Chief Financial Officer

Bryan Health - Grand Island, NE

Full-time - Mid Level

Grand Island, NE

Hospitals

About the position

The Finance Division Director is responsible for the planning, provision, and allocation of resources necessary for the day-to-day operations of the Finance Division at Grand Island Regional Medical Center (GIRMC). This role involves establishing performance standards, managing the annual operating budget, and ensuring alignment with the strategic plan of the organization. The director will lead initiatives to enhance service excellence, oversee departmental performance, and ensure effective communication and collaboration across the division.

Responsibilities

• Commit to the mission, vision, beliefs, and demonstrate core values.
• Participate in and/or lead meetings, committees, strategic planning, and lean projects as assigned.
• Serve as Service Excellence champion, implementing and hardwiring service excellence initiatives.
• Oversee formulation of division goals and objectives, ensuring proper execution and feedback processes.
• Evaluate performance standards/metrics for departments and assist managers in improving performance.
• Ensure consistent leadership and effective communication among division managers.
• Provide leadership in service line growth and development within the division.
• Oversee departmental budgetary procedures and ensure compliance with budgetary controls.
• Responsible for hiring, training, supervising, and evaluating division managers.
• Maintain professional growth through seminars and workshops to stay updated on trends.
• Perform Evidence Based Leadership Practices including staff development and performance evaluations.
• Ensure overall physician, employee, and patient satisfaction results in the Finance division.
• Understand accounting and financial reporting regulations related to governmental programs.
• Identify internal controls and monitor compliance, coordinating annual audits as needed.
• Evaluate clinic financial statements and prepare appropriate analysis.
• Develop and maintain accounting systems for evaluating department costs and profitability.
• Compile information for comparative analysis with other hospitals and clinics.
• Assist management in managing productivity and volumes with statistical reports.
• Evaluate financial feasibility of new or existing services and programs.
• Manage GIRMC's payer contractuals and advise on changes as needed.
• Ensure financial statements meet formatting requirements of Bryan Health.
• Guarantee timely preparation of monthly financials for distribution to management and board.
• Develop relationships with auditing firms to ensure timely audits with no controllable adjustments.
• Lead measurement activities for the Journey to Excellence including patient satisfaction surveys.
• Prepare operating and capital budgets, including statistical budgets.
• Develop comprehensive annual budgets reflecting departmental needs based on data.
• Demonstrate competency in Medicare, Medicaid, and third-party billing requirements.
• Perform other related projects and duties as assigned.

Requirements

• Bachelor's degree in Business Administration, Accounting, or equivalent experience required.
• Minimum of five (5) years progressively responsible work experience in accounting and budgeting functions required.
• Knowledge of organizational and human resource management standards and practices.
• Knowledge of ongoing healthcare trends and performance improvement methods.
• Knowledge of budgetary and financial methods and practices.
• Knowledge of computer hardware and software applications relevant to work functions.
• Skill in conflict diffusion and resolution.
• Ability to communicate effectively both verbally and in writing.
• Ability to perform crucial conversations with desired outcomes.
• Ability to make operational and management decisions in response to changing conditions.
• Ability to establish and maintain effective working relationships with personnel and medical staff.
• Ability to develop written policies and procedures with measurable behaviors.
• Ability to problem solve and engage in independent critical thinking.
• Ability to maintain confidentiality of sensitive information.
• Ability to adhere to hospital and department procedures.
• Ability to prioritize work demands and work with minimal supervision.
• Ability to utilize a proactive approach in leading financial communications.
• Ability to educate managers on the importance of monitoring financial aspects.

Nice-to-haves

• Certified Public Accountant (CPA) certification preferred.
• Prior management experience preferred.

Benefits

• Health insurance coverage
• Dental insurance coverage
• Vision insurance coverage
• 401k retirement savings plan
• Paid holidays
• Paid time off (PTO)
• Professional development opportunities