Chief Financial Officer

Hutchinson Clinic - Hutchinson, KS

Full-time - Executive

Hutchinson, KS

Hospitals

About the position

As a leader in this highly visible role, the Chief Financial Officer manages the HCPA accounting, business office, purchasing, and information technology division to ensure that they are providing effective and efficient service to the operating groups and other customers. The CFO manages, interprets, and communicates financial and operational data to measure performance and identifies organization-wide improvement opportunities.

Responsibilities

• Assist in and oversee the development of the annual Operating and Capital budgets and assure they are completed in a timely manner.
• Assist in capital asset purchasing and financing based on cash flow and debt service of the organization.
• Prepare pro forma business analysis and plans to assess business opportunities and strategies.
• Conduct comprehensive due diligence reviews of new business opportunities.
• Conduct post-acquisition financial reviews of physician practices.
• Assist in the development and maintenance of a Financial and Operational Dashboards.
• Provide product line profitability analysis for the various HCPA entities.
• Oversee preparation of periodic financial forecasts and cash flow forecasts.
• Provide profitability models of the current managed care contracts.
• Assist in the administration of all physician compensation arrangements.
• Provide analysis and support for the physician and employee benefit plans.
• Participate as a member of HCPA's Administrative Management Team.
• Provide financial expertise in the planning of new services and the expansion of existing services.
• Analyze and explore means of reducing costs.
• Ensure the completion of the annual budget and track progress periodically.
• Practice and adhere to the Code of Conduct philosophy and Mission and Value Statements.
• Other duties as assigned.

Requirements

• Bachelor's degree in a field closely related to the principal accountabilities of the position such as Accounting, Finance, Business or Healthcare Administration.
• Seven to ten years of progressive financial leadership and experience in healthcare.
• Successful experience developing and executing short and long-term strategic financial initiatives.
• Successful experience working collaboratively with others to advance organizational objectives.
• Demonstrated knowledge of the interaction of complex organizations and success in achieving organizational missions.
• Knowledge of financial and operational medical group administration, reimbursement and financial reporting.
• High degree of initiative, judgment, energy, discretion, decision making and the ability to maintain confidentiality.
• Excellent verbal, writing and presentation skills.
• Ability to lead teams to accomplish goals in a collaborative fashion.

Nice-to-haves

• Advanced education in a field closely related to the principal accountabilities of the position.
• CPA.
• Ten or more years of progressive financial leadership and experience in a large independent or physician-owned group practice setting.
• Demonstrated success managing business operations.
• Demonstrated success in managing multiple priorities and achieving outcomes in a timely fashion.
• Experience in negotiating insurance contracts and arrangements.