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Chief Financial Officer, Adult Central Campus (ACC) DMC Harper University Hospital, DMC Hutzel Women s Hospital, DMC Receiving Hospital, and DMC Heart Hospital � Detroit, Michigan
Tenet Executive Search
Chief Financial Officer, Adult Central Campus (ACC) DMC Harper University Hospital, DMC Hutzel Women s Hospital, DMC Receiving Hospital, and DMC Heart Hospital � Detroit, Michigan
Tenet Executive Search
| Reporting Relationships The Chief Financial Officer reports directly to the Chief Executive Officer of the facility. The following positions typically report to the Chief Financial Officer: Business Office Manager, Information Systems, Controller, Health Information Management (including Coding), and Materials Management. Responsibilities The Chief Financial Officer has responsibility for safeguarding the facility assets and ensuring the financial statements, including the books and records, are prepared and maintained in accordance with GAAP. The Chief Financial Officer is also responsible for ensuring compliance with company financial and accounting policies and procedures and also ensuring internal controls are effective in both design and operation, including the routine monitoring of controls. Additionally, the Chief Financial Officer is a key member of the Facility A-Team and, as such, participates in establishing and implementing strategic business plans for the facility. He/she is a key member of the facility management team that interacts and communicates on a regular basis with an array of internal and external constituents, including various regulatory bodies. The Chief Financial Officer has responsibility for the identification and independent assessment of financial risk, establishing and monitoring of mitigation plans, and for the communication of financial risk and opportunity to the Regional Chief Financial Officer and Facility Chief Executive Officer. The Chief Financial Officer is also responsible for the monitoring of financial performance and the maintenance of reasonable and appropriate financial plans and forecasts. The Chief Financial Officer must have strong business acumen in order to work collaboratively and effectively with home office departments, such as Compliance, Home Office Accounting/Financial Reporting, Information Systems, Internal Audit, Legal, Treasury and other departments that provide support services to the facility. The Chief Financial Officer is responsible for the monitoring of the revenue cycle process and, along with other revenue cycle stakeholders, the improvement of the revenue cycle process through rate setting, charge capture, managed care negotiations, and cash collections. The Chief Financial Officer is also responsible for the evaluation and management of investments in capital projects by applying unbiased scrutiny in determining the financial impact and ROI of such projects and managing the capital spend in accordance with the capital cash flow projections. As such, the CFO�s responsibilities are to:
Compensation A competitive compensation program will be tailored to the selected candidate. Base salary will be supplemented by a performance bonus and comprehensive, well-rounded benefits program, which includes relocation assistance. Travel Minimal. Qualifications: Education/Certifications A Bachelor�s degree in Finance or Accounting is required. An MBA, MHA and/or CPA designation is preferred. Required Background Experience At least ten years of progressive financial healthcare or equivalent experience in the areas of general accounting; operations; financial systems; financial statement preparation; review and analysis; multi-discipline management experience; and ethics. Good organization skills with the ability to prioritize work load and successfully manage all financial activities. Resilience to working successfully under pressure. Ability to convert complex finance, operational, and compliance issues into terms and concepts that are easily disseminated throughout all levels of the organization. A referenceable track record in facility finance, defining the issues and making the decisions to generate improved financial performance. Participation, as well as supervisory experience, in negotiating managed care contracts. Substantial financial management experience including financial operations, strategic and financial planning, contracts, reimbursement, budgeting and capital financing in a complex environment. A thorough understanding of healthcare trends with the ability to anticipate opportunities. Successful experience as a Chief Financial Officer in a highly competitive market. Professional Attributes A cooperative approach to problem-solving with the capability of building consensus and support, working across functional lines to engage disparate resources to work together to achieve desired results. A broad financial thinker and team player who works well with ambiguity and is able to transfer the vision/mission of the organization into a focused financial strategy and detailed practical plan for the future. An intuitive thinker who generates ideas and recommends new and/or modified approaches. Personal Attributes An individual of highest personal and professional integrity, principle and knowledge, earning respect and support when making difficult decisions and choices. Able to establish immediate credibility with peers, senior leadership, and medical staff. Must listen actively and accurately, encourage input from others. Provide clear directions. Maintain an ongoing dialogue with employees to ensure continual progress. Someone with the ability to work collaboratively with individuals critical to the successful execution of financial tasks. Excellent oral and written presentation skills. Articulate, good conversationalist and possessing a gracious demeanor. Job: Executive Search Primary Location: Detroit, Michigan Facility: Tenet Executive Search Job Type: Full-time Shift Type: Days Employment practices will not be influenced or affected by an applicant�s or employee�s race, color, religion, sex (including pregnancy), national origin, age, disability, genetic information, sexual orientation, gender identity or expression, veteran status or any other legally protected status. Tenet will make reasonable accommodations for qualified individuals with disabilities unless doing so would result in an undue hardship.
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Internal Number: 1905026117
About Tenet Executive Search
“Tenet Healthcare Corporation is a diversified healthcare services company with 115,000 employees united around a common mission: to help people live happier, healthier lives. Through its subsidiaries, partnerships and joint ventures, including United Surgical Partners International, the Company operates general acute care and specialty hospitals, ambulatory surgery centers, urgent care centers and other outpatient facilities. Tenet's Conifer Health Solutions subsidiary provides technology-enabled performance improvement and health management solutions to hospitals, health systems, integrated delivery networks, physician groups, self-insured organizations and health plans.
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