Chief Financial Officer

Prime Healthcare Services - Elgin, IL

Full-time - Executive

Elgin, IL

Ambulatory Health Care Services

About the position

The Chief Financial Officer (CFO) at Prime Healthcare is responsible for overseeing the financial operations of the hospital, ensuring compliance with accounting standards, and managing financial records. This role involves planning and organizing departmental activities in alignment with the hospital's policies and practices, while also addressing financial issues related to budgeting, cash management, and performance evaluations.

Responsibilities

• Carries out all policies and procedures established by the Governing Board consistent with the philosophy and practices of the Hospital.
• Responsible for planning, organizing, and influencing department activities.
• Assures financial records of the Hospital are maintained following generally accepted accounting standards.

Requirements

• Bachelor degree in Accounting / Finance or closely related field.
• Extensive knowledge of Health Care Accounting practices and principles.
• Progressively responsible position in the Accounting profession.
• Familiarity with computer accounting programs.
• Five to seven years' experience in hospital accounting/finance required; two years in management preferred.
• Management of hospital financial issues related to budgeting, cash management, capital finance, and performance evaluations.
• Knowledge of insurance matters, regulations, reimbursement, information systems, and plant operations.

Nice-to-haves

• CPA preferred
• Membership and active participation in ACHE and/or other professional organization preferred.