Chief Financial Officer (CFO)

Lifepoint Health•Las Cruces, NM

13d•Onsite

About The Position

Lifepoint Health is hiring a Chief Financial Officer to oversee Memorial Medical Center in Las Cruces, New Mexico. Memorial Medical Center is a 199-bed hospital serving southern New Mexico, providing comprehensive acute care and growing through investments in cardiovascular services, ambulatory care, and physician partnerships. The CFO leads and directs the hospital’s financial departments and is responsible for its overall fiscal stewardship. The role administers accounting, patient business services, reimbursement, financial and statistical reporting, and related functions; supports planning and budgeting; monitors financial performance; and ensures accurate, timely financial reporting and regulatory submissions. The CFO also works with the CEO and department managers on operational plans, budgets, cost management, revenue opportunities, and resource decisions.

Requirements

Bachelor’s degree in Accounting or Finance.
Knowledge of generally accepted accounting principles and the verbal, interpersonal, and quantitative skills normally acquired through completion of the required degree.
At least 3 years of experience working at the CFO level in an acute-care hospital.
At least 3 years of progressive management experience in an investor-owned healthcare organization.
Strong, hands-on, approachable leadership; understanding of the value of teamwork; and an outgoing, friendly personality.
Ability to motivate and inspire staff to achieve optimal results while maintaining high employee satisfaction.

Nice To Haves

CPA or master’s degree.

Responsibilities

Lead and direct the hospital’s financial departments and overall fiscal responsibilities.
Administer general accounting, patient business services, third-party reimbursement, and financial and statistical reporting 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 and monitor their performance to ensure fiscal responsibilities are fulfilled.
Assist the CEO in developing long- and short-range hospital operations plans, including service demand, resource availability, and cost-benefit analyses of proposed capital and staff expansions.
Develop long- and short-range operational and capital budgets supported by hospital plans and objectives.
Prepare cash flow and budget variance analyses, recommend budget modifications, and assist managers with departmental budgets.
Monitor, interpret, and analyze hospital financial performance against established plans and objectives.
Identify and report undesirable trends and potential business opportunities, and recommend action.
Direct preparation of internal financial reports, including work papers for the annual financial audit.
Ensure financial reports are timely, accurate, and reliably reflect the hospital’s financial position.
Lead analysis of opportunities to reduce operating costs and increase revenues, informed by market trends, financial reports, and operating procedures.
Direct and ensure timely submission of financial data and reports required by government and other regulated agencies, including payroll tax reports, public disclosure reports, and third-party payor cost reports.