Associate Chief Financial Officer
ADVERTISEMENT
1
2
3Associate Chief Financial Officer
JOB DESCRIPTION
Position Title:
Associate Chief Financial Officer
Exemption Status:
Exempt
Job Classification:
Job Code:
Department:
Finance
Reports to:
Chief Financial Officer
Last Update:
April 7, 2015
Job Summary
The Associate Chief Financial Officer (ACFO) has responsibility for assisting in and learning the processes for planning, organizing
and directing the financial services, information systems, and fiscal management to enable RGH to achieve its operational and strategic
goals and initiatives in compliance with legal and regulatory requirements. This position will be a highly visible position within the
hospital and will serve as an advisor and assistant to the CFO and CEO regarding the successful financial management of the
organization. The Associate Chief Financial Officer position is designed to prepare the incumbent for succession to CFO within a 12 –
18 months.
Essential Functions
•
Promotes the mission, vision, and values of the organization.
•
Work with the CFO, CEO, and Board to develop financial goals and objectives for the organization.
•
Proactively work to help manage, plan, and organize the financial operations of the hospital including financial planning,
budgeting, analysis, controllership, and revenue cycle functions.
•
Assist in developing, interpreting, coordinating, and communicating organizational policies on finance, accounting,
budgeting, insurance, financial/accounting systems, internal controls, and auditing.
•
Generate or assist in the generation of financial statements, budgeting, preparation of analytical reports and data reporting to
various governmental and other entities
•
Prepare or assist in the preparation of information for annual financial audit and cost reports
•
Assist in the facilitation of organization-wide financial planning, business planning, budgeting, and resource allocation
processes.
•
Provide assistance and guidance regarding management of assets and investments, and financial trends within the
organization.
•
Work with department leadership to implement financial plans, benchmarks, and budgetary performance metrics to help
monitor progress toward financial goals.
•
Develop and maintain a through working knowledge of federal, state, and managed care reimbursement payment
methodologies, billing, and compliance issues.
•
Develop an understanding of and keep up to date with all federal statutes surrounding participation in the Medicare and
Medicaid programs, as well as Medicare fraud and abuse issues, Stark legislation, and IRS guidelines pertaining to the
operation of not for profit entities.
•
Maintain professional growth and development through seminars, workshops, professional networking, and affiliations to
keep abreast of industry trends.
•
May provide supervision and leadership for the Materials Management Department and other departments as assigned.
1
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Business