Chief Financial Officer - Indiana Market
Ascension

Indianapolis, Indiana

Posted in Financial Services


This job has expired.

Job Info


We Are Hiring:

Position Summary

The In-market CFO is a Catalyst/Strategic Leader, responsible for developing new business models for current and future changes to health care economics. Keys to the success of this position will be strong strategic skills, leadership ability, and knowledge base to help 1) integrate various Ascension-wide strategies; 2) minimize impact on financial performance through understanding of the clinical processes and market shifts; and 3) develop business models for strategic opportunities including new ventures, partnerships, and continuum of care business development planning and expansion.

What You Will Do:

Responsibilities

  • Provide leadership in ensuring that Ascension lives its mission through excellent stewardship of the system's resources.
  • Serve as a member of the leadership team and participate in development of the organization's vision, policies and short/long-term objectives.
  • Recommend strategies based financial, accounting and industry trends.
  • Serve as liaison on financial matters among Board of Directors, executive leadership, management, financial institutions, and regulatory agencies.
  • Establish measurements of productivity and assure that standards are maintained.
  • Maintain a strong internal control environment.
  • Provide a single, reliable source of financial data and analytics.
  • Review financial information, analyze variances, recommend & implement plan of action to correct areas of concern.
  • Anticipate and address financial, strategic and operational issues and opportunities.
  • Serve as a strategic business partner to all leaders within the market and Ascension.
  • Employ deep financial expertise to deliver service-oriented, highly responsive results and share information transparently.
  • Understand the changing health care economics and needed business model changes.
  • Develop business models for current and future opportunities including new ventures, partnerships, service line growth and management and capital investments.
  • Understand market shifts and related physician relations dynamics.
  • Develop key payer strategies and opportunities.
  • Understand the business, clinical and administrative capability to deliver risk based contracts.
  • Understand clinical processes, variations and impact on financial performance.
  • Understand consumerism impacts from pricing and narrow networks.
  • Participate in continuum of care business development planning and expansion.
  • Strategically use information provided by decision support systems.
  • Analyze physician alignment arrangements and associated strategic opportunities.
  • Integrate various Ascension-wide strategies.
  • Serve as a source of shared learning and best practices and act as a highly responsible steward of Ascension's resources by fostering dialogue, providing the necessary analyses.
  • Embrace spiritual formation for personal leadership and provide a work environment that supports spiritual and professional development of associates and team members.
  • Demonstrate, and expect others to demonstrate, the personal and professional behaviors consistent with Ascension's mission, vision, and values.

Virtuous Servant Leadership

Ascension is committed to virtuous servant leadership as an essential enabler of our Integrated Ministry and provides opportunities for leaders to grow in virtue. These behaviors are enabled by trust between and among community members. These virtuous servant leadership capacities are demonstrated in the following expected behaviors which include, but are not limited to:

Maintains a Centered Presence

  • Ensures effective leadership presence
  • Is minded and flexible
  • Recognizes and suspends inherent personal biases
  • Is mutually supportive

Commits to Effective Interactions and Decisions

  • Communicates fully and transparently and listen in a non-defensive posture
  • Recognizes that because each leads, each supports, and each follows at different times, my contribution will always be valued but my input will not always be acted upon
  • Is decisive, willing to choose challenge over comfort, even in the face of incomplete information after allowing time for discernment
  • Step-ups to disagreements as a way to test one's ways of seeing and thinking with others and find common ground

Holds Oneself and Others Accountable

  • Embraces shared goals and take individual responsibility for achieving system vision
  • Proactively identifies and resolves divergent priorities to ensure alignment across Ascension
  • Internalizes and incorporates successes and failures to drive future performance

Key Competencies:

Cultivates Partnerships Initiates and maintains strategic relationships with stakeholders inside and outside the health ministry (e.g., physicians, politicians and lobbyists, payers, suppliers and community representatives) to advance shared goals; seeks and considers stakeholder perspectives and promotes fairness in dealings with others.

