VP CFO Denver

Joining AdventHealth is about being part of something bigger. It’s about belonging to a community that believes in the wholeness of each person, and serves to uplift others in body, mind and spirit. AdventHealth is a place where you can thrive professionally, and grow spiritually, by Extending the Healing Ministry of Christ. Where you will be valued for who you are and the unique experiences you bring to our purpose-minded team. All while understanding that together we are even better.

The Facility Chief Financial Officer (CFO) is responsible for planning and controlling all financial activities for the organization while maintaining compliance with overall policies in accordance with financial management regulatory agencies, principles, and practices appropriate for the healthcare industry and non-profit organizations. The CFO is the senior executive for Finance responsible for their designated Facility and is the financial counselor/advisor for the organization. The CFO plans, organizes, and administers the institution-wide program of financial management reporting and managed care contracting to best meet the strategic objectives of the organization. The position interacts with senior management, medical staff, hospital management/staff, patients, the public and Board of Directors. Actively participates in outstanding customer service and accepts responsibility in maintaining relationships that are equally respectful to all.

This executive position is focused on driving strategy, operational performance, and financial performance for both specific business units & the entire finance and supply chain team for the designated Campus. Key responsibilities include:
• Provide leadership in creating a culture that supports the AdventHealth mission, values, and vision.
• Develops all strategic plans & systems to further the AdventHealth mission, values, and vision.
• Demonstrate uncompromising ethics and personal integrity
• Plan, organize, implement, direct, and evaluate financial policies, procedures, processes, function, and performance to help govern financial decision-making.
• Promote financial discipline in the hospital and its subsidiaries
• Develop and provide accurate and timely operating and capital budgets, financial analysis/trends, financial statements, and reports.
• Develop, enhance, implement, and adhere to all accounting internal control policies and procedures.
• Advise on financial perspective and monitor all contract negotiations.
• Maintain current and evaluate need for additional insurance protection to minimize risk.
• Coordinate risk management/limit liability claims and lawsuits.
• Optimize handling of bank and deposit relationships while initiating policies, procedures, controls, and strategies to enhance reimbursement and cash position.
• Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
• Monitors hospital cash receipts and disbursements for accuracy and internal control
• Construct annual report.
• Practice effective cost management
• Develop, evaluate, and advise on long range financial plans, programs, and strategies.
• Models and tracks business development opportunities (proformas)
• Balance short-term and longer-term strategic objectives to maximize financial performance
• Responsible for quality assessments and continuous process improvement
• Take part in employment and performance review of finance employees
• Advise on financial perspective to the position control process.
• Provide technical financial advice, guidance and knowledge to leadership team, department, management, and finance staff.
• Presents financial analysis, results and reports to leadership and/or the Board, Finance Committee, and Medical Executive Committee.
• May oversee governmental reimbursement programs such as disproportionate share and waiver program.
• May oversee contract management for all physician contracts and leases with external parties.
• Maintain relations with external auditor and financial consultants.
• Communicate hospital operational and business matters to external stakeholders, at the CEO’s discretion
• Support and enable Corporate Compliance and Legal
• Participate in the direction and oversight of compliance programs to execute and monitor compliance with regulatory aspects of healthcare delivery.
• These additional duties may be in an individual’s scope of responsibilities: Manage productivity and labor standards across the facility, collaborate with physician enterprise on financial operations, as needed.
• Completes other duties as assigned and proactively anticipates the needs of other team members.
• May oversee additional operational areas as defined in the individual facility organizational chart.

This facility is an equal opportunity employer and complies with federal, state and local anti-discrimination laws, regulations and ordinances.