Director Financial Officer

DRISCOLL HEALTH PLAN•Corpus Christi, TX

About The Position

Reporting to the System Chief Financial Officer (CFO), the Director Financial Officer plans, organizes, and directs financial management, budgeting, accounting, and reimbursement functions for the Medical Group (CPSST) and its entities. The role establishes and implements accounting policies and procedures, ensures compliance, and oversees accurate, timely financial statements and reports that describe financial status, trends, and cash flows. It provides leadership to ensure the Medical Group’s financial and statistical performance is continuously and accurately measured. The position ensures transactions are recorded in accordance with Generally Accepted Accounting Principles (GAAP), reporting meets applicable regulatory standards, financial information is distributed accurately and on time, and records of assets, liabilities, and transactions are maintained to support reporting integrity. Using operational understanding, data analysis, pro forma modeling, and communication with operational leadership, the Director identifies opportunities, supports decision-making, and advances margin improvement. The role also reviews the financial aspects of physician contracts and supports audits and operational measures that protect the Health System’s mission, vision, and values.

Requirements

Bachelor’s degree in Accounting, Finance, Business, or Management.
8–10 years of progressive experience in healthcare finance or related roles within a healthcare setting.
Demonstrated experience in financial reporting, budgeting, auditing, and third-party and government reimbursement.
Background in fiscal operations management, statistical reporting, and financial analysis.
Understanding of hospital and health plan operations, including operational issues and their impact on financial outcomes.
Ability to interact effectively with operational leaders without functioning in an operations role.
Experience working closely with physicians, providers, and organizational leadership.
Strong communication and interpersonal skills across all levels of the organization.

Nice To Haves

Master’s degree (MBA, MHA, or related field).
CPA.
Claims adjudication experience.

Responsibilities

Serve as the financial advocate for the Medical Group and drive financial results through interactions, decisions, and assigned work.
Review monthly financial results and communicate key trends, issues, risks, and opportunities to leadership.
Develop financial data, analyses, forecasts, and pro forma models to support operational improvements, new ventures, service expansion, and capital acquisition decisions.
Coordinate fiscal operations, including cash flow, accounting for revenue and expenses, timely month-end close, and reliable financial and statistical reporting.
Create and oversee financial and statistical reports, including NAIC/TDI quarterly and annual filings, FSRs, and related budget commentary.
Coordinate, oversee, and complete internal and external audits for the group, and support preparation of financial information for Health System consolidation.
Prepare and oversee the group’s operational and financial budget, including projection analysis, monitoring, and detailed commentary.
Communicate complex financial issues clearly and actionably to operational leadership, while maintaining an understanding of operational issues affecting financial performance.
Review the financial aspects of physician contracts.
Conduct and support audits to confirm operational compliance with applicable rules and regulations.
In conjunction with the CEO, CFO, and operational VP, initiate and enforce operational measures that advance and protect the Health System’s mission, vision, and values.
Maintain confidentiality and comply with Health System policies, procedures, corporate compliance requirements, and integrity standards.
Demonstrate ethical business practices, personal integrity, and professional behavior.
Complete additional responsibilities and special projects assigned by upper management.
Administer the performance management system, including developmental feedback, goal setting, competency assessment, and progressive discipline.
Apply hospital policies and procedures, manage human resources soundly, make decisions aligned with organizational goals, and maintain composure, effectiveness, and flexibility under pressure.