Chief Financial Officer –LECOM Health Millcreek Community Hospital - LECOM Health

Chief Financial Officer –LECOM Health Millcreek Community Hospital

Millcreek Community Hospital

Chief Financial Officer –LECOM Health Millcreek Community Hospital

If you are an experienced healthcare finance professional/Chief Financial Officer/ Vice President of Finance / VP of Finance, or executive level financial professional with leadership experience, then you need to read on…

Millcreek Community Hospital is a 165 bed acute care hospital located in Erie, Pennsylvania. We serve our community through our emergency department, providing surgeries, offering a host of outpatient services including physical therapy, imaging and diagnostic services, in-patient care for medical patients, psychiatric patients, and patients that struggle with addiction issues.

We are part of a growing health system that also includes the nation’s largest medical school, a dental and pharmacy school, a rural access hospital, clinical practices and a number of nursing homes and senior living centers.

We offer a substantial base salary plus health, dental and life insurance and a very generous retirement plan.

Chief Financial Officer Job Requirements

A track record of career progression and successful leadership at or approaching the CFO level, preferably in healthcare.

Ideal candidates will have:

  • MBA and/or CPA and CHFP certification.
  • A minimum of 10-15 years of diversified financial accounting experiences with at least 8 years as a healthcare finance professional.
  • Prior CFO experience

Minimum Experience:

  • Bachelor’s Degree in Accounting or Finance
  • Sufficient previous financial management experience, at least five years

Chief Financial Officer Duties

  • Manages employees through subordinates, usually other managers.
  • Establishes performance goals, allocates resources and assesses policies for direct subordinates.
  • Maintains established departmental policies and procedures, objectives and quality assurance program.
  • Develops and recommends department operating budget and ensures that department operates within budget.
  • Manages hospital’s financial resources.
  • Supervises and coordinates the functions of reimbursement, budget, patient accounting, and general accounting, which includes general ledger accounting, accounts payable, and cashiering.
  • Organizes and maintains an effective system of accounting and cost determination. Reviews and modifies cost system and data collection to ensure maximum cost reimbursement for patient services.
  • Prepares reports outlining hospital’s financial position in all areas of assets, liabilities, income and expense, based on past, present, and planned future operations.
  • Prepares and affects timely filing of federal, state, hospital association, third party, and other financial reports as required.
  • Recommends budget planning guidelines to the Board, and coordinates preparation of current operating and capital budgets with Administration for hospital and clinics.
  • Provides for current and adequate insurance protection to protect hospital from liability and other losses.
  • Presents recommendations with respect to costs, charges, rates, etc. to permit income to support hospital activities. Revises rate structure.
  • Participates in cost impact of personnel policies and programs such as employee benefit plan additions or changes, general salary increases, etc.
  • Performs cost studies involving third parties and with hospital auditing firm representatives. Audits financial basis for any hospital activity.
  • Directs care and maintenance of department facilities, equipment, and supplies.
  • Maintains professional growth and development through seminars, workshops, and professional affiliations to keep abreast of latest trends in field of expertise.
  • Participates in hospital/medical staff committee meetings as required. Attends and serves on professional/civic service organizations as hospital representative.
  • Performs other related duties as assigned or requested.

LECOM Health Millcreek Community Hospital is an EOE – to be considered for unique opportunity within a growing Health Care System, submit a cover letter, resume and at least three references.

Interested, qualified candidates may submit a resume along with an application by clicking the Apply for this Job Link below. 

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