Chief Financial Officer Exempt
5 days ago
CHA Hollywood Presbyterian Medical Center
CHA Hollywood Presbyterian Medical Center (HPMC) is an acute care facility that has been caring for the Hollywood community and surrounding areas since 1924. The hospital is committed to serving local multicultural communities with quality medical and nursing care. With more than 500 physicians representing virtually every specialty, HPMC strives to distinguish itself as a leading healthcare provider, recognized for providing quality, innovative care in a compassionate manner.
HPMC is part of a global healthcare enterprise which owns and operates general hospitals throughout Korea, numerous research centers in the U.S. and Korea including a medical university, and CHAUM (a premier anti-aging life center).
Position Summary:Leads the company’s financial services resulting in the highest financial viability and investment grade rating possible. Directs the organization’s financial planning and accounting practices as well as its relationship with lending institutions, shareholders and the financial community. Oversees and directs treasury, budgeting, audit, tax, accounting, purchasing, real estate and insurance activities for the organization. Directs and analyzes studies of general economic, business and financial conditions and their impact on the organization’s policies and operations.
General Duties:- Participates in the facility’s long-term and short-term financial process.
- Directs and participates in the development of accounting, admission, credit/collection and internal control policies and systems and addresses related policy/system issues.
- Coordinates and controls the facility’s cash and investment management activities.
- Appraises the organization’s financial position and issuing periodic financial and operating reports.
- Directs the Controller in providing and directing procedures and systems necessary to maintain proper records and to afford adequate accounting controls and services.
- Analyzes, consolidates and directs all cost accounting procedures together with other statistical and routine reports.
- Provides advice and guidance as necessary in preparing and analyzing financial reports and executing appropriate responsive actions.
- Serves as a liaison between the department directors and other hospital administrators/ managers in coordinating interdepartmental planning efforts and addressing major issues.
- Coordinates and controls the facility’s short-term cash activities in accordance with established financial policies and objectives.
- Evaluates data processing needs on an ongoing basis and adapting programs to changing needs.
- Directs the hospital’s banks in executing cash management decisions and working with the appropriate investment managers in coordinating fund transfers and monitoring investment performance.
- Recommends appropriate actions and strategies to respond to projected economic trends and/or regulatory changes.
- Participates in the analysis of the financial implications of proposed capital projects and expenditures and recommending the execution of appropriate measures to respond to projected economic trends and/or regulatory changes.
- Provides advice and assistance to department heads and managers in analyzing and interpreting financial data and reports and in presenting that information to their departments and/or physician groups.
- Ensures that accurate information is provided on a timely basis and assists, as needed, in facilitating the efficient conduct of external audits, examinations and related financial projects.
- Formulates department budgets and assisting with formulation of hospital capital budgets.
- Initiates corrective action when variations arise.
- Master’s degree in Accounting, Finance or related field required. An equivalent combination of education, training and experience may be considered.
- Five years recent experience in similar position in acute healthcare setting.
- Highly developed organizational skills.
- Demonstrates familiarity with Microsoft Office Software, (especially Excel), as well as Outlook.
- Advanced knowledge of accounting software and electronic health record packages.
- Ability to communicate effectively verbally and in writing.
- Valid CA driver’s license.
- Current Los Angeles County Fire Card required (within 30 days of employment).
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