Description
MILITARY VETERANS
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. As CFO of the academic medical center in the health system. The CFO KMC will partner with the CFO USC Care and other system leaders to facilitate the management and ongoing review of the funds flow process with the Keck School of Medicine (KSOM). Essential Duties: Responsible for the finance functions of Keck Hospital Accounting in regards to 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-terms plans of finance. Oversees the following 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: Req Bachelors Degree Bachelor’s degree required in Finance, Accounting, Business, Health Administration, Public Administration or related field Req Masters degree Master’s degree required in Finance, Accounting, Business, Health Administration, Public Administration or related field Req 10 years Progressive financial healthcare management experience (5 years at a senior/executive level). Req Leadership experience at multi-hospital systems (with preference for academic health systems). Req Direct experience with physician group practices and faculty practice plans. Req Reputation for collaboration, emotional intelligence, and ability to function in highly matrixed environments. Req Proven ability to manage people and create professional development plans. Preferred Qualifications: Pref Certified Public Accountant – CPA Active and current Certified Public Accountancy (CPA) Required Licenses/Certifications: Req 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 candidates 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.