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Assistant Chief Financial Officer (ACFO)

Company: National Park Medical Center
Location: Little Rock
Posted on: September 16, 2020

Job Description:

Assistant Chief Financial Officer (ACFO) General Summary of Duties:

• Participates as a member of the Senior Management Team in the financial and functional decision making processes necessary for the successful attainment of the hospital’s mission and/or strategic plan.

• Ensures the hospital meets regulatory and compliance needs.

• Provides direction, leadership, and educational needs to hospital managers.

• Provides financial expertise in the planning of new services and the expansion of existing services promoting revenue growth.

• Participating in the hospital's monthly operation reviews as well as participating in corporate office and Division meetings as deemed necessary

• Assumes a lead role in analyzing and exploring means of reducing costs including participation in performance improvement activities and committees.

• Participates in the oversight of the functions of the Accounting Department to ensure completion of work in specified time frames according to departmental, division or corporate policies.

• Select, train and evaluate performance of the Accounting personnel to ensure quality of service and technical expertise.

• Oversees the coordination and timely completion of month end close for the hospital and its related COID’s.

Responsible for the completion of Financial Reporting documents on a weekly, monthly, quarterly and annual basis such as financial operating and volume trending reports.

• Reviews and coordinates financial projections and forecasting.

• Performs net revenue analysis including the review of the standard monthly accrual (SMA) and Medicare exhibits

• Coordinates physician and vendor contracts with facility contracts manager

• Reviews and coordinates tax work-papers and filing requirements

• Reviews and provides input on recommended capital expenditures and CAM project(s).

• Coordinates the completion of the annual budget and tracks the progress on a periodic basis.

• Oversees the preparation of the annual Medicare cost report work-papers

• Coordinates internal and external audits

• Ensures the hospital’s internal controls are sound and all Sarbanes Oxley 404 and internal controls documentation is completed.

• Maintains accuracy of the balance sheet; completion of monthly Balance Sheet Review Guide and Financial Attestation.

Assist CFO with special projects.

Assist with PEA, income guarantees and calculation of physician bonuses.

MINIMUM QUALIFICATIONS:

Bachelor's degree in Business of Finance related field

MBA and CPA preferred

8+ years' experience in finance and healthcare leadership

Keywords: National Park Medical Center, Little Rock , Assistant Chief Financial Officer (ACFO), Other , Little Rock, Arkansas

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