A Virtual Mental Health Practice
 is hiring a fractional

Chief Financial Officer

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This is a Featured Job

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You’ll receive an update within 14 days
If the company is interested, we’ll intro the two of you directly

Weekly Commitment

10 - 15 hrs

Compensation Range

$200 / hr

Company Stage

Bootstrapped, profitable

Industry

Healthcare

Location

Remote (USA only)
moonlight ok
moonlight ok
convert full-time
convert full-time
equity offered
equity offered
hands-on needed
hands-on needed

Note: We've kept the name of the company private. If you'd like to know the company before requesting an intro, just email us at hello [at] fractionaljobs.io

About Us

We are a NY-based behavioral health practice providing virtual therapy and related services. We're focused on expanding our services, both into new areas like psychiatry, and growing into new states beyond NY.

We generate between $5MM - $10MM in annual revenue, and have 50 clinicians on the team.

About the Work

We're looking for a Fractional CFO to oversee our financial operations, provide strategic insight, and help us scale our behavioral health practice to new heights.

Specifically, you'll:

  • Oversee all financial reporting, with a focus on accurate data, so we can properly track our key financial metrics
  • Own forecasting, modeling, and budgeting for our growth plans
  • Collaborate with and hold the RCM team accountable, establishing KPIs, reducing denials, and tightening collections across commercial and Medicaid payers
  • Own financial consolidation across our MSO and professional entities, ensuring accurate, timely reporting that buyers and investors can trust
  • Provide expertise on insurance-based revenue models
  • Oversee the buildout of custom financial dashboards built on top of our data sources (Quickbooks, our EHR)
    • This will likely require bringing in an external data engineering specialist to structure and move the data into a warehouse, hook up a BI tool (e.g. Looker), and more
  • Prepare the organization for a successful exit in the next 3–5 years

We're expecting this to be a fractional role for about 10 - 15 hrs / week, with potential to scale upwards during M&A prep or other major initiatives.

About You

You MUST have:

  • Played CFO, VP, Head of, etc. roles for other healthcare services businesses similar to our revenue size (around $5MM+)
    • If you don't have healthcare services experience specifically (not SaaS experience), we won't be the right fit
  • Significant experience with insurance-based revenue models and RCM teams
  • Managed data engineering projects that build custom financial dashboards, working alongside data engineers
  • Comfortable with an MSO structure and managing financials across entities
  • A strong FP&A background
  • Based anywhere in the USA only

Some nice-to-haves:

  • Behavioral health experience specifically
  • Based in EST


How to Get in Touch

Hit that "Request Intro" button below. Include any relevant links so we can get to know you better.

Your brief intro note should clearly address:

  • The healthcare services businesses, and their revenue/growth, that you've led finance for
  • Examples of any custom financial dashboard buildouts you've overseen alongside data engineers
  • Your exposure to insurance-based business models
  • Your MSO experience


If we think there's a fit, we'll reach out to schedule an intro call. Looking forward!

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