Finance Officer

Adventist Health•Sonora, CA
•$338,000 - $423,000

About The Position

The Finance Officer assumes responsibility for the hospital’s financial performance and helps the facility respond effectively to market requests. The role oversees development and implementation of strategies and programs to enhance financial operations in alignment with the organization’s values, practices, and strategic objectives. The Finance Officer optimizes the hospital’s financial position, cash flow, and capital; oversees financial services and functions; and is responsible for long- and short-term financial planning. The position partners with the CEO and executive team on net operating income, stewardship, financial integrity, sustainability, strategic goals, efficiency, and expense reduction. It leads budgeting and forecasting, establishes financial benchmarks and reporting, oversees financial reporting accuracy, and supports staff development across finance functions. The role also collaborates with system services and facility leaders and participates in industry peer groups and corporate meetings to stay current on regulations and related issues.

Requirements

  • Bachelor’s degree in Business, Finance, or another relevant field.
  • Ten years of experience in a hospital or health care financial function, including at least five years in a management-level position.

Nice To Haves

  • Master’s degree in Business Administration.
  • Certified Public Accountant (CPA).

Responsibilities

  • Partner with the CEO regarding responsibility for net operating income and ensure stewardship, financial integrity, and sustainability.
  • Collaborate to create and implement hospital and One Adventist Health strategic goals and operating commitments.
  • Work with the executive team to identify opportunities for greater efficiencies and reduced expenses throughout the business unit.
  • Support operations in implementing financial planning and reporting standards, policies, and procedures consistent with organizational goals and objectives.
  • Lead development of annual budgets and long-range forecasts consistent with market conditions and Adventist Health strategies and objectives.
  • Develop and implement financial benchmarks, budgets, operating commitment goals, incentive goals, and reporting of key financial indicators to promote accountability and on-budget performance.
  • Collaborate with revenue cycle, real estate, managed care, finance, accounting, and other system services departments to optimize financial performance.
  • Lead team-building, quality-of-work-life, and staff development efforts within finance functions.
  • Ensure financial reports are accurate and timely, including oversight of journal and account reconciliation reviews and new procedures for accurate financial data capture.
  • Ensure the finance team partners with facility leaders to assess the financial impact of decisions and determine whether future changes are needed.
  • Participate in industry peer groups and corporate meetings to stay informed about new regulations and related issues.
  • Perform other job-related duties as assigned.
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