CFO Georgia Market

N/A

Pay Range:

Major Responsibilities:

• Serve as the accountable finance leader for financial operations, including managing performance of the clinical assets (wholly owned and joint venture/other partnerships) and influencing and supporting performance of academic, research, and corporate (administrative and clinical) assets and departments.
• Manages, plans and organizes the financial operations of the Georgia Market including financial performance, analytics and reporting, planning, budgeting and capital management.
• Directs completion and reviews/reports on financial performance. Identifies, assesses, documents, and monitors opportunities to maximize revenue and manage expenses to budget/forecast. Identifies and drives opportunities for savings with executive leadership team. Evaluates and improves financial operations and related policies to ensure that they best support an integrated approach to service delivery.
• Leads collaboration efforts with Georgia Market leadership, ensuring alignment, completion and maintenance of annual Long Range Financial Plan and operating and capital budget processes. Analyzes variances to budgets/forecasts and communicates such to Market and Division operations and finance leadership. Partners with operations leaders to ensure financial targets are met and/or exceeded.
• Serves as the advisor to Georgia Market leadership, for matters that affect its financial performance, including cultivating relationships with key matrix departments such as corporate accounting, managed health resources and reimbursement, revenue cycle and health information management, supply chain, human resources, nursing, information technology, facilities management, and others.
• Works collaboratively with operations management and corporate revenue cycle departments (Patient Access and Patient Financial Services, Health Information Management, Clinical Documentation Improvement, Reimbursement) to optimize revenue and performance and better understand/enhance payer and reimbursement trends.
• Standardizes work, processes and deliverables and ensures financial integration within and across the Market and individual patient care sites.
• Presents financial information to governance boards and subcommittees and Market/Division executive and management
• Assures compliance with accounting standards and regulatory requirements. Establishes, maintains and manages accounting policies and procedures. Maintains appropriate accounts and records and provides for the rigorous audit of the activities of the organization. Assures that appropriate reporting schedules and infrastructure are in place to meet the requirements of the various regulatory agencies.
• Represents NC/GA Division and Advocate Health CFO(s), as applicable, in advising Enterprise leadership via committee, working groups, project teams, etc., in the domains of revenue growth, expense management, and strategic planning, particularly for clinical/service line and corporate operations

Certification Required:

• NA

Education Required:

• Bachelor’s degree from an accredited college or university required 

Work Experience Required:

• NA

Knowledge, Skills & Abilities Required:

• Comprehensive experience in senior financial management, including substantial experience in complex P&L management, financial reporting, accounting policy development, internal control design and remediation, systems implementation, not for profit tax compliance, and management of internal and external audit issues.
• Direct CFO or VP-Finance experience in a hospital or health system with multi-site, multi-disciplinary components, including comprehensive Medical Group/Service Lines is preferred.
• Deep understanding and experience with comprehensive revenue cycle management and reimbursement, as well as the systems that support the function and a measurable track record of success in cost management.
• Knowledge of fundamentals and advance practices in the field of financial management as it relates to integrated health systems and hospitals.
• Commitment to truth and transparency; leads with authenticity.
• Ability to quickly respond to organizational constraints and industry pressures which occur in an environment of intense change.
• In-depth understanding of the key business issues and emerging trends in the healthcare industry.
• Effectively represents the enterprise with elected officials, agency representatives and the community.
• Demonstrates capacity to rapidly analyze and synthesize relevant quantitative and qualitative information.
• Proven ability to conceptualize issues and develop pragmatic solutions.
• High energy, drive for results and focus on creating value on a sustained basis.
• Pursues innovation; drives the organization to advance the mission via breakthrough thinking.
• Visible and unifying leader.
• Ability to create and sustain outstanding interpersonal relationships; engenders trust and respect.
• Inspires excellence among staff and sets the tone for the organization’s further growth and success.
• Able to lead and influence change in a matrix environment.
• Possess strong management skills, ability to multi-task, and be able to direct and evaluate the performance of others

Preferred Job Requirements

Preferred Certification/License/Registration

• Professional certification such as a CPA and/or HFMA and ACHE designations is preferred 

Preferred Education

• Master's degree in business, finance, accounting, healthcare administration or related advanced degree preferred

This job description indicates the general nature and level of work expected of the incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the incumbent. Incumbent may be required to perform other related duties.        

Our Commitment to You:

Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more – so you can live fully at and away from work, including:

Compensation

• Base compensation listed within the listed pay range based on factors such as qualifications, skills, relevant experience, and/or training

• Premium pay such as shift, on call, and more based on a teammate's job

• Incentive pay for select positions

• Opportunity for annual increases based on performance

Benefits and more

• Paid Time Off programs

• Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability

• Flexible Spending Accounts for eligible health care and dependent care expenses

• Family benefits such as adoption assistance and paid parental leave

• Defined contribution retirement plans with employer match and other financial wellness programs

• Educational Assistance Program

Note: Eligibility for programs listed above may depend on your FTE or status (e.g., full-time, part-time, per diem, temporary, etc.); please ask a Recruiter for more information during an interview.