Fractional Chief Financial Officer (CFO)

Unclassified - Dallas, TX

Part-time - Senior

Dallas, TX

About the position

The Fractional Chief Financial Officer (CFO) at Plutus Health Inc. will provide strategic financial leadership and oversee the financial operations of the company. This part-time role is crucial for developing financial strategies, managing financial departments, and ensuring the overall financial health of the organization, particularly within the healthcare and Revenue Cycle Management (RCM) sectors.

Responsibilities

• Develop and implement financial strategies that align with the company's long-term goals.
• Provide financial insights and recommendations to the CEO and executive team to support decision-making.
• Lead the financial planning, budgeting, and forecasting processes.
• Oversee all financial departments, including Accounting, Reimbursement, and Utilization Review.
• Ensure accurate and timely preparation of financial reports that reflect the company's financial position.
• Manage resource allocation and prepare the annual budget.
• Ensure compliance with all regulatory requirements and timely submission of financial data and associated reports.
• Direct the preparation and submission of payroll tax reports, public disclosure reports, and third-party payer cost reports.
• Analyze financial performance metrics to identify trends and opportunities for cost reduction and revenue enhancement.
• Monitor financial and economic indicators to inform strategic planning and investment decisions.
• Report undesirable trends and potential business opportunities, providing actionable recommendations.
• Assist the CEO in developing long-term and short-term operational plans, including service demand analyses, resource availability analyses, and productivity assessments.
• Develop and manage operational and capital budgets in line with the company's strategic objectives.
• Communicate financial performance and operational updates to senior administration and relevant stakeholders.
• Lead, mentor, and develop the finance team to enhance their skills and capabilities.
• Review contracts, purchase agreements, and other financial arrangements to ensure they align with the company's business goals and profitability expectations.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 10 years of progressive financial leadership experience, including roles such as Financial Controller, Assistant CFO, or VP of Finance.
• CPA or other relevant professional certifications preferred.
• Strong analytical, strategic thinking, and leadership skills.
• Excellent communication and interpersonal abilities.
• Proven experience in the healthcare or RCM industry is highly desirable.
• Proficiency in financial software is required.

Nice-to-haves

• Experience in team development.

Benefits

• Competitive compensation and benefits package.
• Opportunity to work with a dynamic and innovative team.