Market Assistant Chief Financial Officer - Desert Network Region

COMPANY BACKGROUND:

Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company headquartered in Dallas. Our care delivery network includes United Surgical Partners International, the largest ambulatory platform in the country, which operates ambulatory surgery centers and surgical hospitals. We also operate a national portfolio of acute care and specialty hospitals, other outpatient facilities, a network of leading employed physicians and a global business center in Manila, Philippines. Our Conifer Health Solutions subsidiary provides revenue cycle management and value-based care services to hospitals, health systems, physician practices, employers, and other clients. Across the Tenet enterprise, we are united by our mission to deliver quality, compassionate care in the communities we serve. For more information, please visit www.tenethealth.com.

MARKET SUMMARY:

Desert Care Network

Desert Regional Medical Center, Palm Springs, California

Founded in 1948, Desert Regional Medical Center has long been a part of the Palm Springs community. This 385-bed tertiary acute-care hospital is the Coachella Valley’s only Level 1 designated trauma center, Comprehensive Stroke Center and Level 3 Neonatal Intensive Care Unit serving patients from the San Gorgonio Pass to the Arizona border in Southeastern California.

Additional services include The Comprehensive Cancer Center, Inpatient and Outpatient Orthopedics Programs, Inpatient and Outpatient Cardiology Services including Interventional Cardiology, Electrophysiology, and Cardiac Surgery, The Center for Weight Management, Labor and Delivery, Maternal Fetal Medicine, Pediatrics, Inpatient and Outpatient Rehabilitation including and Acute Rehabilitation Unit and Skilled Nursing Unit

Desert Regional Medical Center is a part of the Desert Care Network which includes JFK Memorial Hospital in Indio, Hi Desert Medical Center in Joshua Tree, and San Gorgonia Memorial Hospital in Banning.  The Desert Care Network also includes the El Mirador Ambulatory Surgery Center in Palm Springs, the Continuing Care Center in Joshua Tree and over a dozen outpatient practice locations, 

Desert Regional Medical Center is proud to be recognized as a healthcare leader in the Coachella Valley. As a result of the efforts of all our caregivers, the hospital has received accolades from many local, regional, state and national organizations for its excellent service to the community.

https://www.desertcarenetwork.com/

Hi-Desert Medical Center, Joshua Tree, California

Hi-Desert Memorial Health Care District is comprised of 179 licensed beds: the Hi-Desert Medical Center, a 59-bed primary care hospital, and the Continuing Care Center, a 120-bed skilled nursing facility on the campus of Hi-Desert Medical Center.  Hi-Desert Medical Center is a Level 4 Trauma Center and a Stroke Ready Center.

John F. Kennedy Memorial Hospital, Indio, California

John F. Kennedy (JFK) Memorial Hospital was founded in 1966. The hospital grew from a 112-bed hospital to the 145-bed JFK Memorial Hospital of today.

• Emergency Care 24/7
• Level 4 Trauma Center
• Primary Stroke Center
• Orthopedic and Joint Replacement Services using emerging technology
• Cardiovascular Services
• Maternity Care and Pediatric Services
• Ambulatory Surgery Center
• Imaging Services

POSITION SUMMARY:

The Market Assistant Chief Financial Officer (MACFO) is responsible for safeguarding facility assets and ensuring the integrity and accuracy of financial statements in accordance with GAAP. This role helps oversee compliance with financial policies, the effectiveness of internal controls, and overall financial governance.
As a key member of the facility leadership team, the MACFO partners with the CFO, CEO and A-Team to develop and execute strategic and financial plans, while maintaining strong relationships with internal stakeholders and external regulatory bodies.

The Market Assistant Chief Financial Officer collaborates with the Market Chief Financial Officer and assumes responsibility for the ongoing effective operation of the department by exerting a leadership role that supports the hospitals, mission, vision, goals and objectives while focusing on the patient, physicians, employees, volunteers and the community as customers.  The Market Assistant Chief Financial Officer supports the continuous assessment, improvement, coordination and integration into the hospitals’ and market’s financial functions. 

FUNCTIONAL EXPECTATIONS & REQUIREMENTS: 

The Market ACFO helps lead financial strategy, planning, and performance management for the facility, including risk identification, mitigation, and communication of financial risks and opportunities. This role collaborates closely with corporate functions (e.g., Accounting, Audit, Legal, Treasury, IT) to ensure alignment and operational effectiveness.

Key responsibilities include (supporting the CFO/Market CFO):

• Financial Performance & Planning
  • Analyze daily operating results to ensure that revenues, expenses, and labor are within budgeted objectives; advise department heads and administration of needed changes and improvements
  • Drive productivity and length of stay (LOS) initiatives to optimize operational efficiency, resource utilization, and financial performance
  • Develop and manage annual budgets, forecasts, and cash flow plans (including rolling forecasts)
  • Provide accurate, timely financial reporting and analysis
• Controls & Compliance
  • Maintain strong internal controls, financial systems, and recordkeeping
  • Ensure compliance with regulatory requirements, GAAP, and company policies
  • Promote ethical financial practices and audit readiness
• Revenue Cycle & Operations
  • Manage revenue cycle performance, including denials management, reimbursement, charge capture, and collections
  • Partner with stakeholders to improve financial and operational outcomes
• Capital & Investment Management
  • Evaluate capital projects and business opportunities, assessing financial impact and ROI
  • Manage capital deployment in alignment with financial plans
• Strategic Leadership
  • Partner with executive leadership on strategic initiatives, growth opportunities, and financial planning
  • Analyze new business opportunities, including managed care contracts and program expansion

ORGANIZATIONAL LEADERSHIP - EXPECTATIONS & REQUIREMENTS:

The Market ACFO is expected to help drive financial and operational excellence through:

• Judgment & Execution: Deliver consistent financial performance, maintain strong controls, and adapt to market dynamics
• Strategic Partnership: Act as a trusted advisor to the CFO, contributing to growth, cost management, and long-term strategy
• Financial Influence: Translate complex financial concepts into actionable insights across all levels of the organization
• Operational Rigor: Set clear financial targets, monitor performance, and drive accountability
• Talent Development: Build and develop high-performing finance teams, ensuring strong succession pipelines

CANDIDATE EXPERIENCE, ATTRIBUTES AND EDUCATION REQUIREMENTS:

Experience:

• 5+ years of progressive financial leadership experience; Healthcare/hospital experience is required
• Strong background in financial operations, planning, reimbursement, and capital management
• Demonstrated success improving financial performance in complex environments
• Experience with managed care contracting and regulatory compliance

Skills & Attributes: 

• Strong business acumen with the ability to translate complex data into clear insights
• Collaborative leadership style with ability to influence across functions
• High integrity, sound judgment, and strong communication skills
• Proven ability to operate effectively in fast-paced, high-pressure environments

Education:

• Bachelor’s degree in Finance or Accounting required (or Business degree with Accounting/Finance focus or a CPA)
• MBA, MHA, and/or CPA strongly preferred

• Pay: $160,000-$240,000 annually. Compensation depends on location, qualifications and experience.
• Position may be eligible for Annual Incentive Plan bonus of 10%-50% depending on role level.
• Management level positions may be eligible for sign-on and relocation bonuses