- Develop and implement financial strategies to support the hospital's mission and goals.
- Lead the annual budgeting process and longterm financial planning efforts.
- Provide financial analysis and guidance to support decisionmaking by the executive team and the Board of Directors.
- Oversee the preparation and distribution of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
- Analyze financial data and performance metrics to identify trends, opportunities, and areas for improvement.
- Present financial information to senior management, the Board of Directors, and other stakeholders as needed.
- Direct the revenue cycle process, including billing, collections, and reimbursement.
- Monitor revenue cycle performance metrics and implement strategies to optimize revenue capture and minimize denials.
- Ensure compliance with regulatory requirements related to billing and reimbursement.
- Establish and maintain financial policies, procedures, and internal controls to safeguard assets and ensure compliance with accounting standards.
- Manage relationships with financial institutions, investment advisors, and other external stakeholders.
- Oversee treasury functions, including cash management, investments, and debt financing.
- Identify financial risks and develop strategies to mitigate them.
- Ensure compliance with all applicable laws, regulations, and accounting standards.
- Coordinate financial audits and regulatory inspections.
- Recruit, develop, and retain a highperforming finance team.
- Provide leadership, mentorship, and professional development opportunities to finance staff.
- Foster a culture of collaboration, accountability, and continuous improvement within the finance department.
- Bachelor's degree in finance, accounting, or a related field; Master's degree preferred.
- CPA (Certified Public Accountant) or MBA (Master of Business Administration) strongly preferred.
- Extensive experience in financial management, preferably in healthcare or a related industry.
- Proven leadership ability with the capacity to inspire and motivate teams.
- Strong analytical skills and the ability to interpret complex financial data.
- Excellent communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels.
- Knowledge of healthcare finance regulations, reimbursement methodologies, and industry trends.
- 710 years of progressively responsible experience in financial management.
- Previous experience in a CFO or senior financial leadership role preferred.
- Experience working in a healthcare setting highly desirable.
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Chief Financial Officer, Full-TIme - Clarksville, United States - Johnson Regional Medical Center
Description
Job TypeFull-time
Description
Job Summary :
The Chief Financial Officer (CFO) serves as a strategic partner to the hospital's executive team, providing financial leadership and direction to ensure the organization's financial health and sustainability.
Responsibilities:
1.
Financial Strategy and Planning:
2.
Financial Reporting and Analysis:
3.
Revenue Cycle Management:
4.
Financial Operations:
5.
Risk Management and Compliance:
6.
Team Leadership and Development:
Qualifications:
Experience
