Chief Financial Officer (CFO) - Mercy Care Atlanta (Atlanta)
Mercy Care
Employment Type
Full time
Shift
Description
POSITION PURPOSE
Provides financial stewardship and direction to Mercy Care Atlanta. The Chief Financial Officer (CFO) is responsible for the integrity of all financial information and reporting. The position participates with other senior management to address, interpret, resolve and monitor a broad and diverse range of financial, operational and strategic issues. The CFO contributes to the overall management of Mercy Care Atlanta by driving key strategies and financial performance as a member of the Senior Leadership Team. Proactively works in a collaborative manner with other members of the Senior Leadership Team and with Trinity Health System Office and Unified Service Organizations to improve financial performance and attain strategic goals and objectives.
Essential Functions
- Knows, understands, incorporates and demonstrates Mercy Care Atlanta’s and Trinity Health mission, vision and values in leadership behavior, practices and decisions.
- Functions as the business strategy partner for the Chief Executive Officer (CEO). In this role, the incumbent will provide direction and leadership in reviewing the organization’s financial affairs and actively pursuing identified strategies and opportunities for operational improvement.
- Oversees all finance functions including financial reporting, accounting, payroll and disbursements, operating and capital budget process, strategic financial planning, financial analysis, forecasting and decision support.
- Actively supports Trinity Health strategies for the creation and implementation of unified service organizations related to finance, serving as the Trinity Health advocate and client leader for operational integration (i.e., Treasury, Tax, Revenue Excellence, Unified Accounts Payable Organization, etc.). Drives accountability and partnership through engagement with RHM and USO leaders leveraging the USOs to gain the benefit of these organizations, driving transparency of information with System Office and USOs and seeking assistance from the USOs, System Office and other RHMs. With respect to financial statements, determine appropriate reserve levels in conjunction with the Trinity Health Revenue Excellence and Trinity Health Vice President/Director Financial Operations.
- Communicates with and acts as staff to Mercy Care Atlanta governance including the Finance and Strategy Committee.
- Communicates with and builds a strong collaborative relationship with the Mercy Care Atlanta medical staff. Participates in the Integrated Delivery System Councils.
- Develops and oversees budgets which conform to the strategic and financial plans of Mercy Care Atlanta and Trinity Health. Verifies the integrity of the operating budgets by measuring, projecting and analyzing variances and recommending appropriate action to senior leadership.
- Communicates financial information to the RHM management. Reviews key financial indicators of volume, cost, productivity etc. on a weekly, bi‑weekly and monthly basis with the Senior Leadership Teams, together with specific recommendations on how to improve these performance indicators. Works collaboratively with Senior Leadership to monitor daily indicators of activity to support proactive management of operations and cost control including productivity. Engages System Office Financial Operations on issues, discussing these and seeking assistance and resources as needed. Leads the operational efficiency analysis, planning and implementation work in collaboration with accountable operational leaders within the RHM.
- Develops implements and oversees appropriate financial operating systems, processes, and controls that provide accurate and timely financial information, community benefit reporting and other external reporting. Coordinates with Trinity Health System Office Finance, Organizational Integrity & Audit Services and external auditors. Ensure appropriate internal controls exist and address any deficiencies noted. Oversees accurate and timely filing of Federal and State tax filings in coordination with the Trinity Health System Office Tax Department.
- Monitors Mercy Care Atlanta balance sheets including cash and debt positions and proactively manages capital spending to ensure it is within budget.
- Proactively evaluates financial results by service line/program analysis and benchmarking to identify opportunities and provide substantive advice relative to improving financial performance. Develops tools to support employed physician Medical Group managers and service line leaders to proactively manage the balanced dashboard. Proactively works with the Medical Group CEO to assure operational improvements and development of the Accountable Care Network. Identify performance trends and future changes, analyze the impact of these on financial operations, and drive change in operating decisions. Proactively engages with the CEO and other senior team leaders and management to ensure attainment of financial and strategic goals.
- Identifies, evaluates and make recommendations on new business opportunities with a focus on growth. Negotiates or provides input into business transactions, dealings and contractual arrangements including acquisitions, divestitures, joint ventures and physician relationships. The CFO or designee will review and advise on all Mercy Care Atlanta contracts.
- Provides leadership for strategic financial and capital decision making. Coordinate, prioritize, and leverage strategies and capital investments to maximum benefit across the region. Analyze strategic options and lead ROI analysis advising the CEO and other senior leadership on best strategic and financial direction. Drive the development of a strategic financial plan for the Region and act as the key partner in strategic capital planning and prioritization of investments to ensure strong long term financial stewardship. Proactively evaluate actual versus forecasted results of strategic capital investments, identify reasons for variation and identify changes needed to further improve results.
- Responsible for direction, formulation and implementation of overall finance-related policies and objectives. Responsible for adherence to Trinity Health financial policies and procedures and ensuring all financial practices are in compliance with applicable government and other regulatory agency requirements including generally accepted accounting principles.
- Ensures effective management of all federal, state, county, and private grant funding across Mercy Care, including identification of funding opportunities, grant application strategy, budget development, reporting, and compliance. Collaborates with program leaders, the Development team, Finance, and the CEO to align grant pursuits with organizational priorities, regulatory requirements, community needs, and long‑term sustainability.
- Oversees the financial integrity of all grant budgets, ensuring accurate tracking, forecasting, billing, reconciliation, draw‑downs, and audit‑ready documentation. Ensures timely completion and submission of all grant‑related financial reports, programmatic reports, and renewal documentation in accordance with funder and governmental requirements.
- Implements and maintains systems and internal controls to ensure compliance with federal regulations (including Uniform Guidance), state and county contract requirements, and private foundation expectations. Provides financial leadership and support for Mercy Care’s fundraising and development activities, including relationship management with philanthropic partners, donor stewardship, fundraising events and community engagement initiatives.
- Reviews grant‑funded program performance and advises senior leadership on financial risk, sustainability, opportunities for expansion, and strategic use of grant resources to advance mission, population health and service delivery
- Leads educational programs and provides coaching for Region leadership, management and colleagues to strengthen clinical business competency. Ensures highly competent Regional finance team through ongoing coaching, development plans, assessment of needs and talents and recruitment strategies. Creates system development opportunities through discussion of team with System Office Financial Operations leadership on current talent, development plan and future organizational opportunities.
- Actively participates in Trinity Health system‑wide initiatives providing leadership, support and engagement to ensure successful assessment and implementation.
- Maintains a working knowledge of applicable Federal, State and local laws/regulations; the Trinity Health Integrity and Compliance Program and Code of Conduct; as well as other policies and procedures in order to ensure adherence in a manner that reflects honest, ethical and professional behavior.
- The CFO may be assigned responsibility for additional departments at the discretion of the CEO and with concurrence by Trinity Health Vice President Financial Operations.
Leadership Competencies
As a Trinity Health Executive, The Incumbent Is Expected To Demonstrate Leadership Traits Which Support Our Mission Statement And Core Values As Identified Below
Mission Statement
We, Trinity Health, serve together in the spirit of the Gospel as a compassionate and transforming healing presence within our communities.
Core Values
- Reverence: We honor the sacredness and dignity of every person.
- Commitment to Those who are Poor: We stand with and serve those who are poor, especially those most vulnerable.
- Justice: We foster right relationships to promote the common good, including sustainability of Earth.
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