At a glance
Location: US-CT-Manchester
Posted: 7/1/2020
Closing: 7/31/2020
Degree: Not Specified
Type: Full-Time
Experience: Not Specified
Chief Financial Officer
Job description
POSITION SUMMARY: Under the administrative direction of the Chief Executive Officer and Regional CFO, ECHN#s CFO administers, coordinates # controls corporate fiscal services.# The CFO is responsible for the oversight of financial operations for ECHN and its subsidiaries and affiliates.# This role is an interactive role with responsibility over operations, finance, and revenue cycle.## The successful candidate will have experience in managing costs, expenses, and managing and monitoring staffing and labor costs for a hospital or healthcare system.# # MINIMUM QUALIFICATIONS: # Bachelor#s Degree. 8+ Years of Healthcare Experience. Experience in leadership with strong interpersonal skills and a proven track record of success. # PREFERRED QUALIFICATIONS: # Master#s Degree. 10+ years of experience with a large health system. Certified Public Accountant. 5+ years of experience in a financial leadership role. # ESSENTIAL DUTIES and RESPONSIBILITIES: Disclaimer: Job descriptions are not intended, nor should they be construed to be, exhaustive lists of all responsibilities, skills, efforts or working conditions associated with the job.# They are intended to be accurate reflections of the principal duties and responsibilities of this position.# These responsibilities and competencies listed below may change from time to time.# Eastern Connecticut Health Network reserves the right to change or assign other duties and responsibilities to this position. # # Managerial responsibilities for general accounting, patient billing, budgeting, reimbursement, admitting, tax functions # decision support.# Accurate timely financial reporting # the safeguarding of assets for the hospitals and organization. Participates as a member of executive management in the planning # execution of strategic # tactical initiatives. Review and approves all contracts entered into by the company. Monitors all financial agreements entered into by the company with various financing companies. Maintains compliance with restrictive covenants of the financing documents and informs the Chief Executive Officer when those covenants cannot be maintained. Corresponds with lending company to maintain established credit lines. Maintains the records of the company in accordance with Generally Accepted Accounting Principles and prepares periodic financial reports for the Regional Chief Financial Officer and other members of management. Communicates the financial performance of the organization to the management team of the hospital. Ensure that all regulatory filings (CMS, IRS, TDH, etc.) are completed and filed in a timely fashion. Communicates with regulatory agencies on legislation that will have a financial impact on the hospital and on issues arising from interpretations of existing laws and regulations. Oversees the day to day Operations of the Financial and Revenue Cycle Departments of the company.