Chief Financial Officer

1 week ago

Los Angeles, California, United States Hollywood Presbyterian Full time
Job Summary:

As the Chief Financial Officer at CHA Hollywood Presbyterian Medical Center, you will lead the organization's financial services, ensuring the highest financial viability and investment grade rating possible. You will direct the organization's financial planning and accounting practices, as well as its relationship with lending institutions, shareholders, and the financial community.

Key Responsibilities:
  • Develop and implement financial planning and accounting strategies to achieve organizational goals.
  • Oversee and direct treasury, budgeting, audit, tax, accounting, purchasing, real estate, and insurance activities.
  • Direct and analyze studies of general economic, business, and financial conditions and their impact on organizational policies and operations.
  • Participate in the facility's long-term and short-term financial process.
  • Direct and participate in the development of accounting, admission, credit/collection, and internal control policies and systems.
  • Coordinate and control the facility's cash and investment management activities.
  • Appraise the organization's financial position and issue periodic financial and operating reports.
  • Direct the Controller in providing and directing procedures and systems necessary to maintain proper records and to afford adequate accounting controls and services.
  • Analyze, consolidate, and direct all cost accounting procedures together with other statistical and routine reports.
  • Provide advice and guidance as necessary in preparing and analyzing financial reports and executing appropriate responsive actions.
  • Serve as a liaison between department directors and other hospital administrators/managers in coordinating interdepartmental planning efforts and addressing major issues.
  • Coordinate and control the facility's short-term cash activities in accordance with established financial policies and objectives.
  • Evaluate data processing needs on an ongoing basis and adapt programs to changing needs.
  • Direct the hospital's banks in executing cash management decisions and working with the appropriate investment managers in coordinating fund transfers and monitoring investment performance.
  • Recommend appropriate actions and strategies to respond to projected economic trends and/or regulatory changes.
  • Participate in the analysis of the financial implications of proposed capital projects and expenditures and recommend the execution of appropriate measures to respond to projected economic trends and/or regulatory changes.
  • Provide 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.
  • Ensure that accurate information is provided on a timely basis and assist, as needed, in facilitating the efficient conduct of external audits, examinations, and related financial projects.
  • Formulate department budgets and assist with the formulation of hospital capital budgets.
  • Initiate corrective action when variations arise.
Requirements:
  • Master's degree in Accounting, Finance, or a related field required.
  • Five years of recent experience in a similar position in an acute healthcare setting.
  • Highly developed organizational skills.
  • Demonstrated 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.

Weekly Hours: 40
Type: Exempt
FTE: 1.0

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