Chief Financial Officer- Kirkland, WA

Fairfax Behavioral Health - United States (30+ days ago)


One of the nation’s largest and most respected hospital companies, Universal Health Services, Inc. (UHS) has built an impressive record of achievement and performance. Steadily growing from a startup to an esteemed Fortune 500 corporation, UHS today has annual revenue nearing $10 billion. In 2017, UHS was recognized as one of the World’s Most Admired Companies by Fortune; ranked #276 on the Fortune 500, and listed #275 in Forbes inaugural ranking of America’s Top 500 Public Companies.

Our operating philosophy is as effective today as it was 40 years ago: Build or acquire high quality hospitals in rapidly growing markets, invest in the people and equipment needed to allow each facility to thrive, and become the leading healthcare provider in each community we serve. Headquartered in King of Prussia, PA, UHS has more than 81,000 employees and through its subsidiaries operates more than 320 acute care hospitals, behavioral health facilities and ambulatory centers in the United States, Puerto Rico, the U.S. Virgin Islands and the United Kingdom.

Fairfax Behavioral Health is seeking a dynamic and talented CFO. Founded in the 1930’s, Fairfax has served the behavioral health needs to the Greater Puget Sound area for more than 80 years, continuously building a reputation for providing the best and most compassionate patient centered care.

Fairfax Behavioral Health operates a 157-bed, standalone psychiatric hospital, located in Kirkland, WA; composed of six units providing specialized treatment for mental health and co-occurring disorders (concurrent mental illness and substance abuse issues), as well as detoxification services for both adolescents and adults.

Fairfax also operates a 30-bed adult general psychiatric unit, located in Everett, WA on the seventh floor of the Providence Medical Center’s Pacific campus. As well as, a 34-bed unit on the campus of EvergreenHealth Monroe; Fairfax cares for both voluntarily admitted and involuntarily committed patients at all locations.

To learn more please visit: http://www.fairfaxhospital.com

Chief Financial Officer Fairfax Behavioral Health The ideal CFO will have extensive experience in Hospital Facility and Outpatient Healthcare Financials preferably in a behavioral health setting. This position is a member of the hospitals leadership team. Providing financial leadership and day to day financial management. Including oversight of business office operations, accounts payable, accounts receivable, payroll, general accounting, general ledger, monthly close, yearly close, financial reporting, budget preparation and FTE management.

  • Monitor and control accounts receivables. Closely oversees Business Office functions to ensure cash collection goals are met, and net revenue is properly stated.
  • Improve the profitability of the hospital. Continually monitor costs in all areas, especially staffing as it relates to patient volume.
  • Develop and monitor policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced hospital operating costs, and increased revenues.
  • Prepare monthly financial statements, financial packages, and other informational reports/analysis
  • Provide reconciliations, account analysis, and other information for Reimbursement Department, Tax Department, Auditors, etc., to aid in preparation of reports.
  • Prepare 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.

Job Requirements

  • Minimum of 5 years of experience in a financial leadership role in a healthcare setting. Behavioral health strongly preferred.
  • Minimum education requirement of a Bachelor's degree, Master's degree preferred
  • Proven record of success improving the profitability of a hospital by continually monitoring costs in all areas, especially staffing as it relates to patient volume.
  • At least 5 years of experience overseeing the Business Office functions to ensure cash collection goals are met, and net revenue is properly stated.

Job Type: Full-time