Chief Financial Officer (CFO)

Lifepoint Health®; Richlands (VA); On-site; USD 180,000 - 240,000; Full time

Benefits offered by this job

401k

flexible PTO

generous EIB

medical

dental

vision

tuition reimbursement

Employee Assistance Program

Job summary

Lifepoint Health has an opportunity for a Chief Financial Officer overseeing Clinch Valley Medical Center in Richlands, Virginia. The CFO will lead financial departments and ensure fiscal responsibility for the hospital.

The role emphasizes cost management, budgeting, regulatory reporting, and cross-functional leadership. Requires CPA or Master's degree and at least 3 years of CFO-level experience in an acute-care setting within a hospital network.

Qualifications

• Bachelor's Degree in Accounting or Finance required.
• CPA or Master's Degree strongly preferred.
• Minimum 3 years of CFO-level experience in an acute-care hospital.

Responsibilities

• Administers general accounting and financial reporting for the hospital.
• Prepares cash flow analyses and budget variance analyses.
• Directs internal financial reports including annual audit work papers.
• Assists CEO in long- and short-range operating and capital plans.
• Monitors financial performance and identifies cost reduction opportunities.

Skills

Leadership

Financial leadership

Team management

Education

Bachelor's Degree in Accounting or Finance

CPA or Master's Degree

Job description

Lifepoint Health has an opportunity for a Chief Financial Officer. The CFO will have oversight of Clinch Valley Health located in Richlands, Virginia.

Clinch Valley Medical Center is a 175-bed acute care hospital with a growing integrated network of care that offers many services for our community all close to home.

Today, our unwavering commitment to our patients ranks us as one of the top hospitals in Virginia and the nation for quality of care - including patient safety and health outcomes.

The Chief Financial Officer provides leadership and direction to all financial departments for the overall fiscal responsibility of the hospital.

Other Duties Include

• Administers the general accounting, patient business services, including third party reimbursement, financial, and statistical reporting functions of the hospital in accordance with established policies and accounting procedures.
• Provides formal or informal direction in data processing, distributed systems, material management and medical records functions.
• Trains subordinates on the above areas and monitors performance to ensure fiscal responsibilities are fulfilled.
• Assists the CEO in the development of long and short-range hospital operations plans that may include service demand analyses, resources availability analyses and cost benefit analyses of proposed capital and staff expansions.
• Develops long and short-range operational and capital budgets, which are supported by the hospitals long and short range plans and objectives.
• Prepares cash flow analyses and budget variance analyses.
• Recommends budget modifications as required. Assists managers in the development of departmental budgets.
• Monitors, interprets and analyzes hospital financial performance in realizing established plans and objectives of the hospital.
• Identifies and reports undesirable trends and potential business opportunities and makes recommendations for action.
• Directs the preparation of internal financial reports including work papers for annual financial audit.
• Assures the timely and accurate preparation of financial reports and assures that the reports reliably reflect the financial position of the hospital.
• Assumes a lead role in analyzing and exploring means of reducing hospital operating costs and increasing revenues based on knowledge of market trends, financial reports and operating procedures.
• Responsible for direction and submission on a timely basis all financial data associated reports required by government and other regulated agencies including payroll tax reports, public disclosure reports and third party payor cost reports.

Education

• Bachelor's Degree in Accounting or Finance and the knowledge of generally accepted accounting principles, and verbal, interpersonal and quantitative skills normally acquired through completion of this degree is required.
• CPA or Master's Degree strongly preferred.

Experience

• A minimum of 3 years of experience working at the CFO level in an acute-care hospital is required.
• Minimum of three years of progressive management experience in an investor-owned healthcare organization required.
• Must be a strong, hands-on and approachable leader who understands the value of being a team-player and have an outgoing and friendly personality.
• Must understand how to motivate and inspire staff to achieve optimal results, while keeping employee satisfaction high.

Benefits

At LifePoint, our Mission of Making Communities Healthier extends to our employees. We offer an excellent total compensation package, including a competitive salary and benefits.

• 401k
• flexible PTO
• generous EIB
• medical
• dental
• vision
• tuition reimbursement
• Employee Assistance Program