officer will ensure the financial viability of SFHP by managing financial affairs, leading teams, and providing strategic input on organizational goals and objectives.
Health Care
Responsibilities
Work with executive leadership to develop, plan, and execute short, medium, and long-range strategies; ensure the development and implementation of associated business plans, tactics, and policies as they relate to finance
Provides financial input and advice to Chief Executive Officer, executive leadership, and the SFHP Governing Board
Serve as principal Finance contact for contract negotiations and other large and highly complex service contracts in collaboration with other appropriate senior staff
Oversee the preparation of annual budget and business plan; present to the Governing Board, and ensure monthly compliance and appropriate documentation and explanation of variances from budget
Ensure adequate reserves (IBNR) for liabilities associated with medical claims
Oversee the development of provider capitation and fee for service rates for various service categories and payment models
Monitor performance of direct reports; coache and mentor staff and provides developmental opportunities; work with staff to minimize performance deficiencies; ensure that direct reports hire, engage, and retain high-performing staff
Establish and maintain productive relationship with key finance staff within the State Department of Healthcare Services with the goal of achieving a high level of credibility with the state's rate-setting leadership
Embrace the principle of establishing strong partnership arrangements consistent with the culture of SFHP. Seek win-win solutions
Develop and oversee implementation of financial policies and procedures; confers with SFHP department directors to ensure effective financial management throughout SFHP.Supports and promotes the concept of a full-service health plan in the city and county of San Francisco
Establishes effective SFHP internal systems and controls that verify the integrity of all financial systems, processes, data and reporting
Drive and monitors application and utilization of SFHP internal controls and risk management and problem resolution processes
Ensure all compliance and process driven training for finance, business analytics and facilities are conducted in a timely manner
Direct the preparation and dissemination of thorough, accurate and timely financial management reports, including income statements, balance sheets, and report to Board of Directors, tax returns, and reports to government regulatory agencies
Oversee monthly, quarterly, and annual closing processes to ensure deadlines are timely met and monthly financial statements and other monthly reports and year-end financial reports are accurately and timely prepared and distributed
Ensure account reconciliations and supporting documentation are maintained for all activities
Oversee preparation of financial statements and reports results to the SFHP Finance Committee and SFHP's Board.Ensures that GAAP, GASB, FASB as well as compliance with state and federal financial record keeping and reporting regulations are met such as Tangible Net Equity reserves
Maintain a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs
Oversee the selection, maintenance, and upgrades of financial and accounting systems
Oversee the cash management and treasury function including the establishment of bank accounts and business relationships required to administer financial functions of SFHP.Recommends and administers investment policies to maximize earnings on idle funds
Secure and maintain adequate insurance coverage for SFHP services and property
Oversee internal and external audit function to ensure the timely and accurate completion of annual fiscal audits and other financial information
Advise the CEO on service contracts and internal programs with emphasis on analyzing the business side to make sure there is a balance between the clinical and financial components of the organization
Oversee the analysis of proposed state capitation rates and the development of analysis and arguments to influence the state's rate-setting process
Oversee the analysis of budget to actual healthcare expense; monitor financial trends, and recommend corrective action when appropriate
Effectively communicate the Plan's financial performance to CEO, Finance Committee, and SFHP's Board
Qualification
Required
Six (6) or more years of demonstrated success with increasing responsibility in financial accounting in managed care or health care financial environments
Five (5) or more years of management experience with demonstrated success building and leading high performance finance, analytics, and facilities teams
Depth of experience in both strategic and tactical leadership
Bachelor's degree in Finance or related field is required
In depth knowledge of state and federal regulatory guidelines within a managed care environment such as Medi-Cal and Medicare
Strong oral and written communication skills
Effective problem-solver, decision maker, and ability to work on multiple projects and assignments simultaneously, often under strict time constraints and conflicting priorities
Ability to handle confidential and sensitive materials with discretion
Strong presentation skills, with the ability to tailor message to audience and present to large groups
Proven sound business judgment, excellent analytic and problem solving skills
Preferred
Master's degree
Certified Public Accountant
Master Business Administration
Benefits
Health Benefits
Medical: You'll have a choice of medical plans, including options from Kaiser and Blue Shield of California, heavily subsidized by SFHP.
Dental: You'll have a choice of a basic dental plan or an enhanced dental plan which includes orthodontic coverage.
Vision: Employee vision care coverage is available through Vision Service Plan (VSP).
Retirement – Employer-matched CalPERS Pension and 401(a) plans, 457 Plan.
Time off – 23 days of Paid Time Off (PTO) and 13 paid holidays.
Professional development: Opportunities for tuition reimbursement, professional license/membership.
Company
San Francisco Health Plan
San Francisco Health Plan is a community health plan that provides affordable & high-quality health care coverage for San Franciscans.
201-500 employees
H1B Sponsorship
San Francisco Health Plan has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (6)
2023 (3)
2022 (3)
2021 (11)
2020 (6)
Funding
Current Stage
Growth StageLeadership Team
John F. Grgurina Jr.
CEO
Company data provided by crunchbase