Chief Financial Officer, North Texas Medical Center

The Chief Financial Officer for this acute care hospital will follow the direction of the Hospital CEO, Board of Directors and CHC’s VP of Hospital Financial Operations. The CFO is responsible for providing leadership and oversight of the overall financial planning and financial operations for North Texas Medical Center (NTMC), Gainesville, TX while ensuring compliance with the hospital’s mission, vision, values, goals, strategic direction, and applicable laws and regulations.

The CFO appraises the organization's financial position and issues periodic financial and operating reports; directs the hospital's financial planning, revenue cycle, payroll, and accounting practices; oversees and directs treasury, budgeting, audit, tax, purchasing, real estate and insurance.

The CFO develops and implements policies and procedures to include safeguarding of assets and adherence to generally accepted accounting principles; ensures proper accountability and reporting to federal and state agencies and all matters pertinent to a fiscally responsible flow of operations. S/he assures the implementation and adherence to CHC system-wide financial policies and procedures.

The CFO is responsible for positive relationships and effective communications with lending institutions, the financial community, Community Hospital Corporation, medical staff, employees, volunteers, community representatives and board members as appropriate.

Major Responsibilities

• Assures hospital compliance with federal, state and local government laws and regulations, accrediting agency standards, hospital policies and procedures and rules and regulations. Retains all hospital accreditations, licensures and designations in good standing. Acts promptly to comply with required changes.
  
• Participates in the development of the facility’s strategic plan and short and long-term objectives which will ensure the continued growth of the facility and the provision of necessary services to the community; implementing plans and programs as approved by the governing board.
  
• Operations / Financial Management: Participates in the preparation and management of sound operating, project and capital budgets. Ensures the effective use of risk management, financial controls, productivity measures, reimbursement principles and contracting. Meets budget-critical financial metrics. Effectively negotiates third-party contracts. Provides stewardship of all financial and physical resources.
  
• Collects and analyzes data from internal and external sources regarding current way of doing business, finance, accounting, information management and related processes. Conducts needs analysis, identifies and prioritizes needs, applies good problem solving skills. Identifies alternate processes and potential solutions and acts to implement changes to improve financial operations.
• Internal Communication and Relationship: Demonstrates effective interpersonal relations including influencing/persuading at all levels inside the hospital and corporation. Builds rapport and trust with team through frequent/timely communication. Develops and maintains effective medical staff relationships. Seeks input from stakeholders. Anticipates and addresses concerns. Contributes to the creation of a culture of communication.
• Works with Board, senior management team, physicians and staff to develop, implement, and update strategies and opportunities for growth and improvement to support the hospital’s mission and respond to external and internal issues.
• Talent Development: Wants people to develop. Accurately assesses developmental needs and provides frequent feedback, coaching, and personal development opportunities. Faces up to performance and behavior problems quickly and directly. Takes action promptly to remove talent that is non-responsive to coaching and developmental activity.
  
• Champion for Change: Speaks out for change and helps staff understand reasons for, and benefits from, change. Links change to work processes and involves stakeholders in the change process. Follows through on change initiatives. Maintains the hospital’s compliance with all regulatory and legal requirements.

Supervisory Responsibilities

• Manage subordinate manager(s) who supervise employee(s) and/or supervise individual contributors as appropriate
• Provide overall direction, coordination and evaluation of all units under supervision
• Carry out supervisory responsibilities in accordance with hospital and CHC’s policies and applicable laws
• Interview, hire, and train