Assistant Chief Financial Officer (ACFO) - Corsicana, TX

Community Health Systems; Corsicana (TX); On-site; USD 150,000 - 230,000; Full time

Job summary

Navarro Regional Hospital is seeking an Assistant Chief Financial Officer to support the CFO in managing accounting, budgeting, revenue cycle, and financial planning. The role focuses on sustaining fiscal health, regulatory compliance, and improving operational performance across service lines.

The position leads the financial staff, mentors finance teams, and participates in strategic planning to prepare incumbents for future advancement to a Chief Financial Officer role within the network.

Qualifications

• Bachelor's Degree required or 8+ years of direct experience in lieu.
• Master's Degree preferred.
• 4-6 years of experience in closely related field with Bachelor's degree required.
• 5-7 years of previous leadership experience preferred.

Responsibilities

• Assist the CFO in managing hospital financial operations, including accounting, budgeting, audits, tax reporting, and financial planning.
• Oversee financial performance across service lines, departments, and cost centers, identifying opportunities for improvement.
• Support the CFO in developing and implementing financial strategies that align with operational and strategic objectives.
• Assist with forecasting, productivity analysis, and long-term capital planning to ensure sustainable financial performance.
• Prepare and review monthly financial statements, variance analyses, and operational performance reports.
• Represent the Finance department in hospital and community settings, including Board of Directors meetings and leadership forums.

Skills

Leadership

Communication

Collaboration

Problem-solving

Regulatory compliance

Education

Bachelor's Degree

Master's Degree preferred

8+ years experience in lieu of degree

Tools

Google Suite

Microsoft Office

Data analysis tools

Job description

Navarro Regional Hospital is your community healthcare provider, a 162-bed licensed acute care facility with inpatient and outpatient care, diagnostic imaging, emergency department, medical and surgical care. We offer cardiac rehab, physical therapy, an outpatient surgery center, 3D mammography and a 64-slice CT scanner with the area's most current diagnostic equipment. We offer a special procedures room for interventional radiology procedures, as well as a bronchoscopy suite. We believe in the power of people to create great care. We're 51 doctors and a team of healthcare professionals strong, and we work hard every day to be a place of healing, caring and connection for patients and families in the community we call home.

Navarro Regional is a primary stroke accredited facility.

Job Summary

The Assistant Chief Financial Officer (Assistant CFO) supports the hospital's financial operations and strategic decision-making to ensure the organization's fiscal health and sustainability. This role assists the Chief Financial Officer (CFO) in overseeing accounting, budgeting, revenue cycle, and financial planning activities while maintaining compliance with regulatory requirements and corporate policies. The Assistant CFO collaborates closely with Shared Business Office partners and department leaders to enhance operational efficiency, manage expenses, and drive performance improvement. This position also serves as part of a financial leadership development pathway, preparing incumbents for future advancement to a Chief Financial Officer role within the network.

Essential Functions

• Assists the CFO in managing all aspects of hospital financial operations, including accounting, budgeting, audits, tax reporting, and financial planning.
• Oversees and evaluates financial performance across service lines, departments, and cost centers, identifying opportunities for improvement.
• Supports the CFO in developing and implementing financial strategies that align with the hospital’s operational and strategic objectives.
• Assists with forecasting, productivity analysis, and long-term capital planning to ensure sustainable financial performance.
• Participates in the preparation and review of monthly financial statements, variance analyses, and operational performance reports.
• Evaluates utilization, productivity, and expense management metrics to ensure efficient resource allocation.
• Participates in monthly hospital operation reviews and corporate meetings, presenting financial analyses and recommendations as requested.
• Represents the Finance department in hospital and community settings, including Board of Directors meetings, medical staff meetings, and community outreach initiatives.
• Mentors and develops financial staff to enhance analytical capabilities and operational awareness.
• Develops leadership, business acumen, and operational knowledge necessary to advance to a Chief Financial Officer position within the network.
• Performs other duties as assigned.
• Maintains regular and reliable attendance.
• Complies with all policies and standards.

Qualifications

• Bachelor's Degree in relevant field required or
• Eight (8) plus years of direct experience in lieu of a Bachelor's degree required
• Master's Degree preferred
• 4-6 years of experience in closely related field with Bachelor's degree required
• 5-7 years of previous leadership experience preferred

Knowledge, Skills and Abilities

• Strong leadership, organizational, and communication skills.
• Ability to collaborate with interdisciplinary teams and manage cross-functional relationships.
• Foster a positive work environment that promotes teamwork, professionalism, and continuous improvement.
• Communicate effectively with leadership, team members, and stakeholders.
• Ability to work effectively with others, delegate responsibilities, and independently manage tasks while meeting established deadlines.
• Problem-solving and critical thinking skills.
• In depth knowledge of industry best practices and regulatory compliance (if applicable).
• Strong organizational and time management skills.
• Proficiency with Google and Microsoft platforms, healthcare software systems, and data analysis tools.