What are the responsibilities and job description for the Executive Director of Financial Operations position at Southcoast Behavioral Health?
Chief Financial Officer in Training Program
We are seeking skilled professionals to join our Chief Financial Officer in Training program, where you will collaborate with a seasoned CFO as your mentor.
This comprehensive training program is designed to equip you with the knowledge and expertise necessary to succeed as a CFO in the behavioral healthcare industry.
About Southcoast Behavioral Health
Southcoast Behavioral Health is the largest stand-alone behavioral health company in the U.S., providing specialized care to approximately 75,000 patients every day across our network of 250 facilities in 39 states and Puerto Rico.
Our mission is to deliver high-quality patient-centered care while fostering a culture of excellence, compassion, and respect.
Responsibilities:
- Financial Management: Monitor and control accounts receivable, ensuring timely collection of payments and accurate revenue reporting.
- Business Office Oversight: Supervise Business Office functions to ensure cash collection goals are met and net revenue is accurately reported.
- Operational Efficiency: Improve hospital profitability by monitoring costs, particularly in relation to patient volume and staffing.
- Policies and Procedures: 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.
- Reporting and Analysis: Prepare monthly financial statements, financial packages, and reports/analysis to support business decision-making.
- Collaboration: Collaborate with management and department heads to prepare the annual budget, reviewing prior financial results and identifying future needs and trends of the facility.
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.
Benefits:
- A challenging and rewarding work environment.
- Growth and development opportunities within Southcoast Behavioral Health and its subsidiaries.
- A competitive compensation package.
- A comprehensive medical, dental, vision, and prescription drug plan.
- A 401(k) plan with company match.
This is an exciting opportunity to gain invaluable hands-on experience and knowledge of day-to-day operations within our facilities.
You will be exposed to diverse financial management practices, strategic planning, and operational decision-making processes.
Upon successful completion of the training program, you will be assigned a leadership role within one of our facilities, where you will continue to make a meaningful impact on patient outcomes and organizational success.
We are committed to providing equal employment opportunities to all applicants for employment regardless of an individual's characteristics protected by applicable state, federal and local laws.
