Madison Medical Center, a well-established Critical Access Hospital (CAH) in Southeast Missouri, is seeking an experienced, strategic, and results-driven Chief Financial Officer (CFO) to join our executive leadership team. The CFO will play a key role in overseeing all financial operations, ensuring financial health, and contributing to the hospital’s mission of providing high-quality healthcare services to our community.
Key Responsibilities:
- Financial Management: Oversee the hospital's financial operations, including budgeting, forecasting, and financial reporting, ensuring compliance with all regulations and accounting standards.
- Strategic Planning: Collaborate with the CEO and executive team to develop long-term strategies and financial plans to support hospital growth and sustainability.
- Revenue Cycle Management: Supervise billing, collections, reimbursement, and payer relationships to optimize revenue streams.
- Financial Reporting: Prepare and present regular financial reports to the Board of Directors, CEO, and senior leadership, highlighting key performance indicators, trends, and actionable insights.
- Regulatory Compliance: Ensure adherence to federal, state, and local healthcare regulations, including those specific to Critical Access Hospitals, and manage the hospital’s financial audit process.
- Cost Control & Efficiency: Identify areas for cost reduction, efficiency improvements, and implement strategies for maintaining financial stability in a challenging healthcare environment.
- Leadership & Team Development: Lead, mentor, and develop the finance team, promoting a culture of accountability, professionalism, and continuous improvement.
Qualifications:
- Education: Bachelor’s degree in Finance, Accounting, Business Administration, or related field required.
- Experience: Minimum of 2-5 years of financial management experience preferred. Prior experience in a Critical Access Hospital or rural healthcare environment is highly desirable.
- Knowledge: Strong understanding of healthcare finance, including reimbursement systems, regulatory requirements, and cost containment strategies.
- Skills: Proven leadership, strategic thinking, problem-solving, and communication skills. Expertise in financial software, healthcare finance systems, and Excel.
- Personal Attributes: Strong ethical standards, a commitment to patient care, a collaborative team-oriented approach, and the ability to handle multiple priorities in a fast-paced environment.
Benefits:
- Competitive salary
- Comprehensive benefits package (health, dental, vision, retirement)
- Paid time off and holidays
- Professional development opportunities
- Supportive, mission-driven work environment
Job Type: Full-time
Pay: From $65,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Employee discount
- Health insurance
- Life insurance
- Paid time off
- Retirement plan
- Tuition reimbursement
- Vision insurance
Schedule:
Experience:
- financial management: 2 years (Required)
- Rural Healthcare: 1 year (Preferred)
Ability to Commute:
- Fredericktown, MO 63645 (Preferred)
Ability to Relocate:
- Fredericktown, MO 63645: Relocate before starting work (Preferred)
Work Location: In person