Chief Financial Officer Full Time

Korn Ferry is pleased to partner with Caminar to lead the search efforts for their next Chief Financial Officer (CFO). Caminar is a leading non-profit behavioral health organization that supports youth and adults across multiple counties in Northern California and the San Francisco Bay Area. Caminar builds strength and stability through comprehensive mental health and substance use treatment, and wrap-around services, delivered through evidence-based, whole-person care. Founded in 1964, Caminar’s vision is to be a beacon of safety, compassion, and fulfillment, supporting all those in our communities who need it most. Our mission is to build strength and stability through comprehensive mental health and substance use treatment delivered through evidence-based, whole-person care.

Experience and Professional Qualifications:

• Master’s degree in accounting and finance, Business Administration, or related field preferred.
• 5+ years of accounting and finance leadership expertise with proven experience in a significant senior-level financial management role and a track record of strategic and tactical leadership abilities.
• Revenue cycle management including healthcare reimbursement experience is required.
• Senior management level experience from a healthcare or behavioral health services related organization is preferred.
• A genuine passion and deep appreciation for the mission of the Organization.
• Demonstrated skills in building, motivating, and retaining high-performance teams.
• Knowledge of all aspects of generally accepted accounting principles (GAAP).
• Entrepreneurial, results-oriented, strategic thinker with strong financial planning and forecasting skills.
• Advanced computer skills, including proficiency in MS Office (Excel, Word, & Outlook) and financial reporting software.
• Depth of knowledge about using clinical performance, financial reporting and operations analysis to support continuous quality improvement from the finance side.
• Adept in fiscal management principles and processes including resource management, needs assessment, as well as best practices development and implementation.
• Strong organizational, management, communication and analytical skills, and attention to detail.
• Expertise in financial accounting, budget development and reporting, project and grant management and internal controls.
• Must-haves: California county/Medi-Cal behavioral health finance; end-to-end RCM leadership in community-based care; grants/restricted funds mastery; Board-facing storytelling.
• Nice-to-haves: Value-based reimbursement design, EHR migration experience, ASC 842, multi-county growth/M&A integration.

Key Responsibilities:

• Direct and manage the finance and accounting teams and develop the financial strategy for the organization in partnership and collaboration with the CEO, and executive leadership.
• Drive and manage the financial planning and budgeting processes including creating and overseeing action plans to ensure annual financial objectives are achieved.
• Direct revenue cycle operations to ensure that accounts receivable are collected promptly and uncompensated care is minimal.
• Manage the rate setting, analysis and negotiations with payors.
• Achieve goals for cash collections, accounts receivable, and to reduce bad debt and denials.
• Routinely review revenue cycle metrics to proactively identify and address issues affecting overall revenue cycle management.
• Ensure front-end revenue cycle processes are implemented including making certain insurance verification is completed on all patients.
• Manage and direct our billing department responsible for claims analysis and submission to our payors.
• Manage and direct the operations and risk management team.
• Maintain a thorough working knowledge of federal, state, and managed care reimbursement methodologies to ensure that Organization is paid accurately and revenue is maximized.
• Collaborate with the Regional Executive Directors, and Director of IT to develop value-based metrics such as productivity rates, service cost analysis, and partner on clinical and programmatic outcomes required in reimbursement methodology of public and private insurance/payers.
• Work in partnership with the Chief Development Officer and CEO to plan and collect revenue from development and fundraising opportunities and collaborate with program leadership to support grant management and reporting activities.
• Ensures full transparency over the financial performance of Organization and effective and communicate potential risks promptly to the CEO and Board of Directors.
• Provide timely and accurate analyses of budgets, financial reports, and trends to assist the CEO and other senior managers in performing their responsibilities.
• Advise management on how to increase revenue and reduce costs through use of variance reporting and associated management activities to improve performance on budget.
• Manages financial controls and accounting procedures including developing and maintaining systems of internal financial controls and adherence to accounting principles and procedures.
• Work closely and transparently with all external partners including audit firm, banking and financial institutions, consultants, and vendors. Negotiate and maintain leases and contracts as needed.
• Direct cash flow planning as well as investment and asset management. Ensure availability of funds and that cash flow is appropriate for the organization’s operations.
• Create a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
• Develop financial metrics and reports to make sure monthly and annual financial statements are completed accurately and on time.
• Monitor financial performance by measuring and analyzing results, initiating corrective actions, and minimizing the impact of variances.
• Partnership Interfaces – CFO collaboration map: CEO, CDO (development), Clinical Ops, IT/Data, HR/Talent, Programs/Eds.

The estimated annual target compensation is $260,000-280,000 dependent on experience and skillset.

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Korn Ferry shall provide equal employment opportunity to all qualified candidates, and will refer candidates without regard to race, color, religion, national origin, sex, age, disability, veteran status or any other legally protected basis.

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