Chief Financial Officer (CFO)
About the Opportunity
A 300+ bed acute care regional hospital is seeking an experienced Chief Financial Officer (CFO) to lead financial strategy, operations, and sustainability. As a key executive team member, the CFO will play a pivotal role in ensuring financial health, operational efficiency, and long-term success.
Key ResponsibilitiesStrategic Leadership
- Align financial strategy with hospital objectives in collaboration with the CEO and executive team.
- Partner with regional and corporate offices to drive operational and financial performance.
- Identify opportunities for growth, cost reduction, and financial sustainability.
Financial Management
- Oversee budgeting, forecasting, and financial reporting to ensure fiscal responsibility.
- Lead revenue cycle management, including billing, collections, and reimbursement optimization.
- Conduct financial analyses, cost-saving initiatives, and service line profitability reviews.
- Prepare and present financial reports to leadership and the board of directors.
Operational Oversight
- Direct general accounting, materials management, and financial reporting functions.
- Optimize billing and collection systems for improved revenue cycle performance.
- Negotiate and manage contracts with managed care organizations to maximize reimbursement.
Compliance & Risk Management
- Ensure strict compliance with The Joint Commission, OSHA, and federal/state regulations.
- Maintain strong internal controls to safeguard hospital assets.
- Oversee financial audits and risk management strategies.
Executive Advisory & Decision Support
- Provide data-driven insights to guide long-term financial planning and hospital expansion efforts.
- Advise leadership on capital investments, strategic initiatives, and financial risk management.
Qualifications
Education
- Required: Bachelor’s Degree in Accounting, Finance, or a related field.
- Preferred: Master’s Degree in Hospital Administration (MHA) or Business Administration (MBA).
Experience
- 10+ years in healthcare finance, with 5+ years as a Hospital CFO.
- Experience in for-profit healthcare systems is highly desirable.
- Familiarity with integrated health delivery systems and employed physician networks is a plus.
Certifications
- CPA certification is a plus but not required.
Technical Expertise
- Strong knowledge of hospital financial systems, healthcare accounting, and billing practices.
- Expertise in GAAP and healthcare-specific financial reporting.
- Proficiency in financial software, Microsoft Excel, and revenue cycle management tools.
Core Competencies
- Exceptional leadership and strategic planning abilities.
- Deep expertise in revenue cycle management, cost control, and managed care contracting.
- Strong interpersonal and communication skills to effectively engage internal and external stakeholders.
Why Join?
✅ High-Impact Leadership: Lead financial operations for a prominent regional healthcare provider.
✅ Competitive Compensation: Attractive salary, bonus eligibility, and relocation assistance.
✅ Professional Growth: Opportunity to drive financial success and operational excellence.
✅ Strategic Influence: Work alongside top healthcare executives to shape the hospital's future.
Application Process
Confidential applications are being accepted. Qualified candidates will be contacted for further discussions.
Job Type: Full-time
Pay: Up to $300,000.02 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Relocation assistance
- Vision insurance
Application Question(s):
- 3288436 What type of compensation is desired for a new position?
Education:
Experience:
- Recent Chief Financial Officer: 10 years (Required)
- Recent healthcare finance: 10 years (Required)
- Recent Hospital CFO: 5 years (Required)
- Recent For-profit healthcare: 1 year (Required)
- Recent leadership and interpersonal skills: 1 year (Preferred)
- Recent integrated health delivery system strongly: 1 year (Required)
- Recent Joint Ventures: 1 year (Required)
- Recent experience with employed physicians: 1 year (Preferred)
License/Certification:
Ability to Commute:
Ability to Relocate:
- Topeka, KS: Relocate before starting work (Preferred)
Work Location: In person
