Chief Financial Officer (CFO) (Lynchburg) Job at Lifepoint Health, Lynchburg, VA

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  • Lifepoint Health
  • Lynchburg, VA

Job Description

Overview

Chief Financial Officer (CFO) role at Lifepoint Health, with Centra Behavioral Health Hospital opening Spring 2026. This leadership position is responsible for the hospital's overall financial administration, including revenue cycle, general accounting, information systems and financial reporting, in accordance with hospital and corporate policies and procedures.

The CFO will ensure internal controls are adequate to safeguard facility assets and that accounting systems generate accurate and timely financial reports. This role also includes preparation of the annual hospital budget and ongoing analytics, monitoring variances and reporting to the CEO and corporate office.

How Youll Contribute

  • Supervise and oversee the activities of the business office staff (billing, collections, financial counseling, utilization review and data processing) and maintain effective revenue cycle processes to keep patient accounts receivable at an acceptable level, while increasing the hospitals cash flow (including management of denials).
  • Ensure policies and procedures are effective and implemented to minimize risk to the facility.
  • Maintain compliance with generally accepted accounting principles and other local, state and federal guidelines as required.
  • Ensure accurate capturing and posting of all financial and daily accounting activity; ensure 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). Analyze variances and, with the CEO, develop action plans to achieve targets.
  • Maintain patient accounts receivable at amounts appropriate for market, payer, and acuity mix (measured by AR days).
  • Reconcile all balance sheet accounts monthly and implement internal controls to facilitate a clean audit opinion.
  • Typically supervise Accounting, Patient Financial Services, Purchasing, Payroll and other departments as required at the individual hospital.
  • Ensure month-end financial closing is completed accurately and timely; prepare financial statements and monthly operating review reports for co-presentation with the hospital CEO to corporate management.
  • Prepare annual operating and capital budgets for the hospital.
  • Assist the corporate finance and accounting team in the annual independent audit preparation and process.
  • Provide daily, weekly and monthly reporting of operating statistics and financial metrics as scheduled or requested.
  • Perform all other duties assigned.

What Were Looking For

  • Education: Bachelors degree in finance or accounting or related field required. CPA preferred.
  • Experience: Prior experience in healthcare financial operations/controls required. Experience in payroll also required. Knowledge of inpatient psychiatric and chemical dependency hospital finance preferred. Proficiency in Microsoft Office and experience with hospital computer systems.

Why Join Us

  • We believe investing in our employees is the first step to providing excellent patient care. In addition to base compensation, this position offers comprehensive benefits and growth opportunities.
  • Comprehensive Benefits: Medical, dental and vision coverage with tailored options for part-time and PRN employees.
  • 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: Tuition assistance, loan assistance and 401(k) with company match.
  • Employee Wellbeing: Mental, physical, and financial wellness programs, including gym memberships and virtual care options.
  • Professional Development: Ongoing learning and career advancement opportunities.

EEOC Statement : Centra Behavioral Health Hospital is an Equal Opportunity Employer. Centra 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.

Seniority level

  • Executive

Employment type

  • Full-time

Job function

  • Finance and Sales

Industries

  • Hospitals and Health Care
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Job Tags

Full time, Temporary work, Part time, Relief, Work at office, Local area,

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