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Job Description

Oasis Behavioral Health is seeking a facility Chief Financial Officer (CFO) to join the senior leadership team and guide day-to-day fiscal management. Based in Chandler, AZ and working onsite, this role oversees overall financial operations with accountability for facility financial performance, revenue cycle operations, budgeting, reporting, controls, and compliance.

Core Responsibilities

  • Ensure monthly financial statements are completed timely and accurately.
  • Reconcile all balance sheet accounts monthly in line with company policies and standards, identifying and correcting any outstanding variances on a timely basis.
  • Prepare corporate-required reports, including the Monthly Operating Report, Monthly Certifications, Corporate Disclosures, and Forecasts, ensuring timely and accurate submission.
  • Maintain accounting and business office policies and required internal controls to support a clean audit with no material audit adjustments or deficiencies, including oversight of approval processes.
  • Direct revenue cycle operations to support timely accounts receivable collections and minimize uncompensated care; work toward cash collection and AR days goals while reducing bad debt and denials.
  • Review revenue cycle metrics routinely to proactively identify and address issues affecting overall performance.
  • Support front-end revenue cycle processes, including ensuring insurance verification is completed for 100% of patients; partner with the Financial Counselor on patient portion determinations, approval of discounts or charity, and logging of upfront collections.
  • Maintain working knowledge of federal, state, and managed care reimbursement methodologies to ensure accurate facility payment and correct recording of revenue deductions, including support for required cost report preparation.
  • Supervise Accounting, Patient Accounting, Health Information Management, Materials Management, and other departments assigned by the CEO, ensuring adequate staffing and training.
  • Ensure compliance with Group Purchasing contracts and monitor purchases to keep supply costs within budgeted levels.
  • Prepare the annual operating budget and participate in annual strategic planning; analyze budget variances and assist the CEO with adjustments needed to meet budget goals.
  • Prepare annual capital budgets and Capital Equipment Requests; ensure assets and related depreciation are recorded accurately and in compliance with company policies.

Required Qualifications

  • Bachelor’s degree with a major in Accounting in Accounting or a business-related field.
  • Minimum 3 years of successful CFO experience in a healthcare setting (healthcare setting desired).
  • Proven financial analysis skills.
  • Experience working with information technology and proficiency with Excel and Word.
  • Demonstrated leadership ability and 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.
  • Lead with a high degree of emotional intelligence and ethics.

Preferred Qualifications

  • Previous behavioral healthcare experience.
  • Previous experience with a proprietary healthcare system.
  • CPA or Master’s degree (plus).

Technology

  • Excel
  • Word

Benefits

  • Competitive compensation with an industry leading annual performance-based bonus opportunity.
  • Comprehensive benefits including medical, dental, and vision insurance.
  • 401(k) with company match.
  • Stock-based awards.
  • Generous paid time off for vacation, sick days, and holidays.
  • Professional development and leadership training.
  • Career mobility within Acadia’s nationwide network of 250+ facilities.

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