Assistant CFO of Practice Operations

HCA Healthcare; South Carolina; On-site; USD 180,000 - 240,000; Full time

Benefits offered by this job

Medical coverage

Dental & vision benefits

401(k) match

Employee stock purchase plan

Education assistance

Time away from work

Job summary

HCA Healthcare's South Atlantic Division in Charleston, SC seeks an Assistant Chief Financial Officer of Practice Operations to lead financial strategy for 700+ providers, 145+ multi-specialty locations and a $200M annual budget.

You will partner with division and hospital leadership, oversee revenue cycle, proformas, forecasting and budgeting, and provide strategic insights to drive operational and financial performance across the network.

Qualifications

• Requires a BA/BS in accounting or related field; masters preferred.
• Minimum five years progressive accounting/financial experience; seven preferred.
• Healthcare physician practice management or healthcare environment experience preferred.
• CPA preferred.
• Strong leadership and communication skills; proficiency in Excel and PowerPoint.

Responsibilities

• Partner with Division, hospitals and operational management through financial analysis, proformas and forecasts to drive performance.
• Lead MOR presentations and prepare monthly financial results for leadership at Group, Division and hospital levels.
• Forecast, budget and project financial results; implement strategies to improve forecasted results.
• Oversee revenue cycle, accounting, reporting and analytics functions with cross-functional teams.
• Develop and mentor direct reports and ensure timely financial reporting.

Skills

Financial leadership

Healthcare finance

Strategic partnership

Forecasting

Budgeting

Team leadership

Regulatory compliance

Excel skills

Education

Bachelor of Arts or Science Degree in accounting or other business-related field

Masters preferred

Job description

This position is incentive eligible.

Introduction

Executives thrive with us! HCA Healthcare is one of the nation’s leading providers of healthcare services, comprising of over 180 hospitals and about 2,000 sites of care in 21 states and the United Kingdom. We are looking for an Assistant Chief Financial Officer of Practice Operations for our South Atlantic Division, where excellence creates excellence. This position will be based in Charleston, SC.

Benefits

HCA Healthcare offers a total rewards package that supports the health, life, career and retirement of our colleagues. The available plans and programs include:

• Comprehensive medical coverage that covers many common services at no cost or for a low copay. Plans include prescription drug and behavioral health coverage as well as free telemedicine services and free AirMed medical transportation.
• Additional options for dental and vision benefits, life and disability coverage, flexible spending accounts, supplemental health protection plans (accident, critical illness, hospital indemnity), auto and home insurance, identity theft protection, legal counseling, long-term care coverage, moving assistance, pet insurance and more.
• Free counseling services and resources for emotional, physical and financial wellbeing
• 401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service)
• Employee Stock Purchase Plan with 10% off HCA Healthcare stock
• Family support through fertility and family building benefits with Progyny and adoption assistance.
• Referral services for child, elder and pet care, home and auto repair, event planning and more
• Consumer discounts through Abenity and Consumer Discounts
• Retirement readiness, rollover assistance services and preferred banking partnerships
• Education assistance (tuition, student loan, certification support, dependent scholarships)
• Colleague recognition program
• Time Away From Work Program (paid time off, paid family leave, long- and short-term disability coverage and leaves of absence)
• Employee Health Assistance Fund that offers free employee-only coverage to full-time and part-time colleagues based on income.

Note: Eligibility for benefits may vary by location.

Job Summary And Qualifications

Serves as the Division’s Financial Leader and Strategic Partner for Physician Operation’s Leadership team. Interprets financial performance/results to identify opportunities to strengthen performance. Leads interactions and MORs for Division and Hospital Leadership. Responsible for the oversight of the Director of Revenue, Assistant Controller, and Financial Analysts. Responsible for the creation and/or validation of proformas related to acquisitions, provider recruitment, and new program development. Provides strategic guidance and insight for projections, forecasting and budgeting.

• Position will report to the Division Vice President of Practice Operations.
• Will support 700+ providers, 145+ multi-specialty practice locations, $200M budget.
• The position will lead a team comprised of Director of Revenue Cycle, Controller, and four (4) Financial Analysts.

