Strategic Healthcare CFO - Lead Financial Operations

Job Description Job Description

We are in search of a CFO to join our team located in Holyoke, Massachusetts. As a CFO, you will oversee all financial operations, ensure compliance with accounting principles and local, state, and federal regulations, and contribute to achieving performance goals.

Responsibilities:

• Manage the activities of the business office staff, including billing, collections, financial counseling, utilization review, and data processing

• Implement and maintain effective revenue cycle processes to optimize cash flow

• Ensure company policies and procedures are implemented to minimize risk to the facility

• Oversee the accurate capturing and posting of all financial and daily accounting activities

• Ensure timely completion and distribution of monthly financial statements and regular productivity reports

• Maintain patient accounts receivable at appropriate levels considering market, payer, and acuity mix

• Contribute to and monitor performance goals and objectives, analyze variances, and develop action plans to achieve targets

• Ensure all balance sheet accounts are reconciled monthly and internal controls are in place to facilitate clean audit opinions

• Oversee departments such as Accounting, Patient Financial Services, Purchasing, Payroll, and others as required

• Ensure the accurate and timely completion of the financial closing process each month

• Prepare and distribute financial statements and monthly operating review reports

• Responsible for the preparation of the annual operating and capital budgets

• Assist the corporate finance and accounting team in the annual independent audit preparation and process

• Regularly report on operating statistics and financial metrics as scheduled or requested.

Please send resumes directly to Chelsea Halon - chelsea.halon@roberthalf com

Minimum requirements include 5+ years in equivalent role, healthcare industry experience and previously management experience.

• Expertise in Accounting Software Systems

• In-depth understanding of Accounting Functions

• Experience in Auditing

• Ability to manage Budget Processes

• Knowledge of Capital Management

• Proficiency in Cash Flow Analysis

• Ability to handle Month End Close

• Experience in Business process improvement

• Proficiency in Process Improvement Initiatives

• Experience in Budgeting and Forecasting

• Must not have any discriminatory behavior or actions

• Respect for all individuals regardless of their background or personal characteristics

• Ability to work collaboratively in a diverse team environment

• Strong communication and interpersonal skills

• High level of integrity and professionalism

• Excellent problem-solving and decision-making abilities

• Strong analytical and strategic thinking skills

• Ability to maintain confidentiality of sensitive information

• Willingness to continuously learn and adapt in a fast-paced environment

• Strong leadership skills with the ability to inspire and motivate a team.

If you meet the minimum requirements - please send resumes directly to Chelsea Halon - chelsea.halon@roberthalf com