St Francis Medical Center

Chief Financial Officer

St Francis Medical Center$250K — $280K *
US-AnywhereRemote in Rhode Island, US
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting/Finance or related field required.
  • Extensive knowledge of Health Care Accounting practices and principles essential.
  • Proven experience in the Accounting profession with progressive responsibility.
  • 5-7 years of experience in hospital accounting/finance required, management experience preferred.
  • Strong management skills in budgeting, cash management, and financial performance evaluations.

Responsibilities

  • Implement policies established by the Governing Board aligned with hospital practices.
  • Deliver financial activity reports to the Governing Board or authorized committees.
  • Organize and influence department activities, ensuring adherence to accounting standards.
  • Develop and submit annual operating capital and cash flow budgets for approval.
  • Oversee financial transactions to optimize fund collection and expenditure within budget constraints.
  • Set realistic and measurable goals, ensuring effective outcomes and drive for success.
  • Demonstrate adaptability to changing demands and priorities in the healthcare environment.

Benefits

  • Comprehensive benefits package allowing for personal customization.
  • Paid time off to support work-life balance.
  • 401K retirement plan for future savings.
  • Medical, dental, and vision coverage included.
  • Tuition reimbursement to encourage ongoing education and professional development.
Full Job Description
Overview

If you wish to contribute to the Prime Healthcare legacy within a Chief Executive capacity for a hospital within our family of acute care hospitals (or one of our future hospitals), then join our executive leadership network to begin exploring immediate and future opportunities!

Responsibilities

As a Chief Financial Officer leading one of our facilities, you'll be responsible for: 

  • Carrying out all policies and procedures established by the Governing Board consisted with the philosophy and practices of the Hospital.
  • Presenting to the Governing Board or to its authorized committees periodic reports reflecting the financial activities of the hospital.
  • Responsibility for planning, organizing and influencing department activities and assuring financial records of the hospital are maintained following generally accepted accounting standards.
  • Preparing an annual operating capital expenditure and cash flow budget showing the expected receipts and expenditures and such other information as required by the organization and submission of such budgets for approval.
  • Supervising financial affairs to ensure that funds are collected and expended to the best possible advantage and within the provision of the annual budgets.
  • Setting realistic goals and meets those goals through set criteria that measures effective outcomes, focus and drive.
  • Demonstrating flexibility; being willing to make changes in the work schedule and work assignments to meet changing demands/priorities.
  • Employing analytical abilities, pragmatism, and other tools to resolve complex problems in a variety of contexts.
  • Identifying problems and possible solutions; contributing to organizational performance improvement.
  • Maintaining ability to connect processes, events, and systems, demonstrating a balance between process orientation and big-picture thinking.
  • Identifying with, and sharing in the organization’s commitment to mission, philosophy and goals.

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Qualifications

In order to be considered for a Chief Financial Officer position within our facilities, you'll possess the following qualifications:

  • Bachelor degree in Accounting / Finance or closely related field.
  • Extensive knowledge of Health Care Accounting practices and principles.
  • Progressively responsible position in the Accounting profession.
  • Five to seven years experience in hospital accounting/finance required; two years in management preferred.
  • Management of hospital financial issues related to budgeting, cash management, capital finance, and performance evaluations.
  • Proficiency with end-to-end hospital revenue cycle operations. 
  • In depth knowledge of insurance matters, regulations, reimbursement, information systems and plant operations.
  • Familiarity with computer accounting programs.
  • CPA preferred.
  • Membership and active participation in ACHE and/or other professional organization preferred.
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    Pay Transparency

    Prime Healthcare Management Inc. offers competitive compensation and a comprehensive benefits package that provides employees the flexibility to tailor benefits according to their individual needs. Our Total Rewards package includes, but is not limited to, paid time off, a 401K retirement plan, medical, dental, and vision coverage, tuition reimbursement, and many more voluntary benefit options.  Benefits may vary based on employment status, i.e. full-time, part-time, per diem or temporary.  A reasonable compensation estimate for this role, which includes estimated wages, benefits, and other forms of compensation, is $250,000.00 to $280,000.00 on an annualized basis. The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire, in which a wide range of factors will be considered, including but not limited to, skillset, years of applicable experience, education, credentials and licensure.

    Employment StatusFull Time ShiftDays

    About St Francis Medical Center

    St. Francis Medical Center is a for-profit hospital in Lynwood, California, United States, owned by Prime Healthcare Services.
    Learn more about St Francis Medical Center

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