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Interim Chief Financial Officer

Company: Community Hospital Corp
Location: Plano
Posted on: May 3, 2024

Job Description:

Our Interim Chief Financial Officers follow the direction of the Hospital CEO, Board of Directors and CHC's VP of Hospital Financial Operations. The CFO is responsible for providing leadership and oversight of the overall financial planning and financial operations while ensuring compliance with the hospital's mission, vision, values, goals, strategic direction, and applicable laws and regulations.The CFO appraises the organization's financial position and issues periodic financial and operating reports; directs the hospital's financial planning, revenue cycle, payroll, and accounting practices; oversees and directs treasury, budgeting, audit, tax, purchasing, real estate and insurance.The CFO develops and implements policies and procedures to include safeguarding of assets and adherence to generally accepted accounting principles; ensures proper accountability and reporting to federal and state agencies and all matters pertinent to a fiscally responsible flow of operations. S/he assures the implementation and adherence to CHC system-wide financial policies and procedures.The CFO is responsible for positive relationships and effective communications with lending institutions, the financial community, Community Hospital Corporation, medical staff, employees, volunteers, community representatives and board members as appropriate.Positions are currently available in Colorado, New Mexico and Texas.Major Responsibilities

  • Assures hospital compliance with federal, state and local government laws and regulations, accrediting agency standards, hospital policies and procedures and rules and regulations. Retains all hospital accreditations, licensures and designations in good standing. Acts promptly to comply with required changes.
  • 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 / 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.
  • 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.
  • Internal Communication and Relationship: Demonstrates effective interpersonal relations including influencing/persuading at all levels inside the hospital and corporation. Builds rapport and trust with team through frequent/timely communication. Develops and maintains effective medical staff relationships. Seeks input from stakeholders. Anticipates and addresses concerns. Contributes to the creation of a culture of communication.
  • Works with Board, senior management team, physicians and staff to develop, implement, and update strategies and opportunities for growth and improvement to support the hospital's mission and respond to external and internal issues.
  • Talent Development: Wants people to develop. Accurately assesses developmental needs and provides frequent feedback, coaching, and personal development opportunities. Faces up to performance and behavior problems quickly and directly. Takes action promptly to remove talent that is non-responsive to coaching and developmental activity.
  • Champion for Change: Speaks out for change and helps staff understand reasons for, and benefits from, change. Links change to work processes and involves stakeholders in the change process. Follows through on change initiatives. Maintains the hospital's compliance with all regulatory and legal requirements. Supervisory Responsibilities
    • Manage subordinate manager(s) who supervise employee(s) and/or supervise individual contributors as appropriate
    • Provide overall direction, coordination and evaluation of all units under supervision
    • Carry out supervisory responsibilities in accordance with hospital and CHC's policies and applicable laws
    • Interview, hire, and train employees
    • Plan, assign and direct work
    • Appraise performance and develop staff
    • Reward and recognize notable performance
    • Address complaints, resolve problems and address unacceptable behavior
      • BS/BA degree in finance, accounting, business or a related discipline required. A CPA designation preferred. A graduate level degree is a plus.
      • 5 - 7 years of progressive career experience in Hospital Finance/Accounting.
      • Hospital CFO experience 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.
      • MEDHOST and Athena experience preferred Skills and Knowledge
        • 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
        • Skill in establishing a balanced perspective on mission effectiveness and business results
        • Possess a strong customer service orientation
        • Possess critical thinking skills
        • Possess sound and accurate judgment and timely decision making
        • Proficient PC skills, including Microsoft Word and Excel spreadsheets Benefits include a competitive salary and relocation package.About Community Hospital Corporation:Community Hospital Corporation is a Texas not-for-profit company whose sole mission is to help not-for-profit hospitals remain community-operated and governed. CHC owns, manages and consults with hospitals through three distinct organizations - CHC Hospitals, CHC Consulting and CHC Continue Care, which share a common purpose of preserving and protecting community hospitals. Based in Plano, Texas, the organization provides the resources and experience community hospitals need to improve quality outcomes, patient satisfaction and financial performance.For more information about CHC, please visit the company website at .CHC is a tobacco and drug free workplace. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Keywords: Community Hospital Corp, Plano , Interim Chief Financial Officer, Executive , Plano, Texas

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