Atlantic Health System Chief Financial Officer in Morristown, New Jersey
Atlantic Health System is seeking a Chief Financial Officer at Morristown, NJ . The Chief Financial Officer is an astute and savvy leader with a proven track record of making a significant mark within the healthcare system characterized by high quality, an aspirational mission and a high level of employee engagement and pride. The CFO is responsible for effective participation and oversight in the integrated strategic and financial planning and overall leadership and direction for the financial strategy, analysis and financial operations for Morristown and the Atlantic Health System.
Strategy, Planning and Management
Act as a strategic business partner to the senior leadership team to enable execution of the financial strategy in conjunction with System level initiatives.
Assess and evaluate financial performance of the division with regard to long-term and short-term operational goals, budgets, and plans.
Provide insight and recommendations to both short-term and long-term growth plan of organization. Including but not limited to creation/collaboration of business plans with service line leaders, practice leadership and MMC divisional leaders.
Participate in pivotal decisions related to strategic initiatives by creating and establishing financial objectives that align with the System’s plan for growth and expansion, including operational and capital budgeting.
Identify and effectively communicate potential risks in a timely manner.
Actively participate in Board of Trustees subcommittees as necessary, Site Medical Staff and community meetings.
Review and ensure application of appropriate internal controls, regulatory compliance and procedures affecting financial reporting as well as operations.
Financial Analysis, Budgeting and Forecasting
Prepare and present monthly financial reports including monthly profit and loss, volume trends, productivity and agency usage, participation in the monthly close of the division.
Review and analyze monthly financial results and provide recommendation to site leadership.
Review and maintain a healthy revenue cycle and managed care relationship to ensure consistent patient throughput and cash flow.
Ongoing monitoring of expense structure to identify opportunities for efficiencies and cost reduction.
Identify, develop, and execute analysis of business initiatives, product launches and/or new service offerings.
Develop and maintain monthly operating and capital budget.
Engage with Foundation leadership for funding requests.
Visionary leader with strong strategic skills, exceptional communication skills and a track record of fostering transparent, positive relationships with clinicians, leaders, teams and board members
Vision and drive to lead an organization in its continued quest to be a best in class workplace
Savvy, forward-thinking executive with the ability to strategically guide the organization in financial matters, help the organization meet new challenges and capitalize on new opportunities, including innovative partnerships and fresh lines of business
A collaborator with a track record of building, maintaining positive working relationships and the ability to network with team members, managers, executives, physicians, board members and other stakeholders and constituents
BS Degree in Accounting or Finance
CPA designation or master’s degree preferred
Experience in an integrated health delivery system strongly preferred.
10+ years of progressive healthcare finance experience
Current knowledge of JCAHO, OSHA, State, and federal regulatory standards
Atlantic Health System aims to deliver the highest quality, safety and care combined with the best experience for our patients and their families. We are confident that you will find success within Atlantic Health System, which has been named for the 14th year in a row to Fortune’s “Top 100 Best U.S. Companies to Work For” list. We believe you will find that our culture of collaboration and care exemplifies the value we place on our patients, their families, and our employees.
Atlantic Health System, Inc. is an equal employment opportunity employer and federal contractor or subcontractor and, therefore, abides by applicable laws to protect applicants and employees from discrimination in hiring, promotion, discharge, pay, fringe benefits, job training, classification, referral, and other aspects of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, gender identity or expression, sexual or affectional orientation, national origin or nationality, citizenship status, disability, age, genetics, protected veteran status, ancestry, marital status.
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Department01821800- Fiscal Services
FacilityCorporate Office - Morristown