CFO - ACUTE

Palmdale Regional Medical Center

Palmdale (CA)

On-site

USD 170,000 - 210,000

Full time

3 days ago
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Benefits offered by this job

Competitive compensation
Medical, dental, vision
401(k) match
Relocation benefits
Paid time off
Challenging work environment

Job summary

Universal Health Services, Inc. (UHS) is recruiting for a Chief Financial Officer at Palmdale Regional Medical Center in Palmdale, CA.

The CFO will drive financial strategy, oversee accounting, and lead reporting for a 190-bed acute care facility with a 24/7 emergency department and wound care center. The ideal candidate holds a Bachelor's in Accounting or Finance with 10+ years in healthcare finance; a Master’s degree is preferred.

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field; minimum 10 years of progressive financial experience, preferably in healthcare.
  • Master's degree preferred with minimum 8 years of progressive healthcare financial experience.

Responsibilities

  • Maximize hospital financial performance and analyze profitability of operations; act as a change agent to reduce expenses and variation.
  • Supervise hospital financial reporting processes and prepare operating profit/loss statements.
  • Prepare federal, state, hospital association, third-party, and other required financial reports on time.
  • Develop employees through management practices to motivate high performance and build commitment.

Skills

GAAP knowledge
Medicare/Medicaid regulations
Tax regulations (federal/state/local)
Financial reporting
Budgeting & cost control

Education

Bachelor's degree in Accounting or Finance
Master's degree in Accounting or Finance (preferred)

Tools

ACCESS
ECLYPSIS

Job description

Responsibilities

One of the nation’s largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. (UHS) has built an impressive record of achievement and performance. Growing steadily since itsinceptioninto an esteemed Fortune 500®corporation, annualrevenuesduring2025were$17.4billion.In 2026,UHS was again recognized as one of Fortune World’s Most Admired Companies™ and in 2025, waslisted in Forbes ranking of America’s Largest Public Companies. Headquarteredin King of Prussia, PA, UHS has approximately101,500employeesand continues to grow through its subsidiaries. Operating acute care hospitals, behavioral health facilities, outpatient facilities and ambulatory care access points, an insurance offering, a physiciannetworkand various related serviceslocatedin 40U.S.states, Washington, D.C., PuertoRicoand the United Kingdom.Foradditionalinformationvisit www.uhs.com.

UHS is currently recruiting for our CFO at Palmdale Regional Medical Center located in Palmdale, CA. Palmdale Regional Medical Center serves the region by providing high quality medical services to residents and surrounding communities. The hospital features 190 licensed acute care beds, inpatient and outpatient surgery, cardiac services featuring a STEMI Receiving Center (heart attack), and a 35-bed 24-hour emergency department. The Center for Wound Care provides treatment for people with chronic non-healing wounds. This comprehensive wound-healing service includes hyperbaric oxygen therapy. More than 400 physicians are on the medical staff at Palmdale Regional Medical Center and they have around 900 employees.

The CFO job responsibilities will include:

  • Maximize hospital financial performance. Analyze the profitability of existing hospital operations, product lines, contractual agreements, etc., making recommendations when appropriate for improvement. Act as a change agent to reduce expenses and reduce variation in organization/process/procedures. Metric-focused to target overall hospital improvement in operations and finance.
  • Participate in the hospital financial reporting process. Supervise the preparation of reports outlining hospital’s financial position and operating profit and loss statement.
  • Participate in the preparation and timely filing of federal, state, hospital association, third party, and other financial reports as required.
  • Develop employees through appropriate management practices, creates a hospital climate to motivate employees to highest performance. Establish direction, coaches employees, provides feedback, and builds commitment.

This opportunity offers the following:

  • Competitive compensation
  • Excellent medical, dental vision and prescription plan
  • Generous paid time off
  • Challenging and rewarding work environment
  • 401(k) retirement plan with a company match
  • Relocation benefits
Qualifications

Job Requirements:

  • To be considered for this role, you must possess a working knowledge of GAAP, Medicare and Medicaid regulations, and federal and local tax regulations; knowledge of all business office and other administrative office operations including all processes from registration (pre-registration) through discharge and terminal resolution of the patient bill; knowledge of managed care and other payer processes and agreements, including specific terms for negotiation are required; knowledge of all accounting processes including accounts payable, payroll and general accounting and effective ability to prepare financial statements and operating reports that accurately and timely reflect the entity’s performance.
  • Must be skilled at interpreting the abstract pieces of financial analysis and performance; preparing schedules and reports, using source data and compiling reports from others’ schedules; skill in use of electronic spreadsheets and ability to manipulate data within proprietary and acquired data bases, using ACCESS, ECLYPSIS, or other databases; adept at skillfully communicating ideas and facts, packaging information and concepts in a way that increases understanding by others.
  • You must possess a Bachelor's degree in Accounting, Finance, or other closely-related field and a minimum of 10 years of relevant progressive financial experience, preferably with a healthcare organization. A Master's degree in Accounting, Finance, or other closely-related field is preferred with a minimum of 8 years of progressive financial experience required (healthcare organization strongly preferred).
EEO Statement

All UHS subsidiaries are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates. UHS subsidiaries are equal opportunity employers and as such, openly support and fully commit to recruitment, selection, placement, promotion and compensation of individuals without regard to race, color, religion, age, sex (including pregnancy, gender identity, and sexual orientation), genetic information, national origin, disability status, protected veteran status or any other characteristic protected by federal, state or local laws.

We believe that diversity and inclusion among our teammates is critical to our success.

Notice

At UHS and all subsidiaries, our Human Resources departments and recruiters are here to help prospective candidates with matching skillset and experience with the best possible career at UHS and our subsidiaries. We take pride in creating a highly efficient and best in class candidate experience. During the recruitment process, no recruiter or employee will request financial or personal information (Social Security Number, credit card or bank information, etc.) from you via email. The recruiters will not email you from a public webmail client like Hotmail, Gmail, Yahoo Mail etc. If you feel suspicious of a job posting or job-related email, let us know by contacting us at: https://uhs.alertline.com or 1-800-852-3449

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