Chief Financial Officer in Training
Company: Universal Hospital Services Inc.
Location: Kirkland
Posted on: May 4, 2024
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Job Description:
Responsibilities One of the nation's largest and most respected
providers of hospital and healthcare services, Universal Health
Services, Inc. has built an impressive record of achievement and
performance. Growing steadily since its inception into an esteemed
Fortune 500 corporation, annual revenues were $11.4 billion in
2019. In 2020, UHS was again recognized as one of the World's Most
Admired Companies by Fortune; ranked #281 on the Fortune 500; and
in 2017, listed #275 in Forbes inaugural ranking of America's Top
500 Public Companies. Headquartered in King of Prussia, PA, UHS has
90,000 employees and through its subsidiaries operates 26 acute
care hospitals, 328 behavioral health facilities, 42 outpatient
facilities and ambulatory care access points, an insurance
offering, a physician network and various related services located
in 37 U.S. states, Washington, D.C., Puerto Rico and the United
Kingdom.As the premier leader in Behavioral Health Services, UHS
continues to grow its Behavioral Health Division through organic
hospital development and acquisitions. Given this unprecedented
growth we have developed an exciting program to harness and develop
talent for future financial executive positions within our
behavioral health hospitals and programs.Our CFO in Training
development program has been designed to identify high potential
hospital based financial leaders in the marketplace and internally
within the UHS hospital system. Chosen candidates will be placed
within a UHS free standing inpatient psychiatric facility and work
closely under the tutelage of a Chief Financial Officer. During the
training period candidates will focus on key areas of the business,
gaining expertise in the accounting and finance functions along
with managing and creating a successful team. Focus on facility
financial metrics including but not limited to, provider
contracting, budget and strategic planning, Accounts Receivable,
Business Office oversight, preparation of monthly and yearly
financial packages, FTE management/staffing in relationship to
patient volume to name a few.The program prepares fast-track
healthcare financial leaders to harness their talent and broaden
knowledge of financial leadership within a UHS inpatient Acute
Psychiatric Facility. Candidates that successfully complete the
training will be placed as Chief Financial Officers within the UHS
Behavioral Division.The knowledge you gain during this process from
interactions and real life work examples will help lay the ground
work for becoming a Financial Executive within our Behavioral
Health Hospitals.Throughout the years UHS has attracted and
developed a large number of talented hospital CFO's. Do you have
what it takes to be a UHS Behavioral Health Hospital CFOCandidate
must be open to relocation once training is successfully completed.
UHS operates nearly 200+ Behavioral Health Facilities nationwide.
Candidates that successfully complete the program will be placed in
a Chief Financial Officer role and will need to be open to
relocation. Relocation assistance is provided to candidates by UHS
once program is completed.The successful Chief Financial Officer in
training will work to develop the following skills and
responsibilities:Monitor and control accounts receivables. Closely
oversees Business Office functions to ensure cash collection goals
are met, and net revenue is properly stated.Improve the
profitability of the hospital. Continually monitor costs in all
areas, especially staffing as it relates to patient volume.Develop
and monitor policies and procedures within generally accepted
accounting principles and corporate guidelines to ensure sufficient
cash flow, reduced hospital operating costs, and increased
revenues.Prepare monthly financial statements, financial packages,
reports/analysisProvide reconciliations, account analysis, and
other information for Reimbursement Department, Tax Department,
Auditors, etc., to aid in preparation of reports.Prepare annual
budget in conjunction with UHS standards. In cooperation with
management and department heads, reviews prior financial results
and discusses anticipated changes to highlight future needs and
trends of the facility. Qualifications --- Minimum of 5 years of
experience in a financial role in an inpatient healthcare setting,
Acute Care Hospital and behavioral health strongly preferred.---
Minimum education requirement of a Bachelors degree in accounting,
masters degree preferred--- Experience in multiple areas of
healthcare finance and accounting required AP/AR, payroll,
accounting, business office, financial counseling, budgeting
etc.This Opportunity offers the following:--- Challenging and
rewarding work environment--- Growth and Development Opportunities
within UHS and its Subsidiaries--- Competitive Compensation---
Excellent Medical, Dental, Vision and Prescription Drug Plan---
401k plan with company match--- Generous Paid Time Off*We are not
accepting unsolicited assistance from search firms for this
employment opportunity. All resumes submitted by search firms to
any employee at the facility via-email, the Internet or in any form
and/or method without a valid written search agreement in place for
this position will be deemed the sole property of the facility. No
fee will be paid in the event the candidate is hired by the
organization as a result of the referral or through other means.UHS
is a registered trademark of UHS of Delaware, Inc., the management
company for Universal Health Services, Inc. and a wholly-owned
subsidiary of Universal Health Services, Inc. Universal Health
Services, Inc. is a holding company and operates through its
subsidiaries including its management company, UHS of Delaware,
Inc. All healthcare and management operations are conducted by
subsidiaries of Universal Health Services, Inc. To the extent any
reference to "UHS or UHS facilities" on this website including any
statements, articles or other publications contained herein relates
to our healthcare or management operations it is referring to
Universal Health Services' subsidiaries including UHS of Delaware.
Further, the terms "we," "us," "our" or "the company" in such
context similarly refer to the operations of Universal Health
Services' subsidiaries including UHS of Delaware. Any employment
referenced in this website is not with Universal Health Services,
Inc. but solely with one of its subsidiaries including but not
limited to UHS of Delaware, Inc*
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Keywords: Universal Hospital Services Inc., Shoreline , Chief Financial Officer in Training, Executive , Kirkland, Washington
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