Chief finance officer job description

The Chief Financial Officer's (CFO) responsibilities include oversight and management of the revenue cycle, production of all operating and capital budgets, as well as tracking and monitoring the progress and actual performance against those budgets. Additionally, the Vice President is responsible for developing and implementing financial performance reports including development of metrics for financial performance and dashboards for all affiliate departments and health centers as well as for the Board of Directors to fulfill fiduciary responsibility. The CFO also serves as the primary coordinator and facilitator of all Board Finance Committee and Audit Committee activities.

Provide direct supervision to the Revenue Cycle Manager as liaison to outsource billing vendor including setting of priorities and performance monitoring and evaluation, to improve and optimize collections from all third-party payers, including Medicaid, Medicaid waiver programs, and Medicaid Managed Care and commercial plans.

Provide communication and training to health center staff on revenue cycle and financial control policies.

Coordinate and develop the affiliate's annual and multi-year operating budgets. Provide periodic reviews, updates, forecasts, and projections, as necessary to executive management and Board of Directors.

Develop Action Fund budget and monitor financials for ancillary to ensure compliance and to protect PPMW's tax status.

Provide standard monthly financial and cost analyses of operations; using analyses, initiate discussions and plans with appropriate management to address and resolve significant revenue and cost variances.

In accordance with current strategic and annual work plans, develop reports, for all areas of operations, analyzing key financial measures, including medical center financial performance, revenue and cost per visit (by center, by program, by payer, etc.), net payment received per visit, etc.; develop reports showing trends and performance against benchmarks and budgets.

Working in conjunction with Patient Services, meet with Health Center Managers to review financial results; jointly identify areas requiring further analysis and recommend methodologies to improve performance based on industry "best practices".
Other related duties as assigned.
Requirements:
Bachelor's degree in business or finance. Master's degree preferred. Five to seven years of progressively responsible budgeting, financial analysis, and reimbursement experience (Medicaid/Medicare rules and regulations) in a health care agency helpful but not required. Revenue cycle expertise. Nonprofit and staff supervisory experience required. Audit experience, including A-133. Experience with MIP (Abila) helpful. New IT systems implementation experience required.



PI194258433

Job DescriptionClub Capital LLC is a rapidly growing Accounting, Tax, and CFO Services firm specialized in the insurance industry with clients in every state across the country. We provide a cloud-based financial infrastructure to our clients including tax services, self-service payroll, bookkeeping, industry analytics, and benchmarking services. Club Capital staff work primarily on premises in our Bethesda, MD headquarters but have a growing remote workforce around the country with quarterly INDAYS bringing all employee together for learning and team building activities.

Our excitement is fueled by empowering our customers to achieve their full potential as small business owners and entrepreneurs. Our clients are pillars of their communities and serve a large part of the small business ecosystem that we strive to to make stronger every day..

We believe you should work alongside people who inspire you, challenge you, and push you to be the best version of yourself. It’s about having the freedom to approach, own, and solve problems creatively.

Our mission is strong and our growth shows that we are making a difference in entrepreneurs' lives across the country. We are a close knit team of smart, friendly, people looking to dominate our niche industry and become the best advisors in the country for our customers. For further insight into the nature of the company go to www.club.capital.
Overview Of Position


As our Director of CFO Services you will lead the accounting division of the firm that encompasses onboarding, monthly accounting, and CFO Services. CFO Services is our newest service offering providing advanced forecasting and budgeting for our current subscription clients. You will have endless opportunities to be a problem solver, creative thinker, and new business builder.


