CFO Opportunity at George Washington University HospitalUniversal Health Services, Inc. (NYSE: UHS) is one of the nation's largest and most respected providers of hospital and healthcare services. With annual revenues of $15.8 billion in 2024, UHS is a Fortune 300 corporation.
UHS has approximately 99,000 employees and operates acute care hospitals, behavioral health facilities, outpatient facilities, an insurance offering, a physician network, and various related services across the U.S., Washington, D.C., Puerto Rico, and the United Kingdom.UHS is currently recruiting for a CFO at George Washington University Hospital located in Washington, DC. Since the current hospital building opened in 2002, physicians and nurses have been treating patients in a technologically advanced hospital. GW Hospital is a 395-bed tertiary care, academic medical center located in downtown Washington, DC.
Featuring a Level I Trauma Center and a Level III NICU, GW Hospital offers clinical expertise in a variety of areas including cardiac, cancer, neurosciences, women's health, and advanced surgery including robotic and minimally invasive surgery.CFO Job ResponsibilitiesThe CFO job responsibilities will include:Maximize hospital financial performance.Analyze the profitability of existing hospital operations, product lines, contractual agreements, etc., making recommendations when appropriate for improvement.Act as a change agent to reduce expenses and reduce variation in organization/process/procedures.Metric-focused to target overall hospital improvement in operations and finance.Participate in the hospital financial reporting process.Supervise the preparation of reports outlining hospital's financial position and operating profit and loss statement.Participate in the preparation and timely filing of federal, state, hospital association, third party, and other financial reports as required.Develop employees through appropriate management practices, creates a hospital climate to motivate employees to highest performance.Establish direction, coaches employees, provides feedback, and builds commitment.This Opportunity OffersThe following:Competitive compensationExcellent medical, dental vision and prescription planGenerous paid time offChallenging and rewarding work environment401(k) retirement plan with a company matchRelocation benefitsQualificationsTo be considered for this role, you must possess:A working knowledge of GAAP, Medicare and Medicaid regulations, and federal and local tax regulationsKnowledge of all business office and other administrative office operations including all processes from registration (pre-registration) through discharge and terminal resolution of the patient billKnowledge of managed care and other payer processes and agreements, including specific terms for negotiation are requiredKnowledge of all accounting processes including accounts payable, payroll and general accounting and effective ability to prepare financial statements and operating reports that accurately and timely reflect the entity's performanceSkill in interpreting the abstract pieces of financial analysis and performance; preparing schedules and reports, using source data and compiling reports from others' schedulesSkill in use of electronic spreadsheets and ability to manipulate data within proprietary and acquired data bases, using ACCESS, ECLYPSIS, or other databasesAdept at skillfully communicating ideas and facts, packaging information and concepts in a way that increases understanding by othersA Bachelor's degree in Accounting, Finance, or other closely-related field and a minimum of 10 years of relevant progressive financial experience, preferably with a healthcare organizationA Master's degree in Accounting, Finance, or other closely-related field is preferred with a minimum of 8 years of progressive financial experience required (healthcare organization strongly preferred)