Chief Financial Officer, Silicon Valley Market

Position Overview

Supporting the dyad relationship of the Market’s President and Chief Medical Officer (CMO), this position will provide financial, operational and strategic oversight for the market. The Market CFO is responsible for the financial operations within the market including but not limited to monthly close, forecasting, budgeting, performance management, capital management and business cases for growth and large capital projects. This position provides administrative leadership and direction to the finance operations and business entities of the markets’ hospitals, ambulatory care centers, and medical foundations. The Market CFO assures that cost‑effective services are provided to the communities within the market; exercises necessary, appropriate authority and accountability for the administration and long‑term planning for the hospitals and other associated health services business units; provides direction to the markets’ hospitals, ambulatory care centers, and medical foundations in adhering to system‑level standards; maintain effective employee, medical staff, community, and Board relations; promotes positive community contacts and relationships. Positions reports directly to the VP Operations CFO with a dotted line to the Market President.

Job Description

Education / Certification / Licensure

Required

Bachelor's Business, Finance or Accounting

Desired

MBA or Hospital / Health Care Administration

CPA

Experience

Expertise in healthcare administration with progressively responsible management experience (as typically acquired during 5-7 years) that includes senior roles in complex multi‑facility environments

Strong finance experience in large complex healthcare organizations

Executive level experience in a multi‑facility / matrix management healthcare system helpful

Proven competence and success in financial operations, new business planning, development, implementation and management; board and physician relations and management development

Demonstrated experience (generally 4-6 years) leading staff represented by organized labor unions

Previous experience in healthcare service line management is desired

Experience demonstrating effective / proactive employee relations philosophy required

Demonstrated track record of developing and maintaining working partnerships with physicians

Knowledge

In-depth working knowledge of healthcare administration, finance, operations and departments, with a strong emphasis on and understanding of financial management, strategic planning, physician relations, patient care, quality assessment and improvement, risk management and human resource management

Proven business acumen and entrepreneurial risk‑taking ability with proactive attitude and demonstrated creativity in problem solving

Solid working knowledge of applicable laws and operating guidelines

Firm understanding of the trends and issues affecting the healthcare industry, including managed care, reimbursement , clinical integration and quality outcomes

Solid understanding of hospital compliance regulations / laws including but not limited to : federal and state wage and hour laws / regulations The Joint Commission (TJC), CMS and related accreditation standards, California Business & Professions Code as it relates to the professional medical staff, and CA Code of Regulations (Title 22 parameters)

Understanding of and experience with Lean or other process improvement philosophies and methodologies desired

Skills

Strong analytical skills in identifying, planning, and executing appropriate and successful health care business strategies to meet changing organizational and community needs, and regulatory requirements

Effective team leader and team member skills, with a bias toward timely and appropriate action

Demonstrated effective organizational performance improvement skills, in-depth working knowledge of integrated healthcare organization and administration, agency standards / compliance, and laws applicable to healthcare operations is necessary

Well‑developed skills in problem‑identification, persuasion, and negotiation

Demonstrated skills in leadership, conflict identification and resolution, group problem solving and group process as well as organization and prioritization

Exceptional interpersonal skills, with the ability to establish and maintain effective working relationships with hospital management, physician providers, nursing, key departments and individuals at all levels inside and outside of Sutter Health

Well‑developed and engaging communication skills (written, verbal and presentation / public speaking), including the ability to tailor presentations to a specific audience, and address and interact with large groups

Proven ability explaining complex medical / clinical information and concepts in "lay" terms

Excellent customer service orientation, with emphasis on continuous quality improvement

The primary office location of this position will be in the respective Market

Job Shift

Days

Schedule

Full Time

Shift Hours

Days of the Week : Monday - Friday

Weekend Requirements

As Needed

Benefits

Yes

Unions

No

Position Status

Exempt

Weekly Hours

40

Employee Status

Regular

Sutter Health is an equal opportunity employer EOE / M / F / Disability / Veterans.

Pay Range

Pay Range is $204.33 to $276.44 / hour

The salary range for this role may vary above or below the posted range as determined by location. This range has not been adjusted for any specific geographic differential applicable by area where the position may be filled. Compensation takes into account several factors including but not limited to a candidate’s experience, education, skills, licensure and certifications, department equity, training and organizational needs. Base pay is just one piece of the total rewards program offered by Sutter Health. Eligible roles also qualify for a comprehensive benefits package.

Qualified applicants with arrest and conviction records will be considered for employment. Applicants for specific positions are still required to disclose certain convictions during the application process, and those convictions may also be considered in determining eligibility for employment in accordance with applicable law.

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