Market Chief Financial Officer (CFO)
Lifepoint Health® · Maysville, KY · 8 mo ago
On-siteSalesFull-time
About the role
Lifepoint Health has an opportunity for a Market Chief Financial Officer. The Market CFO will have oversight of Meadowview and Fleming Hospital located in Maysville, KY. www.meadowviewregional.com
Responsibilities
- Provides leadership and direction to all financial departments for the overall fiscal responsibility of the hospital.
- 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.
- Trains subordinates on the above areas and monitors performance to ensure fiscal responsibilities are fulfilled.
- Assists 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 required. Assists managers in the development of departmental budgets.
- Maintains and interprets hospital financial performance in realizing established plans and objectives of the hospital.
- Identifies and reports undesirable trends and potential business opportunities and makes recommendations for action.
- Directs the preparation of internal financial reports including work papers for annual financial audit.
- Assures the timely and accurate preparation of financial reports and assures that the reports reliably reflect the financial position of the hospital.
- Assumes a lead role in analyzing and exploring means of reducing hospital operating costs and increasing revenues based on knowledge of market trends, financial reports and operating procedures.
- Responsible for direction and submission on a timely basis 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
- Education: Bachelor Degree in Accounting or Finance and the knowledge of generally accepted accounting principals, and verbal, interpersonal and quantitative skills normally acquired through completion of this degree is required.
- CPA or Master's Degree strongly preferred.
- Experience: 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 required.
- Skills: Must be 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.
Qualifications
- Must have a valid driver’s license and reliable transportation.
- Must be able to lift up to 25 pounds.
Skills
- Strong leadership and communication skills.
- Ability to manage multiple projects simultaneously.
- Knowledge of healthcare finance and accounting principles.
- Proficiency in Microsoft Office Suite.
- Excellent analytical and problem-solving skills.
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.