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Senior Vice President and Chief Financial Officer
Adventist HealthCareSupport Center, United Statesfull_timeVerifiedPosted 15 Aug 2024
About the role
Support Center
As a Senior Vice President and Chief Financial Officer you will:
• Direction and administration of the financial operations of Adventist HealthCare, including development, interpretation, coordination, and administration of the organization’s policies on finance, accounting, reimbursement, supply chain, internal controls and auditing, entity CFOs.
• Maintenance of records and procedures required to adequately safeguard the assets of the hospitals.
• The CFO participates as a member of the senior leadership team and serves as Chief Financial advisor to the President and Chief Executive Officer (CEO).
• Develops financial alternatives/strategies, provides oversight on all business plans and transactions, following trends to provide guidance in financial issue problem solving with the Board, Medical Staff and Administration.
• The CFO participates in strategic planning and operational planning, in alignment with the organization s objectives and financial business plan.
• Provides advice and counsel to the CEO on business operations, strategic planning and financial management.
• Ensures compliance with federal, state, local, and organizational laws, regulations, guidelines, and best practices, including but not limited to tax laws, generally accepted accounting principles (GAAP), federal acquisition regulations (FAR), and cost accounting standards (CAS).
• Plans, directs and controls the organization’s overall financial plans and policies, accounting practices, and relationships with lending institutions, shareholders and the financial community.
• Participates in strategic operational planning in concert with the organization s goals that contribute toward population health/clinical effectiveness initiatives, new business development, Global Budget Revenue management, cost containment and maximizing productivity.
• Establishes an integrated financial plan of operation (short and long-term) compatible with the healthcare organization s objectives. Prepares annual operating and capital budget for Board approval. Prepares monthly reports to management and the Board that summarizes major variances from budget.
• Establishes an integrated financial plan of operation (short and long-term) compatible with the healthcare organization s objectives. Prepares annual operating and capital budget for Board approval. Prepares monthly reports to management and the Board that summarizes major variances from budget.
• Directs such functions as treasury, budgeting, tax, accounting, insurance activities and various financial administrative functions for the organization and its subsidiaries.
• Oversees development of and coordinates necessary and appropriate accounting and statistical data reports.
• Directs the establishment and maintenance of the organization’s accounting principles, practices, and procedures for the maintenance of its fiscal records and the preparation of its financial reports.
• Reviews, interprets, analyzes, and communicates financial reports and data to leadership, and the Board of Directors, with the use of financial ratio analysis, critically measures the organization s financial position. Serves as staff to Board Finance Committee.
• Appraises operating results in terms of costs, budgets, operating policies, trends, and increased profit opportunities.
• Provides management with a review of accounting, financial and other operations by measuring and evaluating the effectiveness of accounting and management controls.
• Assures the Board and CEO of the adequate internal controls and provides testing of such controls with disclosure to the CEO and the Board.
• Reviews, interprets, analyzes, and communicates financial reports and data to leadership, and the Board of Directors, with the use of financial ratio analysis, critically measures the organization s financial position. Serves as staff to Board Finance Committee.
Qualified candidates will possess:
•Well-prepared academically, with a graduate degree in business administration, accounting, or finance, and/or hold the CPA credential are preferred.
•Candidates must have 10 years of progressive leadership experience in a complex, multi-institutional healthcare system with at least $800 Million in annual net revenue; experience with innovative strategies and solutions beyond traditional primary, acute and tertiary care is strongly preferre
If you are a current Adventist HealthCare employee, please click this link to apply through your Workday account.
Adventist Healthcare seeks to hire an experienced Senior Vice President and Chief Financial Officer who will embrace our mission to extend God’s care through the ministry of physical, mental, and spiritual healing.
As a Senior Vice President and Chief Financial Officer you will:
• Direction and administration of the financial operations of Adventist HealthCare, including development, interpretation, coordination, and administration of the organization’s policies on finance, accounting, reimbursement, supply chain, internal controls and auditing, entity CFOs.
• Maintenance of records and procedures required to adequately safeguard the assets of the hospitals.
• The CFO participates as a member of the senior leadership team and serves as Chief Financial advisor to the President and Chief Executive Officer (CEO).
• Develops financial alternatives/strategies, provides oversight on all business plans and transactions, following trends to provide guidance in financial issue problem solving with the Board, Medical Staff and Administration.
• The CFO participates in strategic planning and operational planning, in alignment with the organization s objectives and financial business plan.
• Provides advice and counsel to the CEO on business operations, strategic planning and financial management.
• Ensures compliance with federal, state, local, and organizational laws, regulations, guidelines, and best practices, including but not limited to tax laws, generally accepted accounting principles (GAAP), federal acquisition regulations (FAR), and cost accounting standards (CAS).
• Plans, directs and controls the organization’s overall financial plans and policies, accounting practices, and relationships with lending institutions, shareholders and the financial community.
• Participates in strategic operational planning in concert with the organization s goals that contribute toward population health/clinical effectiveness initiatives, new business development, Global Budget Revenue management, cost containment and maximizing productivity.
• Establishes an integrated financial plan of operation (short and long-term) compatible with the healthcare organization s objectives. Prepares annual operating and capital budget for Board approval. Prepares monthly reports to management and the Board that summarizes major variances from budget.
• Establishes an integrated financial plan of operation (short and long-term) compatible with the healthcare organization s objectives. Prepares annual operating and capital budget for Board approval. Prepares monthly reports to management and the Board that summarizes major variances from budget.
• Directs such functions as treasury, budgeting, tax, accounting, insurance activities and various financial administrative functions for the organization and its subsidiaries.
• Oversees development of and coordinates necessary and appropriate accounting and statistical data reports.
• Directs the establishment and maintenance of the organization’s accounting principles, practices, and procedures for the maintenance of its fiscal records and the preparation of its financial reports.
• Reviews, interprets, analyzes, and communicates financial reports and data to leadership, and the Board of Directors, with the use of financial ratio analysis, critically measures the organization s financial position. Serves as staff to Board Finance Committee.
• Appraises operating results in terms of costs, budgets, operating policies, trends, and increased profit opportunities.
• Provides management with a review of accounting, financial and other operations by measuring and evaluating the effectiveness of accounting and management controls.
• Assures the Board and CEO of the adequate internal controls and provides testing of such controls with disclosure to the CEO and the Board.
• Reviews, interprets, analyzes, and communicates financial reports and data to leadership, and the Board of Directors, with the use of financial ratio analysis, critically measures the organization s financial position. Serves as staff to Board Finance Committee.
Qualified candidates will possess:
•Well-prepared academically, with a graduate degree in business administration, accounting, or finance, and/or hold the CPA credential are preferred.
•Candidates must have 10 years of progressive leadership experience in a complex, multi-institutional healthcare system with at least $800 Million in annual net revenue; experience with innovative strategies and solutions beyond traditional primary, acute and tertiary care is strongly preferre
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