What are the responsibilities and job description for the CHIEF FINANCIAL OFFICER (CFO) - HEALTHCARE position at Affinity Search?
Chief Financial Officer (CFO)
Topeka KS
250K-300K Signing Bonus Paid Relocation Full Benefits Signing Bonus\
POSITION SUMMARY
The Chief Financial Officer (CFO) is responsible for the overall financial administration for the facility. Additional areas of responsibility may include : general accounting, data processing, materials management, information systems, and financial reporting. This position ensures that the internal controls are adequate to safeguard the assets of each entity and that the accounting systems are sufficient to generate accurate and timely financial reporting.
Help create and implement initiatives in order to build and grow the facilities.
Help analyze and see ideas from a financial mindset in order to help ensure the success of future endeavors.
Consult the Regional CFO and Corporate office personnel concerning the facility's financial affairs, financial goals, and objectives.
Develop the operating policies and procedures.
Ensure the accurate review of product line analysis, and consult with the facility CEO's and Regional CFO.
Prepare financial and management reports and prepare and administer the facility's annual operation and capital budget.
Partner with facility CEO's and other executive team members on preparing the annual facility business plan.
Plan and coordinate functions and activities of assigned departments. Responsibilities include evaluating performance and initiating or recommending personnel actions and maintaining good employee relations with department staff.
Ongoing monitoring of expense structure to identify opportunities for efficiencies and cost reduction.
Actively participate in Board of Trustees, Medical Staff and community meetings.
Direct preparation of projections to inform facility and Regional leadership of anticipated performance in future periods.
Review and maintain a healthy revenue cycle to ensure consistent cash flow.
Work with the Region on managed care negotiations to maximize payer contracts.
Education & Experience
Bachelor's Degree in accounting / finance or related field required; Master's Degree from an accredited college or university in Hospital Administration or Business Administration preferred.
Experience as a hospital CFO; Experience in an integrated health delivery system strongly preferred.
CPA certification preferred.
Knowledge, Skills & Abilities
Current knowledge of The Joint Commission, OSHA, state and federal regulatory standards.
Excellent leadership and interpersonal skills to effectively communicate ideas, problems, instructions (written and oral) with corporate management staff, facility management staff and employees.
Ability to analyze situations, evaluate data, recommend, and implement courses of action that would improve the functioning of the company.
Ability to interpret, adapt, and apply guidelines, policies and procedures.
Ability to use sound judgment in decision making and react calmly and effectively in an emergency situation.
Knowledge of strategic planning and short and long-range goal implementation.
Skills and Certifications
Bachelor's Degree in accounting / finance or related field required.
Master's Degree in Hospital Administration or Business Admin preferred.
Experience as a hospital CFO.
CPA certification preferred.
Ideal Candidate
Minimum of 10 years healthcare finance experience
Previous experience as a Hospital CFO is required (5 yrs)
For-profit healthcare experience, preferably in a Sr. Leadership capacity
Experience in an integrated health delivery system strongly preferred
Experience with Joint Ventures
CPA certification preferred
Experience with employed physician