AHMC HealthCare · 1 month ago
Chief Financial Officer(CFO)
Anaheim, CA
Full-time
Onsite
Director/Executive
10+ years expAHMC HealthCare is seeking a Chief Financial Officer (CFO) to oversee all fiscal functions within AHMC Anaheim Regional Medical Center. The CFO will be responsible for financial planning, budgeting, and compliance while collaborating with the administrative team to achieve the hospital's strategic goals.
Health CareHospitalityWellness
Responsibilities
Plans, develops, organizes implements, directs, and evaluates ARMC’s fiscal function and performance
Provides timely and accurate analysis of budgets, financial reports, and financial trends to the CEO and the Board of Directors
As a member of the ARMC’s Administrative Team, participates in the financial and functional decision making processes necessary for the successful attainment of the hospital’s mission and/or strategic plan
Collaborates with members of the Administrative Team to develop financial goals and objectives for the hospital
Provides financial expertise in the planning of new services and the expansion of existing services promoting revenue growth
Provides proactive, sound guidance regarding management of assets and financial trends within the facility
Collaborates with department directors and patient care executives to implement financial plans and productivity benchmarks, and to monitor progress toward financial goals
Develops financial plans and authorizes operating budgets in accordance with established goals
Monitors capital asset expenditures and depreciation; prepares annual operating budgets with input and involvement at the departmental level including capital budgets and cash flow projections
Prepares hospital operating and capital budgets based on past, current and anticipated expenditures and revenues. Directs compilation of data, preparation of financial and operating reports for planning effective administration of hospital activities by management
Devises and installs new or modified accounting systems to provide complete and accurate records of hospital assets, liabilities, and financial transactions. Evaluates accounting and patient accounting procedures for quality control and to plan methods for insuring timely receipt of payment on patient records, reducing costs of accounting operations, and expediting flow of work
Keeps up to date with all federal and state statutes surrounding participation in government programs including, but not limited to EMTALA, Medicare fraud and abuse issues, Stark legislation, and IRS guidelines
Directs the facility’s information resources and plans. Ensure optimal data security systems are maintained at all times. Takes necessary steps to ensure data security of all systems
Develops and implements policies and procedures and ensures that goals and objectives are consistent with the hospital’s mission
Prepares detailed analyses of financial statements to reflect variances in income, expenditures, and capital asset values from previous periods. Makes recommendations to the Administrative Team concerning means of reducing hospital operating costs and increasing revenues, based on knowledge of market trends, financial reports, and industry operating procedures
Arranges for audits of hospital accounts. Prepares, or directs preparation of annual tax returns, annual OSHPD report, quarterly OSHPD reports, and other required governmental reporting. Prepares, or directs the preparation of the annual Medicare and Medi-Cal cost reports
Develops and establishes operating policies consistent with overall policies and objectives and ensures their adequate execution. Appraises and evaluates the results of overall operations regularly and systematically and periodically reports these results to the CEO
Establishes and communicates clear objectives and goals for all departments under supervision. Maintains adequate staff of qualified and competent personnel to satisfy departmental responsibilities
Directs the personnel management activities of assigned areas; guides subordinate directors, managers and supervisors in the selection, hiring, training and development of staff as well as performance appraisal, documentation of deficiencies, performance recognition and disciplinary action; develops, supervises and appraises direct subordinates; plans and implements disciplinary actions as needed, working with Human Resources staff as appropriate; makes recommendations to the CEO regarding the evaluation, promotion, transfer or discipline of subordinates
Responsible for positive staff morale, staff absenteeism management, and turnover for areas of responsibility
Ensures development of subordinates and succession planning
Participates in hospital-wide strategic planning activities to ensure the delivery of comprehensive and coordinated health services
Monitors and evaluates new or revised regulatory agency and industry laws, regulations, and standards applicable to assigned areas and ensures that assigned activities comply with all requirements and regulations
Maintains compliance with regulations governing hospitals and the rules of accrediting bodies by monitoring operations and initiating changes where required
Possesses general knowledge of wage and hour regulations, record keeping, and complies with company policies and procedures
Works collaboratively with Human Resources to effectively administer labor proceedings
Performs other duties as assigned
Qualification
Required
Bachelors in a related field is required, Masters in Business Administration or closely related field required
Knowledge of generally accepted Accounting Principles and Managed Care contracting
A minimum of five years of progressive administrative experience in an acute care hospital setting overseeing multiple areas. Minimum of ten (10) years' experience in healthcare industry
Comprehensive knowledge of regulatory requirements affecting acute care hospitals
Experience with accreditation/regulatory activities, performance improvement, core measures and sentinel events requirements. Proven track record of success as a CFO in an acute care hospital setting
Five years in an executive level position required
Excellent written/verbal communication and computer skills
Experience in budget preparation/operation
Possesses general knowledge of wage and hour regulations, record keeping, and complies with company policies and procedures
Company
AHMC HealthCare
AHMC HealthCare is a for-profit privately held hospital corporation.
5001-10000 employees
H1B Sponsorship
AHMC HealthCare has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
Funding
Current Stage
Late StageTotal Funding
unknown2014-01-01Series Unknown
Leadership Team
Nana Deeb
CEO
Recent News
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2024-10-30
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