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Chief Financial Officer

Chief Financial Officer

Daviess Community HospitalWashington, IN, United States
2 days ago
Job type
  • Full-time
Job description

Overview

The Chief Financial Officer (CFO) will be responsible for the overall management of fiscal operations for the hospital. The CFO will keep staff aware of all regulations and standards to ensure compliance with orders and directives issued by duly constituted governmental or regulatory agencies and third-party payers.

Job Details

  • Category Administration
  • Department Administration
  • Schedule Full-Time
  • Shift 8-5 M-F
  • Facility Daviess Community Hospital

Job Description

The Chief Financial Officer (CFO) will be responsible for the overall management of fiscal operations for the hospital. The CFO will keep staff aware of all regulations and standards to ensure compliance with orders and directives issued by duly constituted governmental or regulatory agencies and third-party payers.

A collaborative and communicative leader, the CFO will focus on financial stability, ensuring adequate cash forecasting and liquidity to meet both operating and capital expenditure needs. The CFO will educate and work directly with department leaders on departmental budgets and will keep the CEO and Deaconess Health System informed on all aspects of financial operations.

Job Duties

  • Develop and implement objectives, policies, and standards for the financial department.
  • Manage hospital costs in a way that maximizes reimbursements.
  • Support the development of new service lines and programs.
  • Maintain and update the contractual and third-party payor models monthly.
  • Update and maintain comprehensive policies and procedures for the financial department and participate in developing hospital-wide policies.
  • Lead daily and weekly meetings with staff to promote clear communication and alignment.
  • Determine and manage the master staffing plan to meet departmental objectives.
  • Maintain and update job descriptions, conduct staff meetings to discuss performance, and complete annual evaluations.
  • Prepare reports and maintain an effective system of financial records and reporting.
  • Ensure accurate and effective performance measurements to improve productivity and accuracy.
  • Facilitate and coordinate budget preparation.
  • Foster a positive, cooperative, and team-oriented work environment.
  • Serve as an active member of required committees.
  • Demonstrate strong computer skills, including accounting systems, database management, and Microsoft Office proficiency.
  • Exhibit self-motivation and initiative.

    • Qualifications

  • B.S. in Accounting or Financial Management required; M.B.A. or CPA preferred.
  • Minimum of 5 years’ experience in hospital financial management, preferably in an acute care setting.
  • Demonstrated initiative in problem-solving, critical thinking, and project management.

    • About Daviess Community Hospital

    Daviess Community Hospital (DCH) stands as a beacon of health and wellness in southwestern Indiana. Serving the region with one 48-bed hospital, seven specialty clinics, and seven outpatient clinics, DCH is dedicated to providing top-tier medical care. The CFO will work on site at DCH as a Deaconess employee.

    Seniority level

  • Executive

    • Employment type

  • Contract

    • Job function

  • Finance and Sales

    • Industries

  • Hospitals and Health Care

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    Chief Financial Officer • Washington, IN, United States

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