Assistant Chief Financial Officer – St. Francis Hospital

MARKET SUMMARY:

Saint Francis Hospital-Memphis, TN

Saint Francis Hospital-Memphis is proud to have served the East Memphis community since 1974. Our 479-bed facility was the first full-service hospital in the rapidly growing area and has continued to grow since we opened our doors. Our 42-acre campus is home to the hospital, two medical office buildings, and the University of Tennessee/Saint Francis Family Practice Residency Building.

We strive to provide excellent care and personal service to our patients. Saint Francis has been nationally recognized for quality care by the:

 

•           American Heart Association 

•           American Society of Bariatric Surgery

•           Aetna Healthcare

•           Blue Cross Blue Shield 

•           CARF

•           CIGNA Healthcare

•           Leapfrog

•           Society of Chest Pain Centers 

•           The Joint Commission

•           United Healthcare

•           US News and World Report

 

Saint Francis Hospital-Memphis strives to provide quality, patient-centered care to the Memphis community. At Saint Francis, the patient experience is designed to help improve the quality of life of every patient who enters our doors. We are happy to offer an array of inpatient, outpatient and surgical services for patients and provide free health educational programs for our community.

 

We have a fantastic hospital, where technology and quality are exceptional.  Yet, it really is our staff that makes our hospital unique.  At Saint Francis, service is what we are all about, and it is a pleasure to serve the residents of the Greater Memphis Area and of the Mid-South.

https://www.saintfrancishosp.com/

POSITION SUMMARY:

The Assistant Chief Financial Officer collaborates with the Market Chief Financial Officer and assumes responsibility for the ongoing effective operation of the department by exerting a leadership role that supports the hospitals, 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 and market’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 Group Chief Financial Officer in all efforts to ensure the financial viability of the hospital 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 expenditur