CFO

Great Falls Clinic - Great Falls, MT

Full-time - Senior

Great Falls, MT

Ambulatory Health Care Services

About the position

The Chief Financial Officer (CFO) is responsible for leading the financial and revenue management of the hospital, ensuring compliance with healthcare regulations, and overseeing the development of financial policies and procedures. This role requires a strategic leader who can manage complex organizational structures, develop effective financial reporting systems, and maintain positive relationships with internal and external stakeholders. The CFO will also oversee purchasing and materials management, ensuring operational efficiency and effectiveness in resource utilization.

Responsibilities

• Lead the overall process of revenue integrity and financial management for the facility.
• Responsible for financial policies and procedures to enhance the safety of assets or operational efficiency.
• Develop and disseminate cash accounting, line item budgets, forecasts, models, and other data.
• Evaluate overall financial position, recommend financial plans and budgets for board approval, and monitor expenditures against revenue.
• Direct development and planning of financial reporting systems.
• Review effectiveness of financial and accounting systems, policies, and procedures; direct development and implementation of improvements.
• Direct financial and revenue integrity team leaders.
• Collaborate with other senior members in developing major financial plans including capital expenditure programs.
• Maintain departmental reports and records and collect statistical data for administrative and regulatory purposes.
• Supervise and coordinate the functions of reimbursements, budget, patient accounting, and general accounting.
• Prepare reports outlining the hospital's financial position in all areas of assets, liabilities, income, and expense.

Requirements

• Bachelor's degree in finance, accounting, or health care administration; Master's degree preferred.
• 7-10 years of progressive leadership experience in the hospital finance setting.
• Well versed in Health Care regulatory compliance, central supply management, SOX compliance, and GAAP.
• Excel expertise required.
• Ability to work individually and in a team setting.
• Experience developing and motivating staff, understanding of human resources management and employment law.
• Computer proficiency and data analysis experience.
• Demonstrated experience in developing and overseeing large budgets and leading strategic planning initiatives.
• Proven ability to create effective working relationships with physicians, staff, and Board members.
• Demonstrated leadership ability and complex organizational management skills.
• Must maintain confidentiality concerning patient personal, financial, and medical information.
• Excellent written and verbal skills.

Nice-to-haves

• Certified Public Accountant/Certified Management Accountant or Certified Manager of Patient Account preferred.