Chief Financial Officer

Kaweah HealthVisalia, CA
2d$0 - $999

About The Position

Kaweah Health is a publicly owned, community healthcare organization that provides comprehensive health services to the greater Visalia area in central California. With more than 5,000 employees, Kaweah Health provides state-of-the-art medicine and high-quality preventive services in our acute care hospital, specialized health centers and clinics. Our eight-campus healthcare district has 613 beds and offers comprehensive health services across a broad continuum of care. It takes a special person to work for Kaweah Health. We serve a region where the needs are great, which makes the rewards even greater. Every day, we care for people facing unique challenges and in need of healing. Throughout it all, our focus is to make a difference, and we do — in the health of our patients, our loved ones, and our community. The Chief Financial Officer (CFO) is a member of the Executive Team and plays a critical role in the success of the organization with primary responsibility for planning, implementing, managing and controlling all financial activities for Kaweah Health. This includes responsibility for revenue cycle, financial reporting, treasury management, materials management, decision support, investor and vendor relationships, and banking operations.

Requirements

  • Certified Public Accountant or Masters degree in Finance, Accounting, Economics or related field.
  • Healthcare financial industry experience with senior management responsibility.

Responsibilities

  • Establishes an integrated financial plan of operation (short- and long-term) compatible with Kaweah Health's objectives to provide adequate cash liquidity and forecasting to meet operating and capital expenditures.
  • Establishes and drives a plan of control and accountability by means of a formal budget, providing a standard of measurement so that actual performance can be evaluated and communicated to leadership.
  • Responsible for operational and financial leadership of the following departments and functions: Decision Support, Finance, HIM, Patient Accounting, Patient Access, Credit & Collections, ED Registrars, Materials Management, Managed Care, Central Logistics and SRCC- Radiation Oncology.
  • Evaluates the financial implications of existing service lines and business ventures or new/expanded service lines, including the development of financial proformas, and communicates findings and recommendations to senior management and the Board of Directors.
  • Manages the organization's cash and investments in a financial-prudent manner, in compliance with Kaweah's investment policy and State Law, and in a manner that maximizes return and liquidity.
  • Manages communication and relationships with credit rating agencies, bondholders and third-party lenders in a positive and effective manner.
  • Pursues and secures all necessary financing for Kaweah's operational and capital needs including traditional bank financing, leasing and tax-exempt and taxable revenue and general obligation bonds.
  • Assures an annual audit of various Kaweah enterprises is performed by a major independent audit firm.
  • Reviews, interprets, analyzes, and communicates financial reports and data to management, the Board of Directors, medical staff, community, employees, bondholders and banks.
  • Negotiates agreements with employers, insurance companies, HMO's, PPO's, or other third-parties according to policy established by the Board of Directors. Includes education when necessary on special organization and/or service area circumstances.
  • Demonstrates the knowledge and skills necessary to provide care and services appropriate to the population served on the assigned unit or work area.
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