Chief Financial Officer

POSITION SUMMARY

As a leader in this highly visible role, the Chief Financial Officer manages the HCPA accounting, business office, purchasing, and information technology division to ensure they are providing effective and efficient service to the operating groups and other customers. The CFO manages, interprets, and communicates financial and operational data to measure performance and identify organization-wide improvement opportunities.

Located: Individual can live in Hutchinson or surrounding communities such as Wichita, KS.

RESPONSIBILITIES

Organization Leadership

·         Execute and oversee assigned special and ongoing projects.

·         Proactively support HCPA’s mission, vision. core values and policies and lead by example for others.

·         Develop and maintain effective relationships with other medical facilities as necessary and internal and external partners that result in the accomplishment of respective missions.

·         Actively participate in the HCPA Administrative meetings. board meetings and other committees as necessary and appropriate.

·         Review progress toward objectives and provide timely reports to the CEO.

Department Leadership

·         Establish vision for reporting departments in support of HCPA's strategic mission. vision and core values.

·         Select and retain excellent employees and act to ensure quality of service. technical expertise and their continued development. Set high but achievable goals and foster professional growth. Lead by example with the result that department employees are empowered to achieve their objectives.

·         Ensure that   department systems provide cohesive support to HCPA’s mission and that it

operates effectively within ethical, financial, prudent business practice and legal parameters.

Financial Oversight

·         Working with key stakeholders. assist in and oversee the development of the annual Operating and Capital budgets and assure they are completed in a timely manner.

·         Assists in capital asset purchasing and financing based on cash flow and debt service of the

Organization.  Assures external financial institution covenants are met

·         Prepare pro forma business analysis and plans to assess business opportunities and strategies.

·         Conducts comprehensive due diligence reviews of new business opportunities to determine if such practices are a good strategic fit for the organization from a financial and operational perspective. Conduct post-acquisition financial reviews of physician practices to ensure that initial volume. productivity and financial targets are being met.

·         Assists in the development and maintenance of a Financial and Operational Dashboards to capture the key performance indicators and metrics for the financial operations and the revenue cycle   with   comparisons to internal and external industry benchmarks.  *Revenue Cycle is currently outsourced to vendor with expectations of performance being met.

RESPONSIBILITIES

·         Oversee day-to-day financial operations. including oversight and management of the business and financial affairs and fiscal management including accounting. budgeting. physician compensation formulas, internal controls, and timely reporting.

·         Play a critical role in linking strategy and operating results with our financial performance.

·         May attend investor meeting, along with presenting financials to the Board of Directors

·         Provide product line profitability analysis for the various HCPA entities.

·         Oversee preparation of periodic financial forecasts and cash flow forecasts for HCPA entities.

·         Provides profitability models of the current managed care contracts and assists in the development of rate strategies

·         Works with Practice leadership assisting in administration of all physician compensation arrangements.

·         Provides analysis and support as needed for the physician and employee benefit plans.

·         Participates as a member of HCPA's Administrative Management Team in the financial and functional decision-making processes necessary for the successful attainment of the organization's mission and strategic plan.

·         Provides financial expertise in the planning of new services and the expansion of existing services promoting revenue growth.

·         Assumes a lead role in analyzing and exploring means of reducing costs including participation in performance improvement activities.

·         Ensures the completion of the annual budget and tracks the progress on a periodic basis.

·         Practice and adhere to the Code of Conduct philosophy and Mission and Value Statements.

·         Report Finances quarterly to stockholders and projected monthly and year-to-date finances to Board of

·         Directors (Bi-Weekly).

·         Facilitate Physician Compensation Committee Meeting (Bi-Weekly) and Finance Committee Meeting

·         (Monthly).

·         Navigate all Financial requests through the HCPA approval process.

QUALIFICATIONS

Education, Experience, and Skills Required

·         Master's degree in related field and CPA license required.

·         7-10 years of progressive financial leadership and experience in healthcare.

·         Successful experience developing and executing short and long-term strategic financial initiatives as well as working collaboratively with others to advance organizational objectives.

·         Demonstrated knowledge of the interaction of complex organizations and success in achieving organizational missions.

·         Knowledge of financial and operational medical group administration, reimbursement and financial reporting.

·         High degree of initiative, judgment, energy, discretion, decision making and the ability to maintain the strictest confidentiality in all business matters.

·         Excellent verbal, writing and presentation skills.

·         Must be able to lead teams to accomplish goals and do so in a collaborative fashion.

·         Demonstrated success managing business operations.

·         Experience in negotiating insurance contracts and arrangements.

·         Familiarity with Altera (formerly Allscripts) is preferred.

Please apply here.