Key Responsibilities:
Manage a portfolio of High Priority clients providing monthly financial statements and variance analysis presentations Provide guidance to our onboarding, account management, and bookkeeping teams to represent industry best practices based upon accounting principles Investigate complex accounting issues to develop methodology upon accounting principles Serve as Subject Matter Expert to Account Managers to assist in monthly and EOY financial statement creation Bring the latest analytical techniques plus a deep understanding of financial modeling to help clients develop financial models, budgets and forecasts Build long-term relationships and drive superior financial returns based on unique business insights Partner with clients to help them deliver measurable and sustainable improvements in financial and business KPIs
Requirements / Qualifications:
3-6 years of relevant finance and strategy experience; previous experience in in a fast-growing tech environment; investment banking or consulting is a plus Advanced Excel modeling skills with the ability to own financial models end-to-end, as well as ensure their quality, timeliness, and accuracy Highly analytical with ability to consume, process, and prioritize large amounts of unstructured information Excellent verbal and written communication skills with the ability to distill into structured frameworks and concrete action plans Exceptional attention to detail and able to work independently to deliver accurate, high-quality outputs with minimal oversight Maintain a high level of integrity in your work Highly entrepreneurial and able to thrive in ambiguity and fast-paced environment A proven ability to build strong collaborative working relationships with the immediate team, cross functional partners and function leads


Why Club Capital?
We invest in our employees’ development and happiness because our employees are the keys to our success and ensuring happy customers Unlimited PTO (busy season exclusions) All federal holidays are observed Competitive benefits package Parental leave for birthing or non-birthing parents – 100% pay for 12 weeks (maternity), 100% pay for 6 weeks (paternity) 401(k) plan
Club Capital LLC is an equal opportunity employer.
This is a remote position.

Acadia is a leading provider of behavioral healthcare services across the United States. Acadia operates a network of 228 behavioral healthcare facilities with approximately 9,900 beds in 40 states and Puerto Rico. With more than 20,000 employees serving approximately 70,000 patients daily, Acadia is the largest stand-alone behavioral health company in the U.S. Acadia provides behavioral healthcare services to its patients in a variety of settings, including inpatient psychiatric hospitals, specialty treatment facilities, residential treatment centers and outpatient clinics. Acadia continues to grow through organic hospital development and acquisitions and given this unprecedented growth, we have developed an exciting program to harness and develop talent for future financial executive positions within our behavioral health hospitals and programs.

The Chief Financial Officer (In Training) will function in a mentee role under the mentorship of assigned Chief Financial Officer. CFO Mentee shall perform tasks as assigned through the formal CFO Training Program and become familiar with day-to-day operations and financial management of the healthcare facility. While the majority of the training will take place at the facility assigned, training will also take place at other Acadia facilities, at the discretion of the Operations CFO and/or Controller. At the completion of training, the CFO will be assigned to a facility.

Candidate must be open to relocation to a facility to complete the training program. Candidates that successfully complete the program will be placed in a Chief Financial Officer role and will need to be open to relocation. Relocation assistance is provided to candidates by Acadia.

The successful Chief Financial Officer in training will work to develop the following skills and responsibilities:
Monitor and control accounts receivables. Closely oversees Business Office functions to ensure cash collection goals are met, and net revenue is properly stated. Improve the profitability of the hospital. Continually monitor costs in all areas, especially staffing as it relates to patient volume. Develop and monitor policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced hospital operating costs, and increased revenues. Prepare monthly financial statements, financial packages, reports/analysis Provide reconciliations, account analysis, and other information for Reimbursement Department, Tax Department, Auditors, etc., to aid in preparation of reports. Prepare annual budget in conjunction with Acadia standards. In cooperation with management and department heads, reviews prior financial results and discusses anticipated changes to highlight future needs and trends of the facility.
Minimum requirements for the program:
BA in Accounting or Finance required, Masters degree preferred. Experience working in a healthcare setting preferred. Experience in healthcare finance and accounting, (i.e. AP/AR, payroll, accounting, etc.)
This Opportunity offers the following:
Challenging and rewarding work environment
Growth and Development Opportunities within Acadia and its Subsidiaries
Competitive Compensation
Medical, Dental, Vision and Prescription Drug Plan
401k plan with company match


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