Chief Financial Officer

Posted 6 Days Ago
Be an Early Applicant
Washington, DC, USA
In-Office
120K-130K Annually
Senior level
Kids + Family • Social Impact
The Role
Chief Financial Officer oversees the agency’s accounting, budgeting, reporting, revenue cycle, billing, cash flow, contracts, audits, compliance, insurance, and financial staff. The CFO advises the CEO and Board, manages financial operations across programs, and supports organizational strategy. The role requires extensive executive healthcare finance experience, revenue cycle and billing compliance expertise, and knowledge of Medicaid and federal reimbursement.
Summary Generated by Built In

The Chief Financial Officer (CFO) is responsible for all aspects of the financial operations for the agency. Reporting directly to the Chief Executive Officer (CEO), the CFO provides accounting, budgetary, operational, and programmatic support to all agency programs and activities. The CFO directly oversees and supervises the financial/accounting staff and other departments as directed by the CEO. The CFO serves as an active member of the Executive Management Team helping to develop and implement the agency's vision and mission.

Responsibilities:

  • Actively manage the day-to-day accounting and financial operations of the agency.
  • Develop budgets for the agency, individual programs and new/proposed/expanded services, including the preparation of budget revisions as needed.
  • Prepare, analyze, and present monthly financial reports for the agency, its programs, and activities.
  • Report on financial results and issues to the CEO and Board of Directors.
  • Oversee and review the preparation program financial reporting required for funding sources.
  • Manage the Billing, Accounts Receivable and Accounts payables functions/staff and the integration of billing information from the Electronic Health Record system into the accounting system.
  • Oversee the agency’s banking activities and actively manage cash flow to ensure it meets agency needs.
  • Manage the negotiation and execution of agency contracts with funding sources, vendors, and collaborative service providers.
  • Manage accounting control systems and internal audits enduring the accurate and timely production of accounting information and financial reports.
  • Monitor changes in legal, regulatory, and administrative environments and implement changes in procedures needed to maintain compliance while maximizing operational and financial results.
  • Manage the agency’s liability insurance program, including ongoing risk analysis.
  • Serve as the agency’s primary liaison with its independent Auditor to ensure the annual audit is completed smoothly and in a timely manner.

Requirements:

  • Master’s degree from an accredited college or university; Certified Public Accountant is a plus.
  • 7+ years of executive leadership experience in the health care sector; Experience with a behavioral health and/or non-profit health care agency preferred
  • 7+ years of executive oversight of Revenue Cycle Management (RCM), Accounts Receivable (A/R) strategy, and billing compliance
  • 5+ years of experience in Medicaid and Federal Reimbursements

Benefits:

  • Affordable Medical, Dental, and Vision insurance.
  • 401K Retirement Plan and Life Insurance.
  • Paid Time Off (PTO), Sick Leave, and Paid Company Holidays.
  • Opportunities for leadership training and professional development.
  • Employee Assistance Programs (EAP) to support your professional and personal well-being.

Salary:

$120,000-$130,000 annually, based on experience.

Skills Required

  • Master's degree from an accredited college or university
  • 7+ years of executive leadership experience in the healthcare sector
  • Experience with a behavioral health and/or nonprofit healthcare agency
  • 7+ years of executive oversight of Revenue Cycle Management, Accounts Receivable strategy, and billing compliance
  • 5+ years of experience with Medicaid and federal reimbursements
  • Certified Public Accountant credential
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The Company
HQ: Washington, DC
100 Employees
Year Founded: 1815

What We Do

Hillcrest Children and Family Center is a behavioral health care and social services agency in Washington, DC, dedicated to providing behavioral health treatment and prevention. The organization offers a wide range of community and social services, including employment support through resume building, job coaching, and interviewing skills, aimed at improving the lives and wellbeing of children and families within the DC community.

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