Chief Financial Officer

2 days ago

Port Arthur, Texas, United States IASIS Healthcare Full time
Job Title: Chief Financial Officer

Steward Health Care is seeking a highly skilled and experienced Chief Financial Officer to lead our financial operations and drive business growth.

Key Responsibilities:
  • Establish and monitor annual operating budgets in accordance with sound budgeting principles and corporate guidelines.
  • Supervise and develop managers in areas such as patient accounting, data processing, credit/collection, general accounting, purchasing, PBX, and admitting.
  • Direct subordinates in developing and implementing systems and procedures for effective and accurate record keeping.
  • Evaluate Steward's overall financial position and prepare periodic financial and operating reports.
  • Coordinate with other senior members of management in developing major financial plans, including capital expenditure programs.
  • Review and evaluate the effectiveness of all financial and accounting systems at Steward.
  • Direct the development and implementation of new systems, policies, and procedures as required.
  • Assist in developing new business by analyzing the feasibility of new ventures, including managed care contracts, and advise management of the financial prospects.
  • Attend promptly to the administrative details of the position, including the signing of documents, preparation of reports, completion of performance appraisals, and other employee-related actions.
  • Ensure that the financial operation of Steward is carried out in an ethical, responsible manner.
  • Analyze daily operating results to ensure that revenues, expenses, and labor are within budgeted objectives, advise department heads and administration of needed changes, improvements, etc.
  • Establish and maintain sound financial controls and record keeping with as few employees as possible.
  • Approve financial expenditures up to the level established by the Steward President.
  • Keep current of government regulatory requirements and rapidly changing reimbursement environment in order to develop and implement changes to policies and procedures as needed.
  • Manage Steward's financial resources.
  • Through subordinates, supervise and coordinate the functions of reimbursement, budget, patient accounting, and general accounting, which include general ledger accounting, accounts payable, and cashiering.
  • Participate in development of department objectives and organization structure.
  • Organize work of department, allocate and schedule work to be performed, and recommend positions and staffing required.
  • Participate in development of department operating budget and ensure that operations are maintained within allocated funds.
  • Establish and maintain appropriate records and reports.
  • Develop and implement policies and procedures for department and insure compliance within.
  • Provide for organization and maintenance of an effective system of accounting and cost determination.
  • Continually review and modify costs systems and data collection to assure maximum cost reimbursement for patient services.
  • Prepare periodic reports outlining Steward's financial position in all areas of assets, liabilities, income, and expense based on past, present, and planned future operations.
  • Prepare and effect timely filing of federal, state, third-party, and other financial reports as required.
  • Stay current with national and local economic conditions and serve as advisor to board director on their impact.
  • Recommend budget-planning guidelines to board director, coordinate preparation of current operating and capital budgets with Administrator for Steward.
  • In conjunction with Administrator of Steward-wide budgets to director for review and board approval.
  • Provide for current and adequate insurance protection to protect Steward from liability and other losses.
  • Supervise investigation, analysis, and present recommendations with respect to costs, charges, rates, etc. to permit income to support Steward's activities.
  • Prepare revisions to rate structure.
  • Participate in cost impact of personnel policies and programs such as employee benefit additions or changes, general salary increase, etc.
  • Perform costs studies involving third parties such as Blue Cross, and local, state, and federal agencies.
  • Participate in costs studies with Steward auditing firm representatives.
  • Audit financial basis for any Steward activity.
  • Participate in activities with third parties to expedite payment of long overdue accounts.
  • Direct and supervise department staff through subordinate managers, including review/approval of recommended personnel actions.
  • Implement and maintain established Steward policies and procedures, objectives, quality assurance, safety, environmental, and infection control.
  • Direct (through subordinate supervisors) care and maintenance of department facilities, equipment, and supplies.
  • Attend required meetings and participate on committees as required/requested.
  • Participate in professional activities; maintain professional affiliations to keep abreast of current trends/changes and legislation in the field.
  • Perform other duties as required/directed.
Requirements:
  • BS Degree in finance, accounting, or equivalent.
  • CPA and/or MBA is preferred.
  • Five or more years of progressively responsible finance experience.
  • Excellent management and communication skills.
About Steward Health Care:

Steward Health Care is a minority, physician-owned organization that is proud to be a leader in the healthcare industry. We are committed to providing high-quality care to our patients and communities.

We do not discriminate on the grounds of race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, and/or expression, or any other non-job-related characteristic.

We are an equal opportunity employer and welcome applications from diverse candidates.

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