Facility Chief Financial Officer

Neuropsychiatric Hospitals

$120K — $180K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Healthcare Administration, Business Administration, Public Health, or Clinical Discipline required; Master's preferred.
  • Certified Public Accountant (CPA) preferred.
  • 5+ years of progressive financial leadership experience in a healthcare setting.
  • Experience leading hospital or facility-based financial operations; prior CFO experience is a plus.
  • Completion of CFO-in-Training Program may substitute for direct CFO experience.
  • Behavioral healthcare experience highly preferred.
  • Must reside within the market served.

Responsibilities

  • Ensure timely and accurate financial statements and reports.
  • Reconcile balance sheet accounts monthly and manage compliance with company policies.
  • Confirm accounting policies and internal controls for successful audits.
  • Prepare annual operating budget and analyze variances to meet financial goals.
  • Understand federal, state, and managed care reimbursement methodologies.
  • Monitor revenue cycle metrics to optimize cash collections and reduce bad debt.
  • Oversee Front End Revenue Cycle processes for patient insurance verification and collections.

Benefits

  • Competitive compensation structure.
  • Medical, dental, and vision insurance coverage.
  • NPH 401(k) plan with up to 4% company match.
  • Employee Assistance Programs available.
  • Generous PTO and time off policy.
  • Special tuition offers for education through Capella University.
  • Work/life balance with professional growth opportunities.
  • Employee discounts through LifeMart.
  • Opportunity to advance your leadership career in a growing organization.
Full Job Description
Overview

NPH is adding a Chief Financial Officer (CFO) to serve our patients and leadership team in NeuroPsychiatric Hospital of Indianapolis. The CFO will have oversite and accountability for overall financial operations and day-to-day fiscal management of the hospital. This is a new position due to the growth of our organization!

 

Benefits of joining NPH

  • Competitive compensation structure
  • Medical, Dental, and Vision Insurance
  • NPH 401(k) plan with up to 4% Company match
  • Employee Assistance Program (EAP) Programs
  • Generous PTO and Time Off Policy
  • Special tuition offers through Capella University
  • Work/life balance with great professional growth opportunities
  • Employee Discounts through LifeMart
  • The chance to grow your leadership career with a dynamic organization
Responsibilities
  • Ensure completion of timely and accurate monthly financial statements, including monthly operating reports, certifications, disclosures, and forecasts
  • Balance sheet accounts are reconciled on a monthly basis and in compliance with company policies with variances identified and corrected
  • Confirm accounting and business office policies and internal controls are in place for audit with no material adjustments or deficiencies found
  • Prepares annual operating budget and participates in the annual strategic planning process, including ongoing analysis of variances from budget and implementing changes needed to achieve budget goals.
  • Has thorough working knowledge of federal, state and managed care reimbursement methodologies to confirm accuracy of payment to facilities and recorded revenue deductions.
  • Routinely review revenue cycle metrics to identify and address issues affecting overall performance to include: timely collection of accounts receivable, limiting uncompensated care and achieving goals for cash collections and AR days to reduce bad debt and denials.
  • Actively involved in Front End Revenue Cycle processes to include: completed insurance verification on 100% of patients, working with the financial counselors to ensure proper determination of patient portions and, approval of any discounts or charity for logging of upfront collections.
  • Monitors purchases to ensure supply costs are kept to budgeted levels.
Qualifications
  • Bachelor's degree in Healthcare Administration, Business Administration, Public Health or Clinical Discipline required. Master's degree preferred.
  • Certified Public Accountant (CPA) preferred.
  • Minimum of 5 years of progressive financial leadership experience in a healthcare setting required, including experience leading hospital or facility-based financial operations (e.g., Director of Finance, Controller, or similar roles).
  • Prior experience sering as a Chief Financial Officer or in a senior finance leadership role preferred.
  • Completion of the NPH CFO-in-Training Program may be considered in lieu of direct CFO experience.
  • Behavioral healthcare experience highly preferred. 
  • Must live within market being served.
  • Excellent financial analysis skills.
  • Advanced proficiency with software packages including Excel and Word.

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