Chief Financial Officer (CFO - Women's Health)

at  BSM Consulting

EDUCATION AND EXPERIENCE

• Bachelor’s degree in accounting or related degree required; CPA and/or MBA highly desirable.
• Minimum of 6 years of managerial and accounting experience within a private equity / MSO healthcare model required.
• Experience with multisite accounting / reporting and consolidation of financial statements.
• Experience with acquisitions, integrations, and physician practice management roll-ups.
• Immediate past employment in at least one of the following positions: Controller, Director of Finance, CFO.

ESSENTIAL SKILLS AND ABILITIES

• Excellent leadership and team-building skills, with the ability to build out, inspire, motivate, and develop team members while holding them accountable.
• Quantitative and analytical skills.
• Ability to present complex materials in a manner that is easily understood.
• Knowledge of generally accepted accounting principles (GAAP), ideally in a medical industry setting.
• Skilled working with banks, private equity, covenants, insurance & cash pay, cash forecasting, and audits.
• Ability to assess, build out, and implement processes.
• Demonstrated experience preparing and managing budgets.
• Tech savvy; fluency in accounting software.
• Familiarity with professional corporations, productivity reporting, accounts receivable management, provider contracting issues, doctor compensation methodology, human resource regulations, and general state/federal regulations impacting medical practices and small businesses (e.g., HIPAA, OSHA, FWA, etc.).
• Experience in negotiating general business contracts including insurance, vendor supply contracts, and loan / lease terms.
• Ability to develop an overall financial risk management plan including general liability insurance.
• Proven ability to implement safeguards to minimize threats of theft and embezzlement.

• Builds corporate level of platform from scratch in collaboration with Casla Partners (selecting and implementing ERP/accounting system, payroll vendor, procurement, other tech solutions, auditor, etc.).
• Develops and implements financial strategies to support the organization’s goals and objectives.
• Oversees financial planning, budgeting, forecasting, and reporting.
• Analyzes financial performance, identifies trends, and provides insights to support decision-making.
• Thoroughly understands, reviews, controls, and audits the accounting and computer systems as they relate to financial and revenue cycle management / reporting.
• Ensures that proper accounting controls are in place.
• Oversees all bookkeeping and financial reporting functions, including internal bookkeeping, external accountant, practice accountants, and bookkeepers.
• Monitors the billing and collection process to facilitate a healthy turnover and maximum collections of accounts receivable.
• Oversees cash flow planning and ensures availability of funds as needed.
• Coordinates with outside accounting resources as necessary to manage tax liabilities and impacts.
• Provides validation of accurate reporting, reconciliation of all accounts, and compliance with state and federal reporting requirements.
• Analyzes the cost / benefit and feasibility of opportunities for the practice.
• Supports mergers, acquisitions, and other strategic initiatives.
• With direction from the MSO, negotiates and maintains all insurance coverage for the practices and organization.
• Coordinates all activities with the management team to maximize efficiencies of resources in the practice.
• Manages direct reports and development of team.
• Works with other teams as needed on human resource-related issues (metrics, compliance, etc.).
  Casla Partners / Optimal Healthcare Partners have partnered with BSM Consulting to conduct the recruiting process.