Chief Financial Officer, Union County General Hospital

3 weeks ago

Clayton, New Mexico, United States Community Hospital Full time
Job Summary

The Chief Financial Officer at Union County General Hospital will provide leadership and oversight of the overall financial planning and financial operations of the hospital. This includes ensuring compliance with the hospital's mission, vision, values, goals, strategic direction, and applicable laws and regulations.

Key Responsibilities
  • Appraise the organization's financial position and issue periodic financial and operating reports.
  • Direct the hospital's financial planning, revenue cycle, payroll, and accounting practices, oversee and direct treasury, budgeting, audit, tax, purchasing and real estate.
  • Develop and implement policies and procedures to include safeguarding of assets and adherence to generally accepted accounting principles.
  • Ensure proper accountability and reporting to federal and state agencies and all matters pertinent to a fiscally responsible flow of operations.
  • Assure the implementation and adherence to CHC system-wide financial policies and procedures.
  • Maintain productive relationships with lending institutions, the financial community, Community Hospital Corporation, medical staff, employees, volunteers, community representatives and board members as appropriate.
  • Supervise the Business Office, Medical Records, Information Technology and Materials Management/Purchasing.
Major Responsibilities
  • Supports the mission of the hospital.
  • Assures hospital compliance with federal, state and local government laws and regulations, accrediting agency standards and hospital policies and procedures rules and regulations.
  • Participates in the development of the facility's strategic plan and short and long-term objectives which will ensure the continued growth of the facility and the provision of necessary services to the community; implementing plans and programs as approved by the governing board.
  • Operations Management: Collects and analyzes data from internal and external sources regarding current way of doing business, finance, accounting, information management and related processes. Conducts needs analysis, identifies and prioritizes needs, applies good problem solving skills. Identifies alternate processes and potential solutions and acts to implement changes to improve financial operations.
  • Safety and Quality of Care: Leads and maintains a culture of safety and quality including a safe functional environment. Provides opportunities for all who work in the hospital to identify safety and/or quality issues, bring issues to management's attention, and participate in safety and quality initiatives and planning.
  • Financial Management: Participates in the preparation and management of sound operating, project and capital budgets. Ensures the effective use of risk management, financial controls, productivity measures, reimbursement principles and contracting. Meets budget-critical financial metrics. Effectively negotiates third-party contracts. Provides stewardship of all financial and physical resources.
General Duties
  • Is actively committed to meeting and/or exceeding physician expectations/satisfaction in the performance of job functions.
  • Is actively committed to meeting and/or exceeding employee expectations/satisfaction in the performance of job functions.
  • Retains all hospital accreditations, licensures and designations in good standing.
  • Maintains compliance with all laws and applicable regulatory requirements. Acts promptly to comply with required changes.
Requirements

Requires BS/BA degree in finance, accounting, business or a related discipline. A graduate level degree and/or CPA designation is preferred.

Prior Experience:

  • This position requires at least 5 -7 years of progressive career experience in Hospital Finance/Accounting.
  • Hospital Controller or CFO experience is required.
  • Requires managerial experience and demonstrated understanding and experience with hospital financial reporting, revenue cycle management, accounting, budgeting, accounts payable, treasury, audit, tax, payroll, information technology and materials management.
Skills
  • Knowledge of hospital and health care practices and procedures as well as laws, regulations, and guidelines pertaining to health care finance.
  • Knowledge of financial management, accounting systems, treasury practices, risk management, financial controls, productivity measures, risk management, reimbursement principles, management care contracting, information management, and materials management.
  • Knowledge of and demonstrated skill in leadership, strategic management, change management, communications, team building, continuous quality improvement, problem solving, decision-making, innovation, and stewardship of resources.
  • Possess a strong customer service orientation.
  • Proficient PC skills, including Microsoft Word and Excel spreadsheets, Word and PowerPoint.
  • Ability to motivate and manage people and work with them in such a manner as to build high morale and group commitments to goals and objectives.
  • Ability to work with all levels of management and respecting all differences.
  • Ability to work with Medicare system and be adaptable to changes.

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