Chief Financial Officer

3 weeks ago

Roswell, United States Lovelace Regional Hospital Full time

Overview:

Ardent Health is a leading provider of healthcare in communities across the country. With a focus on consumer-friendly processes and investments in innovative services and technologies, Ardent is passionate about making healthcare better and easier to access. We are driven by our purpose of caring for people: our patients, our communities and one another.

Located in Nashville, Tennessee, Ardent has earned a reputation as one of the industrys strongest and most innovative healthcare systems. Our facilities and clinics are consistently recognized among healthcares best employers. We recognize each hospital and clinic is as unique as the community it serves. We strive to maintain strong community ties through advisory boards, contributions, charitable care, education and outreach.

Ardent includes:

  • 30 hospitals
  • 200+ sites of care
  • 4,323 beds
  • 23,000+ team members
  • 8,168 nurses
  • 1,700+ aligned providers
  • 5.7M annual provider encounters
  • $5.1B in revenues

Ardent makes considerable investments in people, technology, facilities, and communities, producing high quality care and extraordinary results. From newly constructed facilities and expanded services, to lifesaving technology and outstanding opportunities for employees, Ardent is committed to providing its hospitals and clinics the tools needed to succeed.

We believe it is this mix of corporate support and local autonomy that equips our teams for success.

Lovelace Health System (LHS) recently celebrated its 100th anniversary, marking a century of caring, change and progress while continuously improving the practice of medicine. Across its six hospitals, 51 health care clinics and seven outpatient therapy clinics, Lovelace has 619 inpatient beds and employs a team of more than 3,400, including more than 263 health care providers. Lovelace continues to invest in our community, providing more than $80 million in unfunded care and supporting local nonprofit and community organizations with more than $350,000 in direct contributions in 2022. From the first and only hospital in New Mexico dedicated to womens health to the states only hospital devoted exclusively to cardiovascular care, Lovelace is a leader in meeting the healthcare needs of this region.

Lovelace Regional Hospital is proud to serve residents of Roswell and Chaves County as part of the distinguished Lovelace Health System. With offerings ranging from labor and delivery, cardiology, radiology, emergency services and beyond, we are poised to join our patients in their healthcare journey. Named one of the Best Places to Work by Albuquerque Business First and recognized for safety and quality, Lovelace Regional Hospital puts patients -and staff - at the helm of dignified care. Every day, Lovelace Regional Hospital employees work to fulfill our purpose of caring for people: our patients, their families and one another. We accomplish this by hiring talented, skilled, compassionate, and dedicated team members - people like you who seek to make a difference in the lives of others. Our hospital offers you opportunities to grow while transforming lives, plus incentives and assistance to get you there. We celebrate your successes, recognize your value, and believe in your ability to help bring positive change throughout New Mexico.

Job Overview:

We are currently recruiting for a dynamic leader to join Lovelace Regional Hospital in Roswell, NM as the Chief Financial Officer.

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.

Responsibilities:
  • 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 facilitys 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 CEOs and Regional CFO.
  • Prepare financial and management reports and prepare and administer the facilitys annual operation and capital budget.
  • Partner with facility CEOs 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 and joint venture partner on managed care negotiations to maximize payer contracts.


Qualifications:

Position Requirements:

  • Bachelors Degree in accounting/finance or related field required.
  • Master's Degree from an accredited college or university in Hospital Administration or Business Administration preferred.
  • Experience as a hospital CFO preferred.
  • Experience in an integrated health delivery system strongly preferred.
  • CPA certification preferred.
  • Current knowledge of JCAHO, OSHA, state and federal regulatory standards.

Knowledge, Skills & Abilities:

  • Excellent leadership and interpersonal skills to effectively communicate ideas, problems, instructions (written and oral) with corporate management staff, facility management staff and employees.
  • Ability to analyze situations, evaluate data, recommend, and implement courses of action that would improve the functioning of the company.
  • Ability to interpret, adapt, and apply guidelines, policies and procedures.
  • Ability to use sound judgment in decision making and react calmly and effectively in an emergency situation.
  • Knowledge of strategic planning and short and long-range goal implementation.

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