Job Summary: The CFO/Vice President of Finance is responsible for...
Vice Presidents responsibilities are: Assisting the CEO/President and the board of directors to design the organization's overall mission, vision, values and strategic goals. Attending meetings with the board of directors and sharing of information. Leading, guiding, directing, and evaluating the work of other employees such as executive directors, directors and managers, and ensuring a healthy working environment. Evaluating the success of the organization in achieving its goals and formulating plans to correct any issues if the organization is not achieving its goals. Assisting in managing the organization's finances, identifying ways to increase revenue and decrease costs, analyzing financial reports and preparing operating budgets. Maintaining awareness of competitors, expansion opportunities, customers, markets, and new industry developments and standards.
The listing of job duties contained in this job description is not all inclusive. Duties may be added or subtracted at any time due to the needs of the organization.
Essential Job Duties and Responsibilities:
1. Core competencies: Interdisciplinary Leadership, Team Building, Performance Improvement, Communication, Systems Thinking, Negotiation, Multitasking, and Financial Acumen.
2. Operationally accountable for: Finance, Health Information, Materials Management, Patient Financial Services, and Skyview Medical Management Services (Physician Billing).
3. Provides leadership and direction for the development of strategies to promote the recruitment, retention and recognition of excellence in the organization, including oversight and recommendations regarding compensation and benefit programs for staff.
4. Participates in the planning, implementation and evaluation of programs and services, assuring appropriate resources for the delivery of care, while articulating the vision and strategic direction for the organization and collaborates on the implementation of operational strategies/initiatives to achieve them.
Possesses:
- Excellent medical staff and clinical relationship development skills.
- Straightforward approach and high level of diplomacy with respect to the identification and fair resolution of problems.
- Strong affinity and desire for use of information technology (clinical documentation, CPOE, automated care plans, clinical decision support, financial support, compliance and quality) to support clinical and operational workflow and process
Able to:
- Create and sustain shared governance, employee satisfaction and customer service objectives.
- Promote and utilize a patient centered approach
- Create win-win solutions among diverse needs and expectations
- Portray credibility, approachability and professionalism, confidence, ownership and a visionary spirit with respect to services
1. Is able to influence individuals and groups through visibility, passion and creativity. Assures that the patient care delivery model(s), finance, support services, ancillary services, clinical and staffing standards are consistent with current research and professional standards and with the mission, vision and values of the organization.
2. Has excellent business acumen and analytical skills relative to productivity, business plan development, process improvement, quality measurements and patient satisfaction.
3. Creates and maintains a professional practice environment. Recognizes personal leadership style and adapts to situations appropriately. Demonstrates effective use of principles of management and supervision of staff.
4. Promotes professional growth of self and staff. Develops motivation strategies. Utilizes coaching and counseling resources as appropriate, including EAP. Implements strategies to manage staff and personal stress. Creates a yearly operational plan with goals. Demonstrates organization and time management skills.
5. Establishes and applies the following skills:
- Conflict Resolution (resolve interpersonal conflicts)
- Retention strategies Reviews analysis of annual staffing turnover and effectively retains staff within industry standards for his/her division
- Problem solving. Conducts all aspects of supervision in a firm, fair, and consistent manner. Continually evaluates the morale of the staff and takes appropriate actions to resolve problems. Creates a team environment within division
- Change management
- Demonstrates competence in:
- Performance appraisals. Conducts timely performance reviews.
- Interviewing. Follows established policies and procedures
- Public speaking and communicating effectively to Directors
- Demonstrates VP/CFO responsibilities related to:
- Regulatory requirements (Joint Commission, State regulations, OSHA, CMS/Medicare, etc.)
- Employment law and regulations. (Harassment, Alcohol and Controlled Substance, Abuse, Americans with Disabilities Act, FMLA, Wage & Hour, Corrective Action Process, Discrimination, Workers' Compensation, Workplace Violence, Corporate Compliance, EAP, etc.)
- Develop and Maintains
- Quality control programs.
- Processes that reflect Faith Health improvement priorities
Integrates practice guidelines and/or professional standards into division activities/services.
