Job Description

Responsible for all aspects of Accounting, Financial Reporting, Financial Operations, Revenue Cycle, Budget and Reimbursement, Information Technology, Utilization Review, Medical Records, Coding, Patient Access, Internal Audit, Managed Care Contracting. Responsible for collaboration with the Executive Team for the overall financial performance of the Health System.

Education

• Bachelors degree with emphasis in Accounting. CPA and/or Masters required

Experience

• 10 years in various aspects of Finance preferably with prior CFO experience with a hospital, health system, payer, or medical group.

Knowledge, Skills And Abilities

• Knowledge of accounting, finance/operations, revenue cycle and managed care contracting
• Knowledge of government regulations in healthcare to include and not limited to healthcare financing and HSCRC relationship(s)
• Demonstrates good business judgement and strategic insight
• Effectively uses data and analytics to drive decision making
• Ability to direct and delegate the work of others
• Demonstrates and facilitates collaboration and teamwork to achieve goals
• Seeks opportunities to be present, visible, & approachable in the organization.
• Demonstrates innovative and creative approaches to work

Licensures, Certifications

CPA and/or MBA required

Principal Duties And Responsibilities

• Oversees all aspects of Finance for the Health System.
• Financial Planning and Analysis: Coordinates the Annual Operating and Capital Budget for the Health System, prepares financial forecasts, and conducts cash flow & budget variance analysis to support short-term and long-term operational objectives for the system.
• Financial Reporting: Oversees the monthly and annual preparation of the System financials to include collaboration with external audit group
• Revenue Cycle Management: Oversees all aspects of the Revenue Cycle for the Health System, including optimizing billing & claims platforms, ensuring correct/ & optimized coding, and integrating key documentation and systems to increase cash flow.
• Strategic Planning: Serving as a strategic financial partner to the executive team, providing analytical support and decision-making tools to drive operational performance and supporting strategic initiatives and growth.
• Stakeholder Communication: Open, transparent, & strategic communication of financial performance with Internal stakeholders (CEO, Board of Directors, executive team, physician leaders, employees, & management team) and External stakeholders (auditors, regulators/policymakers, vendors/suppliers, payers, community, & patient/families).
• Cost Management and Operational Efficiency: Implementing cost control measures, optimizing resource allocation, identifying areas for savings, and monitoring performance to streamline operations and maximize efficiency.
• Risk Management & Compliance: Identify and mitigate financial risks, such as fraud, regulatory non-compliance, and economic volatility. Ensure that the organization adheres to complex healthcare regulations to avoid financial penalties and ensure patient safety.
• Serves as lead for coordinating committees and agendas for the Audit/Compliance, Finance Operations and Investment Committees
• Oversees the management of Information Technology to include Network Operations and the EPIC Team for the Health System
• Oversees all aspects of Patient Access, Health Information Management and Hospital/Physician Coding
• Manages the Internal Audit function for the System
• Oversees the relationships with all regulatory organizations to include and not limited to the HSCRC, Rating Agencies and Third-Party payors

Physical Requirements

• Ability to lift up to ten (10) pounds maximum and occasionally lifts or carry small item (files, manual, binder).
• Ability concentrate and pay close attention to detail.
• Must be able to work occasional weekends and attend employee or business functions in evenings or early mornings, outside of normal business hours.

Working Conditions

• Office Work Environment

Conditions of Employment

Executed Employment Agreement

All roles must demonstrate GBMC Values

GBMC Values

Value Description

Respect

I will treat everyone with courtesy. I will foster a healing environment.

• Treats others with fairness, kindness, and respect for personal dignity and privacy
• Listens and responds appropriately to others needs, feelings, and capabilities

Excellence

I will strive for superior performance in every aspect of my work. I will recognize and celebrate the accomplishments of others.

• Meets and/or exceeds customer expectations
• Actively pursues learning and self-development
• Pays attention to detail; follows through

Accountability

I will be professional in the way I act, look and speak. I will take ownership to solve problems.

• Sets a positive, professional example for others
• Takes ownership of problems and does what is needed to solve them
• Appropriately plans and utilizes required resources for various job duties
• Reports to work regularly and on time

Teamwork

I will be engaged and collaborative. I will keep people informed.

• Works cooperatively and collaboratively with others for the success of the team
• Addresses and resolves conflict in a positive way
• Seeks out the ideas of others to reach the best solutions
• Acknowledges and celebrates the contribution of others

Ethical Behavior

I will always act with honesty and integrity. I will protect the patient.

• Demonstrates honesty, integrity and good judgment
• Respects the cultural, psychosocial, and spiritual needs of patients/families/coworkers

Results

I will set goals and measure outcomes that support organizational goals. I will give and accept help to achieve goals.

• Embraces change and improvement in the work environment
• Continuously seeks to improve the quality of products/services
• Displays flexibility in dealing with new situations or obstacles
• Achieves results on time by focusing on priorities and manages time efficiently

Pay Range

$325,000.00 $650,000.00

Final salary offer will be based on the candidates qualifications, education, experience and alignment with our organizational needs.

Equal Employment Opportunity

Gilchrist Inova and its affiliates are Equal Opportunity employers. All qualified applicants will get consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, mental or physical disability, genetic information, veteran status, or any other status protected by federal, state, or local law.

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