Charter Oak Behavioral Health Hospital · 1 month ago
Chief Financial Officer (CFO) - Vista del Mar
Charter Oak Behavioral Health Hospital is seeking an experienced Chief Financial Officer (CFO) to join their team. The CFO will drive change by building relationships with care professionals and optimizing operational efficiency across multiple departments to ensure patient satisfaction.
Addiction TreatmentHealth CareHealth DiagnosticsHospitalMental Health
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 corporate required reports (including the Monthly Operating Report, Forecasts) timely and accurately
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 the 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 patients, working with the Financial Counselor to ensure proper determination of patient portions and approval of any discounts or charity and proper logging of upfront collections
Supervises Accounting, Patient Accounting, Health Information Management and any other departments assigned by the CEO
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 managers. Trains managers on financial matters and provides routine feedback regarding department performance
Maintains current knowledge of healthcare industry trends and changes and ensures the facility is prepared and in compliance
Qualification
Required
Bachelor's degree in Accounting or business related field with a major in Accounting
Minimum 4 years successful CFO/Controller or related experience in a healthcare setting required
Experience working with information technology and proficiency with software packages including Excel and Word
Demonstrated leadership ability
Preferred
Previous Behavioral healthcare experience highly preferred
CPA or Master's degree a plus
Benefits
401(k)
Dental insurance
Employee assistance program
Employee discount
Flexible spending account
Health insurance
Health savings account
Life insurance
Paid time off
Vision insurance