Chief Financial Officer

Overview

Chief Financial Officer Jobs in Metro Manila at Viventis Search Asia

Title: Chief Financial Officer

Company: Viventis Search Asia

Location: Metro Manila

Our client is looking for a Chief Financial Officer (CFO) who will be a key member of the hospital Executive team. He/She will be accountable for providing leadership, financial oversight and direction to all the financial departments to ensure the overall fiscal responsibility and financial well-being of the hospital. The CFO will be responsible for directing and coordinating hospital activities concerned with financial administration, general accounting, patient accounting and financial and statistical reporting.

Responsibilities

• Develops and implements policies and procedures and ensures that goals and objectives are consistent with the hospital’s mission and reason for being.
• Works with the hospital Board of Directors, President and CEO, and Business Development Division Head to develop financial goals and objectives for the hospital.
• Provides proactive, sound guidance regarding management of assets and investments, and financial trends within the hospital.
• Works with department managers and patient care executives to implement financial plans and productivity benchmarks, and to monitor progress toward financial goals.
• Establishes a five -year strategic financial plan for the hospital as part of the hospital’s strategic planning process.
• Responsible for all financial accounting and reporting, procedures and internal controls of the division.
• Ensures that all balance sheet accounts are reconciled on a monthly basis and a system of internal controls are in place to facilitate a clean audit opinion with no audit adjustments or internal control deficiencies noted.
• Maintains effective revenue cycle processes to keep patient accounts receivable at an acceptable level and also increasing the hospital’s cash flow.
• Specific areas of responsibility include but not limited to: patient financial services; maximizing cash flow consistent with sound credit and collection policies while maintaining good rapport with the community; financial reporting with detailed analysis of financial statements and variances from budget; audits of financial statements and internal controls; examination of insurance policies to ascertain that hospital assets are properly insured against loss and that the hospital’s liability coverage meets hospital’s management contract requirements

Knowledge, Skills & Abilities

1. Working knowledge of healthcare Accounting practices and principles.
2. Advanced working knowledge of finance, accounting, budgeting, and cost control principles.
3. Knowledge of local government financial regulations.
4. Advanced analytical skills to develop company strategic plans, business development plans and key success metrics. Ability to convert abstract strategies into operational objectives.
5. Strong risk management knowledge, mitigation and contingency planning and practice.
6. Ability to cultivate effective partnerships and work in collaboration with providers, other health care professionals, caregivers, patients and community members.

Qualifications

• Bachelor’s degree in related discipline required; MBA or MHA degree preferred.
• Preferably with related professional-level experience in healthcare environment.
• At least 15 years of management experience.
• With strong audit experience
• An inclusive leadership style that is strong in teamwork; accomplished in the successful development of high performance, customer-centric teams; a history of leading teams that deliver customer service excellence.
• Ability to thrive in a diverse and complex organizational culture; cultural transformation experience preferred.