Chief Financial Officer, (CFO)

Lifepoint Health has an opportunity for a Chief Financial Officer. The CFO will have oversight of Lake Cumberland Reginal Hospital located in Somerset, KY.

https://www.lakecumberlandhospital.com/

The Chief Financial Officer provides leadership and direction to all financial departments for the overall fiscal responsibility of the hospital.

Other duties include:

• Administers the general accounting, patient business services, including third party reimbursement, financial, and statistical reporting functions of the hospital in accordance with established policies and accounting procedures.
• Provides formal or informal direction in data processing, distributed systems, material management and medical records functions.
• Trains subordinates on the above areas and monitors performance to ensure fiscal responsibilities are fulfilled.
• Assists the CEO in the development of long and short-range hospital operations plans that may include service demand analyses, resources availability analyses and cost benefit analyses of proposed capital and staff expansions.
• Develops long and short-range operational and capital budgets, which are supported by the hospitals long and short range plans and objectives.
• Prepares cash flow analyses and budget variance analyses.
• Recommends budget modifications as required. Assists managers in the development of departmental budgets.
• Monitors, interprets and analyzes hospital financial performance in realizing established plans and objectives of the hospital.
• Identifies and reports undesirable trends and potential business opportunities and makes recommendations for action.
• Directs the preparation of internal financial reports including work papers for annual financial audit.
• Assures the timely and accurate preparation of financial reports and assures that the reports reliably reflect the financial position of the hospital.
• Assumes a lead role in analyzing and exploring means of reducing hospital operating costs and increasing revenues based on knowledge of market trends, financial reports and operating procedures.
• Responsible for direction and submission on a timely basis all financial data associated reports required by government and other regulated agencies including payroll tax reports, public disclosure reports and third party payor cost reports.

Education

• Bachelor Degree in Accounting or Finance and the knowledge of generally accepted accounting principals, and verbal, interpersonal and quantitative skills normally acquired through completion of this degree is required.
• CPA or Master's Degree strongly preferred.

Experience

• A minimum of 3 years of experience working at the CFO level in an acute-care hospital is required.
• Minimum of three years of progressive management experience in an investor-owned healthcare organization required.
• Must be a strong, hands-on and approachable leader who understands the value of being a team-player and have an outgoing and friendly personality.
• Must understand how to motivate and inspire staff to achieve optimal results, while keeping employee satisfaction high.

Benefits

Lifepoint Health | People Services

At Lifepoint, our Mission of Making Communities Healthier extends to our employees. We offer an excellent total compensation package, including a competitive salary and benefits. Some of our benefits include 401k, flexible PTO, medical, dental, vision, tuition reimbursement, and an Employee Assistance Program. We believe that happy, healthy people have a passionate engagement with life and work and have designed our package to enhance your wellbeing.