Chief Financial Officer

3 weeks ago

Conroe, United States Springstone Full time

Overview

Woodland

Springs

is a 96-bed behavioral hospital located in Conroe, Texas.

The hospital offers inpatient and outpatient mental health and addiction treatment to adults, adolescents and their families. At

Wodland

Springs

we are dedicated to

Changing People’s Lives. The Chief Financial Officer is responsible for overall financial administration of the hospital, including revenue cycle, general accounting, information systems and financial reporting in accordance with all hospital and corporate policies and procedures. Ensures that internal controls are adequate to safeguard facility assets and that accounting systems are sufficient to generate accurate and timely financial reports. Also responsible for preparation of the annual hospital budget along with ongoing analytics monitoring any variances and reporting to CEO and corporate office. Members of our team Enjoy: Working with a highly engaged staff Healthy staffing levels Flexible scheduling Career growth Competitive compensation UKG Wallet – We’ve partnered with UKG Wallet, a voluntary Earned Wage Access benefit, to offer employees access to their pay on their own schedule.

Position Details

Supervise and oversee the activities of the business office staff (billing, collections, financial counseling, utilization review and data processing) and maintains effective revenue cycle processes to keep patient accounts receivable at an acceptable level and also increasing the hospital’s cash flow (including management of denials). Ensures that company policies and procedures are effective and implemented to assure minimal risk to the facility. Responsible for compliance along with generally accepted accounting principles as well as any other local, state and federal guidelines required. Will ensure accurate capturing and posting of all financial and daily accounting activity and ensures that monthly financial statements and regular productivity reports are completed and distributed on a timely basis. Maintain patient accounts receivable at amounts appropriate for market, payer, and acuity mix (measured by AR days). Contribute to and monitor performance goals and objectives (EBITDAR target). Analyzes variances and with CEO, develops action plans to achieve assigned targets. Ensures all balance sheet accounts are reconciled on a monthly basis and systems of internal controls are in place to facilitate a clean audit opinion. Typically supervises the areas of Accounting, Patient Financial Services, Purchasing, Payroll and other departments as required at the individual hospital. Ensures that month-end financial closing process is completed accurately and timely; prepares financial statements and monthly operating review reports to co-present with the hospital CEO to corporate management. Responsible for preparation of annual operating and capital budgets for the hospital. Assists the corporate finance and accounting team in the annual independent audit preparation and process. Responsible for daily, weekly and monthly reporting of operating statistics and financial metrics as scheduled and or requested.

Qualifications

Requirements:

Bachelor’s degree in finance or accounting or related field required. CPA preferred. Experience:

Previous experience in healthcare overall financial operations/controls required. Experience in payroll also required. Knowledge of inpatient psychiatric and chemical dependency hospital finance preferred. Proficient in use of Microsoft Office professional applications and previous use of computer workstation.

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