Chief Financial Officer (CFO)

About the role

Lifepoint Health has an opportunity for a Chief Financial Officer. The CFO will have oversight of Fauquier Health located in Warrenton, VA. Fauquier Health is a community health system dedicated to high-quality, patient-centered care, nationally recognized as a Top Hospital by the Leapfrog Group and accredited by the Joint Commission.

Responsibilities

• Provides leadership and direction to all financial departments for the overall fiscal responsibility of the hospitals.
• Administers the general accounting, patient business services, including third party reimbursement, financial, and statistical reporting functions of the hospital in accordance with established policies and accounting procedures.
• Provides formal or informal direction in data processing, distributed systems, material management and medical records functions.
• Trains subordinates on the above areas and monitors performance to ensure fiscal responsibilities are fulfilled.
• Aids the CEO in the development of long and short-range hospital operations plans that may include service demand analyses, resources availability analyses and cost benefit analyses of proposed capital and staff expansions.
• Develops long and short-range operational and capital budgets, which are supported by the hospitals long and short range plans and objectives.
• Prepares cash flow analyses and budget variance analyses.
• Recommends budget modifications as needed.
• Aids managers in the development of departmental budgets.
• Maintains oversight of hospital financial performance in realizing established plans and objectives of the hospital.
• Directs the preparation of internal financial reports including work papers for annual financial audit.
• Assumes a lead role in analyzing and exploring means of managing hospital operating expenses and improving revenues based on knowledge of market trends, financial reports and operating procedures.
• Directs the preparation of all financial data associated reports required by government and other regulated agencies including payroll tax reports, public disclosure reports and third party payor cost reports.

Requirements

• Bachelor's Degree in Accounting or Finance and the knowledge of generally accepted accounting principals (GAAP), and verbal, interpersonal and quantitative skills normally acquired through completion of this degree is required.
• CPA or Master's degree preferred.
• A minimum of 3 years of experience working at the CFO level in an acute-care hospital is required.
• Minimum of three years of progressive management experience in an investor-owned healthcare organization preferred.

Qualifications

• A strong, hands-on and approachable leader who understands the value of being a team-player and have an outgoing and friendly personality.
• Must understand how to motivate and inspire staff to achieve optimal results, while keeping employee satisfaction high.

Skills

• Knowledge of generally accepted accounting principles (GAAP).
• Verbal, interpersonal and quantitative skills.
• Leadership and management experience.
• Ability to develop and implement financial strategies.
• Experience in healthcare finance.

Benefits

Lifepoint Health offers an excellent total compensation package, including a competitive salary and benefits. Some of our benefits include 401k, flexible PTO, medical, dental, vision, tuition reimbursement, and an Employee Assistance Program.