Finance Officer

Adventist Health; Sonora (CA); On-site; USD 180,000 - 320,000; Full time

Job summary

Adventist Health Sonora is seeking an executive to oversee the hospital's financial performance and lead strategic financial planning. The role collaborates with the CEO to drive net operating income, financial stewardship, and organizational goals.

The position requires substantial experience in hospital finance, leading budgets, forecasts, and cross-functional teams to optimize financial outcomes across the enterprise.

Qualifications

• Bachelor’s degree in Business, Finance or other relevant field: Required
• Master's Degree in Business Administration: Preferred
• Ten years' experience in a hospital or health care financial function including at least 5 years in a management level position: Required

Responsibilities

• Partners with the CEO as it relates to responsibility for net operating income. Ensures stewardship, financial integrity and sustainability. Works in collaboration to create and implement the strategic goals of the hospital and One Adventist Health to achieve success in fulfilling the operating commitments.
• Collaborates with the executive team to identify opportunities for greater efficiencies and reduced expenses throughout the business unit. Supports operations that seek to implement standards, policies, and procedures for financial planning and reporting that are consistent with the organization's goals and objectives.
• Leads the development of annual budgets and long-range forecasts consistent with market(s) and Adventist Health strategies and objectives. Develops and implements financial benchmarks, budgets, operating commitment goals, incentive goals, and reporting of key financial indicators to ensure accountability and on budget performance. Collaborates with system services departments of revenue cycle, real estate, managed care, finance, accounting, and other departments to optimize financial performance. Leads team-building, quality of work-life and staff development efforts within the finance functions.
• Ensures accuracy and timeliness of the financial report. Provides oversight for the review of journals, account reconciliations and new procedures to ensure financial information is captured accurately. Ensures finance team partners with facility leaders to ascertain the impact of decisions on finance and determine if any future changes need to be considered.
• Participates in industry peer groups and corporate meetings to stay informed on new regulations and related issues.
• Performs other job-related duties as assigned.

Education

Bachelor’s degree in Business, Finance or other relevant field

Master's Degree in Business Administration

Job description

Adventist Health Sonora has been one of the area's leading healthcare providers since 1900. We are comprised of a 72-bed hospital, 30 medical offices, comprehensive cancer care and a vast scope of award-winning services located throughout Tuolumne and Calaveras counties and the surrounding areas. Sonora is known for its friendly hometown charm, vast outdoor experiences and lively downtown. The allure of Sonora's close-knit community is complimented by its proximity to Yosemite National Park, as well as just a quick drive to Lake Tahoe.

Job Summary:

Assumes responsibility for the financial performance of the hospital and plays a primary role in enabling the facility to respond effectively to market requests. Oversees the development and implementation of strategies and programs that enhance and maximize the financial performance operations, consistent with the values, practices and strategic objectives of the organization. Optimizes financial position, cash flow and capital. Oversees all financial services and functions. Assumes responsibility for long- and short-term financial planning. .

Job Requirements:

Education and Work Experience:

• Bachelor’s degree in Business, Finance or other relevant field: Required
• Master's Degree in Business Administration: Preferred
• Ten years' experience in a hospital or health care financial function including at least 5 years in a management level position: Required

Licenses/Certifications:

• Certified Public Accountant (CPA): Preferred

Essential Functions:

• Partners with the CEO as it relates to responsibility for net operating income. Ensures stewardship, financial integrity and sustainability. Works in collaboration to create and implement the strategic goals of the hospital and One Adventist Health to achieve success in fulfilling the operating commitments.
• Collaborates with the executive team to identify opportunities for greater efficiencies and reduced expenses throughout the business unit. Supports operations that seek to implement standards, policies, and procedures for financial planning and reporting that are consistent with the organization's goals and objectives.
• Leads the development of annual budgets and long-range forecasts consistent with market(s) and Adventist Health strategies and objectives. Develops and implements financial benchmarks, budgets, operating commitment goals, incentive goals, and reporting of key financial indicators to ensure accountability and on budget performance. Collaborates with system services departments of revenue cycle, real estate, managed care, finance, accounting, and other departments to optimize financial performance. Leads team-building, quality of work-life and staff development efforts within the finance functions.
• Ensures accuracy and timeliness of the financial report. Provides oversight for the review of journals, account reconciliations and new procedures to ensure financial information is captured accurately. Ensures finance team partners with facility leaders to ascertain the impact of decisions on finance and determine if any future changes need to be considered.
• Participates in industry peer groups and corporate meetings to stay informed on new regulations and related issues.
• Performs other job-related duties as assigned.

Organizational Requirements:

Adventist Health is committed to the safety and wellbeing of our associates and patients. Therefore, we require that all associates receive all required vaccinations as a condition of employment and annually thereafter, where applicable. Medical and religious exemptions may apply. Adventist Health participates in E-Verify. Visit https://adventisthealth.org/careers/everify/ for more information about E-Verify. By choosing to apply, you acknowledge that you have accessed and read the E-Verify Participation and Right to Work notices and understand the contents therein.