Chief Financial Officer (CFO) - Critical Access Hospital

BOUNDARY COMMUNITY HOSPITALBonners Ferry, ID
Onsite

About The Position

The Chief Financial Officer (CFO) is responsible for the activity in the Accounting Department (Accounts Payable/Receivable/Accounting), Revenue Cycle, Materials Management and other departments as assigned. The CFO oversees and verifies accounting transactions in these departments, including revenue and expense, variances, benchmarks, and statistics. This role is responsible for the preparation of the hospital budget, regulatory reports, monthly and annual financial reports, and benchmarking reports. The CFO reports the financial health of the organization to the other members of Executive Leadership, as well as the Board of Trustees.

Requirements

  • Bachelor’s degree in Finance, Accounting, or a related field.
  • Prior Controller or CFO experience required.
  • Proven ability to develop and implement financial strategies that drive organizational success.
  • Strong knowledge of financial regulations, reporting requirements, and healthcare reimbursement models.
  • Exceptional leadership, strategic planning, and communication skills.

Nice To Haves

  • Master’s degree preferred.
  • CPA, CMA, or FHFMA certification preferred.
  • Experience managing financial operations in a Critical Access Hospital or similar healthcare setting preferred.

Responsibilities

  • Provide financial leadership to drive operational effectiveness and fiscal responsibility.
  • Assess and report on the organization’s financial position, issuing periodic financial and operational reports.
  • Oversee financial budgeting, revenue cycle, materials management and accounting functions.
  • Develop and implement policies and procedures to safeguard assets and ensure GAAP and regulatory compliance.
  • Maintain accountability for federal and state reporting requirements.
  • Ensure adherence to system-wide financial policies and procedures.
  • Cultivate positive relationships and effective communication with lending institutions, the financial community, medical staff, employees, volunteers, community representatives, and board members.
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