Chief Financial Officer - Behavioral Health
North Carolina - Hybrid
Overview: A rewarding leadership opportunity awaits the new Chief Financial Officer of a forward looking non-profit behavioral healthcare organization – Monarch. The planned retirement of their current CFO creates a demand for an innovative financial professional to join the executive team. As a strategic partner to a dynamic, change oriented CEO, the CFO will oversee financial operations and provide guidance and support for Monarch’s development as the premier community behavioral health and human service organization serving the region.
Reporting to the Chief Executive Officer and as a member of the executive leadership team, the CFO will play a key role in advising the organization and its leadership – both staff and Board - about the strategic development of people, programs, systems, and all assets that will preserve the organization’s financial stability and position it to thrive in the evolving healthcare marketplace. The CFO will be a working executive while providing operational oversight for the full range of financial and business management activities and for key administrative and support functions. As an ambassador for the Agency, the CFO will work with internal and external stakeholders on a regular basis.
Monarch (https://monarchnc.org) is a values-driven, $100M+ North Carolina-based healthcare and human services organization that provides hope, promotes wellness, and empowers individuals and families impacted by mental illness, substance use disorders, intellectual and developmental disabilities, and traumatic brain injury. Monarch is nationally accredited by The Joint Commission. Its 1500-member staff provides a broad array of Behavioral Health Services, Long-Term Supports & Services and Tailored Care Management though 130 sites across the state.
Ideal Candidate Profile: Our “Ideal" candidate will be a financial professional with management and leadership experience in behavioral healthcare or health systems whose work has demonstrated the following experiences, traits, and characteristics:
A successful track record leading strategic initiatives and building innovative support systems while maintaining a hands on, roll-up-your sleeves approach to operations.
Capability as a “big picture” executive while ensuring that all financial systems and procedures run smoothly and providing the CEO and Board with timely and accurate important financial information
Strength in financial “modeling” and planning are essential; be data-driven
Experience driving organizational performance through the evolution of healthcare and decision-support technology including the integration of financial, human resource, and clinical reporting systems
A foundation in Medicaid reimbursement and cost-finding methodologies should be coupled with a working knowledge of a range of current healthcare contracting approaches.
Have an “executive presence” with an ability to be a credible voice for Monarch to staff, elected officials, payers, and colleagues across the state; possess integrity, humility, confidence, transparency, and a strong work ethic
Be flexible and adaptable in a rapidly changing health care environment; have a track record of being innovative and entrepreneurial
Comfortable partnering with the CEO and Board and executive team colleagues in leading organizational change
Have an ability to balance the goals of a mission-driven organization with one that flourishes with a strong business orientation
Able to be a leader and motivator, a commitment to “team”, and have strong “Emotional Intelligence” attributes
Enjoyment of a fast-paced environment that blends entrepreneurial challenges with integrity and accountability is a must.
Have a commitment to serving a culturally diverse community with a staff equally committed to inclusion
Exceptional relationship-building and communication skills are paramount.
A Bachelor's degree in Accounting, Finance or a comparable business discipline is required. Master of Business Administration (MBA) and/or a Certified Public Accountant (CPA) are highly preferred. At least 10 years of progressive accounting and finance experience including 5 years or more as a CFO are required. Significant experience working in a large and complex healthcare delivery system with proven financial, budgetary, and capital planning expertise.
Location: Home-based in Albemarle, North Carolina, the executive leadership team has been working in a hybrid environment since well before COVID. Given the organization’s broad geographic reach across the state, a successful candidate may choose to live anywhere that allows regular contacts within the organization and with its key stakeholders.
To compete for this exciting leadership opportunity as Chief Financial Officer of Monarch or to request additional information, send your resume, in confidence, to:
Ronald W. Morton, MPA, CBHE
Vice President, The Meyers Group
Executive Search Consultants
(301) 625-5600 X 2