
Chief Financial Officer (CFO)
Job Description
Lifepoint Health has an opportunity for a Chief Financial Officer. The CFO will have oversight of Fauquier Health located in Warrenton, VA.
https://www.fauquierhealth.org/about
In November of 2013, Fauquier Health partnered with LifePoint Health. Today, Fauquier Health is a community health system dedicated to high-quality, patient-centered care. Nationally recognized as a Top Hospital by the Leapfrog Group and accredited by the Joint Commission, Fauquier Health has achieved recognition as a Certified Primary Stroke Center, as a Center of Excellence for Joint Replacement and as an accredited Chest Pain Center. Fauquier Health includes a fully accredited, 97-bed acute care hospital; The Villa at Suffield Meadows, an assisted living facility; and multiple physician’s offices, including primary care, gastroenterology, general surgery, OB/GYN and specialty practices.
The Chief Financial Officer provides leadership and direction to all financial departments for the overall fiscal responsibility of the hospitals.
Other duties include:
- Administer 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.
- Provide formal or informal direction in data processing, distributed systems, material management and medical records functions.
- Train subordinates on the above areas and monitors performance to ensure fiscal responsibilities are fulfilled.
- Assist 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.
- Develop long and short-range operational and capital budgets, which are supported by the hospitals long and short range plans and objectives.
- Prepare cash flow analyses and budget variance analyses.
- Recommend budget modifications as needed. Assist managers in the development of departmental budgets.
- Monitor, interpret and analyze hospital financial performance in realizing established plans and objectives of the hospital.
- Identify and reports undesirable trends and potential business opportunities and makes recommendations for action.
- Direct the preparation of internal financial reports including work papers for annual financial audit.
- Assure the timely and accurate preparation of financial reports and assures that the reports reliably reflect the financial position of the hospital.
- Assume a lead role in analyzing and exploring means of managing hospital operating expenses and improving 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’s Degree in Accounting or Finance and the knowledge of generally accepted accounting principals (GAAP), and verbal, interpersonal and quantitative skills normally acquired through completion of this degree is required.
- CPA or Master's degree 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 preferred.
- 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.