Utilizes data to improve patient care/customer service that reflect Faith Health organization's improvement priorities.
Leads the continuous quality improvements for the division and with the Executive Team to assure achievements of annual targets for patient satisfaction, patient safety, quality indicators/outcomes, employee satisfaction and physician satisfaction.
Provides leadership in the development of the Faith Health and Faith Health Physician Services in particular resource allocation and consultation with affiliated hospitals.
Essential Management/Leadership Duties and Responsibilities:
- Accomplishes department objectives by managing staff; planning and evaluating department activities.
- Organizes and oversees the staff by recruiting, selecting, orienting, and training employees. Coaches, counsels, and disciplines employees.
- Accomplishes staff results by communicating job expectations; planning, monitoring, and appraising job results. Conducts performance evaluations that are timely and constructive.
- Ensures a safe, secure, and legal work environment.
- Contributes to team effort by accomplishing related results as needed.
- Develops, coordinates, and enforces systems, policies, procedures, and productivity standards that will improve day-to-day operations.
- Establishes strategic goals by gathering pertinent business, financial, service, and operations information.
- Defines objectives, identifies and evaluates trends and options, chooses a course of action, and evaluates outcomes.
- Accomplishes financial objectives by forecasting requirements, preparing an annual budget, scheduling expenditures, analyzing variances, and initiating corrective financial actions.
- Develops personal growth opportunities.
- Maintains quality service by enforcing quality and customer service standards, analyzing and resolving quality and customer service problems, and recommending improvements.
- Projects a positive image of the organization to employees, patients, customers, and the community.
- Using Hardwiring for Excellence tools and techniques; Leadership Evaluation Management (LEM); My Rounding.
- Accountable for keeping the Vice President (DON) informed of all critical issues and progress made in process improvement activities.
- Maintain an attendance at 85% of all Department Director Management Meetings, and at all committees and work teams as appropriate.
Essential Organizational Duties and Responsibilities:
Promotes organizational mission, vision and values. Demonstrates respect and regard for dignity of all patients, families, visitors, and co-workers to ensure a professional, responsible and courteous environment. Maintains a high level of professional responsibility and performance outlined in Faith Health Performance Standards. Promotes effective working relationships and works effectively as part of a department team (inter- and intradepartmental) to facilitate the department's/clinic's ability to meet its goals and objectives.
Maintains current knowledge/certification/licensure per organization policy. Pursues professional growth and development.
- Practices within legal boundaries and according to organization policy and procedures.
- Attends continuing education programs in order to maintain licensure. Attends organization sponsored training programs as required.
- Maintains certifications as determined by department/clinic policy.
Functions as role model for current and new staff.
- Facilitates problem resolution among coworkers as observed by management and peers.
- Demonstrates a constructive approach during all interactions with coworkers and management toward the organization.
- Promotes the profession of healthcare workers in the community.
- Presents neat appearance in proper attire and identification as required by the position, department and the organization.
- Continuously displays a positive attitude within the department/clinic and across departmental lines to contribute to the overall customer service program.
- Serves in committees and assist with programs of the hospital to constantly improve the quality of health care and promote good public relations.
Completes all required safety training programs and can describe his or her responsibilities related to general safety, department/service safety, and specific job-related hazards.
Must be able to remain awake and alert during working hours. Physical presence at facility is required during scheduled working hours to perform job functions. Work in a timely manner, within the time allotted for the shift per census count.
Performs other duties as assigned.
Job Requirements:
The requirements listed below must be representative of the knowledge, skills, minimum education, training, licensure, experience, and/or ability required.
EDUCATION (Minimum Requirements for Position): Required Preferred
Bachelor's Degree ☒
•Master's Degree ☒
•EDUCATION FIELD OF STUDY (If Applicable): Required Preferred
Healthcare ☒
Business Management ☒
EXPERIENCE: Required Preferred
Previous management experience ☒
Previous healthcare experience ☒
5-10 years of previous experience in field ☒
Skills/Knowledge Requirements:
SKILLS (If Applicable): Required Preferred
Language Skills - Ability to read, write, speak, and understand ☒
•the English language.
