Chief Financial Officer - The BridgeWay

The BridgeWay; North Little Rock (AR); On-site; USD 150,000 - 230,000; Full time

Benefits offered by this job

Competitive Compensation

Excellent Medical, Dental, Vision

401k plan with company match

Generous Paid Time Off

Relocation benefits

Bonus opportunity

UHS Stock opportunity

Job summary

The BridgeWay in North Little Rock, Arkansas, seeks a Chief Financial Officer to lead all financial operations for a behavioral health facility. You will oversee accounts receivable, budgeting, and costing, ensuring cash flow and profitability while aligning with hospital standards.

Responsibilities include financial reporting, policy development, and cross‑department coordination with Intake, Utilization Review, and clinical leadership to maximize patient revenue and compliance.

Qualifications

• Minimum of 5 years of experience in a financial leadership role in a healthcare setting.
• Bachelor's degree; Master's degree preferred.
• Knowledge of hospital financial operations, federal and local tax regulations; knowledge of all business office, accounting, payroll and other administrative office operations.

Responsibilities

• Monitors and controls accounts receivables. Closely oversees Business Office functions to ensure cash collection goals are met, and net revenue is properly stated.
• Improves the profitability of the hospital by monitoring costs, staffing, payor mix and length of stay to maximize reimbursement.
• Develops policies and procedures within GAAP and corporate guidelines to ensure cash flow, reduced operating costs, and increased revenues.
• Prepares monthly financial statements, financial packages, and other informational reports/analyses with variance analysis and internal controls.
• Provides required reporting and reconciliations for Reimbursement, Tax, Auditors, etc.
• Prepares annual budget in conjunction with UHS standards and highlights anticipated changes.
• Performs other duties as assigned/required.

Skills

Financial leadership

Healthcare accounting

Budgeting

Financial analysis

Regulatory compliance

Education

Bachelor's degree

Master's degree preferred

Tools

Excel

Job description

Responsibilities

The BridgeWay, located in North Little Rock, Arkansas, is a 127 bed facility that offers both inpatient and outpatient programs designed to help children, adolescents and adults who are experiencing those behavioral, emotional or addictive problems that can lead to fractured lives. Founded in 1983 BridgeWay has been serving Arkansans for 35 years in the same picturesque location nestled in the wooded hills of Central Arkansas. BridgeWay is less than 20 minutes away from Bill and Hillary Clinton National airport and downtown Little Rock. Little Rock is a midsize city offering everything from a arts and entertainment, nightlife, outdoor activities and many sporting events.

The Chief Financial Officer

• Monitors and controls accounts receivables. Closely oversees Business Office functions to ensure cash collection goals are met, and net revenue is properly stated. Facilitates weekly A/R meeting with CEO and Business Office Manager to communicate results and monitor areas of weakness. Monitors and affects as needed relationship between Business Office, Intake and Utilization Review departments to maximize patient revenue.
• Improves the profitability of the hospital. Continually monitors costs in all areas, especially staffing as it relates to patient volume. Continually monitors payor mix and length of stay to maximize reimbursement. Assists in negotiation of contract terms with third party payers. Prepares pro-forma analysis of new program, contracts, etc. to determine estimated outcome. Monitors and evaluates success/failure of implemented program including physician arrangements.
• Develops policies and procedures. Develops and monitors policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced hospital operating costs, and increased revenues.
• Prepares monthly financial statements, financial packages, and other informational reports/analyses. Through account analysis, variance analysis, journal entries, and internal controls, prepares detailed financial statements to accurately reflect the monthly operating results.
• Provides required reporting. Provides reconciliations, account analyses, and other information for Reimbursement Department, Tax Department, Auditors, etc., to aid in preparation of reports.
• Prepares annual budget in conjunction with UHS standards. In cooperation with management and department heads, reviews prior financial results and discusses anticipated changes to highlight future needs and trends of the facility. Tailor's hospital needs to UHS objectives.
• Performs other duties as assigned/required.

Qualifications

Minimum of 5 years of experience in a financial leadership role in a healthcare setting.

• Minimum education requirement of a bachelor's degree. Master's degree preferred
• Must possess a working knowledge of hospital financial operations, federal and local tax regulations; knowledge of all business office, accounting, payroll and other administrative office operations including all processes from registration through discharge.

Must be skilled at interpreting financial analysis and performance information; preparing schedules and reports, using source data and compiling reports from others' schedules; using electronic spreadsheets and ability to manipulate data within proprietary and acquired databases.

• 2% Travel

This Opportunity Offers The Following

• Challenging and rewarding work environment
• Growth and Development Opportunities within UHS and its Subsidiaries
• Competitive Compensation
• Excellent Medical, Dental, Vision and Prescription Drug Plan
• 401k plan with company match
• Generous Paid Time Off
• Relocation benefits
• Bonus opportunity
• UHS Stock opportunity

About Universal Health Services

Headquartered in King of Prussia, PA, Universal Health Services, Inc. (NYSE: UHS) is one of the nation's largest and most respected providers of hospital and healthcare services. Since our founding in 1979, UHS has grown steadily into a premier Fortune 500® corporation perennially recognized by multiple esteemed national rating entities. Through its subsidiaries, UHS operates inpatient acute care facilities, inpatient behavioral health facilities, outpatient and other facilities, nationwide virtual behavioral health services, an insurance offering, a physician network and various related services with physical locations in the U.S., Puerto Rico, Ireland and United Kingdom. www.uhs.com.

EEO Statement

All UHS subsidiaries are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates. UHS subsidiaries are equal opportunity employers and as such, openly support and fully commit to recruitment, selection, placement, promotion and compensation of individuals without regard to race, color, religion, age, sex (including pregnancy, gender identity, and sexual orientation), genetic information, national origin, disability status, protected veteran status or any other characteristic protected by federal, state or local laws.