LifePoint Health

Assistant Chief Financial Officer (ACFO)

LifePoint Health$90K — $120K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Strong knowledge of generally accepted accounting principles (GAAP)
  • Excellent verbal and interpersonal communication skills
  • Leadership ability with a hands-on, team-oriented approach
  • Ability to interpret financial data and identify trends
  • Knowledge of hospital financial operations, reimbursement, and reporting
  • Minimum of 3 years of experience at the Controller level in an acute-care, for-profit hospital required
  • CPA or Master’s Degree strongly preferred

Responsibilities

  • Assist the CFO in overseeing general accounting and financial reporting functions
  • Prepare and analyze monthly financial statements and operational budgets
  • Monitor hospital financial performance and identify trends or risks
  • Recommend budget modifications and support departmental budget development
  • Direct preparation of internal financial reports and audit work papers
  • Implement and monitor accounting controls and procedures
  • Act with full authority of the CFO in their absence

Benefits

  • Bachelors Degree in Accounting or Finance required
  • Supervise facility-level Controllers and provide leadership oversight
  • Support ethics and compliance initiatives
  • Implement cost reduction strategies and revenue enhancement initiatives
  • Work in a fast-paced, high-accountability environment
Full Job Description
JOB DESCRIPTION

Position Summary:

The Assistant Chief Financial Officer (ACFO) assists in overseeing accounting and financial reporting functions, preparing and analyzing monthly financial statements, and supporting the preparation and monitoring of annual and monthly operating budgets. Under the direction of the CFO, this role is directly responsible for daily financial operations, financial statement preparation and analysis, and cash management.

 

Required Skills:

  • Strong knowledge of generally accepted accounting principles (GAAP)
  • Strong analytical, quantitative, and problem-solving skills
  • Excellent verbal and interpersonal communication skills
  • Leadership ability with a hands-on, team-oriented approach
  • Ability to interpret financial data and identify trends
  • Knowledge of hospital financial operations, reimbursement, and reporting
  • Ability to work in a fast-paced, high-accountability environment

 

Essential Functions:

  • Assist the CFO in administering general accounting, patient business services, third-party reimbursement, and financial/statistical reporting functions
  • Prepare, analyze, and monitor monthly financial statements and operating budgets
  • Assist in development of long- and short-range operational and financial plans
  • Monitor hospital financial performance and identify trends, risks, and opportunities
  • Recommend and support budget modifications and departmental budget development
  • Direct preparation of internal financial reports and audit work papers
  • Maintain subsidiary financial records and prepare financial statements
  • Implement and monitor accounting controls and procedures
  • Supervise facility-level Controllers and provide leadership and performance oversight
  • Support ethics and compliance initiatives in alignment with company standards
  • Assist in cost reduction strategies and revenue enhancement initiatives
  • Ensure timely submission of required financial reports to government and regulatory agencies
  • Provide oversight or support for data processing, materials management, and medical records functions
  • Act with full authority of the CFO in their absence
  • Perform other duties as assigned

 

Non-Essential Functions:

  • Position serves both internal co-workers and external customers, clients, and contractors
  • Access to and/or works with sensitive and/or confidential information
  • Perform other duties as assigned

 

Physical and Mental Demands:

  • Ability to work in a fast-paced environment with multiple priorities
  • Strong attention to detail and analytical focus
  • Ability to maintain confidentiality and exercise sound judgment
  • Prolonged periods of sitting, working at a computer, and analyzing data

 

Education:

  • Bachelor’s Degree in Accounting or Finance required

 

Minimum Qualifications (Experience, Education and Certifications):

  • CPA or Master’s Degree strongly preferred
  • Minimum of 3 years of experience at the Controller level in an acute-care, for-profit hospital required
  • Strong leadership presence with a hands-on, team-oriented approach
  • Approachable, collaborative, and professional demeanor

 

About LifePoint Health

LifePoint Health is a healthcare company that owns and operates hospitals and other healthcare facilities across the United States. The company was founded in 1999 and is headquartered in Brentwood, Tennessee. LifePoint Health's hospitals offer a wide range of medical services, including emergency care, surgery, cardiology, oncology, and women's health. The company is committed to providing high-quality, compassionate care to all patients, regardless of their ability to pay. LifePoint Health is also dedicated to improving the health and well-being of the communities it serves through various community outreach programs and initiatives.
Learn more about LifePoint Health
Size
46,000 employees
Industry
Founded
1999

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