CFO - Chief Financial Officer

  • Full-time

Company Description

This position is posted for a client of VMG.  Please do not contact VMG about this role.  No agencies please.  

Job Description

Summary:
We are looking to hire a Chief Financial Officer (CFO)    CFO is an integral part of the senior leadership team and expected to participate in the financial and functional decision-making processes necessary for the successful attainment of the organizations operational and financial goals.

The CFO has responsibility and is accountable for overall financial operations and all aspects of the day-to-day fiscal management of the facility.
Responsibilities:
        •       Ensures that monthly financial statements are completed timely and accurately.
        •       Ensures that all balance sheet accounts are reconciled on a monthly basis and in compliance with company policies and standards and that any outstanding variances are identified and corrected timely.
        •       Prepares reports (including Monthly Operating Report, Monthly Certifications, Corporate Disclosures, Forecasts) timely and accurately.
        •       Ensures all accounting and business office policies and required internal controls are in place to facilitate a clean audit with no material audit adjustments or deficiencies found.
        •       Ensures that all approval processes are in place.
        •       Directs the operations of the Revenue Cycle to ensure that accounts receivable is collected timely and uncompensated care is kept to a minimum.
        •       Strives to achieve goals for cash collections and AR days and to reduce bad debt and denials. Routinely reviews revenue cycle metrics to proactively identify and address issues affecting overall performance.
        •       Is actively involved in ensuring Front End Revenue Cycle processes are in place including ensuring the insurance verification is completed on 100% of clients, working with admissions to ensure proper determination of client portions and approval of any discounts or charity and proper logging of upfront collections.
        •       Maintains a thorough working knowledge of federal, state and managed care reimbursement methodologies to ensure that the organization is paid accurately, and revenue deductions are recorded accurately.
        •       Facilitates preparation of any required cost reports.
        •       Ensures compliance with purchasing contracts and monitors purchases to ensure supply costs are kept to budgeted levels.
        •       Prepares annual capital budgets and Capital Equipment Requests. Ensures assets and related depreciation is recorded accurately and in compliance with company policies.
        •       Provides financial leadership and guidance to facility/operations personnel.

Qualifications:
        •       Minimum 3 years successful CFO experience in a healthcare setting desired.
        •       Previous Behavioral healthcare experience highly preferred.
        •       CPA or Master's degree a plus.
        •       Proven financial analysis skills.
        •       Experience working with information technology and proficiency with software packages including Excel and Word.
        •       Demonstrated leadership ability.
        •       Demonstrates excellent communication skills, both written and verbal.
        •       Ability to think strategically and solve problems.
        •       Ability to establish and maintain effective working relationships with staff, physicians and outside vendors.

        •       Ability to lead with a high degree of emotional intelligence and ethics.
Benefits:
        •       401(k)
        •       401(k) matching
        •       Dental insurance
        •       Disability insurance
        •       Health insurance
        •       Paid time off
        •       Professional development assistance
        •       Vision insurance

Additional Information

All your information will be kept confidential according to EEO guidelines.