Chief Financial Officer
OakLeaf Surgical Hospital
- Altoona, WI
- Permanent
- Full-time
- Develop, implement, and continually refine financial strategies in alignment with the organizational goals and objectives.
- Collaborate with the executive team to align financial objectives with the hospital's mission and patient care goals.
- Provide accurate financial forecasts to support strategic decision-making and resource allocation.
- Provide recommendations to the CEO and Board of Directors to support informed financial decision making.
- Oversee all financial functions including accounting, budgeting, forecasting, and financial reporting.
- Prepare, analyze, and present timely and accurate financial reports including income statements, balance sheets and cash flow statements.
- Create and manage the hospital’s annual budget, including revenue projections, expense controls, and capital allocation.
- Provide feedback on the financial or statistical results of operations suggestions for improvement.
- Monitor budget performance, identify variances, and implement corrective actions when necessary.
- Monitor and manage cash flow, investments, treasury, and financial risks.
- Manage compliance with financial regulations and reporting standards.
- Optimize the capital structure of the company to support growth and minimize costs of capital.
- Identify opportunities for cost control and process improvement in various departments across the facility.
- Monitor and manage operating expenses to maintain financial sustainability.
- Provide insights and recommendations to executive leadership based on financial analysis and key performance indicators (KPIs).
- Evaluate and prioritize capital investment projects, including surgical equipment upgrades, facility expansion, and technology enhancements to support growth and excellence in patient care.
- Participates in internal and external audits.
- Oversee revenue cycle, including billing and collections to maximize revenue while ensuring compliance with healthcare regulations.
- Oversee the overall purchasing and materials management for the hospital.
- Oversee health information management, including coding, medical records, transcription and admissions.
- Work collaboratively with all departments and members of leadership at Surgical Partners.
- Direct, administer and manage the operations of assigned departments.
- Manage workflow, establish priorities, and delegate job duties and responsibilities of direct reports.
- Monitor direct reports adherence to Hospital protocols and procedures.
- Provide performance management directive including annual evaluations, coaching, development, and corrective action to direct reports.
- Engage in staff development through education and training.
- Ensure direct reports have adequate equipment and resources to carry out high quality patient care.
- Perform as administrator on-call every fifth week.
- Attend meetings during and outside of normal business hours as needed.
- Other duties assigned.
- Knowledge of financial principles, including financial analysis, budgeting, forecasting and financial reporting.
- Knowledge of relevant financial regulations and compliance requirements.
- Knowledge of financial risk assessment and management, including experience with insurance, hedging and other risk mitigation strategies.
- Knowledge of healthcare industry-specific trends and challenges.
- Strong analytical skills to interpret financial data, identify trends, and make data-driven decisions.
- Ability to take control of situations and dictate subordinate activities in a responsible manner.
- Ability to instruct and train in policies and procedures.
- Ability to prepare performance evaluations and make recommendations regarding unsatisfactory employees.
- Ability to assign work, add or delete, plan work and establish priorities.
- Ability to comprehend, retain and apply the requirements of any governmental or regulatory body.
- Ability to build consensus and commitment among various stakeholders.
- Ability to understand and address complex issues in the critical areas of healthcare, including but not limited to regulatory/legislative changes and physician partnerships.
- Ability to maintain high ethical standards, integrity, and professionalism consistent with OakLeaf’s Customer Service Standards
- Ability to relate and work effectively with others.
- Ability to operate various types of equipment – standard office equipment, computers, and intermediate knowledge of Microsoft Office and other programs as assigned.
- Ability to use Electronic Medical Record system.
- Other equipment could be required.
- Ability to define problems and deal with a variety of situations.
- Ability to think strategically and analytically.
- Ability to make decisions independently with strong decision-making capability.
- Ability to think quickly, maintain self-control, and adapt to stressful situations.
- Ability to use a fact-based approach to assessing and designing solutions.
- Ability to exhibit excellent communication, presentation, and listening skills.
- Ability to communicate effectively with other members of the staff, physicians, patients, and corporate partner.
- Ability to exhibit strong communication, presentation and listening skills to ensure facility-wide collaboration and coordination.
- Ability to develop, interpret and implement local policies and procedures; general correspondence; and Federal, State, and local regulations.
- Ability to communicate in English in both written and verbal format.
- Ability to perform advanced mathematical calculations.
- Demonstrates eligibility for employment in the U.S.
- A Master’s degree in Finance or Accounting required
- Certified Public Accountant certification required
- Ten (10) or more years’ experience in financial leadership roles within the healthcare industry required, preferably in a surgical or acute care hospital setting.
- Demonstrated proficiency in healthcare-specific financial software and systems used for accounting, financial analysis, and reporting required.
- Demonstrated proficiency in General Accepted Accounting Principles (GAAP) and SOX compliance required.
- Fellow of the Healthcare Financial Management Association preferred.
- Comprehensive health, dental, and vision insurance
- Health Savings Account with an employer contribution
- Company paid life insurance
- Free meals
- PTO
- 401(k) retirement plan with 4% company match
- Tuition reimbursement
- Wellness reimbursement