Market Chief Financial Officer Job Opening
Market Chief Financial Officer
Medical Center Barbour• Eufaula, Alabama
POSITION SUMMARY: The Chief Financial Officer (CFO) drives key strategic initiatives for multiple facilities, providing over-sight of all Financial Operations and operational performance. This position will also have regional responsibilities that include multi-hospital campuses.
ESSENTIAL FUNCTIONS: To perform this job, an individual
must perform each essential function satisfactorily with or without a reasonable accommodation. Administer the general accounting, patient business services, including third party reimbursement, financial, and statistical reporting functions of the hospital in accordance with established policies and accounting procedures. Provide formal or informal direction in data processing, distributed systems, materials management and medical records functions. Train subordinates on the above areas and monitor performance to ensure fiscal responsibilities are fulfilled. Assist the Chief Executive Officer (CEO) in the development of long and short-range hospital operations plans that may include service demand analyses, resources availability analyses and cost benefit analyses of proposed capital and staff expansions. Develop long and short-range operational and capital budgets, which are supported by the hospitals long and short-range plans and objectives. Prepare cash flow analyses and budget variance analyses and make recommendations on budget modifications as required. Assist managers in the development of departmental budgets and the budget process. Monitor, interpret, and analyze hospital financial performance in realizing established plans and objectives of the hospital. Identify and report undesirable trends and potential business opportunities and make recommendations for action. Direct the preparation of internal financial reports including work papers for annual financial audit. Assure the timely and accurate preparation of financial reports and assure the reports reliably reflect the financial position of the hospital. Assume a lead role in analyzing and exploring means of reducing hospital operating costs and increasing revenues based on knowledge of market trends, financial reports and operating procedures. Responsible for direction and submission on a timely basis all financial data associated reports required by government and other regulatory agencies including payroll tax reports, public disclosure reports and third-party payor cost reports.