Chief Financial Officer

Responsible for maintaining corporate ledgers, budget preparation, investment management; supervision of specific line staff under the supervision of the President & CEO. Provides supervision over the business office including Financial Coordinator, Accounts Receivable Coordinator (Medicare/Contracts/EAP), Accounts Receivable Coordinator (Insurance), Accounts Receivable Coordinator (Medicaid), Accounts Receivable Coordinator (GOSH/Title XX) and Accounts Payable Specialist.

RESPONSIBLITIES/STANDARDS

Balances Corporate Ledger(s) and Prepares Financial Reports for Allwell Behavioral Health Services (ABHS):

· Annually, establishes distribution tables for posting to appropriate departments/programs in accordance with ABHS management policy.

· As needed, establishes payroll posting accounts when staff are hired and/or change positions.

· Monthly, balances cash receipts journal entries to CareLogic G/L Payment Detail report.

· Monthly, inputs cash receipts journal entries and CareLogic General Ledger Interface journal entry.

· Monthly, create and input bad debt journal entry from LWSI and CareLogic G/L Detail reports.

· Monthly, prepares and inputs appropriate journal entries to correct errors, accrue expenses and accrue revenue in compliance with generally accepted accounting principles (GAAP).

· Monthly, develops journal entry to allocate direct service payroll via units provided by each provider.

· Monthly, reconciles cash accounts in compliance with GAAP.

· Monthly, reconciles each chart of account in accordance with GAAP as driven by corporate budget(s).

· Prepares monthly financial reports (cumulative production and unit cost report; statement of revenue and expense, budget comparison reports; cash flow reports) in accordance with GAAP and ABHS procedures.

· Prepares capital report monthly in compliance with ABHS procedure.

· Annually, prepares ODMH's required Fiscal Year Actual Cost Report per OAC 5122-26-191.

Invoicing and Fund Source Reconciliation:

· Monthly, prepares invoices of non-GOSH service billings and submits to Muskingum Area Mental Health & Recovery Services (MHRS) Board.

· Monthly, reconciles MHRS Board fund source balances to report prepared by the MHRS Board Financial Coordinator.

· Original and Revised Fiscal Year Operating Budgets for Allwell Behavioral Health Services:

· Annually, develops expenditure projections, revenue projections, projected service delivery by staff and cost per unit in accordance with both OAC 5122-26-19 and ABHS's P&P No.

4.0002. Budget development involves input from County and Program Directors and senior management.

· Annually, prepares Original and Revised Budgets' Operating Plan Comparison Reports for submission to ABHS's Board of Directors for action.

Investments of Allwell Behavioral Health Services:

· Plans investment maturity schedule to allow for adequate cash flow in compliance with ABHS board policy.

· As needed, contacts banks for current interest rates and makes recommendation to supervisor for suitable investment in accordance with ABHS board policy.

· Ongoing, maintains log of investments and interest earned as observed by supervisor.

· Daily, monitor bank accounts via online banking. Record ACH deposits and forward list of deposits to appropriate staff for posting to client accounts.

Annual Form 5500 Preparation and Filings for Allwell Behavioral Health Services:

· Annually, prepares ABHS Gainsharing Plan year end census data, contribution recommendation and contribution distribution and submits to Pension Plan administrator for discrimination testing and posting to individual accounts, and reviews the Form 5500 for accuracy.

· Annually, prepares and files Form 5500 for ABHS Group Health Plan, ABHS Disability Plan, ABHS Vision Plan and ABHS Group Dental