Join to apply for the Chief Financial Officer role at Bay Area Hospital 5 days ago Be among the first 25 applicants Join to apply for the Chief Financial Officer role at Bay Area Hospital Maximum Depending on Experience(This represents the rate for an individual with significant experience in this job in a full-time 40 hour per week position) Quick Submit Time Type Full time Hours Per Pay Period 80 Shift Day Shift Minimum Depending on Experience Maximum Depending on Experience(This represents the rate for an individual with significant experience in this job in a full-time 40 hour per week position) Department Bay Area Hospital Current Bay Area Hospital Employee: If you are a current Bay Area Hospital employee, please apply through the Workday internal career site. The future looks bright at Bay Area Hospital, and we are always searching for quality people to join our team. We offer a great atmosphere, competitive pay, a wide array of benefits, and many growth opportunities for our employees. Job Description Chief Financial Officer To manage the operations of the finance division Principle Duties And Responsibilities Works closely with the President/Chief Executive Officer, Executive Team, and the entire hospital staff to help fiscally improve the organization Prepares current and comparative analysis reports and statements reflecting variations in cost and revenues, and financial condition of the hospital by analyzing net income, expenses, and profit/loss for each hospital department, based on factors such as patient revenue, material and supply costs, and staff salaries and wages Evaluates contract proposals from outside vendors and managed care companies to analyze the financial impact on the hospital and to ensure the future viability of the organization Prepares special analytical, statistical and financial studies to support long range planning, and investigation and appraisal of major equipment purchases and hospital expansion or remodel Directs and coordinates activities concerning financial administration, general accounting, financial analysis, business services, revenue cycle, materials management, reimbursement, health information management, facilities, biomed, environmental and food services Works with investment managers to follow ORS regulations and choose appropriate investments Participates in labor negotiations and labor disputes Directs preparation of Hospital budgets by establishing policies and procedures for the preparation of department budgets, and coordinating compilations into the hospital budget Obtains funding for large projects Coordinates insurance policies so that assets are properly insured against loss or damage. Develops and maintains appropriate cash flow projections and controls, continually reviewing the cash position and ensures that adequate funds are available to meet outstanding and planned commitments Directs preparation of cost reimbursement reports to government and private third party agencies to ensure that the hospital is in compliance with the financial requirements of all regulatory agencies while receiving the appropriate reimbursements Attends workshops, seminars and maintains program of self-study to learn of current developments in financial areas and pending government regulatory changes Participates in the analysis of employee benefit plans and wage increases to determine current and future cost impacts SKILLS AND ABILITIES And COMPENTECIES Collaboration Understands the importance of relationships to enabling effective teamwork. Modifies personal style, focusing on the needs of others, and listens effectively to ensure effective outcomes for group endeavors. Leading Others Acts in a leadership position to achieve desired results by inspiring trust in others, providing clear direction and effectively attracting and deploying talent. Developmental Leadership Actively encouraged others to reach their highest level of effectiveness as individuals and as teams. Seeks out developmental opportunities for self and for others. Communication Interacts with others through verbal and non-verbal means to present information in an engaging and understandable manner. The use of listening and other attending behaviors to gain a shared understanding of the topic at hand. Vision + Strategy Defines and creates a compelling vision for the future and the implementation of strategies necessary for success. Decision Making Makes high quality decisions in a timely manner, usually with less data and analysis than might be desired. Results Focus Takes a dynamic approach to work characterized by initiating decisions and actions. Concentrates on achieving the outcomes of a process or project while adhering to the overall strategy of the organization. Creates a culture of accountability and performance. Collaboration Understands the importance of relationships to enabling effective teamwork. Modifies personal style, focusing on the needs of others, and listens effectively to ensure effective outcomes for group endeavors.
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