Chief Financial Officer
On-siteCharleston, South Carolina, United States
Job Summary
Develop and execute financial strategies, initiatives, systems, and processes that optimize current and future performance for a 4-hospital integrated health system with over 700 licensed beds and $1B in net revenue. Provide strategic and tactical leadership on financial affairs, including capital planning, financial reporting, revenue cycle, accounting, payroll, reimbursement, managed care, and supply chain across the enterprise. Serve as the key steward of financial and physical assets while facilitating the Board's Finance & Investment Committees and supporting subsidiary Boards. Represent the organization with business, governmental, and community leaders to drive strategic partnerships, acquisitions, and ventures. Assist in business development and new program launches while ensuring the organization maintains a strong balance sheet and internal controls.
Required Qualifications
- Master's Degree or Bachelor's degree with current Certified Public Accountant certification
- A minimum of ten (10) years of healthcare delivery system administration with demonstrated career progression and at least five (5) years of senior-level finance experience
- Non-profit, multi-hospital, integrated healthcare system experience
Desired Qualifications
- CPA license preferred
- HFMA affiliation and certification preferred
- A record of demonstrating strong, strategic leadership and teamwork
- Experience in working effectively with Boards and Committees of the Board to gain approval for financial plans
- Experience negotiating strategic partnerships, JVs, and innovative care models
- Payer risk-based contracting experience; ACO/CIN experience
- Strong finance, accounting, budgeting, and cost control principles
- Demonstrated experience working directly with operations executives and line managers in a collaborative and supportive manner
- Significant experience working with productivity measurement and helping operations managers to monitor and make needed adjustments
- Experience with preparing for the issuance of tax-exempt bonds and the subsequent compliance reporting requirements
- Cost accounting orientation
- Experience providing board members and others with good financial analysis, strong trend analysis, in-depth analysis of operations, standard ROI analysis on JV's, partnering arrangements, and new programs
- Experience helping physicians understand finances, the impact of business decisions and competition upon their practices, and the future of the health system
- Experience with employed and affiliated physician networks
- Successful managed care contract experience
- Successful supply chain contract negotiating skills
- Revenue cycle management, particularly pertaining to third party contracting, billing, and reimbursement activities
- Record of implementing automated financial and accounting reporting systems
- Knowledge of federal and state reporting requirements
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