Chief Financial Officer (CFO)

Lifepoint Health•Las Cruces, NM

About The Position

Lifepoint Health is hiring a Chief Financial Officer to provide leadership and direction to all financial departments and oversee the overall fiscal responsibility of Memorial Medical Center in Las Cruces, New Mexico. Memorial Medical Center is a 199-bed hospital serving southern New Mexico, with comprehensive acute care services and investments in cardiovascular services, ambulatory care, and physician partnerships. The CFO oversees hospital accounting, patient business services, reimbursement, financial and statistical reporting, and related functions. The position supports the CEO and department managers in operational and capital planning and budgeting, monitors financial performance, prepares and ensures the accuracy and timeliness of financial reports, and identifies opportunities to reduce costs and increase revenue. The CFO also directs timely submission of financial data and reports required by government and other regulatory agencies. The role requires a hands-on, approachable leader who can work as part of a team, motivate staff, and support strong employee satisfaction.

Requirements

Bachelor’s degree in Accounting or Finance.
Knowledge of generally accepted accounting principles and the verbal, interpersonal, and quantitative skills normally acquired through 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, and approachable leadership style; team-oriented and outgoing, with a friendly personality.
Ability to motivate and inspire staff while maintaining high employee satisfaction.

Nice To Haves

CPA or a master’s degree is strongly preferred.

Responsibilities

Lead and direct all financial departments and oversee the hospital’s fiscal responsibility.
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 with development of 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 aligned with hospital plans and objectives.
Prepare cash-flow and budget-variance analyses and recommend budget modifications as needed.
Assist managers in developing 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.
Analyze and explore ways to reduce operating costs and increase revenues using knowledge of market trends, financial reports, and operating procedures.
Direct and submit on time financial data and reports required by government and other regulated agencies, including payroll tax reports, public disclosure reports, and third-party payor cost reports.
Motivate and inspire staff to achieve results while maintaining high employee satisfaction.