Chief Financial Officer

hillcrest-dc; Washington (District of Columbia); On-site; USD 120,000 - 130,000; Full time

Benefits offered by this job

Medical, Dental, and Vision insurance

401K Retirement Plan

Life Insurance

Paid Time Off (PTO) and holidays

Leadership training and development

Employee Assistance Programs (EAP)

Job summary

Hillcrest-DC seeks a strategic Chief Financial Officer to lead financial operations, budgeting, and reporting, reporting to the CEO and serving on the executive team. You will supervise staff and align finances with the agency’s mission to support behavioral health and nonprofit health services.

Responsibilities include managing day‑to‑day accounting, program budgeting, monthly financials, cash flow, contracting, audits, and regulatory compliance, including Medicaid and federal reimbursements.

Qualifications

• Master’s degree; CPA is a plus.
• 7+ years of executive leadership in the health care sector.
• 7+ years overseeing Revenue Cycle Management, A/R strategy and billing compliance.
• 5+ years of Medicaid and Federal Reimbursements experience.

Responsibilities

• Oversee day‑to‑day accounting and financial operations of the agency.
• Develop budgets for the agency, programs, and new services.
• Prepare, analyze, and present monthly financial reports for leadership and board.
• Report financial results to the CEO and Board of Directors.
• Manage Billing, A/R and A/P and EHR integration with accounting.
• Oversee banking activities and manage cash flow.
• Negotiate and execute contracts with funders and vendors.
• Coordinate internal audits and ensure timely accounting reports.
• Monitor regulatory changes and maintain compliance.
• Manage liability insurance and liaise with the independent auditor.

Skills

Executive leadership

Education

Master's degree

CPA (certified public accountant)

Job description

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.