Chief Financial Officer - University of Kansas Health System, St. Francis Campus

The University of Kansas Health System - Topeka, KS

Full-time - Senior

Topeka, KS

10,001+ employees

Hospitals

About the position

The Chief Financial Officer (CFO) at The University of Kansas Health System (UKHS) St. Francis Campus is a pivotal role responsible for the overall financial administration of the facility. This includes overseeing general accounting, data processing, materials management, information systems, and financial reporting. The CFO ensures that internal controls are robust enough to safeguard the assets of the facility and that the accounting systems are capable of generating accurate and timely financial reports. The position is integral to the financial health of the organization, requiring a strategic mindset to analyze financial data and support the success of future initiatives. In this role, the CFO will collaborate closely with the Regional CFO and corporate office personnel to align the facility's financial goals and objectives. The CFO will also be responsible for developing operating policies and procedures, ensuring thorough reviews of product line analyses, and consulting with facility CEOs and the Regional CFO. The preparation of financial and management reports, as well as the administration of the facility's annual operation and capital budget, will be key responsibilities. The CFO will partner with facility CEOs and other executive team members to prepare the annual business plan, ensuring that financial strategies align with the overall goals of the organization. Additionally, the CFO will monitor the expense structure to identify opportunities for efficiencies and cost reductions, actively participate in Board of Trustees and community meetings, and direct the preparation of financial projections to inform leadership of anticipated performance. A critical aspect of the role is maintaining a healthy revenue cycle to ensure consistent cash flow and working with regional and joint venture partners on managed care negotiations to maximize payer contracts. This position is essential for driving the financial strategy and operational success of the UKHS St. Francis Campus.

Responsibilities

• Help create and implement initiatives in order to build and grow the facilities.
• Help analyze and see ideas from a financial mindset in order to help ensure the success of future endeavors.
• Consult the Regional CFO and Corporate office personnel concerning the facility's financial affairs, financial goals, and objectives.
• Develop the operating policies and procedures.
• Ensure the accurate review of product line analysis, and consult with the facility CEO's and Regional CFO.
• Prepare financial and management reports and prepare and administer the facility's annual operation and capital budget.
• Partner with facility CEO's and other executive team members on preparing the annual facility business plan.
• Plan and coordinate functions and activities of assigned departments. Responsibilities include evaluating performance and initiating or recommending personnel actions and maintaining good employee relations with department staff.
• Ongoing monitoring of expense structure to identify opportunities for efficiencies and cost reduction.
• Actively participate in Board of Trustees, Joint Venture Board, Medical Staff and community meetings.
• Direct preparation of projections to inform facility and Regional leadership of anticipated performance in future periods.
• Review and maintain a healthy revenue cycle to ensure consistent cash flow.
• Work with the Region and joint venture partner on managed care negotiations to maximize payer contracts.

Requirements

• Bachelor's Degree in accounting/finance or related field required; Master's Degree from an accredited college or university in Hospital Administration or Business Administration preferred.
• Experience as a hospital CFO; Experience in an integrated health delivery system strongly preferred.
• CPA certification preferred.
• Current knowledge of JCAHO, OSHA, state and federal regulatory standards.
• Excellent leadership and interpersonal skills to effectively communicate ideas, problems, instructions (written and oral) with corporate management staff, facility management staff and employees.
• Ability to analyze situations, evaluate data, recommend, and implement courses of action that would improve the functioning of the company.
• Ability to interpret, adapt, and apply guidelines, policies and procedures.
• Ability to use sound judgment in decision making and react calmly and effectively in an emergency situation.
• Knowledge of strategic planning and short and long-range goal implementation.