PRIMARY FUNCTION: Following the direction of the Chief Executive Officer and Board of Directors the CFO is responsible for providing leadership and oversight of the overall financial planning and financial operations of the hospital system in support of the hospital system's mission. Appraises the organization's financial position and issues periodic financial and operating reports; directs the hospital system's financial planning, revenue cycle, payroll, and accounting practices; oversees and directs treasury, budgeting, audit, tax, purchasing, real estate and insurance. The CFO develops and implements policies and procedures to include safeguarding of assets and adherence to generally accepted accounting principles; ensures proper accountability and reporting to federal and state agencies and all matters pertinent to a fiscally responsible flow of operations.
Assures the implementation and adherence to FFH policies and procedures. The CFO is responsible for positive relationships and effective communications with lending institutions, the financial community, Community Hospital Corporation, medical staff, employees, volunteers, community representatives and board members as appropriate. Fulfills the leadership role in the CEO's absence ORGANIZATIONAL RELATIONSHIP: The Chief Operating Officer reports directly to the Chief Executive Officer.
The Chief Operating Officer works closely with the hospital's Administrative Team. This includes the Chief Executive Officer, Chief Nursing Officer, Chief Operating Officer, Director of Human Resources, and the Director of Quality Resources on a regular basis. Following departments report directly to the Chief Financial Officer: Medical Records, Accounting, Business Office/Admitting/Revenue Cycle, and Information Systems.
DESIRED JOB SKILLS: Knowledge of hospital and health care practices and procedures as well as laws, regulations, and guidelines pertaining to health care finance. Knowledge of financial management, accounting systems, treasury practices, risk management, financial controls, productivity measures, risk management, reimbursement principles, management care contracting, information management, and materials management. Knowledge of and demonstrated skill in leadership, strategic management, change management, communications, team building, continuous quality improvement, problem solving, decision-making, innovation, and stewardship of resources.
Knowledge of operations for Critical Access Hospital (CAH) including government programs specific to Critical Access Hospitals. Skill in establishing a balanced perspective on mission effectiveness and business results. Possess a strong customer service orientation Possess critical thinking skills Possess sound and accurate judgment and timely decision-making Proficient PC skills, including Microsoft Word and Excel spreadsheets.
Requires managerial experience and demonstrated understanding and experience with hospital financial reporting, revenue cycle management, accounting, budgeting, accounts payable, treasury, audit, tax, payroll, information technology and materials management. DESIRED EDUCATION: BS/BA degree in finance, accounting, business or a related discipline required. A CPA designation preferred.
A graduate level degree is a plus. 5 - 7 years of progressive career experience in Hospital Finance/Accounting. Hospital CFO experience required.
Requires managerial experience and demonstrated understanding and experience with hospital financial reporting, revenue cycle management, accounting, budgeting, accounts payable, treasury, audit, tax, payroll, information technology and materials management. Equal Employment Opportunity Statement It is the policy of Franklin Foundation Hospital to provide equal opportunity to all employees and applicants without regard to race, color, religion, national origin, sex, age, disability, or any other regard as required by law. This policy relates to recruitment, employment, placement, layoffs and recall, promotion/demotion, discipline, transfer, termination, rates of pay and/or all other forms of compensation, training and development, use of facilities, and participation in hospital sponsored activities.
Drug Testing Franklin Foundation Hospital is an alcohol and drug free workplace. As a condition of employment all candidates must undergo and pass a post-offer drug screen. Failure to participate in the mandatory drug screen will void all offers of employment.
Department: 001 - ADMINSTRATION This is a management position This is a full time position