Hospital CFO

Job Summary

The Chief Financial Officer (CFO) is responsible for providing financial leadership and decision-making to support the hospitals mission and strategic objectives. This role oversees financial operations including expense management productivity revenue cycle budgeting forecasting financial analysis and capital planning. The CFO collaborates with shared business partners in Accounting Patient Access Health Information Management Revenue Management Physician Practice Services corporate Managed Care and Human Resources to optimize daily and monthly financial operations. Additionally the CFO manages financial risks and oversees the preparation of financial statements and reports. Departmental responsibilities typically include Accounting Case Management Information Systems Health Information Management and Patient Access.

Essential Functions

• Provides financial leadership to hospital staff and management to support create ownership and encourage decisions that positively impact the hospitals financial performance.
• Develops and implements strategies for revenue growth and margin improvement to meet financial goals.
• Participates in state and federal funding initiatives to improve overall reimbursement for the facility and providers.
• Analyzes costs operations and forecast data on service lines in collaboration with senior leadership colleagues to monitor progress in meeting financial targets.
• Develops and enforces financial policies and procedures short- and long-range goals objectives and plans.
• Manages costs by identifying opportunities for cost reduction and taking actions to eliminate non-value costs in partnership with other senior leadership colleagues.
• Ensures the hospital meets financial regulatory and compliance guidelines maintaining adherence to all applicable standards.
• Works closely with providers and local team members to monitor quality metrics and align them with financial objectives.
• Oversees the accuracy of General Ledger entries and ensures the timely reconciliation of all bank accounts to the General Ledger.
• Monitors hospital cash receipts and disbursements for accuracy and adherence to internal control procedures.
• Prepares and presents timely and accurate monthly departmental operating reports to hospital staff and senior leadership.
• Prepares monthly exhibits for the accurate presentation of all third-party reimbursement contractual allowances.
• Performs other duties as assigned.
• Maintains regular and reliable attendance.
• Complies with all policies and standards.

Qualifications

Knowledge Skills and Abilities

Licenses and Certifications

Key Skills

Environmental Safety,J2se,ABAP,Flexcube,Health And Safety Management,BI

Employment Type : Full Time

Experience : years

Vacancy : 1