Market CFO: Healthcare Finance & Margin Growth

Job Summary 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, which operates ambulatory surgery centers and surgical hospitals. We also operate 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. Across the Tenet enterprise, we are united by our mission to deliver quality, compassionate care in the communities we serve. Job Description The Market Chief Financial Officer will be responsible for oversight of the financial performance and integrity of a USPI portfolio of facilities across a “Market”. He/she will ensure that all facilities run in the most margin optimized manner and that all financial risks are managed appropriately. The Market Chief Financial Officer serves as a key member of the USPI Market Leadership Team, participating in establishing and implementing annual plans, operational improvement and financial controls. He/she is a key member of the team that interacts and communicates on a regular basis with an array of internal and external constituents, including key partners as needed. The Market Chief Financial Officer has responsibility for the identification, independent assessment of operational optimization, establishing and monitoring action plans, and for the communication of opportunity and progress to USPI’s VP of Operations Finance, the Market President and Corporate Leadership. The Market Chief Financial Officer is responsible for monitoring the financial performance at a facility, regional and market level to ensure performance against budget expectations. He/she also monitors revenue cycle processes, growth initiatives, labor management, supply chain efficiency, and expense management. He/she must have strong business acumen and leadership to manage business office managers, directors of materials management, surgical hospital CFOs, etc. through solid/dotted line reporting, and work effectively with Corporate USPI and Tenet Healthcare departments such as Accounting/Financial Reporting, Internal Audit, Legal, Compliance, and other support services. Key Responsibilities Evaluate daily and weekly operating results ensuring revenues, expenses and labor are within targets and inform facility leadership of needed improvements. Establish and maintain sound financial controls and record keeping, including approving labor and non‑labor expenditures up to an established level. Continuously monitor facilities’ financial position relative to budget expectations, participate in operating reviews and earnings optimization plan development and implementation. Interface with appropriate departments in the review of key budget assumptions and routine reviews to ensure appropriate utilization of resources that impact financial performance. Prepare financial forecasts and monitor performance versus budget; consolidate results, develop rolling 90‑day forecasts with facility accounting support, and implement cash management controls. Prepare mid‑month projects for the respective regions and drive actionable tactics to pivot and improve overall margins. 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 systems and processes across facilities. Direct the development and implementation of new 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. Keep abreast of government regulatory requirements and the rapidly changing reimbursement environment to develop and implement changes to policies and procedures as needed. Attend promptly to the administrative details of the position including signing of documents, preparation of reports, completion of performance appraisals and other employee‑related actions. Ensure that the financial operations of the facility are carried out in an ethical, compliant, and responsible manner. Ensure the continued financial education and reporting to our existing partnerships. Has a track‑record of delivering year‑over‑year improved financial performance in a complex, matrix organization. Establish realistic and aggressive financial goals, targets and metrics consistent with corporate, market and facility priorities across core operations finance areas including volume/acuity, revenue cycle performance and expense management. Set and maintain fiscal year pace and rigor for facility management with a high degree of financial operational excellence (planning, contracts, forecasting, cash management). Effectively gauge external factors and trends to provide a forward‑looking perspective when creating business strategy and forecasting. Demonstrate business and analytical skills to identify gaps in the current business plan and actively refresh the financial outlook and strategy as needed. Act as full partner at facility, market and corporate level in pursuit of earnings optimization opportunities across revenue integrity, volume and service line growth, and cost efficiency. Actively engage facility leadership and physicians in improving short‑ and long‑term results (facility earnings improvement plans, labor management, supply management efficiency, capital prioritization and vetting, reporting systems etc.). Demonstrate excellence in engagement and communications, with a highly visible leadership approach, that results in financial understanding and ownership at all levels across markets. Maintain high quality standards, overseeing preparation of financial statements and business plans; ensuring optimal internal audits with no Sarbanes‑Oxley items; maintaining and addressing monthly internal control checklist. Qualifications Important Skills and Competencies: Required Skills Education: A Bachelor’s degree in Business, or an appropriately relevant field, is required. A Master’s degree in Business, Healthcare Administration or Public Health is highly preferred. A CPA designation is highly preferred. Experience: Minimum of 5‑7 years of experience in the healthcare/hospital industry in progressive finance role with knowledge of industry dynamics, financial planning and core operations finance processes. Other Requirements Exhibited success in a finance leadership role in healthcare. Proven experience in using data to drive financial and operational improvement. Skilled at team building and has a track‑record of being a collaborative and effective manager. Possess and demonstrate excellent organizational, interpersonal, and communication skills. Capacity to work independently with minimal supervision. Ability to accommodate moderate travel to facilities, depending on need. Travel Within region. Selected candidates will be required to pass a Motor Vehicle Record check. #LI-JA2 #J-18808-Ljbffr