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Details
Ascension Wisconsin is looking for a Chief Financial Officer to join team.
- Department: Finance
- Location: Glendale, WI ( onsite)
- Eligible for an annual bonus incentive
Benefits
- Comprehensive health coverage: medical, dental, vision, prescription coverage and HSA/FSA options
- Financial security & retirement: employer-matched 403(b), planning and hardship resources, disability and life insurance
- Time to recharge: pro-rated paid time off (PTO) and holidays
- Career growth: Ascension-paid tuition (Vocare), reimbursement, ongoing professional development and online learning
- Emotional well-being: Employee Assistance Program, counseling and peer support, spiritual care and stress management resources
- Family support: parental leave, adoption assistance and family benefits
- Other benefits: optional legal and pet insurance, transportation savings and more
Benefit options and eligibility vary by position, scheduled hours and location. Benefits are subject to change at any time. Your recruiter will provide the most up-to-date details during the hiring process.
Responsibilities
The Chief Financial Officer - Ministry Market provides executive-level management of financial resources, strategic planning, and development of the Finance organization. The CFO is responsible for stewardship and safeguarding the organization's assets. This includes complying with defined elements of the financial integrity program. In alignment with Ascension's strategic plan, the CFO drives collective responsibility for business operations and sound financial management. Formulates and oversees the organization's financial planning, policies, and practices in collaboration with executive leadership.
Core Responsibilities
- Serves as a key member of the Ministry leadership team and participates in the development and execution of the organization's vision, policies, and short/long-term objectives.
- It is an executive leader who, in collaboration with other members of the executive team, generates and executes business strategies that improve overall performance metrics, specifically focused on financial performance, quality, and consumer experience.
- Uses data-driven approaches to allocate resources and elevate the organization's financial performance and goals.
- Leads Ministry Market Executives in the development of long and short-range Market operations plans which may include service demand analyses, resource availability analyses, productivity, and cost-benefit analyses of proposed capital and staff expansions. Recommends strategies based on financial, accounting, and industry trends.
- Partners with national and local key stakeholders to lead growth initiatives and proforma development including tracking and monitoring the performance of initiatives to ensure achievement.
- Forecast the impact of business decisions and expected financial results.
- Responsible for financial and economic information to identify trends and indicators that may impact business operations, planning, and investments.
- Engages for impact to bring national and local key stakeholders (physicians, clinical/non-clinical leadership) together to drive results, focusing on the revenue cycle process, management of expenses, and financial goal management.
- In alignment with national and local key stakeholders, review contracts, purchase agreements, and other financial arrangements to ensure compatibility with business goals and expectations about profitability. Ensure appropriate approvals are obtained.
- Serves as a liaison on financial matters among the Board of Directors, executive leadership, and management.
- Responsible for financial forecasts and performance against targets in collaboration with national and local key stakeholders in Financial Planning & Analytics.
- Identify and report undesirable trends and potential business opportunities and make recommendations for action.
- In alignment with national and local key stakeholders for Labor Management, leads facility productivity reviews and education in partnership with the COO and MME.
- Communicate financial operational performance with stakeholders, including Hospital administration, appropriate facility staff members, and Ministry Market Executives.
- In partnership with key national and local stakeholders within Case Management, leads throughput initiatives.
- In partnership with national and local key stakeholders, leads denial and appeal management reviews with the multidisciplinary team.
- In alignment with national and local key stakeholders, leads local charge capture reviews and revenue integrity efforts.
- Responsible for ensuring alignment with national business partners across strategy, labor, case management, etc.
- CFO will have Market leadership responsibility for Reimbursement, Managed Care, Revenue Cycle, Registration, Health Information, Supply Chain, Case Management, and Utilization Review.
- Attracts, recruits, and retains exceptional talent, cultivating engaged financial professionals, leaders, and support staff focused on financially sound business practices and decisions, and high-quality care driving the consumer experience.
- Fosters a culture of appreciation, belongingness, inclusivity, diversity, and equity to drive the associate experience.
#Le@der
Requirements
Education:
- Bachelor's degree with 10 years of applicable cumulative job specific experience required, with 5 of those years being in leadership/management.
Additional Preferences
- Master's degree in accounting or business administration.
Why Join Our Team
Ascension is a leading nonprofit Catholic health system with a culture and associate experience grounded in service, growth, care and connection. We empower our 99,000+ associates to bring their skills and expertise every day to reimagining healthcare, together. Recognized as one of the Best 150+ Places to Work in Healthcare and a Military-Friendly Gold Employer, you'll find an inclusive and supportive environment where your contributions truly matter.
Equal Employment Opportunity Employer
Ascension provides Equal Employment Opportunities (EEO) to all associates and applicants for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity or expression, pregnancy, childbirth, and related medical conditions, lactation, breastfeeding, national origin, citizenship, age, disability, genetic information, veteran status, marital status, all as defined by applicable law, and any other legally protected status or characteristic in accordance with applicable federal, state and local laws. For further information, view the EEO Know Your Rights (English) (https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12.pdf) poster or EEO Know Your Rights (Spanish) (https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRightsSp6.12.pdf) poster.
Fraud prevention notice
Prospective applicants should be vigilant against fraudulent job offers and interview requests. Scammers may use sophisticated tactics to impersonate Ascension employees. To ensure your safety, please remember: Ascension will never ask for payment or to provide banking or financial information as part of the job application or hiring process. Our legitimate email communications will always come from an @ascension.org email address; do not trust other domains, and an official offer will only be extended to candidates who have completed a job application through our authorized applicant tracking system.
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