$200K - $250K(Ladders Estimates)
The Chief Financial Officer directs the organization's financial planning and accounting practices as well as its relationship with lending institutions, shareholders and the financial community. Oversees and directs treasury, budgeting, audit, tax, accounting, purchasing, real estate and insurance activities for the organization. Oversees procedures and systems necessary to maintain proper records and to afford adequate accounting controls and services. Appraises the organization's financial position and issues periodic financial and operating reports. Analyzes, consolidates and directs all cost accounting procedures together with other statistical and routine reports. Directs and analyzes studies of general economic, business and financial conditions and their impact on the organization's policies and operations.
Principle Job Functions:
• Responsible for the facility's long-term and short-term financial process.
• Directs and participates in the development of accounting, admission, credit/collection and internal control policies and systems and addresses related policy/system issues.
• Coordinates and controls the facility's cash and investment management activities.
• Provides advice and guidance as necessary in preparing and analyzing financial reports and executing appropriate responsive actions.
• Assists in evaluating the adequacy of the hospital's insurance coverage and in handling special/sensitive cases or problems and providing advice and guidance as necessary in preparing and analyzing risk management and insurance reports and appropriate executive responsive actions.
• Serves as a liaison between the department directors and other hospital executives/ managers in coordinating interdepartmental planning efforts and addressing major issues.
• Coordinates and controls the facility's short-term cash activities in accordance with established financial policies and objectives.
• Evaluates data processing needs on an ongoing basis and adapts programs to changing needs.
• Directs the hospital's banks in executing cash management decisions and works with the appropriate investment managers in coordinating fund transfers and monitoring investment performance.
• Recommends appropriate actions and strategies to respond to projected economic trends and/or regulatory changes.
• Participates in the analysis of the financial implications of proposed capital projects and expenditures and recommends the execution of appropriate measures to respond to projected economic trends and/or regulatory changes.
• Provides advice and assistance to department heads and managers in analyzing and interpreting financial data and reports and in presenting that information to their departments and/or physician groups.
• Ensures that accurate information is provided on a timely basis and assists, as needed, in facilitating the efficient conduct of external audits, examinations and related financial projects.
• Master's Degree in Accounting or Finance or other related field is required.
• Three years of prior management experience in a hospital or healthcare setting required.
• Five years of progressive experience in healthcare accounting and finance required.
• CPA required
Valid Through: 2019-10-28