Description:
THE ROLE
The Service Area CFO is a member of the ministry leadership decision-making team and sits on local leadership teams. This position is accountable for working with the local and regional leaders for setting strategies and for leading efforts to achieve operational goals and budgets for the ministry as well as assisting the team with delivering on transformation efforts. The CFO will also assist with representing the ministry in a finance leadership role with joint ventures and related boards or management teams as assigned by the Regional CFO. This person will have shared accountability for ministry and local operations and partners closely with system shared services representatives to achieve results. The CFO reports directly to the Regional CFO with a matrixed line to the Ministry Chief Executive.
ESSENTIAL FUNCTIONS
The CFO will:
Carry out the mission, vision, and values of Providence
Will Provide leadership to ensure achievement of operating results and strategies as delegated by the Regional CFO and Ministry CEO
Will work with the ministry leadership teams to solve problems and implement strategies or tactics that improve the financial performance of the ministry Will drive the details and strategy for ministry budgets
Manage to appropriate financial benchmarks and reporting indicators for the budgets
Assist the Ministry CEO with monthly operating reviews
Serve on joint venture boards or committees as delegated by regional leadership
Be accountable for working closely with shared services partners in revenue cycle (local revenue leadership committees), system accounting and reimbursement on monthly financial reporting, resource engineering and hospitality on supply and other performance improvement projects
Serve as the key finance liaison in partnership with Cedars -Sinai on financial related activities, including reporting out to local Providence-Cedars Sinai fiduciary Board and being the Chair of the Joint Financial Committee with Cedars-Sinai. Serve on other local or geographic boards and committees as appropriate; communicate to core leaders and employees regularly on financial related items. Oversee and assist the regional CFO with managing relationships with key shared services partners such as Revenue Cycle, Real Estate and Facilities (RECF), Resources Engineering and Hospitality (REH), and System Accounting and Finance. Oversee and assist the regional CFO with managing relationships with key shared services partners such as Revenue Cycle, Real Estate and Facilities (RECF), Resources Engineering and Hospitality (REH), and System Accounting and Finance.
Signature authority on appropriate documents and in concert with state and/or federal organizations to bind Providence in accordance with the system authority matrix.
Qualifications:
IDEAL QUALIFICATIONS
Required experience/education for this position include:
Bachelor's Degree in Accounting or Finance related field
12 years of closely related experience
10 years in a leadership role
Ability to use mathematical methods or formulas to solve a problem
Ability to analyze and interpret financial data
Ability to analyze information, evaluate results to choose the best solution and solve problems
Demonstrated problem solving skills
Knowledge of financial principles and practices and the ability to apply them effectively
Effective written communication skills as appropriate for the needs of the audience
Ability to develop and deliver effective presentations; live, via online or virtual mediums
Excellent collaboration and team building skills
Effective conflict management skills
Ability to effectively build relationships with customers, executive management, and other stakeholders through positive interaction and problem identification and resolution
Broad knowledge and understanding of the trends and changes taking place in health care
Ability to represent the company with external customers/clients
Demonstrates a high level of accuracy, even under pressure
Demonstrates excellent judgment and decision-making skills
Excellent organizational skills
Ability to exercise sound judgment and make decisions based on accurate and timely analysis
Ability to work within tight timeframes and meet strict deadlines
Ability to drive multiple projects to successful completion
Ability to prioritize responsibilities and to organize workload to ensure that timeframes are met, and the work is successfully completed within deadlines
Demonstrated ability to define, develop, and analyze performance measures and metrics
Demonstrated project management skills
Demonstrated planning and project oversight/management skills
Demonstrated skills in project plan design and implementation, directing projects, coordinating the work of operational teams, and managing project budgets
Effectively manages to project deadlines and escalates issues as appropriate.
Working knowledge of desktop software applications (e.g., MS Outlook, Word, Excel, Access, Internet, Email)
Knowledge of basic office practices, procedures, machines, and equipment
Demonstrable working knowledge of spreadsheet, database, word processing and desktop publishing software
Knowledge of the use of health information technology to improve care (e.g.: electronic medical records, disease registries, websites, IVR).
Preferred experience/education for this position include:
Master's Degree in Accounting or Finance related field
Certification as a Certified Public Accountant
Other certifications such as HFMA or FACHE.
We offer comprehensive, best-in-class benefits to our caregivers. For more information, visit
https://www.providenceiscalling.jobs/rewards-benefits/
Our Mission
As expressions of God’s healing love, witnessed through the ministry of Jesus, we are steadfast in serving all, especially those who are poor and vulnerable.
About Us
Providence is a comprehensive not-for-profit network of hospitals, care centers, health plans, physicians, clinics, home health care and services continuing a more than 100-year tradition of serving the poor and vulnerable. Providence is proud to be an Equal Opportunity Employer. Providence does not discriminate on the basis of race, color, gender, disability, veteran, military status, religion, age, creed, national origin, sexual identity or expression, sexual orientation, marital status, genetic information, or any other basis prohibited by local, state, or federal law.
Schedule: Full-time
Shift: Day
Job Category: Executive Finance
Location: California-Tarzana
Req ID: 352932
