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The Chief Financial Officer (CFO) reports directly to the VP, Finance Community Delivery and a key member of the Senior Leadership team at Banner Thunderbird Medical Center. You will provide leadership, direction, and administration of financial activities, including accounting, financial systems and control, compliance, financial analysis, budgeting, and reporting at the assigned facility. This is a great opportunity to be part of a large acute care facility with over 600beds at a level 1 adult trauma center on 33acres, 900, 000 square foot facility, the largest community delivery acute care facility in the state of Arizona. Recently completed $290mil expansion project with a beautiful lobby, library, heart and vascular center, state-of-the-art surgical suites, and a 200bed patient tower. The new tower includes emergency department and all private rooms.
Candidate must have recent acute care hospital experience at a mid-size or larger facility.
Your pay and benefits are important components of your journey at Banner Health. This opportunity includes the option to participate in a variety of health, financial, and security benefits. In addition, this position may be eligible for our Management Incentive Program as part of your Total Rewards package. Nonprofit Banner Thunderbird Medical Center opened its doors in 1983 and has been growing ever since to meet the health care needs of the communities it serves in northwest metropolitan Phoenix. Today, the 555-bed hospital - one of the largest hospitals in the state - is annually ranked as one of the top hospitals in the Phoenix metropolitan area by US News & World Report and enjoys a reputation as the preferred provider of care to children and adults in the area in consumer preference surveys. The tertiary care hospital provides everything from routine to advanced, specialized care to both adult and pediatric patients. Specialized services include cardiology, orthopedic surgery, pediatrics, neurosurgery, robotic surgery, stroke care and a women and infants services program. Additionally, in partnership with top-ranked MD Anderson Cancer Center, Banner Thunderbird also offers state-of-the-art cancer care. Banner Thunderbird is certified as a Joint Commission Primary Stroke Center and features a 35-bed Level III neonatal intensive care unit that cares for babies of high-risk pregnancies and those born prematurely. Banner Thunderbird is also home to the only pediatric intensive care unit for seriously ill or injured children in the area. If you would like to contribute to truly leading edge caring, we invite you to bring your experience and skills to Banner Thunderbird.
POSITION SUMMARY This position has overall accountability for providing leadership, direction, and administration of financial activities, including accounting, financial systems and control, compliance, financial analysis, budgeting, and reporting at assigned facility/entity. This position also participates in and/or leads various system level work around service lines, revenue integrity, discipline teams, etc. This position oversees financial decision-making and serves as a member of the facility/entity senior leadership team. This position is also responsible for driving, supporting and modeling a service-oriented culture focused on employee engagement, quality, patient safety, service excellence, fiscal responsibility and the overall patient experience.
CORE FUNCTIONS 1. Provides leadership in the achievement of financial and operational performance objectives and expectations including revenue growth, operational margin targets, effective expense management and overall efficiency measures. This includes the use of analytical processes to assure the achievement of initiatives and the implementation of performance improvement opportunities in the areas of operational performance, clinical excellence, patient satisfaction and employee engagement.
2. Provides leadership in evaluation and assessment of growth and operational initiatives as well as the evaluation, development and implementation of strategic programs and service lines, capital acquisition (including campus planning and future expansion) and technological investment. This includes the evaluation and assessment on future facility operations to ensure strong financial and operating outcomes.
3. Supports the achievement of performance goals, defining accountabilities and providing advancement opportunities for future leaders. This includes the role of mentor for finance staff as well as increasing financial understanding throughout the facility in order to provide a framework for sound business decisions.
4. Provides leadership, supervision, guidance and development for staff, articulating and demonstrating an expectation for continuous quality improvement, as well as continually supporting and exhibiting company values and service standards. Identifies and provides growth opportunities for staff.
5. Drives process improvements focused on innovative care delivery and/or operational models designed to improve clinical services, outcomes, patient throughput, and patient safety. Promotes a patient-centered, healing environment. Promotes the use and implementation of technology in the workplace in order to streamline operations, facilitate communications, and optimize work processes.
6. Ensures and fosters a high level of collaboration within a highly-matrixed team environment in order to coordinate activities, review work, exchange information, and resolve problems. Champions, models, and promotes service excellence philosophies and behaviors at the facility, regional, and system levels to enhance the overall patient experience.
7. Functions as an integral member of facility/entity operations, serving in an advisory capacity to applicable staff. In collaboration with leadership team members, directs and provides oversight regarding the strategic development, implementation, and maintenance of strong, comprehensive clinical and/or operational services and programs that meet system-wide organizational growth initiatives and the needs of patient populations in the community. Fosters the development and implementation of workforce initiatives effectively. Leads and influences change at the facility, regional, and/or system levels.
8. This position is responsible for the overall financial and operational performance, compliance and viability of the facility, including the development of short-term and long-term business strategies, the deployment of effective resource utilization, the ability to make sound business decisions and a complete understanding of operations. This position is responsible for coordinating services with other administrators, internal legal counsel, executives, and other staff. Customers of this position are both internal and external, including leadership, staff, medical staff, regulatory agencies, and the community.
Performs all functions according to established policies, procedures, regulatory and accreditation requirements, as well as applicable professional standards. Provides all customers of Banner Health with an excellent service experience by consistently demonstrating our core and leader behaviors each and every day.
MINIMUM QUALIFICATIONS Strong knowledge and understanding of business and financial healthcare as normally obtained through the completion of a Bachelor's Degree in Business, Accounting, Finance or other related degree.
Must possess a strong knowledge and understanding of financial operations as normally demonstrated through a minimum of five years of progressively responsible financial leadership experience. Demonstrated ability to provide leadership in a way that reinforces the organization's mission, vision and values. Capable of providing leadership which displays a positive attitude and flexibility in changing situations, participates in identifying problems and suggesting solutions through partnering with both facility and system leaders. Must demonstrate the ability to communicate effectively through written and oral presentations in a way that engenders understanding and trust. Demonstrates analytical, problem solving and negotiation skills.
Employees working at Banner Behavioral Health Hospital must possess an Arizona Fingerprint Clearance Card at the time of hire and maintain the card for the duration of their employment.
PREFERRED QUALIFICATIONS Master's Degree and prior experience working as a CFO in an integrated delivery system or medical center preferred. Membership in industry organizations or other credentials that show ability to network and obtain peer acceptance. Additional related healthcare finance education and/or experience preferred.
Additional related education and/or experience preferred.
Internal Number: R28023
About Banner Health
You want to change the health care industry – one life at a time. You belong here. You’re excited to be part of the dramatic changes happening in the health care field. In fact, you thrive on change. But you also understand that excellent, compassionate patient care is the true measure of the success of these changes. You belong at Banner Health. Our award-winning, comprehensive health system includes 23 hospitals in seven western states, primary care health centers, research centers, labs, a network of physician practices and much more. Throughout our system, skilled, compassionate professionals use the latest technology to change the way care is provided. If you’re looking to be a key contributor to a forward-looking organization, you’ll experience a wide variety of professional advantages: •Our vision for changing the future of health care gives you the opportunity to leverage your abilities to achieve something historic. •Our expansive system offers you an unmatched variety of clinical settings – from large urban trauma center to small rural hospital, ambulatory to home health. Our system also includes hospitals specializing in cancer, heart health and pediatrics. •Our many loc...ations also translate into a broad selection of exciting and rewarding lifestyle options – from the big city to the wide-open spaces. •Our commitment to healthcare innovation means you always have the latest technologies at your fingertips to help you provide the finest care possible. •The size, success and growth of our system provide you with the stability and options to pursue your desired career path. •Our competitive compensation and comprehensive benefits offer you options to complement your unique needs.