Chief Financial Officer

Overview

Founded in 1911, Mercy Medical Center, located in Aurora, IL, is a 292-bed facility that provides specialized and emergency care 24 hours a day, 7 days a week. We have 95 beds for acute mental health treatment and 197 beds for medical, surgical, obstetric, pediatric, and intensive care. Mercy is a leading choice for specialty care, including behavioral health, heart care, cancer treatment, stroke care, orthopedics, and women’s health.

Our OB-GYN and maternity care teams provide a personalized birthing experience tailored to each patient.

Mercy Medical Center, a member of Prime Healthcare, offers rewarding career opportunities in a dynamic and supportive environment, where employees are empowered to grow, learn, and thrive.

With a strong commitment to education and professional development, we provide a range of resources, including tuition reimbursement, PrimE-Academy education, and ongoing training to help our team members advance their careers. Our comprehensive benefits package—featuring medical, dental, vision, paid time off, and more—is designed to meet the evolving needs of our employees at every stage of their journey.

As a Chief Financial Officer, you'll be responsible for:

• Carrying out all policies and procedures established by the Governing Board consisted with the philosophy and practices of the Hospital.
• Presenting to the Governing Board or to its authorized committees periodic reports reflecting the financial activities of the hospital.
• Responsibility for planning, organizing and influencing department activities and assuring financial records of the hospital are maintained following generally accepted accounting standards.
• Preparing an annual operating capital expenditure and cash flow budget showing the expected receipts and expenditures and such other information as required by the organization and submission of such budgets for approval.
• Supervising financial affairs to ensure that funds are collected and expended to the best possible advantage and within the provision of the annual budgets.
• Setting realistic goals and meets those goals through set criteria that measures effective outcomes, focus and drive.
• Demonstrating flexibility; being willing to make changes in the work schedule and work assignments to meet changing demands/priorities.
• Employing analytical abilities, pragmatism, and other tools to resolve complex problems in a variety of contexts.
• Identifying problems and possible solutions; contributing to organizational performance improvement.
• Maintaining ability to connect processes, events, and systems, demonstrating a balance between process orientation and big-picture thinking.
• Identifying with, and sharing in the organization’s commitment to mission, philosophy and goals.

In order to be considered for this Chief Financial Officer position, you'll possess the following qualifications:

• Bachelor degree in Accounting / Finance or closely related field.
• Extensive knowledge of Health Care Accounting practices and principles.
• Progressively responsible position in the Accounting profession.
• Familiarity with computer accounting programs.
• CPA preferred
• Membership and active participation in ACHE and/or other professional organization preferred.
• Five to seven years’ experience in hospital accounting/finance required; two years in management preferred.
• Management of hospital financial issues related to budgeting, cash management, capital finance, and performance evaluations.
• Knowledge of insurance matters, regulations, reimbursement, information systems and plant operations.

Mercy Medical Center offers competitive compensation and a comprehensive benefits package that provides employees the flexibility to tailor benefits according to their individual needs. Our Total Rewards package includes, but is not limited to, paid time off, a 401K retirement plan, medical, dental, and vision coverage, tuition reimbursement, and many more voluntary benefit options. A reasonable compensation estimate for this role, which includes estimated wages, benefits, and other forms of compensation, is $ to $ on an annualized basis.

The exact starting compensation…