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Senior Financial Executive – Healthcare Operations

2 months ago

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MARKET OVERVIEW:

Healthcare Group - Tenet Healthcare

For over a century, Tenet Healthcare has been a cornerstone in delivering exceptional medical services to communities. With a commitment to innovation and comprehensive care, we ensure that patients receive the necessary treatments close to home. Our facilities are equipped with cutting-edge technology and a dedication to patient-centered care.

At Tenet Healthcare, we pride ourselves on creating a supportive environment for both patients and staff. Our diverse range of services, from advanced surgical procedures to specialized rehabilitation programs, reflects our mission to provide top-tier healthcare without the need for extensive travel.

We have received numerous accolades for our excellence in various medical specialties, affirming our commitment to quality care and patient satisfaction.

POSITION OVERVIEW:

The Chief Financial Officer (CFO) is tasked with protecting the organization’s assets and ensuring that financial statements are accurately prepared in accordance with Generally Accepted Accounting Principles (GAAP). The CFO will oversee compliance with financial policies and procedures while ensuring that internal controls are effectively designed and implemented. As a vital member of the executive team, the CFO will contribute to the development and execution of strategic business initiatives.

FUNCTIONAL EXPECTATIONS & REQUIREMENTS:

The CFO will identify and assess financial risks, establish mitigation strategies, and communicate financial opportunities to senior leadership. Responsibilities include monitoring financial performance and maintaining robust financial forecasts. The CFO must possess strong business acumen to collaborate effectively with various departments, including Compliance, Accounting, and Legal.

Key responsibilities include:

  • Analyzing operational results to ensure alignment with budgetary goals and advising on necessary adjustments.
  • Establishing sound financial controls and maintaining accurate record-keeping.
  • Staying informed of regulatory changes and adapting policies accordingly.
  • Ensuring ethical conduct in all financial operations.
  • Developing and monitoring the annual budget in collaboration with relevant departments.
  • Preparing financial forecasts and managing cash flow effectively.
  • Collaborating with senior leadership on strategic financial planning.
  • Evaluating capital project investments and managing expenditures in line with financial projections.

LEADERSHIP EXPECTATIONS:

As a leader in healthcare, Tenet is dedicated to delivering the highest quality of care. Strong leadership is crucial for achieving this goal, and we are committed to supporting our leaders through training and development.

Core competencies for success include:

  • Demonstrating financial operational excellence and accountability.
  • Identifying revenue generation opportunities and promoting strategic initiatives.
  • Engaging collaboratively with teams to drive performance improvements.
  • Establishing realistic financial goals aligned with organizational objectives.
  • Developing talent and fostering a culture of continuous improvement.

CANDIDATE QUALIFICATIONS:

The ideal candidate will possess a minimum of ten years of progressive financial experience in healthcare or a related field, with expertise in:

  • General accounting and financial statement preparation.
  • Strategic financial planning and budgeting.
  • Negotiating managed care contracts.
  • Understanding healthcare trends and their implications.

EDUCATION & CERTIFICATIONS:

A Bachelor's degree in Finance or Accounting is required, with an MBA, MHA, or CPA designation preferred.

COMPENSATION:

A competitive compensation package will be offered, including a performance-based bonus and comprehensive benefits.

TRAVEL:

Minimal travel is expected for this role.

Tenet adheres to all applicable laws regarding workforce vaccination requirements.