CFO Chief Financial Officer
Riverwoods, IL, USA | Leading Healthcare Company
Industry:Healthcare - Hospitals
Job Description:91 people have viewed this job
Looking to make a difference? Riverwoods Behavioral Health Hospital is searching for an energetic and enthusiastic Chief Financial Officer to run our Acute Psych Hospital.
How We Help
Riverwoods Behavioral Health System’s mission is to create a world-class treatment program that sets the standard of excellence in the treatment of behavioral health disorders and addictive diseases. We aspire to provide a setting where people receive care that enables them to regain hope and direction in a supportive, compassionate environment.
To accomplish these goals, we have assembled a team of top professionals from a multitude of various disciplines. Every member of our team strives towards the unified goal of making Riverwoods Behavioral Health System synonymous with excellent care, phenomenal customer service, and an unmatched commitment to families, our communities, and, most of all, our patients.
Improving the lives we touch is our number one goal at Riverwoods. As our CFO, you will have the opportunity to truly drive change by building working relationships with care professionals and physicians to guarantee patient satisfaction. At Acadia, you are not just another bean counter, you are seen as a strategic partner to the CEO and work as a team to optimize operational efficiency across multiple departments. If you are looking for a chance to lead, grow, and change lives, you’re in the right place.
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.
Directs the operations of the Revenue Cycle to ensure that accounts receivable are collected timely and uncompensated care is kept to a minimum.Strives to achieve goals for cash collections and AR days and to reduce bad debt and denials. Routinely reviews revenue cycle metrics to proactively identify and address issues affecting overall performance
Is actively involved in ensuring Front End Revenue Cycle processes are in place including ensuring the insurance verification is completed on 100% of patients, working with the Financial Counselor to ensure proper determination of patient portions and approval of any discounts or charity and proper logging of upfront collections.
Supervises Accounting, Patient Accounting, Health Information Management, Materials Management and other departments assigned by the CEO.These departments may include, but are not limited to, Health Information Management, Materials Management, and Human Resources.Ensures department is adequately staffed and trained.
Prepares annual capital budgets and Capital Equipment Requests.Ensures assets and related depreciation is recorded accurately and in compliance with company policies
Provides financial leadership and guidance to facility managers.Trains managers on financial matters and provides routine feedback regarding department performance
Going the Extra Mile for Our Patients
Regularly makes rounds and interacts with patients to ensure patient satisfaction ** This is a must for this role**
Maintains a current knowledge of healthcare industry trends and changes and ensures facility is prepared and compliant.
Works as a partner with the CEO and ensures that there is an open line of communication and positive interaction
Bachelor’s degree in Accounting or business related field with major in Accounting.
Minimum 4 years successful CFO/Controller or related experience in an Acute Psych healthcare setting required** This is a big one!***
Previous Behavioral healthcare experience highly preferred.
CPA or Master’s degree a plus
Experience working with information technology and proficiency with software packages including Excel and Word.
Demonstrated leadership ability.
Ability to lead with a high degree of emotional intelligence and ethics. **This is a big one too**
What We Truly Value
Passion for helping others
Positive "Can Do" attitude
Pride in the quality of your work
Inclusive Leadership style
Honesty and integrity
What We Provide to You: Benefits!!
401K and 401K match
Medical, Vision and Dental insurance
Personal days and sick time.