Leverages Market Opportunities Uses one's understanding of key market drivers to create ministry, community and patient service opportunities and/or expand into new markets or innovative patient services.

Sets Ministry Strategy Establishes and commits to a long-term strategic direction after considering clinical and financial data, resources, market drivers, and impact on mission, vision and core values; takes responsibility for the collective ministry strategy; anticipates and responds to shifts within the market, technology, or policy environment that influence the delivery, management, and financing of healthcare.

Achieves Values Based Results Sets high goals, consistent with our values, for personal and group accomplishment; tenaciously works to meet or exceed those goals; measures progress and derives satisfaction from goal achievement and continuous improvement.

Models and Demonstrates Integrity Genuinely cares about people especially the poor and vulnerable; communicates openly and honestly to foster trust relationships among colleagues and those we serve; recognizes and understands that leadership is a Call to Serve Others and that this service is a Commitment to Life; fosters personal growth and demonstrates reverence.

Leads Organization Change Seeks (and encourages others to seek) innovative ways to improve results by transforming organizational culture, systems, or products/services; adapts strategically to emerging market demands, technology, and internal initiatives.

What You Will Need:

Required Education & Experience

  • A Master's degree is highly preferred. Bachelor's Degree required.
  • A minimum of 7+ years of demonstrated outcome-oriented financial leadership in a highly complex, multi-site facility and/or multi-site care delivery model. 10 years preferred.
  • A strong commitment to the mission of Catholic healthcare and a personal and professional presence to provide leadership on behalf of Ascension; a values driven, authentic leadership style which is guided in thinking, in acting, a sensitivity to the mission and core values of Ascension.
  • Highly strategic: demonstrated track record in assessing a complex, competitive market and in developing related growth initiatives in acute and non-acute care and in partnership with physicians, payers, and/or other providers.
  • Demonstrated strategic business orientation, with an understanding of the future direction of healthcare delivery and reimbursement; the ability to motivate and engage others in a common vision in response to such changes.
  • Demonstrated ability to gain physician support when developing, implementing, and promoting projects, ventures, and programs in a shared leadership environment.
  • A system-oriented thinker with the ability to analyze complex relationships and situations, think outside the box, take action, and promote entrepreneurial and innovative approaches to optimize care delivery at the system level and across the Ministry Market.
  • A history of seeking out and developing collaborative relationships with internal and external constituencies in order to accomplish a common goal.
  • Superb communication, facilitation, negotiation, and listening skills, accompanied by the ability to know how and when to influence, persuade, direct, challenge, and relinquish control.

Why Join Our Team:

Ascension is a faith-based healthcare organization dedicated to transformation through innovation across the continuum of care. As one of the leading non-profit and Catholic health systems in the U.S., Ascension is committed to delivering compassionate, personalized care to all. In FY2020, Ascension provided $2.4 billion in care of persons living in poverty and other community benefit programs. Ascension includes more than 160,000 associates and 40,000 aligned providers across a national network of ministries. We offer rewarding careers across more than 2,600 sites of care - including 146 hospitals and more than 50 senior living facilities - in 19 states and the District of Columbia.

Equal Employment Opportunity Employer:

Ascension is an equal opportunity employer (EEO) and affords equal opportunity to all associates and applicants without regard to race, color, religion, national origin, gender identity, sexual orientation, age, physical or mental disability, veteran status, genetic data, or other legally protected status.

For further information regarding your EEO rights, click on the following link to the "EEO is the Law" poster:

http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf

EEO is the Law Poster Supplement


Please note that Ascension will make an offer of employment only to individuals who have applied for a position using our official application. Be on alert for possible fraudulent offers of employment. Ascension will not solicit money or banking information from applicants.

E-Verify Statement:

This employer participates in the Electronic Employment Verification Program. Please click the E-Verify link below for more information.

E-Verify
Right to Work


This job has expired.

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