Chief Financial Officer (CFO) - Critical Access Hospital

BOUNDARY COMMUNITY HOSPITALBonners Ferry, ID
1d

About The Position

The Chief Financial Officer is responsible for the activity in the Accounting Department (Accounts Payable/Receivable/Accounting), Revenue Cycle, Materials Management and other departments as assigned. Oversees and verifies accounting transactions in these departments (revenue and expense; variances, benchmarks, and statistics). Responsible for preparation of hospital budget, regulatory reports, monthly and annual financial report, and bench marking reports. Reports financial health of the organization to the other members of Executive Leadership, as well as the Board of Trustees.

Requirements

  • Bachelor’s degree in Finance, Accounting, or a related field (Master’s preferred).
  • CPA, CMA, or FHFMA certification preferred.
  • Minimum of three (3) years of experience as a Chief Financial Officer.
  • Minimum of seven (7) years of progressive leadership experience in healthcare finance or a related industry.
  • Experience managing financial operations in a Critical Access Hospital or similar healthcare setting preferred.
  • Proven ability to develop and implement financial strategies that drive organizational success.
  • Strong knowledge of financial regulations, reporting requirements, and healthcare reimbursement models.
  • Exceptional leadership, strategic planning, and communication skills.

Nice To Haves

  • Master’s degree in Finance, Accounting, or a related field
  • CPA, CMA, or FHFMA certification
  • Experience managing financial operations in a Critical Access Hospital or similar healthcare setting

Responsibilities

  • Provide financial leadership to drive operational effectiveness and fiscal responsibility.
  • Assess and report on the organization’s financial position, issuing periodic financial and operational reports.
  • Oversee financial budgeting, revenue cycle, materials management and accounting functions.
  • Develop and implement policies and procedures to safeguard assets and ensure GAAP and regulatory compliance.
  • Maintain accountability for federal and state reporting requirements.
  • Ensure adherence to system-wide financial policies and procedures.
  • Cultivate positive relationships and effective communication with lending institutions, the financial community, medical staff, employees, volunteers, community representatives, and board members.
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