Chief Financial Officer

Executive Group

Time Type: Full time

Language(s): English

Department: Bay Area Hospital

Posted Date: 4/11/2025

City State: Oregon

Current Bay Area Hospital Employee:
If you are a current Bay Area Hospital employee, please apply through the Workday internal career site. The future looks bright at Bay Area Hospital, and we are always searching for quality people to join our team. We offer a great atmosphere, competitive pay, a wide array of benefits, and many growth opportunities for our employees.

Bay Area Hospital
1775 Thompson Rd, Coos Bay, OR 97420

Job Description:
Chief Financial Officer

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Time Type:

Full time

Hours per Pay Period:

Shift:

As Assigned

Minimum:

Depending on Experience

Maximum:

Depending on Experience(This represents the rate for an individual with significant experience in this job in a full-time 40 hour per week position)

Department:

Bay Area Hospital

Current Bay Area Hospital Employee: If you are a current Bay Area Hospital employee, please apply through the Workday internal career site.

The future looks bright at Bay Area Hospital, and we are always searching for quality people to join our team. We offer a great atmosphere, competitive pay, a wide array of benefits, and many growth opportunities for our employees.

Job Description:

Chief Financial Officer

To manage the operations of the finance division

PRINCIPLE DUTIES AND RESPONSIBILITIES

Works closely with the President/Chief Executive Officer, Executive Team, and the entire hospital staff to help fiscally improve the organization
Prepares current and comparative analysis reports and statements reflecting variations in cost and revenues, and financial condition of the hospital by analyzing net income, expenses, and profit/loss for each hospital department, based on factors such as patient revenue, material and supply costs, and staff salaries and wages
Evaluates contract proposals from outside vendors and managed care companies to analyze the financial impact on the hospital and to ensure the future viability of the organization
Prepares special analytical, statistical and financial studies to support long range planning, and investigation and appraisal of major equipment purchases and hospital expansion or remodel
Directs and coordinates activities concerning financial administration, general accounting, financial analysis, business services, revenue cycle, materials management, reimbursement, health information management, facilities, biomed, environmental and food services
Works with investment managers to follow ORS regulations and choose appropriate investments
Participates in labor negotiations and labor disputes
Directs preparation of Hospital budgets by establishing policies and procedures for the preparation of department budgets, and coordinating compilations into the hospital budget
Obtains funding for large projects
Coordinates insurance policies so that assets are properly insured against loss or damage.
Develops and maintains appropriate cash flow projections and controls, continually reviewing the cash position and ensures that adequate funds are available to meet outstanding and planned commitments
Directs preparation of cost reimbursement reports to government and private third party agencies to ensure that the hospital is in compliance with the financial requirements of all regulatory agencies while receiving the appropriate reimbursements
Attends workshops, seminars and maintains program of self-study to learn of current developments in financial areas and pending government regulatory changes
Participates in the analysis of employee benefit plans and wage increases to determine current and future cost impacts

SKILLS AND ABILITIES and COMPENTECIES

Collaboration

Understands the importance of relationships to enabling effective teamwork. Modifies personal style, focusing on the needs of others, and listens effectively to ensure effective outcomes for group endeavors.

Leading Others

Acts in a leadership position to achieve desired results by inspiring trust in others, providing clear direction and effectively attracting and deploying talent.

Developmental Leadership

Actively encouraged others to reach their highest level of effectiveness as individuals and as teams. Seeks out developmental opportunities for self and for others.

Communication

Interacts with others through verbal and non-verbal means to present information in an engaging and understandable manner. The use of listening and other attending behaviors to gain a shared understanding of the topic at hand.

Vision + Strategy

Defines and creates a compelling vision for the future and the implementation of strategies necessary for success.

Decision Making

Makes high quality decisions in a timely manner, usually with less data and analysis than might be desired.

Results Focus

Takes a dynamic approach to work characterized by initiating decisions and actions. Concentrates on achieving the outcomes of a process or project while adhering to the overall strategy of the organization. Creates a culture of accountability and performance.

Collaboration

EDUCATION/CERTIFICATIONS/LICENSES/DEGREES

Bachelor of Science/Arts Degree from an accredited university or college
Masters of Business Administration degree in Accounting/Finance (will consider extensive experience in lieu of)
FHFMA certification or CPA certification preferred

EXPERIENCE

A minimum of Five (5) years of progressively responsible exercise in administering the financial areas and programs in a health care facility

Compensation Grade:

Executive

Compensation Grade Profile:

Chief Financial Officer

Bay Area Hospital is an Equal Opportunity Employer.

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Chief Financial Officer

Job Description: Chief Financial Officer

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Job Description:
Chief Financial Officer