Job Summary

COMPANY BACKGROUND:

Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company headquartered in Dallas. Our care delivery network includes United Surgical Partners International, the largest ambulatory platform in the country, which operates ambulatory surgery centers and surgical hospitals. We also operate a national portfolio of acute care and specialty hospitals, other outpatient facilities, a network of leading employed physicians and a global business center in Manila, Philippines. Our Conifer Health Solutions subsidiary provides revenue cycle management and value-based care services to hospitals, health systems, physician practices, employers, and other clients. Across the Tenet enterprise, we are united by our mission to deliver quality, compassionate care in the communities we serve. For more information, please visit www.tenethealth.com.

MARKET SUMMARY:

Baptist Medical Center, San Antonio, TX

Baptist Medical Center is part of Baptist Health System, a trusted provider of hospital, health and wellness services in San Antonio and South/Central Texas. The system includes six acute-care hospitals (Baptist Medical Center, Mission Trail Baptist Hospital, North Central Baptist Hospital, Northeast Baptist Hospital and St. Luke’s Baptist Hospital in San Antonio, and Resolute Health Hospital in New Braunfels), which offer more than 1,812 licensed beds. The system also includes the Baptist Orthopedic Hospital, Baptist Children’s Hospital, 4 inpatient rehabilitation centers, ambulatory, multiple urgent care, and imaging center locations, eight Baptist Emergency Hospital locations, the Baptist Physician Network and Baptist School of Health Professions.

Baptist Medical Center has been delivering exceptional quality patient care since 1903. The hospital is nationally ranked by U.S. News and World Report and Leapfrog in a number of specialties including Congestive Heart Failure, Colon Cancer Surgery, COPD, Hip Replacement and Knee Replacement. Baptist Medical Center operates over 600 licensed beds and employs more than 1,400 employees. The hospital is an Accredited Chest Pain Center and Certified Primary Stroke Center. Key services include a robotic surgery program, cardiovascular and cardiothoracic surgical care, neurology, orthopedics, digestive diseases, rehabilitation, cancer care, women’s services, emergency care and a senior behavioral health unit, among others. For more information visit:

https://www.baptisthealthsystem.com/locations/detail/baptist-medical-center

POSITION SUMMARY:

The Assistant Chief Financial Officer (ACFO) is responsible for safeguarding facility assets and ensuring the integrity and accuracy of financial statements in accordance with GAAP. This role helps oversee compliance with financial policies, the effectiveness of internal controls, and overall financial governance.
As a key member of the facility leadership team, the ACFO partners with the CFO, CEO and A-Team to develop and execute strategic and financial plans, while maintaining strong relationships with internal stakeholders and external regulatory bodies.

The Assistant Chief Financial Officer collaborates with the Chief Financial Officer and assumes responsibility for the ongoing effective operation of the department by exerting a leadership role that supports the hospitals, mission, vision, goals and objectives while focusing on the patient, physicians, employees, volunteers and the community as customers. The Assistant Chief Financial Officer supports the continuous assessment, improvement, coordination and integration into the hospitals’ and market’s financial functions.

Responsibilities

FUNCTIONAL EXPECTATIONS & REQUIREMENTS:

The ACFO helps lead financial strategy, planning, and performance management for the facility, including risk identification, mitigation, and communication of financial risks and opportunities. This role collaborates closely with corporate functions (e.g., Accounting, Audit, Legal, Treasury, IT) to ensure alignment and operational effectiveness.

Key responsibilities include (supporting the CFO/Market CFO):

• Financial Performance & Planning
  • Analyze daily operating results to ensure that revenues, expenses, and labor are within budgeted objectives; advise department heads and administration of needed changes and improvements
  • Drive productivity and length of stay (LOS) initiatives to optimize operational efficiency, resource utilization, and financial performance
  • Develop and manage annual budgets, forecasts, and cash flow plans (including rolling forecasts)
  • Provide accurate, timely financial reporting and analysis
• Controls & Compliance
  • Maintain strong internal controls, financial systems, and recordkeeping
  • Ensure compliance with regulatory requirements, GAAP, and company policies
  • Promote ethical financial practices and audit readiness
• Revenue Cycle & Operations
  • Manage revenue cycle performance, including denials management, reimbursement, charge capture, and collections
  • Partner with stakeholders to improve financial and operational outcomes
• Capital & Investment Management
  • Evaluate capital projects and business opportunities, assessing financial impact and ROI
  • Manage capital deployment in alignment with financial plans
• Strategic Leadership
  • Partner with executive leadership on strategic initiatives, growth opportunities, and financial planning
  • Analyze new business opportunities, including managed care contracts and program expansion

ORGANIZATIONAL LEADERSHIP - EXPECTATIONS & REQUIREMENTS:

The ACFO is expected to help drive financial and operational excellence through:

• Judgment & Execution: Deliver consistent financial performance, maintain strong controls, and adapt to market dynamics
• Strategic Partnership: Act as a trusted advisor to the CFO, contributing to growth, cost management, and long-term strategy
• Financial Influence: Translate complex financial concepts into actionable insights across all levels of the organization
• Operational Rigor: Set clear financial targets, monitor performance, and drive accountability
• Talent Development: Build and develop high-performing finance teams, ensuring strong succession pipelines

Qualifications

CANDIDATE EXPERIENCE, ATTRIBUTES AND EDUCATION REQUIREMENTS:

Experience:

• 5+ years of progressive financial leadership experience; Healthcare/hospital experience is required
• Strong background in financial operations, planning, reimbursement, and capital management
• Demonstrated success improving financial performance in complex environments
• Experience with managed care contracting and regulatory compliance

Skills & Attributes:

• Strong business acumen with the ability to translate complex data into clear insights
• Collaborative leadership style with ability to influence across functions
• High integrity, sound judgment, and strong communication skills
• Proven ability to operate effectively in fast-paced, high-pressure environments

Education:

• Bachelor’s degree in Finance or Accounting required (or Business degree with Accounting/Finance focus or a CPA)
• MBA, MHA, and/or CPA strongly preferred

• A competitive compensation program will be tailored to the selected candidate. Base salary will be supplemented by a performance bonus and comprehensive, well-rounded benefits program, which includes relocation assistance.

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Employment practices will not be influenced or affected by an applicant’s or employee’s race, color, religion, sex (including pregnancy), national origin, age, disability, genetic information, sexual orientation, gender identity or expression, veteran status or any other legally protected status. Tenet will make reasonable accommodations for qualified individuals with disabilities unless doing so would result in an undue hardship.
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