Chief Financial Officer, Southeast Colorado Hospital District

Community Hospital Corporation • Springfield, CO

15h • Onsite

About The Position

The Chief Financial Officer for Southeast Colorado Hospital District, Springfield, CO will follow the direction of the Chief Executive Officer, Board of Directors and CHC’s Vice President of Hospital Financial Operations. The CFO is responsible for providing leadership and oversight of the overall financial planning and financial operations of the hospital while ensuring compliance with the hospital’s mission, vision, values, goals, strategic direction, and applicable laws and regulations.
S/he appraises the organization's financial position and issues periodic financial and operating reports; directs the hospital's financial planning, revenue cycle, payroll, and accounting practices; oversees and directs treasury, budgeting, audit, tax, purchasing, and real estate. The CFO develops and implements policies and procedures to include safeguarding of assets and adherence to generally accepted accounting principles; ensures proper accountability and reporting to federal and state agencies and all matters pertinent to a fiscally responsible flow of operations. S/he assures the implementation and adherence to CHC system-wide financial policies and procedures.
The CFO is responsible for positive relationships and effective communications with lending institutions, the financial community, Community Hospital Corporation, medical staff, employees, volunteers, community representatives and board members as appropriate. S/he fulfills the leadership role in the CEO’s absence, as delegated.

Requirements

• BS/BA degree in finance, accounting, business or a related discipline required
• 5 – 7 years of progressive career experience in Hospital Finance/Accounting. Hospital CFO experience required.
• Requires managerial experience and demonstrated understanding and experience with hospital financial reporting, revenue cycle management, accounting, budgeting, accounts payable, treasury, audit, tax, payroll, information technology and materials management.
• Knowledge of hospital and health care practices and procedures as well as laws, regulations, and guidelines pertaining to healthcare finance.
• Knowledge of financial management, accounting systems, treasury practices, risk management, financial controls, productivity measures, risk management, reimbursement principles, managed care contracting, information management, and materials management.
• Knowledge of and demonstrated skill in leadership, strategic management, change management, communications, team building, continuous quality improvement, problem solving, decision-making, innovation, and stewardship of resources.

Nice To Haves

• A CPA designation preferred
• A graduate level degree is a plus
• Critical Access Hospital experience is a plus

Responsibilities

• Supports the mission of the hospital.
• Financial Management: Participates in the preparation and management of sound operating, project and capital budgets. Ensures the effective use of risk management, financial controls, productivity measures, reimbursement principles and contracting. Meets budget-critical financial metrics. Effectively negotiates third-party contracts. Provides stewardship of all financial and physical resources.
• Analyzes operational data to identify areas for improvement and implements solutions to enhance financial performance and efficiency.
• Assures hospital compliance with federal, state and local government laws and regulations, accrediting agency standards and hospital policies and procedures rules and regulations.
• Participates in the development of the facility’s strategic plan and short and long-term objectives which will ensure the continued growth of the facility and the provision of necessary services to the community; implementing plans and programs as approved by the governing board.
• Operations Management: Collects and analyzes data from internal and external sources regarding current way of doing business, finance, accounting, information management and related processes. Conducts needs analysis, identifies and prioritizes needs, applies good problem solving skills. Identifies alternate processes and potential solutions and acts to implement changes to improve financial operations.
• Ensures adequate staffing, talent development, and effective performance management.
• Accountability: Sets clear, consistent goals and expectations. Holds self and others accountable for decisions and actions. Demands high performance. Is reliable, keeps commitments, and delivers results. Creates an ownership culture.
• Guarantees the effective management and security of all hospital data and information systems.
• Maintains the hospital’s compliance with all regulatory and legal requirements.
• Actively participates in the hospital's Compliance Program, and practices timely with support documentation and reporting as required.

Benefits

• As a full time employee, Community Hospital Corporation offers a competitive salary, discretionary bonus opportunity, and eligibility to participate in the company benefit programs. These benefits include: Medical, Dental, and Vision insurance, health and dependent care spending accounts, 401(k) savings with match, life insurance, long-term and short-term disability coverage.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 5,001-10,000 employees