Job Description

The Chief Financial Officer (CFO) drives key strategic initiatives for a facility or multiple facilities, providing over-sight of all Financial Operations and operational performance.

ESSENTIAL FUNCTIONS:

  • Administer the general accounting, patient business services, including third party reimbursement, financial, and statistical reporting functions of the surgical center in accordance with established policies and accounting procedures.
  • Provide formal or informal direction in data processing, distributed systems, material management and medical records functions.
  • Train subordinates on the above areas and monitor performance to ensure fiscal responsibilities are fulfilled.
  • Assist the Chief Executive Officer (CEO) in the development of long and short-range hospital operations plans that may include service demand analyses, resources availability analyses and cost benefit analyses of proposed capital and staff expansions.
  • Develop long and short-range operational and capital budgets, which are supported by the hospitals long and short-range plans and objectives.
  • Prepare cash flow analyses and budget variance analyses and make recommendations on budget modifications as required.
  • Assist managers in the development of departmental budgets and the budget process.
  • Monitor, interpret, and analyze hospital financial performance in realizing established plans and objectives of the hospital.
  • Identify and report undesirable trends and potential business opportunities and make recommendations for action.
  • Direct the preparation of internal financial reports including work papers for annual financial audit.SUPERVISORY RESPONSIBILITIES:
  • Manage the work of others, including planning, assigning, scheduling and reviewing work, ensures quality standards. Responsible for hiring, terminating, training and developing, reviewing performance and administering cor-rective action for staff.

Qualifications

KNOWLEDGE, SKILLS & ABILITIES:

The requirements listed below are representative of the knowledge, skills and/or abilities required.

Education:

Bachelor's Degree in Accounting or Finance; Master’s Degree Preferred.

Experience:

Minimum 15 years’ experience with 3 years of experience working at the CFO level in an acute-care hospital is required.

Certifications:

Certified Public Accountant (CPA) Certifications.

Licenses:

Certified Public Accountant (CPA) License.