Chief Financial Officer-FT Exempt Annual Pay Range-$145,860.00-$200,330.00

Spanish Peaks Regional Health Center
Walsenburg, Colorado
Jun 19, 2024
Jun 21, 2024
Work Mode
Work from office
Full Time
Employment Type
Organization Type
Summary: The Chief Financial Officer is responsible for directing the financial activities of Spanish Peaks Regional Health Center (SPRHC) and Veterans Community Living Center (SPVCLC) and associated foundations and boards, by providing oversight of budget management, financial analysis, payroll forecasting, accounts payable, accounts receivable and financial reporting. Experience in a hospital setting is required. Experience in a Critical Access Hospital strongly preferred.

Essential Job Functions:

• Promotes the mission, vision and values of SPRHC.

• Provides oversight to Accounting, Payroll, Materials Management, Health Information Management and Patient Financial Services departments.

• Establishes or recommends to management, major economic strategies, objectives and policies for SPRHC.

• Supports and develops financial activities in the coordination of the employee selection process, work assignments, performance evaluations and staff development.

• Initiates and participates in problem-solving, policy-forming financial management practices. Maintains close coordination with all departments to insure continuity and collaboration of financial support processes.

• Responsible for the District's financial reporting, to include but not limited to monthly financial statements, Board financial reports, financial dashboards, bond/debt covenant reporting, Colorado Hospital Association financial reporting and others, as needed.

• Prepares reports that summarize and forecast SPRHC business activity and financial position in areas of income, expenses and earning based on past, present and expected operations.

• Adheres to facility policies and procedures. Demonstrates ethical business practices and personal actions and adherence to the facility's Compliance Program and Code of Conduct.

• Directs preparation of budget, reviews budget proposals and prepares necessary supporting documentation and justification.

• Arranges and coordinates the planning of the annual audit and the preparation of audit work papers.

• Coordinate and assist in the preparation of the annual Medicare Cost Report, Med 13 Cost Report, Colorado Indigent Care Program Report, Disproportionate Share audits, etc.

• Establishes, maintains and assures compliance for Internal Control and Segregation of Duties in accordance with Generally Accepted Accounting Principles (GAAP).

• Participates in all staff, leadership team and facility committee meeting as required. Attends and serves in professional/civic organizations as a facility representative, as assigned.

• Perform other functions as required to fulfill the expectations of the CFO.

Minimum Required Education: Bachelor's degree in Accounting or Finance from an accredited college or university is required. Master's Degree/CPA preferred.

Experience: Five years of documented work experience in accounting, finance or controller role. Experience in a hospital setting is required. Experience in a Critical Access Hospital strongly preferred.

Pre-Employment Knowledge, Abilities and Skills:

• Ability to determine appropriate course of action in more complex situations.

• Ability to compile and analyze financial functions in accordance with Generally Accepted Accounting Principles (GAAP).

• Advanced knowledge of total process flow; in-depth knowledge of cash management processes, accounts payable, accounts receivable, payroll, reconciliation and fraud prevention.

• Knowledge of collection processes through prescribed legal means to support and garner protections for the agency in managing accounting processes.

• Perform advanced mathematical concepts such as exponents, logarithms, quadratic equations and permutations; ability to apply mathematical operations to tasks to test for reliability and validity.

• Advanced knowledge of common accounting software; ability to use computer applications in the completion of financial tasks and communication of accounting processes.

• Outstanding verbal and written communication skills.

• Advanced leadership skills in guiding and formulating work improvement plans, encouraging employee engagement and performance.

• Advanced knowledge in financial management; knowledge of practices and procedures for planning and formulating budgets and monitoring related expenses.

• Ability to manage multiple and simultaneous responsibilities and to prioritize scheduling of work.

• Ability to establish and maintain effective relationships with the public, other agencies, employees and administration.

• Ability to handle difficult situations involving patients, physicians or others in a professional manner.

Note: An acceptable combination of education, training and experience that provides the above knowledge, abilities and skills may be substituted.

Necessary Special Requirements: Must obtain annual flu vaccination and any job-specific immunizations. Required to submit to a tuberculosis screening process.

Licenses or Certificates: None.

Unusual Demands: Work is subject to recurring and inflexible deadlines and frequent interruptions. On-call for senior leadership role (rotating assignment).

Compensation details: 30 Yearly Salary