Financial Specialist III

About the role

Under the general direction of the Revenue Cycle Manager, this position serves as a key leader within the Fairfax-Falls Church Community Services Board's (CSB) fiscal team, supervising a team of professional staff and overseeing critical revenue cycle operations.

Responsibilities

• Supervise and lead a team of fiscal staff supporting the CSB’s revenue cycle.
• Oversee and perform a range of financial functions, including:
  • Data analysis and trend evaluation
  • Monthly revenue metrics presentations
  • Financial reconciliations
• Manage third-party billing, collections, and cash posting operations for all revenue cycle activities.
• Collaborate with staff involved in billing and collection for public and private payers, ensuring alignment with:
  • State, federal, and county regulations
  • Internal financial policies and procedures
• Actively participate on CSB management teams, contributing to:
  • Policy interpretation and implementation
  • Strategic planning and project coordination
  • Staffing and resource planning
• Prepare and present financial reports; analyze trends and provide regular updates to operational leadership on billing, collection, and posting activities.
• Serve as a subject matter expert on revenue cycle practices and procedures, providing leadership, coordination, and guidance across CSB programs and services.

Requirements

• Graduation from an accredited four-year college or university with either a bachelor's degree in accounting, business administration, public administration, public policy or related field; plus, three years of professional-level experience in finance, business administration, budgeting, or contract management.
• A master's degree in a related field or CPA may substitute for 1 year of experience.

Qualifications

• Ability to develop, interpret, and present complex financial reports and analyses, including:
  • Detailed projections
  • Financial scenarios related to payer reimbursement and forecasting
  • Annual budget monitoring and performance tracking
• Demonstrated initiative and expertise in researching, understanding, and resolving complex payer reimbursement issues.
• Strong written and oral communication skills, with the ability to prepare and present reports that support management decision-making.
• Proven ability to work with limited supervision, set priorities, and manage multiple tasks and deadlines.
• Extensive knowledge of governmental financial management principles, methods, and practices.
• Advanced proficiency with Microsoft Excel, Word, and PowerPoint.

Preferred Qualifications

• Master's degree in finance, business administration, health care administration or related field.
• Five or more years overseeing and managing large complex reports.
• Experience utilizing electronic health records.
• Experience with developing and presenting complex financial reports and analysis, including detailed projections and financial scenarios relative to payer reimbursement and forecasting and preparation and annual budget monitoring.
• Experience working with SAP or a similar automated accounting system.
• Five or more years of experience of mental health billing and follow-up.
• Five or more years of supervisor experience.
• Five or more years serving as revenue cycle manager for a behavioral health agency.
• Five or more years working in a managed care environment in the Commonwealth of Virginia.
• Five or more years' experience working within an electronic medical record system.

Necessary Special Requirements

• The appointee to this position will be required to complete a criminal background check, a Child Protective Services Registry check, and sanction screening to the satisfaction of the employer.
• A TB screening upon hire.
• Certain positions with financial responsibility within this class may be subject to criminal background checks and/or credit checks as a condition of employment and periodically thereafter, as determined by the department head.
• Applicants and employees within these positions must demonstrate financial responsibility in personal finances as a condition of employment.

Physical Requirements

• The work is generally sedentary and is usually performed in an office environment.
• Ability to communicate clearly with others orally and in writing.
• All duties performed with or without reasonable accommodations.

Selection Procedure

• Panel Interview and may include a practical exercise.