Chief Financial Officer (Hackensack Meridian Mountainside Medical Center & Pascack Valley Medical Center) Job at Hackensack Meridian Mountainside Medical Center

Hackensack Meridian Mountainside Medical Center Montclair, NJ 07042

Overview:
Join our Mountainside Medical Center team as a Chief Financial Officer!


Ardent Health Services invests in quality healthcare.


Ardent Health Services, located in Nashville, Tennessee, has earned a reputation as one of the industry’s strongest – and most innovative hospital operators. We are driven by our purpose of caring for people: our patients, their families and one another. Our facilities and clinics are consistently recognized among healthcare’s best employers.


To support operations, Ardent invested more than $1.4 billion since 2011 to raise the standard of care in the communities we serve. Additionally, Ardent has invested $220 million in Epic, towards uniting our hospitals and clinics on a single information-sharing platform to improve patient outcomes and increase efficient care delivery. We recognize each hospital is as unique as the community it serves. We strive to maintain strong community ties through advisory boards, contributions, charitable care, education and outreach.


Ardent includes:

  • 30 Hospitals
  • 4,279 Licensed Beds
  • 130 Managed Beds
  • 26,000 Employees
  • 181 Clinic Locations
  • 1,000+ Employed Providers
  • $4.4 Billion in Revenues
  • 2.7 Million Provider Encounters/Day
  • 2.9 Million Ambulatory Visits

Ardent Health Services invests in quality healthcare.
AHS makes considerable investments in people, technology, facilities, and communities, producing high quality care and extraordinary results. Since 2001, those investments total more than $835 million. From newly constructed facilities and expanded services, to lifesaving technology and outstanding opportunities for employees, AHS is committed to providing its hospitals and clinics the tools needed to succeed.

We believe it is this mix of corporate support and local autonomy that equips our facilities for success.

OUR PURPOSE
is caring for people: our patients, their families and one another.

Hackensack Meridian Mountainside Medical Center:


Hackensack Meridian Mountainside Medical Center has been serving Montclair and its surrounding New Jersey communities since 1891. Mountainside is licensed with 365 beds, employs over 1,200 team members and the medical staff includes over 700 providers. The hospital provides patients immediate access to innovative and effective treatment alternatives at specialized centers within the hospital that focus on imaging, women’s health, cancer care, surgery, obesity, stroke and chronic kidney disease. Mountainside Medical Center is designated as a Primary Stroke Center by the NJ State Department of Health and Senior Services and is one of only a few community hospitals licensed by the State to perform emergency and elective cardiac angioplasty.


Hackensack Meridian Mountainside Medical Center (MMC) delivers exceptional, patient-centered care every day. Our employees are driven by our purpose of caring for people: our patients, their families and one another. Along with our commitment to patient care, we are community oriented. Mountainside partners with organizations in the communities we serve. We are actively involved with Montclair State University's Scholarship Program, the YMCA of Montclair and the Montclair Film Festival, among others.


Job Overview:


We have an exciting opportunity to join our leadership team at Hackensack Meridian Mountainside Medical Center (MMC) as a Chief Financial Officer.


The Chief Financial Officer (CFO) is responsible for the overall financial administration for the facility. Additional areas of responsibility may include: general accounting, data processing, materials management, information systems, and financial reporting. This position ensures that the internal controls are adequate to safeguard the assets of each entity and that the accounting systems are sufficient to generate accurate and timely financial reporting.

Responsibilities:
  • Help create and implement initiatives in order to build and grow the facility.
  • Help analyze and see ideas from a financial mindset in order to help ensure the success of future endeavors.
  • Consult the Division CFO and Corporate office personnel concerning the facility’s financial affairs, financial goals, and objectives.
  • Develop the operating policies and procedures.
  • Ensure the accurate review of product line analysis, and consult with the facility CEO and Division CFO.
  • Prepare financial and management reports and prepare and administer the facility’s annual operation and capital budget.
  • Partner with facility CEO and other executive team members on preparing the annual facility business plan.
  • Plan and coordinate functions and activities of assigned departments. Responsibilities include evaluating performance and initiating or recommending personnel actions and maintaining good employee relations with department staff.
  • Ongoing monitoring of expense structure to identify opportunities for efficiencies and cost reduction.
  • Actively participate in Board of Trustees, Medical Staff and community meetings.
  • Direct preparation of projections to inform facility and Division leadership of anticipated performance in future periods.
  • Review and maintain a healthy revenue cycle to ensure consistent cash flow.
  • Work with the Division and joint venture partner on managed care negotiations to maximize payer contracts.
Qualifications:
Position Requirements:

  • Bachelor’s Degree in accounting/finance or related field required. Master's Degree from an accredited college or university in Hospital Administration or Business Administration preferred.
  • Experience as a hospital CFO. Experience in an integrated health delivery system strongly preferred.
  • CPA certification preferred.
  • Current knowledge of JCAHO, OSHA, state and federal regulatory standards.
Knowledge, Skills & Abilities:
  • Excellent leadership and interpersonal skills to effectively communicate ideas, problems, instructions (written and oral) with corporate management staff, facility management staff and employees.
  • Ability to analyze situations, evaluate data, recommend, and implement courses of action that would improve the functioning of the company.
  • Ability to interpret, adapt, and apply guidelines, policies and procedures.
  • Ability to use sound judgment in decision making and react calmly and effectively in an emergency situation.
  • Knowledge of strategic planning and short and long-range goal implementation.
Behavior Standards:
  • Service – Patient Centered Customer Service
  • Quality – Clinical and Operational Excellence
  • People – Promotes a Collaborative Environment
  • Financial – Business Acumen
  • Growth – Fosters Innovation



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