Chief Financial Officer (CFO) - Ray County Hospital and Healthcare
Location: Richmond, MO (40 mins from downtown Kansas City)
Type: Full-Time, Executive Leadership
Ray County Hospital and Healthcare, a well-established Critical Access Hospital (CAH) in Richmond, Missouri, is seeking an experienced, strategic, and results-driven Chief Financial Officer (CFO) to join our executive leadership team. The CFO will play a crucial role in overseeing all financial operations, ensuring financial health, and contributing to the hospital's mission of delivering high-quality healthcare to our community.
Key Responsibilities:
Financial Oversight: Direct all financial operations, including budgeting, forecasting, and reporting, while ensuring compliance with regulatory and accounting standards.
Strategic Leadership: Partner with the CEO, Leadership Team, and board to develop long-term financial strategies that support hospital growth and sustainability.
Revenue Cycle Optimization: Supervise billing, collections, reimbursement, and payer relationships to maximize revenue and cash flow.
Financial Reporting & Analysis: Prepare and present financial reports to the Board of Directors, CEO, and senior leadership, highlighting key performance indicators and trends.
Regulatory Compliance: Ensure adherence to federal, state, and local healthcare regulations, including those specific to Critical Access Hospitals. Manage audits and compliance processes.
Cost Management & Efficiency: Identify areas for cost savings and implement strategies to maintain financial stability in a complex healthcare environment.
Leadership & Team Development: Mentor and lead the finance team, fostering a culture of accountability, professionalism, and continuous improvement.
Qualifications:
Education: Bachelor's degree in Finance, Accounting, Business Administration, or a related field required; Master's degree or CPA preferred.
Experience: Minimum of 10 years of financial management experience preferred. Experience in a Critical Access Hospital (CAH) or rural healthcare setting highly desirable.
Knowledge & Skills:
In-depth understanding of healthcare finance, including reimbursement systems, regulatory requirements, and cost control strategies.
Strong leadership, problem-solving, and strategic thinking abilities.
Proficiency in financial software, healthcare finance systems, and Excel.
Personal Attributes: Ethical integrity, commitment to patient-centered care, strong communication skills, and the ability to thrive in a fast-paced environment.
About Ray County Hospital and Healthcare
Ray County Hospital and Healthcare is a Critical Access Hospital (CAH) dedicated to providing high-quality, patient-centered care to our community. With 25 inpatient beds and a comprehensive outpatient clinic, we offer a full range of medical services to meet the diverse healthcare needs of our community.
As part of our commitment to excellence and innovation, we have recently made a multi-million dollar investment in a state-of-the-art Electronic Medical Records (EMR) system, enhancing efficiency, patient safety, and care coordination.
Conveniently located just 45 minutes from downtown Kansas City, Ray County Hospital and Healthcare combines the accessibility of rural healthcare with the advantages of being near a major metropolitan area. Our dedicated team of professionals is committed to delivering compassionate, high-quality care while embracing the latest advancements in healthcare technology.