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Chief Financial Officer

Company: Womans
Location: Baton Rouge
Posted on: May 22, 2023

Job Description:

If you are a job seeker with a disability and require a reasonable accommodation to apply for one of our jobs, you will find the contact information to request the appropriate accommodation by visiting the following page: Woman's Hosp Main Campus
Baton Rouge, LA 70817, USA
Description Position Overview: The Chief Financial Officer serves as the senior financial officer for all of Woman's operations. In this role, the CFO will work directly with the CEO and other Executive Leaders in supporting the development and achievement of the health system's strategic plan, growth initiatives, and annual financial / operating plans, along with management of the capital budget.Consistent with the above, the CFO will lead all of Woman's daily financial management activities. These include debt issuance and management, banking relations, cash management, financial analysis of new programs / acquisitions, and preparation of the financial statements in accordance with financial accounting standards appropriate to the health care industry.In addition to maintaining the quality and accuracy of the organization's internal financial and accounting control systems, the CFO will be called on to provide strategic input, creativity, and vision. The CFO will ensure Woman's Hospital sets the highest example for accountability, compliance, and business ethics and will also play a key role in positioning this complex health care organization in achieving its strategic objectives.In support of the CEO, the CFO will have a clear view of the big picture and limited bias toward one aspect of its performance. The CFO will be a business executive first and a financial executive second. While the CFO shares certain values and ideals with the CEO, this individual must think differently enough to provide an alternative perspective. Position Responsibilities: - Woman's Hospital firmly believes in their Mission "to improve the health of women and infants" therefore, they consider it a high priority to find the right fit for their CFO. Woman's Hospital is looking for a strong businessperson who has proven to be exceptional overall in business, as well as financial leadership. The following are essential functions for the CFO:

  • Consistently leads assessments of the financial opportunities, challenges and risks facing Woman's Hospital and its system-of-care. Puts forward pro-active ideas and approaches on how Woman's can best address these opportunities, challenges, and risks.
  • Effectively engages with executive, physician, community and JV stakeholders around Woman's services, performance, direction, etc.
  • Collaborate with Functional leadership around their Shared Services needs within Revenue Cycle Management, Finance and Supply Chain. Leads the development of world-class capabilities within these areas.
  • Guides development and deployment of new payment models, e.g., bundled payments with major regional employers. -
  • Collaborates, in a respectful and positive yet transparent / direct way, with physicians, service line and JV leadership to ensure a robust business planning process incorporating rate setting, capital planning and financial planning to support the regions strategy.
  • Effectively communicates to a variety of audiences regarding the Woman's financial performance; drivers of performance; opportunities and risks; and plans for ensuring financial success, e.g. Board of Directors, Foundation, etc.
  • Effectively manages Woman's on-going capital needs, banking relationships, investment strategies and returns, etc.
  • Responsible for maintaining and driving a culture of integrity, ethics, and transparency.
  • Innovator -- Proven innovator who identifies out-of-box solutions to solve complex problems; develops innovative solutions based on extensive cross functional knowledge of the entire organization.
  • Change Agent -- Consistently demonstrated ability to drive transformational change and improvement. Overcomes obstacles and organizational inertia. Demonstrated bias for action.
  • Fosters organizational collaboration -- Demonstrated emotional intelligence and great interpersonal skills that they use to foster collaboration across functions, their peers, and with key stakeholders.
  • Integrity - hold themselves and the organization to the highest ethical standards.
  • Great communication skills - proven ability to communicate and simplify complex ideas in written and verbal form so all parties grasp the issues, opportunity, and solution required to advance the organization. Education, Experience, & Requirements: The ideal candidate will possess the following qualifications and professional experience:
    • Bachelor's degree in Finance, Accounting, Business Administration, or equivalent discipline required. Master's degree in Finance, Accounting, Business Administration and/or certification as a CPA strongly preferred.
    • 10+ years of progressive healthcare financial leadership and administration experience; including responsibility for diverse portfolio of operations from hospital to large specialty / medical group / Physician practice finance leadership. Existing experience as the CFO / Div Financial Leader with Board / Executive Leadership exposure is strongly preferred.
    • Prior experience managing debt issuance and banking relationships. -
    • Real estate additions, expansions and transaction experience strongly preferred.
    • Highly engaged self-starter who is willing to put in the effort and thought necessary to contribute and excel. Demonstrated experience working in a highly collaborative and flat, non-hierarchical organization results driven culture.
    • In-depth knowledge of accounting principles, budgeting, cost accounting and reimbursement; solid understanding of GAAP and corporate taxes but not a technician.

Keywords: Womans, Baton Rouge , Chief Financial Officer, Executive , Baton Rouge, Louisiana

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