CFO

Summary/objective

The Chief Financial Officer is responsible for administering the general accounting, patient business services, including third party reimbursement, financial and statistical reporting functions of the hospital in accordance with established policies and accounting procedures. This individual will set the vision and direction for both short term and long term budgeting, analysis and forecasting in strategic alignment with a high growth health system with operations in Gridley, California. The CFO will report directly to the CEO, will interact with the Board of Directors and an important member of the senior leadership team. This person will balance a strong vision for growing financial initiatives with a hands-on approach to managing the financial operations of a fast-paced and ever-changing organization. The CFO monitors the hospital's fiscal performance on realizing its established plans and objectives and identifies and reports undesirable trends with remedial action recommendations to the governing Board for final review and approval. The CFO assumes a lead role in exploring and implementing means of managing and improving the financial performance of the hospital as well as oversees internal accounting controls, all areas of receivables management, and other business office systems and procedures to achieve efficiencies in the business office. This is an exciting opportunity for the right energetic, driven nonprofit financial leader!

Pay: $138,000-$152,000

Essential functions

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

• Generate a monthly financial statements and reports which analyze all expenses, revenues and the balance sheet, including statistics and a 13-month running spreadsheet
• Manage days in accounts receivable to under 55 days; manage days in accounts payable to under 50 days
• Prepare reliable current and forecasting financial performance reports
• Ensure cash flow is appropriate to meet organizations operational requirements
• Ensure compliance with the law and company’s policies
• Control and evaluate the organization’s operational and capital plans
• In depth knowledge of corporate financial and accounting laws and risk management policies
• Develop and implement a vision for the finance team in alignment with the hospital strategic plan
• Manage and development of the annual and three year budget with department heads for approval by the CEO and board of directors
• Generate a monthly financial dashboard which accurately forecasts cash, revenue and expenses; help CEO and board of directors to predict trends and patterns
• Review and approve expenditures to ensure budget compliance and efficient use of funds
• Put all necessary systems and controls in place to manage the financial activities maintaining compliance with the highest ethical standards, all applicable laws, regulations and requirements of funders
• Install procedures to improve efficiencies and reduce expenses where possible
• Strengthen internal controls to manage cash flow and protect financial assets
• Oversee compliance with payroll and benefit administration
• Manage organizational insurance policies for property, liability, directors and officers, worker’s compensation, professional liability, and medical malpractice; negotiate annual renewal with vendor(s)
• Update and maintain compliant financial policies and procedures
• Able to assign and manage key quality indicators as it relates to financial performance of the organization

Competencies

• Earnest and sincere commitment to Orchard Hospital’s Mission, Vision and Values
• Intelligent, compassionate, driven and determined, and has an attitude of “Patient’s First”
• Ability to formulate analyses across various departments providing direct and indirect patient care utilizing different softwares while meeting the requirement of varying legal authorities
• Collaborative and consultative work style
• Ability to develop team-wide vision and direction for a portfolio of diverse projects
• Ability to read and understand complex financial programs and meet deadlines to satisfy funding requirements
• Excellent at building, coaching, and mentoring high-performing, diverse teams with multiple layers
• High energy and motivation to understand the perspective of others
• Excellent knowledge of data analysis and forecasting methods
• Proficient in the use of Microsoft Office products, i.e. Word, Excel, PowerPoint and hospital financial management systems
• Strong leadership and organizational skills
• Excellent communication and people skills

Supervisory responsibilities

This position has hiring and disciplinary responsibilities for the following departments: Patient Financial Services, Accounting, Registration, Materials Management, Medical Records, Case Management/Utilization Review.

Work environment

This is an indoor position, usually in an office setting.

Physical demands

There is frequent sitting, walking, and standing required. Candidate must be able to lift up to 20 pounds above their head. Frequent rotation in standing or sitting. Frequent carrying items up to 5 pounds for long distances. Occasional reaching, gripping, squatting, kneeling, and balance required. Must be able to in English read, write, hear, speak, see, and differentiate between colors.

Travel required

Occasional travel required, sometimes overnight and long distances.

Required education and experience

[Indicate requirements that are job-related and consistent with business necessity]

• BS or BA in Accounting required
• Minimum 5 years of significant, progressive financial experience as a hospital CFO.
• Knowledge of generally accepted accounting practices and principles as relevant to nonprofit entities
• Experience in revenue cycle lifecycle and ability to effectuate process improvement where gaps exist

Preferred education and experience

• MBA, CPA, FHFMA
• Prior Critical Access Hospital CFO experience
• Experience using Evident (CPSI) accounting and financial systems

[Indicate requirements that are job-related and consistent with business necessity]

Additional eligibility requirements

Work authorization requirements

Employee must also be able to satisfy the requirements of the Immigration Reform and Control Act of 1986, which requires documents to prove Employee’s identity and demonstrate that Employee is authorized to work in the U.S., and to complete an Employment Eligibility Verification form (Form I-9)

Affirmative Action/EEO statement

Orchard Hospital enthusiastically accepts its obligation to provide equal employment opportunities and to make employment decisions without regard to sex, sexual orientation, gender identity or expression, cancer history or diagnosis, genetic characteristics or information, religion, race (including traits historically associated with race, such as protected hairstyles – braids, locks, twits), color, age, national origin, ancestry, marital status, pregnancy, childbirth or related medical condition, disability, military status, veteran status or any other protected status under federal, state, or local laws. Our management is dedicated to ensuring the fulfillment of this policy with respect to hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment advertising, pay, and other forms of compensation, training, and general treatment during employment.

Selection of employees is conducted based on the applicant’s previous appropriate experience, skills, knowledge, former employer references and possession of certificates and/or license, where applicable. Applicants must meet requirements of the position for which they are applying and be of good personal character. Written and/or manual examination may be required for positions requiring special skills.

Personal actions regarding such matters as compensation, benefits, transfer, staff reduction, promotions, Orchard Hospital sponsored training, education, and social/recreational programs will be administered in keeping with Orchard Hospital’s commitment to Equal Employment Opportunity.

Other duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.