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Market CFO Chief Financial Officer

Location : Danville VA 24540
Job Type : Direct
Hours : Full Time
Travel : No
Relocation : No
Job Industry : Healthcare - Health Services
Job Category : Finance/Economics

Job Description :
Market CFO Chief Financial Officer

General Responsibilities for the Market CFO Chief Financial Officer

• Administers 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. 
• Provides formal or informal direction in data processing, distributed systems, material management and medical records functions. 
• Trains subordinates on the above areas and monitors performance to ensure fiscal responsibilities are fulfilled. 
• Assists 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. 
• The Division CFO Chief Financial Officer develops long and short-range operational and capital budgets, which are supported by the hospitals long and short range plans and objectives. 
• Prepares cash flow analyses and budget variance analyses. 
• Recommends budget modifications as required. Assists managers in the development of departmental budgets. 
• Monitors, interprets and analyzes hospital financial performance in realizing established plans and objectives of the hospital. 
• Identifies and reports undesirable trends and potential business opportunities and makes recommendations for action. 
• Directs the preparation of internal financial reports including work papers for annual financial audit. 
• Assures the timely and accurate preparation of financial reports and assures that the reports reliably reflect the financial position of the hospital. 
• Assumes a lead role in analyzing and exploring means of reducing hospital operating costs and increasing 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. 


Required Qualifications :

JOB REQUIREMENTS for the Market CFO Chief Financial Officer

• Bachelor’s Degree in Accounting or Finance and the knowledge of generally accepted accounting principals, and verbal, interpersonal and quantitative skills normally acquired through completion of this degree is required. 
• CPA or Master's Degree strongly preferred. 
• 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 required. 
• 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. 
• The Market CFO Chief Financial Officer must understand how to motivate and inspire staff to achieve optimal results, while keeping employee satisfaction high.

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