Chief Financial Officer

Chief Financial Officer

This position is accountable for guiding the financial strategy, stewardship, and operational excellence of Mercy's complex financial ecosystem and owning the results to advance its mission. The Chief Financial Officer (CFO) functions as a strategic partner to the President & CEO and advises / supports the Executive Team, Board of Trustees and Mercy Management Team to ensure the achievement of Mercy's strategic initiatives and short / long-term financial goals. The CFO oversees financial operations across both non-profit and for-profit entities, ensuring alignment with Mercy's faith-based mission and compliance with all regulatory and ethical standards. In addition, the CFO serves as executive liaison to the Finance, Investment and Planning Committees of the Board of Trustees, and regularly interacts directly with the full Board and its other Board committees.

Job Duties

• Accountable to the President & CEO as a trusted and strategic advisor to achieve system-wide results.
• Develops and implements long-range financial plans aligned with the Mercy's mission, growth objectives, and industry trends.
• Owns the successful fiscal operations, financial assets and related record keeping functions for MCSC, MMC, MCMI, and the Foundation in a prudent and fiscally responsible manner.
• Oversees annual operating budgeting, capital budgeting, forecasting, financial reporting and performance monitoring for approval by the President & CEO and the Boards, and presentation to the Boards of MCSC, MMC, MCMI and the Foundation.
• Builds financial models and strategic partnerships to support expansion, philanthropy, joint ventures, and value-based care initiatives.
• Represents Mercy in financial negotiations, acquisitions, and investment decisions.
• Provides leadership and direction to the Vice President of Finance regarding budgeting, operations analysis, financial projections, decision support, receivables and disbursements, payroll, financial reporting and analysis, tax return and reporting functions, capital tracking, real estate management, reimbursement analysis, cost reporting, payor / contract analysis, benefits analysis, and accounting functions for MCSC, MMC, MCMI and the Foundation and holds them accountable for achieving results.
• Provides leadership and direction to the Sr. Director of Revenue Cycle and Director of Supply Chain & Clinical Engineering and holds them accountable for achieving results.
• Accountable for treasury leadership, and direction and results achievement for cash management, debt structure and investment functions for MCSC, MMC, MCMI and the Foundation. Ensures that treasury and related fund investment policies are reviewed and maintained in keeping with the organization's investment policy and in a manner that maximizes ongoing support for the organization's mission.
• Maintains health care industry, finance, and operations knowledge to serve as an information resource.

Knowledge, Skills and Abilities

Professional Experience

Education

Licensure, Certification, Registration

Pay Rate Type

Salary

Mercy is an independent, community-based organization supporting the Cedar Rapids area for over 120 years.

Mercy is an equal-opportunity employer. We value diversity, equity, and inclusion and therefore evaluate qualified applicants without regard to race, color, ethnicity, ancestry, sex, sexual orientation, gender identity, marital status, civil union status, parental status, religion, national origin, age, disability, veteran status, and other legally protected characteristics.