The CFO plays a pivotal role in the financial management, strategic direction, and leadership of the critical access hospital. The CFO oversees all financial aspects of the organization, ensures its fiscal health, and contributes to the hospital's mission of providing exceptional healthcare to the communities it serves. The CFO has eight direct reports, including IT, HR, Materials Management, Maintenance, and Housekeeping, in addition to all financial departments.

Roles And Responsibilities

In collaboration with senior leadership, develop and execute financial strategies supporting the hospital's mission, employees, and long-term sustainability.
Manage the hospital's budget, financial planning, reporting, and forecasting processes.
Monitor, analyze, and recommend the hospital's financial performance globally, departmentally, and at a service-line level, identifying opportunities for revenue enhancement and cost optimization.
Ensure compliance with all regulatory requirements related to the hospital's fiscal policies, financial reporting, and revenue capture.
Provide collaborative leadership and guidance with the management team and reporting managers that foster a culture of collaboration, transparency, accountability, continuous improvement, and respect.
Collaborate as a trusted partner within the Senior Leadership Team to drive strategic initiatives and capital planning efforts.
Work in partnership with various stakeholders, including auditors, regulators, financial institutions, State and Federal associations, and other related entities.
Participate in various Board meetings, committees, and stakeholder groups to present financial information, analyses, and recommendations, such as informing, educating, and gaining support and understanding.

Required Skills And Experience

Minimum bachelor's degree in finance and/or accounting.
Minimum of seven (7) years of progressive financial leadership experience in a hospital setting with 5+ years in an executive (Vice President/CFO) position preferably within a critical access hospital.
A Certified Public Accountant (CPA) or Certified Healthcare Financial Professional (CHFP) designation and/or an MBA or MSF are preferable.
Comprehensive knowledge of healthcare finance, cost-based reimbursement, payor contracting, negotiations and relations, and overall fiscal policy.
Exceptional analytical and problem-solving skills.
Excellent communication and interpersonal skills.
Familiarity with critical access hospital designation and related financial and operational environments.
Strong computer systems and applications knowledge
Ability to successfully work with and communicate at all levels of the organization.

Compensation

Annual base salary range of $160,000 to $240,000.

About Versique

At Versique, we believe people are more than a resume. People invent, propel, unearth, and build. They transform teams, markets, industries, and bottom lines. People do more than fill an open position. They open greater potential. We're here to help fill your human potential and build your human capacity. The Versique brand represents a powerful combination of "versatile" and "unique," hinting at the concept of "search" in its pronunciation.

In 2023, Versique made the Inc. 5000 list of fastest-growing private companies, and the Minneapolis-St. Paul Business Journal's Fast 50 list for fastest-growing private companies in Minnesota. Additionally, for the past four years, Versique has been recognized as a Star Tribune Top Workplace and awarded a Best Place to Work in 2022 by the Minneapolis/St. Paul Business Journal, which speaks to the incredible culture we've fostered.

We believe people are the ultimate business advantage. Let's find your people together. And make the best possible.

Versique is an equal-opportunity employer committed to creating a diverse workforce. We consider all qualified applicants regardless of race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status.

Jobs in Albert Lea

Chief Financial Officer (ID:46599)