What are the responsibilities and job description for the Vice President of Finance / Chief Financial Officer position at Jones Memorial Hospital?
Jones Memorial Hospital (JMH) is seeking a strategic, collaborative financial executive to serve as our next Vice President of Finance / Chief Financial Officer (CFO). Reporting directly to the President & CEO and working collaboratively with the Board of Directors, the CFO serves as a key member of the executive leadership team and plays a vital role in shaping the financial future of our nationally recognized rural health system. As an affiliate of UR Medicine, Jones Memorial Hospital combines the agility and culture of a community hospital with the strength, innovation, and resources of one of the nation's premier academic health systems.
Why Jones Memorial Hospital?
Jones Memorial Hospital is proud to be recognized among the nation's leading rural hospitals, including:
- CMS 4-Star Hospital
- Forbes Top Hospital 2026 – Five Star Rated
- 2026 Top 100 Rural & Community Hospital by The Chartis Center for Rural Health
- National Rural Health Association Top 20 Rural Hospital
Our 49-bed acute care hospital serves Western New York and Northern Pennsylvania through an expanding network of inpatient, outpatient, emergency, primary care, specialty, surgical, women's health, and rehabilitation services.
Located in the scenic Southern Tier of Western New York, Wellsville and the greater Allegany County region offer an exceptional quality of life with the welcoming character of a close-knit community. The area features an affordable cost of living, strong schools, historic downtown communities, and abundant opportunities for outdoor recreation, including hiking, fishing, hunting, camping, kayaking, and year-round activities throughout the region's rolling hills and forests. Wellsville also provides convenient access to the Finger Lakes, Buffalo, Rochester, and Northern Pennsylvania, offering the opportunity to enjoy a relaxed rural lifestyle while remaining connected to larger regional destinations.
The Vice President of Finance / Chief Financial Officer provides executive oversight for the Finance, Supply Chain, and Patient Access Departments, ensuring these critical functions operate efficiently while supporting the organization's strategic, operational, and financial goals. The position will also play a critical role in structuring the capital needed to support planned strategic growth and expansion over the next three to five years.
Key Responsibilities
- Provide executive leadership and oversight of the Finance, Supply Chain, and Patient Access Departments, fostering operational excellence, collaboration, and accountability.
- Provide executive oversight of all financial operations, including accounting, budgeting, treasury, payroll, financial reporting, reimbursement, and internal controls.
- Develop and execute long-range financial strategies, capital planning, forecasting, debt management, and cash flow initiatives that support organizational growth and sustainability.
- Work collaboratively with a centralized billing office while providing strategic oversight of revenue cycle performance, reimbursement optimization, financial analysis, and payer contract negotiations.
- Partner with the CEO, executive leadership team, Board of Directors, UR Medicine leadership, and affiliate organizations to support strategic initiatives and informed decision-making.
- Develop financial policies, monitor organizational performance, identify opportunities for operational improvement, and promote responsible stewardship of organizational resources.
- Ensure compliance with all applicable financial reporting requirements, regulatory standards, and audit expectations.
Qualifications
Required
- Master's degree in Business Administration (MBA), Healthcare Administration (MHA), Finance, Accounting, or a related field.
- Minimum of five years of progressively responsible senior financial leadership experience within a hospital or health system.
Preferred
- Certified Public Accountant (CPA).
- Experience within an integrated health system or academic medical center.
- Experience with Rural Health Clinics and the 340B Drug Pricing Program.
- Experience leading operational departments beyond finance.
The Ideal Candidate
We're seeking an experienced healthcare finance leader who is:
- Collaborative and relationship-focused.
- A team builder across every division of the hospital.
- Strategic and forward-thinking.
- Skilled in healthcare finance, reimbursement, budgeting, financial analysis, and organizational planning.
- Experienced in contract negotiation, operational improvement, and leading multidisciplinary teams.
- Committed to integrity, accountability, transparency, and servant leadership.
Location: Jones Memorial Hospital · JMH.ADMINISTRATION EXP
Schedule: Full Time, Days
Benefits:
Health Insurance, Vacation & Paid Time Off, Retirement PlanSalary : $195,000 - $270,000