Divisional Chief Financial Officer, Community Division
Beth Israel Lahey HealthAbout the role
When you join the growing BILH team, you're not just taking a job, you’re making a difference in people’s lives.
Reporting to the Executive Vice President and Chief Financial Officer of BILH, with a dotted line relationship to the Divisional President Community Hospitals, the Divisional CFO, Community Division is responsible for the full financial functions and P&L accountability of community hospitals within BILH. This includes Beth Israel Deaconess Hospital -Needham, Beth Israel Deaconess Hospital -Plymouth, Beth Israel Deaconess Hospital -Milton, Anna Jaques Hospital, Exeter Health Resources, Winchester Hospital, and Beverly and Addison Gilbert Hospitals. The Divisional CFO, Community Division will be responsible for the development, interpretation, coordination and administration of the community hospitals policies and practices on finance, revenue cycle, accounting, insurance, managed care contracting, patient access (registration), patient financial services, internal controls, contracting/purchasing, and auditing. Serves as a member of the Finance Leadership Team of Beth Israel Lahey Health system and participates in strategic planning. The Divisional CFO, Community Division demonstrates full support of the Beth Israel Lahey Health mission through demonstrated measurable results and conduct consistent with the mission statement and strategic plan.Job Description:
Essential Duties & Responsibilities including but not limited to:
Leads, supervises, and coordinates all financial activities for the community division BILH system in collaboration with the EVP, Chief Financial Officer. In accordance with the system, prepares, organizes, coordinates, and oversees financial policies for the community division in order to control revenue reception, fund expenditure, and asset conservation.
As an executive member of the finance operations leadership team, contributes to the development and implementation of short- and long-term strategic goals, objectives, and plans that support market growth, revenue enhancement, cost containment, and productivity maximization.
Develops long and short-term operational and capital budgets that are consistent with the community division long and short-term plans and objectives.
Provides financial leadership to community hospital presidents, chief financial officers, executives, and physicians leaders to build support, ownership of goals, and active engagement in health system decisions. Monitors overall performance to ensure budgetary responsibility is met.
Provides financial skills to plan new services that create profitable income. This includes analyzing service demand, resource availability, and cost-benefit analysis for capital and staff expansion.
Collaborates with finance heads who negotiate contracts for medical services and other purchases.
Collaborates with senior executives to plan, promote, and implement organizational performance improvement activities. Makes suggestions for action, prepares action plans, and tracks performance indicators.
The incumbent will lead in the support of a strong culture of respect and belonging and work on the development and implementation of efforts that prioritize collaboration and career satisfaction.
Required Qualifications:
Advanced degree in related management disciplines, such as an MBA
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