Chief Financial Officer (Keck & Norris) - Corp Finance Admin - Full Time 8 Hour Days (Exempt) ([...] - University of Southern California

Chief Financial Officer (Keck & Norris) - Corp Finance Admin - Full Time 8 Hour Days (Exempt)

Keck Medicine of USC
Hospital
Los Angeles, California

Reporting to the Keck Medicine of USC health system CFO, the CFO for Keck Medical Center (KMC) serving as the site finance leader will be responsible for the following finance functions within a shared service model for the Keck/Norris Hospital:

• Accounting and financial reporting
• Operating and capital budgeting
• Audits and internal controls
• Cash flow management and purchasing
• Revenue cycle
• Debt attributed to Keck/Norris Hospital
• Strategic business planning
• Funds flows from Keck/Norris Hospital to the School of Medicine
• Decision support, performance benchmarking, and predictive analytics

The CFO KMC coordinates with the Health System level office of Accounting and Financial Reporting, Revenue Cycle, Supply Chain and Purchasing, Health Information Management, Patient Access/Pre-Arrival, Government Reimbursement, and Financial Planning and Analytics to ensure adequate service to KMC and to share managerial oversight of the system office staff assigned to KMC operations. The CFO KMC will provide strategic financial partnership to the CEO of KMC, providing financial direction to the KMC executive leadership team, leading the Medical Center through development of the annual capital and operating budget process, and leading updates to the long-range financial plan. The CFO KMC will also play a role in system level committees and strategic initiatives.

Essential Duties:

• Responsible for the finance functions of Keck Hospital including financial reporting, operating and capital budgeting, audits and internal controls, cash flow management and purchasing, revenue cycle, and strategic business planning.
• Coordinates with the Health System level office of Revenue Cycle, Supply Chain and Purchasing, Health Information Management, Government Reimbursement, and Financial Planning and Analytics.
• Responsible for reporting and performance accountabilities to the Keck Hospital CEO.
• Manages the daily activities of the Associate Administrator of KMC Finance and associated financial analyst.
• Serves as staff to the Keck Hospital Governing Board for financial matters.
• Oversees the staff of USCHS Central Accounting and Finance staff.
• Builds collaborative working relationships with the University and Keck School of Medicine.
• Establish a succession plan for the CFO function.
• Serves as a financial management and accounting subject-matter expert.
• Actively participate in hospital and Health System business and strategic planning.
• Oversees system-wide functions for general ledger management, external and internal audits, and monthly financial close processes.
• Performs other duties as assigned.

Required Qualifications:

• Bachelor's degree in Finance, Accounting, Business, Health Administration, Public Administration or related field.
• Master's degree in Finance, Accounting, Business, Health Administration, Public Administration or related field.
• 10 years of progressive financial healthcare management experience (5 years at a senior/executive level).
• Leadership experience at multi-hospital systems (preference for academic health systems).
• Direct experience with physician group practices and faculty practice plans.
• Reputation for collaboration and emotional intelligence.
• Proven ability to manage people and create professional development plans.

Preferred Qualifications:

• Active and current Certified Public Accountant (CPA).

Required Licenses/Certifications:

• Fire Life Safety Training (LA City) - If no card upon hire, one must be obtained within 30 days of hire.

The annual base salary range for this position is $436,000.00 - $691,000.00. When extending an offer of employment, the University of Southern California considers various factors including the scope and responsibilities of the position, the candidate's experience, education, key skills, and market considerations.

REQ20153694 Posted Date: 09/02/2024