Chief Financial Officer

Surgery Partners, Inc•Durango, CO

13h•$180,000 - $280,000•Onsite

About The Position

The Chief Financial Officer (CFO) provides financial strategic leadership for two similarly sized, surgery-focused hospital facilities within the Surgery Partners network. The CFO assists the Hospital CEO and other hospital leaders with the financial and legal aspects of the business and has operational responsibility for accounting, purchasing, revenue integrity, health information systems, and patient access. Given the facilities’ size, the CFO maintains hands-on expertise in supervised areas and may assist with operational execution while balancing those demands with strategic management responsibilities. The role reports to the Division CFO and has a dotted-line reporting relationship with the facility CEOs, and is ultimately accountable for the organization’s financial strategic success. The CFO leads financial management, budgeting, treasury and cash management, financial reporting, revenue integrity, purchasing, and materials management. The role oversees relevant department leaders and teams, develops and recommends budgets and financial plans, monitors performance and expenditures, and establishes effective financial and management controls. The CFO also recruits, trains, supports, and evaluates staff in areas of operational responsibility; works with hospital leadership, Board members, physicians, staff, and Surgery Partners support functions; and helps ensure compliance with applicable laws, regulations, policies, and procedures. The position requires a bachelor’s degree in finance, accounting, or healthcare administration and 7–10 years of progressive leadership experience in hospital finance. A master’s degree is preferred. CPA, CMA, or Certified Manager of Patient Account credentials are preferred but not required. The CFO must be knowledgeable in healthcare regulatory compliance, central supply management, SOX compliance, and GAAP, and must have Excel, computer proficiency, and data analysis skills. The role also requires demonstrated leadership, budget development, strategic planning, communication, relationship-building, confidentiality, judgment, flexibility, and the ability to prioritize and work effectively in a stressful environment. The stated exempt salary range is $180,000–$280,000, with compensation determined by qualifications, experience, and bonus eligibility. The position has physical requirements that include lifting, carrying, pushing, and/or pulling more than 10 pounds, as well as specified movements and sensory and communication activities. The work environment may involve exposure to healthcare-related hazards, including chemicals, sharps, blood and body fluids, infectious materials, radiation, and moving mechanical parts; protective equipment may be necessary. Required immunization records or evidence of immunity must be provided before the first scheduled workday. The employer conducts a pre-employment drug screen, including marijuana, and maintains a drug-free workplace.

Requirements

Bachelor’s degree from a recognized university in finance, accounting, or healthcare administration.
7–10 years of progressive leadership experience in a hospital finance setting.
Knowledge of healthcare regulatory compliance, central supply management, SOX compliance, and GAAP.
Expertise in Excel.
Ability to work independently and as part of a team.
Experience developing and motivating staff, with understanding of general human resources management principles and employment law.
Computer proficiency and data analysis experience.
Demonstrated experience developing and overseeing large budgets and leading and implementing strategic planning initiatives.
Ability to build effective working relationships with physicians, staff, and Board members.
Demonstrated leadership ability and complex organizational management skills.
Ability to maintain confidentiality concerning patients’ personal, financial, and medical information.
Flexibility and ability to shift priorities, meet deadlines, and work in a stressful environment.
Excellent written and verbal communication skills and ability to speak to large and diverse groups.
Professional appearance and ability to provide a positive image of the organization to the public.
Ability to exercise considerable judgment and discretion.
Understand and support the hospital’s mission and vision, operate within a patient-focused care concept, work effectively as a team member, and comply with hospital policies and procedures.
Provide required vaccine records or evidence of immunity before the first scheduled workday; requirements include Hepatitis B, seasonal influenza, MMR, varicella, Tdap, and tuberculosis screening.
Complete the employer’s pre-employment drug screen, which includes marijuana.
Meet the listed physical requirements, including lifting, carrying, pushing, and/or pulling more than 10 pounds; specified movements for five or more hours per day; and hearing, seeing, and speaking to perform essential functions.

Nice To Haves

Master’s degree.
CPA, CMA, or Certified Manager of Patient Account certification; these credentials are preferred but not required.

Responsibilities

Prepare and recommend annual budgets for Board and Management Company approval, and manage resources within approved budgetary guidelines and applicable laws and regulations.
Establish and maintain appropriate internal and management controls, and optimize revenue cycle, billing, and collections.
Lead facility revenue integrity and financial management.
Conduct comparative analysis, aggregate data, and prepare operating and capital budgets aligned with field and managing partner strategy.
Develop and disseminate cash accounting, line-item budgets, forecasts, models, and other financial data; provide feedback on operating results and recommend improvements.
Develop organizational cash management strategy and oversee treasury functions, liquidity, cash conversion cycles, accounts receivable optimization, risks, and contingency funding plans.
Evaluate the organization’s financial position, recommend financial plans and budgets for Board approval, and monitor expenditures against revenue.
Direct the development and planning of financial reporting systems; review accounting and financial systems, policies, and procedures; and implement improvements.
Develop financial policies and procedures that protect assets and improve operational efficiency.
Direct financial and revenue integrity team leaders and collaborate with senior leaders on major financial plans, including capital expenditure programs.
Maintain departmental reports and records and collect statistical data for administrative and regulatory purposes.
Supervise reimbursements, patient accounting, and general accounting, including general ledger accounting, accounts payable, and cashiering.
Prepare reports on hospital assets, liabilities, income, and expenses, reflecting past, current, and planned operations.
Lead facility purchasing and materials management, and develop related policies and procedures to support purchasing power and operational efficiency.
May oversee planning, practices, procedures, and personnel associated with hospital central supply programs.
Recruit, hire, train, and provide organizational support for staff in areas of operational responsibility; identify issues affecting efficiency, productivity, or morale; and complete employee evaluations on time.
Maintain positive relationships with internal and external customers, respond to customer needs, and address problems effectively.
Keep the Division President, field CEO, and appropriate staff informed of problems and recommend solutions.
Maintain working relationships with Surgery Partners functional support departments and leaders and other West Division leadership team members.
Participate in the education and development of peers and other staff.
Develop work plans and due dates, follow through on assignments, prioritize effectively, accept additional assignments, adapt to change and work pressures, improve work methods, and use resources cost-effectively.