Jobs · OTHR · Colorado

VP CFO Denver

AdventHealth · Greenwood Village, CO · 2 wk ago
OTHR$281k/yrFull-time

The Facility Chief Financial Officer (CFO) is responsible for planning and controlling all financial activities for the organization while maintaining compliance with overall policies in accordance with financial management regulatory agencies, principles, and practices appropriate for the healthcare industry and non-profit organizations. The CFO is the senior executive for Finance responsible for their designated Facility and is the financial counselor/advisor for the organization. The CFO plans, organizes, and administers the institution-wide program of financial management reporting and managed care contracting to best meet the strategic objectives of the organization. The position interacts with senior management, medical staff, hospital management/staff, patients, the public, and the Board of Directors.

Responsibilities

  • Provide leadership in creating a culture that supports the AdventHealth mission, values, and vision.
  • Develop all strategic plans & systems to further the AdventHealth mission, values, and vision.
  • Demonstrate uncompromising ethics and personal integrity.
  • Plan, organize, implement, direct, and evaluate financial policies, procedures, processes, function, and performance to help govern financial decision-making.
  • Promote financial discipline in the hospital and its subsidiaries.
  • Develop and provide accurate and timely operating and capital budgets, financial analysis/trends, financial statements, and reports.
  • Develop, enhance, implement, and adhere to all accounting internal control policies and procedures.
  • Advise on financial perspective and monitor all contract negotiations.
  • Maintain current and evaluate need for additional insurance protection to minimize risk.
  • Coordinate risk management/limit liability claims and lawsuits.
  • Optimize handling of bank and deposit relationships while initiating policies, procedures, controls, and strategies to enhance reimbursement and cash position.
  • Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
  • Monitor hospital cash receipts and disbursements for accuracy and internal control.
  • Construct annual report.
  • Practice effective cost management.
  • Develop, evaluate, and advise on long-range financial plans, programs, and strategies.
  • Model and track business development opportunities (proformas).
  • Balance short-term and longer-term strategic objectives to maximize financial performance.
  • Responsible for quality assessments and continuous process improvement.
  • Take part in employment and performance review of finance employees.
  • Advise on financial perspective to the position control process.
  • Provide technical financial advice, guidance, and knowledge to leadership team, department, management, and finance staff.
  • Present financial analysis, results, and reports to leadership and/or the Board, Finance Committee, and Medical Executive Committee.
  • May oversee governmental reimbursement programs such as disproportionate share and waiver program.
  • May oversee contract management for all physician contracts and leases with external parties.
  • Maintain relations with external auditor and financial consultants.
  • Communicate hospital operational and business matters to external stakeholders, at the CEO’s discretion.
  • Support and enable Corporate Compliance and Legal.
  • Participate in the direction and oversight of compliance programs to execute and monitor compliance with regulatory aspects of healthcare delivery.
  • Manage productivity and labor standards across the facility, collaborate with physician enterprise on financial operations, as needed.
  • Complete other duties as assigned and proactively anticipate the needs of other team members.
  • May oversee additional operational areas as defined in the individual facility organizational chart.

Requirements

  • Bachelor’s degree in accounting, business administration, finance, healthcare administration, or a related field (Required).
  • Master’s degree in business administration, finance, accounting, or related field (Preferred).
  • Minimum five (5) years in healthcare finance, with exposure to multiple areas (Required).
  • Ten (10) years in a senior financial management position (Preferred).
  • Certified Public Accountant (CPA) (Preferred).

Skills

  • Constantly demonstrates Integrity, Compassion, Balance, Excellence, Stewardship, and Teamwork.
  • Understands healthcare finance with highly advanced financial skills including budgeting, analyzing, and planning; can identify value, efficiency, and effectiveness.
  • Promotes collaboration and the sharing of ideas with internal stakeholders by creating an environment that values individual perspectives with common goals.
  • Methodically evaluates problems, identifies alternatives, and makes timely decisions.
  • Exhibits excellent oral and written communication skills; able to effectively express ideas and views through public speaking, presentations, reports, and professional correspondence.
  • Listens to the customer, anticipates needs, and prioritizes customer satisfaction.
  • Identifies and solves problems using data analytics, experience, and judgment; strong business acumen, intelligence, and capacity; able to think strategically and implement tactically.
  • Understands and applies quality assurance and risk management procedures.
  • Contributes to the realization of goals and is accountable for goal realization.
  • Reflects a drive to achieve and outperform, continuously looking for improvements.
  • Accepts responsibility for actions and results.
  • Manages and executes projects; all aspects of engagement/project outcomes and timing are met.
  • Anticipates and drives change to meet organizational goals; strong organizational abilities and flexibility to adjust to changing conditions and the various details of the position.
  • Recognizes colleagues’ strengths and opportunities, providing coaching.
  • Develops new insights and applies novel solutions to make improvements.
  • Develops and shares subject matter expertise.
  • Understands own strengths and development needs and owns personal development.
  • Approaches work as an interconnected system; ability to understand major objectives and break them down into meaningful action steps.
  • Proficient computer skills, particularly with Microsoft Office suite.

Benefits

  • Health, Dental, and Vision Insurance (from Day One).
  • Life and AD&D Insurance.
  • Disability Insurance.
  • Paid Parental Leave.
  • Pet Insurance.
  • Retirement Plan.
  • Mental Health Resources & Support.
  • Supplemental Insurance.
  • Paid Time Off (from Day One).
  • Fertility Coverage.
  • Adoption Assistance.
  • Education Assistance.
  • Whole Person Wellbeing Resources.
  • Identity Theft Protection.
  • Legal Insurance.
  • Student Loan Repayment Program.
  • Sign-on Bonus (eligible).
  • Relocation Bonus (eligible).
  • Annual Incentive Plan (Bonus Eligible).

Pay

Minimum - $280,800
Maximum - $393,120

Schedule

Full time, Day shift

Location: 601 S Willow Dr, Greenwood Village, Colorado 80111

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