Interim Chief Financial Officer
Company: Community Hospital Corp
Location: Plano
Posted on: May 3, 2024
Job Description:
Our Interim Chief Financial Officers follow the direction of the
Hospital CEO, Board of Directors and CHC's VP of Hospital Financial
Operations. The CFO is responsible for providing leadership and
oversight of the overall financial planning and financial
operations while ensuring compliance with the hospital's mission,
vision, values, goals, strategic direction, and applicable laws and
regulations.The CFO appraises the organization's financial position
and issues periodic financial and operating reports; directs the
hospital's financial planning, revenue cycle, payroll, and
accounting practices; oversees and directs treasury, budgeting,
audit, tax, purchasing, real estate and insurance.The CFO develops
and implements policies and procedures to include safeguarding of
assets and adherence to generally accepted accounting principles;
ensures proper accountability and reporting to federal and state
agencies and all matters pertinent to a fiscally responsible flow
of operations. S/he assures the implementation and adherence to CHC
system-wide financial policies and procedures.The CFO is
responsible for positive relationships and effective communications
with lending institutions, the financial community, Community
Hospital Corporation, medical staff, employees, volunteers,
community representatives and board members as
appropriate.Positions are currently available in Colorado, New
Mexico and Texas.Major Responsibilities
- Assures hospital compliance with federal, state and local
government laws and regulations, accrediting agency standards,
hospital policies and procedures and rules and regulations. Retains
all hospital accreditations, licensures and designations in good
standing. Acts promptly to comply with required changes.
- Participates in the development of the facility's strategic
plan and short and long-term objectives which will ensure the
continued growth of the facility and the provision of necessary
services to the community; implementing plans and programs as
approved by the governing board.
- Operations / Financial Management: Participates in the
preparation and management of sound operating, project and capital
budgets. Ensures the effective use of risk management, financial
controls, productivity measures, reimbursement principles and
contracting. Meets budget-critical financial metrics. Effectively
negotiates third-party contracts. Provides stewardship of all
financial and physical resources.
- Collects and analyzes data from internal and external sources
regarding current way of doing business, finance, accounting,
information management and related processes. Conducts needs
analysis, identifies and prioritizes needs, applies good problem
solving skills. Identifies alternate processes and potential
solutions and acts to implement changes to improve financial
operations.
- Internal Communication and Relationship: Demonstrates effective
interpersonal relations including influencing/persuading at all
levels inside the hospital and corporation. Builds rapport and
trust with team through frequent/timely communication. Develops and
maintains effective medical staff relationships. Seeks input from
stakeholders. Anticipates and addresses concerns. Contributes to
the creation of a culture of communication.
- Works with Board, senior management team, physicians and staff
to develop, implement, and update strategies and opportunities for
growth and improvement to support the hospital's mission and
respond to external and internal issues.
- Talent Development: Wants people to develop. Accurately
assesses developmental needs and provides frequent feedback,
coaching, and personal development opportunities. Faces up to
performance and behavior problems quickly and directly. Takes
action promptly to remove talent that is non-responsive to coaching
and developmental activity.
- Champion for Change: Speaks out for change and helps staff
understand reasons for, and benefits from, change. Links change to
work processes and involves stakeholders in the change process.
Follows through on change initiatives. Maintains the hospital's
compliance with all regulatory and legal requirements. Supervisory
Responsibilities
- Manage subordinate manager(s) who supervise employee(s) and/or
supervise individual contributors as appropriate
- Provide overall direction, coordination and evaluation of all
units under supervision
- Carry out supervisory responsibilities in accordance with
hospital and CHC's policies and applicable laws
- Interview, hire, and train employees
- Plan, assign and direct work
- Appraise performance and develop staff
- Reward and recognize notable performance
- Address complaints, resolve problems and address unacceptable
behavior
- BS/BA degree in finance, accounting, business or a related
discipline required. A CPA designation preferred. A graduate level
degree is a plus.
- 5 - 7 years of progressive career experience in Hospital
Finance/Accounting.
- Hospital CFO experience required.
- Requires managerial experience and demonstrated understanding
and experience with hospital financial reporting, revenue cycle
management, accounting, budgeting, accounts payable, treasury,
audit, tax, payroll, information technology and materials
management.
- MEDHOST and Athena experience preferred Skills and Knowledge
- Knowledge of hospital and health care practices and procedures
as well as laws, regulations, and guidelines pertaining to health
care finance
- Knowledge of financial management, accounting systems, treasury
practices, risk management, financial controls, productivity
measures, risk management, reimbursement principles, management
care contracting, information management, and materials
management
- Knowledge of and demonstrated skill in leadership, strategic
management, change management, communications, team building,
continuous quality improvement, problem solving, decision-making,
innovation, and stewardship of resources
- Skill in establishing a balanced perspective on mission
effectiveness and business results
- Possess a strong customer service orientation
- Possess critical thinking skills
- Possess sound and accurate judgment and timely decision
making
- Proficient PC skills, including Microsoft Word and Excel
spreadsheets Benefits include a competitive salary and relocation
package.About Community Hospital Corporation:Community Hospital
Corporation is a Texas not-for-profit company whose sole mission is
to help not-for-profit hospitals remain community-operated and
governed. CHC owns, manages and consults with hospitals through
three distinct organizations - CHC Hospitals, CHC Consulting and
CHC Continue Care, which share a common purpose of preserving and
protecting community hospitals. Based in Plano, Texas, the
organization provides the resources and experience community
hospitals need to improve quality outcomes, patient satisfaction
and financial performance.For more information about CHC, please
visit the company website at .CHC is a tobacco and drug free
workplace. We are an equal opportunity employer and value diversity
at our company. We do not discriminate on the basis of race,
religion, color, national origin, gender, sexual orientation, age,
marital status, veteran status, or disability status.
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Keywords: Community Hospital Corp, McKinney , Interim Chief Financial Officer, Executive , Plano, Texas
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