Chief Financial Officer - CFO

Lubbock Heart & Surgical Hospital specializes in the care of cardiac, orthopedic, nephrology, urology, and general medical patients. We are also a highly active inpatient center mainly centered on surgical procedures that include cardiothoracic, orthopedic, urology, and general surgery. We have a 24‑hour Emergency Department with 5 fully equipped ED rooms, 4 fully operating OR rooms, 4 cardiac catheterization labs with 1 electrophysiology room, 11 day‑surgery rooms, 58 acute care beds spread over three units, and 16 cardiac critical care rooms. We pride ourselves on giving the best overall care possible to our patients and on a family‑style atmosphere that includes everyone: patients and their families, physicians, and our employees.

Position Summary

The Chief Financial Officer assists the Hospital CEO and other leadership in managing the financial and legal aspects of the business. The CFO has operational responsibility for accounting, purchasing, revenue integrity, health information systems, and patient access departments. This role requires extensive skill sets in each area and active, hands‑on assistance to department leaders, balancing operational duties with strategic management in a fast‑paced environment.

Qualifications

• Bachelor’s degree in finance, accounting, or health‑care administration; Master’s preferred.
• Certifications such as CPA, CMA, or Manager of Patient Accounts preferred but not required.
• 7‑10 years of progressive hospital‑finance leadership required; must be well‑versed in regulatory compliance, central supply management, SOX compliance, and GAAP.
• Advanced Excel proficiency.
• Strong teamwork and individual work skills.
• Experience developing and motivating staff, with knowledge of human‑resources principles and employment law.
• Computer proficiency and data‑analysis experience; demonstrated ability to develop and oversee large budgets and lead strategic planning initiatives.
• Proven ability to build working relationships with physicians, staff, and the Board.
• Demonstrated leadership and complex organizational‑management skills.
• Maintains confidentiality of patient personal, financial, and medical information.
• Flexibility to address shifting priorities, meet deadlines, and work in a stressful environment.
• Excellent written and verbal communication; able to speak to large and diverse groups.
• Professional appearance, positive public image.
• Judgment and discretion in all duties.

Primary Duties

• Financial and Revenue Leadership
  • Lead revenue integrity and financial management processes.
  • Develop financial policies and procedures to enhance asset safety and operational efficiency.
  • Create and disseminate cash accounting, line‑item budgets, forecasts, models, and other data.
  • Provide financial and statistical analysis and recommendations for improvement.
  • Recommend financial plans and budgets for board approval; monitor expenditures vs. revenue.
  • Direct financial reporting system development and implementation.
  • Review and improve financial and accounting system effectiveness.
  • Lead the financial and revenue integrity team.
  • Collaborate on major financial plans, including capital expenditure programs.
  • Maintain departmental reports, records, and statistical data for administrative and regulatory purposes.
  • Supervise reimbursements, budgeting, patient accounting, and general accounting functions.
  • Prepare comprehensive reports of the hospital’s financial position.
• Purchasing and Materials Management Leadership
  • Lead overall purchasing and materials management.
  • Develop policies and procedures to enhance purchasing power and operational efficiency.
  • Direct planning and oversight of central supply programs.
• Operations Oversight
  • Recruit, hire, train, and support key operational areas.
  • Identify and address efficiency, productivity, and morale issues in assigned areas.
  • Complete employee evaluations in a timely manner per policy.

Key Relationships

• Maintain positive relationships with internal and external customers; problem‑solve effectively.
• Proactively meet customer needs and respond promptly to requests.
• Keep the President and staff informed of problems; recommend solutions.
• Participate in education and development of peers and other staff.

Initiative

• Develop specific work plans and set due dates.
• Complete assignments within timeframes.
• Prioritize effectively.
• Accept extra assignments voluntarily.
• Adapt to changing conditions without undue stress.
• Improve work methods and cost control.