Associate-Chief Financial Officer

Baptist Memorial Health Care Corporation

$120K — $150K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in a related field required; Master's preferred.
  • Minimum 5 years of leadership experience in finance required.
  • Strong understanding of hospital financial operations is essential.
  • Proficiency in financial planning and strategic analysis is crucial.
  • Ability to mentor and develop finance staff is important.

Responsibilities

  • Assist CFO in managing hospital financial operations including accounting and budgeting.
  • Oversee financial performance across various departments to identify improvement opportunities.
  • Support CFO in developing financial strategies aligned with organizational goals.
  • Assist with forecasting, productivity analysis, and capital planning for sustainability.
  • Participate in preparing and reviewing monthly financial statements and reports.
  • Evaluate utilization metrics to ensure efficient resource allocation.
  • Mentor financial staff to enhance their analytical skills and operational awareness.

Benefits

  • Collaborative work environment with department leaders.
  • Opportunities for professional development and mentorship.
  • Engagement in strategic financial decision-making.
  • Contributions to improve hospital operational efficiency.
  • Focus on sustainable financial health of the organization.
Full Job Description
Overview

Job Summary
The Associate Chief Financial Officer supports the hospital's financial operations and strategic decision-making to ensure the organization's fiscal health and sustainability. This role assists the Chief Financial Officer (CFO) in overseeing accounting, budgeting, revenue cycle, and financial planning activities while maintaining compliance with regulatory requirements and corporate policies. The Associate CFO collaborates closely with department leaders to enhance operational efficiency, manage expenses, and drive performance improvement.

Job Responsibilities
• Assists the CFO in managing all aspects of hospital financial operations, including accounting, budgeting, audits, tax reporting, and financial planning.
• Oversees and evaluates financial performance across service lines, departments, and cost centers, identifying opportunities for improvement.
• Supports the CFO in developing and implementing financial strategies that align with the hospital's operational and strategic objectives.
• Assists with forecasting, productivity analysis, and long-term capital planning to ensure sustainable financial performance.
• Participates in the preparation and review of monthly financial statements, variance analyses, and operational performance reports.
• Evaluates utilization, productivity, and expense management metrics to ensure efficient resource allocation.
• Mentors and develops financial staff to enhance analytical capabilities and operational awareness.

Specifications
Experience
Description Minimum Required Preferred/Desired
Bachelor's Degree in a related field. Master's Degree in a related field

Education
Description Minimum Required Preferred/Desired
Five (5) years of leadership experience in finance.

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