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Chief Financial Officer- Mission Trail Baptist Hospital

Tenet Healthcare - San Antonio, TX

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Job Description

OverviewMission Trail Baptist Hospital, has 110 licensed beds located in southeast San Antonio. Hospital services include Orthopedics, Cardiovascular Care, Diabetes Care, Emergency Care, and General Medicine.At Mission Trail Baptist Hospital, you will benefit from:A deep commitment to the South San Antonio communityState-of-the-art medicine in an environmentally friendly LEED Gold Certified facility opened in 2011Innovations in care such as The Joint Club and Baptist Breast CenterPosition reference website is not included in the refined description.Position SummaryThe Chief Financial Officer has responsibility for safeguarding the facility assets and ensuring the financial statements, including the books and records, are prepared and maintained in accordance with GAAP. The Chief Financial Officer is also responsible for ensuring compliance with company financial and accounting policies and procedures and ensuring internal controls are effective in both design and operation, including the routine monitoring of controls. Additionally, the CFO is a key member of the Facility A-Team and participates in establishing and implementing strategic business plans for the facility. The CFO is a member of the facility management team that interacts and communicates regularly with internal and external constituents, including regulatory bodies.Functional Expectations & RequirementsThe Chief Financial Officer is responsible for identifying and independently assessing financial risk, establishing and monitoring mitigation plans, and communicating financial risk and opportunity to the Group Chief Financial Officer and Facility Chief Executive Officer. The CFO also monitors financial performance and maintains reasonable and appropriate financial plans and forecasts. The CFO must have strong business acumen to work collaboratively with home office departments, such as Compliance, Home Office Accounting/Financial Reporting, Information Systems, Internal Audit, Legal, Treasury and other support services.The CFO is responsible for monitoring the revenue cycle process and, with other revenue cycle stakeholders, improving the revenue cycle through rate setting, charge capture, managed care negotiations, and cash collections. The CFO evaluates and manages investments in capital projects, applying unbiased scrutiny to determine financial impact and ROI and manages capital spend in line with capital cash flow projections. Responsibilities include:Analyze daily operating results to ensure revenues, expenses, and labor are within budgeted objectives; advise department heads and administration of needed changes and improvements in a timely manner.Establish and maintain sound financial controls and record keeping; approve expenditures up to the level set by the CEO.Stay current with government regulatory requirements and the changing reimbursement environment to update policies and procedures.Ensure ethical and responsible financial operations.Establish and monitor the annual operating budget in line with budgeting principles and home office guidelines; coordinate with HR and other departments on workforce plans and salary/benefit proposals.Evaluate the facility’s overall financial position and prepare periodic financial and operating reports; ensure consistent financial, accounting and reporting processes.Prepare financial forecasts, monitor performance versus budget, consolidate results, and develop cash management controls.Coordinate with senior leadership on major strategic and financial plans, including capital expenditure programs.Review and ensure the effectiveness of all financial and accounting systems; direct development and implementation of new systems, policies and procedures as required.Assist in evaluating new programs (including managed care contracts) and advise management on financial prospects.Attend promptly to administrative details of the position and related anizational Leadership - Expectations & RequirementsAs a leader in healthcare, Tenet is committed to providing the best possible care with a focus on quality and service. We identify core competencies to enable a leader to succeed, defined within the following areas:Use Astute JudgmentDelivers year over year improved financial performance in a complex, matrix organization.Demonstrates financial operational excellence in planning, contracts, budgeting, capital financing, and cash management.Holds finance team accountable to high ethical standards (compliance, internal controls, audits, and SOX reporting).Gauges external factors and trends to provide a forward-looking perspective for strategy and forecasting.Identifies gaps in the current business plan and refreshes financial outlook and strategy as needed.Shape StrategyActs as full partner at facility, market, and home office level to pursue revenue opportunities (payer mix, reimbursement, acquisitions, etc.).Works with team to identify challenges and opportunities (department improvement plans, capital project prioritization, manpower planning, supply management).Thought partner for CEO, promoting ideas in a bold and respectful manner (cost containment, acquisitions, capital forecasting, productivity).Apply Financial InsightsExhibits formal and interpersonal communication that fosters financial understanding and ownership.Engages managers and physicians to improve short- and long-term results (department plans, inventory, informatics, labor management).Thinks intuitively, willing to take prudent risk for balanced results.Functions as a financial consultant to the facility.Drive Organizational SuccessSets realistic and aggressive financial goals aligned with strategy (cash goals, A/R targets, coding accuracy, HIM management).Maintains fiscal discipline for planning and reporting; oversees monthly balance sheet reconciliation.Builds consensus across diverse stakeholders and analyzes performance for corrective action as needed (contracts, plans, direction). Maintains high quality standards in financial statements, reports, and internal controls.Develop Organizational TalentShapes roles to maximize capability; provides ongoing performance feedback and development plans.Assesses bench strength and recruits/promotes to meet talent needs (e.g., Controllers, potential for CFO succession).Candiate Experience, Attributes and Education RequirementsAt least ten years of progressive financial healthcare/hospital or equivalent experience in general accounting; operations; financial systems; financial statement preparation; review and analysis; multi-discipline management; and ethics.Good organization skills with the ability to prioritize and manage all financial activities; resilience under pressure.Ability to translate complex finance, operational and compliance issues for broad audiences.Referenceable track record in facility finance and driving improved financial performance.Experience negotiating managed care contracts.Extensive financial management experience including operations, planning, contracts, reimbursement, budgeting, and capital financing in a complex environment.Understanding of healthcare trends and opportunities.Successful experience as a CFO in a highly competitive market.Professional Attributes cooperative problem-solver able to build consensus across functions.Broad financial thinker who can operate with ambiguity and translate vision into strategy and actionable tuitive thinker who proposes new or modified approaches.Personal AttributesHighest integrity and credibility; earns respect from peers, senior leadership, and medical staff.Active listening, clear directions, ongoing dialogue with employees.Ability to collaborate with key stakeholders to execute financial tasks.Excellent oral and written presentation skills with a gracious demeanor.Education/CertificationsA Bachelor’s degree in Finance or Accounting is required. An MBA, MHA and/or CPA designation strongly preferred.Tenet complies with vaccination requirements as applicable. If offered the position and vaccination is required by law, proof of full vaccination or exemption will be requested before start date; exemptions may require regular testing as permitted by law. #J-18808-Ljbffr

Created: 2025-09-30

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