Chief Financial Officer - Orlando Health : Job Details

Position Summary ORLANDO HEALTH HORIZON WEST HOSPITAL Orlando Health Horizon West Hospital opened its doors on January 30, 2021. The beautiful six-story, 214,000-square-foot facility features a 120-patient-bed capacity and seamlessly integrates the 78,000-square-foot emergency department and medical pavilion that began serving our community in 2018. The facility offers a full complement of services, including heart care with full cardio-diagnostic capabilities, digestive health, emergency care, outpatient imaging and lab, orthopedic and sports medicine. Advanced surgical services include minimally invasive and robotic surgery options with specialty in general, thoracic, podiatric, orthopedic and advanced gynecologic procedures. The hospital seamlessly integrates with an adjacent medical pavilion, providing multiple points of healthcare access. Orlando Health Horizon West is part of the Orlando Health system of care, which includes award-winning hospitals and ERs, specialty institutes, urgent care centers, primary care practices and outpatient facilities that span Florida's east to west coasts and beyond. Collectively, our 29,000+ team members honor our over 100-year legacy by providing professional and compassionate care to the patients, families and communities we serve. Orlando Health is committed to providing you with benefits that go beyond the expected, with career-growing FREE education programs and well-being services to support you and your family through every stage of life. We begin your benefits on day one and offer flexibility wherever possible, so that you can be present for your passions. “Orlando Health Is Your Best Place to Work” is not just something we say, it's our promise to you. About The Position The Chief Financial Officer (CFO) of Horizon West Hospital actively engages as a member of the leadership team by providing financial expertise, advice and strategic direction. Additionally, the CFO identifies financial improvements and opportunities for the organization through collaboration with the leadership team. Responsibilities Serves as a finance business partner to operational and physician leadership. Responsible for all accounting, budgetary and financial planning activities within the hospital. Assumes responsibility for the financial performance of the hospital and oversight of complex financial functions and processes. Develops strong working relationships with all ambulatory leaders and physician stakeholders. Provides financial oversight in areas including joint venture development, financing, and developing timely and accurate pro forma/ROI analysis. Translates data into a financial picture to help Management make better decisions and responds in a service-oriented fashion to opportunities while identifying risks. Is a “go to” person for leaders and operators by being visible, approachable and viewed as a problem solver and valued resource. Examines business unit performance relative to industry benchmarks and makes recommendations to the Management team. Maintains tight control of revenue and expenses. Provides financial analysis leading to sound business decisions. Assures team provides internal and external customers with accurate and timely data to support decision making and compliance. Provides accurate internal and external financial accounting and reporting. Responsible for the fiscal management of all operating budgets in assigned areas, while monitoring and promoting cost-effectiveness for the organization. Strategic and Financial Planning: Oversees the development and preparation of financial and statistical reports to support leadership in business development, strategic planning, and financial performance review. Responsible for developing and maintaining reporting to evaluate financial performance compared to key performance indicators. Leads budgeting efforts to ensure processes are efficient, effective, and integrated within the System. Works with Directors in assisting with the operating and capital budgets. Provides variance analysis, education, and support to operators and others as appropriate. Develops and interpret reports to assist leadership with evaluation of trends and/or changes in business practice. Oversees the development and preparation of predictive models to assist management with the evaluation of changing regulatory and market forces. Responsible for development of monthly, quarterly and ad-hoc forecasts to provide direction and insight for decision making. Collects, analyzes and presents financial information to assist leadership in identifying risks and opportunities. Builds and maintains strong relationships throughout the organization, community and within the field of healthcare. Provides direction and perspective on strategic business decisions. Remains current on industry trends, key competitors and other market forces. Champions best practices and assess process improvement opportunities that drive improved efficiency and productivity. Assists with, and oversees, initiatives to improve planning processes and to support strategic development with timely analysis of data. Collaborates with corporate finance and leadership to identify challenges and priorities. Oversees financial modeling, analysis and valuation of new service lines and businesses. Accounting: Responsible for maintaining an understanding of current GAAP. Assures assigned staff develop and maintain relationships with internal and external individuals and firms that are the sources of necessary information used for preparation accounting entries in the assigned areas. Manages th ework of assigned accounting and financial analyst staff to assure accurate and timely accounting and reporting. Oversees the preparation of annual cost reports, AHCA, and other regulatory filings. Assures the development and maintenance of adequate internal controls over financial reporting and protection of assets in the assigned areas. Reimbursement: Provides ongoing financial oversight in reimbursement. Responsible for completion of monthly close schedules and accounting journal entries, ensuring proper statement of contractual adjustments and third-party receivables and payables. Oversees completion of monthly managed care and other payers' close schedules and journal entries including allowances and reserves to properly state patient accounts receivable. Oversees and coordinate information gathering for the cost report audits. Possesses effective communication and interpersonal skills. Required to effectively communicate complex financial models to a wide variety of audiences through verbal and written presentations. Works closely with the corporate finance team for corporate initiatives, development of the operating budget, capital planning, and general accounting. Qualifications Educational Requirements Master's degree in Finance, Business Administration, Accounting or related field required. A Bachelor's degree in Finance, Business Administration, Accounting, or related field PLUS five (5) years of directly related work experience (in addition to the experience listed in the Experience section) may substitute for the Master's degree. Experience Requirements Minimum of three (3) years experience in healthcare financial and accounting management. Minimum of five (5) years experience in finance management, public accounting management or consulting, to include at least three (3) years managing employees. Computer experience required with an emphasis on finance related IT systems management (General Ledger, Accounts Payable, Fund Accounting, Budget, Purchasing card, Cost Accounting, etc.), spreadsheet and/or database programs.