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Chief Financial Officer

Dartmouth-Hitchcock Health
Lebanon, NH Full Time
POSTED ON 1/5/2025 CLOSED ON 1/13/2025

What are the responsibilities and job description for the Chief Financial Officer position at Dartmouth-Hitchcock Health?

Overview

Under the direction of the CEO and President of Dartmouth-Hitchcock (DH)/Dartmouth-Hitchcock Health (0-HH) and Dartmouth-Hitchcock Health's Chief Financial Officer, the Hampstead CFO and SVP of Finance serves as a key member of the D-HH Senior leadership and finance teams, responsible for the oversight, direction and development of financial planning activities and meeting financial goals for the health system. Collaborating closely with the health system's Chief Clinical Officer, Executive Vice President of Dartmouth-Hitchcock Medical Center ("EVP DHMC"), Community Group Practice leadership and others, The CFO and SVP of Finance works to develop and implement financial strategic plans and goals. The CFO and SYP of Finance is also responsible for developing financial forecasts, budgets, analysis, and recommendations to support decisions related to key business performance measurements to ensure the long-term financial health of the organization. Understanding performance versus operating budgets and presenting overall financial results to drive future decisions are key responsibilities, as well as continuously monitoring and working to mitigate organizational financial risk. This role has overall responsibility for the Hampstead's operating and capital budget and long-term financial planning processes and related systems (e.g. EPSi and Axiom). A key requirement of the CFO and S VP of Finance role is to demonstrate a high level of integrity and foster an overall spirit of cooperation, trust and respect among management and staff at all levels, as well as with external contractors and subcontractors within Dartmouth-Hitchcock and across the System. The CFO and SVP of Finance serves an important role as the liaison to the Finance Committee of the D-H Boards of Trustees.

Responsibilities

  • Develop finance strategic plans, operating budgets, and capital budgets for D-R Coordinate these plans and budgets across Hampstead and with the administrative and/or medical and clinical leadership.
  • Provide leadership with an understanding of results and trends that impact achievement of financial and operational goals.
  • Partner with DH/D-HH leadership in the development, review and management of strategic business plans. Ensure appropriate financial support to assist the organization in making program, budget, and planning decisions.
  • Provide advice to the CEO and executive leadership concerning the financial ran1itications to the organization of proposed programs, policies, and organizational relationships.
  • Serve as Staff Liaison to the Finance Committee of the D-H Boards of Trustees and work closely with the Committee Chair.
  • Establish a culture, identity and sense of team that fosters exceptional service, creative problem solving and collaboration. Maintains a visible presence within DH and throughout the D-HH System.
  • Oversee and coordinate Hampstead's financial reports and statements, and administration of its accounting and budgeting practices and systems in conjunction with the System Finance team.
  • Partner with DH leadership to identify capital priorities; provide financial leadership for these priorities in conjunction with the System Finance team.
  • Maintain knowledge and understanding of State and Federal financial-related laws and regulations, as well as reimbursement and payment regulations of third party payors.
  • Ensure that adequate insurance coverage is maintained on the institution and its operations.
  • Serve as one of the key Hampstead authorized signors for contracts, agreements, checks, cost reports, tax returns, etc.
  • Identify potential areas of compliance issues, including without limitation management problems, inadequate controls, or financial loss, across all aspects of Hampstead operations, including without limitation in the grants and contracts area, and coordinate with Compliance and Audit Services to develop and implement corrective action plans as appropriate.
  • Serve as a key member of the D-HH finance team with overall responsibility for Hampstead's operating and capital budget and long-term financial planning processes and related systems.
  • Demonstrate the ability to effectively exchange information, interact, and work with others inside and outside the organization in a way that promotes productive work relationships. Maintain a high level of interaction with administrative and provider/physician leadership and assure effective commication.
  • Demonstrate effective problem solving skills, ability to listen and understand the needs of internal and external customers and develop an implementation plan to address their needs.
  • Qualifications

    • EDUCATION: Master’s degree from a recognized college or university with a major study in business administration, accounting, finance, public or health administration or a highly related discipline.
    • EXPERIENCE: Ten years of progressively responsible administrative or management experience in business, public or health management, accounting, finance, grants administration or a highly related field.
    • SPECIAL REQUIREMENTS: Proven leadership skills with successful management and supervisory experience; high level verbal and written communication skills; strong problem-solving skills, facilitation and organization skills; competence in functioning effectively and collaboratively with others to solve problems. Strong fiscal skills in all aspects of financial management including budget preparation, grants management, accounting, analysis, and financial reporting.
    • PREFERRED QUALIFICATIONS: Administrative or management experience in a large, public or healthcare agency is preferred.

    Required Licensure/Certifications

    • Must possess a valid driver's license and/or acess to transportation for statewide travel to departments, providers, stakeholder business locations, as needed.
    • CPA or similar professional designation is preferred.
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