5-7 years of progressive managerial experience in financial/accounting roles, specifically within a Critical Access Hospital setting.
CFO-level experience or equivalent in financial decision-making and operations management.
Knowledge of revenue cycle management and proven success in optimizing financial performance.
Experience in a non-profit healthcare environment preferred.
Master's degree in finance or related field, CPA is a plus.
Responsibilities
Oversee all financial operations within the hospital, ensuring accountability and compliance.
Collaborate with management to craft and execute financial policies, objectives, and strategies.
Lead hospital staff in financial decision-making, fostering ownership and support for financial goals.
Ensure adherence to financial regulations and compliance requirements.
Advise on financial aspects during the expansion of services to enhance revenue.
Identify and eliminate non-value costs to manage expenses effectively with executive leadership.
Analyze and engage in performance improvement initiatives across the organization.
Benefits
Opportunity to be part of a senior management team in a critical healthcare facility.
Impactful role with the chance to shape financial and operational strategies.
Relocation assistance for candidates moving to Moscow, Idaho area.
Engagement with the Board and community, enhancing visibility and influence.
Professional growth through exposure to strategic planning and financial leadership.
Full Job Description
Summary:
As a member of the Hospital's senior management team, the Chief Financial Officer (CFO) will participate in the financial and functional decision-making processes necessary for the successful attainment of the hospital's mission, in addition to maintaining an awareness of changes in healthcare matters that could have an impact on the success of the hospital. This role requires relocation to the Moscow, Idaho area.
Duties and Responsibilities:
Overall financial operations of the acute-care facility including accounting, budgetary, audits, tax, and other financial planning activities within the hospital organization; including management of respective department heads.
Working with system management to develop and implement policies and procedures, short- and long-range goals, objectives and plans.
Providing financial leadership to hospital managers, directors and officers that will enroll support, create ownership of goals, and encourage active participation in decisions that impact the hospital.
Ensuring the hospital meets necessary financial regulatory and compliance requirements.
Contributing financial expertise in the planning of new services that generate additional sources of profitable revenue.
Managing costs by continually seeking data that will identify opportunities and take action to eliminate non-value costs in conjunction with the hospital's Chief Executive Officer and Chief Nursing Officer.
Analyzing areas in planning, promoting, and conducting organization-wide performance improvement activities.
Representing the hospital at meetings including medical staff, hospital board of director meetings as well as relevant community meetings as needed.
Participating in the hospital's monthly operation reviews as well as participating in corporate office meetings as deemed necessary.
Responsible for the administrative aspects of leading the department/team to include budgeting, time approvals, staff evaluations and expense approvals.
Interaction and presentations to the Board on a regular basis.
Other duties as required.
Knowledge, Skills. and Abilities:
Ability to establish and maintain effective working relationships with hospital staff, the Board, and community.
Knowledge and practical experience with Critical Access Hospitals and management of operations.
Demonstrated ability to cope with and manage change, maintain relationships with emotional maturity and self-motivation.
Experience to include strategic oversight with an emphasis on financial reporting analysis and cash flow management;
Revenue cycle knowledge and problem-solving skills.
Expense management.
Public relations abilities.
Excellent verbal and listening skills.
Ability to maintain confidential information concerning personnel, financial or medical matters.
Responsible for the administrative aspects of leading the department/ team to include budgeting, time approvals, staff evaluations and expense approvals.
Work Experience, Education, and Certifications:
Previous CFO level or equivalent experience within a Critical Access Hospital environment required.
Previous experience within a non-profit environment.
Minimum 5 years or the equivalent of financial/accounting progressive managerial experience in a Critical Access Hospital environment.
Experience with Revenue Cycle and track record of success required.
Must be proficient in written and verbal communication skills.
