Robert Half - Holyoke, MA
posted about 2 months ago
We are seeking a Chief Financial Officer (CFO) to join our team in Holyoke, Massachusetts. The CFO will be responsible for overseeing all financial operations of the organization, ensuring compliance with accounting principles and local, state, and federal regulations. This role is critical in contributing to the achievement of performance goals and maintaining the financial health of the organization. The CFO will manage the business office staff, which includes billing, collections, financial counseling, utilization review, and data processing. In this position, the CFO will implement and maintain effective revenue cycle processes to optimize cash flow and ensure that company policies and procedures are adhered to in order to minimize risk to the facility. The CFO will oversee the accurate capturing and posting of all financial and daily accounting activities, ensuring timely completion and distribution of monthly financial statements and regular productivity reports. Additionally, the CFO will maintain patient accounts receivable at appropriate levels, taking into account market conditions, payer mix, and acuity levels. The CFO will also contribute to and monitor performance goals and objectives, analyze variances, and develop action plans to achieve targets. It is essential that all balance sheet accounts are reconciled monthly and that internal controls are in place to facilitate clean audit opinions. The CFO will oversee various departments, including Accounting, Patient Financial Services, Purchasing, and Payroll, ensuring the accurate and timely completion of the financial closing process each month. Furthermore, the CFO will be responsible for preparing and distributing financial statements and monthly operating review reports, as well as assisting the corporate finance and accounting team in the annual independent audit preparation and process. Regular reporting on operating statistics and financial metrics will also be a key responsibility of this role.