Chief Financial Officer
Chief Financial Officer
Job Supervisory Responsibilities: Responsible for the quality, and success of all business aspects of the hospital and physician clinics, which include the following functions: Accounting, Internal Controls, Budgeting, Accounts Payable, Materials Management, Management of Cash, Registration, Collections, Billing, Revenue Management, Data analysis, Variance Reporting, Automated Systems Management, Backup to Payroll Department, Information Systems, HIM and management reporting. All other duties as assigned.
General Summary: An exempt position responsible for directing the organization's financial planning and accounting practices as well as its relationship with lending institutions, pay sources, and the financial community.
Essential Job Responsibilities:
Interacts with clinic management staff in developing the strategic plan and its financial planning component.
Oversees and directs budgeting, audit, tax, accounting, purchasing, long-range forecasting, and insurance activities for the organization.
Evaluates the organization's financial position and issues periodic reports on the organization's financial stability, liquidity, and growth.
Develops and implements financial policies and procedures and ensures compliance.
Assures implementation of internal controls and generally accepted accounting procedures accounting.
Supervises the analysis of costs and makes rate recommendations to ensure appropriate income/cash flow.
Oversees and directs the preparation and issuance of the organization's annual tax and other reports. Prepares or reviews financial statements for Board of Directors.
Education: Bachelor's degree in business administration, accounting, or finance required. Masters preferred.
Experience: 5+ years of experience in financial/accounting management. Experience in health care financial management strongly required.
Other Requirements: CPA preferred.
Knowledge of the principles of financial management sufficient to direct professional staff and coordinate all aspects involved with fiscal requirements.
Knowledge of hospital and clinical financial and budgetary practices to develop annual budget, analyze financial data and patterns, and prepare financial statements.
Knowledge of hospital and clinical strategic business objectives and employee performance objectives.
Knowledge of governmental and health care fiscal regulations and reporting requirements.
Skill in exercising a high degree of initiative, judgment, discretion, and decision-making to achieve objectives.
Skill in evaluating operations as they relate to policies, goals and objectives, costs, and rate levels.
Skill in establishing and maintaining effective working relationships with patients, medical staff, and the public.
Skill in identifying and resolving accounting and financial problems.
Ability to create an atmosphere that encourages motivation, innovation, and high performance.
Ability to delegate responsibility and authority to staff.