VP Finance & CFO

Requisition ID 2024-85055
Facility
Mercy Regional Medical Center
Shift
Days
FTE
1.000
FLSA Status
Exempt
Category (Portal Searching)
Leadership
Department : Name
CORP ADMIN MRMC
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 Mercy Hospital, and our affiliated rural hospitals, 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.

 

Mercy Hospital is an 82 bed, acute care hospital located in the scenic southwestern Colorado town of Durango. It is the only hospital in Colorado to be rated by Medicare with five stars for overall hospital quality. It is recognized for excellence in orthopedic and spine surgery and for outstanding patient experience and patient safety. Mercy has also received ten consecutive ‘A’ grades for patient safety from The Leapfrog Group. Our providers use state-of-the-art technology in an environment designed to promote wellbeing and healing of body, mind, and spirit.

 

Among the many specialty services available at Mercy are emergency care (Level III trauma designation), surgical care, cardiac care (including interventional), Orthopedic and Spine Centers of Excellence, a Family Birthing Center, home care, hospice care more. Durango offers an exceptional quality of life with small town charm, excellent schools, and year-round, world-class outdoor recreation opportunities including snow sports, river sports, hiking, biking, camping and more.

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

$88.45 - 123.84 / hour

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