ACG Cares
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We're Hiring a Chief Financial Officer!
?? HealthFirst Bluegrass is on the lookout for a
visionary CFO
to join our senior leadership team and help drive financial strategy that supports our mission to provide accessible, high-quality care to our community. If you’re a dynamic leader who thrives in nonprofit healthcare, knows their way around numbers
and
people, and is ready to make a lasting impact — this is your moment! ? ? Lead with purpose ? Shape strategic decisions ? Drive financial sustainability ? Work alongside passionate leaders ? Make a difference in Lexington, KY JOB SUMMARY The Chief Financial Officer provides leadership and direction for financial services throughout HealthFirst Bluegrass (HFBG). This individual is responsible for the development and implementation of credible financial analysis and guiding decisions to preserve the financial position, compliance and performance of the organization. The CFO will collaborate with other senior management to address, interpret, resolve and monitor a broad and diverse range of financial, operational and strategic issues. The CFO contributes to the overall management of the organization by driving key strategies and financial performance as a member of the Senior Leadership Team. The CFO must also be able to communicate effectively with both clinical leadership and the Board of Directors. ESSENTIAL DUTIES and RESPONSIBILITIES Exercise financial management and leadership to support the organization and the efficient delivery of services that meet the needs of patients, families, and the community. Actively participate with the Board and management in setting the strategic direction for HFBG. Maintains accountability to the CEO for the financial results of HFBG. Works collaboratively and effectively as a member of the senior leadership team in developing overall strategies to position HFBG for financial sustainability. Oversee all finance functions, including financial reporting, accounting, managed care contracting, operating and capital budget process, strategic financial planning and analysis, patient accounts, patient access, revenue cycle/business office functions, insurance coverage and treasury functions. Oversees facilities management of the Center. Oversees 340B Contract Pharmacy program. Plan, organize, coordinate, and control financial policies to control receipt of revenue, expenditure of funds, and conservation of the Center’s assets. Establish an integrated financial plan of operation, short-term and long-term, compatible with the Center’s strategic plan. Implement contemporary, best practice processes for budgeting, financial planning, capital planning, and capital investment decision making and reporting. Negotiate agreements with payors for healthcare services, including a strong knowledge of understanding risk contracts. Provide consultation to the Board in areas of organizational and financial strategy and policy to keep the governing body aware of trends, innovations and opportunities that will support the Center’s strategic directions. Establish a formal budget program providing a standard of measurement to evaluate actual performance on a timely basis. Lead budgeting efforts to ensure that organizational processes are efficient, effective, and integrated; work with clinical and operational leaders in making their operating and capital budgets efficient. Provide variance analysis education and support to operations and clinical leaders and others as appropriate. Provide leadership for strategic financial and capital decision making; see the “whole picture” and monitor balance sheet performance and appropriate capital distribution as part of the capital allocation process. Provide financial and strategic analysis of all proposed projects and their short- and long-term impact on the overall financials of the organization. Maintain standards in accordance with regulatory, licensing and credentialing agencies, Generally Accepted Accounting Principles as well as regulatory and general audit requirements. Keep abreast and ensure compliance with directives issued by governmental/regulatory agencies or third-party payors. Work closely with those throughout the organization, in particular, to address revenue cycle and cost reduction issues, work redesign and overall performance improvement efforts. Develop a team within the Finance department who can lead continuous improvement efforts to improve finance departmental processes and effectiveness. Ensure the development and retention of the next generation of finance leaders through passionate mentorship and a genuine commitment to others’ success. Interview, hire, develop, counsel, direct, coach, and, when necessary, discharge subordinate personnel. Counsel subordinates regarding resolution of complex employee relations problems in their areas. Recognize the importance of the teammate community; foster a collaborative and rewarding work environment. Embrace a collaborative leadership style that recognizes the necessity of interdependence in achieving organizational goals.
Utilize organizational-wide thinking in decision-making; Engage other leaders to drive results across internal departmental boundaries; Invest time to build relationships and handle conflicts in a constructive manner; Share information, resources, knowledge and time; Engage with other leaders for input on policies and procedures and communicate effectively with organization.
QUALIFICATIONS Master’s degree in a related field and 8 to 10 years of broad-based applicable experience, OR a Bachelor's degree in Accounting with a CPA certification and 10 years of related experience will be considered. Experience is preferred in a community agency6 years of experience must be at the management level; must have senior leadership management experience in an agency/organization that has/had an annual operating budget of at least $5 million or more.
