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Chief Financial Officer, Union County General Hospital

Community Hospital Corporation

Clayton, new mexico


Job Details

Full-time

7/24/2024


Full Job Description

The CFO at Union County General Hospital in Clayton, NM will follow the direction of the Chief Executive Officer, Hospital Board of Directors and CHC’s Senior Vice President of Hospital Financial Operations. The CFO is responsible for providing leadership and oversight of the overall financial planning and financial operations of the hospital while ensuring compliance with the hospital’s mission, vision, values, goals, strategic direction, and applicable laws and regulations. 

  • S/he appraises the organization's financial position and issues periodic financial and operating reports. 
  • Directs the hospital's financial planning, revenue cycle, payroll, and accounting practices, oversees and directs treasury, budgeting, audit, tax, purchasing and real estate.
  • Develops and implements policies and procedures to include safeguarding of assets and adherence to generally accepted accounting principles. 
  • Ensures proper accountability and reporting to federal and state agencies and all matters pertinent to a fiscally responsible flow of operations. 
  • S/he assures the implementation and adherence to CHC system-wide financial policies and procedures.
  • Maintains productive relationships with lending institutions, the financial community, Community Hospital Corporation, medical staff, employees, volunteers, community representatives and board members as appropriate.
  • S/He will supervise the Business Office, Medical Records, Information Technology and Materials Management/Purchasing.

Major Responsibilities

  • Supports the mission of the hospital.
  • Assures hospital compliance with federal, state and local government laws and regulations, accrediting agency standards ad hospital policies and procedures rules and regulations. 
  • Participates in the development of the facility’s strategic plan and short and long-term objectives which will ensure the continued growth of the facility and the provision of necessary services to the community; implementing plans and programs as approved by the governing board. 
  • Operations Management:  Collects and analyzes data from internal and external sources regarding current way of doing business, finance, accounting, information management and related processes.  Conducts needs analysis, identifies and prioritizes needs, applies good problem solving skills.  Identifies alternate processes and potential solutions and acts to implement changes to improve financial operations.
  • Safety and Quality of Care:  Leads and maintains a culture of safety and quality including a safe functional environment.  Provides opportunities for all who work in the hospital to identify safety and/or quality issues, bring issues to management’s attention, and participate in safety and quality initiatives and planning.  
  • Financial Management:  Participates in the preparation and management of sound operating, project and capital budgets.  Ensures the effective use of risk management, financial controls, productivity measures, reimbursement principles and contracting.  Meets budget-critical financial metrics.  Effectively negotiates third-party contracts. Provides stewardship of all financial and physical resources.

General Duties

  • Is actively committed to meeting and/or exceeding physician expectations/satisfaction in the performance of job functions.
  • Is actively committed to meeting and/or exceeding employee expectations/satisfaction in the performance of job functions.
  • Retains all hospital accreditations, licensures and designations in good standing.
  • Maintains compliance with all laws and applicable regulatory requirements.  Acts promptly to comply with required changes.

Requirements

Requires BS/BA degree in finance, accounting, business or a related discipline. A graduate level degree and/or CPA designation is preferred.

Prior Experience:

  • This position requires at least 5 -7 years of progressive career experience in Hospital Finance/Accounting. 
  • Hospital Controller or CFO experience is required. 
  • Requires managerial experience and demonstrated understanding and experience with hospital financial reporting, revenue cycle management, accounting, budgeting, accounts payable, treasury, audit, tax, payroll, information technology and materials management.

Skills:

  • Knowledge of hospital and health care practices and procedures as well as laws, regulations, and guidelines pertaining to health care finance.
  • Knowledge of financial management, accounting systems, treasury practices, risk management, financial controls, productivity measures, risk management, reimbursement principles, management care contracting, information management, and materials management.
  • Knowledge of and demonstrated skill in leadership, strategic management, change management, communications, team building, continuous quality improvement, problem solving, decision-making, innovation, and stewardship of resources.
  • Possess a strong customer service orientation.
  • Proficient PC skills, including Microsoft Word and Excel spreadsheets, Word and PowerPoint.
  • Ability to motivate and manage people and work with them in such a manner as to build high morale and group commitments to goals and objectives.
  • Ability to work with all levels of management and respecting all differences.
  • Ability to work with Medicare system and be adaptable to changes.

Benefits

We offer a competitive base salary, relocation package along with an incentive compensation plan. A competitive benefits package including health, dental, and vision plans, generous paid time off and retirement savings are provided.

About Union County Memorial Hospital

Union County General Hospital is a 25 bed critical access hospital located in northeast New Mexico. It is supported by the County Commissioners and is the beneficiary of tax support from the county.

The hospital provides the following services; 24 hour ER, laboratory, inpatient care, pharmacy, rehabilitation facilities, radiology, surgical suite, endoscopy services and the Clayton Family Practice Clinic.

About Clayton, NM

For additional information visit http://www.claytonnewmexico.net/index.html

About Community Hospital Corporation

Community Hospital Corporation provides management services to Union County Memorial Hospital. Here CHC puts its purpose into practice by guiding, supporting and enhancing our mission and strengthening community hospitals and healthcare providers across the country. Based in Plano, Texas, CHC provides the resources and experience community hospitals need to improve quality outcomes, patient satisfaction and financial performance.

For more information about CHC, please visit the company website at www.chc.com

CHC is a tobacco and drug free workplace. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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