Chief Financial Officer - CSMC​/MH - Hospital in CA

Purpose of the Position

The Chief Financial Officer (CFO) provides management oversight of the financial operations of Cedars‑Sinai Medical Center and Cedars‑Sinai Marina Hospital. The incumbent is responsible for planning and recommending financial management policy to the system Chief Financial Officer, including long‑range financial planning and strategic resource alignment. The individual directs and coordinates financial policy and activities to assure short‑term fiscal discipline and long‑term financial strength for Cedars‑Sinai Medical Center, Cedars‑Sinai Marina Hospital, and their subsidiary corporations.

The CFO is responsible for the overall management of the accounting and financial control functions including: general accounting, accounts payable, payroll, tax, financial planning and analysis, budgeting, reimbursement, and cash management. This position also has responsibility for systemwide control and internal/external reporting systems as well as coordination of systemwide internal and external audits.

The Chief Financial Officer (CFO) provides management oversight of the financial operations of Cedars‑Sinai Medical Center and Cedars‑Sinai Marina Hospital. The incumbent is responsible for planning and recommending financial management policy to the system Chief Financial Officer, including long‑range financial planning and strategic resource alignment. The individual directs and coordinates financial policy and activities to assure short‑term fiscal discipline and long‑term financial strength for Cedars‑Sinai Medical Center, Cedars‑Sinai Marina Hospital, and their subsidiary corporations.

The CFO is responsible for the overall management of the accounting and financial control functions including general accounting, accounts payable, payroll, tax, financial planning and analysis, budgeting, reimbursement, and cash management. This position also has responsibility for systemwide control and internal/external reporting systems as well as coordination of systemwide internal and external audits.

• Directs the accounting and control functions/operations to facilitate accurate, informative, consistent and timely periodic reporting and publishing of results of operations and the organization’s financial position.
• Ensures the preparation of timely and accurate financial reports as required by federal, state and local law and regulations and as needed for proper administration of the corporation’s finances.
• Directs the corporate‑wide management reporting systems on financial and operational data.
• Establishes financial policies and programs to protect and optimally utilize the financial resources of Cedars‑Sinai.
• Maximizes the efficiency and effectiveness of corporate and business unit financial functions.
• Conducts benchmarking, efficiency analysis, and evaluates operational target achievement.
• Directs the management of financial analysis for operational and new business strategies and initiatives.
• Analyzes and interprets data and provides the CEO and management with information on the current and projected financial condition of Cedars‑Sinai, and provides recommendations to maintain and improve financial viability.
• Coordinates internal and external auditing functions; develops and maintains appropriate levels of internal control; and assures that financial statements are prepared in accordance with generally accepted accounting principles.
• Directs the financial aspect of short and long‑range system‑wide strategic business plans, including operating and capital budgeting.
• Oversees the development of various financial systems including general ledger, budgeting, long‑range financial planning, employee expense reimbursement and cost accounting.
• Oversees the development of financial and control systems to manage philanthropic funds and ensure compliance with donors’ restrictions.
• Develops, implements and maintains performance standards, measurements and corrective devices which review and appraise the soundness, adequacy and application of operating and financial controls, and ensure that approved plans are accomplished.
• Works with legal and compliance management and…