CFO - Waco/Providence

Benefits

Paid time off (PTO)

Various health insurance options & wellness plans

Retirement benefits including employer match plans

Long-term & short-term disability

Employee assistance programs (EAP)

Parental leave & adoption assistance

Tuition reimbursement

Ways to give back to your community

_*Please note, benefits and benefits eligibility can vary by position, exclusions may apply for some roles (for example: Travel, PRN, Short-Term Option, etc.). Actual compensation offer will vary based upon role, education, experience, location, and qualifications. Connect with your Talent Advisor for additional specifics._

Responsibilities

The hospital CFO is a Strategic Leader, responsible for refining and improving existing business models and developing new business models for current and future changes to health care economics. Keys to the success of this position will be strong strategic skills, leadership ability, and knowledge base to help 1) integrate various Ascension-wide strategies; 2) optimize financial performance and 3) develop business models for strategic opportunities including new ventures, partnerships, and continuum of care business development planning and expansion.

POSITION ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Essential Functions:

Essential functions include the following. Other duties may be assigned.

• Senior Leadership and Strategy . Serve as an integral member of the senior leadership team with shared responsibility for organizational strategic planning, oversight, decision making and change management. Align work to larger strategic plan and assume lead role in oversight of Financial policy, programs, process and research. Determine priorities and plans, set clear goals and accountabilities for finance staff, monitor progress and assure targets are reached. Provide expertise associated with business/finance issues. Support spiritual formation programs and champion those that relate to financial leaders.

• Talent Management . Work with the Hospital Presidents and System leadership to develop finance team and partnering strategies to meet organizational needs. Motivate and engage non-financial leaders, physicians and clinical staff. Provide education, supervision, coaching, performance management and career development opportunities. Address behavioral and procedural concerns, resolve conflicts and take corrective and disciplinary action. Drive annual evaluations and financial leadership succession plans.

• Stewardship. Drive utilization management to ensure effective use of organization resources and reduce cost of delivery of care. Analyze and achieve efficiency in the delivery of care and supply chain opportunities and apply principals of process management and control. Partner with other leaders to manage financial relationships, eliminate waste and reduce unnecessary expense.

• Business and Market Opportunities . Provide financial vision and advice on the development and implementation of new service lines and growth opportunities, and formulate and implement strategic and tactical plans to grow market share. Identify, assess and catalyze potential organization alliances that help the ministry achieve its strategic vision. Use a systems approach to meet needs of community and provide healthcare services. Develop and maintain relationships with physician groups, other healthcare providers, research groups and academic institutions for the purposes of business collaboration.

• Internal Relations and Communications . Serve as a key liaison between Finance and administration areas. Work in close partnership with other non-financial leaders to build highly effective delivery models. Drive cross-functional teamwork and communication with the goals of optimizing financial performance. Provide financial expertise and leadership to all areas of the region/hospital and facilitate a common understanding. Promote, exemplify and support the Ascension Health Values.

• External Relations . Represent finance and the ministry with external stakeholders and build collaborative external relationships. Participate in committees and perform special projects as needed. Serve as champion for customer service including patient satisfaction outcomes and continuous improvement. Work with policy makers and local staff to impact legislation.

• Catalyze Change . Serve as a change agent and champion to drive organizational transformation in alignment with strategy and vision. Foster a culture of shared ownership, continuous quality improvement, risk management and cost control. Engage and work with interdisciplinary teams to identify and implement change. Solicit input from key constituencies, engage them in the change, gain buy-in and support, and overcome resistance toward change. Foster a proactive learning organization culture where events are systematically processed and process adjustments are made in real time.

• Data, Informatics and Technology . Support and champion the use of improved healthcare information technology to achieve optimal quality, efficiency, safety, data sharing, and financial efficiencies. Foster the effective transition and support for technology with finance.

• System Role . Provide leadership in operationalizing the activities associated with Ascension Health Financial Excellence. Facilitate and drive communication and networking among financial leaders and non-financial leaders and across the ministry and within Ascension Health. Support and develop mechanisms to ensure the communication and spread of financial best practices throughout Ascension Health. Actively participate in Ascension Health financial activities, programs and meetings and serve as a local representative. Assure cascading alignment of financial staff with the mission, vision and strategic direction of Ascension Health.

Requirements

EDUCATION and/or EXPERIENCE:

• BS/BA required

• Demonstrated leadership experience with a strong record of accomplishment.

