PATTON-FULLER COMMUNITY HOSPITAL - EXECUTIVE OFFICERS - JOB DESCRIPTION - Chief Financial Officer

Sep 14, 2026

Uploaded by Eliana

Job description for the Chief Financial Officer at Patton-Fuller Community Hospital, reporting to the President/CEO and working closely with the Board of Directors and department heads. The role ensures accurate, compliant financial and accounting records, advises leadership on finance and accounting matters, and oversees admissions-related billing and collections. Responsibilities include financial statements, budgeting, cash-flow planning, accounts payable, audits support, IT-finance systems coordination, internal controls, reporting to funders and compliance with applicable laws and regulations.

LanguageEnglish

CategoryLetters

FormatPDF

Pages2

Reading Time1 min

AccessFree to download

JOB DUTIES

Financial oversight and reporting

Budgeting, cash flow, and collections

Audits, controls, and compliance

EDUCATION AND EXPERIENCE

PATTON-FULLER COMMUNITY HOSPITAL EXECUTIVE OFFICERS JOB DESCRIPTION POSITION: Chief Financial Officer DESCRIPTION: The Chief Financial Officer will report to and work closely with the President/CEO. The CFO is directly responsible for maintaining the financial and accounting records of the Hospital and will ensure that such records fairly reflect the financial condition of the organization and that the records comply with applicable accounting standards as well as all local, state and federal laws and regulations. The CFO will advise the President/CEO, the Board of Directors and all Hospital department heads on issues of finance and accounting as requested. The position oversees patient admissions as well as billings and collections. In addition, the CFO oversees the administration of the Accounts Payable and will establish policies and procedures for the payment of accounts in accordance with the financal plan and cash flow requirements of the organization. The CFO will work with other hospital departments to meet their Information Technology needs and oversees the operation of all IT operations in the Hospital. JOB DUTIES: Job duties listed are the essential functions of this job title 1. Responsible for all financial matters of PFCH. 2. Oversees the preparation of the financial statements ofthe Hospital. 3. Oversees the day-to-day maintenance of the accounting records of the Hospital. 4. Oversees the preparation of the financial budget of the Hospital. 5. Works closely with the Chief Development Officer and the Director of Planning in regards to financial information needed for effective strategic planning. 6. Responsible for cash flow planning for the Hospital. 7. Oversees billings and collections. 8. Oversees Accounts Payables. 9. Works with the independent auditors to ensure all required information is available to make a professional judgment on the accuracy of the financial reports. 10. Oversees cash, investment, and asset management. Makes recommendations to the President/CEO and/or the Board of Directors as to strategies for the use of cash and resources. 11. Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans. 12. Works with the Chief Development Officer and the Director of Business Development to analyze all financial information relating to new business development opportunities. 13. Coordinates the development and monitoring of departmental budgets. 14. Develops financial business plans and forecasts. 15. Represents the Hospital to financial partners, including financial institutions, investors, foundation executives, auditors, public officials, etc. 16. Ensure maintenance of appropriate internal controls and financial procedures. 17. Ensure timeliness, accuracy, and usefulness of financial and management reporting for federal and state funders, foundations, stockholders, and board of directors; oversee the preparation and communication of monthly and annual financial statements. 18. Coordinate audits and proper filing of tax returns. 19. Ensure legal and regulatory compliance regarding all financial functions. 20. Coordinates with all Hospital departments on the acquisition and use of Information Technology systems and resources. EDUCATION AND EXPERIENCE: 1. A BS in accounting or management is required. 2. A Master’s Degree in business administration or accounting is required. 3. Designation as a CPA or a Doctoral degree in accounting or taxation is a plus. 4. Ten years experience in increasingly responsible positions in corporate management and finance. 5. At least five years experience as CFO or equivalent, preferably in a hospital with a budget of at least $10 million. 6. Experience in a senior financial-management role, partnering with executive staff, resulting in the development and implementation of creative financial management s

FAQs

Who does the Chief Financial Officer report to and collaborate with?

The Chief Financial Officer reports to and works closely with the President/CEO, and advises the Board of Directors and all hospital department heads as requested.

What are the CFO’s core responsibilities for hospital finances?

The CFO maintains financial and accounting records, oversees preparation of financial statements and budgets, manages cash flow planning, oversees billings and collections, and administers Accounts Payable policies and procedures.

What education and experience are required for the CFO position?

A BS in accounting or management and a Master’s degree in business administration or accounting are required. The role also requires ten years of progressively responsible corporate management and finance experience, including at least five years as CFO or equivalent.

Sep 14, 2026

Uploaded by Eliana