Area Finance Officer (CFO)

Job Summary:

In addition to the responsibilities listed below, this position is also responsible for serving as a subject matter expert, operational consultant, and CFO for a portfolio of medical center administrative, ancillary, inpatient, primary care, and specialty departments for small- and/or medium-sized service areas. This includes providing operational and financial reporting, analysis, and consultation in support of organizational strategic goals.

This position requires maintaining and leveraging an understanding of health care operations and KP's integrated health care model at the clinical level. This includes interpreting large volumes of complex data, providing detailed operational data to evaluate performance improvement initiatives, and conducting research and preparing detailed business cases in partnership with department leaders.

Finally, this position is also responsible for leveraging a breadth of operational knowledge to assess and evaluate department operations and workflows. This includes identifying opportunities to optimize efficiencies in regard to appointment supply and demand and developing and maintaining complex staffing models used for department and medical center operations.

Essential Responsibilities:

• Models and drives continuous learning and maintains a highly skilled and engaged workforce by aligning cross-functional resource plans with business objectives.
• Oversees the operation of multiple units and departments by identifying customer and operational needs and analyzing resources, costs, and forecasts.
• Directs internal audit process, reviews audit results, and engages with auditors to resolve complex issues.
• Ensures budgets and/or forecasts are developed in accordance with business strategic initiatives.
• Advises region/business unit leaders on strategic fiscal matters by overseeing regular and special reports for both financial and statistical matters.
• Directs financial modeling by overseeing development and application of models.
• Directs the business vision, objectives, and strategic initiatives by reviewing financial impact.
• Directs costing activities by overseeing identification of cost avoidance and cost recovery opportunities.
• Oversees performance/operations/financial state by directing the use of templates and computer applications.
• Oversees reports of region/business unit financial information by directing use of financial trends and data analysis reports.
• Demonstrates continuous learning and maintains a highly skilled and engaged workforce.
• Ensures field operations are supported by overseeing their operational/financial performance.
• Directs Financial Statement Analysis of business partners by overseeing information reported from software systems.
• Drives financial performance by reviewing financial trends and results.
• Leads strategic financial planning by overseeing reporting of financial, utilization, and benchmark data.
• Leads strategic financial planning by directing financial plans and operating forecasts.

Minimum Qualifications:

• Minimum five (5) years hospital finance or operations experience.
• Minimum six (6) years supervisory experience.
• Minimum six (6) years experience managing operational or project budgets.
• Bachelor's degree in finance, business, or related field and minimum twelve (12) years Financial Planning & Analysis experience, or directly related business experience.

Additional Requirements:

• Knowledge, Skills, and Abilities (KSAs): Healthcare Financial Operations, Applied Data Analysis, Organizational Savvy, Technical Communications, Business Process Improvement, Front-line Collaboration.

Preferred Qualifications:

• Six (6) years experience consulting or working directly with clinical health care leadership.
• Master's degree in finance, business, or related field.