Chief Financial Officer

Prime Healthcare Management Inc•, PA

57d•$250,000 - $280,000

About The Position

Prime Healthcare is seeking candidates for Chief Financial Officer opportunities at facilities within its family of acute care hospitals, including future hospitals. The CFO leads a hospital’s financial operations and carries out policies established by the Governing Board, consistent with the hospital’s philosophy and practices. The role oversees financial planning, reporting, budgeting, cash flow, and financial records, and helps ensure funds are collected and spent effectively. The CFO also sets measurable goals, adapts to changing priorities, resolves complex problems, contributes to organizational performance improvement, and supports the organization’s mission and goals. Prime Healthcare is an award-winning health system headquartered in Ontario, California, with 54 hospitals and more than 360 outpatient locations. The organization has over 60,000 employees and physicians and serves communities across multiple states. The posting describes an executive leadership network for immediate and future opportunities.

Requirements

Bachelor’s degree in Accounting, Finance, or a closely related field.
Extensive knowledge of healthcare accounting practices and principles.
Progressively responsible experience in the accounting profession.
Five to seven years of experience in hospital accounting or finance.
Experience managing hospital financial matters related to budgeting, cash management, capital finance, and performance evaluations.
Proficiency with end-to-end hospital revenue cycle operations.
In-depth knowledge of insurance matters, regulations, reimbursement, information systems, and plant operations.
Familiarity with computer accounting programs.

Nice To Haves

Two years of management experience.
CPA.
Membership and active participation in ACHE and/or another professional organization.

Responsibilities

Carry out policies and procedures established by the Governing Board, consistent with the hospital’s philosophy and practices.
Present periodic reports on the hospital’s financial activities to the Governing Board or its authorized committees.
Plan, organize, and influence department activities and ensure hospital financial records are maintained according to generally accepted accounting standards.
Prepare annual operating, capital expenditure, and cash flow budgets, including expected receipts and expenditures and other required information, and submit them for approval.
Supervise financial affairs to ensure funds are collected and expended to the best possible advantage and within approved budgets.
Set realistic goals and meet them using criteria that measure effective outcomes, focus, and drive.
Adapt work schedules and assignments to changing demands and priorities.
Use analytical abilities, pragmatism, and other tools to resolve complex problems in varied contexts.
Identify problems and possible solutions and contribute to organizational performance improvement.
Connect processes, events, and systems while balancing process orientation with big-picture thinking.
Support the organization’s mission, philosophy, and goals.