Chief Financial Officer - Community Care Network/ Mental Health Services

Client: Community Care Network / Rutland Mental Health Services

Position Title: Chief Financial Officer

Website:

Location for the Position: Rutland, Vermont

About Community Care Network / Rutland Mental Health Services:

Community Care Network (CCN), comprising Rutland Mental Health Services and Rutland Community Programs, is dedicated to fostering the health and well-being of individuals, families, and communities throughout Rutland County. Guided by our mission to provide responsive, innovative, and collaborative care, we proudly serve over 3,000 people each year.

Our compassionate and skilled team is committed to making a meaningful difference through our behavioral health, developmental disabilities, substance use recovery, senior and volunteer, and early childhood education services. Joining CCN means becoming part of a supportive and professional organization that values collaboration, innovation, and community-centered care.

General Summary:

As CFO, you will play a key role in shaping the financial future of Community Care Network/Rutland Mental Health Services, guiding the organization through an exciting period of growth and transformation.

In this strategic leadership role, you will oversee all financial operations, including budgeting, financial planning, reporting, and compliance, with executive oversight of the Billing, Facilities, and Information Technology departments. You will bring a deep understanding of CCN's business cycles and services, contribute to setting business strategy, and provide insightful analysis to guide organizational decision-making. By fostering a collaborative culture and establishing strong controls, you will ensure efficient fiscal practices that align with CCN's mission and deliver measurable results.

Your Role:

Financial Strategy & Leadership

Lead the development and execution of the organization's Financial, IT, and Facilities strategies in alignment with short-term and long-term business goals.

Provide senior leadership with insights and advice, identifying trends, risks, and opportunities for improvement.

Guide decision-making around capital investment, budgeting, and overall financial planning.

Executive-level Leadership & Team Development

Build and manage high-performing teams, ensuring staff development and fostering a culture of accountability, collaboration, and innovation.

Promote professional development and continuing education for team members to keep up with evolving regulations and technologies.

Budgeting & Forecasting

Oversee the development and management of the annual operating and capital budgets.

Ensure accurate forecasting and tracking of financial performance across all departments, including revenue cycle and operational expenses.

Implement processes for regular budget variance analysis and corrective actions.

Financial Reporting & Compliance

Ensure timely and accurate preparation of financial statements in accordance with GAAP, industry standards, and regulatory requirements.

Oversee the preparation and submission of required reports to regulatory agencies and other stakeholders.

Ensure compliance with all federal, state, and local financial regulations, including those specific to the healthcare industry (e. g. , Medicare, Medicaid, CCBHC).

Revenue Cycle Management

Lead efforts to optimize the revenue cycle, ensuring efficient billing, reimbursement processes, and collections.

Identify opportunities to improve cash flow and reduce bad debt.

Monitor payer contracts and reimbursement rates, ensuring optimal financial performance and contract compliance.

Risk Management & Internal Controls

Identify and mitigate financial risks through comprehensive risk management strategies.

Ensure effective internal controls and policies are in place to safeguard the organization's financial assets.

Manage financial audit process with external auditors.

Operational Efficiency & Cost Control

Develop and implement financial policies and systems that improve operational efficiency and support the delivery of high-quality care.

Identify cost-saving opportunities and areas for financial improvement across all operational areas.

Oversee capital planning, including facilities, equipment, and technology investments.

Communication & Reporting

Maintain open communication with the Boards of Directors, external stakeholders, and financial institutions, ensuring they are informed of the organization's financial performance and strategic initiatives.

Provide regular updates to the CEO and Boards on the financial status, forecasts, and key financial performance indicators (KPIs).

Develop and present financial reports to the Boards, assisting in strategic decision-making.

Qualifications and Competencies:

Bachelor's degree in finance, accounting, or a related field; MBA, MHA, or MPA preferred.

At least 10 years of fiscal management experience, with at least 5 years in a leadership role, preferably in a healthcare finance environment

Understanding of healthcare finance, including reimbursement methodologies, government healthcare programs (Medicare/Medicaid/CCBHC), and regulations.

Proven ability to lead, influence, and drive change.

Excellent communication skills with the ability to present financial information to non-financial audiences in verbal, written and graphical form.

Strong critical thinking skills, with the ability to manage multiple priorities and work under pressure. Must have a valid driver's license, reliable transportation with personal automobile liability insurance coverage at or above the levels mandated by the State of Vermont.

Successful completion of a criminal history background check after hire.

Work Environment:

The duties of this position are performed at a single location in a professional office setting.

Travel outside of the office is required at times to perform work responsibilities and to attend meetings, seminars or other miscellaneous work-related obligations.

While the agency places considerable emphasis on health and safety, a risk-free environment cannot be guaranteed.

May require occasional after-hours work.

Benefits and Perks:

Health Insurance (HRA & HSA plan options with employer contributions and low co-pays)

Dental

Life/ AD&D

LTD & STD

Flexible Spending Account

Employee Assistance Program

Wellness Program
• RutlandMentalHealthServices

AAP/EEO Statement

The Community Care Network provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veter.