Chief Financial Officer - CFO

Lubbock Heart & Surgical Hospital; Lubbock (TX); On-site; USD 120,000 - 150,000; Full time

Benefits offered by this job

Great Benefits – Medical, Vision, Dental, PTO & 401K

Individually Tailored 6-12 Week Orientation

Opportunities for Advancement

Family Atmosphere

Job summary

A healthcare institution in Lubbock, Texas, is looking for a dedicated Chief Financial Officer to oversee financial management and revenue integrity. The ideal candidate will possess 7-10 years of leadership experience in hospital finance, along with a strong understanding of healthcare compliance and financial regulations. This full-time position emphasizes team collaboration and includes a comprehensive benefits package.

Qualifications

• 7-10 years of progressive leadership experience in hospital finance.
• Experience with Health Care regulatory compliance and GAAP.
• Ability to develop and motivate staff.

Responsibilities

• Lead revenue integrity and financial management.
• Evaluate overall financial position.
• Supervise financial and accounting systems.

Skills

Leadership

Financial Management

Data Analysis

Communication

Compliance Knowledge

Team Collaboration

Judgment

Education

Bachelor’s degree in finance, accounting, or healthcare administration

Master’s degree

Tools

Excel

Job description

Overview

JOIN OUR TEAM!!! Are you looking to be one of the team? To be part of the family and not just another number? Are you looking for a positive work environment where teamwork and diversity are key?

We value your contributions. Every role in our hospital has an impact on each of our patients. We work hard to make sure our employees love their work here. Many have been with us from the very beginning. Because we’re physician-owned, we understand the value of having a well-trained, well-resourced staff. When it comes to procedural healthcare, experience matters.

Lubbock Heart & Surgical Hospital is committed to providing better outcomes for our employees!

• Great Benefits – Medical, Vision, Dental, PTO & 401K
• Individually Tailored 6-12 Week Orientation
• Opportunities for Advancement
• Career Ladder for RNs, LVNs, & CSTs
• Consumer discounts through Perks
• Family Atmosphere
• Opportunity for Multi-Unit Training
• Free CEUs through Cornerstone, our online training system

Position

We are looking for a dedicated Chief Financial Officer to join our Lubbock Heart team. Your shift will be Full Time Days.

Qualifications/Specifications

• Education: Bachelor’s degree from recognized university in field of finance, accounting, or health care administration. Master’s degree preferred
• Licensure/Certification: Certified Public Accountant/Certified Management Accountant or Certified Manager of Patient Account would be preferable, but is not required.
• Experience: 7-10 years of progressive leadership experience in the hospital finance setting is required. Must be well versed in Health Care regulatory compliance, central supply management, SOX compliance, and GAAP.
• Excel expertise required
• Ability to work individually and in a team setting is required.
• Experience developing and motivating staff, as well as an understanding of the general principles of human resources management and employment law.
• Computer proficiency and data analysis experience. Demonstrated experience in developing and overseeing large budgets and leading and implementing strategic planning initiatives.
• Proven ability to create effective working relationships with physicians, staff and Board members.
• Demonstrated leadership ability and complex organizational management skills.
• Must maintain confidentiality concerning patient personal, financial and medical information.
• Demonstrated flexibility and the ability to continually address and shift priorities, meet deadlines and work in a stressful environment.
• Excellent written and verbal skills and the ability to speak to large and diverse groups.
• Must present a professional appearance, providing a positive image of the organization to the public.
• Must exercise considerable judgment and discretion.

Understands the mission and vision of the hospital. Operates within the concept of patient focused care. Evolves into an effective team member. Maintains knowledge of and conforms to hospital policies and procedures.

Primary Duties

Financial and Revenue Leadership

• Leads the overall process of revenue integrity and financial management for the facility.
• Responsible for financial policies and procedures to enhance the safety of assets or operational efficiency.
• Responsible for development and dissemination of cash accounting, line item budgets, forecasts, models and other data. Provide feedback on the financial or statistical results of operations with suggestions for improvement.
• Evaluates overall financial position, recommends financial plans and budgets for board approval and monitors expenditures against revenue.
• Directs development and planning of financial reporting systems.
• Reviews effectiveness of financial and accounting system, policies and procedures; directs development and implementation of improvements.
• Directs financial and revenue integrity team leaders.
• Collaborates with other senior members in developing major financial plans including capital expenditure programs.
• Maintains departmental reports and records and collects statistical data for administrative and regulatory purposes.
• Supervises and coordinates the functions of reimbursements, budget, patient accounting, and general accounting, which includes general ledger accounting, accounts payable, and cashiering.
• Prepares reports outlining hospital’s financial position in all areas of assets, liabilities, income and expense, based on past, present, and planned future operations.

• Purchasing and Materials Management Leadership
• Leads the overall purchasing and materials management for the facility.
• Responsible for development of policies and procedures to enhance the purchasing power to maintain operational efficiency.
• May direct and oversee planning, practices, procedures and personnel associated with hospital’s central supply programs.

• Operations Oversight
• Recruit, hire, train, and provide organizational support for the key areas of operational responsibility
• Responsible to uncover the issues and concerns affecting efficiency, productivity or morale as it relates to those areas assigned.
• Completes employee evaluation(s) in a timely manner per company policy.

Key Relationships

• Maintains positive relationships with internal and external customers. Is effective in interacting with others and problem solving.
• Proactive in meeting customer’s needs. Responds promptly to customer needs or requests.
• Keeps President and appropriate staff members informed of problems; recommends solutions.
• Participates in education/development of peers and other staff.

Initiative

• Develops specific work plans and due dates.
• Follows through on planned assignments within assigned timeframes.
• Effectively prioritizes assignments.
• Demonstrates a willingness to accept extra assignments.
• Adjusts to change, work pressures or different situations without undue stress.
• Demonstrates skill in developing improvements in work methods.
• Effective in cost control and resource utilization.

About Lubbock Heart & Surgical Hospital

Lubbock Heart & Surgical Hospital specializes in the care of cardiac, orthopedic, nephrology, urology, and general medical patients. We are also a highly active inpatient center mainly centered on surgical procedures that include cardiothoracic, orthopedic, urology, and general surgery. We have a 24-hour Emergency Department with 5 fully equipped ED rooms, 4 fully operating OR rooms, 4 cardiac catherization labs with 1 electrophysiology room, 11-day surgery rooms, 58 acute care beds spread over three units, and 16 cardiac critical care rooms. We pride ourselves on giving the best overall care possible to our patients and on our family style atmosphere that includes everyone: patients and their families, physicians, and our employees.

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Equal Opportunity Employer. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.