Chief Financial Officer - CFO

Quorum Health

Alpine (TX)

On-site

USD 180,000 - 250,000

Full time

8 days ago
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Benefits offered by this job

Competitive salary
Healthcare coverage
Retirement savings plan
Paid time off
Student loan repayment

Job summary

Big Bend Regional Medical Center in Alpine, Texas seeks a Chief Financial Officer to lead the hospital's financial operations, budgeting, audits, and regulatory compliance. The CFO will provide strategic financial oversight and partner with executive leadership to drive profitability and sustainable growth for the community hospital.

The role requires senior financial leadership experience in acute care, with strong expertise in cash flow management, revenue cycle, and governance.

Qualifications

  • Bachelor's degree in accounting or finance; Master’s preferred.
  • CPA certification is preferred.
  • Experience at CFO level or equivalent in acute care.

Responsibilities

  • Oversee all financial operations of the acute-care facility, including accounting, budgeting, audits, tax and related planning.
  • Partner with system management to develop policies, short- and long-range goals and plans.
  • Provide financial leadership to hospital management to drive ownership of goals and informed decisions.
  • Ensure regulatory compliance and financial reporting accuracy.
  • Advise on new services for revenue growth and profitability.
  • Manage costs with data-driven opportunities and cost elimination in collaboration with the CEO and CIO.
  • Represent the hospital at medical staff and board meetings and at community events.
  • Lead department budgeting, approvals, and staff evaluations.

Skills

Relationship building
Change management
Financial planning
Revenue cycle knowledge
Verbal skills
Confidential information handling
Budgeting and expense approvals

Education

Bachelor's in accounting or finance
Master's degree preferred
CPA preferred

Job description

Chief Financial Officer - CFO

Big Bend Regional Medical Center - Alpine, Texas

Big Bend Regional Medical Center is your community medical provider, serving the Big Bend region of Texas and its residents with emergency, laboratory, women’s and surgical services. We are your family, friends and neighbors, and we work with and for our community to provide quality healthcare that fits your life and lifestyle.

General Summary

As a member of the Hospital's senior management team, the Chief Financial Officer (CFO) will participate in the financial and functional decision-making processes necessary for the successful attainment of the hospital's mission in addition to maintaining an awareness of changes in healthcare matters that could have an impact on the success of the hospital.

Duties And Responsibilities
  • Overall financial operations of the acute-care facility including accounting, budgetary, audits, tax and other financial planning activities within the hospital organization, including management of respective department heads
  • Working with system management to develop and implement policies and procedures, short- and long-range goals, objectives and plans
  • Providing financial leadership to hospital managers, directors and officers that will enroll support, create ownership of goals, and encourage active participate in decisions that impact the hospital
  • Ensuring the hospital meets necessary financial regulatory and compliance requirements
  • Contributing financial expertise in the planning of new services that generate additional sources of profitable revenue
  • Managing costs by continually seeking data that will identify opportunities and take action to eliminate nonvalue costs in conjunction with the hospital's Chief Executive Officer and Chief Nursing Officer
  • Analyzing areas in planning, promoting and conducting organization-wide performance improvement activities
  • Representing the hospital at meetings including medical staff, hospital board of director meetings as well as relevant community meetings as needed
  • Participating in the hospital's monthly operation reviews as well as participating in corporate office meetings as deemed necessary
  • Responsible for the administrative aspects of leading the department/team to include budgeting, time approvals, staff evaluations and expense approvals
  • Other duties as required
Knowledge, Skills And Abilities
  • Ability to establish and maintain effective working relationships with hospital staff and community
  • Demonstrated ability to cope with and manage change, maintain relationships with emotional maturity and self-motivation
  • Experience to include strategic oversight with an emphasis on financial reporting analysis and cash flow management
  • Revenue cycle knowledge and problem-solving skills
  • Excellent verbal and listening skills
  • Ability to maintain confidential information concerning personal, financial or medical matters
  • Responsible for the administrative aspects of leading the department/ team to include budgeting, time approvals, staff evaluations and expense approvals
Work Experience, Education And Certifications
  • Bachelor's degree in accounting or finance from an accredited institution - Master's degree preferred
  • Previous CFO level or equivalent experience within an acute care environment required
  • 5+ years financial/accounting progressive managerial experience in acute-care environment required
  • Critical access hospital experience preferred
  • Previous experience with a proprietary healthcare system highly preferred
  • Must be proficient in written and verbal communication skills
  • CPA preferred
Benefits
  • Competitive salary and benefits package.
  • Opportunities for professional development and advancement.
  • Supportive work environment with a collaborative team.
  • Comprehensive healthcare coverage.
  • Retirement savings plan.
  • Paid time off and flexible scheduling options.
  • Student loan repayment program.
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