Chief Financial Officer (CFO)

About the role

The Chief Financial Officer (CFO) oversees the financial aspects of UP Health-Portage in Hancock, Michigan. UP Health System is a leading healthcare provider with three primary hospitals and multiple clinics, offering a wide range of services and specialized care.

Responsibilities

• Provides leadership and direction to all financial departments for the overall fiscal responsibility of the hospital.
• Administers general accounting, patient business services, including third-party reimbursement, financial, and statistical reporting functions.
• Trains subordinates on data processing, distributed systems, material management, and medical records functions.
• Develops long and short-range operational and capital budgets, supporting the hospital’s plans and objectives.
• Monitors and analyzes hospital financial performance to ensure alignment with established plans and objectives.
• Identifies and reports undesirable trends and potential business opportunities, making recommendations for action.
• Prepares cash flow analyses and budget variance analyses.
• Assures the timely and accurate preparation of financial reports, reflecting the hospital’s financial position accurately.
• Directs the preparation of internal financial reports, including work papers for annual financial audits.
• Assures the timely submission of all financial data 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, with knowledge of generally accepted accounting principles.
• CPA or Master's Degree preferred.
• A minimum of 3 years of experience working at the CFO level in an acute-care hospital.
• A minimum of three years of progressive management experience in an investor-owned healthcare organization.
• A strong, hands-on, and approachable leader with a team-player mindset.
• A motivated and inspiring leader who understands the importance of employee satisfaction.

Qualifications

• Verbal, interpersonal, and quantitative skills normally acquired through completion of a bachelor's degree in accounting or finance.
• Outgoing and friendly personality.
• Understanding of market trends, financial reports, and operating procedures.
• Knowledge of how to reduce operating costs and increase revenues.

Skills

• Strong leadership and management skills.
• Excellent communication and interpersonal skills.
• Ability to analyze financial data and report trends.
• Experience with budgeting and financial planning.
• Knowledge of healthcare regulations and compliance.

Benefits

Lifepoint Health offers an excellent total compensation package, including a competitive salary and benefits such as:

• 401(k)
• Flexible PTO
• Generous EIB
• Medical, dental, and vision insurance
• Tuition reimbursement
• An Employee Assistance Program