Chief Financial Officer

Chief Financial Officer

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

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.

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.

Why Join Our Team

Ascension associates are key to our commitment of transforming healthcare and providing care to all, especially those most in need. Join us and help us drive impact through reimagining how we can deliver a people-centered healthcare experience and creating the solutions to do it. Explore career opportunities across our ministry locations and within our corporate headquarters.

Ascension is a leading non-profit, faith-based national health system made up of over 134,000 associates and 2,600 sites of care, including more than 140 hospitals and 40 senior living communities in 19 states.

Our Mission, Vision and Values encompass everything we do at Ascension. Every associate is empowered to give back, volunteer and make a positive impact in their community. Ascension careers are more than jobs; they are opportunities to enhance your life and the lives of the people around you.

Equal Employment Opportunity Employer

Ascension provides Equal Employment Opportunities (EEO) to all associates and applicants for employment without regard to race, color, religion, sex / gender, sexual orientation, gender identity or expression, pregnancy, childbirth, and related medical conditions, lactation, breastfeeding, national origin, citizenship, age, disability, genetic information, veteran status, marital status, all as defined by applicable law, and any other legally protected status or characteristic in accordance with applicable federal, state and local laws.

For further information, view the EEO Know Your Rights (English) poster or EEO Know Your Rights (Spanish) poster.

As a military friendly organization, Ascension promotes career flexibility and offers many benefits to help support the well-being of our military families, spouses, veterans and reservists. Our associates are empowered to apply their military experience and unique perspective to their civilian career with Ascension.

Pay Non-Discrimination Notice

Please note that Ascension will make an offer of employment only to individuals who have applied for a position using our official application. Be on alert for possible fraudulent offers of employment. Ascension will not solicit money or banking information from applicants.

This employer participates in the Electronic Employment Verification Program. Please click the E-Verify link below for more information.