CFO MARKET - ACUTE

United Health Services - Wellington, FL

Full-time - Executive

Remote - Wellington, FL

10,001+ employees

Insurance Carriers and Related Activities

About the position

Universal Health Services, Inc. (UHS) is one of the nation's largest and most respected providers of hospital and healthcare services, with a strong record of achievement and performance. As a Fortune 500 corporation, UHS has seen steady growth since its inception, with annual revenues reaching $14.3 billion in 2023. The company has been recognized as one of the World's Most Admired Companies by Fortune and is listed in Forbes' ranking of America's Largest Public Companies. Headquartered in King of Prussia, PA, UHS employs approximately 96,700 individuals and continues to expand through its subsidiaries, which operate acute care hospitals, behavioral health facilities, outpatient facilities, ambulatory care access points, an insurance offering, a physician network, and various related services across the U.S., Washington, D.C., Puerto Rico, and the United Kingdom. The CFO - Market Acute position is based in Wellington, Florida, and oversees the financial operations and performance of the acute care operations in the South Carolina/Florida region. This includes managing several medical centers such as Aiken Regional Medical Center, Wellington Regional Medical Center, Lakewood Ranch Medical Center, and Manatee Memorial Hospital, among others. The CFO will work closely with the Group Vice President (GVP) and the Senior Vice President (SVP) of Finance for the acute division, playing a critical role in the development and execution of integrated delivery network strategies that drive long-term success in the region. Key responsibilities include overseeing the Market's accounting, business office, materials management, medical records, information services, and other assigned departments. The CFO will supervise the financial reporting process, ensuring the preparation of reports that outline the financial position and operating profit and loss statements. Additionally, the CFO will analyze the profitability of existing operations and make recommendations for improvement, while also managing and developing employees to foster a high-performance culture.

Responsibilities

• Oversees the Market's accounting, business office, materials management, medical records, information services, and other departments as assigned.
• Supervises the market's financial reporting process, including the preparation of reports outlining financial position and operating profit and loss statements.
• Ensures timely filing of federal, state, hospital association, third party, and other financial reports as required.
• Maximizes market operational performance by analyzing profitability of existing operations, product lines, and contractual agreements, making recommendations for improvement.
• Manages and develops employees, creating a motivating climate and providing direction, coaching, and feedback.

Requirements

• Bachelor's degree in Accounting, Finance, or a closely-related field.
• Minimum of 8 years of relevant progressive financial experience with a healthcare organization.
• Working knowledge of GAAP, Medicare and Medicaid regulations, and federal and local tax regulations.
• Knowledge of business office operations from registration to cash collection, and managed care processes and agreements.
• Skilled in preparing financial statements and operating reports that accurately reflect the entity's performance.
• Adept at using electronic spreadsheets and manipulating data within proprietary and acquired databases.

Nice-to-haves

• Master's degree in Accounting, Finance, or a closely-related field.
• Minimum of 10 years of progressive financial experience within an acute care setting.

Benefits

• Competitive compensation
• Excellent medical, dental vision and prescription plan
• Generous paid time off
• Challenging and rewarding work environment
• 401(k) retirement plan with a company match
• Relocation benefits