Chief Financial Officer

Surgery Partners•Durango, CO

5d•$180,000 - $280,000

About The Position

The Chief Financial Officer (CFO) provides financial strategic leadership for two similarly sized surgical-focused hospital facilities within the Surgery Partners network. The CFO assists the Hospital CEO and other hospital leaders with financial and legal matters and has operational responsibility for accounting, purchasing, revenue integrity, health information systems, and patient access. Given the size of the facilities, the role requires hands-on expertise and may involve helping reporting departments execute their operational work. The CFO balances operational oversight with strategic management, and is ultimately accountable for the organization’s financial strategic success. The position reports to the Division CFO and has a dotted-line reporting relationship with the facility CEOs. The CFO prepares and recommends annual budgets for Board and Management Company approval, ensures prudent use of resources within approved budgetary guidelines and applicable laws and regulations, establishes and maintains appropriate internal and management controls, and works to optimize revenue cycle, billing, and collections. The role leads financial management, revenue integrity, cash and treasury functions, financial reporting, accounting, purchasing, and materials management, while overseeing designated operational departments and their leaders. The position is based at Animas Surgical Hospital (Animas Health) in Durango, Colorado. The posted exempt salary range is $180,000–$280,000; pay is determined based on qualifications, experience, and bonus eligibility. Healthcare personnel immunization and screening requirements apply. The organization is a drug-free workplace and conducts pre-employment screening, including drug testing and criminal background checks.

Requirements

Bachelor’s degree from a recognized university in finance, accounting, or health care administration.
Seven to ten years of progressive leadership experience in hospital finance.
Knowledge of health care regulatory compliance, central supply management, SOX compliance, and GAAP.
Excel expertise.
Ability to work independently and as part of a team.
Experience developing and motivating staff, with an 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 of patient 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, including the ability to speak to large and diverse groups.
Professional appearance and ability to present a positive image of the organization to the public.
Ability to exercise considerable judgment and discretion.
Understanding of the hospitals’ mission and vision, and ability to operate in a patient-focused care environment, work effectively as a team member, and comply with hospital policies and procedures.
Compliance with the stated healthcare personnel immunization and screening requirements, with vaccine records or evidence of immunity required before the first scheduled workday.
Successful completion of required pre-employment screenings, including drug testing and criminal background checks.

Nice To Haves

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

Responsibilities

Prepare and recommend annual budgets for Board and Management Company approval, and ensure resources are managed prudently within budgetary guidelines and applicable laws and regulations.
Establish and maintain appropriate internal and management controls, and ensure revenue cycle, billing, and collections are optimized.
Lead revenue integrity and overall financial management.
Conduct comparative analysis, aggregate data, and prepare operating and capital budgets in alignment with field and managing partner strategy.
Develop and oversee organizational cash management strategy, including liquidity for operational, capital, and strategic needs, cash conversion cycles, accounts receivable optimization, risks, and contingency funding plans.
Develop and disseminate cash accounting, line-item budgets, forecasts, models, and other financial data; provide feedback on operational financial and statistical results and recommend improvements.
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; evaluate financial and accounting 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 and coordinate reimbursement, patient accounting, and general accounting functions, including general ledger accounting, accounts payable, and cashiering.
Prepare reports describing the hospital’s financial position, including assets, liabilities, income, and expenses, based on past, present, and planned operations.
Lead purchasing and materials management and develop policies and procedures that strengthen purchasing power and maintain operational efficiency.
As applicable, direct and oversee central supply program planning, practices, procedures, and personnel.
Recruit, hire, train, and provide organizational support for key areas of operational responsibility.
Identify issues affecting efficiency, productivity, or morale in assigned areas and complete employee evaluations on time in accordance with company policy.
Maintain positive relationships with internal and external customers, address customer needs promptly, and solve problems effectively.
Keep the Division President, field CEOs, and appropriate staff informed of problems and recommend solutions.
Maintain working relationships with Surgery Partners functional support departments and leaders, including revenue cycle, supply chain, human resources, treasury, and accounting, and with 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 extra assignments, adapt to change and work pressures, improve work methods, and use resources cost-effectively.