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Chief Financial Officer
Chief Financial OfficerAscension • Waco, Texas, United States
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Chief Financial Officer

Chief Financial Officer

Ascension • Waco, Texas, United States
[job_card.30_days_ago]
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  • [job_card.full_time]
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Details

Ascension Texas has an amazing new opportunity and is hiring a Chief Financial Officer at  Ascension Providence Hospital  in Waco, TX.

  • Department : Ministry Wide Function (MWF) Texas
  • Location :   Waco, Texas

Benefits

Paid time off (PTO)

Various health insurance options & wellness plans

Retirement benefits including employer match plans

Long-term & short-term disability

Employee assistance programs (EAP)

Parental leave & adoption assistance

Tuition reimbursement

Ways to give back to your community

Benefit options and eligibility vary by position. Compensation varies based on factors including, but not limited to, experience, skills, education, performance, location and salary range at the time of the offer.

Responsibilities

The Chief Financial Officer (CFO) at Ascension Providence provides strategic and operational financial leadership in alignment with hospital policies and objectives. This executive role oversees financial departments such as Accounting, Reimbursement, Managed Care, Health Information, and Utilization Review. Reporting directly to the Hospital CEO, the CFO collaborates closely with the Ministry CFO, Hospital COO, CMO, and CNO to drive financial performance and support long-term organizational success.

  • Lead efforts to analyze and identify opportunities to reduce operating costs and increase revenue, based on financial data, market trends, and operational procedures.
  • Oversee the preparation of internal financial reports that accurately reflect the hospital’s financial standing.
  • Ensure timely submission of all required financial data and reports to government agencies and regulatory bodies, including payroll tax filings, public disclosures, and third-party payer cost reports.
  • Identify unfavorable financial trends and emerging business opportunities, offering strategic recommendations to hospital leadership.
  • Support the CEO in developing short- and long-term operational plans, including demand forecasting, resource analysis, and cost-benefit evaluations for capital and staffing proposals.
  • Develop and manage operational and capital budgets aligned with the hospital’s strategic objectives.
  • Direct the production of statistical, budgetary, and financial reports for internal and external use.
  • Administer core financial functions such as general accounting, patient business services, reimbursement, and reporting, in compliance with policy and standard accounting practices.
  • Provide informal oversight and performance monitoring in areas such as data processing, distributed systems, and materials management.
  • Forecast the financial impact of strategic business decisions and assess expected outcomes.
  • Monitor economic and financial trends that could affect operations, investments, or planning decisions.
  • Communicate financial performance insights and updates to stakeholders, including senior leadership, facility staff, and the Ministry Office.
  • Review denial trends and financial reporting to maximize net reimbursement and ensure the accuracy of the hospital’s charge master.
  • Evaluate contracts, purchase agreements, and other financial arrangements to ensure alignment with organizational goals and financial performance targets.

    • #Le@der

    Requirements

    Education :

  • Associate's degree / Bachelor's degree with 7 years of applicable cumulative job specific experience required, with 4 of those years being in leadership / management.

    • Additional Preferences

    Master's degree preferred

    Hospital , adult and trauma level experience required.

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