CFO in Training

Responsibilities of the Chief Financial Officer in Training: During the training program, the CFO in training will focus on developing the following skills and responsibilities:

Monitor and control accounts receivables.
Oversee Business Office functions to ensure cash collection goals are met and net revenue is accurately reported.
Improve the profitability of the hospital by monitoring costs, particularly in relation to patient volume and staffing.
Develop and enforce policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced operating costs, and increased revenues.
Prepare monthly financial statements, financial packages, and reports/analysis.
Provide reconciliations, account analysis, and other information to support the Reimbursement Department, Tax Department, Auditors, etc.
Collaborate with management and department heads to prepare the annual budget, reviewing prior financial results and identifying future needs and trends of the facility.

Minimum Requirements for the Program: To be considered for the CFO Training Program, candidates must meet the following criteria:

Bachelor's degree in Accounting or Finance is required. Master's degree is preferred.
Experience working in a healthcare setting is preferred.
Experience in healthcare finance and accounting, including AP/AR, payroll, and general accounting.