Market Assistant Chief Financial Officer- Desert Network Region

Tenet Healthcare Corporation • Palm Springs, CA

5d • $150,000 - $240,000

About The Position

The Market Assistant Chief Financial Officer (MACFO) safeguards facility assets and ensures the integrity and accuracy of financial statements in accordance with GAAP. The role helps oversee compliance with financial policies, the effectiveness of internal controls, and overall financial governance. As a member of the facility leadership team, the MACFO partners with the CFO, CEO, and A-Team to develop and execute strategic and financial plans, while maintaining relationships with internal stakeholders and external regulatory bodies.

Working with the Market Chief Financial Officer, the MACFO supports the ongoing effective operation of the department and the hospitals’ mission, vision, goals, and objectives. The role supports continuous assessment, improvement, coordination, and integration of the hospitals’ and market’s financial functions, with attention to patients, physicians, employees, volunteers, and the community.

The MACFO helps lead financial strategy, planning, and performance management for the facility, including identifying, mitigating, and communicating financial risks and opportunities. The role collaborates with corporate functions such as Accounting, Audit, Legal, Treasury, and IT. Responsibilities span financial performance and planning, controls and compliance, revenue cycle and operations, capital and investment management, and strategic leadership. The MACFO also contributes to organizational leadership through sound judgment, strategic partnership, financial influence, operational rigor, and talent development.

Requirements

• At least 5 years of progressive financial leadership experience.
• Healthcare or hospital experience is required.
• Strong background in financial operations, planning, reimbursement, and capital management.
• Demonstrated success improving financial performance in complex environments.
• Experience with managed care contracting and regulatory compliance.
• Strong business acumen and ability to translate complex data into clear insights.
• Collaborative leadership style and ability to influence across functions.
• High integrity, sound judgment, and strong communication skills.
• Ability to operate effectively in fast-paced, high-pressure environments.
• Bachelor’s degree in Finance or Accounting, a Business degree with an Accounting/Finance focus, or a CPA is required.

Nice To Haves

• MBA, MHA, and/or CPA strongly preferred.

Responsibilities

• Analyze daily operating results to ensure revenues, expenses, and labor are within budgeted objectives; advise department heads and administration on needed changes and improvements.
• Drive productivity and length-of-stay initiatives to optimize operational efficiency, resource utilization, and financial performance.
• Develop and manage annual budgets, forecasts, and cash flow plans, including rolling forecasts.
• Provide accurate and timely financial reporting and analysis.
• Maintain strong internal controls, financial systems, and recordkeeping.
• Ensure compliance with regulatory requirements, GAAP, and company policies; promote ethical financial practices and audit readiness.
• Manage revenue cycle performance, including denials management, reimbursement, charge capture, and collections.
• Partner with stakeholders to improve financial and operational outcomes.
• Evaluate capital projects and business opportunities, assessing financial impact and return on investment.
• Manage capital deployment in alignment with financial plans.
• Partner with executive leadership on strategic initiatives, growth opportunities, and financial planning.
• Analyze new business opportunities, including managed care contracts and program expansion.
• Help deliver consistent financial performance, maintain strong controls, and adapt to market dynamics.
• Advise the CFO and contribute to growth, cost management, and long-term strategy.
• Translate complex financial concepts into actionable insights across organizational levels.
• Set clear financial targets, monitor performance, and drive accountability.
• Build and develop high-performing finance teams and ensure strong succession pipelines.

Benefits

• The position may be eligible for an Annual Incentive Plan bonus of 10%–50%, depending on role level.
• Management-level positions may be eligible for sign-on and relocation bonuses.

What This Job Offers

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