Chief Financial Officer

Job Description

Job Description

The Nemaha Valley Community Hospital (NVCH) CFO is responsible for providing financial leadership to the organization. This is a C-Suite position that works closely with the CEO to ensure strong financial performance by establishing appropriate performance standards, qualifications, and expectations. This role ensures legal and regulatory compliance for all accounting and financial reporting functions. The CFO is responsible for the proper planning and allocation of resources under their control to include the preparation and monitoring of the annual operating budget and financial objectives consistent with NVCH’s strategic plan. All duties are performed consistently with NVCH’s standards and behaviors.

NVCH is a progressive Critical Access Hospital will a growing service base. We are currently in Phase 2 of a multi-million-dollar construction and renovation project. NVCH's commitment to our patients and community has resulted in the organization being named to the Top 20 Critical Access Hospitals in the Country by Chartis. This prestigious award is evidence of NVCH staff member's commitment to excellence. In addition, NVCH has enjoyed a 98% employee retention rate over the past 5 years. To maintain these ratings and success we need a dynamic financial leader. NVCH's current staff consists of over 150 dedicated employees.

The CFO’s duties and responsibilities include :

• Committing to NVCH’s mission, vision, and values.
• Consistently demonstrating goal-oriented process improvement leadership.
• Understands the accounting and financial reporting regulations related to all governmental programs.
• Identifies appropriate internal controls for the accounting department and provides mechanisms to monitor and enforce compliance and coordinates the annual audit, cost report preparation, and 990 preparation with outside auditing firm as needed.
• Has a thorough knowledge and understanding of the Medicare cost report and understands cost report compliance and opportunities to maximize cost reimbursement.
• Evaluates the financial statements and operations and prepares appropriate analysis for NVCH Board and CEO.
• Works with the accounting team to develop and maintain the accounting system used in evaluating department costs and revenue and provides information as needed to make managerial decisions.
• Compiles information and performs comparative analysis to benchmarks to be used in evaluating processes and productivity throughout NVCH.
• Consistently analyzes financial data and presents financial reports in an accurate and timely manner; clearly communicates monthly, quarterly, and annual financial statements; monitors progress and changes and keeps leadership abreast of NVCH’s financial status.
• Works with CEO and senior leadership to use data analytics to develop business plans for new, or growing existing, business opportunities.
• Supports the NVCH CEO in engaging the board and its committees around issues and trends in financial operating models and delivery.
• Evaluates the financial feasibility of new or existing services and programs; accesses a wide variety of databases and reports to prepare analytical reports and special studies.
• Manage 340B compliance and reporting in collaboration with other staff as required.
• Works with peers to ensure accurate payroll processing and monitor payroll calculations, review payroll reports, and establish internal controls and tracking to ensure accuracy and compliance. Ensure provider compensation is paid according to Physician and APP employment agreements including production bonus calculations.
• Oversee investment of funds in compliance with hospital policies and other regulatory requirements.
• Ensure compliance with revenue bond holders and USDA.
• Oversee federal grant reporting for multiple HRSA grants including SEFA audit requirements.
• Supervise investment of funds in compliance with hospital policies and other regulatory requirements.
• Serve as the Treasurer for the Hospital Foundation Board and manages Foundation capital campaign financial reporting and tracking.

Qualifications

The ideal candidate will have served as a successful Chief Financial Officer (CFO) or in a leadership role with progressive responsibility for an organization’s accounting, finance, and budgeting processes for a minimum of five (5) years, preferably in a healthcare setting. Must have a bachelor’s degree in accounting, healthcare administration, business, or other directly related field of study. Active CPA or Master’s Degree is preferred. Must have strong leadership and operational experience.

The ideal candidate will :

Compensation : This position has an attractive compensation package and benefits which are based on experience and expertise level. Range starts at $125,000 annually.

Salary : $125,000