Chief Financial Officer at Winner Regional Healthcare Center

Winner, South Dakota, United States -

Full Time

Start Date

Immediate

Expiry Date

08 Jan, 26

Salary

0.0

Posted On

10 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Leadership, Budget Management, Financial Reporting, Healthcare Economics, Decision Making, Communication Skills, Teamwork, Analytical Skills, Problem Solving, Interpersonal Skills, Compliance, Strategic Planning, Staff Development, Quality Management, Ethical Practices, Mentoring

Industry

Hospitals and Health Care

Description

Description Position Summary: As a Chief Financial Officer, you will serve as an integral part of the senior leadership team with responsibilities for being in charge of all accounting functions, budgets, managing financial risks, financial statements and reporting on financial performance. The annual budget is in excess of $50M. This leadership opportunity supports a 25-bed critical access hospital, 40 bed nursing home, and clinic, serving over 20,000 patients in 5 counties. Provide financial leadership, direction, analysis and support as a key member of the administrative team to meet or exceed performance expectations. Ensures the fiscally responsible delivery of safe, high quality healthcare in accordance with the mission, vision and strategic goals of Winner Regional Health. This position will be included in the Administrator on Call rotation. Other duties as assigned. Requirements Education/Experience: Business Administration Degree or equivalent. Required Credentials (Licensure, Certification, or Registration): Must have a Bachelor’s degree in Business Administration or a health-related field. Master’s degree preferred. CPA preferred. Must have five years management experience in a finance environment. Must have thorough knowledge, or the ability to gain knowledge of industry trends as well as current healthcare economics and operations, medical services and management principles. Employment Variables: Normal working hours are 8:00 a.m. to 5:00 p.m., Monday through Friday. Occasionally may need to work beyond normal working hours and/or weekends. Will be included in the Administrator on Call rotation. Initial Tuberculosis (TB) test and drug screening is required by Winner Regional Health. Rubella titer will also be drawn upon hire and immunization is required if no past exposure or indication of immunization. Required to wear name tag provided by WRH and to dress in a professional manner. Job Knowledge and Skills: Ability to read, write, speak and understand the English language. Excellent oral and written communication skills. Ability to deal with people in a professional manner. Good judgment and decision making ability. Ability to operate business office machines. Two to three years financial experience in healthcare setting. Direct Supervisor: CEO PART II: Code of Conduct Honesty We will do the right thing at all times, even if it is difficult, maintaining strong, ethical practices. We protect the confidentiality of others, including patients, staff and the facility as a whole. We will take responsibility for our actions. Expertise We will demonstrate superior judgment, training and skill, at all times, demonstrating professionalism while doing so. We will perform all aspects of our job to the best of our ability, utilizing all resources and tools available. Approachability We will be non-judgmental, friendly, and open and willing to listen to everyone we come into contact with while performing our duties. We are humble and learn from others. Respect We will be understanding and sensitive to others’ feelings; caring and responding in a manner that sets them at ease, keeping the situation in perspective without minimizing others’ feelings or reactions. We will listen to others with full attention in a sincere, civil fashion, being careful not to be judgmental of the speaker. We maintain composure when facing conflict and avoid jumping to conclusions and defaming another’s name. Teamwork We willingly work together with a common approach, trusting and supporting members of our organization, using our skills and resources, sharing information to achieve a common aim. PART III. STANDARDS OF CONDUCT FOR LEADERS Accountability Build meaningful teams and promote staff involvement. Respond to contract employee and/or customer concerns in a timely manner. Provide leadership by being available during business hours Monday-Friday. Develop and manage budget including revenue, expense and staffing. Attend and participate in continuing education, meetings and seminars. Communication Develop and maintain effective communication. Communication effectively at all levels of the organization. Notify the switchboard, your department and directors of scheduled absences. Integrity Make an effort to know the directors and facility employees. Abide by and support employees in Winner Regional Health Standards of Conduct for employees. Treat all employees with respect and fairness. Mentor-Empower Motivate and develop employees. Reward and recognize employees with good judgment. Create an environment where all employees are valued and empowered to participate in solutions. Visibility of leadership during all shifts. Organizational Understanding/Integration Links and coordinates with all departments/entities, works across boundaries, and builds mutually beneficial partnerships and networks. PART IV: ESSENTIAL FUNCTIONS Essential functions are critical or fundamental to the performance of the job. They are the major functions for which the person in the job is held accountable. Following are the essential functions of the job, along with the corresponding performance standards. Function Administrative Functions Assist the CEO in planning, developing, organizing, implementing, reviewing, and directing the day-to-day functions of the facility, its programs and activities. Assist in the development and implementation of our written policies and procedures that govern the operations of WRH. Represent the facility in the absence of the CEO. Make written and oral reports and make recommendations to the CEO concerning the operation of the facility. Supervise and coordinate activities of the Revenue Cycle with that Director regarding Patient Access, HIM, and the Business Office. Also supervise and coordinate activities of other departments such as Pharmacy, Purchasing and Finance. Direct department operations to prepare and retain records, files and reports in accordance with hospital and nursing home standards. Manage budget