Chief Financial Officer

    Published
    May 9, 2022
    Location
    Western, Mississippi
    Job Type
    State
    Mississippi
    Region
    Southeast

    Description

    My client, a midsized hospital located in Western Mississippi, about 2 hrs from Memphis, TN, has a need for a CFO to join their team.  Candidates ABSOLUTELY MUST have recent acute care For Profit hospital experience as a CFO to be considered.

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

    General Responsibilities

    • 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.
    • 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.

    Minimum Qualifications 

    • 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.
    • Must understand how to motivate and inspire staff to achieve optimal results, while keeping employee satisfaction high.

    Located in the heart of the legendary Mississippi Delta – halfway between Memphis, Tennessee and Jackson, Mississippi – this city combines the charm of a small town with the educational and cultural opportunities of a much larger city. This is a place where you find equal opportunity to get away from it all or to be in the center of vibrant activity. Less than a two hour drive to Memphis or Jackson, the entertainment, cultural and shopping opportunities of these metropolitan areas are close at hand, while the wide-open spaces, abundant woodlands, and lakes and rivers offer the best in country life. If shopping is your passion, you will be pleasantly surprised. In fact, the city has earned a reputation as the Shopping Mecca of the Delta because of the variety and number of quaint specialty shops located there. The County's natural resources are second to none, offering a wealth of outdoor recreational opportunities. Because of the terrain and mild climate, public hunting and fishing areas abound, and the County's large lakes and rivers beckon boating and water sport enthusiasts. And, along the banks of the Mississippi River, you will find the 756-acre Great River Road State Park, with facilities for picnicking, camping and a 72-foot observation tower that provides breathtaking views of the Mississippi River.

     

    Salary range is $130,000—170,000.  Eligible for up to a 30% bonus, relo asst.

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