Facility Chief Financial Officer- Behavioral Health

Summit Healthcare Mgmt, LLC - Bettendorf, IA

Full-time - Senior

Bettendorf, IA

About the position

The Facility Chief Financial Officer (CFO) plays a crucial role in the senior leadership team, responsible for overseeing the financial operations of the facility. This position involves participating in decision-making processes to achieve operational and financial goals, ensuring compliance with financial policies, and leading various departments to maintain fiscal health and efficiency.

Responsibilities

• Ensure timely and accurate completion of monthly financial statements.
• Reconcile all balance sheet accounts monthly in compliance with company policies.
• Prepare corporate required reports including Monthly Operating Report and Forecasts accurately and on time.
• Implement accounting and business office policies to facilitate clean audits with no material deficiencies.
• Direct Revenue Cycle operations to optimize accounts receivable collection and minimize uncompensated care.
• Maintain knowledge of reimbursement methodologies to ensure accurate payments and revenue deductions.
• Supervise departments including Accounting and Patient Accounting as assigned by the CEO.
• Lead and manage a team through hiring, training, and performance assessments.
• Ensure compliance with Group Purchasing contracts and monitor supply costs.
• Prepare annual operating and capital budgets, providing variance analysis and strategic planning support.
• Provide financial leadership and training to facility managers on financial matters.
• Participate in managed care contracting and business development activities.

Requirements

• Bachelor's degree in accounting or business-related field; Master's degree preferred.
• Minimum of five years financial management experience in a healthcare setting required.
• Previous Behavioral healthcare experience highly preferred.
• Experience with proprietary healthcare systems preferred.
• Strong financial analysis and technical accounting skills required.
• Proficiency in software packages including Excel and Word.

Nice-to-haves

• CPA certification preferred.
• Experience in a supervisory/management role in a healthcare setting.

Benefits

• Comprehensive benefit plan
• Competitive salary based on experience and qualifications