What are the responsibilities and job description for the Market Assistant CFO - Healthcare (H113/o) position at Denovo Review?
Regional health system located in Northern Middle Tennessee is seeking a Market Assistant CFO. Their collaborative work environment brings together the organizations’ clinical excellence, best practices and talented caregivers in new ways that improve access to clinical programs and specialty care for patients and communities while expanding access to high quality care.
Reporting to the Market CFO, the Market Assistant CFO is responsible for directing market finance department activities to align with the organization’s mission, values, and objectives.
Responsibilities:
- Manages hospital investments within established guidelines.
- Oversees Finance Department activities for accurate and timely financial management reporting, including internal and external financial statements, audits, and budgets.
- Establishes and maintains systems to verify system, process, and data integrity.
- Prepares reports summarizing company business activity and financial position across income, expenses, and earnings.
- Provides direction in implementing and operating the decision support system.
- Plans, organizes, and coordinates financial operations to control revenue receipts, fund expenditures, and asset conservation.
- Coordinates year-end audits by public accounting firms and third-party auditors.
- Ensures compliance with financial, billing, and reporting regulations and standards.
- Provides cash forecasting for operational and capital expenditures.
- Prepares the institution’s operating budget
- Monitors prospective reimbursement methodologies' impact on the institution.
- Evaluates and recommends adjustments to the organization’s rate structure relative to departmental operational costs.
- May serve as Chief Staffing Officer, overseeing labor management processes.
- Develops and implements departmental goals, plans, and standards aligned with organizational requirements.
- Plans and monitors staffing activities, including hiring, orientation, evaluation, and professional development.
Candidates applying MUST HAVE:
- A Bachelor's degree in Accounting/Finance
- Minimum of 5 years for-profit acute care hospital finance experience
- Minimum of 3 years of supervisory experience
Ideal Candidates WILL HAVE:
- A Master's degree in Accounting, Finance or Business
- Be licensed as a CPA
- Experience in hospital finance serving multiple locations