Chief Financial Officer (Keck & Norris) - Corp Finance Admin - Keck Medical Center of USC

Only for registered members

USD 250,000 +

Position Overview

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

Responsibilities

• 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, debt attributed to Keck Hospital, funds flows from Keck Hospital to the Health System, strategic business planning, decision support, performance benchmarking, and predictive analytics.
• Coordinates with the Health System level office of Revenue Cycle, Supply Chain and Purchasing, Health Information Management, Government Reimbursement, and Financial Planning and Analytics to ensure adequate service to Keck Hospital and to share managerial oversight of any staff assigned to Keck Hospital operations.
• 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; the Revenue Cycle, Purchasing & Supply, Decision Support, and Business Planning staff assigned to the Keck Medical Center.
• Builds collaborative working relationships with the University and Keck School of Medicine regarding accounting and finance issues.
• Establish a succession plan for the CFO function, conducting professional development of direct reporting personnel to fulfill all responsibilities in the absence of the CFO of Keck & Norris.
• Serves as a financial management and accounting subject-matter expert and advisor to the Keck Hospital CEO and the Health System CFO.
• Actively participate in hospital and Health System business and strategic planning, including cost allocations among the hospitals and clinical operations, capital planning, and long-term financial plans.
• Oversees system-wide functions for general ledger management, external and internal audit and internal controls, monthly financial close processes, accounting related policies and procedures, and accounts receivable/net revenue valuation.
• Performs other duties as assigned.

Required Qualifications

• Bachelor’s degree required in Finance, Accounting, Business, Health Administration, Public Administration or related field.
• Master’s degree required 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 (with preference for academic health systems).
• Direct experience with physician group practices and faculty practice plans.
• Reputation for collaboration, emotional intelligence, and ability to function in highly matrixed environments.
• 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 and maintained by renewal before expiration date. (Required within LA City only)

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 factors such as (but not limited to) the scope and responsibilities of the position, the candidate’s work experience, education/training, key skills, internal peer equity, federal, state, and local laws, contractual stipulations, grant funding, as well as external market and organizational considerations.