Hospital CFO

Responsibilities

• Analyze and explore means of reducing operating costs and increasing revenues based on market trends, financial reports, and operating procedures.
• Direct the preparation of internal financial reports, ensuring they accurately reflect the financial position of the hospital.
• Timely submission of all financial data required by government and other regulated agencies.
• Identify and report undesirable trends and potential business opportunities, making recommendations for action.
• Aid in the development of long and short-range operations plans, including service demand analyses, resource availability analyses, and productivity and cost benefit analyses of proposed capital and staff expansions.
• Develop long and short-range operational and capital budgets aligned with the hospital's long and short-range plans and objectives.
• Prepare statistical reports, budgets, and financial reports.
• Administer general accounting, revenue cycle, financial, and statistical reporting functions in accordance with established policies and accounting procedures.
• Provide informal direction in a matrix management environment.
• Maintain oversight of performance to ensure fiscal responsibilities are fulfilled.
• Forecast the impact of business decisions and expected outcomes on all financial results.
• Monitor financial and economic information to identify trends and indicators impacting business operations, planning, investments, etc.
• Communicate financial operational performance with all stakeholders, including senior administration, appropriate facility staff members, and system finance leaders.
• Review revenue cycle issues and trends to maximize net reimbursement for the facility.
• Review contracts, purchase agreements, and other financial arrangements to ensure compatibility with business goals and expectations regarding profitability and stewardship.
• Participate in Bon Secours Mercy Health projects as assigned.

Requirements

• Bachelor’s Degree – Business, Accounting, Finance, or related field.
• 3-5 years financial leadership experience, with significant time in a healthcare setting.
• PREFERRED: MBA or Master’s Degree in Accounting, Finance, or Healthcare Administration.
• CPA certification.

Qualifications

Employees may be required to perform other job-related duties as required by their supervisor, subject to reasonable accommodation.

Benefits

Competitive pay, incentives, referral bonuses, and 403(b) with employer contributions (when eligible).

• Medical, dental, vision, prescription coverage, HSA/FSA options, life insurance, mental health resources, and discounts.
• Paid time off, parental and FMLA leave, short- and long-term disability, backup care for children and elders.
• Tuition assistance, professional development, and continuing education support.

Benefits may vary based on the market and employment status. All applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, age, genetic information, or protected veteran status, and will not be discriminated against on the basis of disability.