Chief Financial Officer

Livingston HealthCare

Livingston (MT)

On-site

USD 180,000 - 260,000

Full time

5 days ago

Be an early applicant

A complete application in a minute

Tailored resume and cover letter, ready to send.

Get past ATS filters

Job summary

Livingston HealthCare seeks a Chief Financial Officer to lead the hospital’s financial strategy and daily operations. The CFO reports to the CEO, partners with senior leadership, and guides budgeting, revenue cycle, and capital planning to support high‑quality patient care.

The role requires a bachelor’s in accounting or finance, MBA or healthcare admin preferred, and 5+ years in senior financial management in a healthcare setting.

Qualifications

Experience managing hospital finances and financial planning.
Ability to lead senior financial teams and coordinate with executives.
Knowledge of CMS, Joint Commission, and healthcare regulations.

Responsibilities

Support CEO in strategic priorities and provide leadership within accountability area.
Develop skills and cohesion of their team; make strategic decisions.
Oversee day-to-day management and protection of financial assets and ensure regulatory compliance.
Manage financial services including budgeting, variances, and fiscal planning.
Oversee revenue cycle and monitor benchmarks for improvements.
Lead Livingston HealthCare Senior Leadership as strategic partner.
Coach, develop and evaluate staff performance.
Set financial policies and forecast capital and staffing needs.
Engage Boards in financial goals and provide regular updates.
Prepare operating and capital budgets and monitor variance.

Skills

Organizational management

Data-driven decisions

Budget management

Communication skills

Project management

Negotiation skills

Education

Bachelor’s degree in accounting, finance, or related field

Master’s degree in Healthcare Administration or MBA preferred

Job description

Job Summary

The Chief Financial officer assumes line responsibility and authority for the administrative direction, evaluation, and coordination of the functions and activities of assigned departments within the hospital to ensure operation objectives and results are in accord with overall hospital needs. The CFO functions at an executive level in an active leadership role with the hospital’s senior leadership team, medical staff leadership, and management team. Is directly responsible for managers overseeing departments and other service lines as assigned by the CEO. Is directly responsible for department leaders in establishing a measure of performance, increase productivity, quality improvement, cost controls and efficient utilization of facilities.

Job Summary

Essential Functions, Duties And Responsibilities

Responsible for supporting the CEO in the development and implementation of LHC’s strategic priorities and policies and to provide leadership and direction within her/his area of accountability to the LHC Staff.
Responsible for developing the skills and cohesiveness of their team and making strategic and operational decisions.
Overall day-to-day management and operation of LHC, protection of its financial assets, while ensuring compliance with organizational directives as well as applicable grantors, federal, state, and local regulations and global and national requirements.
Represents the CEO in the coordination of entire portions of the hospital organization, speaking and acting within the scope of objectives set forth in the practice and/or policy of the hospital in the absence of the CEO and/or as assigned.
Manages financial service functions including support of the organization’s strategic financial plan and annual budgeting process, accounting for variances, and developing/implementing appropriate fiscal planning.
Oversees the revenue cycle process and maintains ongoing assessment of revenue cycle benchmarks for process improvement purposes.
Oversees assigned departments/areas and serves on the Livingston HealthCare Senior Leadership team as a strategic partner.
Manages, coaches, develops, and evaluates performance of direct reports to ensure job performance, quality of service, and technical expertise of staff.
Guides financial decisions by establishing, monitoring, and enforcing policies and procedures.
Develops financial strategies by forecasting capital, facilities, and staff requirements, identifying monetary resources, and developing action plans.
Engages Boards and other leadership in the development of financial goals and targets and provides regular updates with recommendations on keeping financial performance on track.
Oversees the development of the budget, ensuring an inclusive process where leadership and managers are involved in setting the operational targets that lead to the financial targets.
Prepares and administers the department’s annual operating and capital budget within financial expectations, accounts for variance.
Recruits, develops, retains, and leads an appropriate number of personnel to meet department needs and the goals and objectives of Livingston HealthCare.
Develops and maintains organizational policies and procedures to ensure adherence to professional and legal standards, quality of service, fiscal control, and customer relations.
Adheres to administrative policies and procedures relating to human resource management.

Drives Operations By

Directing effective operations to drive to organization in the pillars of patient care, Quality, people, finance, and the community.
Ensuring the consistent and effective execution of key systems and processes that make effective use of organizational resources,
Leading a team or unit to enhance product or service quality; driving the business toward enhance product or service quality.
Creating a work environment in which employees are committed to their organization and the community to collaboratively execute business strategies.
Building strategic alliances and partnerships within the organization and the community to collaboratively execute business strategies.
Creating an environment in which products and processes are designed to ensure patient satisfaction; effectively incorporating patient perspectives in all business activities.
Contributing to the development of the organization’s strategic goals and objectives as well as the overall management of the organization.

Knowledge, Skills, Abilities, And Behaviors

Demonstrated experience in organizational management with an effective track record in coaching, developing, and managing effective teams.
Effectively use of data to drive business decisions and operations.
Experience developing and managing budgets to achieve financial goals.
Strong listening skills, critical thinking skills and the ability to get to the heart of a matter.
Strong written and verbal communication skills.
Experience presenting to BODs, committees and the community.
Effective project management skills.
Situational critical thinking to present ideas and resolve issues.
Ability to make clear and concise decisions weighing all factors.
Current knowledge of CMS and or the Joint Commission, State, and Federal guidelines, regulations and standards.
Demonstrated expertise in negotiation, coaching and interpersonal skills.
Skill in communicating information in an open and sincere manner that promotes credibility (e.g. honest answers to tough questions).
Skill in recognizing strategic business opportunities resulting from changes in the economic, technological, political/legal, or social environments.
Demonstrates ability to coach and develop employees.

Other Functions, Duties And Responsibilities Of All Employees

Supports and models individual behavior consistent with the Standards of Excellence and the mission, vision and values of Livingston HealthCare.
Demonstrates commitment to customer service by:
- Building effective working relationships and treating others with respect
- Interacting with customers (Patients, co-workers and visitors) in a warm and friendly way.
- Taking immediate action to meet customers’ needs or requests.
- Attentive to each customer concern.
Demonstrates and encourages an ethic of open and effective communication and teamwork throughout the organization
Adheres to Livingston HealthCare’s Code of Conduct and Livingston HealthCare and departmental compliance policies.

The above statements reflect the general duties considered necessary to describe the principal functions of the job as identified and shall not be considered as a detailed description of all the work requirements which may be inherent in the position.

QUALIFICATIONS (Required)