The Washington State Hospital Association is currently conducting a search for a Chief Financial Officer.
Are you an experienced financial leader with experience that is both broad and deep? Are you familiar with non-profit accounting? Would like to work with a group of dynamic, dedicated, passionate people who are committed to transforming health care in the state of Washington? If so, we want to talk to you about a career at the Washington State Hospital Association.
WSHA is a dynamic, financially robust organization that has been in existence for over 80 years and continues to grow and evolve as the needs of Washington residents and our member hospitals change. We are committed to ensuring that all Washington residents have access to quality health care and that best practices in health care and patient safety are shared among other initiatives. We are located in beautiful downtown Seattle, surrounded by wonderful views of Puget Sound and the Olympic mountains, with easy access to bus lines or underground parking. We offer an engaging and supportive workplace and a mission-driven organization.
We are currently recruiting for a Chief Financial Officer to lead and oversee our finance, data analytics, IT security, and compliance departments, ensure appropriate oversight of WSHA’s ongoing financial health and act as primary steward of WSHA’s resources. The CFO will also be involved in discussions regarding healthcare related financial issues that impact policy initiatives championed by WSHA on a state and federal level. The Chief Financial Officer will be expected to provide leadership and support for WSHA’s wholly owned subsidiary, Washington Hospital Services, and will also be responsible for managing the financial and compliance aspects of the various federal contracts administered by WSHA.
The position supervises three professional employees, the Vice President of Data Analytics and IT Services, the Sr. Director of Finance and the Assistant Director of Compliance and Contracts. The CFO is a member of the senior executive team of the Washington State Hospital Association and reports to the WSHA President and CEO. This position interacts extensively with leaders at member hospitals, and with internal leaders in the hospital associations in the Pacific Northwest. With the other members of the senior leadership team, the CFO helps define overall culture and determine and implement the strategic direction of the Association.
Specific duties of this position include, but are not limited to:
- Exhibit and model teamwork and shared commitment to WSHA’s mission and vision to internal staff, members and external partners.
- Promote WSHA as a high-quality organization through professionalism, expertise and responsiveness.
- Supervise the financial operations of WSHA and all related organizations including accounting, financial reporting, investment management, risk management, benefits administration, maintenance of banking relationships and taxes.
- Oversee the development of and monitoring of the annual operating and capital budgets for WSHA and all related organizations and ensure adherence to the budget.
- With the Sr. Director of Finance, update WSHA’s long-term financial projections annually.
- Staff the Board-level Finance, Audit and Compliance Committee, with a direct line of accountability to Board officers.
- Develop and maintain close working relationships with hospital CFOs and finance/payer relations staff, as well as health insurance partners and other key stakeholders. Lead WSHA’s membership groups of CFOs and other related groups.
- Serve as a member of WSHA’s Government Affairs team. Lead/generate ideas around financial policy issues that enhance payment stability for member hospitals. Provide expertise and knowledge in health care finance, including state and national trends in health care financial legislation and regulation, and private sector initiatives.
- Maintain a detailed understanding of the Safety Net Assessment provider tax program and ensure the smooth processing of assessments, distributions and program funding.
- Oversee the work of the data analytics and IT security departments, ensuring WSHA is delivering timely and valuable data to members in an environment that protects the security of the data collected and distributed. Partner with Safety and Quality leader on actionable data at the intersection of safety/quality and finance; partner with Government Affairs leader on actionable data to advance WSHA’s policy priorities.
- Serve as Compliance Officer for WSHA related to overall compliance activities as well as compliance related to government grants and or contracts. Supervise the Assistant Director of Compliance.
- Serve as the President of Washington Hospital Services, which is ably managed by others. Provide key financial and business support to WHS staff. Provide strategic counsel for the growth of WHS with the objective of continually growing profitability. Assist with the governance functions of WHS.
- Participate on key organization committees, such as the Human Resources and Retirement Committees.
- Other duties as assigned.
Desired qualifications, skills, and abilities
- Bachelor’s Degree in Finance, Business Administration, or related field required, Master’s Degree preferred.
- CPA preferred but not required.
- A minimum of ten years of related experience in a senior leadership position required.
Skills & Abilities:
- Thorough understanding of Washington health care and hospitals, awareness of current news and issues affecting the health care community
- Understanding of state and federal payment programs that affect hospitals and health care and the legislative and regulatory process that underlie those programs
- Strong management skills; ability to be a critical thinker
- Proven ability to successfully direct and lead teams, manage productivity, and resolve conflicts when necessary
- Comfortable giving and receiving feedback in a constructive manner to colleagues and supervisors
- Able to quickly understand, analyze and communicate complex healthcare financial issues
- Strong financial understanding of Generally Accepted Accounting Principles especially as they relate to not-for-profit organizations and insurance trusts
- Experience with business development to aid the growth of Washington Hospital Services
- Able to persuade and influence others, demonstrated by warm, friendly and positive demeanor—someone who is comfortable meeting new people and is able to connect easily to those from diverse backgrounds
- Even keeled and unflappable even when things get tough
- Able to articulate a vision and lead a team and WSHA members toward that vision
- Strong interpersonal and communication skills
- Able to effectively work both independently and as a team member who interacts well with all levels of internal staff, outside clients/customers, and vendors.
- Able to build bridges among different internal constituencies within the organization
- Able to develop and deliver presentations, including the creation, composition, and editing of written materials
- Experience working with federal and other grants including an understanding of federal grant requirements strongly preferred.
- Proficient with MS office suite, including Outlook, Word, Excel, and Power point and able to learn new systems as needed.
How to apply
If you have the skills and abilities listed above, feel that you would be a good fit for this position and would like to be part of this exceptional organization, for immediate consideration, please apply through our career center at:
No calls please. WSHA is an Equal Opportunity Employer.