Chief Financial Officer

Job Responsibilities:  

• Demonstrates responsibility for compliance with Medicare and Medicaid regulations; Federal, State, and third party payer regulations relating to Health system policies, procedures, mission, vision and values. 

• Enables staff to have access to regulations and billing requirements. 

• Maintains policies and procedures. 

• Monitors compliance with regulations, policies, and procedures. 

• Promotes staff education of changes in regulations, policies and procedures on an ongoing basis. 

• Responsible for the financial status of the Health System and subsidiary organizations. 

• Reports to Administration, Board of Directors, and appropriate committees. 

• Coordinates and directs development of Health System budget. 

• Determines fund availability and appropriate timing for capital budget expenditures. 

• Promotes cost containment. 

• Monitors monthly budget reports of all areas and responds appropriately. 

• Reviews alternate financing possibilities and makes appropriate recommendations. 

• Annually reviews insurance needs of the Health System and makes appropriate recommendations. 

• Examines requirements for bond issues and maintains compliance. 

• Controls, coordinates, and evaluates General Accounting functions. 

• Conducts annual review of policies and procedures for assigned areas. 

• Reviews and approves revisions to policies and procedures for assigned areas as needed. 

• Ensures assigned areas are compliant with JCAHO requirements. 

• Responsible for staff assigned areas. 

• Ensures staff are performing in accordance with the expectations of their assigned responsibilities. 

• Evaluates direct report employees and ensures other staff evaluations are completed appropriately and in a timely manner. 

• Handles employee concerns. 

• Promote staff morale and positive relations with employees.