Assistant Chief Financial Officer NC

Frye Regional Medical Center - Hudson, NY

Full-time - Mid Level

Hudson, NY

1,001-5,000 employees

Hospitals

About the position

The Assistant CFO (ACFO) plays a crucial role within the Executive Leadership Team at Frye Regional Medical Center, supporting the Chief Financial Officer (CFO) in safeguarding the hospital's assets and ensuring that financial statements, including books and records, are prepared and maintained in accordance with Generally Accepted Accounting Principles (GAAP). This position is integral to the financial health of the organization, overseeing the operations of the Accounting/Finance Department. The ACFO is responsible for the preparation and accuracy of financial statements, maintenance of the general ledger, internal audits, and compliance with Sarbanes-Oxley (SOX) controls. Additionally, the ACFO manages accounts payable, balance sheet reconciliations, and budget preparation, ensuring that all financial operations align with regulatory standards and internal policies. In this role, the ACFO implements and adheres to regulatory changes that impact the accounting cycle, providing timely and effective service to both internal and external customers. The position requires a strong focus on compliance with company financial and accounting policies, ensuring that internal controls are effective in both design and operation. The ACFO is tasked with meeting monthly close deadlines, maintaining supporting documentation for all activities, performing account analysis, and preparing various financial packages as requested, such as cost reports and tax documents. Furthermore, the ACFO assists in identifying and assessing financial risks, establishing and monitoring mitigation plans, and communicating financial risks and opportunities to the regional CFO and hospital CEO. The ACFO also plays a key role in monitoring financial performance and maintaining reasonable and appropriate financial plans and forecasts. This position is essential for ensuring the financial integrity of Frye Regional Medical Center and supporting its mission to provide comprehensive healthcare services to the community.

Responsibilities

• Oversee the operations of the Accounting/Finance Department including financial statement preparation and maintenance of the general ledger.
• Ensure compliance with regulatory, GAAP, and other changes affecting the accounting cycle.
• Provide timely and effective service to both internal and external customers.
• Ensure internal controls are effective in both design and operation, including routine monitoring of controls.
• Meet monthly close deadlines and maintain supporting documentation for all activities.
• Perform account analysis and prepare various financial packages as requested.
• Assist in identifying and assessing financial risks and establish monitoring of mitigation plans.
• Communicate financial risks and opportunities to the regional CFO and hospital CEO.
• Monitor financial performance and maintain reasonable and appropriate financial plans and forecasts.

Requirements

• Minimum of a Bachelor's Degree in Accounting.
• CPA designation or an advanced degree is preferred.
• At least 5 years of progressive financial healthcare or equivalent experience in general accounting, financial systems, and financial statement preparation.
• Experience in review and analysis, multi-disciplinary management, and ethics.
• Excellent communication skills.

Nice-to-haves

• Advanced degree in a related field.
• Experience in a healthcare setting.

Benefits

• Wide range of medical, dental, and vision plans.
• HSA contributions.
• 401(K) retirement plan contributions.
• Generous Paid Time Off.
• Accident & Critical Illness Insurance.
• Prescription Assistance with OptumRx.
• Income protection programs including life insurance and Short/Long-term Disability.
• Employee Assistance program for emotional, legal, financial, and daily life support.
• Free travel and entertainment discount program.