Chief Financial Officer

Description:

Madison Medical Center, a well-established Critical Access Hospital (CAH) in Southeast Missouri, is seeking an experienced, strategic, and results-driven Chief Financial Officer (CFO) to join our executive leadership team. The CFO will play a key role in overseeing all financial operations, ensuring financial health, and contributing to the hospital’s mission of providing high-quality healthcare services to our community.

Key Responsibilities:

• Financial Management: Oversee the hospital's financial operations, including budgeting, forecasting, and financial reporting, ensuring compliance with all regulations and accounting standards.
• Strategic Planning: Collaborate with the CEO and executive team to develop long-term strategies and financial plans to support hospital growth and sustainability.
• Revenue Cycle Management: Supervise billing, collections, reimbursement, and payer relationships to optimize revenue streams.
• Financial Reporting: Prepare and present regular financial reports to the Board of Directors, CEO, and senior leadership, highlighting key performance indicators, trends, and actionable insights.
• Regulatory Compliance: Ensure adherence to federal, state, and local healthcare regulations, including those specific to Critical Access Hospitals, and manage the hospital’s financial audit process.
• Cost Control & Efficiency: Identify areas for cost reduction, efficiency improvements, and implement strategies for maintaining financial stability in a challenging healthcare environment.
• Leadership & Team Development: Lead, mentor, and develop the finance team, promoting a culture of accountability, professionalism, and continuous improvement.

Benefits:

• Competitive salary
• Comprehensive benefits package (health, dental, vision, retirement)
• Paid time off and holidays
• Professional development opportunities
• Supportive, mission-driven work environment

Qualifications:

• Education: Bachelor’s degree in Finance, Accounting, Business Administration, or related field required.
• Experience: Minimum of 2-5 years of financial management experience preferred. Prior experience in a Critical Access Hospital or rural healthcare environment is highly desirable.
• Knowledge: Strong understanding of healthcare finance, including reimbursement systems, regulatory requirements, and cost containment strategies.
• Skills: Proven leadership, strategic thinking, problem-solving, and communication skills. Expertise in financial software, healthcare finance systems, and Excel.
• Personal Attributes: Strong ethical standards, a commitment to patient care, a collaborative team-oriented approach, and the ability to handle multiple priorities in a fast-paced environment.

To Apply:

Interested candidates should submit a resume, cover letter, and references to:  jpenuel@madisonmedicalcenter.net.  Applications may also be submitted on our website at:  www.madisonmedicalcenter.net/careers.