Chief Financial Officer (CFO)

Bakersfield Behavioral Healthcare Hospital•Bakersfield, CA

8h•$150,000 - $170,000

About The Position

As our CFO, you will have the opportunity to truly drive change by building working relationships with care professionals and physicians to guarantee patient satisfaction. You are seen as a strategic partner to the CEO and work as a team to optimize operational efficiency across multiple departments.

Requirements

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.

Nice To Haves

Previous Behavioral healthcare experience highly preferred.
CPA or Master’s degree a plus

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.