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Division SVP Chief Financial Officer

Company: ExecuNet
Location: Tacoma
Posted on: January 12, 2021

Job Description:

Responsibilities This is a key senior management job responsible for planning, directing and administratively coordinating the financial affairs of the Franciscan Health System (FHS) in accordance with mission and business objectives and applicable regulatory requirements. An incumbent provides financial advice and expertise to the President/CEO of FHS. Also provides general administrative support for the effective overall management of FHS. Work also involves management oversight of the following functions: Property Management, Management Service Organization (PHN), Health Information Management, Patient Access, Central Business office, Non-Governmental Reimbursement and General Financial Services. 1. Plans, directs and evaluates the operations of the Financial Services division, including the FHS Business Office, General Financial Services, Property Management, Patient Access, Health Information Management, Management Services Organization (PHN) and Non-Governmental Reimbursement; develops and manages overall division budget; selects, manages, and evaluates the performance of departmental managers and support staff reporting to this position; develops and communicates performance standards. 2. Serves as a member of various Franciscan Health System committees involved in policy and procedure development, program planning, and conflict resolution as requested or approved by the President/CEO; develops programs, policies, and plans for the efficient and effective operation of FHS; participates in system-wide strategic and program planning, development and evaluation. 3. Directs the preparation of the operating, capital, and cash budgets for the management of the System in accordance with the mission, values and strategic business objectives of the organization, and all applicable regulatory requirements. 4. Consults with divisional Vice Presidents and assistant administrators to coordinate interdepartmental activities; assists in determining and implementing departmental activities and operating procedures; and assist in interpreting the FHS Mission Statement, program plans, policies, procedures, budgets, and operating statements. 5. Assists the divisional Vice Presidents, assistant administrators, and departmental managers with the preparation and management of the operating and capital budgets to assure appropriate resource allocation in accordance with the parameters established. 6. Finalizes budget requests, prepares required written narratives, and reviews the final proposal with the President/CEO; prepares, or directs the preparation of, reports, analyses, and recommendations for the financial management of the System. 7. Assumes primary responsibility for monitoring the operating, capital, and cash budgets of the System; reviews and approves departmental and/or service requests and specifications for capital expenditures. 8. Develops, and/or uses effective monitoring systems for management to assure departmental standards of performance are met, operating objectives are achieved, laws, regulations, policies, and procedures are being followed to assure the interests of the institution and the patients are properly met and protected. 9. Coordinates review and approval of the following key financial documents prior to final submission: independent and internal financial audits; Company budget documentation; Medicare cost reports; tax returns; and others as required. 10. Assumes primary responsibility for the identification and assessment of the financial implications of program plans considered for adoption by the FHS. 11. Represents FHS on external boards, commissions, associates, and committees as requested by the President/CEO. 12. Maintains contact with, and coordinates FHS 's activities with, other Catholic Health Initiative entities, other hospitals, and relevant agencies of local and state government. 13. Negotiates service contracts having a financial impact on System/hospitals ' operations. 14. Serves as staff member responsible for the Finance Committee activities of the System Board. 15. Responds to and handles patient, staff, and public complaints and grievances related to this assignment of administrative responsibilities. 16. Upon request, serves as the chief administrative officer in the absence of the hospital President/CEO. Performs related duties as required. It is essential that incumbents be able to support the values of the Franciscan Health System/Catholic Health Initiatives and interact effectively with physicians, patients, visitors and staff. Each employee is expected to demonstrate a commitment to service, hospital values, and professionalism through appropriate conduct and demeanor at all times. Job Knowledge/Skills:* Knowledge of the content, intent and application of regulations, policies, standards, operations, and requirements applicable to the business function(s) under designated scope of authority.* Knowledge of the principles, practices, regulatory requirements and FHS policies applicable to budget administration, resource/expense control, employee supervision and performance management.* Knowledge of the principles and practices of management, strategic business planning and continuous process/performance improvement.* Knowledge of the healthcare industry in general, and of the vision, values, strategies, objectives, policies and systems of the organization.* Ability to convey information effectively in verbal and written communication, and through group/business presentations.* Ability to understand financial and/or operational reports, analyze data, identify improvement opportunities and implement effective responses.* Ability to use office equipment and automated systems/applications/software at an acceptable level of proficiency.* Ability to establish and maintain effective working relationships as required by the duties of the position.* Ability to identify budget variances, compliance deficiencies and/or systemic weaknesses and implement timely corrective action to forestall or remedy.* Ability to strategize, develop, implement and evaluate business plans, initiatives, standards, budgets, and policies/procedures.* Ability to successfully lead, manage, oversee, develop and evaluate the work of subordinate staff.* Ability to keep abreast of trends, developments and regulatory requirements impacting matters within designated scope of authority.Qualifications* Requires a bachelor 's degree in accounting, finance, or related field and a Master 's degree in business administration, hospital administration, or an equivalent combination of education and experience from which comparable knowledge and abilities can be acquired.* Requires five (5) years experience in hospital financial management. * CPA (Certified Public Accountant) licensure is preferred.* Valid Washington State driver 's license.

Keywords: ExecuNet, Tacoma , Division SVP Chief Financial Officer, Other , Tacoma, Washington

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