Market CFO Houston

$175,989 - $175,989/Yr

St Luke's Health - Houston, TX

posted 2 months ago

Full-time - Senior
Houston, TX
1,001-5,000 employees
Hospitals

About the position

As the Chief Financial Officer (CFO) at Baylor St. Luke's Medical Center, you will play a pivotal role in overseeing the financial health of the organization and guiding its long-term strategic plan. This position is crucial for ensuring that the medical center can continue to provide excellent care and services to patients for many years to come. To excel in this role, you will need to possess exceptional financial knowledge, including best practices in financial management, a comprehensive understanding of the full revenue cycle, forecasting, and strategic planning. Your previous experience should demonstrate a track record of increasing revenue, shortening the revenue cycle, reducing costs, or implementing processes that have resulted in significant savings. In addition to your financial expertise, you will need to exhibit excellent prioritization skills. The role can be demanding, with days that may be overbooked, a full inbox of requests for approvals, and critical deadlines such as month-end closings or budget drafts. You must be adept at delegating tasks, focusing on high-level responsibilities that require your unique expertise, and managing expectations effectively. Your interpersonal skills will be equally important, as you will interact daily with a diverse range of individuals, including patients, physicians, financial staff, and community board members. Regardless of the audience, you will need to be personable, knowledgeable, and maintain integrity in all interactions. This role requires a balance of strategic oversight and attention to detail, ensuring that both the long-term goals of the organization and immediate financial processes are managed effectively.

Responsibilities

  • Oversee a team of three responsible for financial processes including month-end close, net patient revenue, budgeting, and capital expenditures.
  • Regularly check in with staff regarding financial processes and review final reports as they are prepared.
  • Investigate causes of excessive spending or loss of revenue proactively before they become significant concerns.
  • Present results of financial reports to the community board, fiduciary board, senior leadership team, and executive leadership team.
  • Review and approve or deny capital requests as necessary.
  • Maintain a high-level view of long-term goals while being able to dive into specific details when required.
  • Engage with staff and patients daily to listen to concerns, particularly those related to safety.
  • Attend meetings and participate in facility initiatives as time permits.

Requirements

  • CPA or Master's degree in Finance, Business Administration, or a related discipline.
  • Seven years of experience in finance or a related field, including five years of leadership or management experience.

Benefits

  • Adoption assistance
  • Dental insurance
  • Flexible spending account
  • Health insurance
  • Retirement plan
  • Vision insurance
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