Ahmc Healthcare - South El Monte, CA
posted about 2 months ago
The Chief Financial Officer (CFO) of Greater El Monte Community Hospital is a pivotal role responsible for ensuring the financial health and sustainability of the hospital. This position requires the establishment and monitoring of comprehensive financial plans and budgets that align with the hospital's business unit goals and adhere to sound business practices. The CFO will manage the financial affairs of the facility, ensuring compliance with corporate policies, government regulations, and accreditation standards. This role is crucial in ensuring the efficient utilization of resources to meet the organization's needs while maintaining compliance with all applicable federal, state, and local laws. In addition to overseeing the financial operations, the CFO will be responsible for communicating financial information to corporate management in a clear and accurate manner. This includes interfacing with external agencies, physicians, and the community ethically and transparently. The CFO will also establish clear objectives and goals for the business development department staff, ensuring that the department operates within budget guidelines. This position involves hiring, evaluating, and developing subordinate staff, providing feedback to motivate and maintain positive morale within the unit. The CFO will work closely with senior management to evaluate product line profitability, set financial goals, and implement procedures to maximize financial results. This includes developing operational indicators and monitoring compliance with government regulations and internal policies. The CFO will also direct the overall financial plans and accounting practices of the hospital, ensuring timely financial and statistical reporting to the corporate management team. Continuous monitoring of programs, policies, and procedures is essential to ensure the organization's profitability and compliance with changing regulations. Strategic planning for organizational improvement will also be a key responsibility, with recommendations for financial resources being a critical component of this role.