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
  • Extensive knowledge of Healthcare Accounting practices and principles
  • Five to seven years of experience in hospital accounting/finance, with two years in management preferred
  • Management capability regarding budgeting, cash management, and performance evaluations
  • Proficiency with end-to-end hospital revenue cycle operations
  • In-depth knowledge of insurance regulations and reimbursement processes
  • CPA preferred, along with membership in ACHE or other professional organizations

Responsibilities

  • Implementing policies established by the Governing Board
  • Presenting financial reports to the Governing Board or authorized committees
  • Planning and organizing department activities while ensuring accuracy in financial records
  • Preparing annual operating budgets and cash flow projections for approval
  • Overseeing financial management to optimize fund usage within budget constraints
  • Setting measurable goals and driving outcomes
  • Demonstrating flexibility in adjusting work assignments based on organizational needs
  • Employing analytical skills to solve complex problems
  • Identifying issues and contributing to organizational performance improvement
  • Maintaining awareness of interrelated processes and systems

Benefits

  • Paid time off
  • 401K retirement plan
  • Medical, dental, and vision coverage
  • Tuition reimbursement
  • Voluntary benefit options
Full Job Description
Overview

Prime Healthcare and the not-for-profit Prime Healthcare Foundation employ more than 60,000 employees and physicians and own and operate 54 acute care hospitals in Alabama, California, Georgia, Illinois, Indiana, Kansas, Maine, Michigan, Missouri, Nevada, New Jersey, Ohio, Pennsylvania, Rhode Island, and Texas.

 

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.

 

 

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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