US - New Mexico - Gallup
December 9, 2024
Summary:
Following the direction of the Chief Executive Officer (CEO), the Chief Financial Officer (CFO) is responsible for providing leadership and oversight of the overall financial planning and financial operations of the hospital in support of the hospital's mission. The CFO appraises the organization's financial position and issues periodic financial and operating reports; directs the hospital'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. S/he assures the implementation and adherence to approved financial policies and procedures. The CFO is responsible for positive relationships and effective communications with lending institutions, the financial community, contracted vendors, medical staff, employees, volunteers, community representatives and board members as appropriate. S/he fulfills the leadership role in the CEO's absence. The Chief Financial Officer (CFO) is responsible for completing all duties as assigned.
Duties and Responsibilities:
Collects and analyzes data from internal and external sources regarding current way of doing business, finance, accounting, information management and related processes. Conducts needs analysis, identifies and prioritizes needs, applies good problem solving skills. Identifies alternate processes and potential solutions and acts to implement changes to improve financial operations.
Participates in the preparation and management of sound operating, project and capital budgets. Ensures the effective use of risk management, financial controls, productivity measures, reimbursement principles and contracting. Meets budget-critical financial metrics. Coordinates with leadership and external vendors to effectively negotiate third-party contracts. Provides stewardship of all financial and physical resources.
Ensures the availability of adequate numbers of competent staff (including physicians and contract labor) that are properly credentialed, educated, trained, motivated and engaged. Directs performance management systems including policies/practices for providing timely feedback, recognizing excellence and dealing with problem behavior and poor performance.
Ensures effective collection, categorization, filing, management, privacy, confidentiality, security, redundancy, retrieval and reporting capabilities of all data and information used by the hospital. Guides the development of plans for meeting the growing demands of information management and the development of information technology especially relevant to healthcare.
Maintains all required licenses and certifications. Submits updated verifications to Human Resources (HR) upon receipt of updated documentation.
Actively upholds RMCHCS' Mission, Vision and Core Values. Follows all policies and procedures.
Experience, Education, and Certifications:
Minimum of five (5) years' progressive leadership experience in Hospital Finance/ Accounting required.
Minimum of three (3) years' experience as a Hospital CFO required.
Bachelor Degree in Finance, Accounting, Business or related field required.
Master's Degree in Finance, Accounting, Business or related field preferred.
Certified Public Accountant (CPA) designation preferred.
Work Environment:
Works in a well-lighted, well-ventilated, smoke-free environment.
Subject to frequent physical and psychological stress.
Sedentary to light work routinely; moderate to heavy work occasionally.
Visual, auditory acuity required.
Verbal communication and manual dexterity required.
Must be able to sit, stand and walk for extended periods.
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