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Facility Chief Financial Officer

Facility Chief Financial Officer

NeuroPsychiatric HospitalsPortage, MI, US
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Chief Financial Officer (CFO)

NeuroPsychiatric Hospitals is adding a Chief Financial Officer (CFO) to serve our patients and leadership team at Kalamzoo Behavioral Health Hospital in Kalamazoo, MI. The CFO will have oversight and accountability for overall financial operations and day-to-day fiscal management of the hospital. This is a new position due to the growth of our organization!

Benefits of joining NPH :

  • Competitive compensation structure
  • Medical, Dental, and Vision Insurance
  • NPH 401(k) plan with up to 4% Company match
  • Employee Assistance Program (EAP) Programs
  • Generous PTO and Time Off Policy
  • Special tuition offers through Capella University
  • Work / life balance with great professional growth opportunities
  • Employee Discounts through LifeMart
  • The chance to grow your leadership career with a dynamic organization

Responsibilities :

  • Ensure completion of timely and accurate monthly financial statements, including monthly operating reports, certifications, disclosures, and forecasts
  • Balance sheet accounts are reconciled on a monthly basis and in compliance with company policies with variances identified and corrected
  • Confirm accounting and business office policies and internal controls are in place for audit with no material adjustments or deficiencies found
  • Prepares annual operating budget and participates in the annual strategic planning process, including ongoing analysis of variances from budget and implementing changes needed to achieve budget goals.
  • Has thorough working knowledge of federal, state and managed care reimbursement methodologies to confirm accuracy of payment to facilities and recorded revenue deductions.
  • Routinely review revenue cycle metrics to identify and address issues affecting overall performance to include : timely collection of accounts receivable, limiting uncompensated care and achieving goals for cash collections and AR days to reduce bad debt and denials.
  • Actively involved in Front End Revenue Cycle processes to include : completed insurance verification on 100% of patients, working with the financial counselors to ensure proper determination of patient portions and, approval of any discounts or charity for logging of upfront collections.
  • Monitors purchases to ensure supply costs are kept to budgeted levels.

    • Qualifications :

  • Bachelor's degree in Healthcare Administration, Business Administration, Public Health or Clinical Discipline required. Master's degree preferred.
  • Certified Public Accountant (CPA) preferred.
  • Minimum of 3 years of successful CFO experience in a healthcare setting required or completion of the NPH CFO in Training Program.
  • Previous behavioral healthcare experience highly preferred.
  • Previous experience with a proprietary healthcare system a plus
  • Must live within market being served.
  • Excellent financial analysis skills.
  • Advanced proficiency with software packages including Excel and Word.
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