Associate Chief Financial Officer - Service Lines - FT - Days - MHS
Memorial Healthcare System · Hollywood, FL · 1 mo ago
FinanceFull-time
Summary
The Associate Chief Financial Officer – Service Lines provides executive leadership, direction, and oversight for the financial operations of the Memorial Healthcare System (MHS) service lines. Reporting directly to the Chief Financial Officer, this position ensures that all assigned service areas and enterprise-wide financial functions align with MHS’s mission, values, and strategic objectives.
Responsibilities
- Provides guidance to facility and service line finance teams to ensure consistency in financial practices, controls, and reporting standards.
- Oversees financial planning processes including the development of annual budgets, capital plans, and multi-year forecasts that support the health system’s goals and priorities.
- Safeguards compliance with regulatory standards, internal audit requirements, and external financial reporting obligations.
- Promotes financial literacy among operational leaders by interpreting complex financial information and developing user-friendly tools to support data-driven decision-making.
- Leads system-wide cost accounting and productivity initiatives, ensuring accurate unit cost information to support service line profitability, clinical margin improvement, and operational decision-making.
- Identifies and implements financial and operational process improvements to increase efficiency and optimize resource utilization.
- Oversees financial due diligence, reimbursement modeling, and financial integration for new ventures, acquisitions, and affiliations.
- Provides strategic direction and executive oversight of Budgeting, Cost Accounting, Financial Reporting, and Decision Support across the Memorial Healthcare System.
- Serves as a key member of the executive financial leadership team, representing assigned areas in system-level committees and governance forums.
- Directs preparation, consolidation, and analysis of monthly, quarterly, and annual financial statements and performance reports for senior executives, the Board, and other stakeholders.
- Cultivates a culture of accountability, teamwork, and continuous improvement within the finance division.
Competencies
- Business Acumen
- Concern for Quality
- Develop Relationships
- Lead Through Vision
- Manage Performance
Education And Certification Requirements
- Bachelor's Degree in Accounting, Finance, or a related field.
- Master’s Degree in Business Administration, Accounting, or Healthcare Finance preferred.
- CPA or CHFP preferred.
Additional Job Information
- Complexity of Work: Requires strategic acumen, analytical rigor, and the ability to communicate effectively with senior executives, physicians, operational leaders, and external stakeholders. Demonstrated strong leadership, judgment, and the ability to manage multiple priorities in a fast-paced, matrixed healthcare environment.
- Required Work Experience: Minimum of ten (10) years of progressive healthcare finance leadership experience, including oversight of budgeting, cost accounting, and financial reporting functions. Experience in a large, complex healthcare delivery system strongly preferred.
Other Information
- Additional Education Info: Bachelor’s degree in Accounting, Finance, or a related field. Master’s degree in Business Administration, Accounting, or Healthcare Finance preferred.
- Additional Certification Info: CPA or CHFP preferred.