Division Chief Financial Officer

Lifepoint Health • Brentwood, TN

12d • Remote

About The Position

The Division CFO will oversee the financial operations of the division, ensuring the achievement of budgets and metrics through a culture of accountability. This role requires a strategic thinker with strong leadership skills to drive financial performance and support the division's growth objectives. Position serves both internal co-workers and external customers, clients, patients, contractors, and vendors. Access to and/or works with sensitive and/or confidential information. Exhibit a comprehensive understanding of healthcare regulatory and compliance (e.g., HIPAA). Skilled in the application of policies and procedures. Knowledge of Business Office Standards and Recommended Practices. Knowledge of Generally Accepted Accounting Principles (GAAP), Securities and Exchange Commission (SEC) regulations, and state regulatory environments as needed. The role requires extensive overnight travel (over 50%) by land and/or air.

Requirements

• Bachelor’s degree from an accredited school in Finance, Accounting or a related field.
• Minimum of 15 years of progressive financial leadership experience in healthcare required.
• Proven track record of managing budgets and achieving financial metrics.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to lead and develop a high-performing team.
• High level experience with financial software and systems
• Business Mathematical Skills -- Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rates, ratios, and percentages and to draw and interpret graphs.
• Advanced Computer Skills -- Routine use of electronic mail and computer systems. Ability to incorporate complex and complicated functions into documents, spreadsheets, databases, and presentations to support business objectives.
• Organizational Communication -- Manages broad-based complex information across departments with company-wide impact. Presents to diverse audiences, and can negotiate, motivate, and persuade others.
• Organizational Business Problems -- Problems are broad, complex, and abstract, often involving company-wide issues. Must develop solutions using substantial creativity, resourcefulness, innovation, negotiation, and diplomacy.
• Organizational Impact -- Decisions have significant, broad implications for the management and operations of a division. Job contributes to decisions on the overall strategy and direction of LifePoint.
• Organizational Judgment -- Sets direction and vision for major departments or multiple departments. Establishes priorities, develops policies, and allocates resources for LifePoint.
• Organizational Planning/Organization -- Prioritize, organize, and delegate project assignments company-wide: responsible for project outcomes.
• Strategic thinking and business acumen.
• Strong leadership and organizational skills.
• Proficiency in financial modeling and forecasting.
• Prominent level of integrity and ethical standards

Nice To Haves

• MBA and/or CPA preferred.
• Certified Public Accountant (CPA) Certification Preferred.

Responsibilities

• Provide strategic financial leadership and direction to the division, ensuring alignment with overall corporate goals.
• Provide oversight and leadership on financial controls, month-end financial close, and budget preparation process. This includes preparing, delivering high detail reports to division and company leaders with ability to provide financial recommendations and explanations.
• Responsible for driving strategic operational and financial operations initiatives for the Division.
• Provide financial analysis to President of Medical Group Services, other medical group services operational leaders, Acute Division CEO/CFO and Facility Leadership, in support of operational considerations.
• Responsible for front and back-end revenue cycle operations including oversight of internal CBO operations and revenue cycle IT/operational vendor partners.
• Lead the budgeting and forecasting processes, ensuring accurate and timely financial planning.
• Develop and implement financial metrics to monitor performance and drive accountability across the division.
• Create an environment of accountability in achieving budgeted metrics and/or targets.
• Oversee the preparation and presentation of financial reports, ensuring compliance with regulatory requirements and internal policies.
• Identify and manage financial risks, implementing strategies to mitigate potential impacts.
• Ensure accurate financial reporting, including audit and SOX compliance.
• Foster a high-performing finance team, promoting a culture of accountability, collaboration, and continuous improvement.
• Identify opportunities for financial operations improvement and/or increased compliance with established financial controls.
• Responsible for collaborating with HSC managed care services to make operational decisions related to physician payor contracting.
• Communicate financial performance and strategic initiatives to key stakeholders, including the executive team and board of directors.
• Have an active role and shared governance in payor enrollment process.
• Drive cost management initiatives and identify opportunities for operational efficiencies to enhance profitability.
• Assume a lead role in analyzing and exploring means of reducing operating costs and increasing revenues based on knowledge of market trends, financial reports, and operating procedures.
• Manage the work of others, including planning, assigning, scheduling, and reviewing work, and ensuring quality standards.
• Responsible for hiring, terminating, training and developing, reviewing performance, and administering corrective action for staff.

Benefits

• Multiple levels of medical, dental and vision coverage for full-time and part-time employees.
• Life, accident, critical illness, hospital indemnity insurance, short- and long-term disability, paid family leave and paid time off.
• Higher education and certification tuition assistance, loan assistance and 401(k) retirement package and company match.
• Mental, physical, and financial wellness programs (free gym memberships, virtual care appointments, mental health services and discount programs).
• Ongoing learning and career advancement opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive