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Chief Financial Officer--Healthcare----Memphis, TN, Oxford, MS, and Jackson, MS areas!!!!

PROGRESSIVE MEDICAL ENTERPRISE CORPORATE

Oxford, MS

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JOB DETAILS
SKILLS
Accounting, Auditing, Budget Management, Budgeting, Business Administration, Business Strategy, Capital Budgeting, Cash Flow, Certified Public Accountant (CPA), Channel Strategies, Clinical Outcomes, Contract Negotiation, Cost Control, Credit and Collections, Finance, Financial Analysis, Financial Management, Financial Planning, Financial Reporting, Financial Statements, Financial Strategy, Forecasting, Head of Finance, Healthcare, Healthcare Administration, Hospital, Insurance, Investment Capital, Investment Management, Leadership, Maintain Compliance, Medical Billing, Operations Management, Performance Management, Presentation/Verbal Skills, Regulations, Regulatory Compliance, Revenue Management, Statistics, Strategic Planning, Supply Chain, Team Lead/Manager, Third-Party Payer, Time Management, Training/Teaching
LOCATION
Oxford, MS
POSTED
30+ days ago
A Healthcare CFO oversees a healthcare organization's financial health, developing financial strategies, managing budgets and costs, ensuring regulatory compliance, and analyzing financial data to improve performance and long-term viability. Key responsibilities include preparing financial reports, managing revenue cycles, leading capital planning, negotiating contracts, and serving as the primary financial spokesperson to executives and the board. A strong candidate typically holds a bachelor's degree in a finance-related field, often with a master's degree or a CPA credential, and possesses experience in healthcare finance. 
Key Responsibilities

Financial Strategy & Planning:
Develop and implement financial strategies aligned with the organization's clinical and strategic goals to ensure financial viability. 
  • Budgeting & Cost Management:
  • Oversee the creation and management of operational and capital budgets, identifying opportunities to reduce costs without compromising care quality.
  • Financial Reporting & Analysis:
  • Prepare and present timely and accurate financial statements, reports, forecasts, and statistical data to leadership and the board. 
  • Regulatory Compliance:
  • Ensure adherence to healthcare laws, payer rules, and other regulations, conducting audits and training as needed.
  • Revenue Cycle Management:
  • Maximize cash flow by overseeing efficient billing, collections, and denial management processes.
  • Vendor & Payer Relations:
  • Negotiate contracts with vendors, suppliers, insurance companies, and third-party payers. 
  • Capital & Investment Management:
  • Lead capital planning and manage major investments for high-impact projects within the organization.
  • Data-Driven Decision Making:
  • Leverage financial analytics to improve financial and clinical outcomes.
  • Team Leadership:
  • Build and lead a high-performing finance team. 
  • Qualifications
  • Education:A bachelor's degree in business, finance, accounting, or a related field is typically required. 
  • Advanced Degrees/Certifications:
  • A master's degree (MBA or master's in healthcare administration/accounting) or Certified Public Accountant (CPA) certification is often preferred or beneficial for career advancement. 
  • Experience:
  • Demonstrated experience in healthcare finance, financial management, and strategic planning is essential.
  • Key Relationships
  • Chief Executive Officer (CEO):Serve as a strategic operating partner to the CEO. 
  • Board of Directors:
  • Present the hospital's financial condition and strategic financial plans to the board. 
  • Other Executives:
  • Collaborate with leaders from other departments, such as supply chain and compliance, to achieve organizational financial solvency. 

About the Company

P

PROGRESSIVE MEDICAL ENTERPRISE CORPORATE