Chief Financial Officer (CFO)

Carroll County Memorial Hospital • Carrollton, KY

11d • Onsite

About The Position

What if you had the opportunity to make a difference? Carroll County Memorial Hospital’s role is to improve the health and well-being of the residents and visitors to Carroll County and surrounding counties, by providing quality, compassionate, cost effective and convenient health care through community leadership and in collaboration with other healthcare organizations which serve our communities. Salaried Full-Time Position Physical Location – This Is NOT a Remote Position Carroll County Memorial Hospital 309 11th St. Carrollton, KY 41008

Requirements

• Educational requirements: Bachelor’s degree in finance or relevant field required; Master’s degree preferred.
• Previous Hospital/Healthcare Finance experience: minimum one-two years.
• Management expertise: Must possess the ability to-
• Supervise and oversee the functions and staff for areas of responsibility
• Develop and implement training programs to meet the training needs of his/her staff
• Communicate effectively both orally and in written form with all levels of internal and external customers of the departments supervised
• Develop and implement policy and procedures consistent with Hospital, state and federal regulatory guidelines

Responsibilities

• Uphold CCMH’s Core Values of: Respect, Compassion, Justice, Stewardship, and Excellence
• Prepare and present timely and accurate monthly departmental operating reports. Attends and prepares monthly operating reviews for corporate.
• Organize and prepare monthly journal entries on a timely basis for the General Ledger.
• Prepare the annual Hospital budget, cost reports and other governmental financial and statistical reports.
• Monitor hospital cash receipts and disbursement for accuracy and internal control. Identifies revenue enhancement/cost containment opportunities based on financial analysis, observations and relationships inherent to the position.
• Prepare working papers for year-end audits and supervise audit activities.
• Maintain accurate records for filing financial and payroll related papers.
• Monitor the monthly reconciliation - all bank accounts to the General Ledger.
• Monitor, maintain and update all third-party contract files for accounting documentation.
• Supervise and coordinate the activities of Accounting, Business Office, Information Systems, Health Information Management, Patient Access, and Purchasing.
• In developing explanations surrounding monthly financial statements with coordinate efforts with reimbursement department and business office in order to explain significant events/fluctuations regarding net revenue, bad debt, accounts receivable and related contractual allowances.
• Review monthly financial statements with officers/department leaders and develop explanations regarding any applicable action plans.
• Develop long and short range operational and capital plans for the Executive team and CCMH Board of Directors.
• Assist the CEO, CNO and CCMH Board in development of strategic plans.
• Coordinate data collection for key performance/financial indicators for quarterly reports and other benchmarking efforts.
• Originate ideas for improvement in practices and hospital.
• Follow chain of command and supports reporting relationships with CEO, CNO and managers.
• Maintain compliance with all generally accepted accounting principles and all federal and state regulations.
• Attend executive meetings and leadership meetings.

Benefits

• Carroll County Memorial Hospital offers a benefits package to eligible employees that includes welfare and retirement plans including Medical, Dental, Vision, Life insurance, Flexible Spending Accounts, Short-term and Long-term Disability, 401(k), Company-funded retirement contributions, and Paid Time Off.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 251-500 employees