HOSPITAL Chief Financial Officer / CFO

Connections Healthcare Staffing • Full-time • Manassas, Virginia, United States • $170.90k - $282k / year • 1m ago

Our client, an 85+ bed hospital located in Northern VA, near Manassas, and 40 miles from Washington DC, has a need for an experienced Hospital CFO to join their team. Candidates absolutely MUST HAVE RECENT FOR PROFIT ACUTE CARE HOSPITAL EXPERIENCE as a CFO to be considered. Please DO NOT apply if you don't have this experience.

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

Other duties include:

Administer 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.
Provide formal or informal direction in data processing, distributed systems, material management and medical records functions.
Train subordinates on the above areas and monitors performance to ensure fiscal responsibilities are fulfilled.
Assist 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.
Develop long and short-range operational and capital budgets, which are supported by the hospitals long and short range plans and objectives.
Prepare cash flow analyses and budget variance analyses.
Recommend budget modifications as needed. Assist managers in the development of departmental budgets.
Monitor, interpret and analyze hospital financial performance in realizing established plans and objectives of the hospital.
Identify and reports undesirable trends and potential business opportunities and makes recommendations for action.
Direct the preparation of internal financial reports including work papers for annual financial audit.
Assure the timely and accurate preparation of financial reports and assures that the reports reliably reflect the financial position of the hospital.
Assume a lead role in analyzing and exploring means of managing hospital operating expenses and improving 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.

QUALIFICATIONS

Education

Bachelor's Degree in Accounting or Finance and the knowledge of generally accepted accounting principals (GAAP), and verbal, interpersonal and quantitative skills normally acquired through completion of this degree is required.
CPA or Master's degree 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 preferred.
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.