Assistant Chief Financial Officer- MetroWest Medical Center at Other Executive
Marlborough, Massachusetts, USA -
Full Time


Start Date

Immediate

Expiry Date

07 Nov, 25

Salary

0.0

Posted On

08 Aug, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Participation, Financial Planning, Financial Systems, Preparation, Expenses, Completion, Disabilities, Capital, Financial Management Experience, Coaching, Budgeting, Ethics, Competitive Advantage, Financial Performance, Financial Operations, Record Keeping, Color

Industry

Financial Services

Description

POSITION SUMMARY:

The Assistant Chief Financial Officer collaborates with the facility Chief Financial Officer and assumes responsibility for the ongoing effective operation of the department by exerting a leadership role that supports the hospital, mission, vision, goals and objectives while focusing on the patient, physicians, employees, volunteers and the community as customers. The Assistant Chief Financial Officer has ongoing accountability for the continuous assessment, improvement, coordination and integration into the hospital’s financial functions. He/she is accountable for departments’ direction and coordination.

FUNCTIONAL EXPECTATIONS & REQUIREMENTS:

The Assistant Chief Financial Officer has responsibility for supporting the Chief Financial Officer in all efforts to ensure the financial viability of the hospital network by establishing and monitoring financial plans and budgets and managing the financial affairs of the hospital network according to business unit goals, sound business practices, corporate and hospital policies, and according to various government regulatory requirements.

As such, the Assistant CFO’s responsibilities are to:

  • Analyze daily operating results to ensure that revenues, expenses, and labor are within budgeted objectives; advise department heads and administration of needed changes and improvements in a timely manner.
  • Establish and maintain sound financial controls and record keeping.
  • Keep abreast of government regulatory requirements and the rapidly changing reimbursement environment to develop and implement changes to policies and procedures as needed.
  • Ensure that the financial operations of the hospital network are carried out in an ethical, responsible manner.
  • Establish and monitor the annual operating budget according to sound budgeting principles and corporate guidelines. Interface with Human Resources and other appropriate departments in the preparation of work force plans and salary and benefit proposals.
  • Evaluate the hospital network’s overall financial position and prepare periodic financial and operating reports. Provide consistent and accurate financial, accounting and reporting processes throughout the network.
  • Prepare financial forecasts and monitor performance versus budget; consolidate results, prepare rolling 90-day forecasts, and develop and implement cash management controls.
  • Coordinate with other senior members of the leadership team in the development of major strategic and financial plans, including capital expenditure programs.
  • Review, evaluate and ensure the effectiveness of all financial and accounting systems in the hospital network. Direct the development and implementation of new systems, policies and procedures as required.
  • Assist in the development of new business by analyzing the feasibility of new programs, including managed care contracts, and advise management of the financial prospects.
  • Attend promptly to the administrative details of the position including the signing of documents, preparation of reports, completion of performance appraisals and other employee-related actions.

2503016795 Employment practices will not be influenced or affected by an applicant’s or employee’s race, color, religion, sex (including pregnancy), national origin, age, disability, genetic information, sexual orientation, gender identity or expression, veteran status or any other legally protected status. Tenet will make reasonable accommodations for qualified individuals with disabilities unless doing so would result in an undue hardship

ORGANIZATIONAL LEADERSHIP - EXPECTATIONS & REQUIREMENTS:

As a leader in healthcare, Tenet is committed to providing the best possible care to every patient, with a clear focus on quality and service. Strong leadership is essential to delivering on this commitment, and we believe that the quality of our leaders can give us a significant long-term competitive advantage. We want to ensure every current and future leader in Tenet is successful, and we support that through our selection and hiring process and by providing coaching and training to our leaders.
In this regard, we have identified core competencies that will enable a leader to succeed at Tenet, and have defined them within the following five areas critical to performance:

CANDIDATE EXPERIENCE, ATTRIBUTES AND EDUCATION REQUIREMENTS:

  • At least eight to ten years of progressive financial healthcare or equivalent experience in the areas of general accounting; operations; financial systems; financial statement preparation; review and analysis; multi-discipline management experience; and ethics.
  • Good organization skills with the ability to prioritize workload and successfully manage all financial activities. Resilience to working successfully under pressure.
  • Ability to convert complex finance, operational, and compliance issues into terms and concepts that are easily disseminated throughout all levels of the organization.
  • A referenceable track record in facility finance, defining the issues and making the decisions to generate improved financial performance.
  • Participation, as well as supervisory experience, in negotiating managed care contracts.
  • Substantial financial management experience including financial operations, strategic and financial planning, contracts, reimbursement, budgeting and capital financing in a complex environment.
  • A thorough understanding of healthcare trends with the ability to anticipate opportunities.

How To Apply:

Incase you would like to apply to this job directly from the source, please click here

Responsibilities
  • Analyze daily operating results to ensure that revenues, expenses, and labor are within budgeted objectives; advise department heads and administration of needed changes and improvements in a timely manner.
  • Establish and maintain sound financial controls and record keeping.
  • Keep abreast of government regulatory requirements and the rapidly changing reimbursement environment to develop and implement changes to policies and procedures as needed.
  • Ensure that the financial operations of the hospital network are carried out in an ethical, responsible manner.
  • Establish and monitor the annual operating budget according to sound budgeting principles and corporate guidelines. Interface with Human Resources and other appropriate departments in the preparation of work force plans and salary and benefit proposals.
  • Evaluate the hospital network’s overall financial position and prepare periodic financial and operating reports. Provide consistent and accurate financial, accounting and reporting processes throughout the network.
  • Prepare financial forecasts and monitor performance versus budget; consolidate results, prepare rolling 90-day forecasts, and develop and implement cash management controls.
  • Coordinate with other senior members of the leadership team in the development of major strategic and financial plans, including capital expenditure programs.
  • Review, evaluate and ensure the effectiveness of all financial and accounting systems in the hospital network. Direct the development and implementation of new systems, policies and procedures as required.
  • Assist in the development of new business by analyzing the feasibility of new programs, including managed care contracts, and advise management of the financial prospects.
  • Attend promptly to the administrative details of the position including the signing of documents, preparation of reports, completion of performance appraisals and other employee-related actions
Loading...