Market Chief Financial Officer (CFO)

Posted 3 Days Ago
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Maysville, KY, USA
In-Office
Mid level
Healthtech
The Role
Lead financial operations for two hospitals, overseeing accounting, patient billing, budgeting, cash flow and variance analyses, audits, regulatory reporting, cost reduction and revenue optimization. Advise CEO on strategic financial planning, train and manage finance and related staff, and ensure timely, accurate financial statements and compliance with required reports.
Summary Generated by Built In

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


The Chief Financial Officer provides leadership and direction to all financial departments for the overall fiscal responsibility of the hospital.


Other duties include:

  • 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.

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.
  • 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.

Benefits

Lifepoint Health | People Services

At Lifepoint, our Mission of Making Communities Healthier extends to our employees. We offer 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. We believe that happy, healthy people have a passionate engagement with life and work and have designed our package to enhance your wellbeing.


About UsLifepoint Health is a leader in community-based care and driven by a mission of Making Communities Healthier. Our diversified healthcare delivery network spans 29 states and includes 63 community hospital campuses, 32 rehabilitation and behavioral health hospitals, and more than 170 additional sites of care across the healthcare continuum, such as acute rehabilitation units, outpatient centers and post-acute care facilities. We believe that success is achieved through talented people. We want to create places where employees want to work, with opportunities to pursue meaningful and satisfying careers that truly make a difference in communities across the country. About the TeamWe employ and provide care to people from all walks of life. We are committed to promoting healing, providing hope, preserving dignity and producing value with an inclusive workforce in which diversity is leveraged, respected, and reflective of the patients, family members, customers and team members we serve.

Skills Required

  • Bachelor Degree in Accounting or Finance
  • Knowledge of generally accepted accounting principles (GAAP) and related quantitative, verbal and interpersonal skills
  • Minimum of 3 years of experience working at the CFO level in an acute-care hospital
  • Minimum of three years of progressive management experience in an investor-owned healthcare organization
  • Strong, hands-on and approachable leadership; ability to motivate and inspire staff
  • CPA or Master's Degree
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