The University of Kansas Health System - Topeka, KS
posted 3 months ago
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.