Tenet Healthcare
Chief Financial Officer- St. Luke’s Baptist Hospital
Tenet Healthcare, San Antonio, Texas, United States, 78208
Chief Financial Officer - St. Luke’s Baptist Hospital
Join to apply for the Chief Financial Officer - St. Luke’s Baptist Hospital role at Tenet Healthcare.
Market Summary St. Luke’s Baptist Hospital has 287 licensed beds and key service lines include Cancer Care, Cardiovascular Care, Digestive Disorders, Emergency, Imaging Services, Neurology, Orthopedics, Pediatric Care, Rehabilitation Services, Spine Care, Stroke & Neurosurgery, Surgical Services, Vascular, and Women's Health. St. Luke’s Baptist Hospital has been providing the San Antonio community with quality, compassionate care since 1978. Located in the South Texas Medical Center, St. Luke's experts offer trusted care focused on the patient and family. That’s Baptist Care.
At St. Luke’s Baptist Hospital, you will benefit from:
A hospital that's part of the Brain & Stroke Network, delivering faster, high-quality stroke care and improved brain outcomes. St. Luke’s was the first Comprehensive Stroke Center in the city.
The Joint Club, offering expert orthopedic care with pre- and postoperative teaching and support groups for joint replacement patients.
Labor and delivery services with private rooms and advanced technology.
Comprehensive surgical program with minimally invasive robotics across multiple specialties.
Position Summary The Chief Financial Officer has responsibility for safeguarding the facility assets and ensuring the financial statements, including the books and records, are prepared and maintained in accordance with GAAP. The CFO ensures compliance with company financial and accounting policies and procedures and that internal controls are effective in design and operation, including routine monitoring of controls. The CFO is a key member of the Facility A-Team and participates in establishing and implementing strategic business plans for the facility. The CFO is a member of the facility management team that interacts with internal and external constituents, including regulatory bodies.
Functional Expectations & Requirements The CFO is responsible for identifying and independently assessing financial risk, establishing and monitoring mitigation plans, and communicating financial risk and opportunity to the Group Chief Financial Officer and Facility Chief Executive Officer. The CFO monitors financial performance and maintains reasonable financial plans and forecasts. The CFO must have strong business acumen to work with home office departments such as Compliance, Home Office Accounting/Financial Reporting, Information Systems, Internal Audit, Legal, Treasury and other support services. The CFO is responsible for monitoring the revenue cycle process and, with revenue cycle stakeholders, improving the revenue cycle through rate setting, charge capture, managed care negotiations, and cash collections. The CFO evaluates and manages investments in capital projects by applying unbiased scrutiny to determine financial impact and ROI and manages capital spend in accordance with cash flow projections.
As Such, The 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; approve financial expenditures up to the level established by the CEO.
Keep abreast of government regulatory requirements and the reimbursement environment to develop and implement changes to policies and procedures as needed.
Ensure that the financial operations of the facility are carried out in an ethical, responsible manner.
Establish and monitor the annual operating budget according to budgeting principles and home office guidelines; interface with Human Resources and other departments for workforce plans and salary/benefit proposals.
Evaluate the facility’s overall financial position and prepare periodic financial and operating reports; provide consistent financial, accounting and reporting processes throughout the facility.
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 leadership in developing major strategic and financial plans, including capital expenditure programs.
Review, evaluate and ensure the effectiveness of all financial and accounting systems; direct the development and implementation of new systems, policies and procedures as required.
Assist in developing new business by analyzing the feasibility of new programs, including managed care contracts, and advise management of the financial prospects.
Attend promptly to administrative details of the position including signing documents, preparing reports, performance appraisals and other employee-related actions.
Organizational Leadership - Expectations & Requirements Tenet is committed to providing the best possible care and leadership. Core competencies include the following areas.
Use Astute Judgment
Delivers year-over-year improved financial performance in a complex, matrix organization.
Demonstrates financial operational excellence in planning, contracts, budgeting, capital financing and cash management.
Maintains high ethical standards with compliance, internal controls, audits, and SOX reporting.
Gauges external factors and trends to forecast strategy and budgeting (e.g., targets for staffing, supply cost, EBITDA, AR days, cash flow).
Identifies gaps in the current plan and refreshes outlook and strategy as needed (e.g., case management, staffing, net revenue management).
Shape Strategy
Partner at facility, market, and home office level to pursue revenue opportunities (e.g., payer mix, reimbursement, acquisitions, bad debt reduction, EBITDA growth).
Work with the team to identify challenges and opportunities (e.g., department improvements, capital prioritization, manpower planning, supply management).
Partner with the CEO, influence strategic decisions with a bold yet respectful perspective (e.g., cost containment, capital forecasting, productivity).
Apply Financial Insights
Demonstrates excellence in formal and interpersonal communications that foster financial understanding across the organization.
Engages managers and physicians to improve short- and long-term results (e.g., department plans, inventory management, labor reporting).
Balances prudent risk with growth and service quality; acts as a financial consultant to the facility.
Drive Organizational Success
Sets realistic and aggressive financial goals, targets, and metrics aligned with objectives (e.g., cash goals, A/R days, HIM coding quality).
Maintains fiscal discipline with budgeting, reporting cycles, and internal controls; ensures timely sign-off on monthly reconciliations.
Builds consensus across diverse teams and priorities.
Monitors performance and takes corrective action as needed (e.g., contracts, strategic direction).
Maintains high quality standards in financial statements, reports, and audits.
Develop Organizational Talent
Shapes roles to maximize capability and performance; provides performance feedback and development plans.
Engages in talent assessments and recruitment/promotions to meet current and future requirements.
Candidate Experience, Attributes And Education Requirements At least ten years of progressive financial healthcare or equivalent experience in general accounting, operations, financial systems, financial statement preparation, analysis, multi-discipline management, and ethics.
Good organizational skills with the ability to prioritize and manage workload under pressure.
Ability to translate complex finance and compliance issues for broad audiences.
Proven track record in facility finance with demonstrated improvement in financial performance.
Experience negotiating managed care contracts.
Extensive financial management experience including operations, planning, contracts, reimbursement, budgeting, and capital financing.
Understanding of healthcare trends and opportunities.
Proven experience as a CFO in a competitive market.
Professional Attributes
Collaborative problem-solver who builds consensus and aligns resources to achieve results.
Broad financial thinker who can navigate ambiguity and translate vision into actionable plans.
Innovative thinker who introduces new approaches.
Personal Attributes
Highest integrity; earns respect from peers and leadership.
Active listener with clear communication; maintains ongoing dialogue with employees.
Ability to work with stakeholders critical to financial tasks.
Excellent presentation skills; articulate and gracious demeanor.
Education/Certifications A Bachelor's degree in Finance or Accounting is required. An MBA, MHA and/or CPA designation strongly preferred.
Travel: Minimal.
Tenet complies with federal, state, and local laws regarding mandatory vaccination of its workforce. If offered this position and vaccination is required by law, you will be required to show proof of full vaccination or obtain a legal medical or religious exemption prior to your start date. If you receive an exemption, you will be required to submit to regular testing as required by law.
Position Details
Seniority level: Executive
Employment type: Full-time
Job function: Finance and Sales
Industries: Hospitals and Health Care and Medical Practices
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Market Summary St. Luke’s Baptist Hospital has 287 licensed beds and key service lines include Cancer Care, Cardiovascular Care, Digestive Disorders, Emergency, Imaging Services, Neurology, Orthopedics, Pediatric Care, Rehabilitation Services, Spine Care, Stroke & Neurosurgery, Surgical Services, Vascular, and Women's Health. St. Luke’s Baptist Hospital has been providing the San Antonio community with quality, compassionate care since 1978. Located in the South Texas Medical Center, St. Luke's experts offer trusted care focused on the patient and family. That’s Baptist Care.
At St. Luke’s Baptist Hospital, you will benefit from:
A hospital that's part of the Brain & Stroke Network, delivering faster, high-quality stroke care and improved brain outcomes. St. Luke’s was the first Comprehensive Stroke Center in the city.
The Joint Club, offering expert orthopedic care with pre- and postoperative teaching and support groups for joint replacement patients.
Labor and delivery services with private rooms and advanced technology.
Comprehensive surgical program with minimally invasive robotics across multiple specialties.
Position Summary The Chief Financial Officer has responsibility for safeguarding the facility assets and ensuring the financial statements, including the books and records, are prepared and maintained in accordance with GAAP. The CFO ensures compliance with company financial and accounting policies and procedures and that internal controls are effective in design and operation, including routine monitoring of controls. The CFO is a key member of the Facility A-Team and participates in establishing and implementing strategic business plans for the facility. The CFO is a member of the facility management team that interacts with internal and external constituents, including regulatory bodies.
Functional Expectations & Requirements The CFO is responsible for identifying and independently assessing financial risk, establishing and monitoring mitigation plans, and communicating financial risk and opportunity to the Group Chief Financial Officer and Facility Chief Executive Officer. The CFO monitors financial performance and maintains reasonable financial plans and forecasts. The CFO must have strong business acumen to work with home office departments such as Compliance, Home Office Accounting/Financial Reporting, Information Systems, Internal Audit, Legal, Treasury and other support services. The CFO is responsible for monitoring the revenue cycle process and, with revenue cycle stakeholders, improving the revenue cycle through rate setting, charge capture, managed care negotiations, and cash collections. The CFO evaluates and manages investments in capital projects by applying unbiased scrutiny to determine financial impact and ROI and manages capital spend in accordance with cash flow projections.
As Such, The 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; approve financial expenditures up to the level established by the CEO.
Keep abreast of government regulatory requirements and the reimbursement environment to develop and implement changes to policies and procedures as needed.
Ensure that the financial operations of the facility are carried out in an ethical, responsible manner.
Establish and monitor the annual operating budget according to budgeting principles and home office guidelines; interface with Human Resources and other departments for workforce plans and salary/benefit proposals.
Evaluate the facility’s overall financial position and prepare periodic financial and operating reports; provide consistent financial, accounting and reporting processes throughout the facility.
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 leadership in developing major strategic and financial plans, including capital expenditure programs.
Review, evaluate and ensure the effectiveness of all financial and accounting systems; direct the development and implementation of new systems, policies and procedures as required.
Assist in developing new business by analyzing the feasibility of new programs, including managed care contracts, and advise management of the financial prospects.
Attend promptly to administrative details of the position including signing documents, preparing reports, performance appraisals and other employee-related actions.
Organizational Leadership - Expectations & Requirements Tenet is committed to providing the best possible care and leadership. Core competencies include the following areas.
Use Astute Judgment
Delivers year-over-year improved financial performance in a complex, matrix organization.
Demonstrates financial operational excellence in planning, contracts, budgeting, capital financing and cash management.
Maintains high ethical standards with compliance, internal controls, audits, and SOX reporting.
Gauges external factors and trends to forecast strategy and budgeting (e.g., targets for staffing, supply cost, EBITDA, AR days, cash flow).
Identifies gaps in the current plan and refreshes outlook and strategy as needed (e.g., case management, staffing, net revenue management).
Shape Strategy
Partner at facility, market, and home office level to pursue revenue opportunities (e.g., payer mix, reimbursement, acquisitions, bad debt reduction, EBITDA growth).
Work with the team to identify challenges and opportunities (e.g., department improvements, capital prioritization, manpower planning, supply management).
Partner with the CEO, influence strategic decisions with a bold yet respectful perspective (e.g., cost containment, capital forecasting, productivity).
Apply Financial Insights
Demonstrates excellence in formal and interpersonal communications that foster financial understanding across the organization.
Engages managers and physicians to improve short- and long-term results (e.g., department plans, inventory management, labor reporting).
Balances prudent risk with growth and service quality; acts as a financial consultant to the facility.
Drive Organizational Success
Sets realistic and aggressive financial goals, targets, and metrics aligned with objectives (e.g., cash goals, A/R days, HIM coding quality).
Maintains fiscal discipline with budgeting, reporting cycles, and internal controls; ensures timely sign-off on monthly reconciliations.
Builds consensus across diverse teams and priorities.
Monitors performance and takes corrective action as needed (e.g., contracts, strategic direction).
Maintains high quality standards in financial statements, reports, and audits.
Develop Organizational Talent
Shapes roles to maximize capability and performance; provides performance feedback and development plans.
Engages in talent assessments and recruitment/promotions to meet current and future requirements.
Candidate Experience, Attributes And Education Requirements At least ten years of progressive financial healthcare or equivalent experience in general accounting, operations, financial systems, financial statement preparation, analysis, multi-discipline management, and ethics.
Good organizational skills with the ability to prioritize and manage workload under pressure.
Ability to translate complex finance and compliance issues for broad audiences.
Proven track record in facility finance with demonstrated improvement in financial performance.
Experience negotiating managed care contracts.
Extensive financial management experience including operations, planning, contracts, reimbursement, budgeting, and capital financing.
Understanding of healthcare trends and opportunities.
Proven experience as a CFO in a competitive market.
Professional Attributes
Collaborative problem-solver who builds consensus and aligns resources to achieve results.
Broad financial thinker who can navigate ambiguity and translate vision into actionable plans.
Innovative thinker who introduces new approaches.
Personal Attributes
Highest integrity; earns respect from peers and leadership.
Active listener with clear communication; maintains ongoing dialogue with employees.
Ability to work with stakeholders critical to financial tasks.
Excellent presentation skills; articulate and gracious demeanor.
Education/Certifications A Bachelor's degree in Finance or Accounting is required. An MBA, MHA and/or CPA designation strongly preferred.
Travel: Minimal.
Tenet complies with federal, state, and local laws regarding mandatory vaccination of its workforce. If offered this position and vaccination is required by law, you will be required to show proof of full vaccination or obtain a legal medical or religious exemption prior to your start date. If you receive an exemption, you will be required to submit to regular testing as required by law.
Position Details
Seniority level: Executive
Employment type: Full-time
Job function: Finance and Sales
Industries: Hospitals and Health Care and Medical Practices
#J-18808-Ljbffr