Duties Include But Not Limited To

• Partner with and provide strategic guidance to Division, hospitals and operational management through financial analysis, ad hoc reports, proformas and forecasts – including establishment of performance targets and operational execution to achieve targeted performance
• Assist finance team with presentation and analysis of monthly financial results, including leadership of MOR presentations, for Group, Division and hospital leadership. The focus of these presentation is to identify and drive strategies for operational improvement based upon analysis of run rate performance and/or forecasts that identify variation from budgets or trend.
• Strategically focus operational actions through projecting, forecasting and budgeting financial results, while also working with operational leadership and management to implement strategies and tactics to improve forecasted results
• Interface with shared service functions with respect to reporting and financial issues to provide resolution recommendations. This includes and is not limited to CBO, Accounting, Reporting & Analytics, Parallon/CBO, Coding, Physician Compensation, Purchasing/Capital.
• Manage and evaluate operational performance to ensure quality of services and maintain technical expertise of workgroup personnel.
• Actively engage in training and leadership to operational management. To include training re: context and insight relative to strategies, operational processes and internal control requirements/timing.
• Support implementation and tracking of strategies, special projects and other duties as assigned
• Responsible for the leadership and development of all direct reports.
• Drive timeliness, accuracy and completeness of financial reports to meet specified deadlines.
• Supervise preparation and coordination reports or returns required by regulatory agencies.
• Coordinate operational adherence with internal compliance audits as required.
• Maintain strictest confidentiality to ensure that privileged and/or proprietary information is adequately safeguarded against disclosure. Practice and adhere to the “Code of Conduct” philosophy and “Mission and Value Statement”.
• Perform other duties as needed.

Education

• Bachelor of Arts or Science Degree in accounting or other business-related field required.
• Masters preferred.

Experience

• Minimum five years of progressive accounting/financial experience required; preferably seven years’ experience.
• Prefer three years in a physician practice management or healthcare-related environment.
• Supervisory experience preferred.

Certification / License

• CPA preferred.

Knowledge, Skills and Abilities

• This position requires the following minimum requirements:
• Comprehensive knowledge of accounting theory, principles and practices sufficient to identify and describe accounting systems and sub-systems.
• Comprehensive skill in exercising a high degree of initiative, judgment, discretion and decision-making to achieve organizational goals.
• Comprehensive knowledge of research techniques to analyze and evaluate financial data and information.
• Strong leadership skills in identifying, leading and developing a team.
• Strong ability to communicate and present effectively at all levels of management.
• Strong Microsoft Excel skills required; PowerPoint skills helpful.

Physical Demands, Working Conditions, Essential Functions

Work is performed in an office environment. Requires sufficient endurance to perform tasks over long periods of work hours. Entails prolonged periods of sitting or standing, with some bending, stretching, and stooping. Requires clarity of vision sufficient to read and prepare necessary reports. Requires manual dexterity and hand-eye coordination sufficient to use a keyboard, calculator, telephone, photocopier, fax machine, and other office equipment. Requires hearing sufficient to hear alarms, telephones, and normal speaking voices.

Supporting HCA Healthcare's 186 hospitals and 2,400+ sites of care, Physician Services plays a crucial role as the main entry point for patients looking for high-quality healthcare within the HCA Healthcare system. With a focus on meeting the needs of our patients at all access points, Physician Services is dedicated to implementing innovative, physician-driven, value-added solutions to assist physicians in providing high-quality, patient-centered care, aligning with our mission to care for and enhance human life.

HCA Healthcare has been recognized as one of the World’s Most Ethical Companies® by the Ethisphere Institute more than ten times. In recent years, HCA Healthcare spent an estimated $3.7 billion in costs for the delivery of charitable care, uninsured discounts, and other uncompensated expenses.

“Bricks and mortar do not make a hospital. People do.”- Dr. Thomas Frist, Sr.

HCA Healthcare Co-Founder

We are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.