HOSPITAL Chief Financial Officer / CFO

Our client, a small hospital located in North Central NM, about 45 mins from Santa Fe, has a need for an experienced CFO to join their team. CANDIDATES MUST MEET THE FOLLOWING CRITERIA TO BE CONSIDERED. No exceptions!

• 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 a FOR PROFIT ACUTE CARE HOSPITAL as a CFO. Will consider For Profit Critical Access Hospital experience as well.
• Looking for someone with small hospital experience as a CFO.
• Will consider a Controller who has small acute care For Profit Hospital experience

DUTIES

• 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.
• 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.
• Monitors, interprets and analyzes 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.

QUALIFICATIONS

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.
• Looking for someone with small hospital experience as a CFO.
• 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.