Role OverviewThe Chief Financial Officer (CFO) is responsible for the financial operations of the organization, including managing day-to-day billing, collection, accounts receivable and payables, strategic financial planning, maintaining and establishing profitable banking relationships, overseeing budgeting, forecasting, compliance, tax planning and reporting. The CFO will work closely with the Executive Team to support business objectives and lead financial initiatives to drive long-term growth and sustainability.
What You Will Do
Manage financial statements, lead monthly, quarterly, and annual financial reporting, develop and oversee long-term financial plans, conduct financial modeling, oversee billing, collections, and insurance processes, ensure compliance with regulatory requirements, and lead the risk management strategy.
Why It Might Be a Fit
The ideal candidate will have a Master's degree in Finance, Accounting, Business Administration, or a related field, and at least 10 years of senior financial management experience, with a preference for experience in healthcare or behavioral health. The candidate should have proficiency in financial software, EMR systems, and regulatory compliance tools, and a comprehensive understanding of healthcare finance regulations, including JHACO and HIPAA.
Requirements
- Master's degree in Finance, Accounting, Business Administration, or a related field
- CPA or CMA preferred
- Minimum 10 years of senior financial management experience
- Experience in healthcare or behavioral health preferred
- Proficiency in financial software, EMR systems, and regulatory compliance tools
- Comprehensive understanding of healthcare finance regulations, including JHACO and HIPAA
Benefits
- Financial compliance with 100% adherence to healthcare financial regulations
- Budget accuracy with variances within 5%
- Revenue cycle efficiency with > 98% of expected reimbursements
- Operational cash flow with positive cash flow to support day-to-day operations and expansion
- Stakeholder satisfaction with an executive team satisfaction rating of 4.5 or higher for financial leadership and support
- Banking relationships with lines of credit in place to support current and future cash needs
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