Chief Financial Officer (CFO) - Vista Medical Center (Waukegan, IL)


  • Location: Waukegan, IL
  • Posted: Mar 21, 2019

Job Description


General summary:

As a member of the Hospital's senior management team, the Chief Financial Officer (CFO) will participate in the financial and functional decision-making processes necessary for the successful attainment of the hospital's mission in addition to maintaining an awareness of changes in healthcare matters that could have an impact on the success of the hospital.

Duties and Responsibilities:

- Overall financial operations of the acute-care facility including accounting, budgetary, audits, tax and other financial planning activities within the hospital organization; including management of respective department heads.

- Working with system management to develop and implement policies and procedures, short- and long-range goals, objectives and plans.

- Providing financial leadership to hospital managers, directors and officers that will enroll support, create ownership of goals, and encourage active participate in decisions that impact the hospital.

- Ensuring the hospital meets necessary financial regulatory and compliance requirements.

- Contributing financial expertise in the planning of new services that generate additional sources of profitable revenue.

- Managing costs by continually seeking data that will identify opportunities and take action to eliminate non-value costs in conjunction with the hospital's Chief Executive Officer and Chief Nursing Officer.

- Analyzing areas in planning, promoting and conducting organization-wide performance improvement activities.

- Representing the hospital at meetings including medical staff, hospital board of director meetings as well as relevant community meetings as needed.

- Participating in the hospital's monthly operation reviews as well as participating in corporate office meetings as deemed necessary.

- Responsible for the administrative aspects of leading the department/team to include budgeting, time approvals, staff evaluations and expense approvals.

- Other duties as required.

KNOWLEDGE, SKILLS AND ABILITIES:

- Ability to establish and maintain effective working relationships with hospital staff and community.

- Demonstrated ability to cope with and manage change, maintain relationships with emotional maturity and self motivation.

- Experience to include strategic oversight with an emphasis on financial reporting analysis and cash flow management;

- Revenue cycle knowledge and problem solving skills.

- Public relations abilities.

- Excellent verbal and listening skills.

- Ability to establish and maintain effective working relationships with hospital staff and community.

- Ability to maintain confidential information concerning personal, financial or medical matters.

- Responsible for the administrative aspects of leading the department/ team to include budgeting, time approvals, staff evaluations and expense approvals.

WORK EXPERIENCE, EDUCATION AND CERTIFICATIONS:

- Previous CFO level or equivalent experience within an acute care environment required.

- Previous experience with a proprietary healthcare system highly preferred.

- Minimum 5 years financial/accounting progressive managerial experience in acute-care environment.

- Must be proficient in written and verbal communication skills.

- CPA preferred.

TRAVEL REQUIREMENTS:

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STATEMENT OF NON-INCLUSIVITY:

This job description is not to be construed as a complete listing of the duties and responsibilities that may be given to any employee. The duties and responsibilities outlined in this position may be added to or changed when deemed appropriate and necessary by the person who is managerially responsible for this position.

WORKING CONDITIONS AND PHYSICAL REQUIREMENTS: List physical demands and usual work conditions.

- Conditions typically associated with an office environment. While performing the essential duties and responsibilities, the employee is regularly required to talk or hear. May be frequently required to sit, stand or walk. Moderate to prolonged reading, typing, and computer work. Ability to perform tasks involving physical activity that may include lifting up to 50 pounds. Subject to exposure to all environmental hazards associated with healthcare and office work.

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Employment Type


  • Full-Time

Vista Health System

1324 N. Sheridan Rd.
Waukegan, IL 60085

Phone: (847) 360-4333

Web: http://www.vistahealth.com

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