Chief Financial Officer Supply Chain

HCA•Kaysville, UT

61d

About The Position

This position is incentive eligible. Introduction Last year our HCA Healthcare colleagues invested over 156,000 hours volunteering in our communities. As a Chief Financial Officer Supply Chain with HealthTrust Supply Chain you can be a part of an organization that is devoted to giving back! HealthTrust Supply Chain offers a total rewards package that supports the health, life, career and retirement of our colleagues. The available plans and programs include: Comprehensive medical coverage that covers many common services at no cost or for a low copay. Plans include prescription drug and behavioral health coverage as well as free telemedicine services and free AirMed medical transportation. Additional options for dental and vision benefits, life and disability coverage, flexible spending accounts, supplemental health protection plans (accident, critical illness, hospital indemnity), auto and home insurance, identity theft protection, legal counseling, long-term care coverage, moving assistance, pet insurance and more. Free counseling services and resources for emotional, physical and financial wellbeing 401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service) Employee Stock Purchase Plan with 10% off HCA Healthcare stock Family support through fertility and family building benefits with Progyny and adoption assistance. Referral services for child, elder and pet care, home and auto repair, event planning and more Consumer discounts through Abenity and Consumer Discounts Retirement readiness, rollover assistance services and preferred banking partnerships Education assistance (tuition, student loan, certification support, dependent scholarships) Colleague recognition program Time Away From Work Program (paid time off, paid family leave, long- and short-term disability coverage and leaves of absence) Employee Health Assistance Fund that offers free employee-only coverage to full-time and part-time colleagues based on income. Learn more about Employee Benefits Note: Eligibility for benefits may vary by location. Would you like to unlock your potential with a leading healthcare provider dedicated to the growth and development of our colleagues? Join the HealthTrust Supply Chain family! We will give you the tools and resources you need to succeed in our organization. We are looking for an enthusiastic Chief Financial Officer Supply Chain to help us reach our goals. Unlock your potential! Job Summary and Qualifications This is an Executive level position responsible for the overall strategic and financial operations of multiple Supply Chain Divisions (approximately 25-30 hospitals). This includes direct responsibility for accounting and finance, supply revenue integrity, and financial analysis. This position serves as the liaison for the transactional services of accounts payable. In addition, the Supply Chain CFO provides input to the processes for purchasing, customer service, internal control, contracting/sourcing, value analysis, clinical integration, and distribution. This individual is jointly responsible for managing over 300 million in annualized supply expenses through reviewing and optimizing the current GPO contract portfolio, developing comprehensive clinical and utilization protocols, and developing and executing a product standardization plan for the entire Division. This position supports the Supply Chain CEO in recruiting, directing, managing and evaluating over 175 FTEs located at the division, hospital or remote locations through an annual operations budget in excess of 35 million. This individual is responsible for building strategic relationships and ongoing alliances with key hospital and Division(s) C-suite leaders and other stakeholders. In todays challenging business environment of cost pressures, supply disruptions, and workforce shortages, it is crucial for providers to efficiently manage expenses and enhance performance. HealthTrust, in collaboration with 1,800 hospitals and health systems, offers a specialized group purchasing organization (GPO) membership model designed to deliver immediate and sustainable cost savings. Their team of experts provides tailored value acceleration engagements to address specific needs, delivering unparalleled benefits. With nationwide purchasing power and a focus on overall spending management, HealthTrust offers unmatched pricing advantages on supplies, along with industry-leading benchmarks and best practices. The dedicated team is committed to guiding and implementing performance enhancements in cost, quality, and outcomes. HCA Healthcare has been recognized as one of the World's Most Ethical Companies by the Ethisphere Institute more than ten times. In recent years, HCA Healthcare spent an estimated 3.7 billion in costs for the delivery of charitable care, uninsured discounts, and other uncompensated expenses. "There is so much good to do in the world and so many different ways to do it."- Dr. Thomas Frist, Sr. HCA Healthcare Co-Founder Be a part of an organization that invests in you! We are reviewing applications for our Chief Financial Officer Supply Chain opening. Qualified candidates will be contacted for interviews. Submit your application and help us raise the bar in patient care! We are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Requirements

Organization proactively prioritizes needs and effectively manages resources.
Communication communicates clearly and concisely.
Leadership· guides individuals and groups toward desired outcomes, setting high performance standards and delivering leading quality services.
Customer orientation establishes and maintains long-term customer relationships, building trust and respect by consistently meeting and exceeding expectations.
Tactical execution oversees the development, deployment and direction of complex programs and processes.
Policies & Procedures articulates knowledge and understanding of organizational policies, procedures and systems.
PC skills - demonstrates proficiency in Microsoft Office applications and others as required.
Financial management - applies tools and processes to successfully manage to budget.
Bachelors Degree in Accounting, Finance or related field required.
At least 5 years Accounting experience
Minimum 2 years supervisory experience

Nice To Haves

Experience in hospital finance operations preferred.

