Associate CFO

Miami, FL Full-Time PHYS SVCS ADMINISTRATION

Summary

The Associate Chief Financial Officer is responsible for management and integrity of most of the financial operations and resources of assigned facility of JHS. The areas of responsibility and oversight include general accounting, financial reporting, accounts payable, payroll, budget, strategic sourcing & procurement, and revenue cycle. Develops, revises and implements policies & procedures related to the financial operations of the entities. Establishes departmental goals and objectives for areas of responsibility and appropriately delegates operational authority and accountability to the staff. This position serves as the liaison for the integration and coordination of those areas of responsibility within JHS and reports directly to the VP of Finance.

Responsibilities

Establishes and maintains accurate financial management systems for division to provide effective mechanisms for tracking organizational performance against budgetary and operational goals. Prepare and present reports regularly on key financial metrics to executive management and senior leadership and department managers within the division. Lead the division's management team through the JHS fiscal planning process and ensure completion within established time frames. Provide education and guidance to improve management and staff acumen and effectiveness regarding financial systems and operations. Participate in business opportunity assessment providing financial assessment and risk analysis. Participate and report to Medical Staff Committees as requested by the CEO and/or VP of Finance. Review, participate in negotiation and monitor for timely payment, renewal and adherence to JHS policy all division specific contracts. Maximizing the collections of patient accounts through the timely, accurate and efficient registration of patients, obtaining appropriate authorizations and precertification's, collection of co-pays, deductibles and deposits and referral to appropriate resources when patients do not have the necessary financial resources. Organize and conduct meetings to discuss and resolve issues relevant to the department necessary to continuously improve the effectiveness and service of the financial systems and operations. Review & approve all requisitions for expenses that exceed departmental limits and all discretionary expenses for the division. The leader understands and adheres to JHS compliance standards as they appear in the Code of Conduct, Compliance Policies, and all other JHS Policies and Procedures and supports the commitment of JHS in adhering to federal, state and local laws, rules and regulations governing ethical business practices for health care providers by demonstrating knowledge of procedures for protecting and maintaining security, confidentiality and integrity of employee, patient, family and organization information. The leader further understands that JHS is committed to its role in preventing health care fraud and abuse and complying with applicable state and federal laws related to health care fraud and abuse. This commitment is supported and enabled through an anonymous hotline which serves as one of several mechanisms for reporting suspected fraud, waste and/or abuse, as well as other compliance related issues. The leader to report through any of the reporting mechanisms (e.g., anonymous hotline, supervisor, Compliance Officer) any suspected health care fraud, waste and/or abuse as well as other compliance-related issues. Role models behaviors of service excellence and CARE values (Compassion, Accountability, Respect and Expertise).Performs all other related job duties as assigned.

Experience

Generally requires 7 to 10 years of related experience. Leadership experience is required.

Education

Bachelor's degree in related field is required. Master's degree is strongly preferred.

Skill

Must have knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources. Strong analytical, organizational and communication skills are necessary. Must be able to demonstrate a thorough knowledge of organizational fundamentals of developing and coordinating budget activities and schedules for a large and complex healthcare institution. Must be able to demonstrate familiarity with all financial standards and regulations applicable to hospitals by various governmental, funding, and accrediting agencies. Skill in monitoring/assessing the performance to make improvements or take corrective action. Skill in using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems. Ability to plan, implement, and evaluate programs. Ability to establish goals and objectives. Ability to recognize, analyze, and solve a variety of problems. Must be knowledgeable in current healthcare trends and policies.

Credentials

Valid license or certification is required as needed, based on the job or specialty.

Unit Specific Credential

Working Conditions

Physical Requirements - Job function is sedentary in nature and requires sitting for extended periods of time. Function may require frequent standing or walking. Must be able to lift or carry objects weighing up to 20 pounds. Jobs in this group are required to have close visual acuity to perform activities such as: extended use of computers, preparing and analyzing data and analytics, and other components of a typical office environment. Additional information and provision requests for reasonable accommodation will be provided by the home unit/department in collaboration with the Reasonable Accommodations Committee (RAC).

Environmental Conditions - Jobs in this group are required to function in a fast paced environment with occasional high pressure or emergent and stressful situations. Frequent interaction with a diverse population including team members, providers, patients, insurance companies and other members of the public. Function is subject to inside environmental conditions, with occasional outdoor exposures. Possible exposure to various environments such as: communicable diseases, toxic substances, medicinal preparations and other conditions common to a hospital and medical office environment. May wear Personal Protective Equipment (PPE) such as gloves or a mask when exposed to hospital environment outside of office. Reasonable accommodations can be made to enable people with disabilities to perform the described essential functions. Additional information and provision requests for reasonable accommodation will be provided by the home unit/department in collaboration with the Reasonable Accommodations Committee (RAC).