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Assistant Chief Financial Officer- DMC Children’s Hospital of Michigan

Detroit Medical Center

Company Background Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company headquartered in Dallas. Our care delivery network includes United Surgical Partners International, the largest ambulatory platform in the country, as well as a national portfolio of acute care and specialty hospitals, other outpatient facilities, a network of leading employed physicians, and a global business center in Manila, Philippines. Our Conifer Health Solutions subsidiary provides revenue cycle management and value-based care services to hospitals, health systems, physician practices, employers, and other clients. Market Summary DMC Children’s Hospital of Michigan, Detroit and Troy, Michigan. The 228‑bed facility is a proud member of the Detroit Medical Center, the first children’s hospital in the state. It is nationally recognized for pediatric medicine, surgery and research, and offers outpatient specialty and rehabilitation centers in multiple locations. Position Summary The Assistant Chief Financial Officer (ACFO) safeguards facility assets and ensures the integrity and accuracy of financial statements in accordance with GAAP. The ACFO partners with the CEO, CFO, and executive team to develop and execute strategic and financial plans, maintaining strong relationships with stakeholders and regulatory bodies. Responsibilities Financial Performance & Planning Analyze daily operating results to ensure revenues, expenses, and labor are within budgeted objectives; advise department heads and administration of needed changes. Drive productivity and length‑of‑stay initiatives to optimize operational efficiency, resource utilization, and financial performance. Develop and manage annual budgets, forecasts, and cash‑flow plans (including rolling forecasts). Provide accurate, timely financial reporting and analysis. Controls & Compliance Maintain strong internal controls, financial systems, and recordkeeping. Ensure compliance with regulatory requirements, GAAP, and company policies. Promote ethical financial practices and audit readiness. Revenue Cycle & Operations Oversee and manage revenue cycle performance, including denials management, reimbursement, charge capture, and collections. Partner with stakeholders to improve financial and operational outcomes. Capital & Investment Management Evaluate capital projects and business opportunities, assessing financial impact and ROI. Manage capital deployment in alignment with financial plans. Strategic Leadership Partner with executive leadership on strategic initiatives, growth opportunities, and financial planning. Analyze new business opportunities, including managed‑care contracts and program expansion. Organizational Leadership Judgment & Execution: Deliver consistent financial performance, maintain strong controls, and adapt to market dynamics. Strategic Partnership: Act as a trusted advisor to the CFO, contributing to growth, cost management, and long‑term strategy. Financial Influence: Translate complex financial concepts into actionable insights across all levels of the organization. Operational Rigor: Set clear financial targets, monitor performance, and drive accountability. Talent Development: Build and develop high‑performing finance teams, ensuring strong succession pipelines. Qualifications Experience 5+ years of progressive financial leadership experience; healthcare/hospital experience is required. Strong background in financial operations, planning, reimbursement, and capital management. Demonstrated success improving financial performance in complex environments. Experience with managed‑care contracting and regulatory compliance. Skills & Attributes Strong business acumen with the ability to translate complex data into clear insights. Collaborative leadership style with ability to influence across functions. High integrity, sound judgment, and strong communication skills. Proven ability to operate effectively in fast‑paced, high‑pressure environments. Education Bachelor’s degree in Finance or Accounting required (or Business degree with Accounting/Finance focus or a CPA). MBA, MHA, and/or CPA strongly preferred. Compensation A competitive compensation program will be tailored to the selected candidate. Base salary will be supplemented by a performance bonus and comprehensive, well‑rounded benefits program, which includes relocation assistance. Equal Employment Opportunity Employment practices will not be influenced or affected by an applicant’s or employee’s race, color, religion, sex (including pregnancy), national origin, age, disability, genetic information, sexual orientation, gender identity or expression, veteran status or any other legally protected status. Tenet will make reasonable accommodations for qualified individuals with disabilities unless doing so would result in an undue hardship. Tenet participates in the E‑Verify program. Additional information: #J-18808-Ljbffr Detroit Medical Center

Vacancy posted 2 days ago
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