Chief Financial Officer--Healthcare----Memphis, TN, Oxford, MS, And Jackson, MS Areas!!!!
PROGRESSIVE MEDICAL ENTERPRISE CORPORATEOxford, MS
Automate your job search with Sonara.
Submit 10x as many applications with less effort than one manual application.1
Reclaim your time by letting our AI handle the grunt work of job searching.
We continuously scan millions of openings to find your top matches.
Job Description
A Healthcare CFO oversees a healthcare organization's financial health, developing financial strategies, managing budgets and costs, ensuring regulatory compliance, and analyzing financial data to improve performance and long-term viability. Key responsibilities include preparing financial reports, managing revenue cycles, leading capital planning, negotiating contracts, and serving as the primary financial spokesperson to executives and the board. A strong candidate typically holds a bachelor's degree in a finance-related field, often with a master's degree or a CPA credential, and possesses experience in healthcare finance.
Key Responsibilities
Financial Strategy & Planning:
Develop and implement financial strategies aligned with the organization's clinical and strategic goals to ensure financial viability.
- Budgeting & Cost Management:
- Oversee the creation and management of operational and capital budgets, identifying opportunities to reduce costs without compromising care quality.
- Financial Reporting & Analysis:
- Prepare and present timely and accurate financial statements, reports, forecasts, and statistical data to leadership and the board.
- Regulatory Compliance:
- Ensure adherence to healthcare laws, payer rules, and other regulations, conducting audits and training as needed.
- Revenue Cycle Management:
- Maximize cash flow by overseeing efficient billing, collections, and denial management processes.
- Vendor & Payer Relations:
- Negotiate contracts with vendors, suppliers, insurance companies, and third-party payers.
- Capital & Investment Management:
- Lead capital planning and manage major investments for high-impact projects within the organization.
- Data-Driven Decision Making:
- Leverage financial analytics to improve financial and clinical outcomes.
- Team Leadership:
- Build and lead a high-performing finance team.
- Qualifications
- Education:A bachelor's degree in business, finance, accounting, or a related field is typically required.
- Advanced Degrees/Certifications:
- A master's degree (MBA or master's in healthcare administration/accounting) or Certified Public Accountant (CPA) certification is often preferred or beneficial for career advancement.
- Experience:
- Demonstrated experience in healthcare finance, financial management, and strategic planning is essential.
- Key Relationships
- Chief Executive Officer (CEO):Serve as a strategic operating partner to the CEO.
- Board of Directors:
- Present the hospital's financial condition and strategic financial plans to the board.
- Other Executives:
- Collaborate with leaders from other departments, such as supply chain and compliance, to achieve organizational financial solvency.
Automate your job search with Sonara.
Submit 10x as many applications with less effort than one manual application.
FAQs About Chief Financial Officer--Healthcare----Memphis, TN, Oxford, MS, And Jackson, MS Areas!!!! Jobs at PROGRESSIVE MEDICAL ENTERPRISE CORPORATE
What is the work location for this position at PROGRESSIVE MEDICAL ENTERPRISE CORPORATE?
This job at PROGRESSIVE MEDICAL ENTERPRISE CORPORATE is located in Oxford, MS, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at PROGRESSIVE MEDICAL ENTERPRISE CORPORATE?
Employer has not shared pay details for this role.
What employment applies to this position at PROGRESSIVE MEDICAL ENTERPRISE CORPORATE?
The employer has not provided this information. This may be discussed during the hiring process.
What is the process to apply for this position at PROGRESSIVE MEDICAL ENTERPRISE CORPORATE?
You can apply for this role at PROGRESSIVE MEDICAL ENTERPRISE CORPORATE either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.