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Area Chief Financial Officer
Ref No.: 18-17128
Location: Oakland, California, California
In collaboration with the Area Manager & Chief Operating Officer, the Area Financial Officer II drives the financial & operational performance of the Area. Serves as the local representative of Regional Finance, ensuring a consistent approach to managing performance. Oversees the development of short & long range financial plans, performance improvement plans, budgets, capital plans & business plan for the Area. The Area Finance Officer (AFO) is also accountable for maintaining the integrity of overall Area fiscal operations, including adherence to region-wide policies & procedures, Sarbanes-Oxley, revenue collection, patient billing, admitting, & Health Information Management. The AFO acts as the Chief Financial Officer for the Area, & serves as the liaison between the Area & regional services for fiscal operations. Establishes & maintains strong working relationships with Regional Senior leadership & TPMG.

Essential Functions:
• Responsible for driving performance, in collaboration with the Area Manager, & Chief Operating Officer Establishes & manages the process for improving performance reviewing performance against plan, identifying performance drivers & improvement opportunities. Partners with other AFOs & Regional Finance to develop recommended approaches that drive consistency & standardization across the Region.
• Drives the standardization of financial & planning processes. Responsible for consistent practices among Areas, & coordinating activities between the Area & Regional Finance. Ensures that issues associated with Region versus Area responsibilities are surfaced & resolved. Collaborates with financial counterparts in the medical group. Responsible for maintaining a collaborative relationship between finance personnel in the Area & the medical group. Champions regional initiatives & drives local implementation of initiatives (e.g., DHMO, KP HealthConnect, cost center standardization & UCOA). Coordinates & provides oversight to Shared Services activities including IT, materials management, Payroll & Accounts Payable.
• Responsible for the development of annual & multi-year forecasts of Area revenue & expense. Develops overhead allocation in conjunction with regional departments. Partners with the Area Manager & Senior Leadership to develop & implement financial plans & budgets, including medical services & capacity planning. Responsible for cost management methodology & capital requirements.
• Directs the analysis & oversight of performance to operational budgets including benchmarking & opportunity analysis & ensures day to day cost performance. Prepares reports & analyses relating to membership, revenues, expenses, & utilization. Directs the design & implementation of data collection & reporting systems. Provides direction to Area Manager & Area finance team on appropriate financial policies & procedures. Works with Regional Finance to develop standardized approaches related to key
processes including budgeting, forecasting, reporting, & capital planning. Identifies opportunities to eliminate rework & redundancies between the Areas & Region.
• Responsible for the development of a long-range capital plan & business plan addressing market trends & area needs. Partners with Senior Leadership & TPMG in addressing Area operational & service delivery needs; develops short-term & long-term plans to address these needs.
• Plans, organizes & directs, through management & supervisory personnel, the cost-effective operations of the departments responsible for all patient/third party billing, disability & other claims, & local cash control management/reporting.
• This job description is not all encompassing.
Basic Qualifications:
• Minimum twelve (12) years of combined, progressive experience in financial management, financial planning and analysis or other combination of financial management disciplines to include at least six (6) years in a direct management capacity.
• Bachelor's degree in business administration, economics, finance, health care administration, operations research, public health administration, or other related field.
• High School Diploma OR General Education Diploma (GED) required.
License, Certification, Registration
• N/A

Additional Requirements:
• Extensive knowledge of federal, state and regulatory accounting and reporting regulations, GAAP, cost management techniques, financial analysis and budgets required.
• Demonstrated expertise as a financial and strategic leader, with excellent problem-solving skills, proven capability to motivate change and galvanize action, proven ability to balance execution of a strategic vision with a willingness to dive into details, and consistent results orientation.
• Demonstrated leadership capabilities, including excellent interpersonal skills (negotiation, listening and communication), willingness to challenge the "status quo ", demonstrated political savvy, and open, collaborative leadership style that promotes teamwork and partnership.
• Must be able to work in a Labor/Management Partnership environment in a highly unionized environment.

Preferred Qualifications:
• Master's degree strongly preferred.
• CPA strongly preferred.
• Background in financial decision-making in a health care setting including revenue cycle, planning, finance, operations, consulting and capital budgeting/modeling strongly preferred.

Employee Status:
Yes, 20 % of the Time
Job Level:
Director/Senior Director
Job Type:
More Information About the Job
Is Relocation Available?
Yes, nationwide

Is there a bonus structure?
20% or higher

Are you open to sponsorship?

This position is:

Is there a possibility to work remote?

Is there equity?

Are there flexible work hours?

Does this position have direct reports?

Who does this position report to?
Area Manager in Oakland.

What are the 3-4 non-negotiable requirements on this position?
MUST HAVE HOSPITAL OPERATIONS EXPERIENCE. Must have worked in a hospital at the CFO level.

What is exciting about this opportunity? Please use this section to describe team and company culture.
Is a senior leader in one of Healthcare's largest regions. High visibility position. Opportunity for advancement into other executive level roles.

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