Healthcare CFO: Growth & Strategy Leader

Universal Health Services; Savannah (GA); Hybrid; USD 130,000 - 180,000; Full time

Benefits offered by this job

Relocation benefits

Bonus opportunity

Stock options

401k plan with company match

Generous paid time off

Medical, dental, vision benefits

Job summary

Universal Health Services, Inc. seeks a Chief Financial Officer in Savannah, GA to oversee accounts receivable, cash flow, and hospital profitability. You will coordinate with Executive leadership to improve reimbursement, monitor costs, and ensure accurate monthly financial statements.

The role requires deep knowledge of healthcare finance, tax regulations, and internal controls, with experience guiding hospital-wide financial operations and vendor negotiations.

Qualifications

• Minimum of 5 years of experience in a financial leadership role in a healthcare setting.
• Bachelor’s degree required; Master’s degree preferred
• Strong knowledge of hospital financial operations and regulatory requirements

Responsibilities

• Monitor and control accounts receivables and cash collection.
• Improve hospital profitability by managing costs and payer mix.
• Prepare monthly financial statements and variance analyses.
• Develop policies and procedures to ensure cash flow and cost efficiency.

Skills

Financial leadership

Healthcare accounting

Financial analysis

Education

Bachelor’s degree

Master’s degree preferred

Tools

Excel

Proprietary databases

Accounting software

Job description

Responsibilities

Coastal Harbor Health System offers compassionate care when you or your loved ones need it most. Our two facilities, Coastal Behavioral Health and Coastal Harbor Treatment Center, are conveniently located in Savannah, Georgia, but we accept patients from many states across the country.
Coastal Behavioral Health serves men and women, ages 18 and up, with high quality, affordable mental health services. Our team of psychiatric nurses, certified addiction counselors, discharge planners, recreational therapists and psychiatrists specializing in adult psychiatry and addiction medicine are here to help, and we offer both outpatient and acute inpatient programs to address the varying treatment needs. Our 50-bed acute inpatient hospital is designed to help those in crisis who may need a secure environment in which to begin their recovery.

Coastal Harbor Treatment Center is a 114-bed youth treatment facility serving children and adolescents, ages 4 to 17, with short-term or long-term inpatient care to cope with crisis situations or ongoing behavioral, mental or emotional difficulties. For some, growing up can be a challenge, and when it becomes unmanageable, the experts at Coastal Harbor Treatment Center are here to help. We also provide therapeutic foster care placement for children in need of short-term care from a loving family.

Much more online at: www.coastalharbor.com

The Chief Financial Officer:

• Monitors and controls accounts receivables. Closely oversees Business Office functions to ensure cash collection goals are met, and net revenue is properly stated. Facilitates weekly A/R meeting with CEO and Business Office Manager to communicate results and monitor areas of weakness. Monitors and affects as needed relationship between Business Office, Intake and Utilization Review departments to maximize patient revenue.
• Improves the profitability of the hospital. Continually monitors costs in all areas, especially staffing as it relates to patient volume. Continually monitors payor mix and length of stay to maximize reimbursement. Assists in negotiation of contract terms with third party payers. Prepares pro-forma analysis of new program, contracts, etc. to determine estimated outcome. Monitors and evaluates success/failure of implemented program including physician arrangements.
• Develops policies and procedures. Develops and monitors policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced hospital operating costs, and increased revenues.
• Prepares monthly financial statements, financial packages, and other informational reports/analyses. Through account analysis, variance analysis, journal entries, and internal controls, prepares detailed financial statements to accurately reflect the monthly operating results.
• Provides required reporting. Provides reconciliations, account analyses, and other information for Reimbursement Department, Tax Department, Auditors, etc., to aid in preparation of reports.
• Prepares annual budget in conjunction with UHS standards. In cooperation with management and department heads, reviews prior financial results and discusses anticipated changes to highlight future needs and trends of the facility. Tailor’s hospital needs to UHS objectives.
• Performs other duties as assigned/required.

Qualifications

Minimum of 5 years of experience in a financial leadership role in a healthcare setting.
•Minimum education requirement of a bachelor’s degree. Master's degree preferred
•Must possess a working knowledge of hospital financial operations, federal and local tax regulations; knowledge of all business office, accounting, payroll and other administrative office operations including all processes from registration through discharge.
Must be skilled at interpreting financial analysis and performance information; preparing schedules and reports, using source data and compiling reports from others’ schedules; using electronic spreadsheets and ability to manipulate data within proprietary and acquired databases.
• 2% Travel

This opportunity offers the following:
•Challenging and rewarding work environment
•Growth and Development Opportunities within UHS and its Subsidiaries
•Competitive Compensation
•Excellent Medical, Dental, Vision and Prescription Drug Plan
•401k plan with company match
•Generous Paid Time Off
•Relocation benefits
•Bonus opportunity
•UHS Stock opportunity

About Universal Health Services
Headquartered in King of Prussia, PA, Universal Health Services, Inc. (NYSE: UHS) is one of the nation’s largest and most respected providers of hospital and healthcare services. Since our founding in 1979, UHS has grown steadily into a premier Fortune 500® corporation perennially recognized by multiple esteemed national rating entities. Through its subsidiaries, UHS operates inpatient acute care facilities, inpatient behavioral health facilities, outpatient and other facilities, nationwide virtual behavioral health services, an insurance offering, a physician network and various related services with physical locations in the U.S., Puerto Rico, Ireland and United Kingdom. www.uhs.com.
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EEO Statement
All UHS subsidiaries are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates. UHS subsidiaries are equal opportunity employers and as such, openly support and fully commit to recruitment, selection, placement, promotion and compensation of individuals without regard to race, color, religion, age, sex (including pregnancy, gender identity, and sexual orientation), genetic information, national origin, disability status, protected veteran status or any other characteristic protected by federal, state or local laws.





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