Job description
POSITION SUMMARY:
The Chief Financial Officer (CFO) provides leadership and direction to our Revenue Cycle and Finance Directors representing several Hospitals and Healthcare Entities.
ESSENTIAL FUNCTIONS:
- To perform this job, an individual must perform each essential function satisfactorily with or without reasonable accommodation.
- Responsible for driving strategic operational and financial operations initiatives.
- Provide oversight and leadership on financial controls, month-end financial close, and budget preparation process.
- Ensure accurate financial reporting, including audit and compliance.
- Ensure accurate billings to health plans.
- Provide financial analysis to Facility CEO in support of operational considerations.
- Create an environment of accountability in achieving budgeted metrics and/or targets.
- Identify opportunities for financial operations improvement and/or increased compliance with established financial controls.
- Support System/Market/Facility CEO in the selection of Finance Directors, as well as ongoing assessment of performance.
- Assume a lead role in analyzing and exploring means of reducing facility operating costs and increasing revenues based on knowledge of market trends, financial reports and operating procedures.
- Regular and reliable attendance.
- Perform other duties as assigned.
Additional Information:
- Position serves both internal co-workers and external customers, clients, patients, contractors, and vendors. The following departments would report to the CFO – Finance, Human Resources, Materials Management, Revenue Cycle, Registration, Health Information Management, Cash Posting, Contracting, and Credentialing.
- Direct oversight for the accounting for 3 hospitals, hospital management company, a foundation, and a Family Medical Residency.
- Access to and/or works with sensitive and/or confidential information.
- Exhibit a comprehensive understanding of healthcare regulatory and compliance (e.g., HIPAA). Skilled in the application of policies and procedures. Knowledge of Business Office Standards and Recommended Practices.
- Knowledge of Generally Accepted Accounting Principles (GAAP), Securities and Exchange Commission (SEC) regulations, and state regulatory environments as needed.
- Travel Requirements (25%): Quarterly visits to our corporate office
SUPERVISORY RESPONSIBILITIES:
Manage the work of others, including planning, assigning, scheduling and reviewing work, ensures quality standards. Responsible for hiring, terminating, training and developing, reviewing performance and administering corrective action for staff.
JOB REQUIREMENTS KNOWLEDGE, SKILLS & ABILITIES:
- The requirements listed below are representative of the knowledge, skills and/or abilities required.
- Education: Bachelor's Degree in Accounting, Finance, and/or Business, Master’s Degree Preferred
- Experience: Minimum 20 years of Executive Finance Experience.
- Certifications: Certified Public Accountant (CPA) Certification Preferred.
Skills and Abilities:
- Business Mathematical Skills -- Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rates, ratios, and percentages and to draw and interpret graphs.
- Advanced Computer Skills -- Routine use of electronic mail and computer systems. Ability to incorporate complex and complicated functions into documents, spreadsheets, databases, and presentations to support business objectives. MUST have advanced Microsoft Office skills, i.e. word, excel, and power point.
- Organizational Communication -- Handles broad-based complex information across departments with company-wide impact. Presents to diverse audiences, and can negotiate, motivate and persuade others.
- Organizational Business Problems -- Problems are broad, complex and abstract, often involving company-wide issues. Must develop solutions using substantial creativity, resourcefulness, innovation, negotiation and diplomacy.
- Organizational Impact -- Decisions have significant, broad implications for the management and operations of a division. Job contributes to decisions on the overall strategy and direction of Boa Vida.
- Organizational Judgement -- Sets direction and vision for major departments or multiple departments. Establishes priorities, develops policies and allocates resources for LifePoint.
- Organizational Planning/Organization -- Prioritize, organize, and delegate project assignments company-wide: responsible for project outcomes.
PHYSICAL AND MENTAL DEMANDS:
- The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job responsibilities.
- While performing the duties of this job, the employee is occasionally required to stand; walk; sit for extended periods of time; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop, kneel, bend, crouch or crawl; talk or hear; taste or smell. The employee must occasionally lift and/or move up to 20 pounds. Repetitive motion of upper body required for extended use of computer. Required specific vision abilities include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.
WORK ENVIRONMENT AND TRAVEL REQUIREMENTS:
- The work environment characteristics described here are representative of those that an employee may encounter while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job responsibilities.
- Works in well-lit, ventilated and climate-controlled office environment with routine office equipment; some equipment has moving mechanical parts.
- The noise level in the work environment is typical for an office and/or hospital environment.
Equal opportunity and affirmative action employers and are looking for diversity in candidates for employment: Minority/Female/Disabled/Protected Veteran
Job Type: Full-time
Salary: $150,000.00 - $350,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- 8-hour shift
- Monday to Friday
Experience:
- Rural Healthcare: 5 years (Preferred)
- CAH: 5 years (Preferred)
Work Location: Fully Remote
Job Type: Full-time
Pay: $150,000.00 - $350,000.00 per year
Benefits:
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Experience:
- CAH: 5 years (Preferred)
- Rural Healthcare : 5 years (Preferred)
Work Location: Remote