preparation and prepare reports as necessary to help guide management. Assist and work closely with Auditors in preparation for yearly cost reports and other monthly reports. Make recommendations to Finance Committee for investment opportunities of excess funds for best return. Conduct periodic staff meetings to inform staff of any changes in policies and procedures. Interpret and explain business policies of Winner Regional Health to employees. Quality of Care Work with department heads and the Quality Management Coordinator and QM committee to develop and implement appropriate plans of action to correct identified deficiencies and problem areas. Education Focus Acquire and maintain current knowledge in field of practice and administrative function. Interpersonal Focus Effectively relate to others, both individually and in groups. Provide clear and concise verbal and written communication. Community Focus Demonstrate leadership and positively represent organization within the community. Workforce Focus Ensure task assignments are understood and appropriate. Adapt leadership style to situations and people. Provide feedback effectively. Provide opportunities for career development. Manage work force diversity by being sensitive to differences. Promote good contract employee relations and well-being. Follow prescribed process for assessing/validating and documenting staff competency. Follow prescribed process for completion of contract employee, facility and departmental orientation. Apply effective practices in performance appraisal. Complete performance appraisals in the required time frame. Complete follow-up on action plans as necessary. Conduct annual educational needs assessment of staff. Apply effective practices in corrective/disciplinary action. Use prescribed process in dealing with corrective/disciplinary action. Deal with behavior/performance requiring corrective/disciplinary action. Demonstrate ability to foster cooperation and communication among groups. Strategic Focus Must focus work closely within the department and facility to accomplish WRH strategic priorities. Must be active in strategic planning within the organization, and must stay up to speed with current trends in healthcare. Demonstrate vision and creativity when participating in strategic and long range planning of WRH. PART V: COMPLIANCE Compliance Must comply with the Corporate Compliance Policy and all laws, rules, regulations and standards of conduct relating to the position. The contract employee has a duty to report any suspected violations of the law or the standards of conduct to the Compliance Officer or the Chief Executive Officer. PART VI: PHYSICAL AND MENTAL REQUIREMENTS General Activity In a regular workday, contract employee may: Sit 1-2 Hours at a time; up to 6-7 Hours during the day Stand 5-10 mins. Hours at a time; up to ½ hr. Hours during the day Walk Hours at a time; up to 5-10 mins. Hours during the day Motion Contract employee is required: (In terms of a regular workday, "Occasionally" equals 1% to 33%, "Frequently" 34% to 66%, "Continuously", greater than 67 %.) Bend/Stoop Occasionally Kneel, Duration 30 sec Occasionally Squat Occasionally Balance Occasionally Crawl, Distance Occasionally Twist Occasionally Climb, Height Occasionally Keyboarding/Mousing Frequently Reach above shoulder level Occasionally Physical Demand Contract employee’s job requires he/she carry and lift loads from the floor, from 12 inches from the floor, to shoulder height and overhead. Contract employee’s job requires a pushing/pulling force to move a load (not the weight of the load). Physical Demand Classification: Carrying/lifting weight and pushing/pulling force: Sedentary Frequently 10 lbs. Occasionally 25 lbs. Sensory Requirements: Yes/No Explanation (if Yes) Speech Expressing or exchanging ideas by means of the spoken word. Those activities in which they must convey detailed or important spoken instructions to other workers accurately, loudly, or quickly. Yes Directing and supervising office staff and presenting financial information to Finance Committee and budget reporting to Hospital Board. Vision (VDT) Are there specific vision requirements for the job? Yes Computer inputting, working with numbers. Hearing Ability to receive detailed information through oral communications, and to make fine discriminations in sound; i.e., making fine adjustments on machine parts, using a telephone, taking blood pressures. Yes Receiving and communicating business data by phone and computer. Environmental Factors Yes/No Explanation (if Yes) Working on unprotected heights No Being around moving machinery No Exposure to marked changes in temperature and humidity No Driving automotive equipment No Wearing personal protective equipment No Exposure to atmospheric conditions (i.e. fumes, dust, odors, mists, gases, or poor ventilation) No Exposure to extreme noise or vibration No Repetitive motion (writing & computer inputting) Yes Exposure to blood, body fluids and waste No Exposure to radiation No Exposure to other hazards (i.e. mechanical, electrical, burns, or explosives) No Emotional/Psychological Factors Yes/No Explanation (if Yes) Stress: Exposed to stressful situations Yes Making sound judgments through budget process and financial information and showing a good drop line on Income Statement. Concentration: Must be able to concentrate on work tasks amidst distractions. Yes Daily interruptions through phone calls, questions, data needed, etc. Must exert self-control. Yes Daily exerts self-control in all situations. PART VI: JOB RELATIONSHIPS Supervises 0 No supervisory responsibilities 0 Unlicensed personnel 1 Supervisory responsibility # Direct Reports: 3 # Indirect Reports: 17 Age of Patient Populations Served 0 Neonates: 1-30 days 0 Infant: 30 days - 1 yr 0 Children: 1- 12 yrs 0 Adolescents: 13- 18 yrs 0 Adults: 19- 70 yrs 0 Geriatrics: 70+ yrs 1 All 0 Not applicable Internal Contacts 1 Residents 1 Providers: (i.e. Physicians, Therapists, Social Workers) 1 Staff: (i.e. clinical and administrative support staff) 1 Volunteers 0 Others: External Contacts 1 Residents 1 Families/Significant Others 1 Providers 1 Vendors 1 Community and Health Agencies 1 Regulatory agencies 1 Other: Job Applicants

Responsibilities

The Chief Financial Officer will oversee all accounting functions, manage financial risks, and report on financial performance for a healthcare organization. This role includes budget preparation and ensuring the delivery of high-quality healthcare in alignment with the organization's strategic goals.