Bachelor's degree in Accounting, Finance, or related field
Minimum 5 years of progressive financial management experience, including 2 years in healthcare or behavioral health
Strong knowledge of healthcare reimbursement (Medicare/Medicaid) and revenue cycle management
Proficiency in financial/accounting software and advanced Excel skills
Strong analytical, organizational, and communication skills
Preferred: CPA, CMA, or MBA
Preferred: Experience in acute inpatient psychiatric or behavioral health finance
Responsibilities
Ensure timely and accurate completion of monthly financial statements
Reconcile all balance sheet accounts monthly, identifying and correcting variances
Prepare corporate-required reports, including Monthly Operating Report and Forecasts
Direct Revenue Cycle operations to optimize cash collections and minimize uncompensated care
Oversee Front End Revenue Cycle processes, ensuring insurance verification for all patients
Supervise Accounting, Patient Accounting, Health Information Management, and other assigned departments
Prepare annual capital budgets and ensure accurate recording of assets and depreciation
Provide financial leadership and training to facility managers on financial matters
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
Full Job Description
We are looking for an experienced Chief Financial Officer (CFO) to join our team.
Your Impact
The Facility CFO is responsible for the financial health, integrity, and strategic direction of the facility. This role leads all financial operations - including budgeting, financial reporting, revenue cycle management, cost control, and regulatory compliance - while partnering with the facility Administrator and department heads to drive sound financial decision-making that supports high-quality patient care and organizational sustainability.
Requirements
Education & Experience
Required
Bachelor's degree in Accounting, Finance, or related field
Minimum 5 years of progressive financial management experience, including at least 2 years in a healthcare or behavioral health setting
Strong knowledge of healthcare reimbursement (Medicare/Medicaid), revenue cycle management, and cost reporting
Proficiency in financial/accounting software and advanced Excel skills
Strong analytical, organizational, and communication skills
Preferred
CPA, CMA, or MBA
Experience in acute inpatient psychiatric or behavioral health finance
Experience with EHR/billing systems
Core Competencies
Financial analysis and strategic planning
Regulatory and compliance knowledge (healthcare-specific)
Leadership and cross-departmental collaboration
Attention to detail and integrity in financial reporting
Problem-solving under regulatory and operational constraints
Physical/Work Requirements
Primarily office-based within the facility; may require occasional travel to corporate or regional meetings
Ability to work extended hours during month-end/year-end close, budget season, and survey periods
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.
Benefits
Pay range: $150,000 - $195,000 per year with bonus potential
