Chief Financial Officer - Healthcare - Virginia Beach
Company: On Time Talent Solutions
Location: Virginia Beach
Posted on: May 15, 2022
Job Description:
Chief Financial Officer - HealthcareVirginia Beach,
-VirginiaKnown for its miles and miles of beaches filled with
restaurants, bars, and resorts, Virginia Beach is seen as a
vacation destination. However, much of the area is filled with
families, giving Virginia Beach much more of a suburban feel. With
a lower than average unemployment rate and some large healthcare
companies based in Virginia Beach, job opportunities are
abundant.We are looking for an experienced financial leaders in the
healthcare industry who are searching for their next career
move!Chief Financial Officer Responsibilities:
- Develop annual operating and capital budgets for the medical
center and its subsidiaries.
- Develop the annual long-range financial plan in close
cooperation with Senior Leadership Team
- Develop and negotiate payor contract relationships ensuring
maintenance of harmonious relationships and achieving annual goals
for overall percent increases and improvements in contract language
provisions
- Oversee the efficient functions of the revenue cycle including
customer services, systems, training and quality assurance
aspects
- Oversee policies and procedures pertaining to utilization
review and discharge planning activities
- Administers the general accounting, patient business services,
including third-party reimbursement, financial and statistical
reporting functions of the hospital in accordance with established
policies and accounting procedures
- Develops long and short-range operational and capital budgets,
which are supported by the hospital's long and short-range plans
and objectives. Causes to be prepared cash flow analyses and budget
variance. Provides consultative recommendations regarding budget
modifications as required
- Identifies and reports trends and makes consultative
recommendations for remedial action
- Causes to be prepared by hospital employee's internal financial
reports including work papers for annual financial audit by an
outside public accounting firm
- Assumes a lead role in exploring and implementing means of
managing and improving the financial performance of the
hospital
- Oversees through hospital employees all area of the revenue
cycle. Works with hospital employees to achieve efficiencies in the
revenue cycle
- Consults and works closely and collegially with CBJ Finance and
Administration.
- Consults and negotiates with third-party payors concerning the
hospital rates, always subject to the final approval of the
hospital's governing boardChief Financial Officer Qualifications:
- Graduate Degree in Business, Finance, or Accounting. Advanced
degree such as MAC, MPA, or MBA is preferred. Additional applicable
experience may substitute for the education
- Two years of experience in public accounting, specifically in
health care auditing (when applied to small hospitals) or up to
four years' experience as a hospital controller
- Five years of experience as a Chief Financial Officer for an
acute care medical facility or hospital
- Five years in a leadership role with special skills which
include business acumen, strategic planning, decision making in
view of financial priorities and internal and external conditions,
and highly developed leadership and interpersonal skills
Keywords: On Time Talent Solutions, Virginia Beach , Chief Financial Officer - Healthcare - Virginia Beach, Executive , Virginia Beach, Virginia
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