Chief Financial Officer (CFO)

LifePoint Health • Gilbert, AZ

4d

About The Position

Chief Financial Officer Copper Springs Behavioral Health - Gilbert, AZ Your experience matters Copper Springs East is part of Lifepoint Health , a diversified healthcare delivery network with facilities coast to coast. We are driven by a profound commitment to prioritize your well-being so you can provide exceptional service to others. As a Chief Financial Officer (CFO) joining our team, you're embracing a vital mission dedicated to making communities healthier ® . Join us on this meaningful journey where your skills, compassion and dedication will make a remarkable difference in the lives of those we serve. More about our team Copper Springs East is in Gilbert, AZ - Greater Phoenix metro area, is a behavioral health hospital providing inpatient and outpatient programs for mental health and addiction. We treat adults and seniors. Our treatment programs include inpatient mental health and addiction treatment, outpatient Partial Hospitalization Programs (PHP), Intensive Outpatient Programs (IOP), and ECT therapy. We provide evidence-based, transformational care for a broad range of mental health and addiction concerns in a compassionate, comfortable environment.

Requirements

• Education: Bachelor's degree in finance or accounting or related field required.
• Experience: Previous experience in healthcare overall financial operations/controls required.
• Experience in payroll also required.
• 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 Haves

• CPA preferred.
• Knowledge of inpatient psychiatric and chemical dependency hospital finance preferred.

Responsibilities

• Supervise and oversee the activities of the business office staff (billing, collections, financial counseling, utilization review and data processing) and maintains effective revenue cycle processes to keep patient accounts receivable at an acceptable level and also increasing the hospital's cash flow (including management of denials).
• Ensures 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.
• Will ensure accurate capturing and posting of all financial and daily accounting activity and ensures 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).
• Analyzes 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).
• Ensures 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 supervises the areas of Accounting, Patient Financial Services, Purchasing, Payroll and other departments as required at the individual hospital.
• Ensures that month end financial closing process is completed accurately and timely; prepares 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.
• Assists 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.
• All other duties assigned

Benefits

• Comprehensive Benefits : Multiple levels of medical, dental and vision coverage for full-time and part-time employees.
• Financial Protection & PTO : Life, accident, critical illness, hospital indemnity insurance, short- and long-term disability, paid family leave and paid time off.
• Financial & Career Growth : Higher education and certification tuition assistance, loan assistance and 401(k) retirement package and company match.
• Employee Well-being : Mental, physical, and financial wellness programs (free gym memberships, virtual care appointments, mental health services and discount programs).
• Professional Development : Ongoing learning and career advancement opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 5,001-10,000 employees