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Northwest Health · 1 week ago

Assistant Chief Financial Officer

Valparaiso, IN

Full-time

Onsite

Lead/Staff, Director/Executive

4+ years exp

Northwest Health is seeking an Assistant Chief Financial Officer to support the hospital's financial operations and strategic decision-making. This role involves overseeing financial activities, collaborating with department leaders, and preparing for future advancement to a Chief Financial Officer position.

Health CareMedicalOncologyWellness

Responsibilities

Assists the CFO in managing all aspects of hospital financial operations, including accounting, budgeting, audits, tax reporting, and financial planning

Oversees and evaluates financial performance across service lines, departments, and cost centers, identifying opportunities for improvement

Supports the CFO in developing and implementing financial strategies that align with the hospital’s operational and strategic objectives

Assists with forecasting, productivity analysis, and long-term capital planning to ensure sustainable financial performance

Participates in the preparation and review of monthly financial statements, variance analyses, and operational performance reports

Evaluates utilization, productivity, and expense management metrics to ensure efficient resource allocation

Participates in monthly hospital operation reviews and corporate meetings, presenting financial analyses and recommendations as requested

Represents the Finance department in hospital and community settings, including Board of Directors meetings, medical staff meetings, and community outreach initiatives

Mentors and develops financial staff to enhance analytical capabilities and operational awareness

Develops leadership, business acumen, and operational knowledge necessary to advance to a Chief Financial Officer position within the network

Performs other duties as assigned

Maintains regular and reliable attendance

Complies with all policies and standards

Provides leadership, mentorship and professional development opportunities for departmental staff

Schedules employees to ensure effective use of resources. Consults with leadership on any potential staffing issues

Conducts performance evaluations, sets goals and provides feedback to staff on their performance and development

Collaborates with hospital leadership to set the strategic direction for the department, including budgeting, resource allocation and long-term planning

Monitors expenditures, ensuring cost-effective delivery of services

Evaluates and implements new technologies to enhance operational efficiency

Develops and implements departmental policies and procedures and protocols to optimize quality and overall efficiencies

Ensures compliance with all relevant regulatory bodies. May oversee the accreditation process with relevant agencies ensuring that services meet or exceed industry standards

Participates in audits, inspections and accreditation processes as applicable

Follows established quality control practices to ensure accuracy, consistency and safety

Works closely with leadership teams to coordinate and improve service delivery

Stays up-to-date with industry advancements, new technologies, and regulatory changes

May work in a staff role, when required. Ensures that duties and responsibilities are fulfilled while meeting all competencies established for that job

Qualification

Financial operations managementBudgetingFinancial planningRegulatory complianceData analysis toolsLeadership experienceHealthcare software systemsGoogleMicrosoft platformsCommunication skillsProblem-solving skillsOrganizational skillsTeam collaborationTime management