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Associate Chief Financial Officer, Vice President

Community Memorial Health System
Ventura, CA, United States
Full-time

Compensation

Salary Range : $107.69 - $123.55 / hour

The pay range above represents the lowest possible rate for the position and the highest possible rate. Factors that may be used to determine where newly hired employees will be placed in the pay range include the employee specific skills and qualifications, relevant years of experience and comparison to other employees already in this role.

Most often, a newly hired employee will be placed below the midpoint of the range.

If you are viewing this posting on a job site, please visit our company page and search for the opportunity to view the pay range : https : / / careers-mycmh.icims.com / jobs

Responsibilities

The Associate Chief Financial Officer (ACFO) has responsibility for assisting in and learning the processes for planning, organizing and managing the financial systems of Community Memorial Healthcare (CMH).

Evaluates and reports the overall financial position and the results of operations of CMH. The ACFO / VP is responsible for the financial operations, including financial planning, accounting, patient accounts, budget and reimbursement functions.

Essential Functions and Responsibilities :

Provides proactive, sound guidance, to the CFO / SVPregarding management of assets and investments, and financial trends within the organization.

  • Assists in developing and monitoring a fiscal system which complies with various local, state and federal laws, rules and regulations.
  • Develop an understanding of and keep up to date with all federal statutes surrounding participation in the Medicare and Medicaid programs, as well as Medicare fraud and abuse issues, Stark legislation, and IRS guidelines pertaining to the operation of not for profit entities.
  • Works with department Directors and patient care executives to implement financial plans and productivity benchmarks, and to monitor progress toward financial goals.
  • Is actively involved in Community Memorial's management approaches, corporate performance and the growth of a team-oriented culture.
  • Assist in developing, interpreting, coordinating, and communicating organizational policies on finance, accounting, budgeting, insurance, financial / accounting systems, internal controls, and auditing.
  • In conjunction with the CFO / SVP assists in establishing a strategic financial plan for the organization, as part of the organizations strategic planning process.
  • Manages a system of responsible Accounting practices, including budget and internal controls.
  • Generate or assist in the generation of financial statements, budgeting, preparation of analytical reports and data reporting to various governmental and other entities.
  • Ensures that all balance sheet accounts are reconciled on a monthly basis and a system of internal controls is in place to facilitate a clean audit opinion with no audit adjustments or internal control deficiencies noted.
  • Maintains effective revenue cycle processes to keep patient accounts receivable at an acceptable level and also increasing the health system's cash flow.
  • Assist in the facilitation of organization-wide financial planning, business planning, budgeting, and resource allocation processes to drive growth and profitability.
  • Manage financial risks and ensure compliance with regulatory requirements for all CMH entities.
  • Assists CFO / SVP in negotiating and coordinating payer contracts in order to maximize reimbursement.
  • Understand the benefit of and supports the organization participation in the group purchasing organization (GPO).
  • Establish and maintain effective working relationships with officials, subordinates, vendors, customers and other staff.
  • Other knowledge and abilities :
  • Principles and practices of hospital and healthcare budgeting and financial management.
  • General and governmental Accounting principles and standards.
  • Federal, state and local laws.
  • Rules and regulations influencing hospital, and other healthcare fiscal operations.
  • Principles of supervision and staff utilization.
  • Modern office practices, forms, and equipment, including the application of data processing systems to the accounting, budget, and other financial functions.
  • Principles and practice of governmental budgeting.
  • Current social, political, economic and scientific trends.
  • Critical Access Hospital special reimbursement rules and advantages.

Supervisory Responsibilities :

Directly oversees the Director of Finance and the Senior Director of Finance

Qualifications

Required :

  • Master's degree with major course work in Finance, Accounting, Business Administration or related field
  • Seven (7) years of relevant healthcare business and financial services experience
  • Four (4) years experience supervising a Controller and professional Accountants
  • Demonstrated success in implementing financial planning and management strategies
  • Demonstrated success in budgeting and monitoring financial performance

Preferred :

  • Certified Public Accountant (CPA)
  • Prior critical access hospital management experience

Overview

When it comes to quality, we're 5 Star!

Community Memorial Health System was established in 2005 when Community Memorial Hospital in Ventura merged with Ojai Valley Community Hospital.

It is comprised of these two hospitals along with a network of primary and specialty care health centers serving various communities across west Ventura County.

Our health system is a community-owned, not-for-profit organization. As such, we are not backed by a corporate or government entity, nor do we answer to shareholders.

We depend on - and answer to - the communities we serve.

Community Memorial Hospital - Ventura has been awarded a prestigious five-star rating by the Centers for Medicare & Medicaid Services (CMS)! This achievement represents thousands of people going the extra mile every day for our patients, and we are the ONLY hospital in Ventura County to earn this distinction!

Community Memorial Healthcare Benefits

To help heal, comfort, and promote health for the communities we serve, Community Memorial Healthcare takes care of our community of employees so our local community can be cared for.

That's why we provide competitive benefits, along with great career choices, training, and leadership development. Our total rewards package provides benefits that support you and your family's health and wellness in all aspects of life.

From our top tier insurance plans to our employee assistance program, take advantage of what CMH has to offer so you and your loved ones can have peace of mind now and for years to come.

CMH is here for you and your family every step of the way.

  • Competitive Pay
  • Shift Differentials
  • In-House Registry Rates
  • Fidelity 403(b) Retirement Plan
  • Paid Time Off
  • Medical (EPO / PPO), Dental, & Vision Insurance Coverage
  • Voluntary Worksite Benefits
  • Employee Assistance Program Available 24 / 7 (EAP)
  • Tuition Reimbursement
  • Public Service Loan Forgiveness (PSLF)
  • Recognition programs
  • Employee service recognition events
  • Home, Retail, Travel & Entertainment Discounts
  • National Hospital Week and National Nurses Week celebrations

Community Memorial Healthcare is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.

We strive to promote an environment where exceptional people bring diverse perspectives and find belonging, support and connection to their work in our community.

We are an AA / EEO / Veterans / Disabled Employer"

7 days ago
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