Williamson Medical Center - Franklin, TN

posted 3 months ago

Full-time - Senior
Franklin, TN
1,001-5,000 employees
Hospitals

About the position

As our organization continues to grow and expand, we are seeking an experienced, highly motivated and visionary Assistant Chief Financial Officer (ACFO) to lead the day-to-day management of activities concerned with the financial management of the hospital. This role is developmental, intended to act as a successor to the CFO role. The ACFO will report directly to the Chief Financial Officer and will be responsible for the supervision of the Finance, Case Management, and Health Information Management departments. The ACFO will play a pivotal role in shaping and implementing the strategic direction of our organization, ensuring the delivery of high-quality patient care, and fostering a culture of innovation and collaboration within the finance team. We are looking for an experienced executive-level financial leader with a master's degree and CPA, who has for-profit and acute care experience in suburban and urban markets. The ideal candidate will possess a strong understanding of managing the capital and operating budget processes in relation to a cash management program. They will have a proven track record of overseeing the accounting operations of a company, including the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk and enhance the accuracy of reported financial results. Excellent communication, interpersonal, and relationship/team-building skills are essential, along with the ability to effectively engage and inspire others. The ACFO must demonstrate the ability to think strategically, analyze complex issues, and develop innovative solutions as part of the problem-solving process. Strong financial acumen and experience managing budgets and resources effectively are critical, as is ethical integrity and the ability to make timely decisions and changes when necessary. The candidate should be adept at multitasking and managing multiple competing priorities simultaneously, and possess technology expertise to ensure compliance with generally accepted accounting principles and governmental audit standards. A commitment to promoting a culture of diversity, equity, and inclusion within the Finance department and across the organization is also essential. Additionally, the candidate should have a demonstrated understanding of reimbursement including Medicare, TNCare, and Managed Care contracting.

Responsibilities

  • Improve performance with regard to employee and patient satisfaction at Williamson Health.
  • Demonstrates an understanding of application of finance in healthcare for maximum impact in clinical and financial results.
  • Execute on the organization's capital asset management process.
  • Establish expertise in and be responsible for the productivity system, scheduling and staffing across the organization.
  • Demonstrates competence in hospital accounting, compliance and internal controls.
  • Assists in providing sources of funds to meet the demands of continuing organization expansion of facilities and services.
  • Maintains good working relationships with the medical staff, senior staff members and department heads.
  • Demonstrates knowledge of HIM and Case Management/Care Coordination functions.
  • Supports the organization in the budget planning process.
  • Evaluates new service lines and enhanced technology to WH.
  • Supervises the Finance/Accounting, HIM and Case Management teams.

Requirements

  • A Master's Degree with CPA or Equivalent is desirable.
  • Minimum of 5 years of senior financial management hospital (or health care) experience is required.
  • Strong understanding of managing the capital and operating budget processes in relation to a cash management program.
  • Proven track record of overseeing the accounting operations of a company, including the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the reported financial results.
  • Excellent communication, interpersonal, and relationship/team-building skills, with the ability to effectively engage and inspire others.
  • Demonstrated ability to think strategically, analyze complex issues, and develop innovative solutions as part of the problem-solving process.
  • Strong financial acumen and experience managing budgets and resources effectively.
  • Ethical integrity/character, ability to move quickly/make timely decisions and changes when necessary.
  • Multitask/manage multiple competing priorities at the same time.
  • Technology expertise to ensure results comply with generally accepted accounting principles and governmental audit standards.
  • Commitment to promoting a culture of diversity, equity, and inclusion within the Finance department and across the organization.
  • Demonstrated understanding of reimbursement including Medicare, TNCare and Managed Care contracting.
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