Responsibilities

Guarantee accurate and timely preparation, processing, distribution, and retention of all financial reports and records related to supply chain operations and hospital supply expense management
Provides financial insight and input to value analysis and clinical integration activities
Directs supply revenue integrity efforts to ensure accurate, consistent supply item charge capture in consolidated hospitals
Work closely with Division and hospital controllers and accounting staff to ensure continuous communication and smooth processing of accounts payable, expense allocations, supply charge capture issues, and other financial issues
Supervise and coordinate the following financial services: monthly and annual closing cycles, general ledger accounting and reconciliation, and budget review
Maintains and ensures full compliance with all applicable Sarbanes-Oxley (SOX) key internal controls
Ensure timely completion of Supply Chain Post Close Review Guide
Ensure consistent implementation of new accounts payable operating processes, standards, controls, and consolidation efforts across the division
Monitor key operating statistics on a consistent basis
Ensure adequate system of internal accounting control exists with appropriate separation of duties
Monitor all CSC departments and facility supply chain departments adherence to payroll policies and procedures
Coordinate with supply chain management, division financial personnel, and facility personnel in the creation of capital and operating budgets
Prepare annual budget and analysis, review for accuracy, and submit to CEO and division leadership
Prepare cost analysis, review expenses, and reconcile P&L accounts to ensure proper reporting of operations
Ensure that overall systems are being optimized to ensure a high level of productivity is being achieved, while maintaining accuracy in the results
Select, train, motivate and evaluate personnel to ensure quality of service and technical expertise
Interact with division financial resources to collect supply chain financial and performance data and ensure accuracy of data reported by facilities
Interpret and report trends in performance measurement data and recommend analytical or operational changes to maximize the supply chain organization financial and operational effectiveness and efficiency
Collaborate with the HCA Information Technology and Supply Chain Organization to define data collection, data storage, and analysis systems solutions
Provide the CEO and Group executives with financial reports according to corporate policy
Provide assistance to all management staff related to the performance of financial management matters
Track progress against budgets by groups and teams on a periodic basis and report to CEO, Group, Division, and Hospital C-Suite leaders and other key stakeholders
Work with corporate, hospital, and Division leadership to build revenue and cost models
Ensure compliance with government reporting requirements, including tax reports and payments
Practice and adhere to the "Code of Conduct" philosophy and "Mission and Value Statement"
Builds Supply expense and financial savings program
CFO provides preparation and information in the MOR inclusive of the supply expense analysis and supply review
Communicating expense plan to corporate and facility and stakeholders
Monitoring that savings plan
Oversite and direction of Procure to Pay operations
Given HealthTrust wide financial projects for analysis and project planning

Benefits

Comprehensive medical coverage that covers many common services at no cost or for a low copay. Plans include prescription drug and behavioral health coverage as well as free telemedicine services and free AirMed medical transportation.
Additional options for dental and vision benefits, life and disability coverage, flexible spending accounts, supplemental health protection plans (accident, critical illness, hospital indemnity), auto and home insurance, identity theft protection, legal counseling, long-term care coverage, moving assistance, pet insurance and more.
Free counseling services and resources for emotional, physical and financial wellbeing
401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service)
Employee Stock Purchase Plan with 10% off HCA Healthcare stock
Family support through fertility and family building benefits with Progyny and adoption assistance.
Referral services for child, elder and pet care, home and auto repair, event planning and more
Consumer discounts through Abenity and Consumer Discounts
Retirement readiness, rollover assistance services and preferred banking partnerships
Education assistance (tuition, student loan, certification support, dependent scholarships)
Colleague recognition program
Time Away From Work Program (paid time off, paid family leave, long- and short-term disability coverage and leaves of absence)
Employee Health Assistance Fund that offers free employee-only coverage to full-time and part-time colleagues based on income.