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Market CFO

King Of Prussia, PA, USA | Universal Health Services, Inc.

  • Industry:
    Healthcare - Hospitals
  • Position Type:
  • Functions:
    Finance (Internal)
  • Experience:
    5-7 years
    7-10 years
Job Description:
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We are currently looking for a Market to plan, organize, and direct the Market’s fiscal services departments including the development, interpretation, coordination, and administration of policies on finance, accounting, insurance, financial/accounting systems, internal controls, and auditing.The region will include 5 acute care hospitals located in South Carolina, Florida, Oklahoma and Texas.

Job Responsibilities Include:

Oversees the Market’s accounting, business office, materials management, medical records, information services, and other departments as assigned.Through department heads and supervisors, monitors market performance.Establishes communication systems to inform and be informed as needed.

Supervises the market’s financial reporting process.Supervises the preparation of reports outlining financial position and operating profit and loss statement.Supervises the preparation and timely filing of federal, state, hospital association, third party, and other financial reports as required.

Maximizes market operational performance.Analyzes the profitability of existing operations, product lines, contractual agreements, etc., making recommendations when appropriate for improvement.

Manages and develops employees.Through appropriate management practices, creates a climate to motivate employees to highest performance.Establishes direction, coaches employees, provides feedback, and builds commitment.

Job Requirements

Experience Requirements include:

Must possess a working knowledge of GAAP, Medicare and Medicaid regulations, and federal and local tax regulations; knowledge of all business office and other administrative office operations including all processes from registration (pre-registration) through discharge and terminal resolution of the patient bill; knowledge of managed care and other payer processes and agreements, including specific terms for negotiation are required; knowledge of all accounting processes including accounts payable, payroll and general accounting and effective ability to prepare financial statements and operating reports that accurately and timely reflect the entity’s performance.

Must be skilled at interpreting the abstract pieces of financial analysis and performance; preparing schedules and reports, using source data and compiling reports from others’ schedules; skill in use of electronic spreadsheets and ability to manipulate data within proprietary and acquired data bases, using ACCESS, ECLYPSIS, or other data bases; adept at skillfully communicating ideas and facts, packaging information and concepts in a way that increases understanding by others.

Must possess a 's degree in finance, accounting, or other closely related field with 8-10 years of relevant experience in a healthcare environment.A 's degree and at least 5 years of relevant experience is highly preferred. 

Experience working closely with hospital-operated medical groups is preferred.

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