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Chief Financial Officer - Full Time

SHERIDAN COMMUNITY HOSPITAL
Posted 3 months ago, valid for 18 days
Location

Sheridan, MI 48884, US

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • The Chief Financial Officer (CFO) position is located in Sheridan, MI, and is responsible for the financial leadership and fiscal health of a small rural hospital.
  • This role requires a minimum of 5 years of progressive financial leadership experience in healthcare, along with a Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
  • The CFO will oversee strategic financial planning, budgeting, cash flow management, and ensure compliance with federal and state regulations.
  • Salary details are not explicitly mentioned, but the role demands a high level of expertise in managing the financial sustainability of a low-volume, high-fixed-cost environment.
  • The successful candidate will serve as a key member of the executive leadership team, presenting financial reports and supporting strategic initiatives.

Job Details

Job Location: Sheridan, MI 48884
Job Shift: Day

The Chief Financial Officer (CFO) is responsible for the overall financial leadership and fiscal health of the hospital. In a small rural hospital environment, this role combines strategic financial planning with day-to-day oversight of accounting, budgeting, reimbursement, revenue cycle, purchasing, and regulatory financial compliance. The CFO serves as a key member of the executive leadership team, supporting sustainable operations while ensuring compliance with federal and state regulations.

Financial Leadership & Strategy

  • Serve as the hospital’s senior financial executive and strategic advisor
  • Develop and maintain short- and long-term financial strategies aligned with the hospital’s mission, community needs, and rural healthcare challenges.
  • Prepare and present financial reports, dashboards, and analyses to executive leadership and the Board.
  • Support strategic initiatives

Budgeting & Financial Management

  • Lead the annual operating and capital budgeting process; monitor monthly budget performance and variances.
  • Ensure effective cash flow management, financial forecasting, cost reporting and reserve planning.
  • Oversee cash management, investments, debt obligations, and banking relationships.
  • Ensure financial sustainability in a low-volume, high-fixed-cost rural hospital environment.

Revenue Cycle & Reimbursement

  • Provide executive oversight of the revenue cycle, including billing, coding, collections, and payer relations.
  • Ensure accurate reimbursement from Medicare, Medicaid, commercial payers, and grant programs, with attention to rural health and CAH methodologies.
  • Support CMS cost reporting

Compliance & Regulatory Oversight

  • Ensure compliance with applicable federal and state regulations including CMS, Medicare/Medicaid rules, and other healthcare financial requirements.

Qualifications


Education

  • Bachelor’s degree in Accounting, Finance, Business Administration, or related field required.
  • Master’s degree in Finance (MBA, MHA, or equivalent) preferred.

Experience

Minimum of 5 years of progressive financial leadership experience in healthcare




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