Group Assistant Chief Financial Officer - Detroit

Job Summary COMPANY BACKGROUND: Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company headquartered in Dallas with more than 100,000 employees. Through an expansive care network that includes United Surgical Partners International, we operate 60 hospitals and approximately 460 other healthcare facilities, including surgical hospitals, ambulatory surgery centers and imaging centers and other care sites and clinics. We also operate Conifer Health Solutions, which provides revenue cycle management and value-based care services to hospitals, health systems, physician practices, employers and other clients. Across the Tenet enterprise, we are united by our mission to deliver quality, compassionate care in the communities we serve. For more information, please visit

II. MARKET SUMMARY:

Detroit Group DMC (seven hospitals) DMC Children’s Hospital of Michigan, 228 beds, key service lines include Pediatric Surgery, Level I Trauma for Children, Cardiology, and NICU Services. DMC Midtown Campus Harper Hutzel Hospital, 584 beds, key service lines include Neurology, Bariatrics, Transplant, Otolaryngology, Cardiology, Women’s Services, and ECMO Center Receiving Hospital, 273 beds, key service lines include Level 1 Trauma Center, Primary Stroke Center, and Burn Center DMC Sinai‑Grace Hospital, 404 beds, key service lines include Oncology, Gerontology, Women’s Services, Orthopedics, and Joint‑Replacement Surgery. DMC University Labs – Outreach Lab services and Core lab to support DMC market. DMC Rehab Institute of Michigan, 97 beds, key service lines include Rehabilitation Medicine and Research, Spinal Cord Injury, Brain Injury, Stroke, Orthopaedics, Amputee and Catastrophic Injury, 30+ Sports Medicine and Orthopaedics Outpatient Sites. POSITION SUMMARY: The Market Assistant Chief Financial Officer collaborates with the Group Chief Financial Officer and assumes responsibility for the ongoing effective operation of the department by exerting a leadership role that supports the hospitals, mission, vision, goals and objectives while focusing on the patient, physicians, employees, volunteers and the community as customers. The Market Assistant Chief Financial Officer has ongoing accountability for the continuous assessment, improvement, coordination and integration into the hospitals’ and group’s financial functions. He/she is accountable for departments’ direction and coordination. Responsibilities FUNCTIONAL EXPECTATIONS & REQUIREMENTS: The Market Assistant Chief Financial Officer has responsibility for supporting the Group Chief Financial Officer in all efforts to ensure the financial viability of the hospital network by establishing and monitoring financial plans and budgets, and managing the financial affairs of the hospital network according to business unit goals, sound business practices, corporate and hospital policies, and according to various government regulatory requirements. As such, the Market Assistant CFO’s responsibilities are to: Analyze daily operating results to ensure that revenues, expenses, and labor are within budgeted objectives; advise department heads and administration of needed changes and improvements in a timely manner. Establish and maintain sound financial controls and record keeping. Keep abreast of government regulatory requirements and the rapidly changing reimbursement environment to develop and implement changes to policies and procedures as needed. Ensure that the financial operations of the hospital network are carried out in an ethical, responsible manner. Establish and monitor the annual operating budget according to sound budgeting principles and corporate guidelines. Interface with Human Resources and other appropriate departments in the preparation of workforce plans and salary and benefit proposals. Evaluate the hospital network’s overall financial position and prepare periodic financial and operating reports. Provide consistent and accurate financial, accounting and reporting processes throughout the network. Prepare financial forecasts and monitor performance versus budget; consolidate results, prepare rolling 90‑day forecasts, and develop and implement cash management controls. Coordinate with other senior members of the leadership team in the development of major strategic and financial plans, including capital expenditure programs. Review, evaluate and ensure the effectiveness of all financial and accounting systems in the hospital network. Direct the development and implementation of new systems, policies and procedures as required. Assist in the development of new business by analyzing the feasibility of new programs, including managed care contracts, and advise management of the financial prospects. Attend promptly to the administrative details of the position including the signing of documents, preparation of reports, completion of performance appraisals and other employee-related actions. ORGANIZATIONAL LEADERSHIP - EXPECTATIONS & REQUIREMENTS: Core competencies for a successful leader at Tenet are defined across five areas critical to performance: Use Astute Judgment Delivers year over year improved financial performance in a complex, matrix organization. Demonstrates high degree of financial operational excellence (e.g., planning, contracts, budgeting, capital financing, and cash management). Holds finance team accountable to high ethical standards (e.g., compliance, internal controls, audits and SOX reporting). Effectively gauges external factors and trends to provide a forward‑looking perspective when creating business strategy and forecasting. Demonstrates business and analytical skills to identify gaps in the current business plan and actively refreshes the financial outlook and strategy as needed. Shape Strategy Acts as full partner at facility, market and home office level in pursuit of new revenue generation opportunities. Highly visible leader who works with team to identify challenges and capitalize on opportunities. Thought partner for CEO, promoting ideas in a bold and respectful manner. Apply Financial Insights Demonstrates excellence in formal and interpersonal communications that results in financial understanding and “ownership” at all levels. Engages managers and physicians in improving short‑ and long‑term results. Intuitive thinker willing to take prudent risk to achieve balanced results. Acts as financial consultant to the facility. Drive Organizational Success Sets realistic and aggressive financial goals, targets and metrics consistent with strategic objectives. Sets and maintains fiscal year pace and rigor for facility management. Builds consensus and commitment across diverse teams. Analyzes and interprets financial performance and recommends corrective action as needed. Maintains high quality standards, ensuring accurate financial statements, reports and internal controls. Develop Organizational Talent Shapes roles and assignments to maximize performance. Provides performance feedback, coaching and guidance to build career potential. Engages in team bench strength assessments and recruitment actions that meet talent requirements. Qualifications CANDIDATE EXPERIENCE, ATTRIBUTES AND EDUCATION REQUIREMENTS: At least eight to ten years of progressive financial healthcare or equivalent experience in general accounting, operations, financial systems, financial statements, review and analysis, multi‑discipline management, and ethics. Good organization skills with the ability to prioritize workload and manage all financial activities. Resilience to working under pressure. Ability to translate complex finance, operational, and compliance issues into clear terms for all levels of the organization. Referenceable track record in facility finance and decision making to generate improved financial performance. Experience in negotiating managed care contracts. Substantial experience in financial operations, strategic planning, contracts, reimbursement, budgeting and capital financing in a complex environment. Strong understanding of healthcare trends and ability to anticipate opportunities. Professional Attributes Cooperative approach to problem‑solving; ability to build consensus and support across functional lines. Broad financial thinker and team player who works well with ambiguity and can translate the organization’s vision into a focused financial strategy. Intuitive thinker who recommends new or modified approaches. Personal Attributes Highest integrity, principles and knowledge; earns respect in difficult decisions. Active listener, encourages input from others, provides clear directions, maintains ongoing dialogue with employees. Collaborative with critical personnel for financial tasks. Excellent oral and written presentation skills. Education/Certifications A Bachelor’s degree in Finance or Accounting is required. An MBA, MHA or CPA is strongly preferred. Compensation A competitive compensation program will be tailored to the selected candidate. Base salary will be supplemented by a performance bonus and a comprehensive benefits program, including relocation assistance. Travel Minimal. Ability to travel in market. Selected candidate will be required to pass a Motor Vehicle Records check. 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 undue hardship. Tenet participates in the E‑Verify program. The employment practices of Tenet Healthcare and its companies comply with all applicable laws and regulations. E‑Verify : #J-18808-Ljbffr Tenet Healthcare