Chief Financial Officer, Facility

Lifepoint Health•Warrenton, VA

1d•Onsite

About The Position

Lifepoint Health has an opportunity for a Chief Financial Officer. The CFO will have oversight of Fauquier Health located in Warrenton, VA. In November of 2013, Fauquier Health partnered with LifePoint Health. Today, Fauquier Health is a community health system dedicated to high-quality, patient-centered care. Nationally recognized as a Top Hospital by the Leapfrog Group and accredited by the Joint Commission, Fauquier Health has achieved recognition as a Certified Primary Stroke Center, as a Center of Excellence for Joint Replacement and as an accredited Chest Pain Center. Fauquier Health includes a fully accredited, 97-bed acute care hospital; The Villa at Suffield Meadows, an assisted living facility; and multiple physician’s offices, including primary care, gastroenterology, general surgery, OB/GYN and specialty practices. The Chief Financial Officer provides leadership and direction to all financial departments for the overall fiscal responsibility of the hospitals.

Requirements

Bachelor’s Degree in Accounting or Finance and the knowledge of generally accepted accounting principals (GAAP), and verbal, interpersonal and quantitative skills normally acquired through completion of this degree is required.
A minimum of 3 years of experience working at the CFO level in an acute-care hospital is required.
Must be a strong, hands-on and approachable leader who understands the value of being a team-player and have an outgoing and friendly personality.
Must understand how to motivate and inspire staff to achieve optimal results, while keeping employee satisfaction high.

Nice To Haves

CPA or Master's degree preferred.
Minimum of three years of progressive management experience in an investor-owned healthcare organization preferred.

Responsibilities

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, material management and medical records functions.
Train subordinates on the above areas and monitors performance to ensure fiscal responsibilities are fulfilled.
Assist the 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.
Recommend budget modifications as needed. Assist managers in the development of departmental budgets.
Monitor, interpret and analyze hospital financial performance in realizing established plans and objectives of the hospital.
Identify and reports undesirable trends and potential business opportunities and makes 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 assures that the reports reliably reflect the financial position of the hospital.
Assume a lead role in analyzing and exploring means of managing hospital operating expenses and improving 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 regulated agencies including payroll tax reports, public disclosure reports and third party payor cost reports.