Chief Financial Officer(CFO)

Overview Under the administrative direction of the Chief Executive Officer (CEO), the Chief Financial Officer (CFO) is the highest-level financial executive. The CFO has complete oversight of all fiscal functions within AHMC Anaheim Regional Medical Center (ARMC) including the development, interpretation, coordination, and administration of the hospital's policies on finance, accounting, insurance, financial/accounting systems, internal controls, budgeting, and auditing. The CFO oversees the planning and direction of all finances, formulates long-range goals and plans for expansion, and manages the financial affairs of the hospital according to business unit goals and corporate policies. This position requires full understanding and active participation in fulfilling the Mission of AHMC Anaheim Regional Medical Center. The CFO will support the hospital's strategic plan and the goals and direction of the Performance Improvement Plan. Responsibilities TASKS/DUTIES/RESPONSIBILITIES Plans, develops, organizes, implements, directs, and evaluates ARMC's fiscal function and performance. Provides timely and accurate analysis of budgets, financial reports, and financial trends to the CEO and the Board of Directors. Participates in financial and functional decision-making processes necessary for the successful attainment of the hospital's mission and/or strategic plan. Collaborates with the Administrative Team to develop financial goals and objectives for the hospital. Provides financial expertise in the planning of new services and the expansion of existing services promoting revenue growth. Collaborates with department directors and patient care executives to implement financial plans and productivity benchmarks. Develops financial plans and authorizes operating budgets in accordance with established goals. Monitors capital asset expenditures and prepares annual operating budgets with departmental input. Prepares hospital operating and capital budgets based on past, current, and anticipated expenditures and revenues. Devises and installs new or modified accounting systems to provide accurate records of hospital assets, liabilities, and financial transactions. Ensures compliance with federal and state statutes surrounding participation in government programs. Directs the facility's information resources and ensures optimal data security systems are maintained. Develops and implements policies and procedures consistent with the hospital's mission. Prepares detailed analyses of financial statements and makes recommendations to the Administrative Team. Arranges for audits of hospital accounts and prepares required governmental reporting. Establishes and communicates clear objectives and goals for all departments under supervision. Directs personnel management activities and ensures development of subordinates and succession planning. Participates in hospital-wide strategic planning activities. Monitors compliance with regulations governing hospitals and accrediting bodies. Collaborates with Human Resources to effectively administer labor proceedings. Performs other duties as assigned. Qualifications EDUCATION/TRAINING/EXPERIENCE Bachelors in a related field required; Masters in Business Administration or closely related field preferred. Minimum of five years of progressive administrative experience in an acute care hospital setting. Minimum of ten years' experience in the healthcare industry. Comprehensive knowledge of regulatory requirements affecting acute care hospitals. Experience with accreditation/regulatory activities and performance improvement. Five years in an executive level position required. Excellent written/verbal communication and computer skills. Experience in budget preparation/operation. A combination of experience, education, and/or training which substantially demonstrates the following knowledge, skills, and abilities: Compliance: Code of Conduct, Organization's Policies and Procedures, Local, State, and Federal Regulations. #J-18808-Ljbffr

Created: 2025-03-04