St. Mark Village is a five star, highly rated, Continuum of Care Retirement Community (CCRC) located in Pinellas county, Florida. For almost four decades, we have provided exceptional living options for adults 62 and older. As a not-for-profit Life Care Community, St. Mark Village is designed to promote a healthy lifestyle so that our residents can savor every moment with the peace of mind that comes with knowing we offer the full continuum of care, should the need arise.
Reporting to the Chief Executive Officer, the CFO will be responsible for all financial and fiscal management aspects of St. Mark Village operations, which includes monitoring, analyzing and directing the administrative and fiscal functions of the organization in multiple campus setting. The Chief Financial Officer will manage accounting, budget management, purchasing, financial, compliance auditing and financial reporting to regulatory agencies and committees of the organization.
The Chief Financial Officer will establish and recommend to the leadership team any major organizational economic strategies, objectives and policies. The CFO will oversee accounting functions and assure that the company is following GAAP and SAP rules as well as maintaining performance measures in accounting.
The CFO will develop and implement finance, accounting, billing and auditing procedures while establishing and maintaining appropriate internal control safeguards. The Chief Financial Officer will interact with other managers to provide consultative support to planning initiatives through financial and management information analyses, reports and recommendations.
The ideal Chief Financial Officer candidate should have five years experience in a Continuing Care Community as a CFO with extensive knowledge in Nursing Home regulations and Office of Insurance regulations. The CFO should have the ability to define problems, collect data, establish facts, and draw valid conclusions.
The Chief Financial Officer CFO will be a part of financially stable healthcare organization that offers the chance to work in a rewarding, team-oriented work environment, to earn a competitive salary and enjoy excellent benefits. They value talent, experience and a strong work ethic, but also place a premium on individuality, creative thinking and a strong sense of community.
The following areas report to the Chief Finance Officer:
Finance | Accounting | Budgeting
Revenue Cycle | Supply Chain
Business Intelligence | Forecasting
IT & Network Strategies
Essential Job Functions:
Strategic Planning & Leadership
Works with SMV executive team, the SVM Governing Board, and other leaders across the organization to develop, implement, and maintain strategic plans and activities that meet, and align with, the needs and goals of SMV.
Leads the financial operational and capital planning efforts for the organization in to achieve the goals of the overall strategic plans of the SMV.
Makes key presentations to health system leadership groups and the Governing Board; is an active member of the Executive Leadership Team.
Keeps current with the latest emerging healthcare issues, financial and non-financial, and brings those to the table in all relevant discussion forums & planning events.
Budgeting & Financial Management
Develop, implement and maintain performance standards, measurements and corrective devices which review and appraise the soundness, adequacy, and application of operating and finance controls, and ensure that approved plans are accomplished.
Coordinates the Health System contractual and other relationships with third party payers.
Ensure quality financial analysis and support in the identification, evaluation and negotiation of new business ventures, affiliations and partnerships consistent with the short and long-term strategic business plans of the health system.
Monitor key financial and operational performance ratios/measures against which the health system’s financial performance can be assessed.
Actively manages any interests in our insurance plan, our employee health plan and in our Accountable Care Organization.
Responsible for understanding and application of applicable Health Care rules and reimbursement.
Represents SMV on State and National Value Based Payment groups.
Participates on the SMV Retirement Plan Committee.
Ensure an annual review of the health system’s Investment Policy.
Maintain an in-depth knowledge of changing economic, political, regulatory and social conditions and their impact on the health system.
Establish and maintain relationships with, and represents the health system to, the medical community, government, regulatory bodies and the public.
Staff and Department Management
Conducts performance evaluations and recommends increases, promotions and disciplinary actions.
Develops departmental goals and plans designed to attain agreed upon goals.
Develops policies and procedures affecting the department and audit procedures in order to determine need for change/modifications.
Monitor and continually improve staff utilization throughout CH.
Hires, fires, and assists in the training of new employees.
Plans, coordinates, and prioritizes all operational activities in responsible departments to ensure that service levels are met or exceeded.
Communicates priorities and interaction with all SMV users and others to ensure the timely achievement of operational requirements.
Customer Service, Advisory/Communication
Provides proactive advice, counsel and services to the management and employees.
Prepares and presents performance measurements to management and executives.
Participates in key health system departmental meetings to improve communications and align service expectations with current plans.
Works with departments to ensure that productivity tools are being used and the associated benefits realized.
Provides the best possible customer service to all SMV employees.
Manages complex projects as assigned and is responsible for successful completion within budget.
Participates in professional development activities and maintains professional affiliations.
Keeps abreast of developments in the field and arranges staff training programs to improve and/or enhance skills & techniques.
Education & Experience
Requires MBA, MHA or other relevant master’s degree. CPA Desired.
Must have a minimum of 5 years of senior level financial management experience in health care, with a broad-based understanding of all aspects of related legal/regulatory issues; Requires a minimum of 10 years of management experience.
Preferred experience includes CFO experience in a healthcare setting involving Continuum of Care facilities. (CCRC)
NHA Licensing Preferred
Functional understanding of Home Health including Hospice and Palliative Care.
Must have in depth understanding of Healthcare Insurance Regulations.
Skills & Abilities:
Ability to envision the future and develop strategic plans based upon those visions, and then to take those strategic plans which align with overall system strategic goals and assist in translating them into realistic tactical plans.
Proven ability to be an integral part of the Continuum of Care healthcare model and a vertically integrated health care system.
Proven ability to direct and manage a professional staff of 15 people including supervisory level staff.
Demonstrated ability in building positive relationships.
High levels of problem-solving ability in order to proactively determine problem areas and coordinate implementation of effective solutions.
Solid project management skills with an ability to coordinate a large number of concurrent projects.
A solid understanding of healthcare business information needs.
Excellent written & verbal communication skills, and outstanding customer service skills.
The ideal candidate will possess working knowledge of the Florida regulation agencies:
Florida Department of Financial Services (FLDFS) Agency for Health Care Administration (AHCA) Department of Elder Affairs (DOEA)
Additional Salary Information: Performance Bonuses will be candidate specific and documented in advance.
Internal Number: 1
About Banther Consulting Corporation
Banther Consulting has worked with private and closely held family companies and non profits to achieve success since 1994. Our family and non profit Advisor, Ruth Banther.