Preferred :

• 10 years leadership experience

• CPA or MBA preferred

• Demonstrable financial leadership experience.

• Proven track record in complex organization managing multiple, strategic projects.

• Experience with areas including but not limited to healthcare delivery, quality, risk management, informatics, compliance, process improvement, strategic planning, and change management.

• Board membership experience and/or community involvement.

Additional Preferences

SKILLS, KNOWLEDGE & ABILITIES:

• Drives Financial Alignment . Addresses multiple perspectives and drives alignment and shared ownership of financial objectives with different stakeholders, medical staff, teams and allied functions.

• Demonstrates Financial Expertise . Demonstrates financial thought leadership and knowledge in the areas of medical/clinical practices, trends, research, technologies, interdisciplinary collaboration, policies and standards.

• Models Systemic Thinking . Utilizes systemic and balanced understanding of all aspects of healthcare finance and administration to strategically assure financial, quality, access, growth and cost control.

• Manages Financial Data and Metrics . Identifies, tracks, analyzes and communicates key measurements and leverages best practices.

• Builds Internal and External Relationships . Builds and utilizes a network of highly collaborative relationships and engages diverse audiences in regard to technical and organizational medical issues, both internally and externally.

• Exhibits Legal, Regulatory and Financial Knowledge . Maintains working knowledge of healthcare standards, legal, regulatory, policy, finance and compliance issues.

Critical Executive Leadership Competencies:

• Models Integrity and Values . Genuinely cares about people, especially the poor and vulnerable; communicates openly and honestly to foster trust relationships among colleagues and those we serve; recognizes and understands that leadership is a call to serve others and that this service is a commitment to life; fosters personal growth and demonstrates reverence.

• Makes Effective Decisions . Secures and compares information from multiple sources to identify mission, business, community and patient issues; commits to an action after considering the input of those impacted by the decision and weighing alternative solutions against important decision criteria and the common good.

• Inspires and Engages People . Passionately and effectively presents a transformational vision; creates a clear and compelling view of the future state by helping others understand and feel how clinical and ministry outcomes will be different when the vision is achieved; clearly conveys how the vision supports the mission of the health ministry.

• Achieves Values-Based Results . Sets high goals, consistent with our values, for personal and group accomplishment; tenaciously works to meet or exceed those goals; measures progress and derives satisfaction from goal achievement and continuous improvement.

• Cultivates Partnerships . Initiates and maintains strategic relationships with stakeholders inside and outside the health ministry (e.g., physicians, politicians and lobbyists, payers, suppliers and community representatives) to advance shared goals; seeks and considers stakeholder perspectives and promotes fairness in dealings with others.

• Displays Strategic Influence . Creates and executes influence strategies that persuade key internal and external stakeholders to take action that will support mission, organization and department goals. Proactively communicates the mission and business case to stakeholders and relevant political entities.

#le@der

Why Join Our Team

Ascension associates are key to our commitment of transforming healthcare and providing care to all, especially those most in need. Join us and help us drive impact through reimagining how we can deliver a people-centered healthcare experience and creating the solutions to do it. Explore career opportunities across our ministry locations and within our corporate headquarters.

Ascension is a leading non-profit, faith-based national health system made up of over 134,000 associates and 2,600 sites of care, including more than 140 hospitals and 40 senior living communities in 19 states.

Our Mission, Vision and Values encompass everything we do at Ascension. Every associate is empowered to give back, volunteer and make a positive impact in their community. Ascension careers are more than jobs; they are opportunities to enhance your life and the lives of the people around you.

Equal Employment Opportunity Employer

Ascension will provide equal employment opportunities (EEO) to all associates and applicants for employment regardless of race, color, religion, national origin, citizenship, gender, sexual orientation, gender identification or expression, age, disability, marital status, amnesty, genetic information, carrier status or any other legally protected status or status as a covered veteran in accordance with applicable federal, state and local laws.

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As a military friendly organization, Ascension promotes career flexibility and offers many benefits to help support the well-being of our military families, spouses, veterans and reservists. Our associates are empowered to apply their military experience and unique perspective to their civilian career with Ascension.

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Please note that Ascension will make an offer of employment only to individuals who have applied for a position using our official application. Be on alert for possible fraudulent offers of employment. Ascension will not solicit money or banking information from applicants.

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