CFO Academic Hospital

Socket.dev; Tucson (AZ); On-site; USD 230,000 - 320,000; Full time

Job summary

Banner Health in Tucson, Arizona seeks a senior financial leader to oversee financial activities, budgeting and reporting at Banner - University Medical Center Tucson. The role drives strategic financial programs, service line evaluation, and operational performance with a patient-centered focus.

The CFO will mentor finance staff, ensure compliance, and foster collaboration across departments to support fiscal responsibility and high-quality patient care.

Qualifications

• Bachelor's Degree in Business, Accounting, Finance or related field.
• Minimum of five years of progressively responsible financial leadership experience.
• Ability to communicate effectively in writing and orally; strong analytical and negotiation skills.

Responsibilities

• Provide leadership in achieving financial and operational performance objectives.
• Evaluate growth/opportunities and strategic programs and service lines.
• Mentor finance staff and promote workforce development.
• Lead staff with a focus on quality improvement, patient safety, and service excellence.
• Drive process improvements and leverage technology to streamline operations.
• Coordinate with leaders and stakeholders to support sound business decisions.

Skills

Financial leadership

Strategic thinking

Communication

Education

Bachelor's Degree in Business/Accounting/Finance

Master's Degree (preferred)

Job description

Primary City/State:

Tucson, Arizona

Department Name:

Admin-Hosp

Work Shift:

Day

Job Category:

Finance

Help lead health care into the future. Make real change in health care with the freedom to innovate and highly trained staff to execute your vision. Your pay and benefits are important components of your journey at Banner Health. This opportunity includes the option to participate in a variety of health, financial, and security benefits. In addition, this position may be eligible for our Management Incentive Program as part of your Total Rewards package. Banner - University Medical Center Tucson is nationally recognized for providing exceptional patient care, teaching future health-care professionals and conducting groundbreaking research. Also located on the campus is Diamond Children's - recognized for its specialized pediatric services including neonatal and intensive care, emergency medicine and cancer therapies. Banner - University Medical Center Tucson is a Level 1 Trauma Center, meaning we care for the most critically injured patients. The hospital is consistently listed among the nation's top hospitals in the prestigious Best Hospitals ranking by U.S. News & World Report. The academic medical center has earned Magnet Recognition becoming the only hospital in southern Arizona to meet the rigorous standards of the American Nurses Credentialing Center’s Magnet Recognition Program® for nursing excellence. The hospital's physicians are full-time faculty of the University of Arizona College of Medicine - Tucson. Our specialty services include comprehensive heart and cancer care, advanced neuroscience techniques and a multi-organ transplant program.

POSITION SUMMARY

This position has overall accountability for providing leadership, direction, and administration of financial activities, including accounting, financial systems and control, compliance, financial analysis, budgeting, and reporting at assigned facility/entity. This position also participates in and/or leads various system level work around service lines, revenue integrity, discipline teams, etc. This position oversees financial decision-making and serves as a member of the facility/entity senior leadership team. This position is also responsible for driving, supporting and modeling a service-oriented culture focused on employee engagement, quality, patient safety, service excellence, fiscal responsibility and the overall patient experience.

CORE FUNCTIONS

• 1. Provides leadership in the achievement of financial and operational performance objectives and expectations including revenue growth, operational margin targets, effective expense management and overall efficiency measures. This includes the use of analytical processes to assure the achievement of initiatives and the implementation of performance improvement opportunities in the areas of operational performance, clinical excellence, patient satisfaction and employee engagement.
• 2. Provides leadership in evaluation and assessment of growth and operational initiatives as well as the evaluation, development and implementation of strategic programs and service lines, capital acquisition (including campus planning and future expansion) and technological investment. This includes the evaluation and assessment on future facility operations to ensure strong financial and operating outcomes.
• 3. Supports the achievement of performance goals, defining accountabilities and providing advancement opportunities for future leaders. This includes the role of mentor for finance staff as well as increasing financial understanding throughout the facility in order to provide a framework for sound business decisions.
• 4. Provides leadership, supervision, guidance and development for staff, articulating and demonstrating an expectation for continuous quality improvement, as well as continually supporting and exhibiting company values and service standards. Identifies and provides growth opportunities for staff.
• 5. Drives process improvements focused on innovative care delivery and/or operational models designed to improve clinical services, outcomes, patient throughput, and patient safety. Promotes a patient-centered, healing environment. Promotes the use and implementation of technology in the workplace in order to streamline operations, facilitate communications, and optimize work processes.
• 6. Ensures and fosters a high level of collaboration within a highly-matrixed team environment in order to coordinate activities, review work, exchange information, and resolve problems. Champions, models, and promotes service excellence philosophies and behaviors at the facility, regional, and system levels to enhance the overall patient experience.
• 7. Functions as an integral member of facility/entity operations, serving in an advisory capacity to applicable staff. In collaboration with leadership team members, directs and provides oversight regarding the strategic development, implementation, and maintenance of strong, comprehensive clinical and/or operational services and programs that meet system-wide organizational growth initiatives and the needs of patient populations in the community. Fosters the development and implementation of workforce initiatives effectively. Leads and influences change at the facility, regional, and/or system levels.
• 8. This position is responsible for the overall financial and operational performance, compliance and viability of the facility, including the development of short-term and long-term business strategies, the deployment of effective resource utilization, the ability to make sound business decisions and a complete understanding of operations. This position is responsible for coordinating services with other administrators, internal legal counsel, executives, and other staff. Customers of this position are both internal and external, including leadership, staff, medical staff, regulatory agencies, and the community.

MINIMUM QUALIFICATIONS

Strong knowledge and understanding of business and financial healthcare as normally obtained through the completion of a Bachelor’s Degree in Business, Accounting, Finance or other related degree.

Must possess a strong knowledge and understanding of financial operations as normally demonstrated through a minimum of five years of progressively responsible financial leadership experience. Demonstrated ability to provide leadership in a way that reinforces the organization’s mission, vision and values. Capable of providing leadership which displays a positive attitude and flexibility in changing situations, participates in identifying problems and suggesting solutions through partnering with both facility and system leaders. Must demonstrate the ability to communicate effectively through written and oral presentations in a way that engenders understanding and trust. Demonstrates analytical, problem solving and negotiation skills.

PREFERRED QUALIFICATIONS

Master's Degree and prior experience working as a CFO in an integrated delivery system or medical center preferred. Membership in industry organizations or other credentials that show ability to network and obtain peer acceptance. Additional related healthcare finance education and/or experience preferred.

Additional related education and/or experience preferred.

EEO Statement:

Our organization supports a drug-free work environment.

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