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Chief Financial Officer (CFO) for Copper Springs East, a behavioral health hospital in Gilbert, AZ, providing inpatient and outpatient programs for mental health and addiction. Part of Lifepoint Health. Embraces a mission dedicated to making communities healthier.
Job Responsibility:
Supervise and oversee the activities of the business office staff (billing, collections, financial counseling, utilization review and data processing)
Maintain effective revenue cycle processes to keep patient accounts receivable at an acceptable level and increase the hospital's cash flow (including management of denials)
Ensure that company policies and procedures are effective and implemented to assure minimal risk to the facility
Responsible for compliance along with generally accepted accounting principles as well as any other local, state and federal guidelines required
Ensure accurate capturing and posting of all financial and daily accounting activity
Ensure that monthly financial statements and regular productivity reports are completed and distributed on a timely basis
Contribute to and monitor performance goals and objectives (EBITDAR target)
Analyze variances and with CEO, develops action plans to achieve assigned targets
Maintain patient accounts receivable at amounts appropriate for market, payer, and acuity mix (measured by AR days)
Ensure all balance sheet accounts are reconciled on a monthly basis and systems of internal controls are in place to facilitate a clean audit opinion
Typically supervise the areas of Accounting, Patient Financial Services, Purchasing, Payroll and other departments as required at the individual hospital
Ensure that month end financial closing process is completed accurately and timely
Prepare financial statements and monthly operating review reports to co-present with the hospital CEO to corporate management
Responsible for preparation of annual operating and capital budgets for the hospital
Assist the corporate finance and accounting team in the annual independent audit preparation and process
Responsible for daily, weekly and monthly reporting of operating statistics and financial metrics as scheduled and or requested
Requirements:
Bachelor's degree in finance or accounting or related field required
CPA preferred
Previous experience in healthcare overall financial operations/controls required
Experience in payroll also required
Knowledge of inpatient psychiatric and chemical dependency hospital finance preferred
Proficient in use of Microsoft Office applications and has used computer workstation in previous roles in hospital
Strong leadership, communication, and problem-solving skills are essential
Proficiency in healthcare management software and Microsoft Office is also required
Nice to have:
CPA
Knowledge of inpatient psychiatric and chemical dependency hospital finance
What we offer:
Multiple levels of medical, dental and vision coverage for full-time and part-time employees
Life, accident, critical illness, hospital indemnity insurance, short- and long-term disability, paid family leave and paid time off
Higher education and certification tuition assistance, loan assistance and 401(k) retirement package and company match
Mental, physical, and financial wellness programs (free gym memberships, virtual care appointments, mental health services and discount programs)
Ongoing learning and career advancement opportunities