CFO - ACUTE

$200,000 - $280,000/Yr

Temecula Valley Hospital - Temecula, CA

Full-time - Senior

Temecula, CA

10,001+ employees

Hospitals

About the position

One of the nation's largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. (UHS) has built an impressive record of achievement and performance. Growing steadily since its inception into an esteemed Fortune 500 corporation, annual revenues were $14.3 billion in 2023. During the year, UHS was again recognized as one of the World's Most Admired Companies by Fortune; and listed in Forbes ranking of America's Largest Public Companies. Headquartered in King of Prussia, PA, UHS has approximately 96,700 employees and continues to grow through its subsidiaries. Operating acute care hospitals, behavioral health facilities, outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located all over the U.S. States, Washington, D.C., Puerto Rico and the United Kingdom. UHS is currently recruiting for our CFO at Temecula Valley Hospital located in Temecula, CA. The 140-bed, five-story Temecula Valley Hospital (TVH) is defining a new era in healthcare with its advanced technology and patient-focused care. The hospital opened in 2013 as a center for healing with a soothing environment that has peaceful scenic views, natural light and spacious, comfortable lounges. With more than 300 affiliated physicians, close to 900 employees, and 200 volunteers, TVH offers the community a comprehensive range of services similar to hospitals in large metropolitan areas. The hospital offers major specialty services, including open heart surgery and neuroscience services. TVH is also designated as a STEMI Receiving Center and Stroke Ready Hospital by the Riverside County Emergency Medical Services Agency. The Joint Commission has also designated the hospital as an Advanced Primary Stroke Center.

Responsibilities

• Maximize hospital financial performance.
• Analyze the profitability of existing hospital operations, product lines, contractual agreements, etc., making recommendations when appropriate for improvement.
• Act as a change agent to reduce expenses and reduce variation in organization/process/procedures.
• Metric-focused to target overall hospital improvement in operations and finance.
• Participate in the hospital financial reporting process.
• Supervise the preparation of reports outlining hospital's financial position and operating profit and loss statement.
• Participate in the preparation and timely filing of federal, state, hospital association, third party, and other financial reports as required.
• Develop employees through appropriate management practices, creates a hospital climate to motivate employees to highest performance.
• Establish direction, coaches employees, provides feedback, and builds commitment.

Requirements

• Bachelor's degree in Accounting, Finance, or other closely-related field.
• Minimum of 10 years of relevant progressive financial experience, preferably with a healthcare organization.
• Working knowledge of GAAP, Medicare and Medicaid regulations, and federal and local tax regulations.
• Knowledge of all business office and other administrative office operations including all processes from registration (pre-registration) through discharge and terminal resolution of the patient bill.
• Knowledge of managed care and other payer processes and agreements, including specific terms for negotiation.
• Knowledge of all accounting processes including accounts payable, payroll and general accounting.
• Effective ability to prepare financial statements and operating reports that accurately and timely reflect the entity's performance.
• Skilled at interpreting the abstract pieces of financial analysis and performance; preparing schedules and reports, using source data and compiling reports from others' schedules.
• Skill in use of electronic spreadsheets and ability to manipulate data within proprietary and acquired data bases, using ACCESS, ECLYPSIS, or other databases.
• Adept at skillfully communicating ideas and facts, packaging information and concepts in a way that increases understanding by others.

Nice-to-haves

• Master's degree in Accounting, Finance, or other closely-related field is preferred with a minimum of 8 years of progressive financial experience required (healthcare organization strongly preferred).

Benefits

• Health insurance
• Dental insurance
• Paid time off
• Vision insurance
• 401(k) matching