Market Finance Officer

Centerstone • Bradenton, FL

1d • $159,500 - $239,200

About The Position

The Regional Finance Officer is the senior finance officer for a Centerstone strategic business unit (SBU) or region. The role reports to the Centerstone America Vice President of Finance, serves as a senior member of the regional SBU leadership team, and presents reports to the SBU finance committee of the board of directors. The officer is accountable for administrative and financial management of the SBU/region, including developing financial and operational strategies with the CEO and senior operations leadership, establishing related performance measures, and maintaining controls to safeguard company assets and report financial results.

The position oversees local accounting/finance and revenue cycle teams and works closely with Centerstone America finance staff and finance colleagues at other operating companies. It supports strategic planning, budgeting, financial reporting, operational performance, billing and collections, risk management, funding oversight, regulatory compliance, and development of finance and operations staff.

Requirements

• Bachelor’s degree in accounting, business administration, or another relevant field is required.
• Ten years of progressively responsible experience at a major company or division of a large corporation in the healthcare industry is required.
• Certified Public Accountant certification is required.
• Strong verbal and written communication skills, including the ability to engage, lead, and partner with a broad range of stakeholders.
• Ability to address complex problems involving multiple facets and variables in non-standardized situations.
• Ability to organize accounting, revenue cycle, and facilities teams to achieve effective, cost-conscious performance and periodically reassess team structures to meet organizational needs.
• Excellent analytical skills.
• Commitment to transparency and integrity.

Nice To Haves

• MBA in Finance.
• Certified Management Accountant certification.
• Experience partnering with an executive team.

Responsibilities

• Help formulate the company’s future direction and support tactical initiatives in collaboration with the CEO, COO, CAO, vice presidents, and directors.
• Assist with developing and implementing strategic business plans; manage capital requests and budgeting; and develop performance measures aligned with the company’s strategic direction.
• Maintain awareness of healthcare and behavioral healthcare industry developments through publications, market reports, conferences, and seminars.
• Participate in executive management decisions and maintain working relationships across the management team to support continuity of services, financial planning, risk management, and policy compliance.
• Monitor performance against approved budgets and work with the CEO, COO, and CAO on performance improvement plans when needed.
• Analyze operations to identify opportunities and programs that may need reorganization, downsizing, or elimination.
• Manage the accounting department, including contract, grant, and other receivables; coordinate with the enterprise Vice President for Revenue Cycle on fee-for-service accounts receivable; monitor results and address issues.
• Provide fiscal analysis of program operations and assist executive leadership with financial analysis of new business opportunities and program enhancements.
• Coordinate with human resources, information technology, analytics, legal, and treasury departments; oversee financial operations of the SBU/region and subsidiaries; and manage outsourced finance providers.
• Implement operational best practices and assist with or supervise affiliation and merger due diligence and negotiations.
• Maintain working relationships with funding agencies and discuss budgets and financial operations with their representatives as needed.
• Maintain internal accounting controls and monitor compliance; represent and advocate for the company with regulators, trade organizations, healthcare industry representatives, nonprofit organizations, and financial institutions.
• Develop operations leaders’ financial skills through training, coaching, and other methods.
• Develop, test, implement, and maintain policies and procedures for accurate accounting records and reports used to assess program financial performance.
• Maintain an effective budgeting process with senior operations leadership and report and evaluate actual operating performance against goals.
• Review and approve filings with the Internal Revenue Service and state and federal governments.
• Report financial results to regional senior leadership and the enterprise Chief Financial Officer; assist the CEO and COO with monthly financial attestations and business reviews with the enterprise COO and CFO.
• Ensure accurate, timely preparation and distribution of financial reports, including profit and loss statements, budget reports, depreciation schedules, and quarterly treasury reports, in accordance with generally accepted accounting principles.
• Ensure required fiscal reports are filed with funding and other agencies on time.
• Supervise the fee-for-service billing team; ensure bills are submitted promptly with a high clean-claims rate, denials are worked promptly, and accounts receivable aging and days sales outstanding are monitored.
• Understand and mitigate company risks; monitor legal issues; facilitate legal and regulatory compliance; and ensure recordkeeping meets auditor and government agency requirements.
• Report risk issues to the America Chief Financial Officer, Compliance Officer, and/or Chief Executive Officer as appropriate.
• Maintain relationships with external auditors and investigate and address audit findings and recommendations.
• Monitor cash balances and forecasts; coordinate entity-specific bank financing through the enterprise Chief Financial Officer.
• Review profit and loss statements for irregularities and compliance with funding-source guidelines, and ensure corrective action is taken following grant monitoring or audit findings.
• Develop the finance team to support succession planning, retention, and skill and career development.

Benefits

• Medical, dental, and vision health coverage.
• Flexible Spending and Health Savings Accounts.
• 403(b) retirement plan with company match.
• Paid time off and ten paid holidays.
• Company-paid AD&D insurance, life insurance, and long-term disability insurance.
• Employee Resource Groups.
• Continuing education opportunities.
• Employee Assistance Program.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior