Eastern New Mexico Medical Center
Chief Financial Officer (CFO)
Eastern New Mexico Medical Center, Roswell, New Mexico, us, 88202
Overview
Join to apply for the
Chief Financial Officer (CFO)
role at
Eastern New Mexico Medical Center .
The CFO provides financial leadership and decision‑making to support the hospital's mission and strategic objectives. This role oversees financial operations including expense management, productivity, revenue cycle, budgeting, forecasting, financial analysis, and capital planning. The CFO collaborates with shared business partners in Accounting, Patient Access, Health Information Management, Revenue Management, Physician Practice Services, corporate Managed Care, and Human Resources to optimize daily and monthly financial operations. The CFO also manages financial risks and oversees the preparation of financial statements and reports. Departmental responsibilities typically include Accounting, Case Management, Information Systems, Health Information Management, and Patient Access.
Responsibilities
Provide financial leadership to hospital staff and management to support ownership and informed decision making that positively impacts financial performance.
Develop and implement strategies for revenue growth and margin improvement to meet financial goals.
Participate in state and federal funding initiatives to improve overall reimbursement for the facility and providers.
Analyze costs, operations, and forecast data on service lines with senior leadership to monitor progress toward financial targets.
Develop and enforce financial policies and procedures, short- and long-range goals, objectives, and plans.
Identify opportunities for cost reduction and partner with senior leadership to eliminate non‑value costs.
Ensure compliance with financial regulatory guidelines and maintain adherence to applicable standards.
Work with providers and local teams to monitor quality metrics and align them with financial objectives.
Oversee accuracy of General Ledger entries and timely reconciliation of bank accounts to the General Ledger.
Monitor cash receipts and disbursements for accuracy and internal control adherence.
Prepare and present timely and accurate monthly departmental operating reports to staff and senior leadership.
Prepare monthly exhibits for accurate presentation of all third-party reimbursement contractual allowances.
Perform other duties as assigned and comply with all policies and standards.
Qualifications
Bachelor's Degree in Accounting or Business field required.
Master's Degree in Accounting, Business Administration, or Healthcare Administration preferred.
8–10 years of progressive experience in healthcare financial management required.
5–7 years of experience in a senior financial leadership role within a hospital or healthcare system required.
1–3 years of recent acute care hospital CFO experience in a proprietary health system preferred.
Knowledge, Skills and Abilities
Comprehensive knowledge of healthcare financial operations, revenue cycle management, and reimbursement methodologies.
Strong analytical and problem-solving skills to interpret complex financial data and drive strategic decisions.
Excellent communication and interpersonal skills for collaboration with multidisciplinary teams and external stakeholders.
Leadership and team-building skills to guide staff toward achieving organizational goals.
Proficiency in financial systems, budgeting software, and ERP tools.
Commitment to regulatory compliance and high ethical standards.
Ability to manage multiple priorities in a fast-paced healthcare environment.
Licenses and Certifications
Certified Public Accountant (CPA) preferred
Certified Healthcare Financial Professional (CHFP) preferred
Seniority level
Executive
Employment type
Full-time
Job function
Finance and Sales
Industries
Hospitals and Health Care
Referrals increase your chances of interviewing at Eastern New Mexico Medical Center.
We’re located in Roswell, NM. Get notified about new Chief Financial Officer roles in your area.
#J-18808-Ljbffr
Chief Financial Officer (CFO)
role at
Eastern New Mexico Medical Center .
The CFO provides financial leadership and decision‑making to support the hospital's mission and strategic objectives. This role oversees financial operations including expense management, productivity, revenue cycle, budgeting, forecasting, financial analysis, and capital planning. The CFO collaborates with shared business partners in Accounting, Patient Access, Health Information Management, Revenue Management, Physician Practice Services, corporate Managed Care, and Human Resources to optimize daily and monthly financial operations. The CFO also manages financial risks and oversees the preparation of financial statements and reports. Departmental responsibilities typically include Accounting, Case Management, Information Systems, Health Information Management, and Patient Access.
Responsibilities
Provide financial leadership to hospital staff and management to support ownership and informed decision making that positively impacts financial performance.
Develop and implement strategies for revenue growth and margin improvement to meet financial goals.
Participate in state and federal funding initiatives to improve overall reimbursement for the facility and providers.
Analyze costs, operations, and forecast data on service lines with senior leadership to monitor progress toward financial targets.
Develop and enforce financial policies and procedures, short- and long-range goals, objectives, and plans.
Identify opportunities for cost reduction and partner with senior leadership to eliminate non‑value costs.
Ensure compliance with financial regulatory guidelines and maintain adherence to applicable standards.
Work with providers and local teams to monitor quality metrics and align them with financial objectives.
Oversee accuracy of General Ledger entries and timely reconciliation of bank accounts to the General Ledger.
Monitor cash receipts and disbursements for accuracy and internal control adherence.
Prepare and present timely and accurate monthly departmental operating reports to staff and senior leadership.
Prepare monthly exhibits for accurate presentation of all third-party reimbursement contractual allowances.
Perform other duties as assigned and comply with all policies and standards.
Qualifications
Bachelor's Degree in Accounting or Business field required.
Master's Degree in Accounting, Business Administration, or Healthcare Administration preferred.
8–10 years of progressive experience in healthcare financial management required.
5–7 years of experience in a senior financial leadership role within a hospital or healthcare system required.
1–3 years of recent acute care hospital CFO experience in a proprietary health system preferred.
Knowledge, Skills and Abilities
Comprehensive knowledge of healthcare financial operations, revenue cycle management, and reimbursement methodologies.
Strong analytical and problem-solving skills to interpret complex financial data and drive strategic decisions.
Excellent communication and interpersonal skills for collaboration with multidisciplinary teams and external stakeholders.
Leadership and team-building skills to guide staff toward achieving organizational goals.
Proficiency in financial systems, budgeting software, and ERP tools.
Commitment to regulatory compliance and high ethical standards.
Ability to manage multiple priorities in a fast-paced healthcare environment.
Licenses and Certifications
Certified Public Accountant (CPA) preferred
Certified Healthcare Financial Professional (CHFP) preferred
Seniority level
Executive
Employment type
Full-time
Job function
Finance and Sales
Industries
Hospitals and Health Care
Referrals increase your chances of interviewing at Eastern New Mexico Medical Center.
We’re located in Roswell, NM. Get notified about new Chief Financial Officer roles in your area.
#J-18808-Ljbffr