Chief Financial Offier

DMC Huron Valley‑Sinai Hospital, Commerce Township, MichiganMarket Summary: Detroit Group, DMC Huron Valley‑Sinai Hospital, Commerce Township, MichiganThis hospital is a full‑service community teaching hospital with 158 licensed beds, more than 9,500 admissions annually, and extensive specialty services. It is a core facility within the Detroit Medical Center network and is fully accredited by the Joint Commission. Position Summary The Chief Financial Officer safeguards the facility’s assets, prepares and maintains GAAP financial statements, ensures compliance with financial policies, and implements effective internal controls. As a key member of the facility A‑Team and management, the CFO leads strategic business planning, interacts with regulatory bodies, and communicates financial information to the CEO and Board. Candidate Experience, Attributes and Education Requirements At least ten years of progressive financial or equivalent experience in healthcare, covering general accounting, operations, financial systems, statement preparation, review, multi‑discipline management, and ethics. Good organizational skills to prioritize workload and manage all financial activities under pressure. Ability to translate complex financial and compliance issues into clear concepts for all organizational levels. Track record of improving financial performance and making decisive decisions in a facility finance context. Experience negotiating managed care contracts and overseeing financial operations, strategic planning, budgeting, reimbursement, capital financing, and complex environments. Strong knowledge of healthcare trends and anticipation of opportunities. Successful tenure as a CFO in a competitive market. Professional Attributes Cooperative problem‑solving and consensus building across functional lines. Broad financial thinker with an ability to translate vision into focused strategy and practical plans. Intuitive thinker who generates ideas and proposes modifications. Personal Attributes Highest integrity, professionalism, and knowledge, establishing credibility with peers and medical staff. Active listening, clear directions, and ongoing dialogue with employees. Collaborative with critical individuals for financial task execution. Excellent oral and written presentation skills. Education / Certifications A bachelor’s degree in finance or accounting is required. An MBA, MHA, and/or CPA designation are strongly preferred. Functional Expectations & Requirements The CFO identifies and assesses financial risk, monitors performance, and communicates opportunities to the CFO team and the facility CEO. Responsibilities include revenue‑cycle monitoring, capital‑project evaluation, and collaboration with home‑office departments such as Compliance, Accounting, IS, Audit, Legal, and Treasury. As Such, The CFO’s Responsibilities Are To Analyze daily operating results, advising on needed changes. Maintain sound financial controls and approve expenditures within authority. Stay abreast of regulatory requirements and reimbursement changes. Ensure operations are ethical and responsible. Develop the annual operating budget and interface with HR and other departments on workforce plans. Prepare financial forecasts, consolidate results, and develop cash‑management controls. Coordinate with leadership on strategic and capital‑expenditure planning. Ensure effectiveness of all accounting systems, directing new system development. Assist in new‑business feasibility analysis and managed‑care contract advisement. Handle administrative details such as document signing and employee‑related actions. Organizational Leadership – Expectations & Requirements Use Astute Judgment Deliver year‑over‑year improved financial performance in a complex, matrix organization. Demonstrate financial operational excellence across budgeting, contracts, capital financing, and cash management. Hold the finance team accountable to high ethical standards. Provide forward‑looking perspective on external factors and trends. Refresh financial outlook and strategy with data‑driven insights. Shape Strategy Partner with facility, market, and home office on new revenue opportunities. Lead capital‑project prioritization and vetting, improve efficiency across departments. Act as a thought partner for the CEO, promoting bold ideas in cost containment and growth. Apply Financial Insights Communicate financial understanding and ownership throughout the organization. Collaborate with managers and physicians to improve results. Take prudent risks to achieve balanced outcomes. Drive Organizational Success Set realistic financial goals aligned with strategic objectives. Maintain rigorous reporting and reconciliation processes. Build consensus across competing priorities. Analyze performance and execute corrective actions as needed. Maintain high‑quality standards in financial reporting and internal controls. Developing Organizational Talent Shape roles and assignments to maximize performance. Provide regular performance feedback and development guidance. Recruit or promote to meet talent requirements and readiness for CFO promotion. Metadata Seniority level: Executive Employment type: Full‑time Job function: Finance and Sales Industries: Hospitals and Health Care & Medical Practices #J-18808-Ljbffr