HealthTech, an award-winning healthcare consulting and strategic hospital services firm, is seeking a Chief Financial Officer (CFO) to work with this amazing hospital in the southwest corner of New Mexico.
Job Summary
The Chief Financial Officer (CFO) reports to the Chief Executive Officer (CEO) of the hospital and is responsible for all financial and accounting functions in accordance with all local, state and federal laws and regulations. The CFO provides leadership, financial oversight, and direction to ensure the overall financial well-being of the hospital. The CFO is an integral member of the senior leadership team and has overall responsibility for accounting and financial statements, budget process, risk management, accounts payable, revenue cycle including HIM, patient access and patient financial services, reimbursement, managed care contracting, Medicare cost report, materials management, information systems, and the year-end audit.
This is a “hands on” CFO role with limited staff and it is expected that the CFO will have direct hands-on involvement with the accounting and revenue cycle teams.
Job Functions
- Review existing accounting policies and procedures and develop and implement new P&Ps as needed.
- Lead budget process implementing changes as needed. Assist the managers in the development of their departmental budgets.
- Prepare cash flow analyses and budget variance analysis.
- Develop the hospital's long-range and short-range strategic financial plan.
- Monitor, interpret and analyze the hospital's financial performance to meet the financial objectives of the hospital.
- Identify and report trends and potential business opportunities and make recommendations for action.
- Present to and educate board, staff, and community members on major financial issues (e.g., implications of CAH status, 340b, audit findings, cost reports, etc.).
- Assure the timely and accurate preparation of financial reports and assure that the reports reliably reflect the financial position of the hospital.
- Assist with the year-end financial audit as needed.
- Facilitate annual and interim Cost Report processes.
- Lead preparation of Annual Report to community and governmental stakeholders.
Experience
- Experience in or a very strong understanding of all the areas of responsibility described above.
- 3 to 5 years of experience as CFO of a rural or small community hospital; Controller experience of a larger hospital could be considered.
- Strong audit and accounting technical skills strongly preferred.
- CAH experience preferred.
- IT experience is ideal.
- Ability to implement internal controls.
Qualification
- A bachelor's degree in accounting or finance and knowledge of generally accepted accounting principles.
- CPA or master's degree is preferred.
Compensation
- Relocation assistance provided
Job Features
Job Category Finance
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