Chief Financial Officer (CFO)

Lifepoint Health Careers; Raleigh (NC); On-site; USD 180,000 - 300,000; Full time

Benefits offered by this job

Medical, dental and vision coverage

Paid time off (PTO)

401(k) retirement package with company

Tuition assistance

Wellness programs and financial well‑n

Job summary

Triangle Springs Behavioral Health Hospital, part of Lifepoint Health, is seeking a Chief Financial Officer in Raleigh, NC. You will oversee the hospital's financial administration, including revenue cycle, accounting, information systems, and reporting, with a focus on internal controls and timely budgets and analytics.

The role requires healthcare finance experience, strong leadership, and knowledge of GAAP; CPA is preferred.

Qualifications

• Bachelor's degree in finance or accounting required.
• CPA certification preferred.
• Experience in healthcare financial operations/controls.
• Knowledge of inpatient psychiatric and chemical dependency hospital finance preferred.
• Proficient in Microsoft Office applications.

Responsibilities

• Oversee activities of the business office staff (billing, collections, financial counseling, utilization review and data processing).
• Maintain revenue cycle processes to keep patient accounts receivable at an acceptable level and improve cash flow.
• Ensure compliance with accounting principles and local, state and federal guidelines.
• Post daily accounting activity and produce monthly financial statements and productivity reports.
• Monitor EBITDAR targets, analyze variances, and develop action plans with the CEO.
• Maintain AR levels appropriate for market and payer mix.
• Reconcile balance sheet accounts monthly and ensure internal controls support clean audits.
• Supervise Accounting, Patient Financial Services, Purchasing, Payroll and related departments.

Skills

Financial leadership

Revenue cycle

GAAP compliance

Healthcare finance

Budgeting

Staff supervision

Education

Bachelor's degree in finance or accounting

CPA preferred

Tools

Microsoft Office

Job description

Your experience matters:

Triangle Springs Behavioral Health Hospital is owned and operated by Lifepoint Health. We are driven by a profound commitment to prioritize your wellbeing so you can provide exceptional care to others. As a Chief Financial Officer (CFO) joining our team, you're embracing a vital mission dedicated to making communities healthier®. Join us on this meaningful journey where your skills, compassion and dedication will make a remarkable difference in the lives of those we serve.

CFO is responsible for overall financial administration of the hospital, including revenue cycle, general accounting, information systems and financial reporting in accordance with all hospital and corporate policies and procedures.Ensures that internal controls are adequate to safeguard facility assets and that accounting systems are sufficient to generate accurate and timely financial reports. Also responsible for preparation of the annual hospital budget along with ongoing analytics monitoring any variances and reporting to CEO and corporate office.

How you'll contribute:

A Chief Financial Officer (CFO) who excels in this role:

• Supervise and oversee the activities of the business office staff (billing, collections, financial counseling, utilization review and data processing) and maintains effective revenue cycle processes to keep patient accounts receivable at an acceptable level and also increasing the hospital's cash flow (including management of denials).


• Ensures that company policies and procedures are effective and implemented to assure minimal risk to the facility.


• Responsible for compliance along with generally accepted accounting principles as well as any other local, state and federal guidelines required.


• Will ensure accurate capturing and posting of all financial and daily accounting activity and ensures that monthly financial statements and regular productivity reports are completed and distributed on a timely basis.


• Contribute to and monitor performance goals and objectives (EBITDAR target). Analyzes variances and with CEO, develops action plans to achieve assigned targets.


• Maintain patient accounts receivable at amounts appropriate for market, payer, and acuity mix (measured by AR days).


• Ensures all balance sheet accounts are reconciled on a monthly basis and systems of internal controls are in place to facilitate a clean audit opinion.


• Typically supervises the areas of Accounting, Patient Financial Services, Purchasing, Payroll and other departments as required at the individual hospital.


• Ensures that month end financial closing process is completed accurately and timely; prepares financial statements and monthly operating review reports to co-present with the hospital CEO to corporate management.


• Responsible for preparation of annual operating and capital budgets for the hospital.


• Assists the corporate finance and accounting team in the annual independent audit preparation and process.


• Responsible for daily, weekly and monthly reporting of operating statistics and financial metrics as scheduled and or requested.


• All other duties assigned

What we're looking for:

• Education: Bachelor's degree in finance or accounting or related field required. CPA preferred.


• Experience:Previous experience in healthcare overall financial operations/controls required. Experience in payroll also required.Knowledge of inpatient psychiatric and chemical dependency hospital finance preferred. Proficient in use of Microsoft Office applications and has used computer workstation in previous roles in hospital.

Why join us:

We believe that investing in our employees is the first step to providing excellent patient care. In addition to your base compensation, this position also offers:

Comprehensive Benefits:

Multiple levels of medical, dental and vision coverage tailored benefit options for parttime and PRN employees, and more.

Financial Protection & PTO:

Life, accident, critical illness, hospital indemnity insurance, short and long-term disability, paid family leave and paid time off.

Financial & Career Growth:

Higher education and certification tuition assistance, loan assistance and 401(k) retirement package and company match.

Employee Wellbeing:

Mental, physical, and financial wellness programs (free gym memberships, virtual care appointments, mental health services and discount programs).

Professional Development:

Ongoing learning and career advancement opportunities.

More about Triangle Springs Behavioral Health Hospital:

Triangle Springs Behavioral Health Hospital in Raleigh, NC, is a 77-bed facility, and a division of Lifepoint Behavioral Health. We provide evidence-based, transformational care for a broad range of mental health and addiction concerns in a compassionate, comfortable environment. Inpatient and outpatient treatment services are available to help diagnose, manage and treat a wide range of mental health and addiction issues.

EEOC Statement

Triangle Springs Behavioral Health Hospital is an Equal Opportunity Employer. Triangle Springs Behavioral Health Hospital is committed to Equal Employment Opportunity for all applicants and employees and complies with all applicable laws prohibiting discrimination and harassment in employment.

Lifepoint Health is a leader in community-based care and driven by a mission of Making Communities Healthier. Our diversified healthcare delivery network spans 29 states and includes 63 community hospital campuses, 32 rehabilitation and behavioral health hospitals, and more than 170 additional sites of care across the healthcare continuum, such as acute rehabilitation units, outpatient centers and post-acute care facilities. We believe that success is achieved through talented people. We want to create places where employees want to work, with opportunities to pursue meaningful and satisfying careers that truly make a difference in communities across the country.