Assistant Chief Financial Officer- Desert Regional Medical Center

MARKET SUMMA

MARKET SUMMARY:

Desert Regional Medical Center, Palm Springs, California

Founded in 1948, Desert Regional Medical Center has long been a part of the Palm Springs community. This 385-bed tertiary acute-care hospital includes an emergency department that is the Coachella Valley’s only designated trauma center, serving patients from the San Gorgonio Pass to the Arizona border in Southeastern California.

You can take advantage of a comprehensive array of services at our Palms Springs medical center, including Emergency/Trauma Services, a Comprehensive Cancer Center, the Institute of Clinical Orthopedics and Neurosciences, the El Mirador Imaging Center, the Center for Weight Management, and inpatient and outpatient rehabilitation.

In addition, Desert Regional has expanded three of its clinics -- the cancer center, clinical orthopedics and neurosciences and the imaging center – to the La Quinta campus, further extending our reach to the eastern part of the Coachella Valley.

Desert Regional has received the Joint Commission’s Gold Seal of Approval, its highest level of certification, for its Advanced Primary Stroke Center and Advanced Congestive Heart Failure Program. The hospital also has the Coachella Valley’s only Joint Commission Certified programs in Hip- and Knee-Replacement and in Spine Surgery.

Desert Regional Medical Center is proud to be recognized as a healthcare leader in the Coachella Valley. As a result of the efforts of our entire medical staff, the hospital has received accolades from many local, regional, state and national organizations for its excellent service to the community.

https://www.desertcarenetwork.com/

POSITION SUMMARY:

The Assistant Chief Financial Officer collaborates with the facility Chief Financial Officer and assumes responsibility for the ongoing effective operation of the department by exerting a leadership role that supports the hospital, 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 financial functions.  He/she is accountable for departments’ direction and coordination.

FUNCTIONAL EXPECTATIONS & REQUIREMENTS: 

The Assistant Chief Financial Officer has responsibility for supporting the Chief Financial Officer in all efforts to ensure the financial viability of the hospital network 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 expenditure programs.
• Review, evaluate and ensure the effectiveness of all financial and accounting systems in the hospital network.  Direct the development and implementation of new systems, policies and procedures as required.
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