Chief Financial Officer

6 hours ago


Los Angeles, California, United States Keck Medical Center of USC Full time
Job Summary

The Chief Financial Officer (CFO) for Keck Medical Center of USC is a senior-level finance leader responsible for overseeing the financial functions of the medical center. This includes financial reporting, operating and capital budgeting, audits and internal controls, cash flow management and purchasing, revenue cycle, debt attributed to Keck Hospital, funds flows from Keck Hospital to the Health System, strategic business planning, decision support, performance benchmarking, and predictive analytics.

Key Responsibilities
  • Lead the finance functions of Keck Hospital, including financial reporting, operating and capital budgeting, audits and internal controls, cash flow management and purchasing, revenue cycle, debt attributed to Keck Hospital, funds flows from Keck Hospital to the Health System, strategic business planning, decision support, performance benchmarking, and predictive analytics.
  • Coordinate with the Health System level office of Revenue Cycle, Supply Chain and Purchasing, Health Information Management, Government Reimbursement, and Financial Planning and Analytics to ensure adequate service to Keck Hospital and to share managerial oversight of any staff assigned to Keck Hospital operations.
  • Responsible for reporting and performance accountabilities to the Keck Hospital CEO.
  • Manage the daily activities of the Associate Administrator of KMC Finance and associated financial analyst.
  • Serve as staff to the Keck Hospital Governing Board for financial matters.
  • Oversee the staff of USCHS Central Accounting and Finance staff; the Revenue Cycle, Purchasing & Supply, Decision Support, and Business Planning staff assigned to the Keck Medical Center.
  • Build collaborative working relationships with the University and Keck School of Medicine regarding accounting and finance issues.
  • Establish a succession plan for the CFO function, conducting professional development of direct reporting personnel to fulfill all responsibilities in the absence of the CFO of Keck & Norris.
  • Serve as a financial management and accounting subject-matter expert and advisor to the Keck Hospital CEO and the Health System CFO.
  • Actively participate in hospital and Health System business and strategic planning, including cost allocations among the hospitals and clinical operations, capital planning, and long-term financial plans.
  • Oversee system-wide functions for general ledger management, external and internal audit and internal controls, monthly financial close processes, accounting related policies and procedures, and accounts receivable/net revenue valuation.
Requirements
  • Bachelor's degree required in Finance, Accounting, Business, Health Administration, Public Administration or related field.
  • Master's degree required in Finance, Accounting, Business, Health Administration, Public Administration or related field.
  • 10 years of progressive financial healthcare management experience (5 years at a senior/executive level).
  • Leadership experience at multi-hospital systems (with preference for academic health systems).
  • Direct experience with physician group practices and faculty practice plans.
  • Reputation for collaboration, emotional intelligence, and ability to function in highly matrixed environments.
  • Proven ability to manage people and create professional development plans.
Preferred Qualifications
  • Active and current Certified Public Accountant (CPA).


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