CFO - ACUTE at STHS McAllen West, TX

STHS McAllen; West (TX); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive compensation

Excellent medical, dental, vision and prescription plan

Generous paid time off

401(k) retirement plan with a company match

Relocation benefits

Job summary

STHS McAllen in West, TX is looking for a Chief Financial Officer (CFO) to maximize hospital financial performance and oversee its financial reporting. Ideal candidates must have at least 10 years of progressive financial experience, particularly in a healthcare organization, and a deep understanding of GAAP and reimbursement regulations. The position offers competitive compensation and excellent benefits, including a strong retirement plan and generous paid time off.

Qualifications

• Minimum of 10 years of relevant progressive financial experience in a healthcare organization.
• Familiarity with Medicare and Medicaid regulations required.
• Ability to prepare financial statements and operating reports accurately and timely.

Responsibilities

• Maximize hospital financial performance and analyze profitability.
• Supervise the preparation of hospital’s financial reports.
• Develop employees through appropriate management practices.

Skills

Knowledge of GAAP

Financial analysis skills

Proficiency in electronic spreadsheets

Communication skills

Education

Bachelor's degree in Accounting, Finance or related field

Master's degree in Accounting, Finance or related field (preferred)

Tools

ACCESS

ECLYPSIS

Job description

CFO - ACUTE job at STHS McAllen. West, TX.

Company Overview

One of the nation’s largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. (NYSE: UHS) has built an impressive record of achievement and performance. Growing steadily since its inception into an esteemed Fortune 300 corporation, annual revenues were $15.8 billion in 2024. During the year, UHS was again recognized as one of the World’s Most Admired Companies by Fortune; and listed in Forbes ranking of America’s Largest Public Companies. Headquartered in King of Prussia, PA, UHS has approximately 99,000 employees and continues to grow through its subsidiaries. Operating acute care hospitals, behavioral health facilities, outpatient facilities and ambulary care access points, an insurance offering, a physician network and various related services located all over the U.S. States, Washington, D.C., Puerto Rico and the United Kingdom.

UHS is currently recruiting for our CFO at McAllen Medical Center (McAllen, TX). McAllen Medical Center's full service acute care facility opened in December 1985 after spending more than 50 years in downtown McAllen, Tx. as McAllen Municipal Hospital, McAllen General Hospital and McAllen Methodist Hospital. The hospital became a part of Universal Health Services, Inc. in 1985. Since 1919, when McAllen Municipal first opened its doors, the hospital has provided for the health care needs of McAllen and its neighboring cities, being the first to offer services such as open-heart surgery, one-day cardiac catheterization and magnetic resonance imaging.

Hospital Achievements

• Only Comprehensive Stroke Center in Hidalgo County
• Accredited as Cycle III Chest Pain Center
• The region’s designated Advanced Level I Trauma Center
• Service area veterans
• Bill Aston Award winner
• Rio Grande Valley Hispanic Chamber Hospital of the Year

Responsibilities

• 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.

Benefits

• 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

• 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.