Chief Financial Officer, Baptist Hospitals of Southeast TX
Community Hospital Corporation
Following the direction of the Chief Executive Officer, Board of Directors and CHC’s Senior Vice President of Hospital Financial Operations, the CFO is responsible for providing leadership and oversight of the overall financial planning and financial operations of the hospital while ensuring compliance with the hospital’s mission, vision, values, goals, strategic direction, and applicable laws and regulations.
The CFO appraises the organization's financial position and issues periodic financial and operating reports; directs the hospital's financial planning, revenue cycle, payroll, and accounting practices; oversees and directs treasury, budgeting, audit, tax, purchasing, real estate and insurance. The CFO develops and implements policies and procedures to include safeguarding of assets and adherence to generally accepted accounting principles; ensures proper accountability and reporting to federal and state agencies and all matters pertinent to a fiscally responsible flow of operations. They assure the implementation and adherence to CHC system-wide financial policies and procedures.
The CFO is responsible for positive relationships and effective communications with lending institutions, the financial community, Community Hospital Corporation, medical staff, employees, volunteers, community representatives and board members as appropriate. The CFO fulfills the leadership role in the CEO’s absence.
Major Responsibilities:
+ Supports the mission of the hospital
+ Assures hospital compliance with federal, state and local government laws and regulations, accrediting agency standards and hospital policies and procedures rules and regulations.
+ Participates in the development of the facility’s strategic plan and short and long-term objectives which will ensure the continued growth of the facility and the provision of necessary services to the community; implementing plans and programs as approved by the governing board.
+ Responsible for analytics as well as the finance operations of BPN
+ Operations Management: Collects and analyzes data from internal and external sources regarding current way of doing business, finance, accounting, information management and related processes. Conducts needs analysis, identifies and prioritizes needs, applies good problem solving skills. Identifies alternate processes and potential solutions and acts to implement changes to improve financial operations.
+ Safety and Quality of Care: Leads and maintains a culture of safety and quality including a safe functional environment. Provides opportunities for all who work in the hospital to identify safety and/or quality issues, bring issues to management’s attention, and participate in safety and quality initiatives and planning.
+ Financial Management: Participates in the preparation and management of sound operating, project and capital budgets. Ensures the effective use of risk management, financial controls, productivity measures, reimbursement principles and contracting. Meets budget-critical financial metrics. Effectively negotiates third-party contracts. Provides stewardship of all financial and physical resources.
+ Human Resources: Ensures the availability of adequate numbers of competent staff (including physicians and contract labor) that are properly credentialed, educated, trained, motivated and engaged. Directs performance management systems including policies/practices for providing timely feedback, recognizing excellence and dealing with problem behavior and poor performance.
+ Information Management: Ensures effective collection, categorization, filing, management, privacy, confidentiality, security, redundancy, retrieval and reporting capabilities of all data and information used by the hospital. Guides the development of plans for meeting the growing demands of information management and the development of information technology especially relevant to healthcare.
+ Vision and strategy setting: Establishes and communicates a clear and compelling vision. All stakeholders know the hospital’s mission, vision, and priorities. Works with the Board, senior management team, physicians and staff to develop, implement, and update strategies and opportunities for growth and improvement to support the hospital’s mission and respond to external and internal issues.
+ High performance culture: Conveys values and acceptable behavior to all stakeholders through own actions. Creates an organizational climate that encourages teamwork, builds employee engagement, collaborates, accepts accountability, and produces quality results. Inspires individual and organizational excellence.
+ Internal Communication and Relationship: Demonstrates effective interpersonal relations including influencing/persuading at all levels inside the hospital and corporation. Builds rapport and trust with the team through frequent/timely communication. Develops and maintains effective medical staff relationships. Seeks input from stakeholders. Anticipates and addresses concerns. Contributes to the creation of a culture of communication.
+ External Communication and Relationship: Works with community leaders as appropriate to assess community healthcare needs, build a positive hospital image and market hospital services. Actively participates in his/her community through civic and other service. Demonstrates appropriate political savvy, tact and diplomacy.
+ Talent Development: Wants people to develop. Accurately assesses developmental needs and provides frequent feedback, coaching, and personal development opportunities. Faces up to performance and behavior problems quickly and directly. Does not shy from providing timely corrective feedback. Takes action promptly to remove talent that is non-responsive to coaching and developmental activity.
+ Accountability: Sets clear, consistent goals and expectations. Holds self and others accountable for decisions and actions. Demands high performance. Is reliable, keeps commitments, and delivers results. Creates an ownership culture.
+ Champion for Change: Speaks out for change and helps staff understand reasons for, and benefits from, change. Makes change real for individuals. Links change to work processes and involves stakeholders in the change process. Follows through on change initiatives. Communicates constantly with all affected by change. Maintains the hospital’s compliance with all regulatory and legal requirements. Fully participates in the Compliance Program as defined by CHC Corporate policies, procedures, and practices timely with support documentation and reporting as required.
Requirements
+ BS/BA degree in finance, accounting, business or a related discipline required
+ A CPA designation preferred
+ A graduate level degree is a plus
Experience
+ 5 – 7 years of progressive career experience in Hospital Finance/Accounting. Hospital CFO experience required.
+ Requires managerial experience and demonstrated understanding and experience with hospital financial reporting, revenue cycle management, accounting, budgeting, accounts payable, treasury, audit, tax, payroll, information technology and materials management.
+ Prefer experience with Meditech.
Skills and Knowledge
+ Ability to plan, organize, develop, implement, and interpret the necessary programs, goals, policies, and objectives that are necessary for providing sound financial management of the hospital
+ Ability to solve management issues and direct numerous and varied operations
+ Ability to define realistic, specific goals and objectives and to prioritize objectives
+ Ability to organize and manage multiple priorities
+ Ability to motivate and manage people and work with them in such a manner as to build high morale and group commitments to goals and objectives
+ Ability to work with all levels of management and respecting all differences
+ Ability to communicate and relate well with others including CHC staff, physicians, the Board, employees, community business leaders, volunteers and the general public
+ Communicates openly, respectfully, and in timely way
Benefits
Benefits include a competitive salary, relocation package along with incentive compensation plan, 401(k) savings and match, and a comprehensive health and welfare benefits package.
CHC is a tobacco and drug free workplace. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
About Baptist Hospitals of Southeast Texas – Beaumont
Baptist Hospitals of Southeast Texas has been serving the community for over 60 years. Our healthcare system is dedicated to providing quality health services in a Christian environment in order to improve healthcare for members of the Southeast Texas community. Baptist Beaumont Hospital is licensed for 483 beds and is located just off I-10 approximately 90 miles east of Houston, 60 miles from Galveston and 25 miles from the Louisiana border.
For more information, please visit www.bhset.net.
Confirm your E-mail: Send Email
All Jobs from Community Hospital Corporation