Shorewood Behavioral Health
Chief Financial Officer (CFO) Shorewood Behavioral Health
Shorewood Behavioral Health, Madison, Wisconsin, us, 53774
Shorewood Behavioral Health
is a brand new state-of-the-art 120-bed behavioral healthcare hospital located in Madison, WI. Shorewood Behavioral Health Hospital specializes in providing comprehensive acute and outpatient psychiatric care for adolescents, adults, and seniors dealing with mental health and substance use disorders. We are looking to hire a facility
Chief Financial Officer (CFO) for Shorewood Behavioral Health . The CFO is an integral part of the senior leadership team and expected to participate in the financial and functional decision-making processes necessary for the successful attainment of the facility’s operational and financial goals. This Opportunity Offers The Following Competitive compensation with industry leading annual performance-based bonus opportunity Comprehensive benefits including medical, dental, and vision insurance 401(k) with company match to support your financial future Stock-based awards, giving you a stake in Acadia’s success Generous paid time off for vacation, sick days, and holidays Professional development & leadership training to sharpen your skills Career mobility within Acadia’s nationwide network of 250+ facilities Your Responsibilities As CFO Ensures that monthly financial statements are completed timely and accurately. Ensures that all balance sheet accounts are reconciled on a monthly basis and in compliance with company policies and standards and that any outstanding variances are identified and corrected timely. Prepares corporate required reports (including the Monthly Operating Report, Monthly Certifications, Corporate Disclosures, Forecasts) timely and accurately. Ensures all accounting and business office policies and required internal controls are in place to facilitate a clean audit with no material audit adjustments or deficiencies found. Directs the operations of the Revenue Cycle to ensure that accounts receivable is collected timely and uncompensated care is kept to a minimum. Is actively involved in ensuring Front End Revenue Cycle processes are in place including ensuring the insurance verification is completed on 100% of patients. Maintains a thorough working knowledge of federal, state and managed care reimbursement methodologies to ensure that facility is paid accurately, and revenue deductions are recorded accurately. Supervises Accounting, Patient Accounting, Health Information Management, Materials Management and other departments assigned by the CEO. Ensures compliance with Group Purchasing contract and monitors purchases to ensure supply costs are kept to budgeted levels. Prepares annual operating budget and participates in the annual strategic planning process which serves as a basis for the budget. Prepares annual capital budgets and Capital Equipment Requests. CFO Requirements Bachelor’s degree in Accounting or business-related field with major in Accounting. Minimum 3 years successful CFO experience in a healthcare setting desired. Previous Behavioral healthcare experience highly preferred. Previous experience with a proprietary healthcare system highly preferred. CPA or Master’s degree a plus. Proven financial analysis skills. Experience working with information technology and proficiency with software packages including Excel and Word. Demonstrated leadership ability. Demonstrates excellent communication skills, both written and verbal. Ability to think strategically and solve problems. Ability to establish and maintain effective working relationships with facility staff, physicians and corporate staff. Ability to lead with a high degree of emotional intelligence and ethics. 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.
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is a brand new state-of-the-art 120-bed behavioral healthcare hospital located in Madison, WI. Shorewood Behavioral Health Hospital specializes in providing comprehensive acute and outpatient psychiatric care for adolescents, adults, and seniors dealing with mental health and substance use disorders. We are looking to hire a facility
Chief Financial Officer (CFO) for Shorewood Behavioral Health . The CFO is an integral part of the senior leadership team and expected to participate in the financial and functional decision-making processes necessary for the successful attainment of the facility’s operational and financial goals. This Opportunity Offers The Following Competitive compensation with industry leading annual performance-based bonus opportunity Comprehensive benefits including medical, dental, and vision insurance 401(k) with company match to support your financial future Stock-based awards, giving you a stake in Acadia’s success Generous paid time off for vacation, sick days, and holidays Professional development & leadership training to sharpen your skills Career mobility within Acadia’s nationwide network of 250+ facilities Your Responsibilities As CFO Ensures that monthly financial statements are completed timely and accurately. Ensures that all balance sheet accounts are reconciled on a monthly basis and in compliance with company policies and standards and that any outstanding variances are identified and corrected timely. Prepares corporate required reports (including the Monthly Operating Report, Monthly Certifications, Corporate Disclosures, Forecasts) timely and accurately. Ensures all accounting and business office policies and required internal controls are in place to facilitate a clean audit with no material audit adjustments or deficiencies found. Directs the operations of the Revenue Cycle to ensure that accounts receivable is collected timely and uncompensated care is kept to a minimum. Is actively involved in ensuring Front End Revenue Cycle processes are in place including ensuring the insurance verification is completed on 100% of patients. Maintains a thorough working knowledge of federal, state and managed care reimbursement methodologies to ensure that facility is paid accurately, and revenue deductions are recorded accurately. Supervises Accounting, Patient Accounting, Health Information Management, Materials Management and other departments assigned by the CEO. Ensures compliance with Group Purchasing contract and monitors purchases to ensure supply costs are kept to budgeted levels. Prepares annual operating budget and participates in the annual strategic planning process which serves as a basis for the budget. Prepares annual capital budgets and Capital Equipment Requests. CFO Requirements Bachelor’s degree in Accounting or business-related field with major in Accounting. Minimum 3 years successful CFO experience in a healthcare setting desired. Previous Behavioral healthcare experience highly preferred. Previous experience with a proprietary healthcare system highly preferred. CPA or Master’s degree a plus. Proven financial analysis skills. Experience working with information technology and proficiency with software packages including Excel and Word. Demonstrated leadership ability. Demonstrates excellent communication skills, both written and verbal. Ability to think strategically and solve problems. Ability to establish and maintain effective working relationships with facility staff, physicians and corporate staff. Ability to lead with a high degree of emotional intelligence and ethics. 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.
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