Chief FInancial Officer

Chief Financial Officer | Peak Behavioral Health Services | Santa Teresa, NM

About Peak Behavioral Health Services

Check out our website: https://www.peakbehavioral.com/

The team at Peak Behavioral Health Services offers several levels of care to meet the needs of our community for adolescents, adults, seniors and the military. These mental health programs are structured and designed to support those who are struggling with a mental health challenge in their lives. Discharge planning with family or caregiver involvement begins upon admission. Our service areas include Santa Teresa, El Paso, Las Cruces, and Albuquerque.

About The Job:

POSITION SUMMARY

How you help: Peak is seeking an experienced, dedicated and The Facility CFO is an integral part of the senior leadership team and is expected to participate in the financial and functional decision-making processes necessary for the successful attainment of the facility’s operational and financial goals. The facility CFO has responsibility and is accountable for overall financial operations and is responsible for all aspects of the day to day fiscal management of the facility. Maintain or implement cost management strategies to include vendor contract management and purchasing controls.

QUALIFICATIONS

• Bachelor’s degree in Accounting or business-related field, Master’s degree preferred
• Three (3) years’ experience in a healthcare setting; behavioral health experience preferred
• CPA Preferred

ESSENTIAL FUNCTIONS

1. Ensures that monthly financial statements are completed timely and accurately.
2. Ensures that all balance sheet accounts are reconciled on a monthly basis and in compliance with Summit BHC policies and standards and that any outstanding variances are identified and corrected timely.
3. Prepares corporate required reports (including the Monthly Operating Report, Monthly Certifications, Corporate Disclosures, and Forecasts) timely and accurately.
4. Ensures all Summit BHC 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. Ensures that all approval processes are in place.
5. Directs the operations of the Revenue Cycle to ensure that accounts receivable is 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.
6. 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.
7. Maintains a thorough working knowledge of federal, state and managed care reimbursement methodologies to ensure that the facility is paid accurately and revenue deductions are recorded accurately. Facilitates preparation of any required cost reports.
8. Ensures compliance with Group Purchasing contract and monitors purchases to ensure supply costs are kept to budgeted levels.
9. Prepares annual operating budget and participates in the annual strategic planning process which serves as a basis for the budget. Provides ongoing analysis of variances from budget and assists the CEO in implementing changes needed to achieve budget goals.
10. Prepares annual capital budgets and Capital Equipment Requests. Ensures assets and related depreciation is recorded accurately and in compliance with Summit BHC policies.
11. Provides financial leadership and guidance to facility managers. Trains managers on financial matters and provides routine feedback regarding department performance.
12. Provides financial expertise in planning new services including preparation of pro-formas.
13. Works as a partner with the CEO and ensures that there is an open line of communication and positive interaction.
14. Provides guidance and assists the CEO in ensuring facility is staffed appropriately and that productivity goals are met.
15. Participates with managed care contracting and other business development activities to ensure net revenue maximization.
16. Approves or denies all computer access privileges (SAF’s) and ensuring that access is terminated for employees that have been terminated.
17. Maintains a current knowledge of healthcare industry trends and changes and ensures the facility is prepared and compliant.

Veterans and military spouses are highly encouraged to apply. Summit BHC is dedicated to serving Veterans with specialized programming at our treatment centers across the country. We recognize and value the unique strengths of the military community in supporting our mission to serve those who have served.

EOE. Comprehensive benefits package offered along with competitive salaries commensurate with experience and qualifications.

Why Apply? Join a growing organization and to be part of an expanding facility with exponential potential! The team at Summit BHC is supportive, passionate, talented and full of integrity.

All your information will be kept confidential according to EEO guidelines.