Chief Financial Officer - IPA Segment in Orange at Prospect Medical Systems

Date Posted: 2/11/2021

Job Snapshot

Job Description

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Current employees can apply directly through the Internal Careers Center online for Prospect Medical job openings in California. For a streamlined application process, all you need is your four-digit employee ID number and a digital copy of your résumé handy before you apply.

Chief Financial Officer - IPA Segment 

We are hospitals and affiliated medical groups, working closely together for the benefit of every person who comes to us for care. We build comprehensive networks of quality healthcare services that are designed to offer our patients highly coordinated, personalized care and help them live healthier lives. Through collaboration, we strive to provide all of our patients and medical group members with the quality, affordable healthcare they need and deserve.

Under the administrative direction of the IPA Segment Chief Executive Officer and Corporate CFO, the IPA Segment CFO is responsible for the oversight of financial operations for all owned and managed Independent Physician Associations, physician group entities and clinics.  This role is an interactive role with responsibility over finance, purchasing and operations.  The candidate will have experience in Global HMO risk management (professional and institutional risk), maximizing HMO revenue, HCC and quality scores while managing medical costs and operating expenses.

Job Responsibilities/Duties

  • Oversee general accounting, budgeting and forecasting, decision support and purchasing functions
  • Oversee performance programs to maximize revenue through HCC, RAF and Quality scores.
  • Accurate timely financial reporting & the safeguarding of assets.
  • Participates as a member of executive management in the planning & execution of strategic & tactical initiatives.
  • Review and approves all HMO, Provider and vendor contracts
  • Maintains the records of the company in accordance with Generally Accepted Accounting Principles and prepares pro-forma financial reports for the Chief Executive Officer, Corporate CFO, Governing Board and other members of management.
  • Communicates the financial performance of the organization to the management team
  • Ensure that all regulatory filings (Health Plan, State Regulators) are completed and filed timely
  • Communicates with health plan and outside resources regarding changes that will have a financial impact
  • Communicates contribution of the segment to the overall organization.


Minimum Education: Bachelor's Degree required. Master's Degree preferred.

Minimum Experience: ​Eight or more ( 8+) years of Healthcare Experience. ​ Ten or more (10+) years of experience with a medium to large health system.

Req. Certification/Licensure: Certified Public Accountant preferred.

Employee Value Proposition

Prospect Medical Holdings, Inc., is guided by a diverse and highly experienced leadership core. This group maintains the vision that has made Prospect a needed difference-maker in the lives of so many patients today, and many executives contribute to our continued efforts. As a member of our highly effective team of professionals you will receive:

  • Company 401K
  • Medical, dental, vision insurance
  • Paid time-off
  • Life insurance

Prospect Medical Systems has a zero-tolerance policy regarding the use of drugs and alcohol.  Our Company is committed to maintaining a productive, drug free workplace that keeps employees and patients safe from harm.  For this reason, we require applicants to pass a screening for drug use as a condition of employment.  This includes: alcohol, marijuana, cocaine, opiates and methamphetamines.

How to Apply

To apply for this role, or search our other openings, please visit and click on a location to begin your journey to a new career with us!

We are an Equal Opportunity/ Affirmative Action Employer and do not discriminate against applicants due to veteran status, disability, race, gender, gender identity, sexual orientation or other protected characteristics. If you need special accommodation for the application process, please contact Human Resources.

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