Chief Financial Officer

Blue Balloon Aba - Kearny, NJ

Full-time - Executive

Remote - Kearny, NJ

About the position

We are seeking a Chief Financial Officer for Blue Balloon ABA. In this role, you will have responsibility to set a financial strategy, budgeting, and processes for a leading ABA therapy company. You will build and lead functions including Controlling/Accounting, FP&A, Billing, Data Analytics, and M&A. You'll also be closely involved in Strategy, M&A, and Quality Assurance. Your function will support a business that will grow to over 200 BCBAs and approximately 2,000 Behavioral Therapists over the next 2 years. You will hire, supervise, coach, and mentor a team of dedicated finance professionals. You will also have an external-facing leadership role, presenting to our Board, relevant strategic partners, and externally at industry events. The ideal candidate combines deep Finance leadership experience, Accounting/Reporting/Tax know-how, and excellent communication and stakeholder management skills. Key Responsibilities include leading the financial strategy alongside the CEO, which encompasses payer strategy, analytics to support rates negotiation, and actual negotiation while maintaining ongoing strategic relationships with payers. You will lead opportunistic M&A strategy and valuation of any assets, set overall financial strategy regarding financing, banking support, and lines of credit. You will manage accounts payable decisions and execution, oversee the annual budgeting cycle, and provide strategic input to the CEO and functional leaders to shape budgeting and investments. Monitoring financial performance and ensuring adherence to the budget will be crucial, as will leading the monthly close and driving a timely, precise financial reporting process. In addition, you will manage the revenue cycle, including insurance registration, patient authorization, and employee credentialing to enable billing and collection. You will set and maintain billing strategy for timely and accurate billing, manage denials and resubmissions, and be responsible for A/R reporting and efficient collections. Overseeing the end-to-end payroll process and ensuring accurate payouts will also be part of your responsibilities. You will coordinate and manage internal and external financial audits, ensuring compliance with standard accounting practices and applicable laws and regulations, while identifying and managing financial risks.

Responsibilities

• Set financial strategy and budgeting processes for the company.
• Build and lead functions including Controlling/Accounting, FP&A, Billing, Data Analytics, and M&A.
• Lead payer strategy and maintain strategic relationships with payers.
• Manage accounts payable decisions and execution.
• Oversee the annual budgeting cycle and ongoing review and reforecast.
• Provide strategic input to CEO and functional leaders for budgeting and investments.
• Monitor financial performance and ensure adherence to the budget.
• Lead the monthly close and drive a timely financial reporting process.
• Manage insurance registration, patient authorization, and employee credentialing for billing.
• Set and maintain billing strategy for timely and accurate billing.
• Oversee end-to-end payroll process and ensure accurate payouts.
• Coordinate and manage internal and external financial audits.

Requirements

• Bachelor's degree in Accounting or Finance; MBA, MACC, or other advanced degree strongly preferred.
• Certified Public Accountant (CPA) or Certified Management Accountant (CMA) preferred.
• Minimum of 10 years of experience in a senior financial managerial position.
• Deep knowledge of healthcare financial management and accounting principles.
• Detail oriented with strong organizational and time management skills.
• Exceptional verbal, written, and interpersonal communication skills.
• Ability to multitask and handle high volume.
• Proficient in Microsoft Office, Smartsheets, and Quickbooks.
• Ability to work in a fast-paced environment with changing circumstances.

Nice-to-haves

• Experience in the ABA therapy sector or similar healthcare services.
• Familiarity with regulatory compliance in healthcare finance.

Benefits

• Competitive salary with bonuses.
• Comprehensive benefits tailored to recognize expertise and contributions.
• Leadership platform to build a distinctive team.
• Opportunity to make a difference in the lives of children with Autism Spectrum Disorder and their families.