Chief Financial Officer - CFO
Lubbock Heart & Surgical Hospital
Job Category: Leadership - Senior Executive Requisition Number: CHIEF039000 Location Lubbock Heart & Surgical — 4810 N Loop 289 — Lubbock, TX 79416, USA Position Summary: The Chief Financial Officer assists the Hospital CEO and other hospital leadership in managing the financial and legal aspects of the business. In addition, this position has operational responsibility for the accounting, purchasing, revenue integrity, health information systems, and patient access departments. Due to the size of the company, this position must maintain extensive skills in the areas being supervised, and will often assist those reporting departments in a direct, hands‑on way. A critical need to balance time spent on operational areas versus strategic management issues requires a fast‑working, confident, critical thinker who can juggle multiple high priority projects simultaneously. Qualifications Education: Bachelor’s degree from a recognized university in finance, accounting, or health care administration. Master’s degree preferred. Licensure/Certification: Certified Public Accountant, Certified Management Accountant, or Certified Manager of Patient Accounts preferable, but not required. Experience: 7-10 years of progressive leadership experience in a hospital finance setting. Must be well versed in health care regulatory compliance, central supply management, SOX compliance, and GAAP. Ability to work individually and in a team setting. Experience developing and motivating staff, understanding general principles of human resources management and employment law. Computer proficiency and data analysis experience. Demonstrated experience developing and overseeing large budgets and leading strategic planning initiatives. Proven ability to create effective working relationships with physicians, staff and board members. Demonstrated leadership ability and complex organizational management skills. Maintain confidentiality of patient personal, financial and medical information. Demonstrated flexibility and ability to continually address shifting priorities, meet deadlines and work in a stressful environment. Excellent written and verbal skills and ability to speak to large and diverse groups. Professional appearance and positive image of the organization to the public. Exercise considerable judgment and discretion. Primary Duties Financial and Revenue Leadership Leads the overall process of revenue integrity and financial management for the facility. Responsible for financial policies and procedures to enhance asset safety or operational efficiency. Develops and disseminates cash accounting, line item budgets, forecasts, models and other data; provides feedback on financial or statistical results with suggestions for improvement. Evaluates overall financial position, recommends financial plans and budgets for board approval, monitors expenditures against revenue. Directs development and planning of financial reporting systems. Reviews effectiveness of financial and accounting system, policies and procedures; directs development and implementation of improvements. Directs financial and revenue integrity team leaders. Collaborates with other senior members to develop major financial plans including capital expenditure programs. Maintains departmental reports and records and collects statistical data for administrative and regulatory purposes. Supervises and coordinates reimbursements, budget, patient accounting and general accounting functions. Prepares reports outlining hospital’s financial position in all areas of assets, liabilities, income and expense. Purchasing and Materials Management Leadership Leads overall purchasing and materials management for the facility. Responsible for development of policies and procedures to enhance purchasing power and operational efficiency. Oversees planning, practices, procedures and personnel associated with hospital’s central supply programs. Operations Oversight Recruit, hire, train, and provide organizational support for key operational areas. Identify issues affecting efficiency, productivity or morale. Complete employee evaluations in a timely manner per company policy. Key Relationships Maintain positive relationships with internal and external customers, effective interaction and problem solving. Proactive in meeting customers’ needs and responding promptly. Keep President and appropriate staff informed of problems; recommend solutions. Participate in education and development of peers and other staff. Initiative Develop specific work plans and due dates. Follow through on planned assignments within assigned timeframes. Effectively prioritize assignments. Willingness to accept extra assignments. Adapt to change, work pressures or different situations without undue stress. Demonstrate skill in developing improvements in work methods. Effective in cost control and resource utilization. Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor. #J-18808-Ljbffr
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