What are the responsibilities and job description for the Chief Financial Officer position at Southcoast Behavioral Health?
Overview
We are seeking talented individuals to join our Chief Financial Officer in Training program, where you will work directly with an assigned CFO as your mentor.
Training and Development
Your primary training will take place at our esteemed Southcoast Behavioral Health facility in Dartmouth, MA, renowned for its commitment to excellence in patient care.
You will be exposed to diverse financial management practices, strategic planning, and operational decision-making processes.
Our goal is to equip you with the skills and expertise necessary to excel as a CFO within the behavioral healthcare industry.
Responsibilities
- Monitor and control accounts receivables.
- Oversee Business Office functions to ensure cash collection goals are met and net revenue is accurately reported.
- Improve the profitability of the hospital by monitoring costs, particularly in relation to patient volume and staffing.
- Develop and enforce policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced operating costs, and increased revenues.
- Prepare monthly financial statements, financial packages, and reports/analysis.
- Provide reconciliations, account analysis, and other information to support the Reimbursement Department, Tax Department, Auditors, etc.
- Collaborate with management and department heads to prepare the annual budget, reviewing prior financial results and identifying future needs and trends of the facility.
Relocation Requirement
Candidates must be open to relocation for training purposes and eventual placement as a Chief Financial Officer.
Qualifications
- Bachelor's degree in Accounting or Finance is required. Master's degree is preferred.
- Experience working in a healthcare setting is preferred.
- Experience in healthcare finance and accounting, including AP/AR, payroll, and general accounting.
