Role details

CFO

Bensalem   •  Temporary

Bullet points

  • The CFO is responsible for directing the fiscal functions of the corporation - S
  • Report directly to the CEO

About Our Client

Michael Page's client, a growing Bucks County healthcare facility is seeking a CFO to report to the CEO.

Job Description

  • 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 Hospital 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 Hospital 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.
  • 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.
  • 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. Facilitates preparation of any required cost reports.

The Successful Applicant

  • Bachelor's degree in Accounting or business related field with major in Accounting.
  • Minimum 3 years successful CFO experience in a healthcare setting required.
  • Previous Hospital environment 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.

What's on Offer

Great Opportunity- Report directly to the CEO- Compettive Salary

Apply for this job

Click the Apply or LinkedIn button below or contact Jason Thompson quoting job reference 1191306
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