Chief Financial Officer

Purpose

Responsible for planning, organizing and directing the fiscal services functions of JCRHC, including the development, interpretation, coordination and administration of the organization's policies on finance, accounting, insurance, risk management, assessment, materials management, internal controls, financial planning, treasury functions, revenue cycle, payroll, IT, and auditing. Participates as a part of Administrative Team in planning and governance, serves as Compliance Officer, Security Officer and leader of the Compliance Committee, and serves as staff to the Finance Committee of JCRHC. Is 

responsible for Accounting/Reimbursement, Finance, Revenue Cycle, Payroll, IT, Insurance (Liability, Property & Casualty), Risk Management, Materials Management, and Managed Care Contracting. As a member of the facility's Administrative Team, the CFO participates in decisions impacting the facility and operational performance.

Essential Job Functions

•  Financial Leadership and Strategy
•  Budgeting and Financial Planning
•  Financial Reporting
•  Revenue Cycle Management including integrity and Reimbursement
•  Compliance and Risk Management
•  Operational Oversight
•  Team Management
•  Strategic Partnerships
•  Capital Management
•  Decision Support
•  Cost Control
•  Financial Forecasting and Modeling
•  Investment Strategy and Portfolio Management
•  Financial Risk Assessment and Mitigation
•  Regulatory Compliance and Tax Strategy
•  Supply Chain/Human Capital Management
•  Responsible for all IT functions in the hospital including IT infrastructure, Innovation, and IT Governance

Responsibilities and Duties

•  Financial Management and Strategy
•  Budgeting and Cost Management
•  Revenue Cycle Oversight
•  Financial Reporting and Compliance
•  Risk Management
•  Capital Planning and Management
•  Leadership and Team Development
•  Collaboration with Departments
•  Stakeholder Engagement
•  Performance Monitoring and Improvement
•  Oversight of IT
•  Compliance and Regulatory Oversight
•  Leadership and Team Development
•  Capital Planning and Management

Knowledge, Skills and Abilities - Competencies

•  Healthcare Industry Knowledge
•  Financial Principles
•  Regulatory and Legal Knowledge
•  Technology and Data Analytics
•  Investment and Capital Planning
•  Strategic Planning
•  Analytical Thinking
•  Leadership and Management
•  Communication
•  Problem Solving 
•  Technical Proficiency
•  Leadership and Values
•  Attention to Detail
•  Adaptability
•  Interpersonal Skills
•  Time Management
•  Ethical Judgement
•  Cost Accounting
•  Healthcare Reimbursement Systems
•  Billing and Coding
•  Healthcare Compliance, policy and Legislation
•  Tax Law
•  Financial Risk Management
•  Process Improvement
•  Project Management
•  Create Data- Driven Decision Making
•  Conflict Resolution
•  Change Management
•  Stakeholder Engagement
•  Ethical and Transparent Leadership

Supervisory Responsibility

Divisional/Multi-Level: The job requires direct responsibility for the management of multiple departments with staff assigned to each. The incumbent directly and indirectly supervises multiple directors, managers, and/or supervisors who in turn manage and supervise their area of responsibility. Incumbent has multiple shift responsibility for staff.

Materials Responsibility

Extremely High: Work requires an extremely high degree of responsibility for materials resources. Examples of resources could include the operating and capital budget for the entire organization. The employee has extensive authority and control over these resources. The difficulty, variety and depth of 

problems associated with these material resources are extremely complex.

Key Relationships

Co-workers/JCRHC Employees, Outside Agencies/Other Health Care Providers, Board of Trustees, Foundation Board of Directors, General Public/Visitors/Volunteers, Vendors/Clients, Third-Party Payors/Insurance Companies, Physicians/Medical Office Staff, Students/Interns/Residents/Outside 

Instructors, MercyOne Executives, other Critical Access Hospital CFO's, Iowa Hospital Association, Auditors/Review Agencies, Local Governments, Attorneys, Patients, Families, and Significant Others.

*This list is not inclusive of all duties and responsibilities that may be assigned. They are only listed as typical. Any other duties and responsibilities assigned will be of a similar nature requiring the same relative skill and capabilities.

Position Specifications Education: Masters Degree Field of Study: Finance, Business, or Healthcare Administration Special Training: Dependent Adult/Child Abuse Mandatory Reporter Training within 6 months of employment Training Preferred: CPA. FHFMA and ACHE desired Licensure / Registration: N/A Experience: More than 7 years progressive financial management experience required. Interpersonal Skills Interaction is with a wider variety of people inside or outside the organization. Communications are often extremely difficult or stressful in nature. Contact with others involves highly complex and sensitive topics. The job requires extremely well developed interpersonal skills for dealing with a range of complicated problem situations. The job requires the use of diverse communication techniques. Working Conditions There are little or no adverse environmental conditions to consider. Possible Exposure to Blood Borne Pathogens None Service Excellence Expectations Adheres to the “Values and Behavior Statement” of Jackson County Regional Health Center. Adheres to HIPAA and maintains confidentiality as relates to all patient and medical information. Works in a safe manner at all times and adheres to our safety programs and service expectations.