VP Finance & CFO

Requisition ID 2024-85054
Facility
Penrose Hospital
Shift
Days
FTE
1.000
FLSA Status
Exempt
Category (Portal Searching)
Leadership
Department : Name
CORP ADMIN PENROSE
Anticipated Position Closing Date
1/31/2025

Welcome to CommonSpirit Health Mountain Region

CommonSpirit Health Mountain Region is committed to building healthier communities, advocating for those who are poor and vulnerable, and innovating how and where healing can happen—both inside our hospitals and out in the community. With locations throughout Colorado, Utah, and Kansas, we deliver the same high standard of care to our employees as we do to our patients. Our 20 hospitals, emergency and urgent care centers, home care and hospice, Flight for Life ColoradoTM , telehealth and over 240 physician practices and clinics offer endless opportunities! Here, you can grow your career and impact the people in the communities you serve.

 

CommonSpirit Health is one of the nation’s largest nonprofit, faith-based health systems, with a team of over 150,000 employees and 25,000 physicians and advanced practice clinicians. CommonSpirit operates more than 2,200 care sites and 140 hospitals, serving some of the most diverse communities across the nation, letting humankindness lead the way.

Overview

You have a purpose, unique talents and now is the time to embrace it, live it and put it to work. We value incredible people with incredible skills – but your commitment to a greater cause is something we value even more. This is the heartbeat of our organization and your time will be spent in a supportive, team environment with resources to help you flourish and leaders who care about your success.

 

Reporting to the Market CFO, the Chief Finance Officer for Penrose Hospital provides financial leadership, analysis, and operational support to all levels of management. Participates in the Finance Council which has responsibility to set overall financial policies and procedures. Responsible for those accounting and finance functions delegated to the entity.

  • Participate as a member of the Finance Council in the development of policies and procedures related to finance and accounting, and in helping the Council provide financial direction.
  • Participate in the monthly financial statement preparation process by accumulation of documentation to support monthly journal entries for the following areas: contractual allowances using the established format, bad debt allowances using the established format, analysis and transfer of construction-in-progress, nonsystem generated accruals, and accruals for miscellaneous non-patient billings.
  • Direct the preparation of the operating and capital budgets an dmonitor performance against budget. Manage capital expenditure process and direct the required reporting. Maintain appropriate internal controls within designated operating group.
  • Manage the admitting/patient registration, Health Information Services, and coding functions within the designated operating group, and insure that the operating group responsibilities within the billing and collection process are accurate and timely. Assist department managers in maintaining the Entity Charge Description Master, and insure that all policies and procedures related to pricing and billing are met in conjunction with the Director of Revenue Compliance and CDM. Direct the prepartion of bill/invoices and the collection of all facility-based, non-patient accounts receivable.
  • Support designated operating group management by analyzing operating performance, identifying improvement opportunities, and determining actions to be taken to meet performance targets.

Qualifications

In addition to bringing humankindness to the workplace each day, qualified candidates will need the following:

  • Masters degree required; Certified Public Accountant (CPA) preferred
  • Minimum five (5) years of financial management experience in a hospital (or other type of healthcare entity as appropriate)
  • Ability to provide assistance, analysis, recommendations for improvement, budgeting assistance, and other educational assistance to entity senior management and department directors

Your Connected Community

We believe in the healing power of humanity and serving the common good through our dedicated work and shared mission to celebrate humankindness. 

 

Penrose - St. Francis Health Services is a full-service, 712-bed acute care provider in Colorado Springs comprised of Penrose Hospital, St. Francis Hospital and St. Francis Hospital - Interquest. Penrose Hospital serves as the anchor hospital of Penrose-St. Francis Health Services with 300-licensed beds and the ability to provide tertiary (high tech) medical-surgical services with an emphasis on elective and outpatient care. Established in 1890, Penrose Hospital has grown to become a major health treatment and referral center, specializing in cancer care, cardiac care, emergency trauma care and physical rehabilitation.

 

It’s an incredible time to join us as we are a proud Magnet® Hospital with designation from the American Nurses Credentialing Center (ANCC) for superior quality in nursing care. With more than 300 days of annual sunshine, mild winters and easy-to-access recreational areas like Pikes Peak, Garden of the Gods and some of Colorado’s top destination resorts, you will enjoy an incredible lifestyle while having the career you’ve always wanted.

Our Total Reward Offerings

Be sure to consider our generous benefits as part of your overall compensation!  Designed with your well-being in mind, our benefits include:

  • Medical
  • Dental
  • Vision
  • 401K with generous match
  • Daycare FSA that can include a company contribution
  • Tuition Reimbursement
  • Student Loan Forgiveness and more! 
  • Executive Relocation package where applicable

To show our commitment to you and assist with your transition into our organization, we may offer a sign-on and relocation bonus when applicable. Additionally, this position is eligible for incentive pay based on company performance.

 

View more on our benefits HERE.

Pay Range

$88.46 - $123.84 / hour

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