Chief Financial Officer (CFO) - Santa Rosa
About The Position
The Facility Chief Financial Officer is responsible for the facility’s financial health, integrity, and strategic direction. The role leads financial operations, including budgeting, financial reporting, revenue cycle management, cost control, and regulatory compliance, and partners with the facility Administrator and department heads to support sound financial decisions, high-quality patient care, and organizational sustainability. The position is primarily office-based within Santa Rosa Behavioral Healthcare Hospital, a 144-bed acute psychiatric facility serving teens and adults in Santa Rosa and Northern California. Occasional travel to corporate or regional meetings may be required. Extended hours may be needed during month-end and year-end close, budget season, and survey periods.
Requirements
- Bachelor’s degree in Accounting, Finance, or a related field.
- At least 5 years of progressive financial management experience, including at least 2 years in a healthcare or behavioral health setting.
- Strong knowledge of healthcare reimbursement, including Medicare and Medicaid, revenue cycle management, and cost reporting.
- Proficiency in financial/accounting software and advanced Excel skills.
- Strong analytical, organizational, and communication skills.
- Knowledge of healthcare-specific regulatory and compliance requirements.
- Leadership and cross-departmental collaboration skills.
- Attention to detail and integrity in financial reporting.
- Ability to solve problems under regulatory and operational constraints.
Nice To Haves
- CPA, CMA, or MBA.
- Experience in acute inpatient psychiatric or behavioral health finance.
- Experience with EHR/billing systems.
Responsibilities
- Ensure monthly financial statements are completed accurately and on time.
- Ensure balance sheet accounts are reconciled monthly in compliance with company policies and standards, and identify and correct outstanding variances promptly.
- Prepare required corporate reports, including the Monthly Operating Report and forecasts, accurately and on time.
- Direct Revenue Cycle operations to support timely accounts receivable collection and minimize uncompensated care.
- Work toward cash collection and AR-days goals and reduce bad debt and denials.
- Review revenue cycle metrics routinely to identify and address performance issues proactively.
- Ensure front-end revenue cycle processes are in place, including insurance verification for all patients, appropriate patient-portion determinations, approval and logging of discounts or charity, and recording upfront collections.
- Supervise Accounting, Patient Accounting, Health Information Management, and other departments assigned by the CEO.
- Prepare annual capital budgets and Capital Equipment Requests.
- Ensure assets and related depreciation are recorded accurately and in accordance with company policies.
- Provide financial leadership and guidance to facility managers.
- Train managers on financial matters and provide routine feedback about department performance.
- Maintain current knowledge of healthcare industry trends and changes and ensure the facility is prepared and compliant.
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
- Bonus potential
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What This Job Offers
Job Type
Full-time
Career Level
Executive
