Schedule:
Full time

Shift:
Day (United States of America)

Address:
6061 S Willow Dr

City:
Greenwood Village

State:
Colorado

Postal Code:
80111

Job Description:

Job Summary:

The Facility Chief Financial Officer (CFO) is responsible for planning and controlling all financial activities for the organization while maintaining compliance with overall policies in accordance with financial management regulatory agencies, principles, and practices appropriate for the healthcare industry and non-profit organizations. The CFO is the senior executive for Finance responsible for their designated Facility and is the financial counselor/advisor for the organization. The CFO plans, organizes, and administers the institution-wide program of financial management reporting and managed care contracting to best meet the strategic objectives of the organization. The position interacts with senior management, medical staff, hospital management/staff, patients, the public and Board of Directors. Actively participates in outstanding customer service and accepts responsibility in maintaining relationships that are equally respectful to all.

This executive position is focused on driving strategy, operational performance, and financial performance for both specific business units & the entire finance and supply chain team for the designated Campus. Key responsibilities include:
• Provide leadership in creating a culture that supports the AdventHealth mission, values, and vision.
• Develops all strategic plans & systems to further the AdventHealth mission, values, and vision.
• Demonstrate uncompromising ethics and personal integrity
• Plan, organize, implement, direct, and evaluate financial policies, procedures, processes, function, and performance to help govern financial decision-making.
• Promote financial discipline in the hospital and its subsidiaries
• Develop and provide accurate and timely operating and capital budgets, financial analysis/trends, financial statements, and reports.
• Develop, enhance, implement, and adhere to all accounting internal control policies and procedures.
• Advise on financial perspective and monitor all contract negotiations.
• Maintain current and evaluate need for additional insurance protection to minimize risk.
• Coordinate risk management/limit liability claims and lawsuits.
• Optimize handling of bank and deposit relationships while initiating policies, procedures, controls, and strategies to enhance reimbursement and cash position.
• Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
• Monitors hospital cash receipts and disbursements for accuracy and internal control
• Construct annual report.
• Practice effective cost management
• Develop, evaluate, and advise on long range financial plans, programs, and strategies.
• Models and tracks business development opportunities (proformas)
• Balance short-term and longer-term strategic objectives to maximize financial performance
• Responsible for quality assessments and continuous process improvement
• Take part in employment and performance review of finance employees
• Advise on financial perspective to the position control process.
• Provide technical financial advice, guidance and knowledge to leadership team, department, management, and finance staff.
• Presents financial analysis, results and reports to leadership and/or the Board, Finance Committee, and Medical Executive Committee.
• May oversee governmental reimbursement programs such as disproportionate share and waiver program.
• May oversee contract management for all physician contracts and leases with external parties.
• Maintain relations with external auditor and financial consultants.
• Communicate hospital operational and business matters to external stakeholders, at the CEO's discretion
• Support and enable Corporate Compliance and Legal
• Participate in the direction and oversight of compliance programs to execute and monitor compliance with regulatory aspects of healthcare delivery.
• These additional duties may be in an individual's scope of responsibilities: Manage productivity and labor standards across the facility, collaborate with physician enterprise on financial operations, as needed.
• Completes other duties as assigned and proactively anticipates the needs of other team members.
• May oversee additional operational areas as defined in the individual facility organizational chart.

Knowledge, Skills, and Abilities:
• The CFO will possess a strong commitment to AdventHealth's mission and ethics. [Required]
• Constantly Demonstrates Integrity, Compassion, Balance, Excellence, Stewardship, and Teamwork. [Required]
• Knows the Business: Understands healthcare finance with highly advanced financial skills including budgeting, analyzing, and planning and can identify value, efficiency, and effectiveness. [Required]
• Business Partnering: Promotes collaboration and the sharing of ideas with internal stakeholders by creating an environment that values individual perspectives with common goals. [Required]
• Critical Thinking: Methodically evaluates problems, identifies alternatives, makes timely decisions. [Required]
• Communication Skills: Exhibits excellent oral and written communication skills. Able to effectively express ideas and views through public speaking, presentations, reports, and professional correspondence. [Required]
• Service Orientation: Listens to the customer, anticipates needs, and prioritizes customer satisfaction. [Required]
• Problem Solving: Identifies and solves problems using data analytics, experience, and judgment. Strong business acumen, intelligence, and capacity; able to think strategically and implement tactically. [Required]
• Manages Quality & Risk: Understands and applies quality assurance and risk management procedures. [Required]
• Manages to Results: Contributes to the realization of goals and is accountable for goal realization. [Required]
• Achieves Results: Reflects a drive to achieve and outperform, continuously looking for improvements. [Required]
• Responsible: Accepts responsibility for actions and results. [Required]
• Manages and Executes Projects: All aspects of engagement/project outcomes and timing are met. [Required]
• Manages Change: Anticipates and drives change to meet organizational goals. Strong organizational abilities and flexibility to adjust to changing conditions and the various details of the position. [Required]
• Develops Others: Recognizes colleagues' strengths and opportunities, providing coaching. [Required]
• Thought Leadership: Develops new insights and applies novel solutions to make improvements. [Required]
• Builds and Shares Knowledge: Develops and shares subject matter expertise. [Required]
• Develops Self: Understands own strengths and development needs and owns personal development. [Required]
• Approaches work as an interconnected system. Ability to understand major objectives and break them down into meaningful action steps. [Required]
• Computer Skills: Proficient computer skills, particularly with Microsoft Office suite. [Required]

Education:
• Bachelor's degree in accounting, business administration, finance, healthcare administration, or a related field [Required]
• Master's degree in business administration, finance, accounting or related field [Preferred]

Work Experience:
• Minimum five (5) years in healthcare finance, with exposure to multiple areas [Required]
• Ten (10) years in a senior financial management position [Preferred]

Additional Information:
SUPERVISORY RESPONSIBILITIES
Leads Finance Operations Teams for designated campus.

Licenses and Certifications:
• Certified Public Accountant (CPA) [Preferred]

Physical Requirements: (Please click the link below to view work requirements)
https://tinyurl.com/23km2677

Compensation:

Minimum - $280,800

Maximum - $393,120

Benefit Offerings: Available from Day One

• Health | Dental | Vision Insurance
• Life and AD&D Insurance
• Disability Insurance
• Paid Parental Leave
• Pet Insurance
• Retirement Plan
• Mental Health Resources & Support
• Supplemental Insurance
• Paid Time Off
• Fertility Coverage
• Adoption Assistance
• Education Assistance
• Whole Person Wellbeing Resources
• Identity Theft Protection
• Legal Insurance

Bonus Eligible: Annual Incentive Plan

The expertise and experiences you'll need to succeed:

QUALIFICATION REQUIREMENTS:

Bachelor's (Required)Certified Public Accountant (CPA) - Accredited Issuing Body