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Chief Financial Officer

Job Description

The Chief Financial Officer for Franklin Foundation Hospital will follow the direction of the CEO and Board of Directors. The CFO is responsible for providing leadership and oversight of the overall financial planning and financial operations of the hospital system in support of the hospital system’s mission.

S/he appraises the organization's financial position and issues periodic financial and operating reports; directs the hospital system’s financial planning, revenue cycle, payroll, and accounting practices; oversees and directs treasury, budgeting, audit, tax, purchasing, real estate and insurance.

The CFO develops and implements policies and procedures to include safeguarding of assets and adherence to generally accepted accounting principles; ensures proper accountability and reporting to federal and state agencies and all matters pertinent to a fiscally responsible flow of operations.

The CFO is responsible for positive relationships and effective communications with lending institutions, the financial community, Community Hospital Corporation, medical staff, employees, volunteers, community representatives and board members as appropriate.

S/he assures the implementation and adherence to FFH policies and procedures and fulfills the leadership role in the CEO’s absence.

ORGANIZATIONAL RELATIONSHIP:

The Chief Operating Officer reports directly to the Chief Executive Officer.

The Chief Operating Officer works closely with the hospital’s Administrative Team. This includes the Chief Executive Officer, Chief Nursing Officer, Chief Operating Officer, Director of Human Resources, and the Director of Quality Resources on a regular basis.

Following departments report directly to the Chief Financial Officer: Medical Records, Accounting, Business Office/Admitting/Revenue Cycle, and Information Systems.

Requirements

  • Knowledge of hospital and health care practices and procedures as well as laws, regulations, and guidelines pertaining to health care finance.
  • Knowledge of financial management, accounting systems, treasury practices, risk management, financial controls, productivity measures, risk management, reimbursement principles, management care contracting, information management, and materials management.
  • Knowledge of and demonstrated skill in leadership, strategic management, change management, communications, team building, continuous quality improvement, problem solving, decision-making, innovation, and stewardship of resources.
  • Knowledge of operations for Critical Access Hospital (CAH) including government programs specific to Critical Access Hospitals.
  • Skill in establishing a balanced perspective on mission effectiveness and business results.
  • Possess a strong customer service orientation Possess critical thinking skills
  • Possess sound and accurate judgment and timely decision-making Proficient PC skills, including Microsoft Word and Excel spreadsheets.
  • Requires managerial experience and demonstrated understanding and experience with hospital financial reporting, revenue cycle management, accounting, budgeting, accounts payable, treasury, audit, tax, payroll, information technology and materials management.

DESIRED EDUCATION / EXPERIENCE:

  • BS/BA degree in finance, accounting, business or a related discipline required. A CPA designation preferred. A graduate level degree is a plus.
  • 5 – 7 years of progressive career experience in Hospital Finance/Accounting.
  • Hospital CFO experience required.
  • Requires managerial experience and demonstrated understanding and experience with hospital financial reporting, revenue cycle management, accounting, budgeting, accounts payable, treasury, audit, tax, payroll, information technology and materials management.

In compliance with the emergency regulation issued by the Centers for Medicare & Medicaid Services (CMS) and company policy, CHC and its affiliate companies require all employees to provide proof of full Covid-19 vaccination or have an approved medical or religious accommodation as a condition of employment. As a result, these conditions must be met by the first date of employment.

CHC is a tobacco and drug free workplace. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Job Requirements

 

Job Snapshot

Location US-LA-Cypremort Point
Employment Type Full-Time
Pay Type Year
Pay Rate N/A
Store Type Health Care
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Company Overview

Community Hospital Corp

Community Hospital Corporation owns, manages and consults with hospitals through three distinct organizations – CHC Hospitals, CHC Consulting and CHC ContinueCARE, which share a common purpose to guide, support and enhance the mission of community hospitals and healthcare providers. Based in Plano, Texas, CHC provides the resources and experience community hospitals need to improve quality outcomes, patient satisfaction and financial performance. Learn More

Contact Information

US-LA-Cypremort Point
Snapshot
Community Hospital Corp
Company:
US-LA-Cypremort Point
Location:
Full-Time
Employment Type:
Year
Pay Type:
N/A
Pay Rate:
Health Care
Store Type:

Job Description

The Chief Financial Officer for Franklin Foundation Hospital will follow the direction of the CEO and Board of Directors. The CFO is responsible for providing leadership and oversight of the overall financial planning and financial operations of the hospital system in support of the hospital system’s mission.

S/he appraises the organization's financial position and issues periodic financial and operating reports; directs the hospital system’s financial planning, revenue cycle, payroll, and accounting practices; oversees and directs treasury, budgeting, audit, tax, purchasing, real estate and insurance.

The CFO develops and implements policies and procedures to include safeguarding of assets and adherence to generally accepted accounting principles; ensures proper accountability and reporting to federal and state agencies and all matters pertinent to a fiscally responsible flow of operations.

The CFO is responsible for positive relationships and effective communications with lending institutions, the financial community, Community Hospital Corporation, medical staff, employees, volunteers, community representatives and board members as appropriate.

S/he assures the implementation and adherence to FFH policies and procedures and fulfills the leadership role in the CEO’s absence.

ORGANIZATIONAL RELATIONSHIP:

The Chief Operating Officer reports directly to the Chief Executive Officer.

The Chief Operating Officer works closely with the hospital’s Administrative Team. This includes the Chief Executive Officer, Chief Nursing Officer, Chief Operating Officer, Director of Human Resources, and the Director of Quality Resources on a regular basis.

Following departments report directly to the Chief Financial Officer: Medical Records, Accounting, Business Office/Admitting/Revenue Cycle, and Information Systems.

Requirements

  • Knowledge of hospital and health care practices and procedures as well as laws, regulations, and guidelines pertaining to health care finance.
  • Knowledge of financial management, accounting systems, treasury practices, risk management, financial controls, productivity measures, risk management, reimbursement principles, management care contracting, information management, and materials management.
  • Knowledge of and demonstrated skill in leadership, strategic management, change management, communications, team building, continuous quality improvement, problem solving, decision-making, innovation, and stewardship of resources.
  • Knowledge of operations for Critical Access Hospital (CAH) including government programs specific to Critical Access Hospitals.
  • Skill in establishing a balanced perspective on mission effectiveness and business results.
  • Possess a strong customer service orientation Possess critical thinking skills
  • Possess sound and accurate judgment and timely decision-making Proficient PC skills, including Microsoft Word and Excel spreadsheets.
  • Requires managerial experience and demonstrated understanding and experience with hospital financial reporting, revenue cycle management, accounting, budgeting, accounts payable, treasury, audit, tax, payroll, information technology and materials management.

DESIRED EDUCATION / EXPERIENCE:

  • BS/BA degree in finance, accounting, business or a related discipline required. A CPA designation preferred. A graduate level degree is a plus.
  • 5 – 7 years of progressive career experience in Hospital Finance/Accounting.
  • Hospital CFO experience required.
  • Requires managerial experience and demonstrated understanding and experience with hospital financial reporting, revenue cycle management, accounting, budgeting, accounts payable, treasury, audit, tax, payroll, information technology and materials management.

In compliance with the emergency regulation issued by the Centers for Medicare & Medicaid Services (CMS) and company policy, CHC and its affiliate companies require all employees to provide proof of full Covid-19 vaccination or have an approved medical or religious accommodation as a condition of employment. As a result, these conditions must be met by the first date of employment.

CHC is a tobacco and drug free workplace. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Job Requirements

 
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