Chief Financial Officer (CFO)

POSITION SUMMARY

The Chief Financial Officer (CFO) is responsible for the overall financial administration for the facility.  Additional areas of responsibility may include: general accounting, data processing, materials management, information systems, and financial reporting.  This position ensures that the internal controls are adequate to safeguard the assets of each entity and that the accounting systems are sufficient to generate accurate and timely financial reporting.

• Help create and implement initiatives in order to build and grow the facilities.
• Help analyze and see ideas from a financial mindset in order to help ensure the success of future endeavors.
• Consult the Regional CFO and Corporate office personnel concerning the facility’s financial affairs, financial goals, and objectives.
• Develop the operating policies and procedures.
• Ensure the accurate review of product line analysis, and consult with the facility CEO’s and Regional CFO.
• Prepare financial and management reports and prepare and administer the facility’s annual operation and capital budget.
• Partner with facility CEO’s and other executive team members on preparing the annual facility business plan.
• Plan and coordinate functions and activities of assigned departments. Responsibilities include evaluating performance and initiating or recommending personnel actions and maintaining good employee relations with department staff.
• Ongoing monitoring of expense structure to identify opportunities for efficiencies and cost reduction.
• Actively participate in Board of Trustees, Medical Staff and community meetings.
• Direct preparation of projections to inform facility and Regional leadership of anticipated performance in future periods.
• Review and maintain a healthy revenue cycle to ensure consistent cash flow.
• Work with the Region on managed care negotiations to maximize payer contracts.