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We're Hiring a Chief Financial Officer!
?? HealthFirst Bluegrass is on the lookout for a
visionary CFO
to join our senior leadership team and help drive financial strategy that supports our mission to provide accessible, high-quality care to our community. If you’re a dynamic leader who thrives in nonprofit healthcare, knows their way around numbers
and
people, and is ready to make a lasting impact — this is your moment! ? ? Lead with purpose ? Shape strategic decisions ? Drive financial sustainability ? Work alongside passionate leaders ? Make a difference in Lexington, KY JOB SUMMARY The Chief Financial Officer provides leadership and direction for financial services throughout HealthFirst Bluegrass (HFBG). This individual is responsible for the development and implementation of credible financial analysis and guiding decisions to preserve the financial position, compliance and performance of the organization. The CFO will collaborate with other senior management to address, interpret, resolve and monitor a broad and diverse range of financial, operational and strategic issues. The CFO contributes to the overall management of the organization by driving key strategies and financial performance as a member of the Senior Leadership Team. The CFO must also be able to communicate effectively with both clinical leadership and the Board of Directors. ESSENTIAL DUTIES and RESPONSIBILITIES Exercise financial management and leadership to support the organization and the efficient delivery of services that meet the needs of patients, families, and the community. Actively participate with the Board and management in setting the strategic direction for HFBG. Maintains accountability to the CEO for the financial results of HFBG. Works collaboratively and effectively as a member of the senior leadership team in developing overall strategies to position HFBG for financial sustainability. Oversee all finance functions, including financial reporting, accounting, managed care contracting, operating and capital budget process, strategic financial planning and analysis, patient accounts, patient access, revenue cycle/business office functions, insurance coverage and treasury functions. Oversees facilities management of the Center. Oversees 340B Contract Pharmacy program. Plan, organize, coordinate, and control financial policies to control receipt of revenue, expenditure of funds, and conservation of the Center’s assets. Establish an integrated financial plan of operation, short-term and long-term, compatible with the Center’s strategic plan. Implement contemporary, best practice processes for budgeting, financial planning, capital planning, and capital investment decision making and reporting. Negotiate agreements with payors for healthcare services, including a strong knowledge of understanding risk contracts. Provide consultation to the Board in areas of organizational and financial strategy and policy to keep the governing body aware of trends, innovations and opportunities that will support the Center’s strategic directions. Establish a formal budget program providing a standard of measurement to evaluate actual performance on a timely basis. Lead budgeting efforts to ensure that organizational processes are efficient, effective, and integrated; work with clinical and operational leaders in making their operating and capital budgets efficient. Provide variance analysis education and support to operations and clinical leaders and others as appropriate. Provide leadership for strategic financial and capital decision making; see the “whole picture” and monitor balance sheet performance and appropriate capital distribution as part of the capital allocation process. Provide financial and strategic analysis of all proposed projects and their short- and long-term impact on the overall financials of the organization. Maintain standards in accordance with regulatory, licensing and credentialing agencies, Generally Accepted Accounting Principles as well as regulatory and general audit requirements. Keep abreast and ensure compliance with directives issued by governmental/regulatory agencies or third-party payors. Work closely with those throughout the organization, in particular, to address revenue cycle and cost reduction issues, work redesign and overall performance improvement efforts. Develop a team within the Finance department who can lead continuous improvement efforts to improve finance departmental processes and effectiveness. Ensure the development and retention of the next generation of finance leaders through passionate mentorship and a genuine commitment to others’ success. Interview, hire, develop, counsel, direct, coach, and, when necessary, discharge subordinate personnel. Counsel subordinates regarding resolution of complex employee relations problems in their areas. Recognize the importance of the teammate community; foster a collaborative and rewarding work environment. Embrace a collaborative leadership style that recognizes the necessity of interdependence in achieving organizational goals.
Utilize organizational-wide thinking in decision-making; Engage other leaders to drive results across internal departmental boundaries; Invest time to build relationships and handle conflicts in a constructive manner; Share information, resources, knowledge and time; Engage with other leaders for input on policies and procedures and communicate effectively with organization.
QUALIFICATIONS Master’s degree in a related field and 8 to 10 years of broad-based applicable experience, OR a Bachelor's degree in Accounting with a CPA certification and 10 years of related experience will be considered. Experience is preferred in a community agency6 years of experience must be at the management level; must have senior leadership management experience in an agency/organization that has/had an annual operating budget of at least $5 million or more.
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