What are the responsibilities and job description for the Chief Financial Officer position at Wyckoff Heights Medical Center?
Leadership Competencies
The successful candidate will demonstrate:
- Strategic vision
- Operational discipline
- Financial turnaround expertise
- Executive presence
- Board-level communication skills
- Collaborative leadership style
- Commitment to safety-net healthcare mission
Strong knowledge of:
- Medicare reimbursement
- Medicaid reimbursement
- DSH, UPL, DPT, GME, and supplemental payment programs
- Revenue cycle management
- Healthcare cost accounting
- Labor productivity management
- Capital planning and financing
- Strategic financial planning
Required Qualifications
Education
- Bachelor’s Degree in Accounting, Finance
- MBA, MHA, CPA, or equivalent advanced degree strongly preferred.
Experience
- Minimum 10 years of senior healthcare financial leadership experience.
- Minimum 5 years as CFO, Deputy CFO, or equivalent role.
Salary Range
- 500K - 600K
Responsibilities
Financial Leadership
- Develop long-range financial forecasts and strategic plans.
- Present financial performance and recommendations to the Board of Trustees.
Revenue Cycle Management
- Establish performance metrics for billing, collections, and cash acceleration.
- Monitor payer performance and reimbursement trends.
Government Reimbursement
- Lead Medicare and Medicaid reimbursement strategy.
- Maximize supplemental funding opportunities.
- Manage relationships with governmental agencies and regulators.
Operational Finance
- Managed Care and Payer Contracting.
- Physician compensation and productivity analyses.
- Collaborate with clinical leadership on operational improvement initiatives.
Capital and Facilities Finance
- Develop infrastructure investment strategies.
- Evaluate capital expenditures and return on investment.
- Assist in grant procurement and financing initiatives.